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Going forward, the reality of the new economy is that the future belongs to those who are fast. Have you checked your speed? -- 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.

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….

Siemens has booked me to headline a major energy conference in Houston in May.

So I did a little video about what to expect. Give it a watch. We are going to see more change to the global utility/energy industry in the next 5 years, than we have seen in the next 100!

Do you want to book the same old boring speaker who will show up and deliver a canned message – or do you want to book someone who truly cares, and goes the extra mile? If you are like most people, you’ll do what you’ve alway done, and will end up with the same old boring, predictable, uninspiring leadership event. That’s sad.

The Admiral Beverage Group in Albuquerque, New Mexico, has booked me to come in for an upcoming leadership meeting that will focus on the future of retail, consumer behaviour and more. They join good company – organizations like Disney, The GAP and Godiva Chocolates have had me in for similar events.

To get the leadership team thinking in advance about the event, I went and filmed this little video clip about the event, trends and more. Give it a watch!

Then ask yourself – are you going to go out and book the same old boring speakers like you always do – or do you want to kick up your event a notch?

“Inaction in the face of opportunity is but an excuse!” – #Futurist Jim Carroll

Part of the role of a futurist is to provide people insight into the trends that will be a part of their future, but also to put into perspective the opportunities these trends present. A lot of people get excited when they see what I can offer in that regard.

But people are funny – and here’s a good story you can think about to see if you are suffering from a culture of inaction.

I recently had a call from a senior VP of a major company in the retail industry. She thought that it would be extremely helpful to bring me in to their upcoming corporate leadership meeting – with so much change in retail they need to be challenged in their thinking. With clients like Disney, The GAP, Pepsi, Godiva, and more, I certainly have a track record for doing just that – I spend a lot of time speaking to the massive and fast trends sweeping the world of retail. I even have separate keynote topics on retail and the Amazon effect.

Fast forward. She wrote back last week, indicating that their CEO didn’t think it was a good time to be doing this. As in, stay the course. Stick with the status quo. They didn’t need to be challenged right now ; they had a strategy and needed to see it through. They might think about doing a deep-dive future session next year. Something like that.

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The folks at Farm and Dairy Magazine interviewed me on trends to watch in 2018 in the world of agriculture. It’s a good read – you’ll find it below!

On stage in New Orleans, I spoke about the idea of Spock having a medical tri-corder on the farm. It’s not as crazy an idea as you thinK!

As I write this post, I’m down in San Antonio, where I’ve got two events where I’ll speak about the future of agriculture to several hundred dealers for a farm and ag supplier about future trends.

I love talking to farming groups – it’s one of the most innovative industries that I know. Watch this video for the reasons why!

5 agricultural trends to watch in 2018
Farm and Dairy, January 2018

SALEM, Ohio — The top five trends to watch for in 2018 are sure to keep farmers on top of their game.

With an increased number of events causing hysteria, with the rise of “fake news,” an overload of news in general — thanks to the world being at our fingertips — farmers have to work harder to tell their story, said Jim Carroll, futurist.

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Are you ready for 2018?

You need to be. Change is fast and furious, and it’s everywhere. Watch this to understand what comes next — and what you need to do!

 

Production note: ‘green screened’ in my basement with my new iPhone X. The video quality of this phone is staggering! Awesome video edit done by my partner in Moscow, Armine Simonyan, aka Alexandra. Her work is wonderful!

What are the drivers of disruption in your industry? Where is all the fast change coming from?  Edge thinking, iterative design, small beats big, rapid prototyping, devices change and more.

Watch my 2nd 2018 Outlook video – “The Seeds of Disruption: The Impact of Edge Thinking and More!”

Your business model and  your industry won’t look the same in 5 or 10 years. In fact, you might not even recognize it.

That’s a reality, and you are likely not able to cope! Here’s why:

  1. It’s the era of acceleration
  2. In that context, the future belongs to those who are fast
  3. There are few exceptions to the reality that small = speed, big = slow.
  4. The fact is, most legacy companies are not structured for speed
  5. Yet they need to be – disruption is everywhere, and it is happening quickly
  6. And as tech comes to drive every industry, the speed of change will only increase
  7. Making the big-small dichotomy even worse
  8. This faster future requires innovation risk, but big companies aren’t built for risk
  9. Not only that, but big companies have inherent health issues – they are clogged up with organizational sclerosis that clogs up their abilities
  10. The only way to challenge yourself and deal with these issues is to challenge yourself on speed/

Yet, too many organizations spend their time making the excuses that lead them to failure, rather than focusing on the ideas that will define success.

They are structured for failure. It will only get worse in the era of acceleration. Here’s why – watch an organization vote in real time for the attitude failure embedded in the organization.

Get around your innovation killers. Be agile! Focus on speed!

I just wrote this one up for the brochure copy for an upcoming 2018 event.

The issue of Amazon isn’t just about retail — it is about any industry with a middleman. Insurance, wealth management, finance, medical or dental care, home services and renovations. You name it. And the big question is – what are you going to do about it?

Disrupting Amazon : Accelerating Strategies for Success in the Era of Industry Transformation

Amazon is the elephant in every industry room. They will challenge and disrupt your business model, and shake your belief in the future to the core.

Why not change that before it changes you? Don’t wait for Amazon to disrupt you – disrupt yourself and disrupt Amazon first! As we witness the Amazonification of industries, deep insight into this massive-but-cheetah-like-elephant is critical, a fast strategy is required.

Futurist Jim Carroll has a key message: Don’t compete — transform! When Amazonian scale disruption occurs, you can’t hope to complete on price, the sophistication of the online interaction, or the other areas in which Amazon (and similar disruptors) clearly excel. You need a different proposition, different ideas and a different strategy. In many cases, this will come about through an implicit decision to compete based on the unique value you can bring to the relationship – service, support, personal interaction and other factors. In doing so, you specifically choose to not compete based on a race to the bottom and price.

Futurist Jim Carroll has headlined ‘Amazonificaiton strategies’ at a wide variety of corporate leadership meetings and association events in the medical, dental and veterinary industries; in the global optometric industry; in the agricultural dealer market, in the home renovation sector, and many more. He has provided deep insight on the transformative strategies and mindset that needs to be pursued.

The acceleration of disintermediation via Amazon is a cruel reality of our modern day world. Think about the business model of a a group of agricultural dealers who sell products to farmers. The simplistic view is that they buy products from the manufacturer, and then sell them to the farmer, with an obvious markup in price. Amazon could do this (and will) with a more sophisticated online system, and avoid the cost of the markup, thereby offering a lower cost alternative. How to compete? Become an invaluable partner to the farmer in terms of advice, expertise and personal support for new initiatives, products and ideas.

In the era of Amazon, you can’t hope to compete on price — because you will watch your business disappear! Futurist and innovation expert Jim Carroll outlines the key trends, strategies and opportunities to be pursued in the ear of Amazonian acceleration!

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