From "The Challenger Customer"
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Free 10-min PreviewThe Nature and Creation of Commercial Insight
Key Insight
Commercial Insight is not found but actively made through a structured, replicable, and learnable process that requires multiple inputs and iteration. It empowers suppliers by putting them in control of their destiny, rather than waiting for insights to appear magically. The core purpose of Commercial Insight is to help customers understand what they fail to fully grasp about their own business but should, thereby driving a shift in their thinking.
At its heart, creating Commercial Insight demands a deeper understanding of how customers perceive their own company, rather than merely how they view a supplier's company. The fundamental principle is that to change how someone thinks about a supplier, one must first get them to think differently about themselves. This involves using tools, tactics, and frameworks designed to answer the crucial question: 'What do our customers fail to fully understand about their business, but should?'
This process enables suppliers to proactively create, test, revise, and deploy insights, scaling them as an organizational capability. The ultimate goal is to lead customers through a choreographed narrative that causes them to appreciate a supplier's unique strengths more than they would have on their own. This means not leading with what makes a supplier unique, but leading to it, ensuring the conversation is initially about the customer's business and problems.
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