Farmers produce 44% milk with 65% fewer cows than 1944

Home > Blog

Blog posts




Article: The Future of Logistics & Supply Chain
October 11th, 2018, by Jim Carroll

The folks at Hiability decided they needed to share with their customers and their industry the fast trends which are disrupting their world. They are one of the world’s leading provider of on-road load-handling equipment, intelligent services, and digitally connected solutions.

And so they found me.

The result was this article, appearing the Hiability Magazine last month. Enjoy!

The intro? “The future belongs to those who’re fast,” says Futurist Jim Carroll, one of the world’s leading futurists and an expert on trends and innovation. As the line between technology companies and traditional companies blur, everything we know about business from retail to inventory all disappear. How can the logistics, transport and material handling sector cope with this eventuality? Let’s fine out.”

Read the PDF, or click on an image. The full text follows below.

 

The future Is Now!
Hiability Magazine, September 2018
by Payal Bhattar

The future belongs to those who are fast’, says Jim Carroll, one of the world’s leading futurist and trends & innovation expert. As the lines between technology companies and traditional companies blur, everything we know about business from retail to inventory will disappear. How can the logistics, transport and material handling sector cope with this eventuality? Find out.

—-

Imagine a world where production lifecycles are collapsing, where inventory is passé and where companies can mass customize products and send them immediately and directly to consumers. Imagine all this not a harsh reality but a huge opportunity that is knocking at the doors of businesses worldwide.

The logistics sector is the heart of this big disruption. Driven by new technologies like blockchain, the Industrial Internet of Things (IIoT), Artificial Intelligence, robotics, 3D printing and analytics. This ‘Amazon effect’ means that we are building a massive new logistics system to get goods directly to people’s homes from factories.

Why store a product when it can be mass customized and sent to the consumer right away through 3D printing and end-of-runway manufacturing? If inventory as a concept disappears, what happens to the very concept of logistics? We will also see neighbourhoods in the future with drone-delivery pads on the driveway. As retail disappears, logistics has taken on a new form and function that is unimaginable,” says Jim Carroll.

Data is King

Take the example of trucks. With technology related to battery storage and electric vehicles developing at a furious pace, moving goods form one place to another is becoming more cost-effective and efficient. Several companies are working on having their own automated fleets where trucks will be self-driven battery-operated electric vehicles that are smaller and compact. Built with just a few thousands auto parts versus the 40,000 to 50,000 parts today these smart vehicles will operate like hyper-connected computers generating several gigabytes of data every hour.

According to a report on the US truckload (TL) Industry by McKinsey, In the long run, autonomous vehicles will reduce the total cost of ownership in the TL industry by 25 to 40 percent, including fuel consumption by 10 percent. Delivery times could fall 30 to 40 percent. Capital expenditures could drop significantly because the number of crashes may decline by about three-quarters. As a result, the bill for insurance will also decline.’

Detroit is no longer in charge – Silicon Valley is. Cars and trucks are essentially becoming hyper-connected intelligent-aware computers that are data-gathering and analysis platforms. They will eventually become an overall part of a massive new energy grid. That’s a big change”, explains Jim Carroll.

In Focus: Last-mile Delivery

It’s not just trucks, big data, robotics and artificial intelligence are already taking over inventory management and warehousing. Today high-vision fully automated forklifts and other robotic and automated guided vehicles are an integral part of the logistics sector. They not only offer more efficiency, higher speed, safety and accuracy in picking and boarding orders for delivery but are also helping companies radically bring down the high costs of fuel and labor.

Experts say that automation and last-mile delivery will lead to unbundling of tasks and create several new jobs which increase the complementarity between human tasks and machine work like supervisors, network managers, fleet managers, drone logistics managers, sensor cleaners, maintenance staff etc.

A report by PwC UK explains, ‘new technologies in areas like AI and robotics will both create some totally new jobs in the digital technology area and, through productivity gains, generate additional wealth and spending that will support additional jobs of existing kinds, primarily in services sectors that are less easy to automate.’

