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It’s the era of acceleration, and the future belongs to those who are fast!

“Reinvent. Relentlessly!” – #Futurist Jim Carroll

You always need to try to be a new you, because today is a different day. Maybe yesterday’s you won’t be good enough for the you that you need to be today!

Crazy message? Not really – as a species, we have never lived through a more dramatic period of fast paced change.

This stage shot? I’m at the Franklin Institute in Philadelphia, which celebrates the science, insight and inventions of one of the greatest minds of our time, Benjamin Franklin. What a fabulous setting for a dinner keynote a few months ago!

I was actually speaking at an innovation dinner awards celebration for Chemours, a leading global chemicals company. Called the 2018 Chemours Plunkett Awards, the evening celebrated key customers who had achieved breakthrough results through a focus on innovative and creative thinking.

I love awards dinners, and I’ve done quite a few over my 25 year speaking career! Let’s celebrate those who have done great things!

Part of my message to the audience was that continual reinvention though innovation is critical in today’s world. Products go out of date faster than ever before as product lifecycles collapse; fickle consumers can send a brand from hero to zero in moments; there is always a potential competitor around who is eager to ‘steal your lunch.’

So – reinvent!

Fun fact: it was the discovery of one single new chemical substance that permitted Apple to miniaturize the hard drive for the original Apple iPod, leading to the birth of a multi-billion market. Guess how many new chemical substances will be discovered in next 50 years? Billions!

Opportunity abounds in such a reality! This requires a mindset in which the ability to come up with new products is critical, and that is why we celebrate innovation heroes – like those who were in the room this particular evening.

Past glories won’t define your future success – so change yourself. Your track record from the past is irrelevant for the future if you don’t align yourself quickly to new realities. Your old success will not define your new success.

Your ability to reinvent yourself is the essence of your future being. Do it now!

#motivationalquotes #inspirationalquotes #speakerlife🎙 #innovation

Video: Stage Introduction
December 6th, 2018

I love my client DTN! This is the introduction video they put together for my keynote headlining the DTN Ag Summit in Chicago the other day!

In your life, you discover real magic when you share the stage with a special needs child who knows nothing but love and joy – and who gives you a fist bump with a huge smile on his face.

That’s what happened on the weekend, when a 26 year young adult with Down syndrome ran up to join me near the stage while I was offering up a few words at the annual Christmas dinner for Events for Life. Thomas Butler, my good friend with the fist bump, unexpectedly came to join me! It made for a moment in a short talk that I won’t soon forget. Watch it now – and listen to my message!

Events for Life is a charitable initiative for special needs young adults in Thornbury, Ontario, near our ski chalet. My wife Christa Carroll is on the Board of Directors; I’m their techie-geek, doing behind the scenes work with their Web site, IT stuff and more. My son Willie Carroll is also fully involved with additional IT support. My other son Tom spends time on the ski hill with both Thomas and the young fellow Michael Simon also mentioned in my talk.

We as a family are fully engaged in this initiative; it is teaching us much about the role that we can play in helping those who might be considered to be less fortunate.

Thomas is a member at my ski club; I’ve experienced the magic of watching and going with him as he snowplows down the hill in his own unique style. He spent 3 hours with me on the hill one day – that meant a lot to me, since I seemed to have broken through. I’ve learned lots!

EFL has had a profound impact on my life, and my understanding of the world around me. If you do anything today, invest some time with some special needs children and adults. They can teach you more about the world than you might ever know.

Visit us at https://eventsfor.life

That’s the problem that many financial services industry companies have — they are in a world in which they are having to respond to the challenges of fin-tech, disruptive business model change and more, and yet are running on an infrastructure that is still largely tied to the technology of the 60’s and 70’s.

That’s the modern day dilemma – and that’s part of what I will discuss when I open SAP’s 2018 Financial Services Industry Day conference in New York City next week.

To stir up interest, I filmed the little sneak preview above.

What happened? SAP has a BIG PROBLEM – in that the number of registered attendees is DOUBLE their expectations. Too many people have signed up!

What a nice problem to have. We know from experience that there will be a number of no-shows – it’s always the case – but still. It goes to show that senior executives from many of the world’s largest financial services companies – banks, insurance companies and more — are clamouring for insight on what to do in the era of acceleration. And that’s what I will cover in my keynote, and more.

(Do you run similar events, and want a similar BIG PROBLEM? Read more about my promo videos here).

