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Achieving Startup Success via Product-Market Fit

Tom Spencer

While this idea is appealing and no doubt has some truth to it, it has led many entrepreneurs to develop, fund, and launch products that ultimately fail. Why waste years scaling up a product that from the outset never performed the job that customers needed doing? It has come to be known as product-market fit.

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Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

While electric vehicles are already replacing conventional automobiles, no electric aircraft is ready for large scale commercial production that can usher in a sustainable revolution in aerospace. When it comes to understanding the carbon footprint of these aircraft, the primary culprit is the engine. Billion industry by 2027.

Trends 88
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Boeing Starliner Failure: Lessons for Your Lean Program

Markovitz Consulting

The problem with this engineering marvel? The spacecraft’s internal clock became unsynced with the overall “mission elapsed timing” system, so the Starliner failed to fire its engines at the correct time to reach orbit. No, the problem was with the internal clock. It’s with the simple synching of front line workers with the leadership.

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Our engineering ratchet

Seth Godin Blog

Quietly, over the last thirty years, engineering has become dramatically more efficient and effective. Insulated glass, cars that don't break down, keyboards with just the right feel to them… Mechanical, electrical and chemical engineering are all moving faster than ever. The ratchet turns the ratchet.

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The Perils of Internal Disruption (Part 4)

Markovitz Consulting

It made no sense for consultants traveling all the way from Japan to the United States to work with a company for just a half-day or a full day. Cambridge Engineering, an HVAC manufacturer near St. Kaizen events were invented by the original Japanese consultants who came from Japan to work with US companies in the late 1980s.

Travel 133
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The Price is Right: Decoding the Art of Product Pricing

Tom Spencer

One of the most common problems business leaders face is how to price a product. From entrepreneurs putting a new product on the market to executives at a public company revamping a product line, effective pricing is a key pillar of any successful sales and marketing strategy.

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Unlocking a Career as a Marketing Consultant

Tom Spencer

To do this, they should possess a keen understanding of the client’s target market and existing customer base, as well as the ability to recommend clear and actionable strategies to increase sales, expand the customer base, and develop new product offerings that will appeal to customers.