Design Products That Won'T Become Obsolete


credit:

There's a new kid on the block: products that grow.

In a Harvard Business Review article titled "How to Win in a Changing World," Vijay Govindarajan and coauthors lay out a series of steps companies can take to position themselves for success in a world where "flexibility, durability, and environmentalism" are more important than ever, and in which products that grow offer "more value than products that aren't designed to change."

Examples of products that grow include smart fridges that can adapt to ever-changing weather conditions; cars that can be controlled from the comfort of your own home; and, of course, the Little Red Wagon.

"Today all kinds of products adapt and change to suit users' evolving needs," the authors write.

"At the same time they help companies forge deeper customer connections, respond quickly to market changes, and continually innovate."

In short, products that grow offer more value than products that aren't designed to change.

"In a market that increasingly emphasizes flexibility, durability, and environmentalism, companies that make the shift from static offerings to products that grow will position themselves for success," the authors write.

Click for their full article.

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Crayola, Space4All, Blue Origin's Club For the Future, Kennedy Space Center ...

Crayola, Space4All, Blue Origin's Club for the Future, Kennedy Space Center Visitor Complex Announce Partnership to Champion the Importance of Creativity in Space.Crayola Creativity Week is a free,...more

Call For 2025 Amchp Annual Award Nominations Extended to January 13

Call for 2025 AMCHP Annual Award Nominations Extended to January 13.Candidates must be able to record the lecture for distribution during the AM CHP Annual Conference in March 2025.Watch the...more

Only 20% of Ai Devices For Children Used Pediatric Data to Train: 3 Notes

The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience.Sign up for our Free E-Newsletters to stay up to date on the latest hospital news.The...more

Baby Products Market to Reach Usd 575.8 Billion by 2033

Asia-Pacific emerged as the largest regional market in 2023, holding a 43.6% share and generating USD 140.1 billion in revenue.E-commerce contributes nearly 30% to global baby product sales.Parents...more

Ge Appliances 'Elf-Gineers' Adapt Toys For Disabled Children

Customized toys are expensive to buy, so they made more than 100 for Louisville area children.GE Appliances engineer Steven Budelsky is among those who made mechanical and electrical changes to...more

Children's Wellbeing and Schools Bill: Child Protection, Education and Teacher Support

The bill, presented by Education Secretary Bridget Phillipson, aims to strengthen child welfare, safeguarding, and educational standards across England. Here are the key components: Child Protection...more

Unicef Venture Fund Ai and Blockchain For Data and Trust ($100K)

The UNICEF Venture Fund is looking to invest in Open Source frontier technology solutions that have the potential to create radical change for children.They are offering up to US$100K in equity-free...more

Kaira Looro Is Seeking For Innovative Designs For Nursery Schools in Sub-Saharan Africa

The Balouo Salo Non-Profit Organisation has launched the 2025 edition of the Kaira Looro Architecture Competition for Nursery Schools.The competition invites architects, students, designers,...more

The Arla Bovaer Case Highlights A New Frontier For Agrifoodtech: Combatting Misinformation

The Arla Bovaer case highlights a new frontier for agrifoodtech: combatting misinformation.New technologies, particularly in food, ag, and climate, are uniquely vulnerable to...more

Soar Network Innovation Grant to Lifesports

The Ohio Department of Mental Health and Addiction Services (OhioMHAS) awarded a $250,000 SOAR Network Innovation Grant to LiFEsports.Coach Beyond offers training designed to go beyond X's and O's...more


Children News from...




Social Entrepreneurship
Spotlight



Prisons and Social Enterprise


Getting Out and Staying Out, co-founded by Tony Smith of the VSA Consulting Group, works to reduce recidivism rate among men at Rikers Island, New York City. The recidivism rate significantly dropped from 60-plus percent to under 20 percent, with more than a thousand men over a span of  eight years.



Federal Government Grant and Assistance Programs


Mortgage Insurance_Cooperative Projects | Law Enforcement Assistance_FBI Advanced Police Training | Grants to State Sexual Assault and Domestic Violence Coalitions | Academic Exchange Programs - Special Academic Exchange Programs | | Affordable Care Act (ACA) Advanced Nursing Education Expansion Initiative | ARRA - Maternal and Child Health (MCH) Pediatric Research Network Program | Longshore and Harbor Workers" Compensation | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders