Design Thinking Innovation And Business Strategy Essay

Length: 3 pages Type: Essay Paper: #93215819 Related Topics: Organizational Development, Project Plan, Innovation Strategy, Business Development Published May 09, 2022
Excerpt from Essay :

Reflection on Course Concepts

This course has involved learning some critical concepts that are applicable to nearly any business setting in todays business environment. Some of the concepts learned in this course include design thinking, building and sustaining an innovation strategy, and organizing and building organization. These concepts relate to todays business environment in terms of their focus on promoting innovation, which is one of the keys to success for modern businesses. Through insights obtained from the concepts, the course has essentially prepared me to develop the necessary skills to drive critical business decisions and develop successful business strategies. I believe that the course has equipped me with knowledge and skills that would help me shape critical business decisions and strategies in my workplace.

Most Compelling Concepts

One of the most compelling concepts from this course is design thinking, which is an iterative process that seeks to understand users and redefine problems through challenging assumptions in efforts to identify alternative innovative strategies and solutions (Interaction Design Foundation, 2018). Strategies and solutions emerging from this process may not be immediately instant with the initial level of understanding. I find design thinking to be compelling because it creates a user-driven approach to innovation, which helps to avoid design bias that can be harmful and lethal (The Economist, 2021).

Building and Sustaining an Innovation Strategy and Organizing and Building Innovation are also compelling concepts learned in this course. Building and Sustaining an Innovation Strategy seeks to enhance the long-term competitiveness of a business through the creation of project plans (Wheelwright & Clark, 1992). The process of building and sustaining an innovation strategy entails effective management of the innovation portfolio. This concept is one of the most compelling because it provides insights on how business executives can avoid making dramatic interventions and vacillating strategies in response to global competitive pressures (Nagji & Tuff, 2012). Through insights obtained from the concept, business executives can respond to competitive pressures in the market and develop appropriate strategies through managing their innovation portfolio. On the other hand, the concept…future career in terms of organizational development, business development, and employee management (HR). Design thinking would be applicable to organizational development as it promotes a user-driven approach to innovation. In this case, innovation projects in my future career will begin with the end-user in mind. This will help promote organizational growth and development as business strategies will be developed in line with end-user needs and preferences. Moreover, the end-user will be incorporated in the design and execution of innovation. With regards to business development, the concept of Building and Sustaining an Innovation Strategy will be applied. Managerial decisions and actions will be based on a proactive rather than reactive approach. This implies that proactive approaches will be adopted to deal with competitive pressures through managing an innovation portfolio. Organizing and Building Innovation will be used as the premise for employee management by adopting an agile operating model. The model will be used as the premise for developing functional teams that work independently to execute their mission.

I will utilize design thinking…

Sources Used in Documents:


Banholzer, M., Metzeler, F. & Roth, E. (2019). Fielding high-performing innovation teams. Retrieved December 22, 2021, from

Comella-Dorda, S., Garg, L., Thareja, S. & Vasquez-McCall, B. (2020). Revisiting agile teams after an abrupt shift to remote. Retrieved December 22, 2021, from

Comella-Dorda, S., Handscomb, C. & Zaidi, A. (2020). Agility to action: Operationalizing a value-driven agile blueprint. Retrieved December 22, 2021, from

Interaction Design Foundation. (2018). The basics of user experience design. Retrieved December 22, 2021, from

Nagji, B. & Tuff, G. (2012). Managing your innovation portfolio. Harvard Business Review. Retrieved December 22, 2021, from

The Economist. (2021). Design bias is harmful, and in some cases may be lethal. Retrieved December 22, 2021, from

Wheelwright, S.C. & Clark, K.B. (1992). Creating project plans to focus product development. Harvard Business Review. Retrieved December 20, 2021, from

Cite this Document:

"Design Thinking Innovation And Business Strategy" (2021, December 22) Retrieved June 30, 2022, from

"Design Thinking Innovation And Business Strategy" 22 December 2021. Web.30 June. 2022. <>

"Design Thinking Innovation And Business Strategy", 22 December 2021, Accessed.30 June. 2022,

Related Documents
Business Strategies Coca Cola Company Case Analysis
Words: 2271 Length: 5 Pages Topic: Business Paper #: 80312898

Business Strategies Coca Cola Company Case Analysis Strategy Recommendation in Business The Coca Cola Company (Case Analysis) The Coca cola Corporation is among the most successful and well-known company in the globe. Its reputable existence is analyzed with its performance and efficient management. The company has dominated and controlled the beverage industry for many years, and has often proven its abilities in innovation, creativity and consumer satisfaction. The company has also set extremely high

Business Strategies and Objectives the Aim of
Words: 1815 Length: 5 Pages Topic: Business - Management Paper #: 58000085

Business Strategies and Objectives The aim of this paper is to prepare matrices that will be used to justify strategies that will be recommended in the paper. There will also be analysis and detailed discussion on other alternative strategies, including providing the advantages and disadvantages of the alternative strategies. All the specific objectives and strategies will be addressed and there will be an analysis for the next three years with estimated

Business Strategy Role of Work/Life Programs in
Words: 3247 Length: 10 Pages Topic: Careers Paper #: 29428491

Business Strategy Role of Work/Life Programs in Business Strategy Strategic Analysis Strategic Implementation Human Resources Social Costs and Benefits Work/Life Programs Dependent Benefits Working Conditions Leaves Human Resources Policies Role in Business Strategy Significance of Work-Life Programs for Employees and Organizations The business strategy is influenced through multiple channels including human resources. The developments of innovative practices in offering employee benefits and maintaining a healthy organizational culture is notable technique. The management of organization takes advantage of high performing employees by offering work-life

Business Strategy What Role Does
Words: 411 Length: 1 Pages Topic: Business Paper #: 25523536

Most critical is the ability to capitalize on core competencies while also alleviating any cultural conflicts inherent in pursuing any diversification strategy (Doving, Gooderham, 2008). Related diversifications are related to core competencies can be seen in many industry value chains, especially in the financial services industry (Milberg, 2008). As related diversifications reduce the cultural, system and process risk of a merger or acquisition, they have been proven empirically to

Business Strategy Marks and Spencer
Words: 3407 Length: 11 Pages Topic: Business Paper #: 42647266

Current Problem Diagnosis The problems within Marks and Spencer began in the 1990s, starting with financial difficulties, aggravated by fierce competition in the industry and consequently decreased sales and profits. Market analysts blamed the occurrence of the problems on a poor quality of the management. M&S was accused of not having paid enough attention to the changes affecting the market and as such, they had failed to adapt to the

Business Strategies the Business Plan
Words: 886 Length: 3 Pages Topic: Business Paper #: 4116236

The appendixes. Answer number 3 The online community presents the reader with a multitude of information on how to write the business plan. A valid source in this sense is represented by Maire Loughran's article on the website. Throughout this article, the author identifies a total of eight key elements to be integrated in the business plan. These refer to the next ones: The executive summary which states the objectives of the