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Leading 2020 in Mind, Body & Soul

Posted by Courtnie Hallendy

Fri, Oct 09, 2020

Chase Womens Leadership Day 2020 Blog OpenerFor me, 2020 has really solidified the importance of slowing down and listening to yourself – your mind, body, and soul – to be the best possible leader that you can. This was a resounding message throughout JPMorgan Chase’s Women’s Leadership Day—an annual event to fuel female ambition and advance financial equality for all.

Missed it? We got you, girl (and supporters of girls everywhere)!

INVESTMENT

  • Mentorship: Dr. Condoleezza Rice, the 66th Secretary of State and a woman who represents the art of possibility to so many (well said, Thasunda Brown Duckett), spoke a lot about creating a legacy—not for yourself, but for others. Be the first so that others can be the second, and the third, and so on. It’s cause for celebration, in spite of the external and internal pressures you feel. Mentorship is a vehicle to carry this legacy, and it starts with building a genuine relationship. Personally, I have two or three trusted mentors in my life and those relationships were cultivated and have evolved over the course of my career. As Dr. Rice says, mentorship must be earned, gradually and organically in order to reach a place you can encourage each other to be twice as good, and twice as confident. It starts with small steps.

WLD_Rice

  • Spread the Wealth: Sharing our wealth of knowledge includes finances. Janet Alvarez, Personal Finance Expert for the Ascent, emphasized the importance of social connection to empower and educate our community, which as we know, is a particularly important driver for young investors. Start with your #GirlTribe! Use a portion of your zoom book club or virtual wine night to share budget strategies, and investment lessons. Recently, I’ve been sharing with any friend that will listen how the advancements in financial services technology have made making and managing finances so easy.

#POWERHER

  • Power of the Consumer Voice: From trusting your inner voice to lifting the voice of your consumer, humanity is in everything we do. Adrienne Stewart-Gorgon, Co-Owner of Pound Cake Society, shared how her company changed its business model to meet the needs of their community (i.e. making face masks). In this journey, they heard from their newfound customers: vet clinicians, healthcare workers, and their families. In feeling their love, concern, and gratitude, Adrienne felt compelled to share their beautiful stories across the organization to keep them going, from her vendors to volunteers.
  • Rock the Vote: Speaking of beautiful stories (and beautiful voices!), LaTosha Brown, Co-Founder of Black Votes Matter, shined a light on just one of the strong women who’ve empowered her: her grandmother. Her grandmother, a woman denied the right to vote herself, brought LaTosha to the voting booths, instilling in her the “power of the sister vote.” She reminded us that women have always been at the forefront of transformative times in our nation’s history, and we mustn’t forget that. Dr. Rice affirmed this when she challenged the dismay and burnout that many Americans feel. To Dr. Rice, the only way to honor the generations before us, and they progress they made, is to do the work because democracy is hard work. We should be optimistic because the opportunities for further progress have been identified, and we’re building a roadmap forward.

WLD_Brown

HOPE

  • The Essence of Transformation: LaTosha posed the question “What is your radical reimagination of the future?” and “What’s your role in that transformation?” For Mindy Grossman, President & CEO of Weight Watchers (WW) her role is to galvanize hope so that her organization, and its people, can emerge stronger than ever—a message shared by Armin Molavi back in May. Amid disruption, brands must focus on what’s right for their consumer to ensure progress is made in a way that’s authentic, and just. This sentiment was echoed by Ginni Rometty, Executive Chairman at IBM, who urged organizations to recognize their obligation and power to solve the issues we face, and to do so by leading from their core purpose.

All in all, I hope you don’t feel alone in the stresses and anxieties you feel. Because our matter [body] matters, we must view the health of our mind, body, and soul as essential to helping the health and wellbeing of others, as women so often help to manage. Whether that means taking an extra-long shower because it’s the only place you can find some peace and quiet or having a daily dance break (sorry not sorry!), bring joy to your life and #POWERHER.


Courtnie HallendyCourtnie Hallendy is an Account Director at CMB, with more than 15 years of experience in market research on both the client and vendor sides of the business.

Follow CMB on FacebookInstagramLinkedIn, and Twitter for the latest news and updates.

