6. What is design thinking and how is it different from grand design? When is grand desgin more effective in innovation than design thinking? 2. What is WeChat’s approach to innovation? 3. What are some key components to grand design?4. What should innovators take away from WeChat’s experience?
The majority of companies that manufacture products operating today employ an approach to business that is built on design thinking. This method requires continuous research into customer requirements and concepts, as well as validation of the ideas, and the delivery of incremental enhancements. In these kinds of companies the product teams are empowered to decide the features to be included and how they should be implemented, and other aspects, while the leadership of the company is merely an instructor to help the product teams work more efficiently (Raghavendra 2020). Design thinking was originally conceived as a strategy for creating modern-day products and technology. But, the technique is used extensively in many different industries, both public and private, to tackle a range of tasks as well as personal and business initiatives, throughout the globe. The method of identifying solutions to problems that put the needs of the client over any other considerations is referred to in the field of “design Thinking.” It is based on watching, by observing with empathy, how people behave in their environments and takes an method of hands-on, iterative method of generating innovative solutions (Tuttle 2021). Cont…
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