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12 Lessons All Leaders Can Learn About Launching New Products and Services …From the 2009 Health Care Reform

Watching the current 2009 Health Care Reform Initiative has valuable lessons for all leaders throughout the world if we take time to pay attention. I think it was Einstein who said “the definition of insanity is doing the same thing over and over again and expecting different results”. The current 2009 Health Care Reform Initiative has strong emotional attachments regardless of which side of the debate you reside.

It is often the life lessons with emotional attachments we remember most.

The goal of my last series of blog posts was to share business lessons leaders can learn from watching and living the 2009 Health Care Reform Initiative. I tried to focus on the business principles and not take a partisan view. If you have read any of my posts you will not be surprised to learn I am a Christian, American, and Republican….in that order. I am proud to be an American and I admit we can always improve as a nation, however having traveled the world I can say first hand how blessed I feel to live in the United States.

As for our President, I follow what our Lord taught us in the Bible and I pray for him. I pray the Lord gives him and all our leaders wisdom, discernment, and the courage to act upon what the Lord instructs him to do.( and not those of this world) I have received a number of emails since launching this blog thread. A number of those felt I was “bashing” our President, and if my word choice made you feel that way I apologize.

As a man, I have no problem with President Obama and if asked I would welcome the opportunity to be a part of the solution.

As our leader I must follow him, support him. If he loses, I lose…we all lose.

What I challenge is the process of this initiative.

My intension was to ;

“focus on the problem and not the person”

There are a number of lessons we can glean from watching life lessons before us.

I am sure there are many more lessons if thought leaders wish to add content:

  • the impact of social media on the 2009 Health Care reform Initiative

  • Lessons in leadership when a launch goes bad

  • The cost(s) of change

  • The psychology of change

  • When tempers flair seek first to understand and find common ground

  • …and I am sure there are many more

 

 

12 Lessons All Leaders Can Learn About Launching New Products and Services …From the 2009 Health Care Reform?

 

#1: Without a Clear Definition of the Problem You Want to Solve, You Will Experience “Scope Creep” and Your Launch Plan Will Fail

 

#2: Without a Clear Definition of the Problem You Want to Solve, you cannot write good requirements for your development team

 

#3: Without a Clear Understanding of the Problems to be Solved, and Requirements, Development will Build Solutions Because They Can and Not Because They Should!

 

#4: Your Previous New Product Launch success (or Failures) Affect Current and Future Launches

 

#5: Without a Clear understanding of the Problems your New Product Solves, Marketing will resort to “Buzz Word Bingo” and “Gobbledygook”

 

#6: Without a Road Map Your “Administration” Will Attempt Too Much, Too Fast and Not Achieve Any of Your Goals

 

#7: Asking…and not listening to your market, is worst than not asking at all…

 

#8; Buyers Become Tone Deaf to Lazy Marketing Messaging

 

#9; Make Sure Your Marketing Has All the “Rights” Covered…Fix the Right Problem

 

#10, #11, #12; Make Sure Your Marketing Has All the “Rights” Covered…right time, right customer, right offer

 

What other lessons have you learned, or are learning as we watch the 2009 Health Care Reform Imitative?

Is your organization making some of the same mistakes? Why?

Are you about to Launch a New Product or Service and you adjusted your plan based on the above 10 posts? If so which posts and how?

How can we unite as Americans and stop Blame Storming?

Do you feel I was wrong to use this real life emotionally charged lesson to blog about? Why, Why not?

Technorati Tags: 2009 Health Care Reform Lessons,Prodct Launch,Marketing,Market problems,strategy,blame storm,market leader,market loser,buyers,buyer problems

2009 Health Care Reform Initiative Lesson #5: Without a Clear understanding of the Problems your New Product Solves, Marketing will resort to “Buzz Word Bingo” and “Gobbledygook”

Just as marketing often throws products “over the wall” to sales, development often throws products over the wall to marketing. When marketing lacks a clear understanding of the problems your product solves, the buyers they solve them for, and a clear understanding of the criteria and process those buyers use when making buying decisions marketing resorts to “Buzz Word Bingo” in hopes that something they say sticks.

Marketing’s job is to create a story that spreads.

