What drives innovation in your company or organization? Do you have a group of “thinkers” who come up with the new ideas? Do you watch the trends of competitors or others close to your market? Do you look outside your corporate world for clues to where you should go next?
In a recent MIT Sloan Executive Education innovation@work post the author Eric von Hippel asserts that company leaders focus too much on what’s next based on their internal product innovators, and they do not listen enough to the people using the products. On the topic of who are the real product innovators, von Hippel says:
It’s consumers not the product innovators who should be viewed as the new experts. A new school of innovation thinking says that product innovators who work for manufacturers have received far too much credit for product innovation, while product users have received far too little
The Product Management Perspective: The topic of product innovation goes to the roots of every product manager. Most forward-looking organizations rely on product managers to innovate their products, to assure their viability to the market, with the end goal of increased sales revenue. Visiting your customers—whether consumers at a tradeshow or large enterprise customers at their place of business—is key to the innovation and future success of your products. If you (or your boss) need motivation for looking to the outside for product innovation, I recommend the article three reasons to visit customers.