Polaroid, Blockbuster, and Kodak have a few things in common: They are all bankrupt. They were all early innovators. They did not change with time and tune their business model. Companies and management get lazy and don’t see the future because they have a cash cow present. They don’t want to innovate or disrupt it. …
Category Archives: Product
Crossing the Chasm
After 3 years of the purchase, I finally finished reading Crossing the Chasm. It was one of my favorite reads in 2019. The book talks about types of customers, the journey of product development and crossing the chasm. The author identifies customers in 5 different types, from my understanding I have shortened it to just …
Incentive
Product development should focus more on the incentives for their stakeholders. Don’t create a feature-rich product but take end-users requirements to its core. Most products have more than one personas, understanding it and working towards eliminating the pain would be a good start. People don’t buy a product because it’s sexy, but because they have …