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A curious mind does not jump to conclusions but tests carefully and thoroughly. A curious mind will draw on all of life's experience to get to the big uh huh. The curious cut the data by quintile, by segment, and by user.
Michael J. Silverstein
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Michael J. Silverstein
Age: 69
Born: 1955
Born: January 1
Author
Consultant
Tests
Thoroughly
Draws
Users
Cutting
Carefully
Bigs
Jump
Experience
Conclusion
Doe
Data
Segment
Mind
Curious
User
Life
Draw
Conclusions
More quotes by Michael J. Silverstein
The choices we make define our future.
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Transform your employees into passionate disciples. Teach. Create apostles. Give people a calling, not a job.
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Define a winning proposition that is consumer right and delivers margin accretion.
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Deliver infinite growth having your customers talk about you, exclaim you and tell their friends and colleagues about you.
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Respond to your customer's dissatisfactions with precision and power.
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Failure to make the tough but necessary choices means slow painful death.
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For me, it's often about consumption behavior. I focus my energy on understanding the heavy user. They are odd but hold opportunity. I ask: how do they use the product, what motivates them, how can we clone them.
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Too many companies are happy to have workers to dread working. They have the wrong attitude because they have the wrong leadership.
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People need to be inspired. They need to hear and believe a story. If you want them to be self-motivated, you need to engage them.
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Own one idea. Complete it. Map the current model of purchase and usage. Change how it is done so at least some part of the market uses only your product. Extend from that core user to a much broader universe. Describe your concept in a very short, six-word story - a la Ernest Hemingway: For sale: baby shoes, never worn.
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Better ramp up your virtual relationships. Companies think omni channel is the correct answer. This is not enough. The information explosion for consumers makes 24/7 and full and complete engagement possible.
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Companies that get in trouble have a failure to see two realities: market trends and competitor attacks.
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The most effective CEOs have a primary source for tracking their markets. They meet with their teams frequently enough to keep innovation flowing, to reduce and focus costs, to be energized. They create a tight agenda and they set high goals.
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People underestimate the power of the Internet. For some consumers, it is the source of all information. Younger adults are on their phones more than they watch television. They don't read newspapers. It is their real world. It is not a set of virtual lenses.
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I admire many entrepreneurs. They bring energy, excitement, youthful enthusiasm. What they lack in process, they make up for in gumption.
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Get out of the office. Roam the frontline. Be observant. Hold your people accountable for creating the new narrative, a new story, in which your customers are the most important characters. Because, you know, they really are.
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Business operators that really deeply care about their employees and consumers deliver the right response every day.
Michael J. Silverstein
Take giant leaps. Too many companies are into incremental innovation. The only thing that moves markets is violent turns. Major differences. Don't get caught in the trap of small steps.
Michael J. Silverstein
The top 25 at every company really set the tone. Everyone watches them. They need to be present and focused. No slackers at the top. They need to meet in combination every recruit. They need to meet them on the first day. They need to teach by example. This is the lesson that great companies teach.
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