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HOW TO UNDERSTAND VALUE AS DYNAMIC FEATURES AGENDA Presentation of the achievement of the PhD: understanding value creation How is value constructed in the process? How can managers manage design and value if the outcome is related and defined by the network? Tool for managing design to increase competitiveness of firms CBS COMPETITIVENESS PLATFORM Design as rational decision making NPD in Industrial design Managing as designing Design driven innovation design design thinking- making decisions among alternatives to design is to plan, shape and give forms sense making activity give meaning to the artefact, integrating technology, needs and language designers Planning courses of actions or artefacts Creativity, problem solving, observation, judgments, novel ideas, knowledge brokers Inspirational figures for managers; make fit with anticipation, work in the context that is not planned Understanding the unmet needs of society; innovations that customers do not expect but appreciate managers Creating and developing the decision making process environment Choosing the designer able to complete the NPD and the appropriate form of organisation- facilitator Design things; idea generator giving form to new possibilities; bricoleurs; analytical/ human/pathfinding/ design skills Capturing, understanding and socio- cultural trends, proposing and deciding about the designer selection process The rational decision making Stage gate model design thinking; flexible and rapid work on meanings using designers value creation Process of reduction to logic for solving the problem Price, lower production cost, image, emotions, symbolic and relational value—- exchange; loyalty Valuable and sustainable workflow, attention to competitors and changing situations products with new meanings DESIGN PERSPECTIVES IN THE LITERATURE SERIE 7 1 episode 1 sub- episode 2 sub- episode 3 sub- episode 2 episode 3 episode 4 episode CBS COMPETITIVENESS PLATFORM

Creating Value Through Design

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Slides from the workshop Creating Value Through Design held at Copenhagen Business School on 12 June 2014.

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Page 1: Creating Value Through Design

HOW TO UNDERSTAND VALUE AS DYNAMIC

FEATURES

AGENDA

Presentation of the achievement of the PhD: understanding value creation !

How is value constructed in the process?!

How can managers manage design and value if the outcome is related and defined by the network? !

Tool for managing design to increase competitiveness of firms

CBSCOMPETITIVENESS

P L A T F O R M

Design as rational decision making

NPD in Industrial design

Managing as designing

Design driven innovation

design design thinking- making decisions among alternatives

to design is to plan, shape and give forms

sense making activity give meaning to the artefact, integrating technology, needs and language

designers

Planning courses of actions or artefacts!

Creativity, problem solving, observation, judgments, novel ideas, knowledge brokers!

Inspirational figures for managers; make fit with anticipation, work in the context that is not planned!

Understanding the unmet needs of society; innovations that customers do not expect but appreciate!

managers

Creating and developing the decision making process environment!

Choosing the designer able to complete the NPD and the appropriate form of organisation- facilitator !

Design things; idea generator giving form to new possibilities; bricoleurs; analytical/human/pathfinding/ design skills !

Capturing, understanding and socio- cultural trends, proposing and deciding about the designer selection!

processThe rational decision making!

Stage gate model design thinking; flexible and rapid

work on meanings using designers

value creation

Process of reduction to logic for solving the problem!

Price, lower production cost, image, emotions, symbolic and relational value—- exchange; loyalty

Valuable and sustainable workflow, attention to competitors and changing situations!

products with new meanings!

