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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

It helps in identifying opportunities that might not be apparent through traditional analysis and provides a competitive edge by speeding up the development cycle. Research & Development AI tools can simulate and test product scenarios, reducing the need for physical prototypes.

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AI-Powered Design Thinking: Accelerating Innovation and Insights

Leapfrogging

Defining Design Thinking Design thinking involves five key stages: empathize, define, ideate, prototype, and test. This process encourages businesses to focus on the people they’re creating for, leading to better products, services, and internal processes.

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Frequently Asked Questions about Design Thinking

InnovationTraining.org

What is the difference between design thinking and agile methodologies? How can design thinking help with product development? Design thinking is a problem-solving approach that involves empathy for the user, creative ideation, and experimentation to create innovative solutions. What are the principles of design thinking?

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The UX Professionals’ Guide to Working with Agile Scrum Teams

Boxes and Arrows

The adoption of Agile software development approaches are on the rise across our industry, which means UX professionals are more likely than ever to support Agile projects. I first encountered Agile Development in 2005, when a team I supported was chosen to help pilot Scrum development methodology at Yahoo!

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Leadership Tips for Building a Culture For Innovation

Cris Beswick

It requires more than establishing an innovation team or hosting a few ideation workshops. Consider that 89% of executives in a recent McKinsey Global Survey say Innovation will be at least somewhat important for their companies’ growth strategies in the next five years, yet only 6% rate their innovation performance as excellent.

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What is Lean Innovation? Components and Examples

Moves the Needle

And in practice, we combine three important ideas: design thinking, Lean Startup, and agile methodology. Centered around customer empathy and prototyping, design thinking is a compelling framework for ideation and the discovery of new value. While agile focuses on build velocity, lean focuses on customer traction velocity.”

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Experimenting Your Way to Bolder Innovation

Qmarkets

When data-driven experiments are run (like market surveys), they often take too long, cost too much or deliver little new insight to develop the idea. To select good experiments, set up a ‘screening gate’ in your ideation challenge , where an evaluation team uses a scorecard to evaluate and prioritize experiment candidates.