Tuesday, April 21, 2015

Week 8 - Lecture about solutions for Design Challenge 2

New lesson learn…
Today, Cara gives us samples and insight many approach ways to solve the DC2. Fantastic!

Possible Solutions for Design Challenge 2 can bein 4 ways:
1. Physical Environment, e.g.: UMPQUA Bank
2. Business Process & Model, e.g.: TESCO (Korean Woolworths)
3. Market Segment, e.g. : (PS + xBox) vs Nintendo Wii
4. IT-enabled, e.g.: kate spade NEW YORK

From those solutions, the UMPQUA example is so amazing for me. In just 10 years this local bank can increase it asset at $140 million in 1996 to $6 billion in 2006. It’s fantastic. Find out more info on YouTube. They are super duper great example of improvement. Feel amazed.

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