Business Design

Designing for viability

95% of innovation efforts fail. That is a grim statistic. It is true; many fail because they launch products or services that people do not find desirable. However, a significant number also fail because they are not viable or feasible. They can’t make a profit, or they realize they were not a credible or capable source of this innovation. These are typical topics of Business Design. In EGGS, we have set two goals with our approach of Business Design; ensuring targeted business effects from design work and contributing with creativity to business development.

Why business design to innovate?

Handeling fast change, and combating short-termism

Your business operates in a world of exponential change. If you resemble most of our clients, you have realized that this change has resulted in,if not chaos, then ambiguity. It has become tough to plan. Tough to create strategies. To regain control, you may have resolved to shorten the planning horizon and tightening the budget (let’s sprint people!). You may already have realized that a side effect to this tactic is “short-termism”, a reduced focus on building a robust and lasting competitive advantage.

Merging tools of design with business acumen

You can regain overview, clarify strategic alternatives and ensure long term robustness if you include design methods in your business tool box. We experience that executive teams more often include designers in their strategy and innovation processes. The Business Design discipline has emerged as a necessary facilitator for this. By mixing the mindset and tools of design with business acumen, a business designer can be your advocate in the creative process whether the outcome is finding or implementing new value.

Business design in creative teams

Business Design is a natural component for any creative team, ensuring the alignment of the design work to the strategy and goals of your business. Contributions to classic phases in design and development can be;

  • Framing –Understanding your desired business outcomes and current capabilities

  • Insight -Expanding research beyond users and into ecosystems & value transactions

  • Ideation -Challenging business concepts and aligning ideation to business outcomes

  • Design -Complementing value proposals with how to create, deliver & capture value

  • Validation -Scientific testing of assumptions to build confidence in the design concept

  • Implementation -Following up to ensure you reach the desired outcomes -Design ROI

Getting creative about business problems

Here are some of the project types where we have found Business Design to be particularly valuable;

  • Venture Design -Creating a new venture from a business idea

  • Exploring new growth -Identifying, investigating and conceptualizing profitable growth

  • Platform Design -Exploring and building platform business models

  • Designing Strategy -Facilitating & contributing to the forming & execution of strategy

  • Organizational Design -Helping design the organization needed to deliver new value

EGGS Design is part of the frontier in discovering, designing and delivering on this new role for design and designers.

Sounds interesting?

Ellen Lidgren

Have a chat with our Co-CEO
Ellen Lidgren
+47 415 20 326

We use cookies to ensure you get the best experience on our website. If you continue to click on this page, you accept the use of cookies. Read more about our cookie policy and our privacy policy.

Got it!