Showing posts with label following. Show all posts
Showing posts with label following. Show all posts

Thursday, 23 February 2012

Ten reasons why good ideas get strangled at birth


1. Sounds too risky.
2. There’s little solid research support.
3. The “experts” in the field think it sounds a bit absurd.
4. The potential market seems too small.
5. The idea comes from R&D (and marketing says it’s not based on sound consumer insight).
6. It would be first to market.
7. It would be following a previous entrant that didn’t do so well.
8. It surfaced too early – not following corporate innovation process.
9. Top management demands breakthroughs, but draws short of funding them in practice (see reasons above).
10. Because it wasn’t my/our idea.

I’ve had each of these with my clients. Usually followed by a competitor taking the opportunity quite soon after.

Additions? Builds?