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The Balanced Scorecard and Product-Market Fit – can you balance the fit?

The balanced scorecard (BSC) is a strategic planning and management system that organizations use to: Communicate what they are trying to accomplish. Align the day-to-day work that everyone is doing with strategy. Prioritize projects, products, and services. I thought about the BSC and how it could be used with Product-Market Fit work.  Both methods can…

The creative thinking process, innovation, and a good business OS increased product-market fit chances

Some questions and thoughts you should consider. Product-market fit is also about the willingness to fail but I think it’s about having the protection of some guiding set of properties about the underserved needs of customers.   Creativity requires curiosity. Q:  Are your teams and organization curious not only about the product but about the customer?…

3 circles and Product-Market Fit by Stealth Dog Labs

Thanks to Simon Sinek and his three circles.  Why: Build healthy organizations that are viable to customers and employees alike. Technically, we help balance customer equality with customer delight. We have all seen businesses that make money but offer a crummy service.  Utilities of all sorts fall into this bucket often. The product is so-so…

Seven Habits of Highly Successful People and Product-Market Fit

If you’ve ever read the book 7 Habits of Highly Effective People, you might have found the section on urgent and important tasks to be helpful.   The book is great because it helps you eliminate Quadrant 4 – the time waster quadrant. These are things that you should just eliminate from your life – sometimes…

12 Things about Product-Market Fit

“the marketplace comes first because you can’t change that….” Don Valentine is right, if you have a good market, a lot of other things just roll downhill. That is the one major point about Product-Market fit that matters most. The market must be a good one.  Since his comments, what has changed for the better?…

The updated Product-Market Fit Pyramid

Dan Olson invented the product Market fit Pyramid. The only thing different from our version of the pyramid is underserved needs come first.  How can that be?  With technology-based computational linguistics software, you can see your customer’s underserved needs and quantify them. Its data-driven science meets the creative brain. Why do this? People don’t need…

What is the ultimate size of your total addressable market?

Your CRM is always a fraction of the entire population. That’s rather obvious. When you look at the size of your CRM relative to the population of discrete areas you will find a wide degree and large standard deviation.  It’s better explained by example.  I’ve seen one brand that had 10% market share within a…

Clayton is right, God does not average

When you think of your business as a single number… … you don’t see the details needed to drive growth. I used to do a lot of mapping like you see above. Based on what I know today, mapping is irrelevant. It’s almost impossible to show the detailed segmentation that exist almost everywhere. It’s true…

The surveillance economy vs creating a customer-centric economy

Understanding decisions; why people decide using predictive research can short cut what we measure and make the tasks of determining what works easier.  We can’t measure people’s thoughts, but we can find ways to create theories of decision making.  And this can be used to help people – not further a surveillance economy. Maybe we…

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