Rebranding the Chicago Marathon
Yesterday was the 31st annual running of the Chicago Marathon. Formerly known as the LaSalle Bank Chicago Marathon, it is now the Bank of America Chicago Marathon as the latter bank bought the former. Drawing over 45,000 runners, it is a major event winding through the Windy City.
With the name change came a brand change. This was not surprising, as Bank of America owns the marathon. This is the former branding for the marathon:


However come race day, the remnants of the old artwork were no where to be found on TV or along the course, and just the following was used:

For the sake of full disclosure, I am a Bank of America shareholder, though I never purchased the stock. I originally purchased stock in BayBanks, which was acquired by Bank of Boston, which was acquired by Fleet, which was acquired by Bank of America. Where their tag line is “bank of opportunity” to me it should almost be “bank of mediocrity?”
Did you enjoy reading this? You are welcome to subscribe to The Hot Iron by RSS feed or by email.
Tasting Coffee 2.0
A few months back I was invited by Joffrey’s Coffee to taste and evaluate their coffee Jamaican Me Crazy. I liked the coffee, but it was a little mild for my taste. Needless to say I was not the only person in social media to evaluate their coffee. The other day I received a sample pouch of their incarnation based on that evaluation – Coffee 2.0.
Coffee 2.0 “contains many bug fixes” as Joffrey’s stated on the accompanying brochure and based on the feedback from over 1,500 bloggers, they created this blend that is mild tasting yet bold in the caffeine department. And as you can see from the accompanying photo of the package, they have embraced social media with their packaging, complete with tagging and caregories.
I decided to throw the coffee into production and sampled it in real-time on a weekday morning. It smelled great, but the taste was a little milder than I was used to. The sample pouch was of ground coffee, and I may order a bag of whole beans, as I typically add more beans than usually recommended when brewing coffee, so the taste could be adjusted to my liking. As for the “effectiveness” of the coffee, I was in good working form the day I drank it in the morning, so the caffeine levels were just right.
Even if I did not like the taste of the coffee at all, I surely like the approach. The idea of crowdsourcing, which I covered in a previous book takeaway, is increasing globally where the crowd – the potential customers – provide their input to the eventual products and services they will buy. Companies such as threadless and crowdSPRING in Chicago are blazing this trail and are quite successful. I hope to see Joffrey’s continue to be in this good company.
Did you enjoy reading this? You are welcome to subscribe to The Hot Iron by RSS feed or by email.
Diary of a LinkedIn Group
There they are, after the job listings, education and accolades. They are like little merit badges, pinned to the scout’s uniform that is your professional profile. Each one identifies you with something, perhaps something greater than you yourself. But why are they there, and how did they come into being?
With no apologies for the drama, I am referring to LinkedIn Groups. If you are on the business social networking site, you probably are a member of a group or 2. Or many, many more. I too am a member of many, and as well am an owner of one and a manager of another. It’s an interesting tale, one that has evolved, and one I would like to share.
One day I got an email from my friend AJ, inviting me to be a member of the ex-CSC Alumni LinkedIn group. He had just created it and wanted me to be a manager and backup resource for it. I said sure, why not? We both worked for CSC and with him Down Under and me in the States, we should be covered. The role of a manager is to approve or deny membership in the group, and now to moderate discussions. People submit to be in the group, and upon review they are accepted. As anyone can create a group, it is up to them to set the rules for inclusion. As thousands if not more have worked for this global firm, we didn’t surely know all of them and that was the only way to verify people – with honesty.
And the fun began. Originally the only way to learn of a group was for the owner or manager to promote by email, or to see the group icon on someone else’s profile and click it to get to the request page. Today there is a search function on groups. When search went live, we found there were other CSC Alumni groups already, but ours was (and is) the largest. Interestingly, many people requested to join the group who never worked or were affiliated with CSC, or never replied to our request to verify their past employment by adding it to their public profile.
Coming off the success of this group, I decided to create one for former employees of IDX Systems Corporation, a healthcare software company acquired by GE Healthcare a few years ago. This allowed me to go through the group setup process myself. I created an icon for the group (or merit badge as I called them before) and where I did not use the IDX logo I did match its Pantone color. After a couple of days, the group was approved and I contacted a few people to be of the first to join. I also asked a trusted, former colleague at IDX to be a manager on the group. With similar experiences to what I found with the CSC group, the IDX group is close to 500 as of this writing.
Now what? LinkedIn is rolling out additional group features, including the ability to message the group and discussions among group members. So far, these features have been slow to take off. But I like LinkedIn Groups and it has been a great way to reconnect with former colleagues and grow my own network.
Did you enjoy reading this? You are welcome to subscribe to The Hot Iron by RSS feed or by email.
Next likemind Chicago on Friday October 17 - New Location
The next likemind will be Friday, October 17, 2008 in dozens of cities around the world.
In Chicago, it will be at Spa Cafe, 112 W. Monroe, between Clark and LaSalle Streets in the Loop. Note this is a new location! The Gallery 37 Cafe closed on us last month without notice, and we needed to find a new location. Spa Cafe is a locally owned place with good coffee, tea and morning goodies, and a good setting for people to gather.
Check out the Spa Cafe Web site for more information, and you can find your way with a Google Map to Spa Cafe here.
I call likemind a gathering of creative-minded people, from various disciplines including Internet, advertising, art, social media, et. al.
No RSVP is required. You are also welcome to join the likemind Chicago Facebook group.
Did you enjoy reading this? You are welcome to subscribe to The Hot Iron by RSS feed or by email.
Seek Win-Win Situations
As a business owner, there is nothing like a sale. Revenue, income, the chance to pay yourself! When we make those sales, however, how often are we thinking of the person on the other side? As well, when we buy something or make a business deal, how do we feel? It is in this thinking that I strive to seek win-win situations in business.
To begin with, I truly believe win-win situations can exist. This does not necessarily mean each side is 100% in the same position as the other, but there is no reason why a business deal cannot benefit each side. Such a win-win situation can exist for a mere transaction or a long-term business relationship.
First and foremost, the business deal should be a win for you and your business. If not, you’re already down one win. The win is determined by the particular point in time – if it works now, great. But if you may not think it may work out later, plan that into your negotiation and contracting. Many times business decisions are made due to a behind-the-8-ball situation. Proper structure can help you in either renegotiating your deal later, or for moving on.
When thinking about the person or business you will be doing a deal with, how can you know for sure it will be a win for them? One is to outright ask them, or extend your due diligence to see if it is. A true win-win can be very positive for you, in additional business down the road, a great reference as well as referrals for business from their network.
When I started Dunkirk Systems almost 4 years ago, I was looking to get any client I could. Ever heard of doing something just for the money? Yes, I did some projects for that reason. But as I networked with others over the years, I found I was not alone in this. Today, I have a more formal evaluation process in place when it comes to taking on a new client or project. Many factors play into the decision, and overall they center on one – will it be a win-win?
Did you enjoy reading this? You are welcome to subscribe to The Hot Iron by RSS feed or by email.


