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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 Products go out of date faster than ever before as product lifecycles collapse; fickle consumers can send a brand from hero to zero in moments; there is always a potential competitor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

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.

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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?

 

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

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!

 

 

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

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!

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!

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