________? Sources - This means getting ideas from your own strengths and weaknesses. The ideas come from stakeholders within the business and from the entrepreneurs own experience
Internal
_______ _________ is an innovative, non‑linear approach to the development of products and services which focuses on solutions for the end user.
Design Thinking
•A _________ study helps test if an idea is workable, profitable and sustainable before investing time and money.
feasibility
True or False: Competitors, Customers, Market Research and Skills & Experience are all external sources for idea develeopment.
False - Skills and Experience is internal
A city wanted to encourage more young adults to use their libraries. A design team was asked to propose changes. Rather than studying current users in detail, the team jumped straight into brainstorming possible improvements. They imagined gaming corners, pop-up cafés, study pods, and book-swapping zones.
The designers worked on mood boards, sketches, and 3D models to bring these ideas to life. None of the ideas were judged too early; instead, the focus was on generating creative, practical solutions that could be adapted later. By concentrating on solutions first, the team developed a wide range of potential designs that could be tested for feasibility afterwards.
Which element of design thinking is shown here?
Solution‑Centred
Name two areas that a feasibility study should examine.
Financial
Market
Lega
Production
Environmental
Read the scenario and decide where the idea came from and if the idea is internal or external:
Bill Gates began programming at 13 years old. This interest led to him setting up Microsoft.
Internal
AND
Specifically Hobbies and Interests
Outline what 'iterative' means in relation to Design Thinking.
Uses repeated cycles of prototyping, testing, refining, and retesting until a practical, user‑approved solution emerges. Re-visiting previous steps again and again until they are happy.
Distinguish between market feasibility and financial feasibility.
Market feasibility looks at demand (customers/competitors), while financial feasibility looks at profitability (costs vs income).
Describe import substitution and give an example also.
Creating a homegrown alternative to a product from abroad. E.G. Fulfill protein bars.
Do the 4 stages of Design Thinking have to be in order?
&
Can you skip a step going forward?
Yes- the 4 stages of Design Thinking have to be in order.
&
No - you can go backwards (non-linear) as many stages as you need but, you cannot skip a step of design thinking going forward as all steps are crucial before implementing.
Analyse the risks of skipping the environmental feasibility stage in a new product launch.
Risks include regulatory fines, damage to brand reputation, consumer backlash, and long-term unsustainability (e.g. banned materials, high waste).
Outline the 5 factors that influence idea development
Organisational Culture: The leadership style in a business shapes how willing staff are to offer new ideas.
Availability of Resources: Without time, funding, or skilled people, it’s hard to develop ideas.
Market Trends and Consumer Behaviour: When consumer habits shift, so do opportunities.
Technological Advancements: New tech unlocks new industries.
Legal Requirements: Sometimes a great idea can’t progress due to outdated laws.
Outline the 4 stages of Design Thinking
1. Clarify: Gain a deep understanding of the current problem from the user’s perspective through surveys, observation, or other research.
2. Ideate: Hold creative brainstorming sessions to explore multiple potential solutions to the current problems users have with a product/service/process
3. Develop: Turn top ideas into early prototypes—these can be sketches or first working models, to see what it works like, looks like and to test it’s functionality.
4. Implement: Test prototypes with real users, gather feedback, and refine repeatedly until the solution meets their needs.
Outline the 5 areas to check feasibility of, to evaluate an idea.
Market Feasibility: Investigates whether customers actually want or need the product.
Production Feasibility: Assesses whether the product or service can actually be built or delivered with available resources.
Financial Feasibility: Looks at the cost to start and run the business, compared to expected income.
Environmental Feasibility: Assesses the potential impact on the environment and how the idea aligns with sustainability goals.
Legal Feasibility: Checks if the idea meets current laws or regulations or if there are any legal issues that would prevent it from being possible/add costs.