Remove Analysis Remove Design Thinking Remove Exercises Remove Product Innovation
article thumbnail

Future Trends 2021: Purpose & Co-creation

Be-novative

USA’s fitness industry alone is estimated to worth $100 billion and all-in-a-sudden it has shifted into a virtual world which rewards those companies that have been able to quickly adapt with updated fitness apps and virtual exercise classes. Design Thinking methods and AI can help them find the right connections.

Trends 52
article thumbnail

Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

So we end up in “paralysis by analysis” – moving slowly to ensure we don’t make mistakes and that everyone signs off on every idea (so we can spread the collective blame if it fails). And when we do make bets, they’re small bets on incremental products or acquisitions that simply add to the bottom line.”.

LEAN 46
article thumbnail

Ideation: Anatomy of a New Product Idea

Taivara

It easily explains the starting point for any good product. It’s a concept outlined in The Innovator’s Method and maps the customer journey/jobs to be done, identifies pain points, performs root cause analysis ( 5 Whys ) and outline assumptions underlying key problems. Which is why we’re proponents of Design Thinking (DT).