Managerial Appls of Info Tech

Managerial Appls of Info Tech

Table of Contents

1. Business problem statement 2. Company background 3. Discussion of business issues 4. Benefits of solving the problem 5. Business/technical approach 6. High level solution 7. References

1. Business problem statement

Their mission is to provide financial security and insurance products and has a very important purpose, annuity and investment services for insurance products. Also to provide incentives for families and business owners to reach agreement to set appointments for financial services and several charities that with being a resource center of influence, and investigative units around them.

2. Company background

Established in 1845 and located in New York, New York Life Insurance Company is a Fortune 100 company and is the oldest and one of the largest mutual life insurance companies in America. The New York Life maintains operations in all 50 states and many markets in Asia and Latin America. The Company holds the highest rating for financial strength from four major players in the industry life insurance rating. In 2010, New York Life Insurance Company posted record sales in the U.S. individual life insurance, an increase of 39% 1 in 2009 and far above the industry growth of 12% in 2010.2. The New York Life offers a large staff of experts to support all products and give them to personnel training for their first 36 months to guarantee they are fully informed of any decision. by ( https://www.facebook.com/WhitneyHendersonAgent/page_map)

3. Discussion of business issues

These business models help in the sales sector, because the creativity is indispensable to build the business, but in a highly regulated industry, compliance aspects must be observed.

4. Benefits of solving the problem

Enables the agent to work with partners and with the rest teammates managed to be able to return to the appointments made and how one could review the case and turn outlook calls for appointments in place, which would equate to a later income .
Also a factor is the means to earn 50% fee for the service working with another agent in the same company.

5. Business/technical approach

Business owners appreciate their business networked, author is utilizing Google sites to promote clients who agree to take steps necessary to do business, as an appreciation for filling up a survey, allocating 15 minutes of their busy schedule to sit down with a financial services professional to learn about the ways our company is able to benefit them, either now or down the future. Google site initiated is https://sites.google.com/ site/milestones resource/ to provide incentive that the overall result of the time together would provide free advertising to their business and/ or profession.
In the course of fact- finding and FNA, in order to induce client to participate, premium offers will be rewarded upon completion of stated requirements.
Having worked in the marketing arm of with Hilton Grand Vacations Club in Las
Vegas, couples and individuals were pre-qualified based on status and income requirements. Certain gifts were offered such as show tickets and dinner upon sitting down with 90 minutes no obligation to buy presentation. They had to sit through the entire 90 min. presentation.
Author presents a solution to make a hybrid of incentive to prospective client based on match on client’s match of desires.

6. High level solution

The discovery of models and the relationships from major kinds of the unstructured data, the type of data that we have established in e-mail, phone talks, blog posts, online customer surveys, and tweets. Mobile digital platform increased the explosion in digital information, hundreds of millions of people calling, texting, searching, "MAPPING" - using applications, buying goods and was writing billions of e-mail on the go.

7. References:

1.http://www.mdpreferredservices.com/md-preferred-award-recipients/new-york-life-1
2. https://www.facebook.com/WhitneyHendersonAgent/page_map
3. http://www.newyorklife.com/about