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books: Insight |
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Outside Innovation
Patricia B. Seybold
This new book by the author of Customers.com argues that, as illustrated by the LEGO Mindstorms example in a recent Innovation Briefing, the only way that some organisations can compete in the new consumer marketplace is to open up their businesses to passionate customers and users and include them as part of the innovation teams. Focusing on how to find lead users, how to engage them on co-design activities, enable them to challenge each others’ ideas and modify product concepts and how to provide appropriate toolkits, this is a practical book full of good examples. As well as LEGO which features strongly, other salient case studies include the BBC’s Backstage programme, Zopa’s peer to peer lending, Nike ID product customisation programme, GE’s ColorXpress services and Muji. In addition, the roles being played by a diverse collection of enablers of customer interaction such as Google, Wikipedia, Firefox and FlickR are all illustrated well. All in all a good addition to the growing co-design catalogue. |
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The Future of Technology
Tom Standage
Many of the best recent articles from The Economist’s Technology Quarterly and sector surveys have been collated together in this excellent book. As technology continues to be a major driver of business change and economic growth, this provides a good view of which direction we are heading in. It is split into three core sections with part one looking at information technology, how it is being developed, applied and made more secure and less complex. The second section looks at the specific field of consumer electronics – especially mobile phones, video games and the fast realising concept of the digital home. The final section then takes a broader of view of three areas of technology that have grown quickly to be the potential leaders of the next big technological revolution – namely biotechnology, energy technology and nanotechnology. For anyone seeking an informed view on these are other arenas of technological impact and change, this book provides an excellent, objective and insightful starting point. |
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The Outside-In Corporation
Barbara Bund
This new book by Barbara Bund of the MIT Sloan School of Management is based on the premise that too many organisations continue to look at the world from the inside-out where internal operations are more important that customers. By shifting to more ‘outside-in’ approaches, it is logically argued that companies can better understand and predict customer needs and thus align internal processes around customers. Using a wide range of examples the text examines why inside-out thinking is so prevalent, how the likes of Dell, eBay, FedEx and GE have changed and built customer-centric organisations and which specific approaches, tools and strategies have been found to be most successful. The theory and examples are largely relevant to any public or private sector organisation that is in need of a fresh approach to improving customer centred innovation - be it around consumers, other businesses, patients or citizens |
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What Customers Want
Anthony W. Ulwick
This is a good book that packs some punches. Author, Anthony Ulwick, challenges everything you have ever learned about customer driven innovation through an approach termed as ‘outcome-driven’ innovation. Single-mindedness should be a key trait of innovation and that is the best thing about the book. It is unashamedly focused on new product and service development (to ultimately give customers what they want) and does not pretend nor advocate that the system can be stretched to all other areas of strategic marketing. Specificity and common sense guide the reader through an eight-step approach to improve every aspect of the innovation process from segmenting markets and identifying opportunities to creating, evaluating and positioning breakthrough concepts. This is all helped using case studies including Microsoft, Johnson & Johnson and Bosch, and the generous sharing of some valuable methodological details that it has to be said, most would have kept to themselves. |
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Democratizing
Innovation
Eric von Hippel
Eric Von Hippel’s book latest is described as important
for innovation. And it is. Democratising Innovation tackles
conventional innovation thinking head-on through a close and
careful look at the rapidly spreading system of user-centred
innovation – a trend that has been creeping up on us all
and has rapidly become reality. As well as describing the nature
of innovation democracy through numerous illuminating examples
from surgical equipment to surfboards, von Hippel actually tells
us how to do it, not least advising on the best ways to find
the elusive lead users who will only ever make up about 2% of
our customer bases and then applying their learnings to innovation
strategy. Read this book. The subject really matters because
as it becomes more widely adopted it will significantly change
how business innovates. |
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Brands
and Gaming
David Nichols, Tom Farrand, Tom
Rowley, Matt Avery
Written by a ‘quadrat’ of branding, insight and
gaming experts, most notably Matt Avery, this book is the first
to address the global phenomena of computer gaming and it’s
potential as a marketing tool. Brands & Gaming offers a
highly insightful perspective into the world of computer gaming,
debunking myths and making sense of complexities along the way.
