Showing posts with label startup. Show all posts
Showing posts with label startup. Show all posts

Sunday, August 7, 2016

Four Anti-Patterns impacting Customer Value


Value is in the eye of the beholder.  Smart people will say that the beholder is the customer. While in most companies there will be a similar saying to the “customer is king”, some have lost their way and have somehow forgotten the importance of customer and their feedback.  The result is organizational anti-patterns that impede successfully getting to customer value. There are a number of anti-patterns on why this occurs and below are four: 
  • Known as Pretend Certainty anti-pattern, this is believing that you can pretend to know with certainty what the customer wants upfront.  The danger: the consequence of limiting options and being blind to customer feedback to shape product direction.  
  • Known as No Room at the Innovation Inn anti-pattern, this is focusing primarily on driving efficiencies through cost cutting and high resource utilization.  The danger: the unintended consequence of a lesser focus on the customer with little room to innovate and adapt. 
  • Known as Sub-Optimizing for Comfort anti-pattern, this is sub-optimizing for the comfort of having a well-established plan and set of well-defined processes.  The danger: the consequence of restricting change at the expense of adapting to customer needs.  
  • Known as The Few and the Missing anti-pattern, this is engaging few to represent the whole.  The danger: the consequence of understanding customer pool, ignoring potential customers, and missing customer feedback to shape product direction. 

When you are a start up, you realize the importance of being customer value driven because if customers don’t buy the product, then your start-up goes under. Because of this and their small size, most start-ups will stay very close to the customer or potential customer.  When companies become larger, there is a greater chance these anti-patterns appear.  More process and more controls are often put into place and unfortunately this leads to restricting change.  A company may sub-optimize for their own processes and plans that distances them from their customers.  

The question is, do you see any of these anti-patterns within your organization that impact your ability to achieve customer value?  Avoid the poor “aim of the anti-pattern’.  Instead, engage with your customers and use their feedback to help you hit the customer value target!

For more information on the topic of Customer Value, consider reading the following articles:



Friday, October 23, 2015

Startupbucks (aka Starbucks) the OaaS Innovation Incubator

As I was momentarily pausing from working on a presentation, I leaned back and noticed that there was quite a bit of “business” occurring in my local Starbucks.  There were a lot of enthusiastic conversations with a collection of open laptops, notebooks, tablets, and more being used to share, illustrate, and note ideas.  This wasn't the first time I’d seen this same level of engagement in a Starbucks. 

Then something occurred to me.  I was witnessing an incubator of business, non-profit, and personal ideas being generated and matured.  Of course some people are there for just a coffee and a chair to relax.  Others are there for a quick pick-me-up for the day or remainder of the day.  Alternatively, it was clear that Starbucks was this place where business was happening, where new ideas were being generated, where collaboration was happening, and where progress was being made.  It was an incubator of innovation! 
That’s where it occurred to me, Starbucks was part coffee shop and part office-as-a-service (OaaS) incubator.  I therefore have redubbed Starbucks to Startupbucks!  The first part of the name (Startup) is a place where new ideas come to life and blossom surrounded by the aroma of coffee beans.  The second part of the name (bucks) is coincidentally where hopes for financial reward is part of the innovation dream.   I wonder how much business has been conducted in Startupbucks and much money this translates into?   Next time you are in Starbucks, take a look around.  Are you seeing the same thing that I am?  Finally, thank you Starbucks and the many coffee shops like you for providing us this OaaS that makes a great incubator of ideas and haven for progress!