In the States there is a class of attorneys known as “ambulance chasers.” They follow accident victims to the hospital and offer their services to get justice or payment for their injuries. I am not diminishing the role of personal injury cases and the legitimate rights of those victims, but those attorneys are looking for pain and suffering. In fact, it fuels their business.
All of us in business have a similar need to look for the pain. The most successful companies, and the products and services that they offer, address an unmet pain and solve it in a unique way.
As innovators and business strategists we should always be in the hunt for the pain.
- What costs too much?
- What takes too long?
- What ends too soon?
- What can we not get enough of?
- What do we have too much of?
These kind of questions, can lead to the insights that create new customers, new business models, new products, and fuel the enterprise into the future.