Particularly helpful is the smart use of market mapping, the
un-clichéd look into the future (of what is already a
futuristic area) and the practical advice as to how to successfully
marry gaming into strategic brand strategy; Chapter 8 should
not be missed in this respect. This is all done with a decent
narrative, thus becoming something of a good read – a
trick missed by many business publications. The only criticism
would be the lack of visual impact, given the highly sensorial
nature of subject matter. Lara would definitively have something
to say about that. |
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10
Lessons from the Future Wolfgang
Grulke, Gus Silber
Wolfgang Grulke, founder of FutureWorld and previously at IBM,
has used his varied consulting insights to bring together a
snappy book that looks at a number of potential possibilities
for the future that could impact different businesses. Topics
addressed range from IT based disruptive technologies, changes
in economic values and the explosion of fractal networks through
to the changing nature of governments and, most interestingly,
future business giants – Nordicsson, formed from merging
Nokia and Ericsson, NorCisc, formed from the merger of Nortel
and Cisco, MicroGenome – the monopolistic player of the
bio-age, and Energen, the single global oil company. The book
ends with the 10 key generic lessons that, the author argues,
have impact for many businesses, many of which are unfortunately
not new – ideas fuel the global economy, biotech is the
second information revolution, non-linear behaviour is the norm,
eat yourself and it’s a 24 x 7 x 52 world. So, all in
all, a few new twists repackaged for the post-internet age. |
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Business
2010 Ian
Pearson, Michael Lyons
Based on the work of Ian Pearson and Michael Lyons in the futurology
group at BT, this looks specifically at what is in store for
the business world. It examines the interaction between technological
and social issues in a down-to-earth way that highlights a range
of issues from the emerging technology waves, changing attitudes
to technology and some major social trends through to the specific
commercial implications for business – from the need to
become more flexible and adaptive, interacting with virtual
corporations and the impact of cyberspace. |
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The
Tomorrow People Martin
Raymond
Subtitled ‘future consumers and how to read them today’
this shares a wealth of cultural and society based insights
on how our attitudes and behaviours are changing – and
what they will mean for companies seeking to offer us new products
and services. It covers a wide range of topics from the use
of networks, ethnography, the challenges for existing brands,
key consumer trends and using scenarios to plan for potential
alternatives. In addition, a number of techniques to help you
read trends, identify real from perceived changes and interpret
the insights are explained with numerous examples. |
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Dictionary
of the Future Faith
Popcorn, Adam Hanft
Although published two years ago now, this is still a useful
compilation of some the key words and trends that we are now
experiencing and that are consequently coming into the language
mainstream. Covering a number of themes from biology, the internet,
health and telecommunications through to new jobs, food and
fashion you may well be familiar with some of the topics, but
not all: Holistic herding, identity theft, dashboard dining,
biofuels, successim, stealth, gap years and crusties may be
familiar, but what about buysexuals, extreme scientists, tele-immersion,
polyactide, mannies, skin and pharmacogentics? This is an interesting
and informative book to dip into. |
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The
Call of the Mall Paco
Underhill
The Call of the Mall
Paco Underhill has gained a well deserved reputation as one
of the world’s leading retail anthropologists. His first
book ‘Why we Buy – The Science of Shopping’
was a bestseller looking at the reasons behind our need to shop
and why we shop the way we do. His latest book ‘The Call
of the Mall’ looks in more depth at how we shop and, as
the title suggests, has a major focus on malls. This explores
the role that malls have taken in our lives, especially in the
US, and looks at not only the layout, type and impact of the
stores that anchor and populate the world’s malls, but
also looks at the role of food courts, entertainment and the
varied magnets for different ages and sexes that are incorporated
into today’s mall designs. It also raises questions on
how stores will deal with changing consumer tastes and behaviours
and how co-location is impacting different retail brands. |
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Complicated
Lives Michael
Willmott, William Nelson
Written by two of the team at the Future Foundation, this book
provides an overview of many of the issues that are making our
lives allegedly more complex. It proposes that although today’s
consumers are richer, safer, healthier and have more freedom
than any time before, many find it difficult to cope with complexities.