In the last few months, I’ve had two keynotes where I’ve put in perspective the marriage of the Internet of Things with blockchain as a trend. This is a pretty massive issue yet one with a lot of hype and hysteria. I’ll have lots to post and say in the coming months on it. Here’s a short clip from one of those talks:

The first of these events was a leadership meeting was for Columbus McKinnon, a manufacturer of overhead cranes used in manufacturing, entertaining, shipping and logistics; the second was for the Canadian Finance and Leasing Association. The first group asked me to outline for several hundred of their engineers and sales staff how the essence of what they build and sell will change as they become ‘smart and hypercpnnected;’ the other wanted a talk that put into perspective the fact that the very nature of what they lease will change through such connectivity.

Here’s the thing: most #IOT (Internet of Things) projects today are a complete failure – they are insecure, built on old outdated Linux stacks with mega-security holes, and ill-thought out architectures. My slide on that fact? Simple: a reality which is already happening today. This type of negligence will doom of the future of the products of many of the early pioneers.

So here’s the thing: if organizations are going to build a proper path into the hyperconnected future, they need to understand and follow my “11 Rules of #IoT Architecture.” Read it, print it, learn from it : this is what you need to do as you transition to becoming a tech company. Some of the biggest organizations in the world have had me in for this detailed insight – maybe you should.

My inspiration for how to build the future right comes from Apple’s robust Device Enrolment Program architecture, which lets an organization deploy, manage, upgrade and oversee thousands of corporate iPhones or iPads; and Tesla, which is not really a car company, but a hi-tech company.

And so in both of these talks, I put into perspective how Tesla has (without knowing it, LOL) been following my rules. First, think about what a Tesla really is – here’s my slide….

Going back to my list of the 11 Rules of IOT Architecture, you can see that Tesla has met a number of the conditions …

Go through my IOT architecture list and think about what has been engineered into the computer that is a Tesla.

Upgradeable: any device should have the ability to be upgraded from afar, automatically, either by user choice or centralized management”.

Got that. Consumer Reports didn’t like the braking distance on the Model 3. No problem: that’s a software update.

“Feature addition capable: the design should provide for the addition of future capabilities, some of which might not be imagined yet at the time of development.”

You can do that when you buy your Model 3.

“Prognostic, diagnostic: each device should be able to self-diagnose and report when it is not working correctly.”

Yup, built in.

“Self-repairing: better yet, it should not only know when things are going wrong, but have the capability to fix it once it is aware”.

Let’s fix it at night….

“Programmable: the device should be controllable by users, to the extent that is possible within a predefined robust security and privacy architecture.”

User/driver interactivity is at the heart of operator interaction.

“Self-reporting: the device should be able to report on a wide variety of information pertaining to operations, proximity, location, status, etc.”

Built in. And yes, there’s an app for that (above).

“Swarm data-generating: it should be able to generate types of information that, in concert with other similar devices, is able to be manipulated to provide some unique operational, predictive or maintenance-information data-set (or more)”.

It’s a data gathering machine.

“Intelligence-capable: it should have or be provided capabilities to make its own decisions based on input data.”

As in, a new AI based, neural network…..

“Grid-connectable:  it should be able to exist or participate within a connected series of devices to achieve some original or newly conceived purpose.”

Vehicle-to-grid connectivity is a huge trend!Tesla isn’t participating fully yet, but it will. Your car battery becomes a part of the energy grid….

Here’s the thing: Elon Musk understands the need for a great IOT architecture. Most CEO’s of Fortune 1000 companies don’t, and until they get someone who does, their project will be a fail. They’ll likely put the future of their company at risk through security and privacy failures, product failures and more.

Get with the program, folks!

I’ve had several keynotes recently where companies in the manufacturing, transportation, automative and financial industry have asked me to come in and help them sort of what is going on with Bitcoin, Blockchain, the Internet of Things, and business model disruption.

That’s typical of the type of highly customized keynote that I take on. What caught the attention of these clients, leading to keynote bookings in Las Vegas, Montreal, Vail and elsewhere, was my keynote topic, “Cryptocurrency, Blockchain, Bitcoin and the End of Money: Understanding the Ultimate Disruption“. Learn about the that topic here.

With that, here are two clips that give you the essence of what you need to know.

First, BitCoin. Seriously, it’s just funny.

Second, Blockchain and the Internet of Things? Massive. 10 years from now, we’ll look back and go, “Whoah!”

If you are in any industry, you need to understand how the Internet of Things and blockchain are coming together, and what it means. As I state at the end, “you don’t need to understand how it works – but you need to understand what it does” in terms of disruption of your industry.

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!

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