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Putting Theory Into Practice Part 3: What we know and don’t know – framing the opportunity
In part 2 of our innovation saga Teknovantage innovation team identified what appears to be a promising opportunity but they also realize...
kmcgourty2
Apr 16, 20124 min read
Putting Theory Into Practice Part 2: Expanding and Developing the Business Hypothesis
In our last blog installment (Monday, April 2, 2012)> our development team used the Jobs-to-be-done marketing lens in reverse order to...
kmcgourty2
Apr 9, 20123 min read
Putting Theory Into Practice – An Example of Creating a Business Hypothesis – Part 1
A lot of development teams I work with start out with an interesting technology idea but get stuck on how to transform the technology...
kmcgourty2
Apr 2, 20124 min read
Great we have a hypothesis, now what?
Let’s assume your innovation and NPD team has gone through the process of creating a hypothesis or set of hypotheses in the form...
kmcgourty2
Mar 29, 20124 min read
Great we have a hypothesis, now what?
Let’s assume your innovation and NPD team has gone through the process of creating a hypothesis or set of hypotheses in the form of...
kmcgourty2
Mar 26, 20124 min read
A great idea or a solution looking for a problem?
In the ideal world (a.k.a. the theoretical world) we would start our innovation process off by starting with a clear definition of the...
kmcgourty2
Mar 19, 20123 min read
A great idea or a solution looking for a problem?
In the ideal world (a.k.a. the theoretical world) we would start our innovation process off by starting with a clear definition of the...
kmcgourty2
Mar 19, 20123 min read
People don’t buy quarter inch drills, they buy quarter inch holes
In his classic article on marketing, Marketing Myopia (1960) Theodore Levitt pointed out that when customers buy quarter inch drills what...
kmcgourty2
Mar 12, 20123 min read


Transforming ideas into winning new product concepts
The challenge for all new products facing early market adoption is to clearly create a new value proposition by solving a...
kmcgourty2
Mar 5, 20123 min read
A Solution Looking for a Problem Conundrum
How many times have you heard of, or perhaps even been involved with developing a product that seems to potentially provide a good...
kmcgourty2
Feb 27, 20123 min read


Why not just ask customers what they want?
How is it possible that a company can go through a whole development and launch cycle to only discover the market didn’t need or want the...
kmcgourty2
Feb 20, 20123 min read
Why do new products fail?
One would think that with an abundance of literature on innovation and new product development, the success rate for new product launches...
kmcgourty2
Feb 13, 20125 min read
Looking Forward to TechAmerica’s 2011 Strategy, Innovation & Development Roundtable Compe
2010 is now coming to a close – it seemed to zoom by albeit not without its share of angst for many of us. Whether we like it or not,...
kmcgourty2
Dec 29, 20103 min read
Making the Case Part 4: Building the Business Case
The “job” of the business case is to create a compelling argument backed by evidence to make an informed judgment as to the validity and...
kmcgourty2
May 20, 20103 min read
Making the Case Part 3: Elements of a good business case
In my last post – “Making the Case Part 2” I established that a “business case is made through the preparation and presentation of a...
kmcgourty2
May 17, 20102 min read
Making the Case Part 2: What is a Business Case and How Is It Different from a Business Plan?
I often hear the terms business case and business plan used interchangeably in conversations. As I was starting my career in the field of...
kmcgourty2
Apr 28, 20103 min read
Making the Case: Choosing the Right Products Opportunity to Develop & Launch
Perhaps second only to setting the strategic business direction, choosing the “right” product opportunity to develop and launch is the...
kmcgourty2
Apr 16, 20103 min read
What is the Difference Between Goals and Objectives?
An essential if not the most critical element of integrated new product development (iNPD) is setting a clear direction as to where to...
kmcgourty2
Dec 3, 20092 min read
The Free Economy Part 2: Freemium Rules!
Boy I don’t know about you but I am tickled pink with a business model called “Freemium,” where businesses provide a free version of a...
kmcgourty2
Oct 16, 20093 min read
The Free Economy: Ever Wonder How to Make Money by Giving Valuable Things Away?
I often scratch my head wondering how companies can continue to give away all their core products for free and expect to build their top...
kmcgourty2
Oct 2, 20093 min read
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