Topics: storytelling, conference recap, growth and innovation, professional development, COVID-19

Detecting Tomorrow’s Patterns at TMRE Las Vegas

Posted by Julie Kurd

Tue, Nov 12, 2019

TMRE Julie and Lori at booth (2)

At TMRE, we were immersed in a world of abundance, showmanship, cacophony, laughter, and glamour. As I checked out of the Mirage Hotel in the wee hours, I wondered why the lights weren’t on in the stunning 60x10 foot aquarium at registration. That’s when I learned that the four marine biologists on staff require lights out until 7:30am because too much light stimulation interrupts the fish feeding rhythms. As we return from another stimulating conference, let’s shine a light on emerging human and technological rhythms:

  • Detecting patterns: Is it good or bad if your technology knows you completely and holistically? We know in order to develop and grow our fan, member, and/or installed base, we need to disrupt ourselves digitally. Kevin Lee, COO of China Youthology talked about Alibaba and our other global tech giants who are shifting their efforts into our homes, cars, and offline lives so they can ‘know’ us completely and holistically. example, stay at FlyZoo hotel, and you can access everything you need through facial recognition. Even when you check out, you can just walk out. Tech giants are seeking to deliver convenient and simplified experiences, and existing data isn’t enough for these challenger brands. As our tech giants acquire entire ecosystems and categories, our data is now the currency of global innovation for a nomad generation. Amy Webb, Professor and Quantitative Futurist & Founder of The Future Today Institute and the Author of The Signals are Talking, discussed the implications of “post big data 1.0” and its fusion of digital data, cultural data, social data, and even our health goals. Her description of our voice-activated microwaves popping popcorn for us on command is pure joy…or is it? What if the microwave detects we’ve been gaining weight? Will it block our command, for our own good?
    Copy of TMRE Twitter Quote Post
  • Show of hands: Who vaults out of bed and can’t wait to get to work? Several of our hands shot up, but we asked questions of one another during the break…is it this particular job that has us vaulting out of bed? Most of us have had other jobs and have always vaulted out of bed. So, essence or environment? How can you become attentive to what is and isn’t happening to live towards the world of 2029? Amy Webb, who also authored The Big Nine, describes three frameworks of thinking patterns in machines, and in people:
    • Optimistic Framers—restless leg folks, who seek interoperability, chart theoretical future states and welcome uncertainty. They seek new structures for exponential growth so they look for new patterns in what is missing, unformed, not yet present.
    • Neutral Framers— those who have limited access because tech platforms aren’t interoperable. They drive solutions that continuously improve their system. These hurdlers rely on their system fluency to drive incremental growth.
    • Catastrophic Framers— those who are trying to improve their paradoxical world through automation but haven’t yet figured out how to reduce the cognitive work stream. Life has resulted in just a lot more work. These framers are panicking and still trying to make linear decisions for everything.

During this discussion, Amy delineated the difference between bystanders—those who cling to cherished beliefs and are unwilling or unable to see welcome uncertainty—and pathfinders—those who embrace uncertainty, charting theoretical future states, and find patterns in what is missing and not yet formed. No prizes for predicting who will thrive in our increasingly connected and disrupted future.

  • While in Vegas, I netted $40. But is that good? A classic question of perspective. According to growth strategy consulting firm Innosight’s biennial corporate longevity forecast, we need to begin imagining a world in which the average company lasts just 12 years on the S&P 500. Because that’s the reality we will be living in by 2027. Examples of TMRE presenters who openly talk about how they disrupt themselves included:
    • John Copeland, Vice President of Marketing & Consumer Insights at Adobe, described the massive pivot in Adobe’s operating model and the new KPIs needed to measure it all. Adobe underwent a massive digital transformation from packaged products ($2-3k for Photoshop, Illustrator) to Creative Cloud ($20-60/month subscription), to Creative Suite (platform as a service). This re-imagined creative journey has Adobe’s true product as a top 100 global website with 24/7 relationship support. Measurement, hence, must be of the ‘experience platform’ so it measures all 5 phases (1. Discover – free sign ups, 2. Try – download & use, 3. Buy – paid members, 4. Use = engagement score, 5. Renew – retain).
    • Monika Chandra, Research Manager at Facebook, told us that there is ‘no cruising on winding roads.’ At Facebook, she works at getting ‘closer’ to the truth of international market sizing for Facebook Marketplace in order to understand the potential for new products and business areas. Monika gave us sight into her learning process. She described her robust investigation to study with rigor, validate, and consistently measure as well as question what is being measured over time. Are we measuring C2C, B2C, C2B? And share of what? How many of us can reliably report the number of times we bought online in the past week or month? Again, I heard about the human factor of needing to measure both online and offline data to gain a fuller picture and greater insight into our audiences.
  • Changing our Behavior: From answer-centric to learning-centric: We can chart the rise of the nomad generation (under-protected, over-exposed), where data is the currency of innovation. Ashmeed Ali, Senior Director and Head of Marketing & Brand Research at Buzzfeed, says that the new game is re-ordered so now it’s “Publish. Learn. Iterate.” Gen Z is producing much of the listicles, and surveys on Buzzfeed. As companies enter the experimental stage of persistent technological recognition, the insights community must build its own unconventional instrumentation to detect what truly matters. Is the solution in the staffing [anthropologists, 1st year outs (out of college/grad school)]? In the tech instrumentation? In the noticing? In the story telling? Is it in the framing?

