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August 2022
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Syndication

With all due respect to Facebook and other so-called business change agents, the methods they use to innovate are really outmoded.

That’s the premise of Radhika Dutt, a teacher of entrepreneurship and innovation at Northeastern University. Dutt is a critic of the prevalent method used by most companies of rapidly launching a new product into the marketplace and then tweaking it time and again until they get it right.

In her forthcoming book, Radical Product Thinking: The New Mindset for Innovating Smarter, she maintains that shotgunning products out of R&D and then repeatedly tweaking them is akin to driving a fast car without having a roadmap or a destination.

As Radhika tells host and award-winning journalist Dean Rotbart, it’s the destination — i.e., which customers the product serves and why it will radically change their world — that needs to precede the development of innovative products.    

[Listeners to Monday Morning Radio can now purchase a copy of Dean Rotbart’s new book, September Twelfth: An American Comeback Story. Visit Gutenberg’s Store.]   

Photo: Radhika Dutt, Radical Product Thinking
Posted: August 23, 2021
Monday Morning Run Time: 39:42

Direct download: 082321_MMR.mp3
Category:Successful Entrepreneurs -- posted at: 8:20pm MDT