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GOT MARKET INSIGHTS?
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Here you can assess the extent to which, in the business you
are analyzing, your organization uses the essential principles
of the DPV methodology for discovering and analyzing market
insights, including the study and understanding of current
and potential customers and other relevant entities in your
chain, and including the study of current and potential competitors.
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Value-Delivery Culture? -Question #1: Analysis of whole Value
Delivery Chain?
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(If your business has
a relatively simple chain, where the immediate customer, to
whom you sell your product/service, is also the final end-user
of that product/service, then skip to Value-Delivery Culture? Question #3.)
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In the DPV approach to
gathering market insights, the organization continuously analyzes
the whole Value Delivery Chain relevant to the business, in
search of strategic insights. The entities analyzed include
current and potential customers - immediate customers, their
customers and so on, down to the last relevant level in the
chain. They also include current/potential important suppliers,
and various 'off-line entities' - those entities who do not
actually buy or sell our product/service, but indirectly influence
behavior and attitudes in our chain.
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To what
extent does this description accurately fit the business
you are reviewing?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #2: Focus on end-users/'primary
entities?'
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The business makes a
determination of where the 'primary entities' are - the entities,
in the chain, most important to the success of the business.
These primary entities are often the end-users of the product/service
offered by the business, or may be close to them. They often
are not the immediate customer in the chain, who may directly
buy the business' product/service. (This determination - who
is the real 'primary entity?' - is periodically revisited as
the organization learns more about the relevant chain.) Rather
than mostly focusing on immediate customers, the organization
deeply studies these primary entities, looking for insights
into possible breakthrough-growth Value Propositions to them.
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To what
extent does this description accurately fit the business
you are reviewing?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #3:
Within end-user/primary entities, where (on whom) do we focus?
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(If primary entities
for this business are consumers, then skip Value-Delivery Culture? Question #3 and go
to Value-Delivery Culture? Question #4.)
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When interacting with
primary entities/end-users which are organizations (i.e., not
consumers), the organization does not stop at the purchasing
function nor even at the buying-influencers, if these do not
include the actual users of our product/service within this
entity. We do interact with the buying functions, but our greater
focus is on understanding, influencing, and ultimately delivering
clearly superior value to the real users within the entity.
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To what
extent does this description accurately fit the business
you are reviewing?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #4:
How we study and analyze entities - Becoming the Customer?
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When studying entities
in the chain, especially the end-users/primary entities, whether
these are businesses or consumers, the organization systematically
becomes these customers. We explore and analyze what these entities
are trying to do, what they actually do, why they do it, and
with what consequences; quantitatively wherever possible and
relevant. This is called observing and documenting 'Video One'
in the DPV methodology. The organization thus identifies and
analyzes what seems to be important, and all that appears to
be suboptimal, including any opportunities missed by these customer-entities,
in their Video One.
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To what
extent does this description accurately fit the business
you are reviewing?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #5:
How we study entities - Video Two and Resulting Experiences
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Based on the above analyses,
the organization creates a set of improved scenarios, 'Video
Two's' in some selected future timeframe. Video Two's are designed
to include very significant end-result improvements for these
entities, without over-stretching what might be possible for
the organization to deliver, even profitably, in the chosen
timeframe. The organization thus identifies potentially valuable
and economically feasible 'resulting experiences.' The organization
has not focused on new ways to sell its product/service, nor
asked customers to specify what they want. Rather, it has analyzed
customers' current experiences, and creatively inferred a potentially
more valuable scenario. (This also contrasts to the common inability
to think much beyond our product features and attributes.)
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To what
extent does this description accurately fit the business
you are reviewing?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #6:
Identifying value, costs and feasibility of new Resulting Experiences
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The organization strives
to understand, as much as possible within time constraints,
the potential economic value, to the customer entities, of each
new resulting experience. Getting this right may entail quantitative
market research and/or in-market testing. The organization also
works to model and assess the likely cost and feasibility of
actually delivering each of these experiences (bearing in mind
that many important aspects of delivering these experiences
can, in many cases, be performed by the whole chain, not by
our organization alone).
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To what
extent does this description accurately fit the business
you are reviewing?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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Value-Delivery Culture? - Question #7:
Value-delivery-driven competitive analysis?
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The organization analyzes
competitors by first defining experiences that customers would
potentially value, then estimating how well competition does/could
deliver these. 'Competitors' include players making similar
products/services to ours, but also potential players, inside
the industry and out, assuming both conventional and outside-the-box
technologies and tactics - whatever could most effectively deliver
experiences identified above. This value-delivery-driven competitive
analysis contrasts to more conventional approaches which start
with competitors, asking what they do vs. what we do, without
the right context - what customers would most value.
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To what
extent does this description accurately fit the business
you are reviewing?
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1
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3
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3
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4
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5
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Not At All
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To Minor Extent
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To Some Extent
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To Large Extent
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To Very Great Extent
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Don't Know
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