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Harness "Code Halos" to gain competitive advantage in the digital era Amazon beating Borders, Netflix beating Blockbuster, Apple beating Kodak, and the rise of companies like Google, LinkedIn, and Pandora are not isolated or random events. Today's outliers in revenue growth and value creation are winning with a new set of rules. They are dominating by managing the information that surrounds people, organizations, processes, and products--what authors Malcolm Frank, Paul Roehrig, and Ben Pring call Code Halos. This is far beyond "Big Data" and analytics. Code Halos spark new commercial models that can dramatically flip market dominance from industry stalwarts to challengers. In this new book, the authors show leaders how digital innovators and traditional companies can build Code Halo solutions to drive success. The book: * Examines the explosion of digital information that now surrounds us and describes the profound impact this is having on individuals, corporations, and societies; * Shows how the Crossroads Model can help anticipate and navigate this market shift; * Provides examples of traditional firms already harnessing the power of Code Halos including GE's "Brilliant Machines," Disney's theme park "Magic Band," and Allstate's mobile devices and analytics that transform auto insurance. With reasoned insight, new data, real-world cases, and practical guidance, Code Halos shows seasoned executives, entrepreneurs, students, line-of-business owners, and technology leaders how to master the new rules of the Code Halo economy.
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Disclaimer
Acknowledgments
Introduction: The Value of the Virtual
Part I: Digits Over Widgets: The Next Age Of Business and Technology
Chapter One: “Will It Happen to Us?” A Trillion-Dollar Opportunity or an Extinction Event
What Is a Code Halo?
The First Trillion Is Always the Hardest
How Significant Was the Impact of the First Trillion Club?
Historical Sources of Competitive Advantage Don’t Hold Up Well Against Code Halos
More Industries Heading to the Crossroads
Code Halos Go Mainstream
Code Halos: The Building Blocks of the Second Economy
Harnessing the Power of Code Halos in Your Industry
Notes
Chapter Two: The Personal Code Halo:
Press “1” for the Real You
Invisible But Always Present, Ever Enriching
Take Us, for Example
When Code Meets Code . . .
The SMAC Stack: Driver of the Technological Sea Change
The Discipline of Creating Value from Insight
Code Halos: A New Core Competency
Personal Code Halos Showcase Value of the Virtual
Notes
Chapter Three: The Five Business Code Halos:
Connecting Customers, Products, and Organizations
The Customer Code Halo: The Relationship Maker
Product Code Halos Shift Value from Widgets to Digits
Employee Code Halos: New Ways for Team Members to Connect and Solve Problems
The Partner Code Halo: Weaver of Webs
The Enterprise Code Halo: Brand Aggregator
Five Halos Matter to People, Places, and Things
Notes
Chapter Four: The Anatomy of a Winning Code Halo Solution
Computing Devices Are Today’s Established Amplifiers
The “Skinterface” Will Change the Consumer Experience
Industrial Amplifiers: Harnessing the Power of the Internet of Things
Smart Appliances Become Amplifiers in the Home
Facebook’s EdgeRank Algorithm Makes It Personal
Successful Algorithms Power Code Connections and Create Insight
Netflix Lassos Data to Win in the Market
Why Didn’t They Tune in the Zune?
Balance Focus on Five Components for a Winning Solution
Notes
Chapter Five: The SMAC Stack:
The New Technology of Code
Driving Business Value Through New Technologies
SMAC as a Technology Stack: No Technology Is an Island
A Step Change Driving Exponential Growth in Computing Devices and Data
Mobility and Analytics Lead the Way
Growth in Human-Generated Data
Smart Cars, Smart Houses, Smart Grids, Smart Health: The Coming Explosion in Machine-Generated Data
Don’t Get SMACked
Notes
Chapter Six: The Pattern of Digital Disruption:
The Crossroads Model
The Crossroads Model Across Multiple Industries
Traditional Organizations Are Coming to the Crossroads
Decide Your Fate at the Crossroads
Notes
Chapter Seven: The Code Halo Economy:
The Economics of Information
Meaning Makers Are Winning Based on Code
Steps to Make Meaning
Getting Analytics Right
Separating Signal from Noise Will Be the Killer Business Skill over the Next Decade
Build a Business Analytics Ecosystem
Skills for “Key-Making” Will Be Needed—But Are in Short Supply
Pick the Right Target for Disruption
Making Meaningful Returns
Digits Over Widgets: The Next Age of Business and Technology
Notes
Part II: Four Principles for Success in the Code Halo Economy
Chapter Eight: Delivering Beautiful Products and Experiences
Engineering and Design Must Connect to Create Beautiful Code Halo Solutions
Beauty Is About Experience, Not Just Devices
Why the Nook Found No Niche
Beauty Is Becoming Central to Creating Value
Notes
Chapter Nine: Don’t Be Evil 2.0:
Earning—and Keeping—Trust in a Transparent World
Perspective #1: We’ve Been Here Before—Fears Generated by New Technologies
Perspective #2: The Evolution of Privacy
Perspective #3: Trust Is the Currency of the Code Halo Economy
Perspective #4: The Law Will Never Catch Up
Action #1: Give Your Code Halo a Delete Button
Action #2: Show Me You Know Me
Action #3: Shine a Light on Your “Give-to-Get” Equation
Action #4: Calibrate Your Approach for a Global Stage
Action #5: Hard-Code Self-Control
Be Proactive Early to Avoid Being Evil—and Creepy
Notes
Chapter Ten: Manage Your Career Based on Code:
Winning in the Wirearchy
The Changing Nature of Power: Hierarchy versus “Wirearchy”
You’re Uncomfortable with “Scrambled-Egg” Life
A Computer Can Tell You What to Do
You Hate Social Media and Never Skype
Golf Is Central to Your Sales Strategy
The Deming Rule: Use Data to End HIPPO Management
The Rule of Virtual Work: Out of Sight, Front of Mind
The Tattoo Rule: Manage Your Professional Code Halo
The Keyser Söze Rule: Does Your Reputation Truly Precede Itself?
