Empathic Labs

Innovation is the unrelenting drive to break the status quo and develop anew where few have dared to go.

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We're not your typical innovation lab, we tend to approach real world problems through a lens that's slightly left of centre.

Contrary to popular belief, resilience is BOTH an innate as well as a learned behaviour. We've even written a book about it.

Too often technology plays a secondary role in people's lives, but it's capable of doing so much more. That's why we started the lab.

The aim of this project is to understand how to develop entrepreneurial self-efficacy in military veterans so they can make their own futures.

Karl Popper, one of the most influential 20th century philosophers, once eloquently stated, “All life is problem solving.”

The 4 phases of innovation

Strengths development + engagement = innovation
Peter Drucker 

The phases of an innovation, i.e. an innovation process, can be divided into four main steps:

  1. Idea: collection of innovation potentials, derivation of ideas, evaluation and release of ideas.

  2. Concept: Extensive analysis and derivation of concepts for the solution, implementation and marketing.

  3. Solution: Development and testing of the solutions to the finished product.

  4. Market: Arouse and fulfil a customer's needs by implementing in procurement, production and logistics as well as marketing and sales.

 

Each phase has its own characteristics. If the front phases are more creative and less structured, the phases of implementation and marketing are very process-oriented and focused.

Info@empathic.ltd   Sydney Startup Hub, 11 York Street Sydney NSW 2000       (c) 2021