Investors look at leading indicators like the VIX (volatility index) or silicon sales for increases in CE sales. For me two things I look at are the quality of deal flow, right now it is high, and how chaotic innovation is. Deal flow for investors is at impressive levels. The team sand the maturity of the product and team is better than I have ever seen. Yes you can say that is due to lack of funding but the optimist in me sees the world pushing toward a new platform.
More importantly and for Product managers and strategists is the other thing I see, Chaotic Innovation. Innovation is the buzz with new ideas making it to some form of Proof of Concept. More and more of this is non-linear. There are times for controlled chaos (Not an oxymoron) that can yield drastic idea generation and chaotic innovation.
Yes I am a proponent of Innovation as a process, but when a team understands innovation and has learned to capture and sort innovation in to products and features that the market respects there is an additionally gift. That is the gift of being able to establish an innovation container at a moment’s notice, this is what is reflected in productive “Apollo 13” moments.
When and industry or a company is about to hit the hockey stick section of the growth curve moving into just ship mode there is often a moment. Call it the chaos before the storm. Often the early adopters have been working with your product and the feedback is piling up, but which is the trigger feature? When has it hit the value point and ease of operability that anyone can realize the value?
The pieces begin to fall in place and there is a rush to automate and secure for the just ship mode. This was evident last week in our PCAMP Smackdown. The timer was the driver for rapid test, complete, and pray for results. Features jumped in or were yanked, Marketing concepts grabbed out of the air!
Even in these “games” behavior of a team mirrors day to day life. No one had their neck rung or lost their life’s saving, Customers didn’t even call their lawyers, we all just had fun. Fun and Chaos drive incredible ideas, Work on experimenting with Chaos and innovation under pressure it will literally pay dividends.
Many companies are in a Chaos moment time to Innovate!