When Will the Design Innovation Bubble Burst?

By Guest Author Soren Petersen

Return on investment is diminishing for all businesses and investors are rushing to Silicon Valley startups to improve their portfolios’ performance in the hunt for profit. High profile successful startups, such as AirBnB, Uber, and Tesla may mistakenly lead investors into believing that by applying design, innovative startups can dramatically change the odds of creating breakthrough innovations and successful businesses. What will happen when the music stops and there are just too few chairs to go around? >>>

Passion Creates a Bonanza of Breakthrough Innovations

By Guest Author Soren Petersen

Passionate, small, inter-dependent project teams can turn on a dime, and by keeping their eyes on the ball, get to bat more often and to impact the world in meaningful ways. Collaborative exploration is now changing how we think about and approach innovation and competition is quickly becoming an outdated paradigm. >>>

Indian Cab Company Uses Biometrics to Improve Security and Service

By guest author and 1M/1M member Pinky Thakkar

Meru Cab, the largest taxicab company in India, needed an effective way to identify and monitor its more than 5,000 drivers. To ensure high-quality service, the company terminates its agreements with drivers who seriously violate its customer service standards, and blacklists them for future employment with the organization. >>>

Pinky Thakkar

 Pinki Thakkar is the founder and CEO of 360 Biometrics and PronounceNames.com.

Seven Steps to Apply Design Economically in Startups

By Guest Author Soren Petersen

Startups’ biggest challenge is designing a Minimum Viable Product (MVP) and using it to prove that a niche with paying customers can be profitably acquired. Seemingly, the more innovative the product is, the harder the initial early adopters are to locate and learn about their needs, wants and desires. For example, few knew they needed a Facebook page or a Tesla sports car before they experienced them. >>>

Top 10 Reasons Why Product Development Projects Fail

By Guest Author Steve Owens

The sole purpose of product development is to generate a positive return on investment. Consequently, it is interesting to note that more than 70% of product development projects fail to produce a positive return on investment. Product Development is risky and always requires some trial and error. However, great companies continuously improve, and product development is certainly an area where opportunities for improvement abound.  It is important to treat product development failures the same as other challenges in business. It is essential to understand what went wrong, why it went wrong and what can be done to prevent it from going wrong next time.   >>>

Steve Owens

Steve Owens is the Founder of Finish Line Product Development Services. Steve has over 30 years of successful product development experience >>>

Poornima Vijayashanker

Poornima Vijayashanker is currently the founder at Femgineer, an education startup that helps empower engineers, founders, and product leads to transform their ideas into tangible, high-impact products. >>>