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While I often speak to audiences of 500 to 7,000, including large scale Las Vegas events, I also spend a *lot* of time with CEO’s and other senior management teams in small, leadership oriented events, providing a key message on the necessity for innovation in the high velocity economy.

In fact, it’s long been one of the fastest growing areas of my business: my clients include events for companies seen in the list below!

These are highly customized events : by way of example, I’ve gone in and done a talk for Whirlpool/Maytag on the future of home appliances in the era of IoT (Internet of Things); Disney on the future of consumer behaviour; the BBC on the future of broadcasting; and New York Life on the future of insurance in the era of business model disruption.

There are well over 100’s more with very customized industry talks.

Recently I’ve been filming some videos in advance of these corporate offsite events; these are distributed to attendees in advance to get their creative juices flowing! Here are 3 recent ones.

Great companies establish a culture of high velocity leadership, so they are prepared for the rapid economic, market and industry change that surrounds them.  In that vein, I’m often retained by the CEO or other senior management representatives in order to provide a presentation that will help to shape the strategic direction of the organization.

In a nutshell, these talks cover very specific industry trends, challenges and opportunities, based on highly original research, and can often include an interactive discussion that addresses a variety of issues, including:

  • establishing forward-oriented leadership skills
  • shifting your culture from fearing threat to capitalizing on opportunity
  • promoting innovation, flexibility and adaptability
  • establishing an innovation culture based on creativity, curiosity, courage, collaboration and change-awareness
  • encouraging a certainty culture in the presence of rapid change.


Want to learn more? Inquire into Jim’s Availability

Send some details, and he will get back to you in person as quickly as possible!

So, I had a potential client ask, “do you have any really futuristic video clips that don’t involve some of the trends of today?”

I’m not quite sure what the question actually means – interpreting what a client is looking for is sometimes a great mystery, which is why I always suggest that they jump on an exploratory conference call with me.

But if a client wants freaky futuristic stuff, I’ve got that too. Here’s a clip, where I’m on stage at the World Government Summit, talking about a future in which we might enhance the ability and capacity of our brains through Human-Computer Interface technology and off-brain storage, through what I would call a Yottabit ball. Sort of the type of stuff we might see in 2030 or further out.

The fact is, we will witness the next evolution of the size of the human brain with this type of thinking. Like, wires that go from our brain into a crystal ball that will help us to offload some of our thinking and brain processing. Current trends with HCI might lead us to this type of future.

But I don’t do a lot of this type of thing on stage. I really find that freaky doesn’t work in getting people to align themselves to the future.

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Back in the fall, I was the opening keynote speaker for the Annual Coffee, Tea & Water show in Dallas, put on by the National Automatic Merchandising Association. Great feedback – one fellow wrote “Jim, it was just simply astounding. I go to a lot of events and see a lot of speakers, but you hammered home the point that change is inevitable with solid insight, indisputable facts and powerful motivation. Well done!

That’s my job – to take you in the future. It’s why organizations like NASA, Disney, BASF and hundreds of others have engaged me to come in for a talk to rattle their cages.

“Talk about disruption, in just 90 minutes, Jim Carroll, futurist, and trends and innovation expert, managed to terrify me, Miss geeky nerd!” Is this the right approach to the future? Read on!

And sometimes, fear is a great motivator!

Read this article which just ran in CoffeeTalk, the magazine for the industry association, which just ran. In the context of the quote above, at least I know I am getting through!

Transition and Relentless Disruption as the New Reality
by Kerri Goodman, CoffeeTalk, January 2018

While attending the recent NAMA Coffee, Tea & Water conference, I was impressed/terrified by the keynote speaker whose topic was Innovation, Disruption, and Our Industry. Now, I have always prided myself at being not at just the ‘leading edge’ of technology, but at the ‘bleeding edge’ blazing trails through trial and error, rather fearlessly. In fact, CoffeeTalk launched our website in 1994, quite some time before even Coca Cola!

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“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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What’s that phrase people use? I was gobsmacked, particularly after she had outlined in a conference call all the issues that they needed to be thinking about!

