Remove Marketing Remove Product Innovation Remove Product Strategy
article thumbnail

Why Less is More: Product Strategy

Innovation Excellence

Anxiety floods the boardroom, the conference rooms, every decision. Costs are rising. Returns are flat. Margins are thinning. Now, private label competitors are beating us in every area: technology, price, placement, design and sales. Worse, they have turned the category that we invented into a commoditized war zone and keep us in a rigid box.

article thumbnail

Unleash Innovation: Mastering New Product Development Strategies

Leapfrogging

Importance of Innovation in Today’s Business Landscape Innovation is not just a buzzword; it’s the fuel that drives businesses forward in a competitive and ever-changing marketplace. Your ability to innovate determines the sustainability and growth of your company.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 Product Development and Innovation Management Predictions for 2024

Planview

As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Factors influencing product development and delivery, like environmental impact (e.g.,

article thumbnail

Bring Startup Speed to your Innovation Team with Personas

Your Ideas are Terrible

Ever been in a product strategy meeting and unable to answer this simple question: So who is our customer? Or perhaps you have a 2-sided market – consider Uber drivers and Uber passengers. Personas (or buyer personas, marketing personas) are fictional representations of key customer characteristics.

article thumbnail

Community Collaboration Workshops Come in All Sizes

BrainZooming

On Wednesday, I delivered the closing keynote at the Real Time Marketing Lab with a mini-workshop on using strategic thinking super models to help C-suite executives understand social networking and content marketing strategy. Increase focus for your team with productive strategy questions everyone can use.

article thumbnail

Social Networks Will Change Product Innovation

Harvard Business Review

Much is being written about the impact that new communication technologies and channels (blogs, Facebook, Twitter, YouTube) have on traditional marketing. And this will require changes in product strategy. Andrei Hagiu is an associate professor in the strategy group at Harvard Business School.

article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

For example, one company saw they were making most of their sales from their traditional products, so they focused on that. A short while later they were pushed out of the market by companies that had innovated and created new products. So buying innovation externally is a smart option.