Sse strategy languagelab.com_2011.ppt
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The document discusses strategy and its relationship to vision, mission, and business model. It defines strategy as concrete ideas that help organizations and people within choose a business model and tactical activities to move forward. Strategy states clear objectives, scope, and competitive advantage. Vision reflects what a company wants to be in the future by combining core values and purpose with goals. Mission is the broadest concept describing why a business exists without details. The business model is the most concrete choice defining customer value, profit formula, key resources and processes. The document provides an example of Languagelab.com's mission, vision, strategic focus, and business model which aims to provide low-cost virtual language learning.
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Gain an in-depth understanding of design thinking tools and use them effectively to solve complex problems
Explore design thinking through hands-on activities
Develop a process of systematic ideation that can result in patentable and profitable ideas
Internalize the core concepts of design thinking - empathy, brainstorming, prototyping, and storytelling
Listen to the customer (Internal and external) — empathize to understand hidden/latent needs
Evaluate financial viability of a new product or service
Measure risks involved in design assessments
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
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(i.e., industry structure in the language of economics).
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