Once managers experience this Standard of Performance,
they never slide back.
Decisive Path leads organizations to be in business in the
right way by creating a system for engineering, marketing,
and business units to arrive at a consensus on the
opportunity at hand and what it takes to develop it based on
the best information available.
We achieve success by leading development and business
teams through a disciplined process of customer interaction
early in the development of new products and markets. We set
a clear, high standard of performance which results in
consensus identification of bull's-eye product feature sets
and a quick ramp up of revenues, OR early identification
of projects with little business promise. Once success
is experienced, leading managers adopt these standards and
techniques for their future efforts.
Here is our proven methodology:
- Assemble your product and business team -- not just
marketing or sales people, but also those responsible for
the design and business success of the project.
- Identify your product's likely (or existing)
functionality and features, likely customers, and likely
competitors.
- Meet with target market customers across market segments
in the right way.
- As a team, digest what is learned and take corrective
action.
- Refine your target market hypothesis.
- Keep doing this until you are learning nothing new (you
can size and scale the business) or you don't want to hear
anymore (shut down this project).
This is a straightforward, proven process that few
companies employ who do not have managers who have
experienced the power of this approach first-hand.
Engineering especially is quick to adopt this methodology.
They see that design and business decisions are made based
on empirical evidence from prospective customers rather than
marathon internal discussions about what everyone thinks
the customer will buy.
Typical ProjectsWe specialize in:
- Product & market development for new products and/or new
markets,
- Sales start-ups or restarts
Product & Market Introduction Program
Too often, products are designed with too little of the
right communication with prospective customers. There are a
number of reasons for this critical oversight, but the
primary one is that few have experienced the power of
getting the
design and business team out in the field in front of
the future users and procurers of the product.
Our program leads your team on a rigorous, disciplined
process that iterates around waves of customer meetings.
These meetings are sales meetings with some important
modifications and occur at any time, the earlier the better,
in the product development cycle.
It is not unusual that within a few weeks, your engineers
are championing design changes they previously argued
against. A major difference is their robust experience with
serious prospective customers and their participation in
consensus development of what needs to be done.
Within a 6-10 weeks, you have the business case nailed for
your new product, initial customers readying purchase
orders, and clear expectations for managers and field
personnel on who to call, what to ask, what to present, and
how to close.
Significantly, your engineering and business teams want to
do it again for the next product under development.
Engagements are customized based on your specific needs and
the specific phase of your product and market development.
Sales Start-Up Program
Ramping up sales or restarting sales for a new or existing
product is one of our focal areas. As with most of our
engagements, the primary efforts focus on preparing and
leading the right team into the field to present the product
to prospective customers in the target market.
This program is designed for products ready to ship or
otherwise past the stage of influencing version 1.0.
However, we still involve some members of the development
team to understand what the next version of the product
might need to be.
As with all engagements, Decisive Path maintains a keen
sensitivity to market segmentation, the prospecting script,
objections, and the problem your product solves.
The team approach and disciplined presentation creates fast
learning within your organization so that conclusions are
personal and first-hand for your key personnel. Once we find
the sweet spot of the market, the basis for sales training,
qualifying, prospecting, and revenue expectations are
evident and packaged for rapid scale-up of your sales force.
Decisive Path designs engagements based on your specific
needs, but all engagements typically center on developing
relationships with user teams and procurement teams within
your bull's-eye customer prospects. |