Touching such topics as how society itself is changing and the
impact of new technologies, it also looks at the gender issues
in an increasingly more feminine population, changing family
structures, parenting and the demands placed on our time. Peppered
with data and insights from the company’s projects with
a variety of clients, this contains a number of interest insights
that may be useful in understanding how to position new products
and services. |
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The
Soul of the New Consumer David
Lewis, Darren Bridger
First published in 2000 but recently updated, this explores
what we buy and why. Sharing some commonalities with Paco Underhill’s
areas of focus, this looks at areas such as the quest for more
time, stressful shopping, real and pseudo loyalty and trust,
the changing role, structure and format of TV commercials and
the use of advances in data mining to better segment customers
and understand niche behaviours. In addition, it includes two
chapters that look more at using consumers in innovation. One
addresses options for increasing engagement and involvement
of consumers in new product development activities and the other
looks more into understanding the ‘soul’ of the
consumer and using this to build a clearer picture to inform
innovation. |
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Consumer
Centric Product Definition Sheila
Mello
This draws on a mix of academic perspectives and industry examples
from to create a framework for market-driven product definition.
The techniques included highlight some options for determining
different customers’ needs, understanding the value relationship,
defining which are the key ‘must have’ requirements
and which are the ‘like to have’ ones and playing
the inevitable trade off between value, price and delivery.
Examples include Cisco, Abbot Labs, Compaq and Lockheed. |
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A
New Brand World Scott
Bedbury
Going against the grain of Naomi Klein’s No Logo, this
is an interesting book that profiles the marketing strategies
behind the success of Nike and Starbucks that can be applied
to any growth business. From the ‘Just Do It’ campaign
to the reinvention of a 900 year old product to change some
of our drinking, working and even socialising habits, issues
such as how to make products relevant, how to grow a brand intelligently
and how to present a brand in a number of different environments
are all highlighted in a wry accessible style. |
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After
Image John Grant
Have you ever wondered what will be next after the glitz and
hype of advertising and branding? This will give you some of
the answers as you are taken on a marketing and branding journey,
moving from fantasy images to mind-altering marketing. Insightful
with genuinely new thinking especially in the area of marketing
communications, it uses a model which draws on the latest research
in fields such as neuroscience to show how mental propositions
and sensory maps can be used to change perceptions. |
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Build
Your Own Garage Bernd
Schmitt and Laura Brown
Built around the fabled garage concept associated with the birth
of HP and rekindled as part of the ‘invent’ initiative
to reignite innovation in the firm, this book takes the principle
through to technology and brand management. It looks at the
inter-relationship between what is termed as ‘the bizz,
the buzz and the stuff’ of building creative capability
in the organisation, and supports the idea that innovation in
such service arenas has most tangible benefit when the desire
and delivery are linked to a clearly understood distinctive
positioning in the mind of the customer. |
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How
Customers Think Gerald
Zaltman
This provides some in-depth views into how and why we behave
the way we do when encountering new ideas, products and services.
Bringing together business theory, cognitive science and human
nature, it argues that 95% of thinking happens in our unconscious
- and not the 5% open to the conventional information, influence
and insight gained from traditional tools like questionnaires
and focus groups. Examples include Avis, Coca-Cola, GM and IBM. |
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Priceless
Diana LaSalle and
Terry Britton
Seeking to explain how you can take the steps into fulfilling
the advertising hype and making something priceless by 'turning
ordinary products into extraordinary experiences', this provides
some useful perspectives. It argues that too many organisations
still remain in a 'features and benefit' mentality - focused
on what a product or service does rather than what it offers
and how it affects customer's lives. Examples include Apple,
BP and Pepsi. |
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Welcome
to the Creative Age Mark
Earls
Many of us have felt that marketing is in transition. This eloquently
articulates these feelings and takes them beyond - provocatively
proposing that marketing is now essentially out of date, an
interesting museum piece at best, and that it is time to start
a new kind of description. The whole narrative of the Age of
Marketing is over and it is time for us to begin that of the
Age of Creativity. Overall, a compelling, refreshing, learning
experience for all – be you at the heart of marketing
or on the cynical fringes. |
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Scoring
Points
Clive Humby, Terry
Hunt and Tim Philips
This is the story of how Tesco has emerged as one of the world’s
most successful internet providers and one of Europe’s
fastest growing financial services companies. This is the dramatic
tale of how the Tesco Clubcard – the world’s most
successful retail loyalty scheme - was conceived, launched and
developed and shows how the company made customer loyalty marketing
work – generating more than £100m incremental sales,
captivating 10m members and paying out more than £1bn
to customers. |
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