Publication Type
Magazine Article
Version
Publisher’s Version
Publication Date
5-2019
Abstract
The air was still, and I was going nowhere with the session until I asked the participants about their kids instead of talking more about the bank. The conversations soon turned chirpy as the mothers in the group spoke over one another, sharing their hearts out about their children and their hopes for them. I felt I had unlocked something new, even though this should have been obvious as this is a very family-oriented country. This experience was part of our transformation project for a Southeast Asian bank that would reshape its digital, brand and customer engagement strategy through a systemic design-thinking method, also known as ‘business design’. We then changed the core driving strategy for the bank to, ‘doing it with your heart to inspire the next generation’. The shift in approach helped to unite the different factions during the change process. Now the bank is an award-winning institution with an extensive social impact programme. This experience affirmed my belief in the value of empathy in the design-thinking process to shape common action.
Discipline
Growth and Development | Technology and Innovation
Publication
Asian Management Insights (Singapore Management University)
Volume
6
Issue
1
First Page
82
Last Page
87
ISSN
2315-4284
Publisher
Singapore Management University, Centre for Management Practice
City or Country
Singapore
Embargo Period
6-26-2019
Citation
Chong, Lawrence.
A better economy by "Design". (2019). Asian Management Insights (Singapore Management University). 6, (1), 82-87.
Available at: https://ink.library.smu.edu.sg/ami/114
Copyright Owner and License
Singapore Management University
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://cmp.smu.edu.sg/ami/article/20190522/better-economy-design