Reader Comments: Will #CodeHalos Create BIG Winners?

Reader Comments: Will #CodeHalos Create BIG Winners?

Imagine

You’re in New York City and your lunch date cancels last minute. It’s 12:15pm and you sense an opportunity. Tapping your Code Halo Maps App, a search of nearby restaurants reveals where people in your Code Halo are currently eating. You look at the list. Two clients and one prospect are at Keens Steakhouse one block away. It also says that there's a 75% chance another prospect will have lunch at Keens today. Keens is the place. 

You then search for clients around you. There are five. You tap the one that recently had a slight issue with one of your consultants. You text her. “Chris. It’s Mike! Pardon the interruption, know you’re busy, but thought I’d check. I just had a lunch cancelation. Possible to have lunch with me at Keens today? We could chat about the issue with Pat last week. Possible?” 30 seconds later… “Sorry, I’ve got plans. But can I have a raincheck? I love Keens. Call me around 530 - would like to chat.” “Sure thing.”

You copy the text and go to client #2 - Joe. Your Code Halo app says Joe posted an interesting tweet that morning about converging technologies. “Joe. It’s Mike! Pardon the interruption, know you’re busy, but thought I’d check. I just had a lunch cancelation. Possible to have lunch with me at Keens today? Love to chat about converging technologies…” 30 seconds later… “Sure! Love to. 20 Minutes?” “Yes sir! I’ll get the table. Keens in 20 minutes. Thanks!”

Sounds pretty good doesn’t it?

From a dreaded last-minute cancelation, in 5 minutes, your Code Halo, in intersection with your clients’ and prospects’ Code Halos, shows who in your network is where, right now, around you. It also shows you real-time details you can use. Thus, it allows you to instantly communicate with them in a relevant way. BAM! Out of adversity you have a very productive scenario - a chance for a meaningful conversation with a client at a location where you might run into other clients and prospects.

The power of Code Halos 

And that’s just the beginning. Going further:

1. Drilling deeper down into Joe’s company’s Code Halo while you wait for Joe at Keens shows you several sales ops that you might want to mention in the conversation about converging technologies.

2. Remember the 75% chance that a prospect would eat at Keens today? Sure enough, because people are creatures of habit, suddenly your device alerts you. They just checked into Keens. Wow. It also shows their Facebook update that morning: "OMG, I found my favorite vase shattered on the floor in the kitchen this morning. Rufus is avoiding all eye contact with me. I think I know who the culprit is." Hilarious!

Results: The last-minute lunch with Joe touches on an opportunity that later develops into a sales process. The quick chat with the prospect, laughing about the dog while commiserating about the vase, turns into another sales process. And the original two clients and prospect that caused you to select Keens in the first place smile and say, “Give me a call.”

Something out of nothing. Aren't last-minute things the BEST!!!

That’s the future. And it’s not that far away.

Without Code Halos 

On the flip side is a typical scenario using today's commonly available tools...

Your lunch cancels. “Oh man. I was counting on that one. That was my best lunch of the week. Now what do I do? Well, let me log into Salesforce. Let’s search by zip code.” Scroll scroll scroll. “Ah! Chris…” Text her see if she's available last-minute. “Rats. She’s booked. How about Joe…” Available! Yes. “Great! Where do you want to eat?” Joe says, “I don’t care. How about Linguini’s?” “Ok see you there.”

No other clients and prospects. No context for the lunch. Perhaps suggested future cross-sell opportunities noted in Salesforce, IF you've been keeping it up to date manually (unless IT did the API). IF you’re on Twitter and think of it, you look at Joe’s recent tweets and start the conversation about converging technologies.

Nothing is automated. It's really all on you. And you have no idea that right down the street at Keens Steakhouse business opportunities await.

What do YOU think?

If you see the opportunity here, do you see why this kind of application of technology to standard business dynamics is a game-changer? Going further, do you have a vision for how incredibly powerful this can become?