And it’s not just people…it is tech too. As technology like Amazon’s Alexa detects a cough, a sharp tone, a voice tremor, that next adjacent business can be spawned. In our $24B global insights industry, Prudential’s Supriya Sanyal’s words echo, as she closed her presentation with these recommendations: a) connect to the mission, b) get executive stakeholder buy in from the start, c) balance flexibility with depth and consistency, d) democratize data, even though data citizens may have varied skills, e) socialize the stories internally and externally, and f) choose your partners wisely. Continuously learn…repeat and reflect.

As the lights dim on TMRE 2019, how are we all going to disrupt ourselves? How are we enlisting people and technology to learn, unlearn and re-learn?


Julie KurdJulie Kurd is the VP, Business Development at CMB.

For more insights, please follow us on LinkedIn, Facebook, and Twitter.

 

Topics: Chadwick Martin Bailey, conference recap, customer experience and loyalty, growth and innovation, Market research, professional development, technology

IA CRC - Be The Change

Posted by Julie Kurd

Fri, Oct 25, 2019

Maybe a lack of curiosity CAN kill the consumer insights professional. Speakers at the Insights Association’s Corporate Researcher’s Conference choraled symphony of voices around the concepts of exploration, trust, and curiosity. With the click of a button, Microsoft’s Anne Sedgwick and Anil Damodarans’ voices were transcribed into real-time closed captions as they shared how humans and AI make “a great orchestra.”

Here are some other key takeaways from the conference:

  • Unpacking Curiosity, by Alison Horstmeyer:  We live in a VUCA world (volatile, uncertain, complex, ambiguous), began Alison Horstmeyer in her “Unpacking Curiosity” presentation. Alison asked each of us to pick a photo and answer key questions. My picture was a bike leaning on a tree on a beautiful autumn day. She asked what happened the minute before this picture was taken. She asked what will happen in the next minute. She asked what the most significant thing in the photo is and what the key emotions are. Throughout the session, she motivated exploratory behavior in us, asking us to be resilient, curious, and open. Thanks to her exercise, I could see more opportunities to cultivate openness and ideational fluency, through continuing to venture out of our boxes through: 1) active exploration, 2) engaged inquisitiveness, 3) openness to experience and 4) stress tolerance. She described the value of P.R.O.B.E. or Presence (open ended, listening), Reframe (‘how might we…’), Openness (“tell me more”), Bravery (resilience), Experimentation (attempts in learning).
    CRC blog quote #2 oct 2019
  • Google: “Puppy or Not a Puppy,” by Elizabeth Merrick May: In a world where the market research industry typically statistically tests at a 90% confidence, Elizabeth challenges us with a simple question: puppy or not a puppy? Using this example to describe algorithm training in machine learning, she talked about how in a world of disruptors and disruption, we need to always think about the payoff. Don’t let the world mire you in decisions with minimal downside. Incrementality requires one set of decisions. Leaps require new models. Which is worse to be wrong about: deciding in favor of something that is actually bad or deciding against something that’s actually good?  We can underfit our models (too simplistic to really explain the variance), overfit (add too many options into the possibility so we don’t risk excluding…this makes it hard to replicate). She said a typing tool with the least number of questions yielding the most ‘accurate enough’ output is the one to go with. She challenged us to not over-define things…after all, there’s a downside to being thorough. She encouraged us not to pursue ‘right’ but instead to pursue the ‘right’ amount of ‘wrong’ by setting a risk-based approach. Although pup could be a dog or a seal, ultimately, we are looking for the right amount of wrong.Twitter Mattel blog quote oct 2019 (4)
  • Taboo Discussions and Peer-to-Peer Self-Moderation, by Melissa Spencer, Merck and Kim Bowers, Brado: Want to know about emotional and functional barriers to diagnosing and treating Alzheimer’s? STDs? Topics that Merck and Brado were noodling on included the elephant in the room…was it possible that the qualitative moderator impeded their authenticity by their very physical presence? Could they possibly launch self-moderated, consumer-to-consumer (C2C) discussions? They tried it. And they spoke about how C2C is messy, but the potential payoff exceeded the risks, so they recruited consumers, and, for Alzheimer’s, they asked that person to recruit a few friends for the ‘friend’ groups. They asked these groups to hold ‘book club’ style sessions in their homes, and to videotape it. For the STD discussion, they found that C2C ‘stranger’ sessions—recruited on a guide, and then brought to a facility—worked best.
  • Influence In the Age of ML, by Eric Solomon: Can you embrace curiosity, and the need to experiment? Eric shared the magic that can happen at the intersection of emergent technologies such as Artificial Intelligence and human psychology. If you believe that superintelligence is possible, that intersection shifts the way we tell and consume stories. Eric showed us advertisements that were created by AI, such as this ad by McCann for Clorets gum; And, on watching, tweeting and other behavior, I must have shifted Google’s algorithms, because I got served up the coolest, craziest ad. Does emergent technology disrupt? That girl be a tomboy.

