But the first step is to recognize that you need both idea-push and market-pull in your company. The classic business school market-pull dogma shouldnât be mindlessly worshipped. Yet, at the same time, there certainly is a place for market input, as ignoring customer input can lead to missed opportunities or disaster. Think of original breakthroughs as coming primarily (although not exclusively) from idea-push, and subsequent incremental innovations coming from customer input. The total amount of innovation is higher by using both approaches, rather than relying exclusively on one.
Reject the extremists. Reject those who say, âAlways go ask the market what it wants first.â Remember, just because customers havenât been asking for the innovation doesnât necessarily mean that they wonât be thrilled when itâs offered to them. Also reject extremists at the other end of the spectrum who say, âWeâre so good we never need to pay attention to the market; we always know whatâs best.â Be receptive to ideas from everywhere, no matter what their origin.
There is an additional answer to the paradox: what appears to be purely idea-push is often just the opposite. Even though the inventor hasnât done a general market analysis, he is often as close to the customer as he can get: he is the customer!