Issue 29 - November/December 2009

MERRY CHRISTMAS AND A HAPPY NEW YEAR!

CONTENTS

Introduction

 

Insight in Practice

-        Curious? You Should Be! - learning from Leonardo da Vinci

-        Inspiration and Innovation - advantage from recession

-   Take A New Look At Insight: Think Like A ....... Fisherman

Developing Skills

-   7 Deadly Sins of Performance Management - Narcissism and Laziness

-        Going To Extremes - the art of making extreme numbers meaningful

-        Be of Good Cheer!

-   Tip of the Month - How fun changes behaviour

Training and Feedback

-   Courses

 

INTRODUCTION

Welcome to the latest edition of 5-Minute Insights, the e-mail newsletter from Steve Wills and Sally Webb at Customer Insight Solutions (CI Solutions). We hope that in the few short minutes that it takes to scan the key messages, you will find snippets that are both informative and stimulating. If you want to find out more, we have provided links to longer articles for some of the insights.

 

INSIGHT IN PRACTICE

CURIOUS? YOU SHOULD BE!

Michael J Gelb has written a fascinating book called, ‘How to think like Leonardo Da Vinci’. Leonardo’s brilliance covered many different disciplines: he was a painter, architect, sculptor, engineer, inventor and scientist. The book contains some very useful ideas that can be applied to the world of insight, including seven important principles for success, the first of which is curiosity.

Like Leonardo, insight professionals need to be curious. This involves:

  • Exploring new approaches: We need to be open-minded and always eager to learn something new or to find different ways of looking at a problem or a challenge.
  • Asking challenging questions of any brief: We need to challenge any assumptions, including business rules and definitions.
  • Being curious about customers: We need to question customers and find out what they really need and want.

Leonardo’s example should encourage us not to stifle our curiosity but to use this natural characteristic to the full. To find out more (if you’re curious!), please click here.
 

INSPIRATION AND INNOVATION

A recent article on the Finance Week website (www.financeweek.co.uk) featured an interview with innovation specialist, John Kao. John believes that businesses should be planting seeds during a recession, as this can result in a disproportionate pay-off. He suggests that difficult times can actually become a stimulus for innovation, as they encourage companies to explore and develop new approaches.

In terms of insight, some of the lessons we can learn from this include:

  1. Encourage innovation – as it can always make a difference. Learn to think about things differently; to explore new angles.
  2. Take advantage of new opportunities – for instance, potential openings if a competitor has to leave the marketplace. 
  3. Think of the consumer – by exploring how we could help people to get out of the rut they are in. Is there some way that we can help them to do something differently?

So, put on your thinking caps and start searching for those innovative ideas. For more suggestions, please click here.

 

TAKE A NEW LOOK AT INSIGHT: THINK LIKE A.......FISHERMAN

This series investigates how other professions can teach us some valuable lessons.

 

Casting bread upon the waters?

The value of insight lies in its use. It doesn’t matter how powerful your information is if no-one uses it. In one way, that’s a bit like fishing. You may have the tastiest worm on the end of your line, but if a fish doesn’t take it, it isn’t of much use.

A good fisherman will spend a lot of time in preparation and planning. He will think about issues such as:

Place: Where will the fish be? Insight interpretation: Where are my key (internal) customers and who are they?

Need: When will they be hungry? Insight interpretation: Timing is all-important. It’s no good delivering information after the decision has been made.

Attraction: What bait will make them feed? Insight interpretation: Insight needs to be both tasty and attractive: i.e. it has to be relevant and to grab people’s attention.

Realisation: How do you land your fish? Insight interpretation: Once your customer has ‘bitten’ how do you keep their attention?

To discover some useful suggestions for putting this into practice, please click here.

 

DEVELOPING SKILLS

THE 7 DEADLY SINS OF PERFORMANCE MEASUREMENT... NARCISSISM AND LAZINESS

Last month, we looked at Vanity, the first of the ‘deadly sins’ identified in Michael Hammer’s article: ‘The 7 Deadly Sins of Performance Measurement (and How to Avoid Them)’. This month, we look at Narcissism and Laziness.

Narcissism - This involves looking at things from your organisation’s point of view rather than the customer’s.

