The impact of a design thinking approach is substantial and well-documented. For example, a study by the Design Management Institute highlights that between 2004 and 2014, design-led firms outperformed the Standard & Poor’s 500 index by a staggering 219%! Not only this, but research by Adobe reveals that over 50% of companies with a design-centric approach report enhanced customer satisfaction and loyalty, underscoring the positive impact on customer relations (Adobe Research). Data from McKinsey supports this trend, indicating that design-led organisations achieve one-third higher revenues and 56% greater returns than their competitors, highlighting the significant financial advantages of this approach (McKinsey Report).
Through our book Customer-Driven Transformation and its accompanying podcasts and blog posts, we’ve explored how design thinking can act as a driver for organisational change, translating a vision into services that will delight customers.