Here’s the thing – I get a lot of situations like this! Where someone on a corporate team knows that the organization needs to be challenged out of their complacency — but then it goes up the ladder, where senior management puts a stop to the idea. I’m never sure why, but I know what the result will be.

This particular organization will now go on my fail-radar. I’ll watch them over the next decade, along with dozens of others, and will see the stumbles and failures and missteps they will make as they fail to align to obvious future trends. Not because they didn’t bring me in — but because they clearly are driven by a culture of indecision!

Remember this likely reality – 50% of the companies that you see around you today likely won’t be around you in but 10 short years. Particularly in retail!

Inaction is in the soul of many organizations. This might be you!

Why does this occur? With 25 years of effort in advising on organizations on trends and the future, I’ve become quite adept at spotting the culture of slow that kills initiative:

  • actions are based on lifelong lessons that no longer apply
  • variation in routine is abhorred
  • the strategies they have in place are often outdated by faster trends
  • they are structured by command and control structures that don’t allow for agility
  • outdated HR practices reward mediocrity
  • individualism is punished
  • risk is something to be feared, not embraced
  • collaboration is absent
  • corporate culture breeds change-resistance anti-bodies
  • they discount the big thinkers who are changing their industry – they think they know better!
  • they have allowed a leadership style of deferring decisions to overtake all activities
  • a belief that their company and product are invincible, and that their continued success is inevitable
  • It’s an interesting time to be in business. Disruption, fast paced business model change, technology! It’s all real folks – you can’t avoid it.

The future belongs to those who are fast, and yet many are structured for slow.

Rant over.

Beneath the surface of normalcy lies a hidden layer of complexity. And the fact is, we are building a big, global, complicated machine, and it’s obvious that people don’t know how to secure it, ignore the challenges, or take advantage of those who don’t understand what is going on.

What do South Park, Pineapple’s, the BBC and admin:admin have in common? Watch this!

 

If there was one word in the security industry in 2017, it was this: Equifax. I don’t even need to explain…..

Yet going forward, we will continue to see many more Equifax situations that will result in the destruction of billions of dollars of corporate value. Some CEO’s will be held accountable; others won’t. Yet the sad fact is that entire companies will disappear to avoidable negligence with respect to security and infrastructure issues. The trend will become accelerated as technology driven disruption comes to drive forward every industry. We might one day see a car company go bankrupt — not because of fraudulent diesel mileage manipulation, but because someone hacked into the internal IT engine of millions of cars through a known backdoor.

Add to that the fact that 2018 will probably be characterized by the emergence of cryptocurrency scams as one of the leading news computer related news stories of 2018. You simply can’t have an important trend go supernova without a lot of fraudulent activities coming to the forefront as people “rush in to share the riches.” Blockchain is a critically important and transformative trend, but as with any trend, the good will come with the bad. I suspect that we will see not only individuals make stupid mistakes as they work to cash in without knowing what they are doing — but corporations and government as well.

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Add to this increasing hyper-connectivity. The Internet of Things (#Iot) is only going to make the voyage more challenging, as we continue to link billions of devices to this big global connectivity machine. As we do so, many aren’t paying proper attention to the issues that come with #IOT either — read my 2 posts on #IOt that cover some of these security issues here and here.

It’s not like we haven’t known about the risks. Back in the 80’s and 90’s, I regularly read Peter G. Neuman’s Risk Digest, and even contributed a few emerging risks to the regular newsletter. Looking back, most of was predicted back then has come to pass, including the hacking and hijacking of election systems and technologies. It’s only going to get worse; I covered these challenges when I did 2 talks for the chief legal officers for a vast number of Fortune 500 companies last month, as covered in my post, Understanding, Managing and Minimizing Accelerated Risk.

