Companies are constantly seeking efficient and predictable ways to grow.
One powerful approach is to grow from your core business, starting with where you’re already successful and expanding strategically from there. But how can companies identify the most promising growth opportunities?
The Jobs-to-be-Done (JTBD) framework offers a customer-centric methodology to uncover hidden growth potential.
The first step is to properly define your core market. Rather than thinking in terms of products or demographics, JTBD encourages defining markets as “a group of people trying to get a job done.” For example, instead of being in the “circular saw market,” a company might define their core as “helping tradespeople cut wood in a straight line.”
This shift in perspective opens up new possibilities. Once you understand the underlying job customers are trying to accomplish, you can explore ways to:
Many products only address part of the customer’s overall job. By mapping out the entire job process, companies can identify opportunities to expand their offering. For instance, in the music industry, we’ve seen progression from CDs that only allowed listening, to MP3 players that enabled organizing music, to streaming services that facilitate discovery and sharing.
Even if you’re addressing the entire job, there may be room for improvement. JTBD research techniques can reveal specific, measurable outcomes customers use to gauge success. For example, surgeons removing anatomical structures might want to “minimize the time it takes to mobilize structures bound by adhesions that block access to the target structure.” By identifying underserved outcomes, companies can focus innovation efforts for maximum impact.
As growth opportunities in the core market become saturated, companies can look to adjacent markets. In the JTBD framework, adjacent markets fall into two categories:
For instance, a company helping parents pass on life lessons to children might explore adjacent markets like helping parents select schools (same customers, new job) or helping teachers pass on life lessons (new customers, same job).
New markets involve both new job executors and new jobs to be done. While potentially rewarding, this approach carries the highest risk as companies lack existing customer relationships and job-specific expertise. Careful market selection is crucial.
The JTBD framework provides a consistent way to evaluate market attractiveness across diverse opportunities. Criteria might include:
By applying these criteria systematically, companies can make data-driven decisions about which new markets to pursue.
The Jobs-to-be-Done approach offers a powerful lens for strategic growth. By focusing on customer jobs rather than product features, companies can:
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