Hi, my friend- How do you grow as a business leader? Where do you generate your insight – have you plucked ideas from the sky or listened to colleagues sitting around a meeting table? Yes, these ideas can be valid, but are they intuitions truly coming from a customer-centric perspective? In short – are you listening to what your customers are telling you? A shift from brand-centric to customer-centric innovation can help you provide products and services that create value for your customers and keep your brand relevant. Plenty of examples of new tech have completely revolutionized and challenged traditional institutions. In some cases, technology has replaced products that have become obsolete, as customers favor ease of use and modernity over services or products that are outdated.
Technology, by itself, couldn’t affect these industries; it was the fact that businesses using new technology decided to use it in a customer-centric way. Failing to listen to your customers is the biggest threat to any business. Recognize Smaller start-ups might have more flexibility or the ability to easily pivot, but you can use the tools and experience at your disposal to make a change. Organize Input This is the same in innovation – even if things don’t rapidly change in your industry, they are in other areas. Customers see innovation in other areas and expect it from your business too. Listen Don’t get left behind by failing to notice trends and patterns in customer expectations. Innovate in a customer-centric way, and you’ll be moving in a direction that meets customers in the middle instead of watching from the sidelines. With gratitude- P.S. As always, tap the reply button and tell me in one sentence or brief statement how this email landed for you? |
Bryan Kramer is the author of Human-to-Human and Shareology -> books If this was forwarded to you, subscribe here! 🎉 |
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