Beyond the Horizon / The Need for Speed

So what are the key trends for 2018 and beyond? Industry experts say that the Internet of Things, robotics, last-mile delivery solutions will continue to fuel the growth of the sector and reshape its landscape. Cobots or collaborative robots that interact with humans and work with the Industrial Internet of Things (IIoT) will replace robots that operate with limited guidance.

As direct-to-consumer manufacturing becomes dominant, the middleman will be eliminated or changed in significant ways. There’s a lot of hysteria about job loss, but few are taking about the new jobs and careers that are emerging, “ says Carroll.

In the year ahead, safety & cyber security will assume more importance for the logistics sector, mobile applications will play a big role and technologies to beat the weak spots in autonomous delivery and transport will emerge. It’s going to be a completely different world and only the nimble-footed will survive. Are you ready?

 



BathFitter is a Canadian company that specializes in customized bathtub inserts – they’re an extremely successful company with an envious track record of growth.They know they can’t rest on their laurels thought, and so they are having me in this morning to keynote their annual franchise meeting.

The fun thing is that they tried to have me in way back in 2004, but I was already booked for an event. Using some rudimentary video tools, I filmed a clip from my bathtub at the time which they used to open up that event.

This morning, I’ll appear in person, but I’ve put together – with my awesome overseas editor Alex! – a 5 minute intro video that will be used before I come out on stage. It includes footage from my 2004 video.

In addition to this video, we filmed another pre-event video which was loaded into the customized mobile app they are using for their event. It plays into the key theme of my keynote – to get to the future, you need to invest in the future!

Do you want to spice up your event a bit in the same way, with highly customized event videos? Most keynote speakers will show up and give you a canned talk, and run away with your money with little effort. Not to disparage them, but that’s not me.

Get more for your investment, by reading what’s involved with these custom videos!



In December, I’ll keynote the DTN/Progressive Farmer Ag Summit in Chicago, with a look at the future of this sector.

I recently filmed two pre-event videos to give attendees a sneak peak. The agricultural sector has achieved much through constant innovation – but there is much more yet to come! Check out the statistics in this first video, and then expand your mind with the opportunities! For this particular video, I did some filming in the field. Literally! 

In this second, shorter preview video, I start out with ‘3 fun facts’ that you might not know about agriculture. Check it out!

Learn more about these pre-event videos here. These are proving to be a great hit with clients!



Here’s a clip you’ll need to get you thinking. I was brought in by a manufacturing company to speak at their global leadership meeting, with a predictive on key trends they need to align themselves to. And of course, I had to close with some guidance on what to do to deal with the reality of those trends.

The content was developed through very careful consultation with the CEO and leadership team, but its’ a good example of how I go from the trends to actual action plans.




In October, I will keynote the Tag & Label Institute annual general meeting in Amelia Island, Florida. I’ve put together two good summary videos that they will share with their attendees in advance of the event, to get them thinking about the issues that they must confront as an industry.

In the first one, I take a look at the key manufacturing trends which will impact this organization, and everyone in the world of manufacturing: 3D printing, the arrival of the smart factory with the Internet of Things, mass customization, rapid prototyping, advanced materials and more.

In the second one, I examine the 3 key issues that the organization needs to address in the short term. This came about as a result of a long consultative call with the CEO of the organization. A good part of my keynote will focus on these issues – that’s a key part of how I customize my keynote for the issues in the room. I don’t do canned stuff!

These are good examples of the types of pre-event videos I’ve been doing for clients, and they are proving to be a smash hit. Learn more!



This September, I’ll headline what must be the longest running conference in the energy industry – let alone the event industry.

I’ll focus on the themes found in my energy keynote topic, “Accelerating Energy: Why Science & Technology Are Accelerating the Future Faster Than You Think!”

I put together this promotional event video for them, and recycled another one previously done.