Why does IT risk continue to be an issue? Because the fact remains : companies simply do not pay attention to what must be done to protect themselves against KNOWN RISK, because it is not at the level of the Board. Most major companies do not have IT or security as a Board level skills matrix responsibility; they are still focused on legal, finance, executive compensation and the other same old stuff they’ve always been focused on as Boards. Yet I’ve long said that IT and risk management needs to be something dealt with at the Board – until then, things will not change!

Gosh, back in 2003 – 14 years ago — I wrote in a post: “There is a common theme here — companies continue to ignore security issues, and the result is significant business damage. And to be frank, this isn’t just a small issue anymore — we are witnessing the actual destruction of corporate value due to negligence! THIS IS A CEO LEVEL ISSUE NOW, FOLKS!” —> https://www.jimcarroll.com/2003/02/security-has-to-start-at-the-top/

I used CAPS!

Then I wrote in that same post: “Until senior management wakes up and realizes that without action, they can see their corporate value destroyed over night, we’ll see more of this.”

Sadly, I nailed that trend….

Sadly, for many organizations, nothing will change into 2018 and going forward.

If you do anything, pay attention to security. The future of your organization depends on it.

Follow Me!
December 17th, 2017

Get inspired, every day! I start my weekday morning with my coffee, my laptop, and a stage photo. I’m hitting the ground typing, thinking of the thought that should drive your day forward.

It’s the very first thing I do! And I’ve been doing this since September 2016.

Each business day, you’ll discover a new motivational stage quote posted to Instagram, Twitter, Facebook, LinkedIN, Pinterest and Flickr, having to do with disruption, innovation, the future, trends, and your mindset. Over 50,000 people now get this little nugget of insight each and every day!

You can find me here!

  • Instagram : start here – it’s where I post the original photo early morning, usually between 530 and 7am EST
  • Facebook : they are autoposted here, but the page also includes blog posts and other insight
  • Flickr : a great option if you wan to search by phrase, concept, etc. (i.e. quickly search for my posts on ‘imagination’
  • Pinterest
  • LinkedIn: aka The Thinking Mans Facebook. I’ve been using LinkedIn more, and am posting a regular series of daily video clips there as well!

You asked, we listened. I’ve got one client in 2018 who is bringing me in to demystify what is quickly becoming one of the most disruptive issues today.

Cryptocurrency, Blockchain, Bitcoin and the End of Money: Understanding The Ultimate Disruption”

In as little as ten years, the very concept of money will have been forever changed. And the fact is, it’s happening now in real time. But it isn’t just money that is being disrupted: the blockchain concept promises to unleash a wave of innovation that parallels and exceeds the impact that came with the arrival of the Internet economy.

Making sense of the trends and the reality of what it represents can be a challenge. A new vocabulary has emerged that involves radical new concepts, the decentralization of authority, and rapid hyper-innovation : blockchain, Ethereum, ASIC and currency miners, hard forks and smart contracts! At the same time, headlines speak of the ongoing rise in the value of grandfather of all crypto-currencies, Bitcoin, while other news outlets and experts label it a bubble.  Merely interpreting all of the components of this new world can be a fascinating journey.

Yet the voyage becomes even more challenging when faced with opinions that are all over the map. What does it meaan when when Jamie Dymon, the head of  JPMorgan Chase calls Bitcoin a fraud and the people who buy it “stupid,” and yet at the same time, the head of the IMF says that Bitcoin could give existing currencies and monetary policy a run for their money? When a cryptocurrency goes from a valuation of a few hundred dollars to over $10,000 in a matter of months? When 2018 will be defined by an acceleration of the acceptance of distributed ledger concepts at the same time that a horde of fraud artists invade this fascinating new world? When some countries state they will abandon long held concepts of a national currency in favour of digital cash?

But wait, there’s more! The impact doesn’t stop with the arrival of the first wave of concetps as found in ‘money’ such as Bitcoin. What is emerging is the infrastructure and a foundation for the next economy: one that is reliant on distributed, digital trust, the elimination of the middleman from many business interactions, and fundamental, disruptive concepts that run up against most of the economic models of the last 100 years. These are challenging times, and difficult questions are being presented.

