Who Do You Want Your Customers to Become?
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About this ebook
Who do you want your customers to become?
According to MIT innovation expert and thought leader Michael Schrage, if you aren’t asking this question, your strategic marketing and innovation efforts will fail.
In this latest HBR Single, Schrage provides a powerful new lens for getting more value out of innovation investment. He argues that asking customers to do something different doesn’t go far enough—serious marketers and innovators must ask them to become something different instead. Even more, you must invest in their capabilities and competencies to help them become better customers.
Schrage’s primary insight is that innovation is an investment in your client, not just a transaction with them. To truly innovate today, designing new products or features or services won’t get you there. Only by designing new customers—thinking of their future state, being the conduit to their evolution—will you transform your business.
Schrage explains how the above question (what he calls “The Ask”) will incite you and your team to imagine and design ideal customer outcomes as the way to drive your business’s future. The Single is organized around six key insights and includes practical exercises to help you apply the question to your current situation. Schrage also includes examples from well-known companies—Google, Facebook, Disney, Starbucks, Apple, IKEA, Dyson, Ryanair, and others—to illustrate just what is possible when you apply “The Ask.”
Marketing executives, brand managers, strategic innovators, and entrepreneurs alike should understand how successful innovation rebrands the client and not the product. A requisite question for its time, Who Do You Want Your Customers To Become will liberate you and your team from ‘innovation myopia’—and turn your innovation efforts on their head.
HBR Singles provide brief yet potent business ideas, in digital form, for today's thinking professional.
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Who Do You Want Your Customers to Become? - Michael Schrage
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Register now to receive book updates and a discount off of any future editions of Who Do You Want Your Customers to Become?—which may include your comments if you share them as described below! Registration is available through December 31, 2012 at www.hbr.org/books/schrage.
If you’d like to help me continue to shape the ideas in this book, here’s how to contribute your feedback, stories, and thoughts:
If you have links to a story or examples that should be included—or even just a comment about the content—please tweet them to @harvardbiz with the hashtag #theask.
If your thoughts are too long for Twitter, feel free to send a direct message to our team on Facebook (http://www.facebook.com/HBR).
I will actively be facilitating contributions and conversations here on my blog at http://blogs.hbr.org/schrage/.
Visit the book’s web site: http://hbr.org/product/who-do-you-want- your-customers-to-become/an/11245-PDF-ENG
Your comments are essential to evolving and improving this work; if you leave remarks by September 30, 2012, they may well be used in future editions of this HBR Single.
My thanks in advance,
Michael Schrage
Introduction: The Ask
This brief book explains how a simple question—who do you want your customers to become?—transforms strategic, marketing, and innovation insights. This question—what I’ll call The Ask
—successfully provokes managers and entrepreneurs into reimagining, redefining, and redesigning their customers’ future. Whether you’re in professional services, business-to-business, or consumer products, understanding what innovations ask customers to become fundamentally changes how to invest to create new value.
The Ask is central for any serious business strategist, marketer, or innovator because it acknowledges a fundamental truth: Customers change. Always.
Customers are constantly becoming something else. They adapt. They learn. They grow. They’re not finicky consumers passively expecting markets to please, satisfy, or delight them; they’re actually dynamic collaborators and authors of their own futures. They’re not stupid; they’re skeptical. They want to make sure they’re going in the right direction.
This book is about understanding, defining, and influencing where your customers are going and who they want to become when they get there. The Ask offers a lightweight but high-impact methodology for aligning strategic, marketing, brand, and innovation leaderships around customer transformation. That transformation comes from innovatively investing in who you want your customers to become.
The Problem The Ask
Solves
You know your customers want more value. You know your firm has talented people and innovation potential. But your market research, branding efforts, and strategic insights feel tired. You seem to have the same innovation conversations over and over again. You’re frustrated. So are your colleagues. You know you need a different perspective and new energy. You know you need radically better insights into who your customers want to become and how your innovations should get them there.
This book gets you to those insights fast. Using case examples and simple self-tests, it helps elicit who you want your customers to become and why. You will rethink how to align key brand, marketing, and innovation investments with your customer’s future. The result? Your strategic awareness will skyrocket. You’ll revitalize your brand positioning. Your customers and prospects alike will look at your marketing efforts with new eyes.
Whether you’re a marketing executive, brand manager, entrepreneur, or strategic innovator, you will never look at your innovation efforts—or your customers’ futures—the same way. You will understand how successful innovation goes beyond sales, marketing, and serving customers better; you will learn how innovation creates better customers.
The Road Map for This Book
This book starts with a detailed description of The Ask and explains why The Ask is one of the most powerful questions you can ask about your business, just as important as Theodore Levitt’s famous Marketing Myopia question, What business are we in?
One way to appreciate the power of The Ask for your business is to first apply it to yourself. The next section encourages internalizing
The Ask by looking at some of the innovations you’ve adopted recently and thinking about what they’ve asked you to become. How have they changed who you are? Do you like—or resent—what they’ve asked you to become?
The core of the book explores six key insights that follow from the question, Who do you want your customers to become?
and the practical implications for serious innovators, marketers, and strategists:
Innovation is an investment in human capital—in the capabilities and competencies of your customers. Your future depends on their future.
Innovation is about designing customers, not just new products, new services, and new user experiences.
Customer vision is as important as corporate vision. Your corporate vision and mission statement should respect and reflect your vision of your customer’s