Designing the next business model before the current one plateaus
How companies can identify new value pools and build business models that combine differentiated customer value with scalable economics.
Read articleWhich Customer Problem Deserves Another Year of Investment?
A long backlog proves that ideas exist, not that the underlying problem merits continued investment. The decision should compare customer problems on the value of solving them, the ability to win and the learning still available�not on features already promised or money already spent.
Define the problem as a costly customer outcome in a specific context. Measure frequency, severity, current workaround, switching trigger and willingness to pay or change behaviour. Segment the evidence: an acute problem for a reachable, economically coherent group can be more attractive than a common irritation spread across users with different needs and weak commitment.
Separate problem risk from solution risk. Eurostat found that 35.4% of EU online shoppers experienced problems in 2025, including slow delivery, difficult sites and incorrect goods. That establishes prevalence, not a business case for any particular fix. The opportunity depends on which failure drives abandonment or retention and whether it can be removed at a defensible cost.
Review a year of evidence as an investment portfolio. Has customer commitment strengthened? Did experiments identify a repeatable mechanism? Are technical and operating constraints moving? What uncertainty will the next tranche resolve? A project that has produced no discriminating evidence should not receive another year merely because completion always appears one release away.
Use a problem thesis with a renewal threshold: target customer, economic consequence, proof of demand, advantage, remaining uncertainty, next experiment and stop condition. Rank opportunities by expected value after future investment, ignoring sunk cost. Product discipline is the willingness to keep funding a consequential problem�and to retire one whose evidence no longer justifies scarce capability.
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Read articleFocus
Revenue, users and funding can all create confidence without demonstrating that demand, retention and economics are sufficiently repeatable to support scale.
Ownership should have a strategic rationale beyond history, reported revenue or the cost and inconvenience of changing the portfolio.
Strategic challenges
Customer enthusiasm can coexist with weak pricing, expensive acquisition or an operating model that becomes uneconomic at scale.
Economic users, technical evaluators, procurement and executives can value different outcomes and exercise influence at different stages.
POV
Cost discipline can create time, but sustainable recovery requires a business that customers still value and that can compete economically.
Defensible positioning must eventually connect to capabilities, economics, assets or choices that are harder to replicate than language.
Strategic impact
A strategy that leaves investment, talent and management attention essentially unchanged may be describing ambition rather than directing action.
Shared customers, capabilities or infrastructure create value only when their benefits outweigh coordination, compromise and managerial overhead.
What we observe
We frequently see new businesses constrained by processes, economics and incentives designed for an established operation rather than a venture.
We frequently see portfolios of initiatives presented as strategy without explicit choices about markets, advantage, economics or trade-offs.