• Innovative Strategies That Create More Profits

Stuck? Try Thinking Sideways

 

If a problem just won’t move, it might not be because you aren’t trying hard enough or thinking logically. Sometimes, it’s about how you’re looking at the problem. That’s where lateral thinking comes in.

Edward de Bono developed the concept of lateral thinking. It means looking at problems from different angles. Instead of following the usual path, we question assumptions, ask new questions, and look for unexpected solutions.

Logical thinking helps us test and refine ideas, while lateral thinking helps us generate new ones. We need both approaches.

For example, if a company wants to make customers happier, the usual answer might be to speed up service or better train staff. But with lateral thinking, you might ask whether the real issue is the steps customers take before they even reach you. This new angle can lead to better solutions.

Two Techniques

Two common lateral thinking techniques are reversal and provocation. Reversal means turning an assumption on its head to find new options. Provocation gets you thinking differently by adding a strange or unexpected idea.

Not every idea from lateral thinking will work in real life. Some just aren’t practical. Still, the method is important because it helps us get past the usual answers.

If logical thinking isn’t working, try looking at the problem from a different angle to find new ideas.

  Don’t Just Sell—Solve: Why Differentiation Unlocks Bigger Profits

 In today’s crowded B2B markets, many companies find themselves competing on price, chasing leads that don’t convert, and struggling to stand out. What is the problem behind these challenges? A lack of differentiation.

When you look and sound like every other competitor, customers see you as just another option, driving prices down and profits with them. 

A Common Problem: Very Little Differentiation 

  • Markets are crowded with similar solutions, so competition is primarily on price.
  • Companies often don’t deeply understand their ideal customers’ real problems,
  • Without this understanding, differentiation efforts become superficial or based on internal assumptions.
  • A fear of focus differentiation requires narrowing one’s focus.
  • If you differentiate only by adding features, competitors will likely catch up.

But when you differentiate, you unlock the ability to charge premium prices, attract higher-value clients, and build lasting customer relationships that fuel predictable growth.

One Important Solution: Creative Differentiation

  • Finding new ways to solve customer problems requires both vertical and lateral thinking, as well as fresh perspectives.
  • True differentiation often stems from unexpected ideas—a different business model, a novel pricing strategy, or a unique combination of services.
  • Creative techniques, such as lateral thinking or vertical thinking, help uncover hidden needs or untapped markets.
  • Creative differentiation is about standing for something unique that resonates with your audience.
  • Creative storytelling and messaging also make your differentiation memorable and meaningful. 

Without creativity, you risk incremental changes that often fail to stand out and may be easily duplicated by competitors.

With creativity, you can build bold, category-defining differentiation that drives higher revenues and profits.

Visit my website or QuickInsights for more information on transforming revenue challenges into predictable revenues and profits and creating a competitive advantage. You can also email me with any questions or comments, positive or negative. I also enjoy learning and sharing.

Cheers,  Jim Zitek

Turn B2B Revenue Problems Into Predictable Revenues and Profits.