Practical Product Innovation - Sydney CTO Summit
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Transcript of Practical Product Innovation - Sydney CTO Summit
C T O C o n f e r e n c e
PRACTICAL PRODUCT INNOVATION
Mike Biggs & Ian Kelsall
@MetaMikeBiggs @ikelsall
WHAT IS A PRODUCT ?
WHAT IS INNOVATION ?
Product Business Model
PRODUCTS AS TOUCHPOINTS
STARTING POINTS
5
PROBLEM IDEA
Life’s too short to build something
no one wants. !
!
!
ASH MAURYARunning Lean
WHAT’S THE PROBLEM ?
We're a little bit of a hammer looking for a nail right now
!
!
!
CHRIS QUATROCHI
Whirlpool's global director of user experience and connectivity
Wanted to improve the way agents identify warm property buyers and expedite the buyer’s decision-making process.
PROBLEM: PRICE ESTIMATES
Price guide
SOLUTION IDEA: FREE REPORTS
Building reports
RESULT: The sales cycle is down from
several days, to less than 24 hours.
THE DIALECTIC
11
Divergent (Discovery & Design )
Convergent (Define & Deliver)
FAST FEEDBACK LOOPS
ENABLE A TEAM
13
Gather a Cross Functional Team
Ensure separate roles provide
meaningful tension
Collaborate & Co Locate
Encourage T-Shaped People
No Divas
PROVIDE SPACE
Allocate Time & Resources to nurture ideas
Create a culture of exploration & learning
Frame & Reframe the problem
Balance Qual & Quant
Feedback
Shelter From BAU
GENERATE LOTS OF IDEAS
15
6 Ups
S.C.A.M.P.E.R.
Design Charette
Hallucinogenic Drugs
Don’t judge early
Divergent Methods for Generating
Insights & Ideas
Don’t fall in love with ONE Idea
VALIDATE & PROTECT
16
Get up close to the customer
Use different MVP types
Test & Re-Test
Define objective criteria
Fail Fast
Don’t use BAU metrics
Don’t pivot too early
Convergent Methods for Evaluation & Delivery
Mike Biggs & Ian Kelsall
QUESTIONS?