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 Products go out of date faster than ever before as product lifecycles collapse; fickle consumers can send a brand from hero to zero in moments; there is always a potential competitor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

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

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!

 

It was pretty ironic to be doing a talk a month ago on the future of manufacturing – at the Trump Doral Resort in Miami nonetheless – at the same time that trade barriers were being put in place to try to take an industry back to where it was in the 1950’s.

What I’ve learned from 25 years on the stage is that some people will blame everyone else but themselves for their lack of success. And when failure comes, it is the fault of everyone else! The quote captures the essence of their mindset.

We live in interesting times, where some believe that with a wave of a magic wand, an entire industry can be transformed overnight and returned to its former glory.

It won’t happen like that, folks.

It will happen through constant innovation, big bold moves, skill set reinvention and challenging thinking that will – and already is — providing for significant transformation. The future of manufacturing is all about adapting to collapsing product lifecycle and reinventing products faster The connectivity and intelligence that comes to products through the Internet of things (IoT) connectivity Mass customization. Digitization, robotics and the cloud. Design based on crowd thinking. Rapid prototyping and deployment. Faster time to market. 3D printing or additive manufacturing.

My talk last month might have worked for some folks, and if I saved them from their thinking, I will have succeeded.

But I know that there were likely others in the room who would not have liked my message – they are on the train of thought that by trying to stop the future, you can return to the past.

In other words – they are likely doomed to fail in the future, because they will make little effort to actually get there!

 

“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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Being on stage in front of some of some of the world’s leading organizations and senior executives, you get the opportunity to address a lot of unique topics.

And with 25 years of doing this, I believe that I’ve highlighted trends from just about every perspective possible! Including, for example, issues involving understanding, managing and minimizing a world of accelerated risk.

So it was that I found myself on stage in front of senior corporate legal counsel for a good portion of the global Fortune 500 at two events in Chicago and Dallas last month, as the opening keynote speaker for the annual Baker McKenzie client conference.

Baker McKenzie is big – it is one of the top global legal firms, with 13,000 employees, of who 4,700 are lawyers, in 77 offices across 47 countries. The client list is simply unparalleled: I had folks from AT&T, Intel, 7-11, Citi, Bell Helicopter, BP, Ericsson, JCPenney, Allstate, JPMorgan Chase, McDonalds, GM, Hyatt, Oracle, Pizza Hut, Southwest Airlines and a few hundred more others in the rooms. (Fun fact: many of the companies at the events are included in my own client base.)

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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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Disruption is real, it’s big, and it’s happening faster than you think. My job as a futurist has me doing an increasing number of CEO level events for Fortune 500 companies around the world, participating in leadership meetings which are focused on the massive transformations and disruption occurring in every single industry. Clients such as NASA, Disney, Godiva, Nikon, Mercedes Benz, Johnson & Johnson, and many more.

There is so much coming together all at once, and it accelerates everything. You might not understand the multiple trends that are coming together, so let me take you there.

Here’s what you need to think about today, as the pace of change picks up:

1. Multiple trends merge. There’s a lot going on! Individually, any trend is disruptive. Combine them together, and it’s transformative. 3D printing, exponentiating bandwidth, hyper-connectivity, the Internet of Things, artificial intelligence, robotics, neural networks, deep analytics, autonomous vehicles, Bitcoin and blockchain, self-learning systems. All of these trends and more are merging together,  leading to a massively new, connected, intelligent machine that will transform, change, challenge and disrupt every industry.

2 Every company becomes a software company. From healthcare to insurance, home appliances to automotive, manufacturing to packaging, retail to sports & fitness, energy to agriculture: every industry is seeing massive change as it becomes enabled, challenged and transformed by technology and connectivity. From precision agriculture to self-driving cars, smart clothing to connected microwaves, remote medical monitoring devices to active packaging  — every company in every industry is becoming a computer company, with software and technology at its heart and soul.

3. Moore’s law innovation speed defines every industry. It’s the rule that defines that the processing power of a computer chip constantly increases while the cost collapses at an exponential rate — and that speed of change is coming to drive the speed of innovation in every single industry as we all become tech companies. Companies are having to innovate and transform at a pace never seen before.

[read more=”Read more” less=”Read less”] 4. Science exponentiates. The volume of medical knowledge is doubling every six years, and the number is going down. The cost for genomic sequencing is following an exponential downward curve. Battery technology innovation is moving forward at a furious pace with new methodologies, ideas and more coming to market. One single new chemical substance allowed Apple to miniaturize the hard drive for the original iPod, which led to the birth of a billion dollar industry. Science is the heart of the future, and the future is happening faster!