For more insight on these rends, watch this one:

My clients are in love with these promotional event videos … learn how you can arrange for one.



Read the context of this quote.

Then ask yourself this question: when will it happen? I get asked the question a lot; in fact, again yesterday while in the middle of a golf round.

Here’s how I explained the fact that I think it will happen sooner than people think:

  • EV’s involve enormous simplicity compared to carbon/gas cars. Let’s say, a few thousand parts compared to 40-50,000. Anyone can and will get involved.
  • it involves battery storage, and that is a science that is evolving at a furious pace
  • the entire form factor of a car changes once you get rid of a gasoline engine. They’re smaller, more compact, easier to design and build. We’ll be 3d printing them before you know it.
  • cars are essentially becoming hyperconnected computers. Simply put, that speeds up a slow industry to a fast industry. Detroit is no longer in charge – Silicon Valley is.
  • it’s all about the data. Cars didn’t have data. Now they do. And they generate and process lots of data – upwards of 7 gigabytes an hour for self-driving vehicles.

As I explained in one recent keynote: cars and trucks are essentially hyperconnected intelligent-aware computers, being data-gathering and analysis platforms, that become an overall part of a massive new energy grid.

They aren’t really vehicles anymore, but essentially, something that is brand new. When something is new, it turns on the imagination and creativity machine of people world-wide, and that is happening at hyper speed today.

This is why organizations like Mercedes Benz, Chrysler, Volvo, Mac Trucks and others have had me in for my insight on the most transformative industry change occurring in our world today. Learn more from my keynote, “Accelerating the Auto Industry in the Era of Self-Driving Vehicles



Video: Are You Structured for Speed?
July 31st, 2018, by Jim Carroll

Probably not.

Agility and flexibility in the retail sector is critical; I’m on stage in Orlando speaking to the issue of speed in retail.



Just over 18 months ago, I opened the annual meeting of the United Soybean Board in St. Louis, a group that represents most of the US soybean industry. I was on stage with a message for over 300 soybean farmers about opportunities for future growth. In addition, I spent 2 hours in a private session with the Board of Directors talking about opportunity. To see what I covered, read my blog post from my keynote “Accelerating Innovation: My Time With the United Soybean Board.”

We talked a lot about China and global markets as a big opportunity. Today, the industry is struggling with the fact that they while they spent a lot of time developing China a key market, the country has now targeted their beans with tariffs. They are in the front line of the new global trade war.

Who would have thought? Well, people vote, and votes matter.

With that in mind, watch this video from my good friend Jim Carroll – he’s the head of the Arkansas Soybean Board. Jim and I met when I spoke to this group. It’s a video message with his most recent update to his members – soybean farmers all of them – on their opportunities for innovation.

He’s talking about the same opportunities that I focused on in my keynote: new markets, using soybeans for new products and new opportunities (i.e. meal for fish farming in Egypt), sustainability – the whole idea of not selling ‘beans by the bushel’,’ but selling soybeans for use in different ways for different purposes. Did you know that Ford uses soybeans in seat cushions for cars? That’s an example of the type of innovative thinking occurring in the industry. Continue Reading



You can book a boring keynote speaker who will do the same old. Or, you can call me. Your choice. Here’s what you need to think about.

The Trapeze Group had me in to headline their annual user group conference – individuals thourhgout the global urban transit industry. As with many of my events, I went above and beyond and delivered far more that most other speakers who simply pay lip service, with a custom event video, Q&A and more. Read about that on this blog post, Are You Stuck with the Same Old Boring Keynote? Stop it NOW!.

But wait! There’s more! I also hosted a private meeting of key leaders in the sector; I had CEO’s and senior executives of transit organization from Memphis, Nashville, Long Beach, Dallas, Spokane, Philadelphia and more. This gave them a chance to dive deeper into the issues I framed in my keynote.

 

 

What did we cover? Take a look.

Bottom line? You can book a boring keynote speaker who will do the same old. Or, you can call me. Your choice.



Over a 25 year time span, I have built a remarkably successful career as a speaker, speaking to organizations worldwide about future trends, what comes next, and how best to get there. Take a look at my client list; many of the world’s biggest and most prestigious organizations have had me in for my insight. I must have some views and insight that are worthwhile.

Often, I am booked directly by those who find me online, but I am also regularly booked by some of the largest, most prestigious speakers bureaus in the world. Folks like the Washington Speakers Bureau and Canada’s National Speakers Bureau, among countless others – probably the top 30 agencies in the world actively work with me. I’ve spent a great deal of time over 20 years to build and nurture a relationship with these folks. It’s a pretty exclusive club — I am booked by the same people who book Barak and Michelle Obama, George W. Bush, various astronauts and business executives, sports figures, entertainers and more. It’s not a stretch to say that I operate at the elite level of the global speaking industry, with audiences of several thousand, in locations like Dubai, Oman, Tokyo, London and Washington.

In my spare time, my wife and business partner Christa volunteer our time to a local charity near our ski chalet north of Toronto. To that end, I would like you to watch this video clip about this group, known as Events for Life.

Events for Life provides daytime activities for young disabled adults; we have young people with autism and other disabilities, as well as those with Down Syndrome. Our goal is to give them a pathway and activities that helps them to live an enriching life. We are overjoyed with the results.

Continue Reading



Last week, in Las Vegas, I was the opening keynote for 3,000 people at the National Fire Protection Association annual conference.

I was asked to limit my remarks to 20 minutes. I don’t do TED talks – it’s difficult to fit in all the trends involving a fast future into a short time span! But I did some work, and cut myself back – and you can see the full (21 minute) talk here….



This morning, I have a situation where a client is considering me to headline an event in the road building industry.

I’m encouraging them to get on the phone with me to help them understand I’m the right guy for a highly customized keynote on the future of roads and highways, but while waiting on that, I thought I would simply write them a keynote topic description! Why not – I’ve been doing numerous customized keynotes in this area. Here’s a video clip from a recent one in which I talk about the impact of hyper-connectivity and the Internet of things on the future of roads and bridges – and the fact that none other than Amazon has this business in their sights!

Keynote: The Future of Intelligent Roads and Intelligent Highway Infrastructure

The pace of change with future road and highway technology is going, if you pardon the pun, from fast to furious!

We are witnessing the arrival of intelligent highway monitoring technology, embedded into roads, bridges and other aspects of our transportation system, accelerating the business of road technology to the speed of Silicon Valley. The arrival of V2I (“vehicle to infrastructure”) technology, which allows cars and vehicles to communicate with this embedded, intelligent infrastructure, providing for more robust, intelligent traffic routing. The emergence of the Internet of Things, which promises a new era of hyper-connectivity in the design of vehicles and everything that they interact with. The arrival of new construction methodologies and ideas involving 3D printing, advanced robotics and virtual construction capabilities. An acceleration in the very nature of the materials used in bridge and road construction, such as developments in the science of concrete that leads to new opportunities for tensile strength. The fact that  Amazon is now a harbinger for business model disruption in the ‘business of traffic’ – the organization actually owns a patent involving big data and analytics related to traffic flow, which might provide for a pay-per-access to intelligent highway routing capabilities! The era of self-driving cars, which will take the industry from a slow and simple world of innovation to one that parallels the speed of smartphone innovation! Advancements in battery technology, the rapid evolution with the electrical grid as a result of renewable energy and other trends — and the sudden arrival of roads which charge vehicles as part of the business model of transportation! Intelligent street lights which become an overall part of the transportation system, providing for monitoring, analysis and traffic management! Then there is the skills issue – as the build a more complex road and highway infrastructure of the future, the current range of skills might not be up to the task. Not to mention the arrival of the next generation who will arrive on the job site with their iPad, mobile device, with full expectations of a hi-tech, advanced and sophisticated future of road construction.