Or as Seth Godin states “Marketing tells a story that spreads”.

Without market knowledge and a clear understanding of the problem(s) your new product or service solves the marketing message becomes one of “Gobbledygook”.

As David Meerman Scott explains on his Blog Web Ink Now, That’s how so many PR people write — using gobbledygook-laden phrases that are so overused to have become meaningless.

 

When marketing creates buzz words and Gobbledygook it makes your market nervous as you have not clearly stated the problem(s) you solve for them, …so they assume.( and we know what happens when we are left to assume…)

One symptom your marketing story has gone astray is the need to have specific messages that address the myths in the market that have grown due to a lack of story clarity. Your marketing efforts will move away from developing a story that resonates with the market and they will produce defensive copy like: Top Five Health Care Reform Lies—and How to Fight Back.

All of the above are signs of a solution being thrown over the wall to marketing without a clear understanding of the problems your new solution solves and marketing is playing catch up. What should have been market research and testing of messages becomes surveys to validate the need. It gets really dangerous when development asks marketing to “create a need” for this new solution they just threw over the wall.

What should we all remember about creating stories that resonate in our markets so we do not have to be defensive? Cheryl Clausen helps us understand what it takes to write a good story in her blog: How to Put Life in Your Sales .

 

As you develop your short powerful story include these elements:
  • Curiosity – Incorporate unexpected things, open a loop with an incomplete thought you have to stick around to finish
  • Make it about the people who buy your stuff either explicitly or implicitly
  • Keep it logical – Stories have a plot.  Therefore, a person like the people who buy your stuff must have an urgent challenge or problem that is resolved as a result of the actions they took.

 

It does need to:
  • Speak to the right people
  • Share the right message
  • Tell your story the right way
  • Connect with people at the right time

  • Focus on the right reasons people want to act

     

If you find the market is struggling with the messages your marketing has created and its stories, what you are experiencing is your lack of market knowledge and the problems you solve is showing.

Chances are you are experiencing a Hasted effort to market without clearly understanding the unresolved market problems you were supposed to solve, your buyer personas, and an understanding of your buyer’s buying process.

You can keep trying to catch up and or defend yourself and your new product idea, or you can back up and spend time understanding the needs of your market.

You must stop telling and selling and start asking and listening.

In the process of doing so create buyer personas and speak to those personas in their voice. You must make your story specific to those most likely to buy.

When you use your understanding of your buyer personas and their voice you can create concise messages that are easy to understand and are emotional engaging.

How about your company….

Are you throwing products over the wall to marketing and they are using Buzz Word Bingo in hopes that something sticks?

Is your website full of Gobbledygook that fills a lot of white space but says nothing of value to your buyers?

Do you have to defend your solution and expose myths?

Technorati Tags: Buzz wrod bingo,Obama,Health care reform,marketing stroy,message,market

2009 Health Care Reform Initiative Lesson #4: Your Previous New Product Launch success (or Failures) Affect Current and Future Launches

At the Austin Pcamp last weekend I was speaking with a young product manager and he shared sales and marketing do not seem to be embracing his current new product launch. The first thing I asked him was;

Have you launched other products or solutions recently expecting to sell 60,000 (and that was the sales goal) and you only sold 6…”

His answer was “Yes, how did you know that?”

I explained the one thing about having grey hair is I earned each one,and I went on to explain

“… you have a trust and credibility issue within your team and probably market you must fix first.”

As a salesperson and someone who has lead sales teams it is hard not to become a bit skeptical when marketing and product management “throws another new product over the wall for my team to sell”.

 It is particularly difficult to get excited about a new product opportunity when marketing and product management have throw two previous solutions over the wall and my team was given a goal for 60,000 and we only sold 6.

So I explained to this ( now wide eyed) young product manager that once you break trust with your sales and marketing team, once you no longer have credibility among your team members you have a much bigger problem you need to solve first. (And you need to solve it quickly)

I asked him a number of questions and the one that seemed to make him most uncomfortable was;

When the last product launch failed and sales was out in the market banging their heads against the wall trying to sell it (so they get paid) and you were at corporate…did you attend any meetings with your leadership team and when asked why the product is not selling…did you throw sales under the bus?”

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