How Would You Beat Banks Using Jobs-to-be-Done

How Would You Beat?

In this episode, we'll look at how you could beat banks using Jobs-to-be-Done. Banks are in the news because of the collapse of Silicon Valley Bank and Signature Bank. Silicon Valley Bank had a $40 billion market cap that went to zero almost overnight. So what happened and can Jobs-to-be-Done help us figure out how to both create better banks and lower the risk of bank collapses that potentially become contagion and have a negative impact on the economy? Let’s find out!
✅ Download our Executive White Paper: "How to Use JTBD To Grow Faster" 👉 https://www.thrv.com/jobs-to-be-done-white-paper

Key moments from today's topic on how you would beat Banks:
00:00 Intro to How Would Your Beat Banks
00:43 What happened with Silicon Valley Bank?
03:20 How would you make the next Silicon Valley Bank using Jobs-to-be-Done (JTBD?)
07:58 The success and failures of Silicon Valley Bank
14:46 How other banks can learn the specific “job” and needs of Silicon Valley Bank depositors and how to mitigate risks
24:53 Innovation threats to the banking industry & how you can use them to advance banking

✅ Download our Executive White Paper: "How to Use JTBD To Grow Faster" 👉 https://www.thrv.com/jobs-to-be-done-white-paper
Learn more about JTBD: https://www.thrv.com/jobs-to-be-done
Youtube: youtube.com/channel/UCEKeVWAeyQeMPzq9HfbUa5w
Linkedin: https://www.linkedin.com/company/thrv-com/
Twitter: https://twitter.com/thrvapp
Follow Jay Haynes on Linkedin: https://www.linkedin.com/in/jayhaynes/
Follow Jared Ranere on Linkedin: https://www.linkedin.com/in/jaredranere/

Chapters

1. Intro to How Would Your Beat Banks (00:00:00)

2. What happened with Silicon Valley Bank? (00:00:43)

3. How would you make the next Silicon Valley Bank using Jobs-to-be-Done (JTBD?) (00:03:20)

4. The success and failures of Silicon Valley Bank (00:07:58)

5. How other banks can learn the specific “job” and needs of Silicon Valley Bank depositors and how to mitigate risks (00:14:46)

6. Innovation threats to the banking industry & how you can use them to advance banking (00:24:53)