• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Current price of oil as of June 23, 2026
Brainstorm Design

Not Every Company Can Have a Steve Jobs. But Here’s What They Can Do.

By
Debbie Yong
Debbie Yong
Down Arrow Button Icon
By
Debbie Yong
Debbie Yong
Down Arrow Button Icon
March 6, 2018, 5:52 AM ET
Fortune Brainstorm Design 2018
008 Fortune Brainstorm Design 2018 Tuesday, March 6th, 2018 Singapore 16:35 - 17:00 DESIGNING TO WIN: WHAT EVERY EXECUTIVE SHOULD KNOW For business leaders, especially those with traditional MBA backgrounds, unlocking the power of design requires new skills and an entirely new way of looking at the world. What are secrets of senior executives who use design effectively? What are the keys to collaborating effectively with designers? Is it better for businesses to work with external designers or build up their internal design capabilities? How can managers measure the return on the investments in design? What implications will embracing design thinking have for corporate structure and culture? Derrick Kiker, Leader, McKinsey Design (Asia Pacific); Partner, McKinsey & Company Jeanne Liedtka, UTC Professor of Business, Darden School of Business, University of Virginia Interviewer: Alan Murray, Meredith Corporation Photograph by Stefen Chow/FortunePhotograph by Stefen Chow for Fortune
Add Fortune on Google for similar content.

Every company wants to nurture the next Steve Jobs, or develop the next equivalent of the iPhone for their industry, but what should they do while waiting for a similar visionary to appear?

Instead of buying into the “Moses myth” – venerating a small cluster of genius individuals with the power to part waters – companies can tap on design thinking to systematically build a bridge, according to University of Virginia Darden School of Business professor Jeanne Liedtka, “It’s not one or the other – you can do both.”

Design thinking is a problem-solving methodology used by designers and business consultants to resolve complex issues. It favors a human-centered and iterative approach designed around the user of the proposed solution.

When Liedtka’s team recently tracked a U.S. government scheme to allow any employee anywhere in the country to submit ideas to improve their workplace, it found that one woman’s suggestion to reduce waiting times in her local hospital was potentially able to save the hospital a million dollars yearly.

“Now multiply that by the number of employees you’ve got,” Liedtka added. “But we ignore that. Because we only want big, disruptive novel things and ignore all the other ideas that we could implement [if we could] engage the other 90% of the organization to create value in the meantime.”

Likewise, implementing technology-led and design-led solutions within a company is “not an all or nothing switch”, says Derrick Kiker, a partner at McKinsey & Company and chief executive officer of design firm Lunar. The California-based design consultancy was acquired and folded into McKinsey, via its McKinsey Design Group, in 2015. The two disciplines are complementary, and design-led innovations can help to fill the space between disruptive ideas and technological upheavals, he says.

Kiker and Liedtka made their comments on a panel with Fortune president Alan Murray in Singapore, where more than 200 global designers, business leaders and entrepreneurs had gathered for the inaugural Fortune, Time, and Wallpaper* Brainstorm Design conference.

According to Kiker, companies can better adopt design thinking by providing a safe space for designers to work independently and creatively, and creating opportunities for collaboration by enabling both business and design teams to challenge each other, without a feeling of superiority on either side.

When implemented well, design thinking can entirely shift the entire culture of an organization, both speakers agreed.

“We found that design and that innovation doesn’t just change the experience of the person you are designing for, it also changes your relationship with the person you’re designing with,” Liedtka added.

She recalled the time when the National Aeronautics and Space Administration (NASA) approached her team to teach their scientists design thinking. Liedtka admitted being skeptical as “getting to Mars is clearly a technical problem”.

But the issue, according to NASA, was that their scientists could not communicate with each other, she recounted to laughter from the audience.

“All the solutions happen in the space between their specialties,” she explained. “Every technology has human beings working within it, and design offers a language and a way of communicating to complement the rapidly evolving technologies.

“Design is teachable and scalable, and it is an opportunity to include every single person in the company in the conversation,” she said.

For more coverage of Brainstorm Design, click here.

About the Author
By Debbie Yong
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

rh
AIReid Hoffman
Reid Hoffman says SpaceX is ‘not an AI company’ and xAI is a ‘complete train wreck’—and there’s room for both OpenAI and Anthropic
By Nick LichtenbergJune 24, 2026
52 minutes ago
Current refi mortgage rates report for June 24, 2026
Personal FinanceReal Estate
Current refi mortgage rates report for June 24, 2026
By Glen Luke FlanaganJune 24, 2026
3 hours ago
Current ARM mortgage rates report for June 24, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for June 24, 2026
By Glen Luke FlanaganJune 24, 2026
3 hours ago
Now she’s worth $200 million. But Sarah Jessica Parker says being ‘one of eight kids that struggled financially’ growing up created her work ethic
SuccessCareer Advice
Now she’s worth $200 million. But Sarah Jessica Parker says being ‘one of eight kids that struggled financially’ growing up created her work ethic
By Orianna Rosa RoyleJune 24, 2026
3 hours ago
Mortgage rates today, June 24, 2026
Personal Financemortgages
Mortgage rates today, June 24, 2026
By Glen Luke FlanaganJune 24, 2026
3 hours ago
Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
SuccessBrainstorm Tech
Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
By Rachel VentrescaJune 24, 2026
3 hours ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
22 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
24 hours ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
21 hours ago
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
Investing
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
2 days ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.