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Innovation of Products and Services: MIT's Approach to Design Thinking
Overview
Winning companies, such as Apple, Virgin, Toyota, This project, focused on opportunity evaluation and
and others innovate continuously because of their concept development, is integrated into all course
culture of design thinking—integrating the needs of modules.
people, the possibilities of technology, and the
requirements for business success. At the end of this course, participants will learn to:
In this course, you will learn how to take a similar • Understand the design thinking process
approach in your own business—blending the • Identify and assess customer opportunities
perspectives of marketing, design overview, and
• Generate and evaluate new product and service
engineering into a systematic approach to
concepts
delivering innovation.
• Design services and customer experiences
As a core part of the course, students participate in • Evaluate product development economics
a team-based concept development project
assignment.
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Innovation of Products and Services: MIT's Approach to Design Thinking
Course Faculty
Steve D. Eppinger
General Motors LGO Professor of Management
His research efforts are applied to improving product design and development practices. Conducted within
MIT’s Center for Innovation in Product Development, his work focuses on organizing complex design
processes in order to accelerate industrial practices, and has been applied primarily in the automotive,
electronics, aerospace, and equipment industries. At MIT Sloan, Steve has created an interdisciplinary
product development course in which graduate students from engineering, management, and industrial
design programs collaborate to develop new products. He also teaches MIT’s executive programs in the
area of product development.
In 1993, he received both MIT’s Graduate Student Council Teaching Award and the MIT Sloan Award for
Innovation and Excellence in Management Education. Steve lectures regularly for international
corporations and in executive education programs, and has consulted for or conducted research with more
than 50 firms. He serves on the Research Advisory Council of the Design Management Institute and on the
Advisory Board of Directors of the Society of Concurrent Product Development.
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Innovation of Products and Services: MIT's Approach to Design Thinking
Course Highlights
4
Case Studies
1
Capstone Project
4
Individual
Assignments
(+2 Optional)
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Innovation of Products and Services: MIT's Approach to Design Thinking
Syllabus
Framework
• Three innovation challenges
- People desirability
- Business viability
- Technical feasibility
• Example of three innovations challenges:
- NEST
- AIRBNB
- APPLE
• IDEO’s Systematic Innovation Process
Applications
• Applying three innovation challenges model to a business/product/service
Applications
• Real-life application: Identify a product or service that meets a customer need
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Innovation of Products and Services: MIT's Approach to Design Thinking
• Real-world group project: Select the top-ranked ideas of your team and work on the following:
- Opportunity evaluation and concept development
- Identify needs for your project idea
- Receive reviews by other team members
Applications
• Decompose project idea into key elements
• Real-world group project: Develop a solution concept
Applications
• Decompose the movie theatre example
• Real-world group project:
- Analysis and concept development
- Map out the customer experience cycle for your project idea
- Think of innovation opportunities that stem from that cycle
05
Innovation of Products and Services: MIT's Approach to Design Thinking
Applications
• Analyze the Nespresso case from a financial perspective exercise: Make a decision if Nespresso should
undertake the recycling initiative based on how their marketing costs for recycling might change
• Real-world group project: Complete report factoring in any additional financial analysis you have learnt
Applications
• Exercises on DFE and LCA applications for a specific chosen product – optional
• Real-world group project - Final project wrap-up based on a fair assessment of all factors in the
RWW model. The project teams make the decision about 'go/no go' of their project idea with rationale
and recommendations
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Innovation of Products and Services: MIT's Approach to Design Thinking
EMERITUS follows a unique online model. This model has ensured that nearly 90 percent of our
learners complete their course.
Orientation Week
The first week is orientation week. During this week you will be introduced to the other
participants in the class from across the world and you will learn how to use the learning
management system and other learning tools provided.
Weekly Goals
On other weeks, you have learning goals set for the week. The goals would include watching
the video lectures and completing the assignments. All assignments have weekly deadlines.
Live Webinars
Every few weeks, there are live webinars conducted by EMERITUS Course Leaders. Course
Leaders are highly-experienced industry practitioners who contextualize the video lectures
and assist with questions you may have regarding your assignments. Live webinars are
usually conducted between 1 pm and 3 pm UTC on Tuesdays and Wednesdays.
Clarifying Doubts
In addition to the live webinars, the course leaders also conduct Office Hours every week or
every alternate week to help participants clarify their doubts pertaining to the content.
Follow-Up
EMERITUS Program support team follow-up over email and phone calls with learners who are
unable to submit their assignments on time.
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Innovation of Products and Services: MIT's Approach to Design Thinking
Certificate
Upon successful completion of the course, participants will be awarded a verified digital
certificate by EMERITUS Institute of Management, in collaboration with MIT Sloan.
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Innovation of Products and Services: MIT's Approach to Design Thinking
USD 1,400
2 Months, Online
Singapore residents who wish to enroll for this course will be charged GST.
Prerequisites
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Innovation of Products and Services: MIT's Approach to Design Thinking
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E-mail: info@emeritus.org
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Disclaimer: The information provided is accurate at the time of printing and is subject to change.
EMERITUS Institute of Management reserves the right to make changes without prior notice.