The combination allows individuals who may not be trained as designers to apply ingenious tools to deal with a wide range of challenges. It allows the management to take advantage of individual competences that go unnoticed in the traditional problem solving strategies. This paper presents an analysis the concept of design-thinking. It also describes the application of design thinking criteria in Coca-Cola Company. It highlights the benefits identified by embedding design-thinking opportunities through design. The concept of Design-Thinking in Coca-Cola Company The Coca-Cola Company has maintained a significant market share globally for many years, which can be attributed to the company’s competitive strategy of design thinking. Diet Coke is a brand that was developed through design thinking with the intention of offering a new drink targeted at consumers who are gradually moving away from high calorie drinks and also to lessen the company’s carbon foot print emanating from the carbon based preservative ejected in to the atmosphere globally when every carbonated drink is opened (Boutzikas, 2000). The product was also focused on increasing the variety of Coca-Cola products as well as getting precise and instantaneous response with regards to customer preferences. It came in to the US market in 1982 as the first soft drink to use the Coca-Cola trademark since 1886 (Vrontis & Sharp, 2003). In the design thinking for the development of Diet Coke, everyone was considered as part of the whole process. According to (Brian, 2010), success is not only accomplished through combining the managers and the subordinates together, also requires people who are creative and good designers who are motivated by business matters. The Diet Coke project focused on promoting a common attitude with regards to inventiveness in the factory and to bring in external desires such as taste, fashion, music, photography and other things that could help in promoting creativity in the workplace. Design thinking requires a conducive environment for people to feel free to think and utilize their full potential, which results in an amalgamation of different characteristics that the new product will serve (Badke-Schaub et al. 2010). Free collaboration between the various departments in the company enhanced the development and marketing of Diet Coke in 1982 emerging as the bestselling low calorie beverage in the US within a very short period. According to Vrontis & Sharp (2003), free collaboration between the skill sets in the development of Diet Coke was enhanced by allowing each player in the project team to act out of free will to accomplish a common objective. The skill sets involved included strategy and design. Despite being in a different career path, Diet Coke project team participated equally in the project. Each of the components meant a lot in the success of product competitiveness (Boutzikas, 2000). Research and development have significantly contributed to innovativeness that has helped Coca-Cola to maintain global competitiveness. Diet Coke was developed in a design thinking approach that linked the global research and development centers to the company’s External Technology Assessment and Acquisition hubs that play an important role of enhancing the link between the company, its associates, industrialists, technological innovators and academics (Isdell & Beasley,
Name of Student: Lecturer: Date: Introduction Design thinking is the strategic approach applied by businesses to encourage innovativeness through the effective utilization of human resources. This is accomplished by evaluating and combining people’s needs, innovation opportunities and the necessities for business success (Brian, 2010)…
The possibility of the rights of co-ownership between Susan and Edward is first ruled out given that Edward was the sole Registered Proprietor of the Columbus Farm and Susan had no legal ownership of the farm. Based on the mirror principle, the idea or concept that land is registered implies that the registration reflects the totality of interests and rights regarding the title of the land.
An ad campaign takes up its formation by way of different media, which is carried out in a specific frame of time (Breaking Travel News, 2013; Roger, 2010). In this study, the main idea pertaining to a latest ad campaign launched by British Airways will be summarised and discussed upon in a formative manner.
Design thinking is a relatively new and contemporary way of thinking, but is catching on very fast. Nowadays design thinking is used in a range of places that is institutions, organizations and businesses. More so, design thinking is advisable to upcoming designers as it is believed that if a designer knows how to approach problems and have an idea how to solve those problems businesses will grow quickly.
Management accounting is a branch of accounting, which is mainly dealing with various managerial aspects mainly handled by the managers within the organization, which is essential for taking appropriate decisions. The concept of management accounting is under the control of Management accountant who is responsible for the preparation of financial statements, and management accounting report for taking appropriate decisions.
for the product advertisements, Vin Diesel, Amie is somewhat plagued by an ethical dilemma in which she perceives a certain level of dishonesty on behalf of Laird & Laird. Vin Diesel has fulfilled the legal requirements of the upcoming endorsement by signing a statement swearing
s a key promoter of innovation across different platforms, as well as providing solutions to a number of complex problems that business face within the modern day world. As such, a number of top business schools across the world, as well as engineering and design schools are
Design thinking is one of the skills required. Further, it is more accessible and is viewed as a central activity of engineering. Many scholars have argued that engineering and other programs should graduate students
Instead of focusing on solving a particular problem, design thinking has a wider goal of obtaining a better future outcome. Through a consideration of the future and present conditions and the parameters of a problem, a simultaneous exploration of alternative solutions
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