35% of firm revenues are generated from products that did not exist 5 years ago.
(Journal of Comparative Management Article; date: June 1, 2007; Authors: Berkowitz, David; Wren, Brent M.; Grant, E. Stephen)
1 of 3 launched products fail despite research and planning
1 of 4 projects that enter development make it to the market
46% of all resources allocated to new products by U.S. firms is spent on failed products
3000 ideas – 100 projects – 2 launches – 1 success
(Source: Stevens, G.A. and Burley, J.: “3,000 Raw Ideas = 1 Commercial Success!”; May/June 1997)
The core of the method is to integrate the abilities and the visual qualities and communicated values of any company, division, product or even a single individual in a simple matrix. Additionally this table includes the same information on the market. Projecting any issue or market situation on this matrix will visually show the development possibilities and the risks the subject is going to face.
The matrix is capable to elevate the organization or the individual to a new level of business consciousness. Decisions which were mostly influenced by intuition and expertise can now have a visual implementation helping managers and executives in realizing breakthrough strategies and getting everybody involved.
Below you can find the results of using AbilityMatrix as reported by our customers.
87% opportunity to deal conversion rate by a financial services sales by using AbilityMatrix principles.
67% higher initial contract value in the financial sector after installing AbilityMatrix.
30% higher sales prices compared to competition in informatics with product presentation based on AbilityMatrix.
100% hit rate in an assessment of a new product release including profitable markets and busted market segments with product evaluation via AbilityMatrix.
Preliminary evaluation in less than a day with AbilityMatrix compared to 4 months consulting by a renowned consulting company using old school methods.