Great ideas are not always successful.

It’s unfortunate and it’s true. But it’s not unavoidable. There are ways that let you stack the deck in your favor and increase your product or service’s chances of success. Design Thinking employs problem solving before the problems even appear in order to increase your success.   Companies have to face the facts. It’s not enough to create a good product. A good product doesn’t mean it will become a hit and generate significant income. I know, in a perfect world, good products/services would translate into success, but we aren’t living in a perfect world.   You have a good product/service, but how do you know if it is what your target audience needs? How do you know if this is what they want?   This is why Design Thinking is so important for all businesses. I mean it, all businesses. Not only does it help you solve complex problems, but it also helps you obtain the most helpful insights from your users.

A review of the design process:

  1. Empathize
  2. Define
  3. Ideate
  4. Prototype
  5. Test
  6. Implement
  7. Repeat until it’s perfect

Creativity, Problem Solving, Collaboration

Working with this methodology optimizes your internal flow and therefore improves your internal performance. Creativity, problem solving, and collaboration are the skills that really matter in the world of today. It’s not about churning out products, services, and apps as fast as you can, not anymore. It’s about being smart. And that’s what Design Thinking does.   And because of this methodology, you will have products and services created specifically for your end users. Your target audience will be much more likely to accept what you make, meaning less rework and failure and increased ROI.   But all of that is secondary to the culture of creativity, problem solving, and collaboration that you’ll nurture. This culture is what will lead your company to new heights of innovation and success.  

Week 4a Link:

http://pixel506.com/design-thinking-problem-solving/
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Grant Cardone
https://grantcardone.com/
Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.
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