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Levelling Up

Levelling Up

In this half day masterclass, delivered for Craft NI, I explore the role innovation can play in business development. Across four connected sessions I outline: the importance of caring for your core customer base (‘The 20%’); why product stories matter; how travelling to the future transforms product development; and, lastly, how we can use ‘Product DNA’ as a tool to position new products and services.

Christopher Murphy

January 15, 2015
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Transcript

  1. @fehler What I’ll be covering… 1. 2. 3. 4. 5.

    A Little Context 80 : 20 Add Value by Telling Better Stories Amplification 1 + 1 + 1 = 4 (Product DNA)
  2. @fehler All have involved… • Focusing on the 20% •

    Storytelling • Amplifying Goals • Product DNA
  3. @fehler If you want to buy me something special, you

    always phone Kathie. Hint, hint!” —Cara “
  4. @fehler The Pareto Principle – also known as the 80–20

    rule, or the law of the vital few – states that, for many events, approximately 80% of the effects come from 20% of the causes.” —Vilfredo Pareto “
  5. @fehler It’s not, “Having an espresso…” • A Discovery Engine

    • A Tool to Develop Opportunities • A Client Warmer
  6. @fehler If someone is going to spend £5,000 on a

    piece of my work, I’m more than happy to clean it. It’s part of looking after the customer. It’s aftercare.” —Cara “
  7. @fehler Tea Break Task • Who inspires you? • Who

    are the thought leaders in your niche? • Who do you aspire to be like? • Pick three, please.
  8. @fehler Product (and service) development is the process by which

    a company does one of two things… Two Approaches
  9. @fehler Creates an entirely new product that either: adds to

    an existing product line; or occupies an entirely new niche. 1.
  10. @fehler Two Uses 1. 2. Future Goal Planning * Product-Specific

    Amplification † * The Standardistas † Break
  11. @fehler A Pathway to Success You can’t reach ‘success’, the

    word itself is too vague, it isn’t a destination. You first need to define success.
  12. @fehler Creative Visualisation Project yourself a year into the future.

    Imagine what your future success feels like, what does it look like? We need detail.
  13. @fehler Over to You • Go With the Flow •

    Let Your Hair Down • Have Fun • 10 Minutes
  14. @fehler What we need… Artifacts from the future, including: packaging,

    web sites, newspaper advertisements, magazine articles, television news items.
  15. @fehler Over to You • Go With the Flow •

    Let Your Hair Down • Have Fun • 5 Minutes
  16. @fehler Provocations These artifacts act as ‘tangible evidence’ of future

    possibilities and can be used as discussion points and provocations.
  17. @fehler Invest everything in your 20%. Take care of them.

    Aftercare is important. Life is about karma, pay it forward, your good deeds always come back.” — Me “
  18. @fehler Your ideas need you to stop doing stuff that

    doesn’t matter. They need you to risk everything for them.” — David Hieatt, Hiut Denim “