Lightning in a Bottle: The Proven System to Create New Ideas And Products That Work - Hardcover

Minter, David D.; Reid, Michael

Hardcover

ISBN 10: 1402207344 ISBN 13: 9781402207341

Publisher: Sourcebooks Inc, 2006

Synopsis

"You will never look at 'new ideas' the same way again." -H. Wayne Huizenga, founder and former chairman and CEO of Blockbuster Inc.

"I would strongly suggest that all marketers read this book before they decide to launch a new product, line extension or enter a new line of business." -Mark R. Goldston, chairman and CEO, United Online, Inc., which includes NetZero, Juno, Classmates and MyPoints.com brands

David Minter and Michael Reid know innovation. For more than 25 years, they have contributed to the growth of such companies as Blockbuster, Dole, Viacom, Sony and Einstein Bagels.

Lightning in a Bottle presents Minter and Reid's simple seven-step system for creating ideas that work-one that improves new-product success rates from the standard one in 10 to one in two or better. Lightning in a Bottle also explains the top 10 reasons ideas fail, plus the dirty secrets of the research world, such as:

--Why focus groups don't work for new products
--How market segmentation is often a sham
--Why brainstorming in not effective in creating great new products

In the tradition of Execution and Good to Great, Lightning in a Bottle is the new must-have guide for business leaders.

About this title

From the Publisher:

"Lightning in a Bottle exposes why so few new products and services succeed in the marketplace, and what to do about it. It's not fancy or complicated--it just works."
--George Dean Johnson, Jr., co-founder and former CEO, Extended Stay America

"I would strongly suggest that all marketers read this book before they decide to launch a new product, line extension or enter a new line of business."
--Mark R. Goldston, chairman and CEO, United Online, Inc. (includes NetZero, Juno, Classmates and MyPoints.com brands)

"Minter and Reid know what they are doing, and in Lightning in a Bottle share their keys to business success in language that is clear and compelling."
--Al Baldocchi private venture capitalist; member of the Board of Directors of Chipotle Mexican Grill

"Thunder, lightning, typhoons; Minter & Reid make it happen. The wisdom delivered in Lightning in a Bottle elevated our company's innovative, big idea to reality. Put down whatever you're reading, and capture Lightning in a Bottle."
--Tyler T. Tysdal founder and president, SmartCare Family Medial Centers; managing partner, TIVIS Ventures

From the Back Cover:

Improve new-product success from 1 in 10 to 1 in 2!

David Minter and Michael Reid know innovation. For more than 25 years, they have contributed to the growth of such companies as Dole, Viacom, Sony and Einstein Bagels.
In this groundbreaking book, they expose everything wrong with the way modern businesses create products, explain why focus groups don’t work for new products, how market segmentation is often a sham, and why brainstorming is not effective in creating great new products.

The solution? Minter and Reid’s simple 7-step Idea Engineering system-one that improves new-product success rates from the standard 1 in 10 to 1 in 2 or better. It has been proven time and time again, and it will work for your business.

Lightning in a Bottle is the new, must-have system for business leaders. It’s simple, it’s brilliant and it works.

Praise for Lightning in a Bottle

“Once you have caught Lightning in a Bottle, you will never look at ‘new ideas’ the same way again. David Minter and Mike Reid have developed a model with the potential to create immediate value for your company or organization.”
-H. Wayne Huizenga, founder and former chairman, AutoNation; founder and former chairman and CEO, Blockbuster; founder and former chairman, Waste Management; owner, Miami Dolphins

“Lightning in a Bottle exposes why so few new products and services succeed in the marketplace, and what to do about it. It’s not fancy or complicated-it just works.”
-George Dean Johnson, Jr., co-founder and former CEO, Extended Stay America

About this edition

• Publisher: Sourcebooks Inc
• Publication date: 2006
• ISBN 10: 1402207344
• ISBN 13: 9781402207341
• Binding: Hardcover
• Edition number: 1
• Number of pages: 214