Design thinking
What is it?
Design thinking is a human-centered, iterative approach for solving complex problems and designing new opportunities. It combines empathy for users, multidisciplinary collaboration, and experimental prototyping to create solutions that are desirable, feasible, and viable. In a business context, design thinking helps organizations validate ideas before heavy investment and redesign products or processes from the perspective of customers and other stakeholders.
Practical example
Imagine a bank wants to improve its customer onboarding process. A design-thinking team begins by interviewing and observing customers and staff to understand pain points (empathize), then defines the core problem, generates multiple concepts, and creates quick low-fidelity prototypes of alternative onboarding screens and workflows. Those prototypes are tested with real users, feedback drives iterations, and only when a solution appears both usable and economically viable is it scaled and implemented.
Test your knowledge
What is the distinguishing emphasis of design thinking in a business context?