2020: Seeing More Customized Behavioral Experiences

2020: Seeing More Customized Behavioral Experiences

Navigating differences is a key problem to be solved as it is a strength when you can do it and a liability when you cannot. That’s at the core of our behavioral insights work over the years, whether looking at the individual, team, organization, family or other scenario, like business-customer, hiring manager-employee or financial advisor-client.

One long-in-the-making manifestation of that work was completed this year and will officially debut Jan. 7, 2020: a book, Leadership Behavior DNA, Discovering Natural Talents and Managing Differences (Freedomstar Media), co-authored with (Ret.) Colonel Lee Ellis, who I consider my mentor.

The premise of our book: Whatever your leadership style, learning to recognize and better manage differences is the key to building a winning culture and improved productivity. Leadership Behavior DNA is grounded in statistical research and data from millions of clients and more than 45 years of workplace experience. Disrupt how you lead, perform, and relate to one another, with this book – and me and Lee – as your guide(s). (I have an “in” with one of the authors, so let me know if you’d like a copy of the book prior to the official launch.)

A strength of the book stands in the fact that it is tested. The behavioral insights and application thereof are real-world tested and validated by academia. Perhaps best, we’ve had ample opportunity to account for diverse anecdotal feedback from customers, business partners and others. And we continually look for creative ways to gain other perspectives.

As an example, this year we implemented a series of “Future Tech” dinners – think “Mastermind” meets think-tank meets great meal at which participants discuss behavioral challenges and solutions and the future of leveraging behavioral insights at scale across a broad range of applications. (Say that three times fast.) We gathered those both familiar and unfamiliar with our behavior tech platform to openly reflect on and ideate about DNA Behavior tools, how they applied and what we might not have yet thought of.

We also worked hard and enjoyed taking our behavioral insights solutions to more audiences and new platforms via our agile API (which is now enabled with AI and machine learning). For some time now our API has helped a variety of organizations quickly “plug in” the DNA behavioral chip to discover and leverage behavioral insights already within their people and systems. By leveraging a suite of enterprise-ready AI services, applications, and toolsets, we can accelerate the adoption of behavioral insights across large enterprises of all sizes in any industry and in many market channels.

As current events and news shape the world, think of how behavioral insights might give you a leg up. For example, there is much talk of recession: Financial advisors and many other professionals can help themselves and their clients be prepared by leveraging behavioral insights. An easy way to explore how a behavior insights tech platform might help navigate challenges in your realm, is our weekly Open Office Hours. After a quick primer, ask questions – no cost and no obligation. Or find us at one of the many conferences and speaking engagements we do throughout the year, ranging from those focusing on human resources to wealth management, API (natch) and more. I’ll of course increasingly be on the road in 2020 talking about the book.

For now, I can share a trend we’ve been observing that is heartening: Increasingly, medium-sized and larger organizations that truly want to leverage people data – up to and including behavioral insights – are leaning in, up to and including installing a Behavioral Sciences Division led by a Chief Behavioral Officer or other dedicated champion of getting the most of the vast amounts of data now available, personalizing every interaction.

I’ll leave you with a trend I saw emerging this year that I expect to continue in the New Year: Medium-sized and larger organizations leaning in to more fully leverage people data to deal with the vast amounts of data now available, personalizing every interaction. Using technology to customize behavioral experiences on a mass scale is the emerging innovation and we are leading the charge, including having designed a Quick Scan product to meet the unparalleled opportunities in this area.

What behavioral insights (and related) trends do you see on the horizon for 2020?

Cheers,

Hugh

Hugh Massie

Hugh Massie

Hugh Massie - President and Founder of DNA Behavior International

Hugh Massie is a Behavioral Finance Strategist helping people and organizations worldwide "behavioralize money". His purpose is to guide people to be Behaviorally SMART for achieving greater financial empowerment so they can live with meaning and unlock their human potential.

Hugh liberates investors, advisors and organizational leaders with a unique blend of financial personality and economic insights to make improved life, financial and business decisions.In particular, he helps people become more self-aware so they do not make emotional decisions under pressure which sabotage their relationships and long-term horizon goals.

Hugh has over 60,000 hours of experience serving millions of investors with assets of $1 to $1 billion+ and the leaders of more than 2,500 businesses in 123 countries. (www.BehaviorallySmart.com)

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