The Node Rule: It’s Not All About You
The Value-Add Rule: Don’t Regurgitate; Create!
Act Now to Thrive in the Organization of 2020
Notes
Chapter Eleven: Make IT Your Halo Heroes:
Transform Your Technology Organization
Align the Charter and Goals for IT by Horizon
Rebalance Your Leadership Focus to Match New Requirements
Attack the 80-20 Rule to Fund Innovation
Drive Efficiencies in H1 and H2 IT
The Business-Embedded Portion of the New H3 IT Organization
Putting the New IT Organization into Place
Create Halo Heroes by Bridging the IT-Business Gap
Summary of Part II
Four Principles for Success in the Code Halo Economy
Notes
Part III: Winning with the Crossroads Model
Chapter Twelve: Seize Advantage During Ionization:
Sense, Innovate, and Prepare to Pilot
Your Goal for Ionization Is an Action Plan
Develop the “Will to Innovate”
Ionization Is the Time for Entrepreneurs to Shine
Identify Connection Points Where Code Halo Solutions Fit
Don’t Lock Out New Ideas During Ionization
Pick Your Code Halo Starting Points
Assess and Rank Your Pilot Ideas
Prepare to Innovate and Pilot During Ionization
Notes
Chapter Thirteen: Create a Spark:
Pilot Your Best Code Halo Solutions
The Tradeoff Is Broken by Code Halos
The Hierarchy of Giving and Getting
Pick Your Code Halo Based on Its Give-to-Get Ratio
The Spark Is the Healthy Beginning, Not the End
Note
Chapter Fourteen: Enrich and Scale at Internet Speed:
Turn a Spark into a Blaze
Stay the Course Through the Flat Water of Enrichment
Constantly Refine the User Experience
Scale Your Data First, Not Your Business
Enrich Your Solution to Win at the Crossroads
Notes
Conclusion: Winning in the New Code Rush
Photo Credits
Index
End User License Agreement
Figure 1.1 The Trillion-Dollar Club
Figure 1.2 Code Halo Innovation in Established Leaders
Figure 2.1 Growth of the SMAC Stack
Figure 4.1 Five Elements of a Code Halo Solution
Figure 5.1 Catching the Fifth Wave of Corporate IT
Figure 5.2 The Transformation of Knowledge (Rule, Wikipedia!)
Figure 6.1 The Crossroads Model: Winning with Code Halos
Figure 6.2 Bookselling at the Crossroads
Figure 6.3 Mobile Devices at the Crossroads
Figure 7.1
The Value of Signal (and the Cost of Noise):
The New Economics of Meaning-Making
Figure 7.2 Surge Expected in Predictive Analytics
Figure 7.3 Behavioral Scientists Decode “What Happens Next”
Figure 10.1 Organizations Blend Hierarchy and Wirearchy Structures
Figure 11.1 Three Business Horizons
Figure 11.2 Three Horizons of IT
Figure 11.3 Rebalancing Leadership Time in the Future IT Department
Figure 11.4 A New Federated Structure for IT (The Birthday Cake Model)
Figure 12.1 Michael Porter’s Value Chain Model
Figure 12.2 Brainstorm Your Code Halo Ideas
Figure 12.3 Code Halo Market Scan Worksheet
Figure 12.4 Find Innovative Voices In Your Organization
Figure 12.5 Pick Your Code Halo Starting Point
Figure 13.1 The Process of an Insurable Event
Figure 13.2 The Hierarchy of Giving
Figure 13.3 The Hierarchy of Getting
Figure 13.4 Initial Give-to-Get Assessment Model
Figure 14.1 Code Halo Anatomy Assessment Model
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Cover
Table of Contents
Begin Reading
A Playbook for Managers
Malcolm Frank
Paul Roehrig
Benjamin Pring
Cover design: webfire.co.uk | London, U.K.
Cover image: Guido Mieth | Flickr | Getty Images
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