Stop Asking Your Team to Innovate Like Entrepreneurs… Until You Make Decisions Like VCs
Corporate innovation teams are taught in their organizations, and in the media and classes, to act like entrepreneurs navigating risk in a new venture or idea. But entrepreneurs usually work in partnership...
Are Your Breakthrough Innovations Failing to Break Out?
It is always difficult to develop an early idea, earn revenues, and exit. This struggle is especially true whenever firms fall in love with that new idea and manage (and fund) it like a traditional project. There’s an alternative path, though.
How to Set Price: 10 Steps That Will Reveal the Right Price for Your New Offering
As we help firms introduce new, breakthrough services and experiences, there comes a moment that can feel like the first day of school: Pricing. No matter how much preparation has come before, the...
Creating a Customer Behavior Data Research Strategy
Evolve your research design from measuring what your target customers ‘say’ to measuring what they actually ‘do’ by gathering behavioral data in scrappy ways.
A Simple Definition for a ‘Business Model’
The term business model is used loosely to describe how a business operates, but what is it as its simplest? Our CEO, Natalie Foley, breaks it down into simple terms and describes how a business model develops around a consumer need and evolves quickly through testing that de-risks concepts.
