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business design
✤
Its all about - The Art of Business Design
significant ✤
sometimes events occur that give us a shock!
moments in time
✤ if they didn’t happen our life would continue pretty
much as-is without the need to change
✤ when they do arise it usually leads to disbelief,
followed by realisation that the status-quo no longer
applies
✤ 9/11 was one of those days... perceptions about
managing public safety and transportation changed
overnight, our world was turned upside down
✤ 2008 was one of those years... when consumerism
driven by easy credit suddenly unravelled
✤ these events are often called “black swans” high-
impact, hard-to-predict, and rare occurrences, and
when these significant emotional events hit us we
need to reframe our world...
✤ in 2009 there arose huge public distrust in capital
markets after the banking sector crash, and in public
institutions after the scandal of MP’s expenses
✤ Most of us now realise that greed isn’t good, and that
capitalism needs to be re-invented to provide both
economic and social development
sustainability & ✤ sustainability isn’t just about hugging tree’s
CSR
✤ it has become a wide-ranging term that infers taking
a long-term perspective of our future
✤ in business it covers three principal areas -
✤ environmental sustainability
✤ societal sustainability
✤ economic sustainability
✤ this holy trinity of sustainability is usually grouped
together to form a company’s corporate sociability
responsibility (CSR) policy
✤ in the USA, CSR is often called the “Triple Bottom
Line” i.e. its focus is about their combined impact on
how to improve profitability - true capitalist thinking
✤ but isn’t focusing on bottom line profit inherently
un-sustainable? doesn’t taking short term profits
often mean investment cutbacks? you can’t save
your way to sustainable long-term prosperity
✤ now there is a new trend to something more genuine
✤
a sustainable approach that works... authenticity
authenticity ✤ authenticity is a set of values that guide individuals
and organisations in facing the many tensions, forces,
pressures, and influences of everyday life with
honesty and integrity
✤ there are growing movements across the world that
are building knowledge and expertise in this field
✤ every day more individuals, organisations and
businesses are adopting authenticity as their way of
becoming truly sustainable
✤ authentic businesses display the following attributes:
leadership ✤
✤
a leader needs many qualities and skills
design thinking
think, re-design and re-build - but in ways that look
not at the past... but by embracing the future
✤ society is changing, technology is rapidly
developing, competition is global and on-line
✤ the west realises it can’t compete with low-cost
labour producers any longer, and is committed to
creativity and innovation as a competitive response
✤ so its recently been said that design schools are the
new business schools - because it’s now apparent
that old-school businesses are out of date
✤ leading business schools are beginning to develop
collaborative links with the best art schools
✤ top design companies like IDEO are now being
engaged in business and service design
✤ creativity and innovation is needed to design these
businesses of tomorrow i.e. we need to inject a dose
of right brain, abductive thinking, and we now
need to ask ourselves “what might be?”
✤ we can use the design process to provide a
framework that helps us design our own business
of the future...
the design
process
✤ designers manage the process of design in
different ways, but there are similarities in every
approach, covered by four common phases :-
✤ discovery - the start of the project - beginning
with an initial idea or inspiration in which user
needs are identified
✤ define - in which interpretation and alignment of
these needs to business objectives is achieved
✤ develop - where design-led solutions are
developed, iterated and tested within the
company
✤ deliver - where the resulting business model is
finalised and launched in the relevant market
✤ this process channels creativity in pursuit of
delivering innovative solutions
✤ it provides a structure by which we can manage
invention...
the art of ✤ businesses are flexible amorphous structures that
need to be responsive and change over time
business design
✤ business tensions come from different directions,
including the economy, changing customer needs,
competition, and shareholder expectations
✤ sometimes these arise at different times, but very
often they come together
✤ authentic business architecture is a framework
that links the key elements of the business to
provide a flexible structure
✤ any tensions cause the whole to flex together,
meaning every part has to adjust accordingly
✤ now we are re-thinking, re-designing and re-
building we need to design a business of the
future that can cope with these tensions
✤ it needs to be based on the fundamentals of
authenticity at its core - a new business culture
✤ we need to focus on creativity and innovation to
deliver excellence, engage our people, and excite
our customers by our passion
✤
in short - The Art of Business Design
contact us now
✤ web: www.cultivar.co.uk