Analyzing the Impact of Design Thinking on Developing Minimum Viable Products in South African SMEs

1. Introduction 1.1 Background of the Study 1.2 Research Problem Statement 1.3 Objectives of the Study 1.4 Significance of the Study 2. Literature Review 2.1 Design Thinking Concepts 2.2 Minimum Viable Products Introduction 2.3 Role of SMEs in South Africa 2.4 Previous Studies on Design Thinking 3. Research Methodology 3.1 Research Design 3.2 Data Collection Methods 3.3 Sampling Techniques 3.4 Data Analysis Procedures 4. Design Thinking in Practice 4.1 Application Processes 4.2 Tools and Techniques 4.3 Case Studies in Global Context 4.4 Challenges and Opportunities 5. Developing Minimum Viable Products 5.1 MVP Characteristics 5.2 Product Development Stages 5.3 Feedback Loops Utilization 6. Impact Analysis on SMEs 6.1 Economic Contributions 6.2 Innovation and Growth Potential 6.3 Competitive Advantage 7. Case Studies of South African SMEs 7.1 Overview of Selected SMEs 7.2 Adoption of Design Thinking 7.3 Successes and Failures Analysis 8. Conclusion and Recommendations 8.1 Summary of Findings 8.2 Implications for Practice 8.3 Recommendations for Future Research 8.4 Final Thoughts