MGMT20140 Design Thinking and Innovation: Poster on Key Concepts

This assignment is a poster presentation focused on design thinking and its relationship to innovation. It highlights the five crucial elements of design thinking: empathize, define, ideate, prototype, and test, as described by Kolko (2015). The poster emphasizes how design thinking fosters innovation by providing a logical and stable framework for creative ideas. It relates design mind to innovation, underlining the importance of design thinking in implementing innovative strategies and achieving desired outcomes. The poster also briefly mentions a 7-step design thinking process and includes a reference list to support its content.

Reference
Berry, F. S., & Berry, W. D. (2018). Innovation and Diusion
Models in Policy Research. In Theories of the policy
process(pp. 263-308). Routledge.
Biemans, W. (2018). Managing innovation within networks.
Routledge.
Christensen, C. M., Raynor, M. E., & McDonald, R. (2015).
What is disruptive innovation. Harvard Business
Review, 93(12), 44-53.
Dodgson, M. (2018). Technological collaboration in industry:
Design
Five crucial elements of design thinking as described by Kolko (2015)
1. Empathise
2. Define
3. Ideate
4. Prototype
5. Test
Design Thinking
Design thinking is used to create ideas so that innovation can pave way
for logic and stability. Without proper design thinking it can be
difficult to continue with the process of being creative (Biemans,
2018)
Relating design mind with innovation
Design mind can be related to innovation so that a secure and
logical future can be implemented (Berry & Berry, 2018). It is
necessary that design thinking be used for innovative strategies
so that the creativity can be displayed in the organisations.
People need to gain their desired outcome while implementing
the design map (Dodgson, 2018)
Innovation
Innovation is a manner in which new things can be
created so that organisations can gain a competitive
advantage in the business market (Christensen, Raynor
& McDonald, 2015)
7-step design thinking process
Spark
Team
Understand
StrategiseImprove
Prepare
Execute