The Tyranny of Benchmarking

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The Tyranny of Benchmarking Mike Harding http://re.vu/mikeharding twitter: @mah1 © 2011 Mike Harding All Rights Reserved

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The Tyranny of Benchmarking by Mike Harding at SVPMA Monthly Event December 2011 Go to link below for notes from this event http://svpma.org/2011/12/december-2011-event/

Transcript of The Tyranny of Benchmarking

Page 1: The Tyranny of Benchmarking

The Tyranny of Benchmarking

Mike Harding

http://re.vu/mikeharding

twitter: @mah1

© 2011 Mike Harding – All Rights Reserved

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why do products fail?

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market dynamics

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market dynamics

competition

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market dynamics

competition

technology

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market dynamics

competition

technology

positioning

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tools

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tools process

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tools process

assumptions

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tools

assumptions

process

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Market Requirements

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Market Requirements

Product Definition

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Market Requirements

Product Definition

Product Development

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Market Requirements

Product Definition

Product Development

Ship it!

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assumptions

process tools

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leaders

laggards visionaries

challengers

vision

execution

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Name hidden

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Benchmarking is the process of

comparing one's business

processes and performance

metrics to industry bests.

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process tools

assumptions

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target market

customer input

competition

differentiation

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target market

customer input

competition

differentiation

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target market

customer input

competition

differentiation

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target market

customer input

competition

differentiation

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target market

customer input

competition

differentiation

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tools process

assumptions

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assumptions

process tools

FAIL!

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not

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one

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instance

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zero.

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zero. nada.

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zero. nada. zilch.

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why doesn’t it work?

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Market Requirements

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Market Requirements

Name hidden

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Market Requirements

Name hidden

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Market Requirements

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Customer Research

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Customer Research

customers lie

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Customer Research

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Benchmarking

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Benchmarking

vision

exe

cu

tio

n

leaders

laggards visionaries

challengers

A

B

C

E

D

F

U

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Benchmarking

vision

exe

cu

tio

n

leaders

laggards visionaries

challengers

A

B

C

E

D

F

U

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Benchmarking

vision

exe

cu

tio

n

leaders

laggards visionaries

challengers

A

C

E

D

F

U

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Benchmarking

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Benchmarking

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Assumptions

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target market

customer input

competition

differentiation

X

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target market

customer input

competition

differentiation

X

X

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target market

customer input

competition

differentiation

X

X

X

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target market

customer input

competition

differentiation

X

X

X

X

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assumptions

process tools

FAIL!

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what does better look like?

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A change in perspective is

worth 80 IQ points.

- Alan Kay

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Best Imaginable

Product

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Best Imaginable

Product

Design as a

Product

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Best Imaginable

Product

Self as a

Customer

Design as a

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

What is the best imaginable

experience possible?

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

what are you trying to accomplish?

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Best Imaginable

Product

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Best Imaginable

Product

is it best imaginable?

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

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Best Imaginable

Product

what are you trying to accomplish?

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Best Imaginable

Product

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Design as a

Product

when is the last time you heard this

about a hotel?

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Design as a

Product

I love you, I love you,

I love you!

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Design as a

Product

I never met an Ace Hotel that

I didn't like and so far I've

met 3 out of 4 of them.

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Design as a

Product

My room came with a guitar

which made me excited -

"Look, I could play a guitar!”

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Design as a

Product

loved the vintage feel but

VERY clean and everything

done RIGHT.

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Design as a

Product

This place is not just for hipsters

darlings. We are 25 years too old

for such a label and loved every

little thing about our stay here!

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Design as a

Product

LOVE LOVE LOVE The Ace

in NYC.

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Design as a

Product

For under $100/night, you

can get a great room in the

heart of the Pearl District.

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Design as a

Product

Ace Hotel Portland is very

Portland. And by "Portland" I

mean weird. In a good way.

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Design as a

Product

It doesn't get better

than the Ace!

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Design as a

Product

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

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Self as a

Customer

HR Professionals:

Yuck, breaks my tools!

(but I’d contact anyway)

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Self as a

Customer

HR Professionals:

Yuck, breaks my tools!

(but I’d contact anyway)

Candidates:

When can I create my re.vu?

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Self as a

Customer

HR Professionals:

Yuck, breaks my tools!

(but I’d contact anyway)

Candidates:

When can I create my re.vu?

Hiring Managers:

Wish more candidates would

use this sort of resume.

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Self as a

Customer

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Self as a

Customer

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re.vu user growth 2011

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which do you prefer?

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let’s see some more examples

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example 1

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example 2

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example 3

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example 4

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example 5

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example 6

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escape

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perspective escape

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experiment

perspective escape

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experiment

perspective escape

SUCCEE

D!

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aspire to design GREAT products

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Thank You!

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The Tyranny of Benchmarking

http://re.vu/MikeHarding

follow: @mah1

© 2011 Mike Harding – All Rights Reserved