Warby Parker’s Recipe for Innovation
How does Warby Parker keep innovating? In the words of founder Neil Blumenthal, the company “thinks like a beginner.”
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Competition is cutthroat in the consumer app industry. The Apple Store now has a selection of 1.8 million apps, while Google Play boasts almost 2.5 million to choose from. Even if you can get a consumer to download your app, about 85 percent of them will abandon it within 30 days. These figures explain why only 0.01 percent of consumer mobile apps are considered a financial success by their developers.
Read MoreWhen AI and Design Thinking Collide
Artificial intelligence (AI) and design thinking both top the list of 2019’s most buzzed about business trends.
Read MoreThe 4 Mindsets of Design Thinking
Design thinking is a powerful business tool that can blaze paths for growth, reduce risk and increase customer loyalty. But making it a part of company strategy requires more than a directive from the top. To create a culture in which design thinking flourishes, employees need to be trained and empowered to think differently.
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