Please have an elevator pitch for the case below and answer the following questions: (Please try to
Question:
Please have an elevator pitch for the case below and answer the following questions: (Please try to be concise and write a short answer for each question.)
1) Does Biolite illustrate the principles of design thinking? (e.g., prototyping, etc.). Make a list of the principles and quote the case for each principle illustrated.
2) Does the BioLite CampStove qualify as a radical product innovation? Defend your answer.
3) As Cedar and Drummond, how would you design BioLite's strategy moving forward? What do you think BioLite's mission statement should be? What should be its core objectives? What markets should be the focus first? How should they differentiate their products? Should they consider partnerships?
4) If you were the CEO of BioLite, what would you do to strike a balance between the company's economic and social goals?
5) Considering the global ramifications of an issue like open fires in developing countries, do you think it is appropriate for profit-seeking businesses to be taking the lead and receiving government and NGO grants for their work? Why or why not?