GUEST POST from Mike Shipulski
Anonymous: What do you think we should do next?
Me: It depends. How did you get here?
Anonymous: Well, we’ve had great success improving on what we did last time.
Me: Well, then you’ll likely do that again.
Anonymous: Do you think we’ll be successful this time?
Me: It depends. If the performance/goodness has been flat over your last offerings, then no. When performance has been constant over the last several offerings it means your technology is mature and it’s time for a new one. Has performance been flat over the years?
Anon: Yes, but we’ve been successful with our tried-and-true recipe and the idea of creating a new technology is risky.
Me: All things have a half-life, including successful business models and long-in-the-tooth technologies, and your success has blinded you to the fact that yours are on life support. Developing a new technology isn’t risky. What’s risk is grasping tightly to a business model that’s out of gas.
Anon: That’s harsh.
Me: I prefer “truthful.”
Anon: So, we should start from scratch and create something altogether new?
Me: Heavens no. That would be a disaster. Figure out which elements are blocking new functionality and reinvent those. Hint: look for the system elements that haven’t changed in a dog’s age and that are shared by all your competitors.
Anon: So, I only have to reinvent several elements?
Me: Yes, but probably fewer than several. Probably just one.
Anon: What if we don’t do that?
Me: Over the next five years, you’ll be successful. And then in year six, the wheels will fall off.
Anon: Are you sure?
Me: No, they could fall off sooner.
Anon: How do you know it will go down like that?
Me: I’ve studied systems and technologies for more than three decades and I’ve made a lot of mistakes. Have you heard of The Voice of Technology?
Anon: No.
Me: Well, take a bite of this – The Voice of Technology. Kevin Kelly has talked about this stuff at great length. Have you read him?
Anon: No.
Me: Here’s a beauty from Kevin – What Technology Wants. How about S-curves?
Anon: Nope.
Me: Here’s a little primer – Beyond Dead Reckoning. How about Technology Forecasting?
Anon: Hmm. I don’t think so.
Me: Here’s something from Victor Fey, my teacher. He worked with Altshuller, the creator of TRIZ – Guided Technology Evolution. I’ve used this method to predict several industry-changing technologies.
Anon: Yikes! There’s a lot here. I’m overwhelmed.
Me: That’s good! Overwhelmed is a sign you realize there’s a lot you don’t know. You could be ready to become a student of the game.
Anon: But where do I start?
Me: I’d start Wardley Maps for situation analysis and LEANSTACK to figure out if customers will pay for your new offering.
Anon: With those two I’m good to go?
Me: Hell no!
Anon: What do you mean?
Me: There’s a whole body of work to learn about. Then you’ve got to build the organization, create the right mindset, select the right projects, train on the right tools, and run the projects.
Anon: That sounds like a lot of work.
Me: Well, you can always do what you did last time. END.
Image credit: Unsplash
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