Purpose  Scaling a venture and ensuring its sustainability requires strategic thinking, financial planning, and collaboration. In this discussion,

 

Purpose 

Scaling a venture and ensuring its sustainability requires strategic thinking, financial planning, and collaboration. In this discussion, you will revisit the collaborative brainstorming process introduced in Unit 3 as part of the design thinking methodology. By returning to a collaborative space, you will refine your scaling, sustainability, and funding strategies, addressing pain points and leveraging constructive feedback from peers. This process reinforces the iterative nature of design thinking, helping you push through challenges and strengthen your plans for long-term growth and resilience. 

Task 

This discussion focuses on applying design thinking principles to collaboratively refine your scaling, sustainability, and financial strategies. Building on your work in earlier discussions, you will share key components of your strategies and receive constructive feedback to address challenges and improve your approach. 

In your initial post, address the following: 

  • Refer to your Innovation Concept assignments and describe the organization, the idea, and the user group it serves.
  • Share one key component of your scaling strategy.
  • Share one key component of your sustainability plan.
  • Describe one funding strategy you are considering and explain why it aligns with your goals.
  • Identify one specific challenge you foresee in implementing these strategies and ask for peer feedback or suggestions to address it. 

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