When design principles are applied to strategy and innovation the success rate for innovation dramatically improves. Design-led companies such as Apple, Coca-Cola, IBM, Nike, Procter & Gamble and Whirlpool have outperformed the S&P 500 over the past 10 years by an extraordinary 211%, according to a 2015 assessment by the Design Management Institute.
Due to the remarkable success rate of design-led companies, the design has evolved beyond making objects. Organizations now want to learn how to think like designers and apply design principles to the workplace itself. Design thinking is at the core of effective strategy development and organizational change.
Great design has that “wow” factor that makes products more desirable and services more appealing to users.