PostScript:  Jeffrey Henning presented the new Insights Professional Certification program which will launch in 2020. The IPC, is an upcoming @InsightsMRX program, backed by @BurkeInstitute, @CambiarConsults, @ResearchRocks, @Rivainc and the @MRII_UGA and includes 5 new topic certifications (IPC Analytics, Practitioner, Qualitative, Quantitative and Specialist). Click here to learn more.


Julie KurdJulie Kurd is the VP, Business Development at CMB.

For more insights, please follow us on LinkedIn, Facebook, and Twitter.

Topics: conference recap, growth and innovation, Market research, Artificial Intelligence, professional development

Will Technology Kill the Research Star?

Posted by Megan McManaman

Wed, Sep 18, 2019

Notes from WIRe’s New Directions in Market Research

WIRe Speakers and Moderator (pictured left to right): Jackie Anderson, Blair Bailey, Bridget Nelson, Beatrice Capestany, and Karampreet Sandu.

CMB was thrilled to host and co-sponsor WIRe’s (Women in Research) lively panel this week: New Directions in Market Research. The panelists—CMB’s Blair Bailey, Shark Ninja’s Bridget Nelson, Reputation Institute’s Karampreet Sandhu, and quantilope’s Beatrice Capestany—provided a lot of insight on the challenges and opportunities facing the insights industry. Through their perspectives, we explored how tech is changing the world of insights and the role of the researcher—a topic that’s been the subject of thousands of tweets, thought pieces, industry reports, and an unquantifiable amount of hand-wringing.

Technology Take Over: Friend or Foe?

We’re happy to report there was little hand-wringing about the death of the researcher and much excitement for the future of insights and market research. Our diverse panel agreed technology won’t obviate the insights role—but it is irrevocably changing it by forcing many researchers to re-evaluate where we can add true value to our clients.

Platforms to Consider

The discussion was as wide-ranging as you’d imagine with a topic as broad and nebulous as “technology in market research.” The panelists sang the praises of Slack to facilitate agile solution development and communication, various automation platforms such as Alteryx and quantilope, and the exciting advancements that Virtual Reality may offer to create powerful participant experiences and insight.

Looking Ahead

Ultimately, the question is not, will the insights role survive into the 21st Century, it is who will leverage the right tools while channeling the data fluency creativity, context, and storytelling acumen that bring meet our clients’ challenges?


Megan McManamanMegan McManaman, Marketing Director, is one of CMB's strategists and insight-miners with a passion for storytelling.

For more insights, please follow us on LinkedIn, Facebook, and Twitter.

Topics: consumer insights, professional development, technology

Lobster Served with a Side of Gratitude to CMB Employees

Posted by Savannah House

Wed, Aug 08, 2018

Last Friday we took a break to celebrate our team’s hard work at the annual CMB Summer Party. It was a hot and humid day—even for New England’s standards—but that didn’t stop us from coming out to celebrate the summer season with a good old fashioned New England clambake.

The Summer Party is one of our favorite days of the year because it brings Boston-based and remote CMBers together for a fun day of good food, conversation, and relaxation. Nothing says team bonding like matching lobster bibs! 

CMB Summer Party 2018 (1)

The whole is greater than the sum of its parts. Call it cliché, but at CMB, it’s true. CMBers are the company’s most valuable resources, and whether it’s at the Summer Party, one of the many CMB Social Committee-sponsored events, or our internal CMBU training program, we continually strive to recognize employees’ hard work, foster creativity, provide flexibility, and encourage professional growth.

CMB Summer Party 2018 (6)

Interested in joining the CMB team? We’re always looking for smart, curious, and experienced market research professionals. Check out our latest openings below:

Open Roles

Topics: Chadwick Martin Bailey, CMB Careers, professional development