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	<title>Raitis Linde &#187; Business Models</title>
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		<title>Tangible Business Model</title>
		<link>http://blogs.fifix.net/2009/11/21/tangible-business-model/</link>
		<comments>http://blogs.fifix.net/2009/11/21/tangible-business-model/#comments</comments>
		<pubDate>Sat, 21 Nov 2009 13:15:31 +0000</pubDate>
		<dc:creator>Raitis</dc:creator>
				<category><![CDATA[Business Models]]></category>
		<category><![CDATA[Itpd]]></category>
		<category><![CDATA[Mock-up]]></category>
		<category><![CDATA[Product Design]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business model]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[matrix]]></category>
		<category><![CDATA[user research]]></category>

		<guid isPermaLink="false">http://blogs.fifix.net/?p=56</guid>
		<description><![CDATA[In this course we wanted to discover how can one integrate business thinking in a user-driven innovation process?
We were introduced with local company, who has made innovative daylight solution.  We ITPD students were merged with students from Innovation &#38; Business studies. Our main task was to determine the market (Schools, Hotels, Hospitals etc.) where company [...]]]></description>
			<content:encoded><![CDATA[<div class="wp-caption alignright" style="width: 310px"><a title="DSC_0103 by ITPD 2011, on Flickr" href="http://www.flickr.com/photos/itpd2011/4077032991/"><img src="http://farm3.static.flickr.com/2798/4077032991_0313e190ff.jpg" alt="DSC_0103" width="300" height="200" /></a><p class="wp-caption-text">Testing Business Models and our findings</p></div>
<p>In this course we wanted to discover <em>how can one integrate business thinking in a user-driven innovation process</em>?</p>
<p><span style="background-color: #ffffff;">We were introduced with <a title="Servodan" href="http://www.servodan.dk/?lang=en">local company</a>, who has made innovative <a title="Servodan Daylight" href="http://www.servodan.dk/upload/brochure_-_luxstast_led_wireless_[gb].pdf">daylight solution</a>.  We <a title="IT Product Design programme" href="http://www.sdu.dk/Uddannelse/Fuldtidsstudier/Kandidat/IT_produktudvikling.aspx?sc_lang=en">ITPD students</a> were merged with students from <a title="Innovation &amp; Business" href="http://www.sdu.dk/Uddannelse/Fuldtidsstudier/Kandidat/Innovation_and_Business.aspx">Innovation &amp; Business studies</a>. Our main task was to determine the market (Schools, Hotels, Hospitals etc.) where company should expect the largest <a title="Return On Investement" href="http://en.wikipedia.org/wiki/Rate_of_return">ROI</a>.</span></p>
<p><span style="background-color: #ffffff;">Project was organized in <a title="Matrix project organization type" href="http://en.wikipedia.org/wiki/Matrix_management">matrix type</a>, so each of us were in both functional and project teams. I was in User Research and in the same time <a title="original equipment manufacturer - OEM" href="http://www.webopedia.com/TERM/O/OEM.html">OEM</a> teams. In <em>UR</em> team I was able to discuss and share methods for researching users. In OEM team I was able to discuss which companies to visit, what kind of information to get, which was expected to result in tangible business model which should provoke discussions between all stakeholders.</span></p>
<p><span style="background-color: #ffffff;"><strong>User Research Methods</strong></span></p>
<p><span style="background-color: #ffffff;">In the beginning of the project the excitement was so high that I was willing to test all (known to me) <em>UR </em>methods.</span></p>
<p><span style="background-color: #ffffff;">Research tools [<a title="Elements of User Experience" href="http://www.jjg.net/elements/">Elements of UX</a>, p.51]:</span></p>
<ul>
<li><span style="background-color: #ffffff;">surveys</span></li>
<li><span style="background-color: #ffffff;">interviews</span></li>
<li><span style="background-color: #ffffff;">focus groups</span></li>
<li><span style="background-color: #ffffff;">user tests</span></li>
<li><span style="background-color: #ffffff;">field studies</span></li>
</ul>
<p><a title="Video tools for researching users" href="http://blogs.fifix.net/2009/11/14/video-specifications/">Video tools</a></p>
<ul>
<li><span style="background-color: #ffffff;">usability testing</span></li>
<li><span style="background-color: #ffffff;">scenario design</span></li>
<li><span style="background-color: #ffffff;">ethnographic field studies</span></li>
</ul>
<p>However, due to a lack of time and short meeting sessions between team members (we and I&amp;B students had different time schedules) we spent most of the energy getting to consensus and deciding how a work should be done. This resulted in some overlays of our work. That should be kept in mind for the next projects, that clear, agreed roles and a strategy in the beginning is important <img src='http://blogs.fifix.net/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<div class="wp-caption alignright" style="width: 310px"><a title="DSC_0080 by ITPD 2011, on Flickr" href="http://www.flickr.com/photos/itpd2011/4077784236/"><img src="http://farm3.static.flickr.com/2568/4077784236_4330c2d14c.jpg" alt="DSC_0080" width="300" height="200" /></a><p class="wp-caption-text">Tangible Business Model</p></div>
<p>And one more thing that I would do next time after we have consensus &#8211; making more research on company&#8217;s solution, so there would not be a need to ask simple questions for company about them in the middle of project.</p>
<p>So in the end we ended up with some interviews, daylight solution research and business model testing in the end. Some teams used <a title="Personas" href="http://www.interaction-design.org/encyclopedia/personas.html">Personas</a> and Scenarious to present their ideas and users.</p>
<p>Our business model had a matrix structure as well and it showed how effective going into a specific market (Architects, Offices, Wellness centers etc.) would be if parameters of Customization, Visual Perception, Cost etc. would be changed.</p>
<p><span style="background-color: #ffffff;">You can get insight of our project in my <a title="Business of Design - Tangible Business Model" href="http://www.flickr.com/photos/43090872@N06/sets/72157622704705762/">Flickr &#8220;Business of Design&#8221; set</a>. Or our <a title="ITPD Business of Design" href="http://www.flickr.com/photos/itpd2011/sets/72157622664942538/">course&#8217;s Flickr set</a>.</span></p>
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