Are you looking for elements that should be considered in your artificial intelligence-driven product roadmap? This article will describe what specific components, which product managers need to consider while working on AI-powered products are. Table...
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Validating and Designing Value Proposition
Welcome to the third step of the eight steps framework designed to help you build a robust go-to-market strategy. Today, I am happy to introduce you to the Value Proposition Design and Test step. Why you probably should read this article and...
Learn how to prepare and conduct a market mapping process
Welcome to the second step of the eight steps framework. Today, I am happy to introduce you to market mapping and the competitive analysis preparation process which is a three steps exercise. Before we start let me quickly make sure we are on the...
Go To Market Strategy framework. Step 1 – capture trends into four puzzles.
Welcome to the first step in the eight steps framework designed to help you build a robust go-to-market strategy and launch new products effectively. A market trend review is an analysis of past and current market performance and dominant patterns of...
The product launch process – 8 steps which bring results
Apple, Microsoft, Sony, and thousands of small and mid-sized companies' managers understand that product launch must be done properly to get market share, corner competitors and bring growth. Customers are impatient, they expect new features,...
Retail innovation conducted by Amazon’s physical stores.
How the retail will never be the same again? Amazon's retail strategy extends well beyond Amazon.com into brick-and-mortar cashier-less and pop-up stores that purposely disrupt the retail model. What is Amazon doing? What is the company tactic? Should...
Open innovation for product growth acceleration.
Open Innovation has been widely embraced in organizations across the world. It has proven its effectiveness in the US and Europe, as well. Many cases of it being used efficiently by businesses like P&G, Lego, Samsung, GE, Tata Group, Marico,...
Conducting experiments for achieving product market fit
What is product-market fit, and why it is important? Product-market fit is a term used to describe the position at which there is broad market acceptance for a new service, product, or a redesigned version of them. It's not easy to explain the...
Innovation and product-market fit
Product market fit (PMF) is a popular concept in the startup world, but it gets the attention of larger companies too. While broadly applied in conversations around new high-growth, highly innovative companies, it seems to be more and more popular among...
Keys to product innovations that matter to customers.
Successful product innovations signify different things to different folks. Some people tend to think in terms of a product which is 'first of its kind,' first, unique. Naturally, few companies reach innovation at that point. And such revolutionary...
My approach to innovation as a business consultant
So my wife's friends have come for dinner. This sounds like the moment for a beautiful, relaxing evening, including sweet talks and beer. We sat at the table, and they turned to me and asked: "So what do you do Arek, we have heard you are a business...
Is IKEA doing anything in retail innovation space? If yes, what is the IKEA innovation strategy?
IKEA introduced retail innovation many years ago when the founder of the company opened the first shop in Älmhult, Sweden, in 1958. It took 5 years, and the small, retail firm debuted its innovative concept at a 33,300 sfm warehouse in Stockholm. ...