Case Study: The Segway
In 2001, inventor Dean Kamen unveiled the Segway Personal Transporter amid extraordinary hype. Backers reportedly predicted it would reshape cities and reach a billion dollars in sales faster than any product in history. The technology - self-balancing, gyroscopically stabilised - was genuinely brilliant. And yet the Segway became one of the most famous innovation failures of the century. Why? Because it was a dazzling solution in search of a need.
The Segway started from what the technology could do, not from a real, important, unsatisfied human need. It answered a question few people were actually asking - and no amount of engineering brilliance can fix that.
Where needfinding was missing
Click each factor to reveal what went wrong.
Is anything on your roadmap a ‘Segway’ - impressive technology in search of a need? How would you honestly test whether the need is real before betting big?
Sources
- Kemper, S., Reinventing the Wheel: A Story of Genius, Innovation, and Grand Ambition, 2005 (Segway).
- Harvard Business School, Segway case discussions.
- Global Innovation Institute (GInI), Foundations of Innovation body of knowledge.