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Why Peru – Home to 8.7 million people with GDP of $203.8 billion
• Categorized as upper middle class income country
Cineplanet • Middle class families physically and financially secure to spend on
wants to entertainment needs
partner with • Increased disposable income allowed Peruvians to spend more money on
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• Empathy – Better understanding of the customers needs and wants and it has to be
Core as accurate as good. IDEO insists on getting as much data as possible by increasing
elements of the spread by not limiting to average customers but also collecting data from the
extreme customers. Adopting convergent and divergent strategy in the design
IDEO’s process helps to identify a broader picture and to narrow it down to specifics so that
human- nothing is left alone
centered • Learning from failure – According to IDEO, “Being perfect is not perfect”. If at first
an idea does not sound absurd, then there is no hope for it. Lot of ideas are being
innovation welcomed for testing and if it fails there can be scope for improvement. Success
comes from iterative approach is the distinctive approach to innovation process
• Collaborate and Taking ownership – Continuous involvement of the clients in every
aspect of decision making process and prototype testing so that a sense of
ownership and alignment to the business requirement is always maintained and any
deviation can be noticed then and there. Also risk sharing can also be ensured
between IDEO and the clients
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• Being optimistic to embrace ambiguity – Employees in IDEO are always capable in
Core starting from scratch even when they are blank as a white paper. The staffing had
elements of been the top most priority for IDEO ever since as they want people to have world
class competency in one thing and fluent in many other things, they call it T-shaped
IDEO’s profile. Hence by collaborating with each other they will be able to solve any kind of
human- problems since as a team they are competent in everything
centered • Starting with self – IDEO focussed on designing the internal process and
procedures first as they understand the client’s business requirements better and to
innovation serve better. IDEO follows a flat organizational structure where information flows are
(Cont…) better and they can have an experience rather than success in each and every thing
and that too mutual sharing is possible from top to bottom in the organisational
chart. Team selection also follows ‘human’ way where employees can be able to
work according to their passion and shape their careers rather than mechanised
standard processes
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Thank You