What does this complex new world mean to your business and your business model? Is it a fraud, or is it a bubble? What’s real, and what’s not? Are we in the midst of the latest Tulip and dot.com phrase, or is there substantial change underway?

In this keynote, futurist and technology expert Jim Carroll peels away the layers of the world of cryptocurrency, outlining the challenges and opportnities that come with the end of the concept of money as we know it. These are truly transformative times – for the realty of blockchain goes far beyond the current hype surrounding Bitcoin. The concept of distributed ledgers will change entire industries, challenge the very nature of the legal concept of offer and acceptance, and unleash a torrent of hyper-innovation around business models.

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!

 

We will see more change in every industry in the next 10 years than we have seen in the last 100 as transformation and disruption sweeps the world.

Every company is faced with the rapid emergence of new competitors, significant new business models, more challenging consumers, the acceleration of science a race to the pricing bottom, and a transition to the speed of innovation that will define their future. How do you get ahead? By turning on your innovation engine, firing your creativity thrusters, and strapping in for a rocket ride into your faster future.

In this keynote, futurist and innovation expert Jim Carroll shares the insight that he has gained by spending the last 25 years with a relentless focus on what turns organizations into high-velocity innovation heroes. None other than NASA has invited Jim in – twice – to share his insight on innovation strategies.

Innovative organization accelerate their creativity by turning their innovation engines upside down, focusing on customer oriented innovation and other unique models. They excel at sourcing ideas from the outside, turning that unique insight into fuel for their internal innovation factories. They challenge themselves on speed by getting into an iterative process of constantly rethinking, adjusting and redoing in order to discover the next best thing. They challenge themselves on business cycles, time to market and more.

In accelerated organizations, partnership is a key focus, collaboration is critical, agility is oxygen and imagination is relentlesss.

Launch yourself into the faster future with this unique, high energy keynote for global futurist, trends & innovation expert Jim Carroll!

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In more industries than you think, Amazon is the elephant in the room. My experience has taught me that in every single industry, regardless of what you do and what you sell, you are or will soon be faced with a situation in which they will challenge your business model, and shake your belief in the future to the core.

Why not change that before it changes you?

What do you do as this situation comes about? Don’t wait for Amazon to disrupt you – disrupt yourself and disrupt Amazon first!

This particular photo is from an event with several hundred insurance brokers. Might Amazon disrupt the world of insurance? It’s certainly possible -the phrase used for this type of disruption carries the fancy term “disintermediation” – it simply means that that the middleman is cut out of a business relationship.

Let’s coin a new phrase for what is happening — the Amazonification of industries.

The fact is, Amazon (and other companies with the same strategy as Amazon) isn’t just changing the world of retail — its’ changing and challenging virtually every type of business that involves a middleman.

In the last few years I’ve been called into an increasing number of events where this is the new reality going forward — with clients seeking insight on what they should do when their business model is under threat. In quite a few of these events, I’m asked to address the ‘elephant in the room’, which is Amazon.

My 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, person interaction and other factors. In doing so, you specifically choose to not compete based on a race to the bottom and price.

The examples of the challenge are manyfold. I was invited in to speak at the quarterly leadership meeting of a company that is one of the leaders in the medical supplies marketplace. Clearly, a good chunk of their business could be subjected to risk as Amazon gets into their line of business.

How do they survive? Not by trying to offer a better price, but by working to ensure that their sales and professional representatives are working harder top provide greater value ion then service relationship they have with their clients,.

Similarly, I’m speaking to a group fo 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. Don’t hope to compete on price — because you will watch your business disappear!

It’s evening happening with optometrists — with a recent video clip where I’m on stage talking about what eye-doctors need to do when patients are focused more on price. In that case, focus on service!

The “Amazonification of industries” can get even more complex than that, when Amazon decides to offer a service element too! This is coming about quickly in the home repair industry — buy a door or window on Amazon, and they’ll line you up with a contractor that will do the installation for you. How can you complete if you are an established home contractor with a successful operation? It’s not an easy question, but is a reality that you might need to address!

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