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

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 developed an entirely new ventilator design — one that could actually be produced at a fraction of the cost of previous designs due to limitations in resources. 
  • Alcohol distilleries producing hand sanitiser, fashion brands producing masks,
  • Pharmaceutical companies repurposing drugs to alleviate COVID-19 symptoms.

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Adapters: Deliver the same products or services but likely with fewer resources

  • Restaurants creating outdoor dining and consumer-goods 
  • Reckitt Benckiser ramping up production of Lysol disinfectant spray to keep up with global demand
  • Flour, a bakery group based in Bost...

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 r...

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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