Laziness – This is similar to narcissism, in that it’s all about measuring what is easy, rather than what actually matters to customers.

Insight implications
An Insight team needs to ensure that its organisation’s metrics include measures that are relevant to the customer. You need to really listen to customers and let them tell you what’s important, rather than making assumptions from an inevitably blinkered point of view.

If you would like to explore some examples of narcissism and laziness – and more details of how you can avoid these ‘sins’ – please click here
 

GOING TO EXTREMES

The art of making extreme numbers meaningful.

A key part of our job involves the presentation of data. But despite the fact that we are taught to deal with numbers from an early age, the human brain is still poor at dealing with very large or very small numbers. So how can we help stakeholders to understand the real size of extreme numbers in a presentation? There are several ways:

By division: Divide a huge number into several equal amounts, so that they are of a size that people are likely to understand.

By comparison: Think of something of a similar size that is more tangible - something that people are familiar with and that their minds can grasp.

By visualisation: Use a picture or an evocative image, so that people find it easier to visualise the enormity of the number you are trying to portray.

Please click here if you would like to see some more examples.

 

BE OF GOOD CHEER!

A message of cheerfulness seems very appropriate for this festive season, especially after a long period of economic blues. Lucy Kellaway wrote an article in The Irish Times that was stimulated by Sir Stuart Rose’s recent quote: “We are simply fed up with being fed up.”

Cheerfulness 
Lucy believes that a new ‘cheerfulness syndrome’ is starting to take root in businesses. People are tired of just seeing the negative aspects of business life.

This change, Lucy suggests, is the latest stage in the emotional cycle that was started by the recession. In a way, it seems to echo the grieving cycle. The recession firstly prompted shock and fear; followed by a worry that the world would never again be the same. This was followed by anger (which, in the case of the recession, was targeted at the bankers). This in turn led to eventual acceptance – which is now gradually evolving into a more positive, forward-looking feeling.

Positivity
This positive attitude could itself help to stimulate the growth of the long-promised ‘green shoots’ of an economic recovery.

Proactivity
Perhaps insight professionals need to take this on board, and to start looking for ways of being more proactive – which includes searching for ways of helping our organisations to identify new opportunities.

So, be of good cheer this Christmas – a New Year is on its way, with plenty of new challenges and opportunities. Let’s start to take action now, so we are ready for them when they arrive!
 

TIP OF THE MONTH

FUN CHANGES BEHAVIOUR

Insight is all about changing what people do. As we suggested in the April edition of ‘5 Minute Insights’, injecting an element of fun is one way of achieving this. Take a look at this website – www.theFunTheory.com. It contains three classic consumer examples, with the middle one about the escalator and stairs being probably the best.

But think about its relevance. Can it change your thinking about how your company can influence your customers? And can it suggest better ways of embedding insight in your business?

Whatever your thoughts – enjoy it, and have a Very Happy Christmas!


  

TRAINING

Our next set of insight training courses will be in the Spring. Contact us if you are interested or if you want to run one as an in-house course.

Insight management and communications: vision to reality - TBA - Spring 2010
Sharing the vision of good insight management, with key processes and skills to help you on this journey.
"Loads of useful learnings! I've applied one already today" Delegate Open Course 2007

How to communicate for maximum impact - TBA Spring 2010
Hands-on training to increase the impact of all your written insight communications, from emails and presentations, to reports and newsletters.
"Energising course with great practical applications" In-house course - Financial services  

Commercial thinking - TBA Spring 2010
Enabling you to present your proposals and recommendations in £s not %s, to raise your profile and impact with marketing colleagues, finance and the Board.
"Probably the most useful course I've ever been on" In-house course - Professional services

Click here for more details

10% discount for multiple places – on one course or different courses.

 

FEEDBACK

We want 5-Minute Insights to be as useful as possible. That's where you come in!

Please email us at feedback@cisolutions.co.uk with any comments you have about its content, its style, or with requests for items that you would like to see.

If you have a difficult problem that you are having trouble solving - such as a Marketing Director who insists on ignoring unwelcome insights; or an issue that is challenging your team on the journey towards insight - please let us know. If we can make helpful suggestions we will, and if several people have a similar problem, we will write an article for 5-Minute Insights.

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