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THE VALUE OF TO BUSINESS

The Value of Design to Business

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Page 1: The Value of Design to Business

THE VALUE OF

TO BUSINESS

Page 2: The Value of Design to Business

Design is not just what it looks like and feels like. Design is how it works.

STEVE JOBS

Page 3: The Value of Design to Business

Design is not MARKETING THOUGH THEY ARE OFTEN INTRINSICALLY LINKED.

DESIGN IS CREATING A PLAN TO SOLVE A PROBLEM, THEN originating FORM & FUNCTION.

Page 4: The Value of Design to Business

£1 invested in design creates

£20 increased revenue over time

£4 additional profit over time

RETURN ON INVESTMENT

Data Source: 2014 The British Design Council http://vimeo.com/73619059

INVESTMENT REVENUE PROFIT

Page 5: The Value of Design to Business

£33 billion UK annual design spend

£660 billion increased revenue

£132 billion increased profit

ECONOMIC VALUE

UKPOTENTIAL

Data Source: 2014 The British Design Council http://vimeo.com/73619059

Page 6: The Value of Design to Business

DMI DESIGN VALUE INDEX

Data Source: 2014 DMI market index study. http://www.dmi.org/?DesignValue

2004

S&P INDEX15 design led companies

2014 319%

Apple Coca-Cola WhirlpoolWalt DisneyTargetSteelcaseStarbucksProcter & GambleNikeNewell-RubbermaidIntuitIBMHerman-MillerFord

Page 7: The Value of Design to Business

DESIGN BENEFITS BUSINESSAesthetics and user experience are primary drivers of customer engagement and confidence. People want to

enrich their lives by associating themselves with products, brands and services that elevate their experiences

and provide solutions to their problems on many levels. Good design is all about providing solutions to problems.IMPACT

EFFICIENCYCreative solutions to business issues often yield surprising and innovative results. Design is not limited to identity

or products and services, it can equally be applied to the improvement of business processes and internal

communications which builds understanding and aligns corporate culture with the goals of the company.

COMMUNITYGreat products, brands and services bring people together in communities where customers can

act as advocates for the brand or express their experiences. Such communities offer a valuable

source of insights and intelligence to improve decision-making.

Customers trust brands that show proficiency, vision and a directive to provide products and services to satisfy

changing needs. How a brand chooses to communicate these qualities directly affects this relationship. It is crucial

to deliver a consistent message and a quality value proposition that addresses the needs of the audience.TRUST

Page 8: The Value of Design to Business

DESIRABILITY

FEAS I B I L I T Y

V IAB I LI TY

G O L D

DESIGN THINKING

More: For more on design thinking visit: http://www.dmi.org/general/custom.asp?page=WhatisDesignThink

Does anyone want or need it?

Can it be done and will it work?

Is it affordable and worth the effort?

Page 9: The Value of Design to Business

GREAT DESIGN

Design begins by studying and understanding the audience. How can a product

or service satisfy aspirations and needs that the end-user may not even be aware

that they have? The designer must stand in their shoes to empathise with their

appetites, inclinations, desires and aspirations.

This perspective leads to deeper understanding of the innovation process and,

through a cycle of development and testing, it offers greater potential for

a more holistic final solution.

The principle of Design Thinking breaks this strategy down into three

fundamental questions that must be answered to achieve a great design

solution: is the product or service desirable, is it feasible and is it viable?

This methodology is not limited to new product or service development.

We can also apply the rationale with equal success to the creation of

new strategies and business models. By embracing creative and design

thinking we are able to uncover hidden possibilities and to amplify both

personal and business opportunities for growth.

Page 10: The Value of Design to Business

GREAT DESIGNER

1 Listener, observer, student – empathy for and understand of the audience

is fundamental to developing an effective and powerful solution.

2 Storyteller – the goal is not to invent a fairytale but rather to

create a compelling narrative showing context, value and vision.

3 Persuader – empirical methodology, good communication, business

acumen and market knowledge are the foundation for any rationale.

5 Soldier – ego is unwelcome, enthusiasm for teamwork, capacity

to take direction or knowing when to fight for the cause are key.

4 Developer – perceptiveness, eye for detail and strong technical

and visualisation skills are potent tools for the problem-solver.

CREATIVE, BUT ALSO. . .

Page 11: The Value of Design to Business

Design is intelligence made visible.ALINA WHEELER

Page 12: The Value of Design to Business

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