346. Insights: Jobs to be Done - The future of product design
Aug 9, 2019
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Guests David Brear, Alan Klement, Justin Geaney, and Peter Collingridge discuss the concept of Jobs to be Done (JTBD) in product design, highlighting its impact in creating customer-centric digital propositions. They delve into the key role JTBD plays in making products integral to customers' lives and enabling powerful customer journeys, emphasizing that it is the future of product design.
Understanding customer needs and creating powerful customer journeys are key aspects of designing digital propositions using the jobs to be done approach.
The jobs to be done approach helps in market segmentation, strategy development, product positioning, and service differentiation, supporting market strategy and guiding design, product, and engineering decisions.
Deep dives
The Jobs to be Done Approach: Designing Digital Propositions
The podcast explores the concept of the jobs to be done approach and its impact on designing digital propositions. It emphasizes the importance of understanding customer needs and creating powerful customer journeys. The episode features insights from industry leaders like Alan Clemmon, David Brere, Justin Guillney, and Peter Colinridge. The jobs to be done approach focuses on the customer outcome rather than the product itself, allowing for the development of services and differentiation in commoditized markets.
Understanding Market Behavior and Customer Needs
The episode discusses the significance of understanding market behavior and how demand is generated. It highlights the importance of defining customer needs at the market level, rather than investigating specific product preferences. The conversation with Alan Clemmon emphasizes the supply and demand relationship and the role of jobs to be done in defining customer needs.
Overcoming Challenges in Product Design
The podcast explores challenges faced in product design, such as companies being out of touch with their customers and poor research practices. It emphasizes the need for a customer-centric approach and the danger of designing products without consulting the end users properly. The discussion with David Brere highlights the importance of reconnecting with consumers and the role of customer conversations in creating a customer-centric culture.
The Benefits of Jobs to be Done in Business
The episode showcases the benefits of the jobs to be done approach in various aspects of business. It highlights how jobs to be done helps in market segmentation, strategy development, product positioning, and service differentiation. The conversation with Peter Colinridge emphasizes the multi-faceted impact of jobs to be done, supporting market strategy and guiding design, product, and engineering decisions.
On this episode of Fintech Insider Insights, Ryan Garner is joined by some expert guests to talk about all things Jobs to be Done. Our great guests include:
David Brear, 11:FS CEO & Former Mettle CEO
Alan Klement, JTBD expert and pioneer
Justin Geaney, CPO at Virtual Bank by Standard Chartered
Peter Collingridge, Director / Global Head, Entrepreneurs in Residence
On this insights episode we take a detailed look at JTBD, including:
What JTBD actually is - a lawnmover analogy
How impactful it can be when designing digital propositions
Why it's the key to making your product an integral part of your customer's life
How it can help to create powerful end to end customer journeys
Why JTBD is the future of product design
Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates, Leda Glyptis and Sarah Kocianski and joined by a range of brilliant guests, we cover the latest global news, bring you interviews from industry experts or take a deep dive in subject matters such as APIs, AI or digital banking.
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