Theory holds that to create a product or service, you must first understand what fundamental measures of performance those customers use. Ulrich suggests a six-step process: define the market around the job to be done. Number two is to uncover the customer's needs, their desired outcomes. Three, to quantify the degree to which each need is under or over served. Four, to discover hidden segments of opportunity. Five, a line existing product with market opportunities, that's your market strategy. And six, to come up with new products to address unmet customer outcomes, that becomes your product strategy.
This is part three of a four part solo series on solving the right problem in the life of business and in the business of life. It matters because nothing is more irrelevant or even dangerous as solving the wrong problem. In today's episode, I'm going to go deeper in how to implement the Jobs to Be Done framework. By the end of today's episode, you will have a simple process that you can follow, care of Tony Ulwick, for how to turn innovation from an art to a science.
This is part 3 of a 4-part series.