DESIGN PERSPECTIVES IN THE LITERATURE SERIE 7

1 episode

1 sub- episode

2 sub-

episode

3 sub-

episode

2 episode

3 episode

4 episode

CBSCOMPETITIVENESS

P L A T F O R M

Page 2: Creating Value Through Design

Features associated Features diassociated

modern industrial maufacturing

cost reduction

high quality

ergonomic design

high volume mass production

high end design for mass market

lower price

design is uncomfortable

design is hand-craft

design is cabinet maker

stackable

lightweigh

suitable for working places

design is for a limited market

suitable only for few environment

heavy

expensive

limited number of design produced

organic

ornamentalfunctional

Design is produced with the bent wood and thonet technique

innovative conservative

straight lines

quality in the industrial production quality in the craft production

VALUE: FEATURES ASSOCIATED AND DISASSOCIATED- NPD AND LAUNCH

CBSCOMPETITIVENESS

P L A T F O R M

SERIE 7- 3RD EPISODE

sustainable design

comfortable design

high quality through industrial production

classic design

design using materials not environmental friendly

pop design

breakable and low quality design

long lasting fast consumption- frequently changed

Associated features Disassociated Features

VALUE: FEATURES ASSOCIATED AND DISASSOCIATED

CBSCOMPETITIVENESS

P L A T F O R M

SERIE 7- 2ND EPISODE

SERIE 7- 4TH EPISODE

Page 3: Creating Value Through Design

Features Associated Features Disassociated

sustainable design

Scandinavian Design

design for the private market design for the corporate market

honest design

Design for a mass market

Designed by Arne Jacobsen designed by a cabinet maker

VALUE: FEATURES ASSOCIATED AND DISASSOCIATED

CBSCOMPETITIVENESS

P L A T F O R M

value design

decision making

industrial design

managing as designing

Design Driven

Innovation

design as translation

process

generated in its properties and fitness to the task

price and desire for products ! social structures social and cultural

context relations

understood as durable! ! objectively

determinable!

determinable within the

organisation structure!

subjective, arbitrary,

depending on the culture

emergent and fragile

design product utility

cost- opportunity object that is measurable

economically

a mean to an higher end a sign an actor

implication for managers

need to meet specific ways of

doing things

need to make the products

competitive, distinguishable

and more desirable

need to cope with different belief

systems

need for understanding the social and cultural

context! !

need to define the associated and disassociated features and

communicate through a translation

process

NEXT RESEARCH Design scorecard

PURPOSE OF THE TOOL

Firms with design orientation exhibited higher growth, commercial

success, and profit margins than similar companies without it. !

!

The new tool wi l l posit ively impact the f i rms by creat ing a

measurement system that offers managers new practical ways to

document the value of design in their businesses- new products and

existing products

CBSCOMPETITIVENESS

P L A T F O R M

Page 4: Creating Value Through Design

THE MANAGERIAL TOOL FOR VALUE CREATION

The design value scorecard

Product development Strategy Organisation/

marketing !

Financial ? ? ?

Customer ? ? ?

Business Process ? ? ?

Learning and Growth ? ? ?

PROPOSED PROJECT2 years project— a tool to assist managers in Danish companies in:!! making efficient the design management processes, ! assessing the value of design, ! facilitating the communication between different units in the companies. !enter in new market!!

What customers value can be monitored, providing financial return and stimulating investments!!Phases: !• Development of prototype tool (Visits in the companies - interviews - Assessment of the perception of the markets) !• Prototype test (Assess its quality, International validation)

Workshop inviting the managers to consolidate the results and facilitate the dialogue for sharing experiences.!

!• Elaboration of the final software (Website, software Production of leaflets, Book on Danish

design)

For every 1 DKK invested, !15 DKK in net turnover

gained !in a foreign market. !

CBSCOMPETITIVENESS

P L A T F O R M

THANKS FOR YOUR ATTENTION

Discussion

Page 5: Creating Value Through Design

Breakout session• How do you measure value of design in your company?

• Do you have best practices for evaluating the value of design in the development process?

• How have you managed design in the past? What are the major difficulties?

• How would you suggest that we further develop the proposed project?

• Is it interesting for the industry?

• Which are useful variables to consider?

• 30 minutes debate

• Plenum summing up

!!

Next meetings !

September 8th: competitiveness day - Råvarebygningen, Porcelænshaven 22

!Workshops: creating value through design

!!

8th of September Focus: Innovating through design

!19th November

Focus: tba !

For more information/ suggestion: marta gasparin [email protected] tel 38 15 22 39

!