design thinking - fundamentals and in banking

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Design Thinking ~ Inez Cahyani ~

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Page 1: Design Thinking - Fundamentals and in Banking

Design Thinking

~ Inez Cahyani ~

Page 2: Design Thinking - Fundamentals and in Banking

The hot coffee cup saga

Putting on the Design Thinking cap…

The way we usually approach it…

1) Observe the caffeine addicts

2) Eh…? AHA!!!

3) Tinker tinkering…

plastic handle

1) Research on how heat spreads

2) Calculate distance travelled based on volume

3) Propose…Thicker cup?Cup with vacuum / or air bubbles?

Page 3: Design Thinking - Fundamentals and in Banking

The Design Thinking DNA…

Observation

Immersion

Self-documentation

1. Empathize

Functional

Events

Say/do

Think

Feel

Empathy Map

Functional

Functional

Cognitive

Emotional

User Journey Map

Page 4: Design Thinking - Fundamentals and in Banking

The Design Thinking DNA…2. Ideate

Point of View (POV)User + need + insight

characteristic underlying causecognitive Brainstorming

POV ConceptsIdeas

Brainstorming DO(s):

One conversation at a time

Stay focused Defer judgment Encourage wild ideas

Build on other’s ideas

Go for quantity

Page 5: Design Thinking - Fundamentals and in Banking

The Design Thinking DNA…2. Ideate Synthesize

functional emotional

3. Prototype

Page 6: Design Thinking - Fundamentals and in Banking

Design Thinking for me

Empathy lens

Page 7: Design Thinking - Fundamentals and in Banking

Feasibility

DesirabilityViability

Ethos (values)

Pathos (emotion)

Logos (logic)

1. Empathize 2. Ideate 3. Prototype

Page 8: Design Thinking - Fundamentals and in Banking

Design Thinking in Banking

Page 9: Design Thinking - Fundamentals and in Banking

DESIGNBOOM x DEUTSCHE BANK Future Banking Competition

2000 participants 80 countries

2014 winner: LIFEWIRE by Marita Mitrovic – the Netherlands

Page 10: Design Thinking - Fundamentals and in Banking

IDEO Banking Projects: ATM Interface for Wells Fargo

Page 11: Design Thinking - Fundamentals and in Banking

IDEO Banking Projects: PI Payment Platform and POS Device for Commonwealth Bank of Australia

Page 12: Design Thinking - Fundamentals and in Banking

• Virtual crash course from Stanford Universityhttp://dschool.stanford.edu/dgift/

• IDEO – the renowned practitionerhttp://www.ideo.com/sg/

• Deutsche Bank Future Banking competition shortlisthttp://www.designboom.com/competition/deutsche-bank-future-banking/

If you prefer hard copy…• Tim Brown, Change by Design: How Design Thinking

Transforms Organizations and Inspires Innovation, HarperCollins, 2009

• Schatt Dan, Virtual Banking: A Guide to Innovation and Partnering, Wiley Finance, 2014

Your Quick Guide to Design Thinking