“Successful innovations help consumers to solve problems—to make the progress they need to, while addressing any anxieties or inertia that might be holding them back”
Unlocking the Power of Successful Innovations
In today's fast-paced world, successful innovations play a pivotal role in empowering consumers to overcome challenges, facilitating the progress they aspire to achieve. These innovations not only address existing problems but also alleviate any anxieties or inertia hindering advancement.
Qualities of Good Innovations
Problem Resolution: Exceptional innovations tackle problems that previously lacked adequate solutions or had none at all.
Performance Enhancement: Products that outperform existing solutions by 20% or more stand a strong chance of dominating the market.
Predictable Innovation: The assurance that a product will deliver a 20% or more improvement is the key to creating innovations with predictable success.
WHY DO INNOVATION PROJECTS FAIL?
Companies believe that the key to success in innovation is to be able to generate a large number of ideas (the more, the better) and to be able to quickly and inexpensively filter out the ideas that will likely fail.
Ideas-first
Companies believe that the key to success in innovation is to be able to generate a large number of ideas (the more, the better) and to be able to quickly and inexpensively filter out the ideas that will likely fail.
Needs-first
“Despite the available needs-gathering methods, companies nearly always fail to uncover all or even most of the customer’s needs.“
How to get a handle on customer needs is an unsolved mystery—and that mystery is killing innovation!
WHY WE NEED JOB TO BE DONE?
Foundation of Job to Be Done
"People don't want to buy a quarter-inch drill. They want a quarter-inch hole." - Harvard Business School marketing professor Theodore Levitt.
"Customers don't buy products; they pull them into their lives to make progress" - Clayton Christensen
What you will learn?
Theory | Process | Practice |
Needs Framework and Strategy Matrix
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Outcome-Driven Innovation®
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Practitioners and Implementation
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Case Studies
The ODI process has been employed throughout the world in hundreds of companies. Below are some examples & case studies.
Explore real-world examples where the Outcome-Driven Innovation process has transformed companies globally:
The ODI process has been employed throughout the world in hundreds of companies.
Discover how companies like Zoom, PayPal, DoorDash, and Nike have successfully applied the ODI process to connect remote workers, provide secure online payments, deliver food safely, and cater to the needs of runners.
Source: https://online.hbs.edu/blog/post/jobs-to-be-done-examples
JTBD for Banking: Navigating the Fintech Challenge
For many traditional investment and general financial services firms there is a clear challenge to stay competitive with fintech as payments, investments, lending, and banking needs become ever more embedded. Applying a JTBD lens to meet consumer goals is the way to face that challenge."
Amazon and The Banking Industry
“The job to be done (JTBD) in retail banking is “help me access, spend and grow my money easier and faster.” As the world is in a digital transformation era, a giant tech company like Amazon is in the right place at the right time to focus on the JTBD and offer fast digital experience with new financial products”
JTBD vs. Design Thinking
Design Thinking như là framework – JTBD là cách thức THỰC HÀNH CHUYÊN SÂU
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