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Customer-Driven Innovation

Author Jim Billington
Publisher Harvard Business Review
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Book Details
ISBN / ASINB00005RHZR
ISBN-13978B00005RHZ7
AvailabilityAvailable for download now
Sales Rank11,674,782
MarketplaceUnited States 🇺🇸

Description

70% of all product innovations are driven by market need, and more than half of the innovations made in many industries are the result of consumers guiding or adding value to a producer's new concept. This article points out the importance of observing customer behavior in addition to more formal customer inquiry to get a true idea of the customers' needs and desires. Also included are four pointers on the best way to integrate the customer into the innovation process.