A product innovation is successful if it maximizes positive overall stakeholder impact; it can only be effectively steered towards this goal through self-organization based on aligned interests and shared mental models.
Thus, all stakeholders have to understand and agree on the innovation’s strengths and weaknesses, i.e., the positive and negative contributions to stakeholder impact, and the dynamics resulting from their combination.
The Product Field helps analyze the specific profile of product innovations on three levels:
EVALUATION – Every fact about a product innovation can be individually judged as making a positive, neutral or negative contribution to stakeholder impact.
FORCE FIELD – From the individual assessments, a visualization can be generated that shows the forces that push, pull or hold back the product to and from introduction. This visualization reduces complexity to make clear which challenges are central to the success of a product innovation.
CHARACTER – The individual judgements can also be aggregated on the level of an element. This reveals the relative contribution of each element to the overall success of a product innovation. The contributions of all four elements describe the character of the innovation.
Knowing an innovation’s strengths and weaknesses is key to steering it effectively.