“If innovation involves imagination, flirt with the future! Find a friend to help you focus on finding fascinating opportunities!” – Futurist Jim Carroll
Daily Inspiration: “Get your ideas in motion! Establish a laboratory for thinking, build a structure for sharing, create a bit of room for testing and then implement a factory for doing!”
“Get your ideas in motion! Establish a laboratory for thinking, build a structure for sharing, create a bit of room for testing, and then implement a factory for doing!” Futurist Jim Carroll
Upcoming Keynote: Future of Retail (in the era of Amazonian Disruption!)
This fall, I’m headling a major retail event in Las Vegas – Xcelerate 2017! Details are here.
There’s a lot of change underway – and certainly, the Amazon/Whole Foods situation is a wake up call for everyone. I’ve been speaking about the decline and transformation of traditional retail for over 20 years. In the 1990’s, I even wrote a book about e-commerce that was translated into German and Russian, as well as being picked up and distributed by Visa USA to it merchants.
Retailers must scramble to keep up with fast paced change. Maybe that’s why Godiva Chocolates has had me to Europe twice this year for insight on what’s going on.
Here’s the description for my September keynote.
The Disruption and Reinvention of Retail: Aligning to the World of Speed
It’s hard to discount the speed of change occurring in the world of retail and consumer products. Consider this: E-commerce could be 25% of the retail – grocery and convenience — experience by 2021. Shopper marketing,” which combines location intelligence, mobile technology and in-store display technology for a new form of in-store promotion, continues to move forward. Mobile payment involving Apple Pay and disappearance of the cash-register, providing opportunity and challenge with loyalty, infrastructure and disruption. Then there is Amazon Alexa, AI and shopping bots! Simply talk and products are added to your shopping cart, and delivered within an hour! Let’s not stop — there’s also the rapid installation of “click and collect” infrastructure (i.e. an online purchase, with same day pickup at a retail location). And last but not least, the arrival of active, intelligent packaging and intelligent (“Internet of Things”) products, collapsing product life-cycles, rapid product obsolescence and the implications on inventory and supply chain!
We are going to see more change in the world of retail in the next 5 year than we have seen in the last 100. Savvy brands, retailers, shopping mall and retail infrastructure companies are working to understand these trends, and what they need to do from an innovation perspective to turn them from challenge to opportunity. Futurist Jim Carroll will help us to understand the tsunami of change sweeping retail.
When the GAP went looking for a trends and innovation expert to speak to a small, intimate group of senior executives, they chose Jim Carroll. He has been the keynote speaker for some of the largest retail conferences in the world, with audiences of up to 7,000 people in Las Vegas, including Consumer Goods Technology Business & Technology Leadership Conference • Subway • Multi-Unit Franchise Conference Las Vegas • Produce Marketing Association Fresh Summit • Consumer Electronics Association CEO Summit • Retail Value Chain Federation • Yum! Brands (KFC, Taco Bell, Pizza Hut) Global Leadership Conference • Burger King Global Franchise Meeting • VIBE (Very Important Beverage Executives) Summit • Manufacturing Jewelers Suppliers of America • National Home Furnishings Association • Do It Best Corporation • US Department of Defence Commissary Agency • Readers Digest Food & Entertainment Group Branding/Retail Summit • Professional Retail Store Maintenance Association • National Association of Truck Stop Operators • Convenience U annual conference • Point of Purchase Advertising International Association • Chain Drug Store Association of Canada • Canadian Council of Grocery Distributors • Canadian Federation of Independent Grocers
The Story Behind the Picture: “Establishing a Committee Guarantees Innovation Paralysis”
It’s Monday morning, and I know of 3 situations right now where an organization is considering bringing me in for a keynote, and there is a committee involved.
2 of these 3 decisions have been dragging on for more than few weeks. I suspect that I might get 1 of the 3 assignments, because committees often simply cannot get the simplest of things done.
Which, of course, is how organizations often miss out on the future. They are too busy deferring decisions through delegation of those decisions to a committee — with the result that a decision can’t be made.
Committee’s work in some cases, but in many other situations, result in that dreaded disease I identified years ago: aggressive indecision.
Does this happen often? Yup! I had a similar decision last March and wrote a blog post around the same idea!
Daily Inspiration: “Establishing a committee is a guaranteed prescription for innovation paralysis.”
“Establishing a committee is a guaranteed prescription for innovation paralysis” – Futurist Jim Carroll
Daily Inspiration: “The only things we can use to change the world, are the things we invent!”
“The only things we can use to change the world, are the things we invent!” – Futurist Jim Carroll
Think about the trends emerging today : Self-driving cars, 3d printing, crowdfunding, the sharing economy, blockchains, personal drones, swarmbots, smart dust, vertical farms, Internet of Things, cognitive computing, smart factories, artificial intelligence, augmented reality, quantum computing, intelligent farms, smart clothing!
If you can’t find opportunities for innovation today, you aren’t thinking hard enough! ‘’
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