Commercialization

Organizations often describe themselves as learning organizations.

Commercialization requires learning of a very specific kind.

Commercial learning is the disciplined process of reducing uncertainty through evidence gained in the marketplace.

Each customer interaction contributes information.

Each experiment strengthens—or challenges—existing assumptions.

Each commercialization decision should leave the organization better informed than before.

Over time, these individual experiences accumulate into organizational capability.

The objective gradually shifts.

Success is measured not only by the outcome of the current commercialization effort, but also by the organization’s increased ability to commercialize the next one.

Commercial learning transforms experience into institutional knowledge.

That capability rests upon a consistent set of guiding principles.