Innovation for addressing a new demand for a sustained period - Deepstash

Innovation for addressing a new demand for a sustained period

Trendsetter: Developing entirely new products or services that will continue to be in high demand post-pandemic.

  • The U.S., Massachusetts General Hospital (MGH) began a new effort to offer telemedicine appointments during the pandemic. 
  • Doctors and nurses were required to learn how to use this new technology, develop new skills for providing care, and implement new routines to satisfy the emergent demand.
  • Competitive advantage by improving the user experience, reducing overhead, and satisfying its health customers by offering patients more flexibility in scheduling appointments.

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gautamjayasurya

Consume | Reflect | Create

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Innovation for addressing a new demand for a temporary period

Trailblazer: Use existing resources to solve new problems they had never tackled before. 

  • Dyson, a company famous for innovation, saw that the world needed more medical equipment during the pandemic and recognized that it could produce ventilators. 
  •  Dyson deve...

Innovation for addressing a pre-existing demand for a sustained period

The Optimiser: Reconfigure resources to satisfy existing sustained customer demand, by increasing the efficiency by which they deliver these products and services.

  • Ikea, which had previously invested in augmented reality to help customers choose furniture without physi...

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