What is Design Thinking? Design thinking means working differently, it also a set of processes for solving problems, discovering opportunities, and generating innovative, human-centered solutions. At its heart, design thinking is about adopting a human-centered perspective and an attitude of continual experimentation. Five Key Steps of Design Thinking Step 1 - Empathy Any social endeavour begins with … Continue reading #MACE16: 5 Key Steps of Design Thinking
The purpose of accounting in business is to achieve three benefits: business support service, lowest costs and effective control of the environment. Money is the lifeblood of a business and accurate profit and loss, balance sheet and cash flow is needed to promote or create a business.
How rapid is rapid prototyping? This question evokes different timelines in peoples’ minds. After attending FABLAB London prototype workshop I came out with a different perspective and a deep understanding of the role this process plays in initial product development. In the early phase of any product idea, the primary purpose of rapid prototype is learning – which assumptions make sense, … Continue reading #MACE16 : Rapid Prototyping Experience @ FABLAB London
Lean Canvas and Business Model is a process of creating more value for customers with fewer resources. A lean organisation have a good understand of customer value and focuses its key processes to continuously increase it. The goal is to provide perfect value to the customer through a perfect value creation process that has zero waste. … Continue reading #MACE16 : Important of Lean Canvas for Start-ups Business
Most organisations looking to grow often find themselves caught between conventional and newer approaches to innovation. While traditional strategy calls for rigorous analysis and critical thinking, design thinking espouses ‘thinking by doing’. As discussed in class, design thinking is a holistic approach to business that, unlike the rigid structure of business, utilises both … Continue reading #MACE16: 3 Ways Design Thinking Aid Innovation in Business
This week's lecture topic was revealing because it gave a look into identifying a new paradigm on how to quickly illustrate creative ideas and the tools needed to implement such ideas. One of the many objectives of a creative thinking process is to think beyond existing boundaries, to awaken curiosity, to break away from rational, … Continue reading #MACE16: How Designers Think: What Does Curiosity Feel Like?
Hi everyone, welcome to my first blog post on Design Thinking for Startups module at Kingston Business School! My name is George Uka and am currently studying Innovation Management & Entrepreneurship MSc at the above-mentioned institution. My professional work experience spans years in all facets of enterprise resources planning with extensive knowledge in SAP eRP … Continue reading #MACE16: A Module Like No Other