Pankaj Deshpande

Innovation is the fuel that runs the engine of any industry. Like any other industry, innovation is extremely important in the design industry as well. Technological innovation in the design industry is the modifications, computer advancements, and creativity to gain business innovation. Innovation design's sole purpose is to devise a technologically viable design, feasible business strategy, and gain value in the market. We see innovation in design in almost every website we use, like the website or every game we play. It is observed in card games like the Potato pirates and many more. With innovation by its side, the design industry has seen a boom in its growth and creativity. The importance of innovation in design could be highlighted from the following points: Creative Structure of a Product  The design industry is aimed at forming the structure and focus of a product. These two qualities of focus and structure need innovation to be unique and feasible. Without technological i...

Everyone in their businesses desires positive change. Business innovation refers to the process in which new practices, new services, new technology are introduced to grow a business. Technological innovation is being emphasised across the globe to flourish one's own business. 84% of executives have already realised the significance of innovation in their growth strategy, according to a survey by McKinsey. The following points will justify how innovation can help your business to grow- Improvement in sales  Companies that use an innovative model for targeting audience using customised strategies are more trending and captivates the interest of customers. Ads will channelise more consumers to the company; sales of a company are likely to increase. More the revenue more will be the profit.  Reduction in wastes and costs Technological innovation is done with the purpose to be environment-friendly, and with the environmentally friendly procedure, the wastage is likely to be reduce...

Today, many big MNCs have set new trends to introduce various innovative ideas, which has helped those companies reach a new height of success. Innovation Thinking basically includes the usage of unique concepts to implement or introduce new products by making them more efficient. According to various studies, it was concluded that nearly 90% of businesses innovation is important in many ways for the business-like for: Creative Development Reinforcing the brand Responding to the trends and competition Continuous Improvement Just like a human needs the backbone to support the human body; similarly, team innovation is also needed to support the business and also for its success. Innovation Thinking helps a business in preparing for hidden opportunities or threats, identifying loopholes and taking advantage for business to grow, and many more. Now that it is clear that innovative thinking does help in real, so mentioned below are the ways to promote and encourage innovative thinking in th...

The rising population and the advancement of technology to create sleek products have given rise to a new methodology and named it Design Thinking. The process of design thinking involves observing the priorities of consumer's needs and challenges and applies a creative approach to come up with innovative solutions to make the user's experience elegant. The concept of design thinking is highly crucial in various complex systems because: It aims at solving the concrete human demands. It tackles difficulties that are complex to define. It accompanies more ingenious solutions. It makes organizations run more efficiently. So, to make it easy, we have mentioned design thinking ways to make it easy to improve organizational culture. These are - Creates a Culture of Collaboration : The design thinking process motivates open collaborations. Instead of keeping everything in one hand, design thinking turns the table of organizational culture table towards the ideology of one that encoura...