5. Edge thinking dominates. Crowdfunding networks allow for a world in which small upstarts don’t need to follow long-established ‘rules’ for changing the future. To move faster, they source ideas and inspiration through crowd-thinking, raise their funds through new forms of financing, and prototype products through 3D printing and other fast-to-market methodologies. Global R&D has moved from massive labs to globally dispersed idea factories.

6. Small beats big. Legacy is death: agility and speed are the new metrics for success. Big organizations are often encumbered by history and are suffering from the disease of  organizational sclerosis. New, aggressive upstarts can move faster, with the result that they can make decisions that provide for big disruption and challenge.

7. Ideas accelerate. With the Internet, we have essentially built a big, global idea machine, and fast innovators know how to mine its riches. In every field, the pace of innovation and discovery is speeding up to an unprecedented level. What use to seem like science fiction just a few years ago is todays’ reality.

8. Revenue reinvents – regularly. With fast ideas comes faster innovation : 60% of Apple’s revenue comes from products that didn’t exist 4 years ago. That’s a blistering pace of innovation. Expect that to become the norm in most industries as the future accelerates, product lifecycles collapse, and disruption disrupts.

9. Attention spans collapse. All of this fast change is difficult to comprehend, and so we have become scattershot! We now scan some 12 feet of shelf space per second – a goldfish has a longer attention span than a human. We need to have constant, relentless innovation in terms of marketing, branding and consumer outreach, not to mention what we need to do to engage our workforce!

10. New interaction dominates. Mobile is everything; we live on our devices. It influences everything we do, all that we decide, and much of how we interact with each other. The next phase will involve smart, connected packaging talking to our devices, and a new era of hyper-connectivity that will make todays’ early attempts at mobile marketing seem like child’s play.

11. Business models realign. The Internet of Things (#IoT) doesn’t just result in cool new products – it redefines entire revenue models. The era of predictive diagnostics allows for a future in which appliance or automotive manufacturers can now design products that will tell you when they are about to break down. This changes the essence of the product from a physical device that is sold to the sale of a service with uptime guarantee revenue models.

12. Distributed technologies redefine. When everything connects, power disperses. Micro-grids will change the utility industry as backyard wind, solar and other renewables result in little, local neighbourhood micro-grids. Cars that talk to each other and to sensors in the highway result in a new concept of transportation. Everywhere you look, distributed connected technologies are redefining concepts and turning industries upside down.

13. Money disappears. Sometimes distributed technology have a bigger impact than you think – as is the case with blockchain, which essentially redefines money. Central banks are out, and distributed ledgers are in. Ethereum goes one step further than Bitcoin, by embedding the historical contract concept of an offer and acceptance into the very essence of money. It’s intelligent money, and we still don’t know how quickly this will change everything.

14. Flexibility emerges. Given all this change, companies are focused on agility in order to get ahead. At a manufacturing plant in Graz, Austria, Magna has built the ultimate in flexible assembly lines, with the ability to build different cars from different companies on one assembly line. Elsewhere, companies are busy moving the software concept of agile development into the boardroom, adopting it as a key leadership trait. The ability to change fast is now the oxygen that fuels success.

15. Gamers Game. 25,000 people showed up to watch 4 gamers play a video game tournament in the Los Angeles Staples Centre – and 43 million tuned in worldwide via Twitch, the hottest new social platform on the planet. They’re coming into the workplace, and live in a world that involves a constant need to ‘level-up.’ Nothing will ever be the same as new forms of motivation and reward come to drive everything – and in this world, Xbox-type rooms are the new office!

16. Virtualization arrives. AR and VR are here, and the era of virtual welding is not too far off – and any other skill can be undertaken anywhere, at any time. An example is the forthcoming disruption of trucking, which will happen when a driver in India can navigate a truck through the streets of New York through a virtual headset! Outsourcing of skills is one thing – outsourcing of physical work is a whole new level altogether!

17. Infrastructure risk exponentiates. One word – Equifax. We are busy building a big, elaborate machine in the form of massive connectivity and accelerated information, but don’t quite know how to secure it. The TV show South Park had a character do a shoutout to in-home Amazon Echo and Google Home devices — and exposed a new security risk that no one ever thought about. Expect things to get better much worse before it gets better!

18. Insight influences. Big data and analytics might be overused buzzwords, but not to everyone. We live in a new world of Amazonian insight, where those who have the tools and knowledge to understand what is is really going on are the ones to get ahead. Depth of insight drives disruption – actuaries are moving from a world of looking back to one fo looking forward based on real time medical device connectivity. Car insurance is no longer based on past driving performance, but real time behaviour based on GPS. Even the world of health care is moving from a a world in which we fix you after you are sick – to knowing what you will be sick with based upon your genetic profile, and acting accordingly.

