What is design thinking?
According to David Kelley design thinking is described as human-centered approach to innovation that draws from the designer’s toolkit to integrate the needs of people, the possibilities of technology, and the requirements for business success.’ In a nutshell, design thinking is basically ‘a human-centered approach to solving problems using the designer’s toolkit’.
Why is design thinking important?
It’s the key to solve most if not all of problems as it creates a breeding ground for empathy. Which makes It easy to recognize products that consumers need and those that they don’t.
The Design thinking process
- Empathize — with users
- Define — users’ needs, their problem, and your insights
- Ideate — challenge assumptions and produce ideas for innovative solutions
- Prototype — begin creating solutions
- Test — solutions
How to build better products using design thinking?
- Stop copy pasting innovations that work in other countries.
- Think more of coming up with the solution rather than fixating on the challenge.
- Empathy! Empathy! Empathy!
- Make the people you are solving the problem for feel as if their part of the solution
profitability on firm value
Number of great Japanese firms operating in Vietnam rises
A view of AEON Tan Phu Celadon retail complex in HCM City. (snapshot: AEON Vietnam) Hanoi (VNS/VNA) The proportion of Japanese enterprises operating in Vietnam forecast to be profitable running a business activities last year is 54.3 p’cent, rise 4.7 points purchasing a 2020. This figure is part of a survey on Japanese finance in Asia and Oceania 2021. Chief representative of the Japan External Trade Organisation (JETRO) In Hanoi Takeo Nakajima given the figure on January 19. in that 35th survey, The programme received responses from 702 Japanese association operating in Vietnam. particularly, laptop computer period was from August 25 to September 24 last year, Coinciding with the time when Vietnam enforced strict social distance measures due to the COVID 19 pandemic. end result, It affected the response results of companies, assumed Nakajima. alternatively, the sheer number of Japanese businesses investing and operating in Vietnam saying their profit improvedreached 31.4 percentage points, each out more.] About Number of productive Japanese firms operating in Vietnam risesVit Nam refutes ‘false’ claim Latin women date on militia deployment in East SeaLk Lake, A serene spot in the Central Highlands16,715 new COVID 19 cases reported on ThursdayMasan Group Top ASEAN consumer pick based on Bank of America16,715 new cases unveiled on January 20Vit Nam, Hungary foster parliamentary cooperationMajor crash led to suspension of its Tesla Model 3 by taxi companyAfter Tesla, SpaceX workers come forward to speak on sexual harassmentWi Fi range extender to that will help strengthen network coverage and internet speedsapple: How to capture screengrab on Apple iPhone just by tapping back panelEU Parliament backs tough new rules to rein in US tech giantsCarville: ‘Strap in People’ January 6 Probe Will Expose Trump Was Behind a ‘Massive criminal Act’Warren: SCOTUS ‘Has Lost the Respect of the American People’ We need more JusticesSummers: Combatting Inflation Will ‘Require substantially More’ Than What Fed Is DoingBratton: Lax District lawyer, ‘Most of Them Funded by George Soros’ ‘Are spoiling the Criminal Justice System’WATCH: Sheriff’s Deputies in baltimore Rescue Woman from Frigid Waters.