Our Thinking
We have a strong point of view
on how to find market opportunities
and capitalize on them.
Contributing Writer to The Business Journals
Rethinking Innovation Event
August 4, 2017This event at GBQ, 9/21, is SOLD OUT. However, Urko is speaking at Ohio State University’s Center for Innovation and Entrepreneurship on 9/19. Click here for more info and to register. Email Urko if you want to notified about upcoming events: [email protected]. Learn how market leaders: Dramatically increase new product success rates (2-3X) Create new ...
Fulfilling the Promise of Smart Columbus
July 6, 2017Fulfilling the Promise of Smart Columbus I am proud to report that my adopted hometown of Columbus, Ohio, is on a roll. About a year ago, Columbus beat 77 cities to win $40 million in the U.S. Department of Transportation’s Smart City Challenge. Other finalists included Austin, Dallas, Kansas City, Pittsburgh, Portland and San Francisco. ...
Who Distinguishes Objectives From Solutions?
June 1, 2017Who Distinguishes Objectives From Solutions? In his book, Lead With a Story, Paul Smith tells about Jayson Zoller’s experience as a student at the University of Central Florida 20 years ago. One of Jayson’s favorite professors often arranged research projects for the class with community leaders. In one such case, the professor described an unusual ...
How On-Demand Insurance Will Shake Up the Industry
May 8, 2017How On-Demand Insurance Will Shake Up the Industry On April 6th, 2017, The Wall Street Journal reported that a fintech startup called Trov (“fintech” refers to any technology innovation in the financial services industry) had raised $45 million to bring on-demand services to the property and casualty insurance market. Trov is an interesting case of ...
Why Big Data Underperforms at Innovation – Part 2
April 4, 2017Why Big Data Underperforms at Innovation – Part 2 There’s a simple way for leaders to obtain the customer information they need for innovation, but it’s not big data. In my last article, I argued that big data underperforms at innovation because it does not reveal causality, i.e., why people buy. Even “predictive” analytics does ...
Pivoting Innovation: How the ‘Jobs-to-Be-Done’ Approach Dramatically Improves Innovation Results (invitation only) April 27, 2017
March 30, 2017Participants will learn how the Jobs-to-Be-Done approach: Transforms innovation into a predictable business process Enables the continual creation of new offerings customers want Enables the delivery of experiences customers love Enables the establishment of a valued and unique position in the market Increases the effectiveness of additional value creation activities, e.g., messaging and positioning, sales, etc. Over 400 of the ...
Why Big Data Underperforms at Innovation – Part 1
March 3, 2017Why Big Data Underperforms at Innovation – Part 1 The American Market Association recently estimated that companies will spend approximately $92 billion on big data by 2026. But is big data delivering the return on investment in innovation that leaders want? Forrester reports that only “29 percent of firms are successful at connecting analytics to ...
Innovate Like a Pro: The Workshop; March 22, 2017 9:30 a.m.
March 1, 2017Many entrepreneurs and business leaders struggle with how to differentiate their offerings, innovate, and grow their businesses. Study after study shows that the key to effective innovation and growth is having a clear understanding of customers’ important unsatisfied needs. The “Jobs to be Done” (JTBD) approach to innovation offers us a way to find and address ...
A Better Way to Formulate ‘Blue Ocean’ Strategy
January 30, 2017A Better Way to Formulate ‘Blue Ocean’ Strategy Many readers may be familiar with the 2005 global best-selling book “Blue Ocean Strategy” by professors Renee Mauborgne and W. Chan Kim. In the book, they introduced the concepts of red and blue ocean markets, which are still helpful today for leaders operating in competitive markets. Yet, ...
There’s a Better Way to “Refresh Your Brand”
January 3, 2017There’s a Better Way to “Refresh Your Brand” We know from study after study that the key to successful growth is having a clear understanding of customers’ unmet needs. It’s very hard to innovate, differentiate, and grow if you don’t know where your target customers’ needs remain unmet by your own offerings and your competitors’ ...