Whoah! That’s a lot — and it’s all happening faster than any road and highway infrastructure executive realizes. What is today’s modern road and highway infrastructure executive to do? Align to the opportunities of tomorrow rather than just the challenges of today! Clearly we live in a time of massive challenge, and yet one of massive opportunity, with every industry and organization impacted by business model disruption, the emergence of new methodologies, the impact of technology, and an acceleration of all trends.  Those very things which might have worked for us in the past might be the very anchors that could now hold us back as the future rushes at us with ever increasing speed, particularly in the traditionally slow industry of road-construction

In the era of Uber, Tesla and Amazon, leaders must have the insight into unique opportunities for innovation and change. Everywhere we look, we can see acceleration, speed, and velocity: and in times like these, time isn’t a luxury.

In this keynote on the future of roads and highways, Futurist Jim Carroll takes you on a voyage into how the new rules of business and technology are providing for a reality in which the spirit of agility isn’t just an option – it’s the new normal!

 

 



It probably means that you are in pretty big trouble.

Over the last 25 years, I’ve been brought into an extensive number of Fortune 1000  leadership meetings at a senior level in order to speak about future trends an innovation – simply take a look at my client list to get a sense of who I work with. With this, I’ve seen many top-notch CEO’s who know that their organization needs to change – and fast. Often, I will be on the phone with them in advance of the event in order to understand their perspective on the challenges that are in front of them in the era of acceleration.

And on the other hand, I’ve seen situations involving the utmost of CEO hubris – a belief that the industry they are in, the business model they are structured for, and the customer behaviour they are aligned to, won’t be subjected to any sort of dramatic change. Which is, to put it mildly, foolish and dangerous!

Just about a year ago, I was in to talk to the senior leadership team of a major global company that I will leave nameless. There was a belief, expressed during a number of conference calls with various VP’s, that the organization needed to align itself for the challenges it might face in the era of Amazon business model disruption. The company is in essence, a distributor – a middleman between various manufacturers and the end customers. Amazon could step into and carve out some of the business; this is such a potential threat that numerous organizations engage me for my keynote on the challenge: Disrupting Amazon : Accelerating Strategies for Success in the Era of Industry Transformation.

And indeed, that was the topic for which I was booked!

Moments before I went on stage, the CEO spoke, immediately dismissing the idea that Amazon or other ‘upstarts’ might ever be a threat. Let’s just say it made for an interesting, if awkward, keynote. The folks who had booked me to come in with palpable with their discomfort.

Continue Reading



Our challenge: involvement! In 1964, Kitty Genovese was brutally murdered in New York City as a crowd of bystanders stood by, watching, unwilling to do anything to save her. What does it say for our world when too many people are too unwilling to get involved….”

So began my speech, in Grade 7 or Grade 8, in the Ontario championships for the Optimist Club of Canada. I was all of 11 or 12 years old. I was bothered, I think, by what I was witnessing in the world at the time, and the story of Kitty Genovese, which I saw in a Readers Digest magazine, captured my attention. It became the basis of my speech, which set me on the path for a big competition!

I didn’t win – I was crushed! I was certain I had nailed it! And I couldn’t believe that the kid who beat me had a squeaky little, high-pitched voice, and didn’t seem to deliver with the passion that I did! How did I not take the big prize!

I was given time off during the school day in my elementary school in London, Ontario, Canada, to practice for my provincial public speaking championship . The teachers were probably relieved — I was a bit of a problem student….

Such are the lessons that teach us things later in life…..

So today I’m down in a place called London, Ontario, Canada, south of my home outside of Toronto. It’s where I grew up as a baby, from 1959, until we moved east in 1972. We’re down in the area briefly, and I had a chance to visit some of my old haunts in a rushed visit prior to going to a wedding 45 minutes from here.

Continue Reading



If you’ve been following me, you’ll know I’ve been doing a series of customized event videos which serve as promos for various client events. They’re short, to the point, and effective. 2-4 minutes in length.