As I Commented on a spot-on @BearingPoint blog post yesterday, “Isn’t Insurance, after all, about the complexities of human dynamics - risk, money, and avoidance of pain and distress caused by unforeseen events? Isn't the emergence of new technologies changing all of those formulas? …As insurers, don't we need to rethink virtually everything? Are there any sacred cows left?” 

Is technology fundamentally changing EVERYTHING? We have major companies going extinct - Kodak! Who ever thought Kodak would be bankrupt! Insanity! But a major shift in technology made their traditional business unsustainable and they didn’t adapt into the new technologies, technologies that THEY THEMSELVES invented by the way, nearly fast enough. And so they went the way of Blockbuster, Borders, Newsweek, Radio Shack, and so many others.

What's going to be the impact on business in the next 36 months? I’ve got my ideas. But what do YOU think? Will Code Halos create some really big winners, just like Netflix, Apple, Google, Pandora, Amazon? What other household names today will be G-O-N-E gone tomorrow? Is anyone really safe?

Really, I want to know, what do YOU think?

Thanks, Mike

Originally published at WebWisedom.com See more thoughts there. 

Mike Wise

IoT | Web3 | Manufacturing | Speaker | Author | CRO Advisory

9 年

A few interesting new comments, including a surprise appearance by one of the authors. Thanks Kenneth Hittel and Ben Pring. Yep, no doubt about it, the inexorable march of technology in business is on full display. But the Human Dynamics will always be paramount.

回复
Mike Wise

IoT | Web3 | Manufacturing | Speaker | Author | CRO Advisory

9 年

A couple spot on comments on the original post by Augie Ray and Terry Golesworthy. Hope to see more. Thanks men.

回复

要查看或添加评论,请登录

Mike Wise的更多文章

  • The DDP #CBDC Forum at MIT 3/8/23

    The DDP #CBDC Forum at MIT 3/8/23

    Personal sentiments are my own, unaffiliated with any organization I may represent, past, present, and future…

    9 条评论
  • Dad's Voice on the Conference Call

    Dad's Voice on the Conference Call

    A Sunday morning recollection..

    1 条评论
  • Reader Comments: The Insurance Implications of Blockchain

    Reader Comments: The Insurance Implications of Blockchain

    About 5 minutes into a speech on blockchain for insurance at CordaCon2019, featuring a mind-bending stream of…

    10 条评论
  • Why Blockchain – A Brief History

    Why Blockchain – A Brief History

    Recapping the last 20 years of digital transformation in insurance: The 2000’s – Shifting from off-line legacy systems…

    2 条评论
  • Zach's Deployment 2018

    Zach's Deployment 2018

    In truth, I'm not sure why I feel led to share this. I guess deep down my hope is that through sharing, it will…

    15 条评论
  • Final Update from #CLE

    Final Update from #CLE

    I thought it would be fun and interesting to make a video to explain my transition from Cleveland to Boston. So I set…

    19 条评论
  • "Facebook is for wives."

    "Facebook is for wives."

    Yes, this was actually said ..

  • "I'm ON LinkedIn, but I'm not really USING it."

    "I'm ON LinkedIn, but I'm not really USING it."

    Is investing your time understanding LinkedIn worth it? 3 Data-points to consider: Regardless of your role with the…

    2 条评论
  • #IoT @JohnHancockUSA & @Fitbit - Brilliant #DigitalBiz

    #IoT @JohnHancockUSA & @Fitbit - Brilliant #DigitalBiz

    Digital Business Principle: The Internet of Things (#IoT) has rapidly become the next big thing. For the last 5 years…

    4 条评论
  • Google & Insurance - Does Social Trump Search?

    Google & Insurance - Does Social Trump Search?

    Back before the Internet, when you had a new personal or professional need, something out of the ordinary, did you stop…

    7 条评论

社区洞察

其他会员也浏览了