with Jaap Favier, Alice Bresciani, Cindy Commander
This is an excerpt
Executive Summary
Consumers are still left out of new product development — despite two facts: 1) An estimated 80% of new products still fail, and 2) digital technologies present an open door to learning what consumers want and need. Marketers must take the lead on integrating the customer into the new product development process on three critical dimensions: discovery, design, and deployment. To spearhead their internal process innovation, marketing leaders should get CEO buy-in to appoint a Consumer-Driven Innovation champion.
TABLE OF CONTENTS
Consumers Are Left Out Of Innovation
Make Consumers Feel At Home In Innovation
Marketing Must Drive Consumer-Driven Innovation
RECOMMENDATIONS
Assign A Consumer-Driven Innovation Champion
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