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Explain extensively these concepts (in your own words, explain it in brief)
-capabilities
-value creation
Step by step
Solved in 2 steps
- 2.Explain the concept of user centered design. How is it different from participatory design concept?What are prosumers? How does the culture of customization and concept of personal choice change the business landscape as a whole? Provide at least (2) examples of prosumption.Discuss the shared value creation framework. Why do you think organizations tend to focus on the creation of one type of value but not both?
- What are some opportunities and threats emerging from the external environment and can impact an organization's out come? What re some strenghts and weakness that can create or destroy value at an organization?Describe the concept of added value as the key measure to corporate succe by Kay in 1993 in value as a business concept?Give an example of value model?
- Case: Radial Bearing Team: A Manufacturing Group's Transformation to Self-Directed Work What evidence emerges that does not support SDWTs?If you were to improve/strengthen the design thinking process to make it more robust/universal, what would you change/include?Instruction: Watch the attached video on Unit VI entitled "Sustainable Leadership to transform the future | Peter David Pedersen | TEDxTokyo https://youtube.com/watch?v=7fVP23xF62Y Links to an external site. As an opinion-maker and influencer of Sustainable Business, submit a one-page Doctorate Mind, an insightful paper regarding the attached video.
- How will you contrasts Deming's Philosophy from Juran's Quality Trilogy? Are there similarities?"Cultivating Unique Resources and Capabilities can make your brand irresistible to customers" Based on the above Statement, Illustrate the Four charasristics of those internal resources. Then, differentiate the various combined implications of those resources on firm performances.How dissimilar are the two approaches to responsive design? What are the advantages and disadvantages of each option?