19. Expectations accelerate. If your Web site sucks, so do you. In our new world, people want the simplicity of a Google query via a touch screen device. Gone are the days of complex online forms — in are applications that are instantly aware of who you are and what you want. The bar of expectations is increasing at a furious pace, and if you can’t keep up, you can’t compete!

20. Industries virtualize. No one company can do everything that needs to be done in an era of fast change. In retail, all kinds of new partners are emerging to support last mile shipping, drop shipping capability, drone delivery and more. In finance, there are more types fo Fintech startups than there are world currencies, helping banks to navigate the complex new world of cryptocurrencies and more.

21. Knowledge accelerates. Skills access is the new gold. Did you notice Ford paid $1 billion to get access to some experts in self-driving car technology? Enough said. Those who can access the skills in trend #1 above win. We’re in a global war for niche talent, and that pretty much defines a critical strategy for the future. If it is all about skills, then success involves a strategy in which grabbing them fast is the only path forward.

22. Experience is the new capital. Innovation is the new oxygen. There’s no time to learn, to study, to plan. It’s time to figure out what you don’t know, and do the things that are necessary to begin to know about it. Experiential capital is the new capital for the 21st century.

23. Generations transform. 1 out of 2 people on the planet are under the age of 25. They’re globally wired, entrepreneurial, collaborative, change oriented — and they are now now driving rapid business model change, and industry transformation, as they move into executive positions

24. Big, bold thinking predominates. There are people who grab all of these trends and do “big things.” We are seeing the emergence of an entire world of big dreamers and doers, individuals who dare to challenge the orthodox, and abandon routines. The concept of the ‘moonshot’ is no longer restricted to those with deep pockets — but is oxygen for those with big ideas.

25. Action is the best reaction. Put it all together, and what odes it mean? If you don’t disrupt, you will be disrupted. It’s your ability to quickly act, react and do that will allow for future success. There’s not a lot of time for debate, studying; inertia is abhorred. Simply DO. That should be you.

Remember that song by the Who? “I hope I die before I get old!”

You better change before you can’t.

You might be obsolete before you know it.

Quit talking about disruption.

Do something about it.


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Here’s a clip from a recent keynote. It’s part of a talk where I cover 20 Disruptive Trends, and put into perspective why the future belongs to those who are fast! In this short clip, I cover trends involving batteries, self-driving, 3d printing, the space industry, genomics, health care knowledge, and more! Including why I can drink more coffee than other people!

I’ve got a keynote topic description coming around this, with a draft below.

Aligning Acceleration and Agility: The Business Case for Fast!

To say that we live in a fast world would be an understatement. Small, quick upstarts like Square are challenging the global credit card industry, at the same that GPS based driver monitoring devices are rewriting the rules of the auto insurance industry. The NEST Learning Thermostat morphs from a quiet startup to a worthy challenger to industrial energy device powerhouses. Autonomous vehicle technology leads us to road trains and a more rapid emergence of intelligent highway infrastructure. We’re in the era of the end of incumbency, in which small dominates big, fast trumps ponderous, and indecision spawns failure. Everywhere we look, we can see acceleration, speed, and velocity: and in times like these, time isn’t a luxury.

For any executive, these trends matter — because fast trends drive disruptive change. And disruptive change envelopes us in terms of fast trends: self-driving cars, 3d printing, crowdfunding, the sharing economy, blockchains, personal drones, swarm-bots, smart dust, vertical farms, the Internet of Things, cognitive computing, smart factories, artificial intelligence, augmented reality, quantum computing, intelligent farms, smart clothing! What seemed to be science fiction just a few short years ago has become a reality today, as time compresses and the future accelerates.

Take a voyage with Futurist Jim Carroll into the world of tomorrow, today, as he outlines the key trends, technologies, ideas and initiatives that are transforming our world around us at hypersonic speed. A world in which the speed of change impacting every company and every industry is increasingly driven by the speed of technology and Silicon Valley hyper-innovation. One that demands faster innovation, agile response, flexible strategies, and most important, the ability to ‘think big, start small, scale fast.’
For the last 25 years, Jim Carroll has been speaking to and advising some of the worlds largest organizations on the trends that will impact them. With a client list that ranges from NASA to Disney, the Swiss Innovation Forum to the National Australia Bank, Johnson and Johnson to Godiva Chocolates, Jim has had a front row seat to the massive change being encountered in industries worldwide, and deep insight into the leadership mindset of organizations as they adapt to the era of acceleration.
 In just a few short years, it will the year 2025, and the world of tomorrow will be your reality of today. Are you ready for what comes next?

 

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