When you do that, you're not understanding what design with a capital D can really do for your company. It happened to me 20 years ago when I entered 3M and we redesigned a line of multimedia projectors. And just by redesigning the aesthetic and a little bit of the ergonomic of the product, we doubled the sales of that product line. But if your approach to that ROI is very myopic and you're just calculating the return of investment on a specific project, you go nowhere. Obviously, once again, it needs to be an holistic approach where you touch all the different dimensions of the brand.
Great design can reward a company’s shareholders, but “good enough” doesn’t do much. Mauro Porcini is the Chief Design Officer of PepsiCo and the author of “The Human Side of Innovation: The Power of People in Love with People.” Ricky Mulvey caught up with Porcini to discuss:
- Why investors should watch companies with great design thinkers
- The strategy behind limited-edition releases
- How wearables could change what we eat and drink
Companies mentioned: PEP, MMM, AAPL
Host: Ricky Mulvey
Guest: Mauro Porcini
Engineer: Tim Sparks
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