Keeping existing brands relevant in a post-COVID world, amidst recessionary pressure, requires courage. Leaders must resist the urge to go insular and avoid the pull of fear-based decision making. It’s tempting to react to customer requests and focus on cost cutting – but these tactics will never lead to long-term success.
Over the past three years, The Garage Group has partnered with courageous brand leaders at 15+ F1000 B2B and B2C businesses to double-down on a renewed commitment to building customer-first strategies. Our solution to breaking these habits is a Jobs-Based Architecture (rooted in the tried-and-true methodology of ‘Jobs Theory’), and we have pressure-tested the application at a brand, category, and portfolio level.
At most organizations, ‘Jobs Theory’ is widely accepted and broadly applied as an innovation practice to keep a pulse on unmet needs in service of driving new product development. At The Garage Group, we believe that a rigorous understanding of your customers’ Jobs to be Done should be the root of all strategy decisions – guiding base business, renovation, and commercial + product innovation.
More specifically, at the core of a strong strategy is a meaningful and customer-relevant architecture (or method of organization) that logically fuels both internal business decisions and intuitive customer navigation. Rooted in a Jobs-Based Architecture, each product, sub-brand, brand, and category within a portfolio has clear and intentional swimlanes. This clarity provides deliberate “Where to Play” choices for existing businesses, and drives focus on whitespace for new, meaningful innovation.
We have proven this approach across F1000 B2B and B2C businesses in Consumer Healthcare, Food & Beverage, CPG, Small Durables, and more…
Struggling to keep your portfolio relevant? Send us an email.