Do they work? I’m headed to Houston right now, and the client reported that after they sent oft the video teaser, attendance registrations went up by 75%

Learn more about how I make them in this clip. The magic comes in two forms – I film in my home green screen studio, and then the magic is added by my awesome overseas video producer in Russia! Armine is actually from Armenia, and works in her day job in the TV scene in Moscow. In her spare time, she helps me out! The result is amazing! Literally. Give this a watch now.

Kick your event up a notch with your own customized video. Watch them here – and contact me for more information.

And stay tuned – we will soon be launching an opportunity for a cool video keynote summary! More details to come.



Right after 9/11, everyone predicted that we would see the end of meetings, events and conferences: people would recoil in fear, stop travelling, and cocoon at home.

That was the dumbest thing I ever heard, and I said so in a column I wrote for Successful Meetings, the voice of the global meetings and events industry. Titled “Get Real,” it was bang on with my of my comments and predictions.

Fast forward – technology is changing the hotel, meeting and event industry at a furious pace, and Successful Meetings just ran an article on these trends. It’s a great read. But its kind of fun that they start the article with y comments on the cautious speed fo technology in the sector.

Read the intro below, and read the full article here.


7 Hotel Tech Trends to Watch
Whether it’s chatbot concierges or self-check-in kiosks, hotels are getting smarter
by Ron Donoho | April 02, 2018

Robots. Facial recognition technology. Virtual and augmented reality. There’s a seemingly unending stream of cool tech tools flowing out of research-and-development centers and into all corners of the meeting and hospitality industries. It’s influencing hotel and event check-in processes, adding bells and whistles to guest rooms, and innovating meeting spaces. To borrow from Thomas Dolby, they’re blinding us with science.

Continue Reading



Wow, is it almost May 1? What a fabulous start for 2018, with keynotes in the lsat 4 months at events in Dubai, Dallas, Houston, Jacksonville, San Francisco, Calgary, San Antonio, Austin, Ft. Lauderdale, Miami, Nashville, Chicago, Albuquerque, and the Town of  the Blue Mountains! (You’ll have to read to the end to understand that last one!)

These have involved association as well as corporate leadership talks that have focused on a vast range of different topics. Everything from disruptive trends, agriculture, transportation, finance, food and consumer behaviour, the energy and utility industries, economic development in the era of acceleration, insurance, healthcare, manufacturing, mining and resources,  to the future of self-driving cars, and more! Here’s an overview of the highlights!

World Government Summit, Dubai, UAE

I was invited to speak at this massive global conference, with 3,400 attendees from 60+ countries worldwide. It’s sponsored and opened by the Prime Minster of Dubai, His Highness Sheikh Mohammad Bin Rashid Al Maktoum, and tasked with the issue of examining the future role of government in solving some of the challenges of our time.

It was an absolutely fascinating event; I shared the agenda with other speakers such as Goldie Hawn, Robert deNiro and Forest Whittaker, the head of the International Monetary Fund, the Prime Ministers of France and India, and more!

Continue Reading



A good friend just posted on LinkedIn that he thinks “big data” is a hoax.

Let’s start with my golf game. As I describe on stage, I get really good real time data on how bad my golf game is!

The pace and reality of big data depends on the industry, the company, and so much more. Precision farming? It’s very real.  Retail? Amazon has it! Other industries? Maybe not so much. It depends on the industry and so much more.

Big data is one of those things that is at different locations along the Gartner Hypecycle depending on a lot of different factors.

Fore!



Video: The Future of Professional Services!
April 26th, 2018, by Jim Carroll

Just-in-time knowledge. The acceleration of knowledge. Faster emergence of new issues. Skills specialization.

Over 25 years, I have spoken to dozens of professional services firms, including the largest global law and accounting firms. I recently filmed a pre-event video for a global law firm for whom I’m speaking – and cut this generic version from what we did. It’s a good watch for insight on what comes next!

Send this to a friend