Reference no: EM133735973

Homework: Design Thinking in Practice Worksheet

Important note: I would provide you with three logbooks answered I need u to answer a new one based on them, don't use AI, read the instruction the copy where it says group logbook is the one that needs solving, the other three is to help u solve it

Purpose:

This team project is a continuation of Project: Design Thinking in Practice. Business opportunities are like air - they are always around, even though you may not realize it. What sets entrepreneurs apart from everyone else is their ability to see the potential that others overlook and then take the bold steps necessary to get the business up and running. In the Opportunity Analysis Project (OAP), your team will identify pathways to contribute to entrepreneurial ecosystems and innovation clusters and apply entrepreneurial mindsets, methods, and abilities to differentiate between an idea and a viable opportunity.

Task:

Working in the same teams as Project, your team will leverage the many tools that they have learned so far in the course.

Part A: Individual Logbooks

Team members will complete individual logbooks as a separate homework to support the team opportunity analysis. (See Project: Individual Logbook Homework for details)

Part B: Group Logbooks

Team members will work collaboratively to synthesize their individual logbooks to move a solution forward as the most promising opportunity to pursue.

Teams will:

1) Compare and contrast their individual HMW questions from the individual logbooks

2) Create a plan for converging their ideas.

3) Pitch their individual solutions to the group and then;

4) Select and develop one solution for the problem identified in one of the stakeholder POVs from Project 1 and more fully explored in the individual logbooks

5) More fully analyze the opportunity using the Needs, Approach, Competition, Benefits (NACB) method

6) Create a product demo that realistically shows how the product or service will work

7) Create a pitch deck for the opportunity

8) Reflect on whether or not this idea is a true opportunity that can be turned into a scalable enterprise.

Part C: Group Pitch Presentation

An important part of being an entrepreneur is pitching or making the case for the product, service, or idea you intend to sell. Use the skills, knowledge, tools, and techniques gained in the course to prepare a group pitch for their innovative concept.

Each team will:

1) Each Team will be given five minutes to pitch their project during lab, followed by a question/answer session.

2) The pitch should engage the audience and make a case for the team's product/service/idea.

3) Pitch deck: a presentation deck used to pitch your idea or company.