Archives for February 2008

Future careers: Knowledge explosion is key

February 22, 2008 by JimCarroll

Career issues are hot! And one of my favorite ways to open a keynote or executive session is by quoting from an Australian study, which indicated that sixty-five percent of the kids who are in preschool today will work in jobs or careers that don’t yet exist.

I passionately believe this to be true: and I’ve seen the trend occurring in countless professions and industries.

This week, I keynoted a Career Day event at Capitol One in Richmond, Virginia ; the focus was on the rapid emergence of new careers, and the rapid evolution of existing skills. My message, in looking at the future career opportunities, was that there’s nothing but upside, as long as people keep reinventing their skill set.

The topic of the future of careers is a big one these days; I’m being called into many organizations and events to talk about the issue, particularly in the context of recent economic trends. Some of these events have been local economic development conferences. In one talk in January, I spoke to an audience of executives and educators in an auto-sector city ; a group of people caught up in the throes of economic restructuring and turmoil.

Talk about an audience in the midst of challenge! Yet when you are in that type of economic bubble, it can be hard to see the future career opportunities that do exist. That’s why I didn’t focus on the short term economic turmoil, but instead, on the real, practical trends that are defining the careers of tomorrow.

Many sectors of the global economy: and in particular, the manufacturing and financial sectors, are being hit hardest by the US recession, the sub-prime meltdown, and global competition.

The auto-town event got covered in the local paper: and the story ended up being reprinted throughout the Canadian press, including in Vancouver, Calgary, Ottawa and Montreal. One of the key observations I made in the article: “We have to figure out how we can continue to move up the knowledge ladder because there’s going to be a massive shortfall in specialized skills because of the rapid growth of knowledge.”

That’s an important issue to think about, and the article is well worth a read.

Read Knowledge Explosion Key to the Future
Read Global Economic Trends: An Interview with Jim Carroll
The reality of future trends: grab the What Comes Next trends overview

What do innovative organizations do?

February 12, 2008 by JimCarroll

One of my recent keynotes for a global organization focused on the issue of high-velocity change. No matter who you are and what you do, there are certain realities: your markets, customer expectations, competitors, cost structure and business model continues to change really, really fast, and will continue to do so. This little video clip captures that message.

Innovative organizations recognize this reality, and orient themselves to a state of constant, forward-oriented innovation, not only to keep up with but to exceed the constantly rising bar of innovation that surrounds them. They do this by subscribing to several key ideas. Innovative companies:

adjust to rapidly evolving markets: it doesn’t matter what industry: consumer goods, pharmaceuticals, electronics, industrial supply, construction. Every industry is impacted by massive and sweeping change, in terms of product innovation, customer expectations, new business models. Look around you, and there’s fast paced change.
re-align for new workforce realities. With new career attitudes, the migration to the global, contingent workforce, and increasing skills specialization, deploying the right skills at the right time for the right purpose is becoming a core focus of innovation efforts.
jump on rapidly emerging trends: new ideas now evolve faster than ever before because of the global infinite idea loop. New products, markets and innovation can now go from concept to market in a matter of months or weeks. Innovative organizations know where they are headed, because they are tuned into the global idea loop that envelopes them.
track the impact of fast-science on product innovation: billion dollar markets are being born through global collaborative science. It’s a trend I explore in my Future Trends document on this blog. Understand it, and innovate from it.
generate ideas through generational collaboration: innovative organizations recognize that different generations have differing attitudes towards change. Rather than battling this reality, they work to ensure that they are getting the best ideas from the experience of longer term staff, combining that with the inspiration and innovative ideas coming from what I call Gen-Connect. Watch the cardboard people/plasma people video on this blog: it provides a good example of what can happen if you don’t capitalize on generational insight.
streamline process: innovative organizations focus on the concept of “agility” — structuring themselves for rapid response, fast solutions to emerging challenges, and quicker focusing of resources on the changes occuring within the high velocity economy. Search this site for the phrase “agility,” and you’ll find a wealth of ideas.
innovate upside down: innovative organizations recognize they can’t do it all. They seek partners with everything they do, recognizing that there are of lot of really wonderful innovative ideas that transcend their organization and their culture. This allows them to discover new innovative ideas they hadn’t thought of before; a process I call upside down innovation.
continue to innovate in times of stress: it goes back to my recent blog post, Leading in turbulent times: How to innovate through the recession. Some economies might be in recession: but innovative organizations are already focusing on innovating for the inevitable upturn.

Learning how to innovate — through skiing!

February 10, 2008 by JimCarroll

It’s a Sunday afternoon, and a full day of skiing is done: and all the roads home are closed because of the snow. So we’ve settled in for an evening in the chalet with blankets of snow falling outside.

Skiing provides a wonderful metaphor for innovation; it involves taking risk, trying to do things you haven’t done before, and always seeking for improvement. When you ski, you are constantly exploring new territory, examining new methods of doing things, and making discoveries that lead to something unknown. Skiing involves constant skills upgrading; there’s no end of opportunity for new ideas by examining what others are doing on the hill.

The same type of thing you do when you instill an innovative mindset, either on your own or within an organization.

Two years ago, I keynoted an audience of thousands at the Swiss Innovation Forum. In my closing remarks, I linked the innovation theme to skiing — because I was leaving from the event to ski the Swiss Alps. That for me was a huge achievement – because I didn’t know how to ski less than 9 years ago.

I’ve caught that little video clip — it’s a little bit inspirational, and perhaps a little bit hokey, but captures for me, the importance of the link between innovation and skiing.

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