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 Products go out of date faster than ever before as product lifecycles collapse; fickle consumers can send a brand from hero to zero in moments; there is always a potential competitor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

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).

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!

Here’s a clip you’ll need to get you thinking. I was brought in by a manufacturing company to speak at their global leadership meeting, with a predictive on key trends they need to align themselves to. And of course, I had to close with some guidance on what to do to deal with the reality of those trends.

The content was developed through very careful consultation with the CEO and leadership team, but its’ a good example of how I go from the trends to actual action plans.


In October, I will keynote the Tag & Label Institute annual general meeting in Amelia Island, Florida. I’ve put together two good summary videos that they will share with their attendees in advance of the event, to get them thinking about the issues that they must confront as an industry.

In the first one, I take a look at the key manufacturing trends which will impact this organization, and everyone in the world of manufacturing: 3D printing, the arrival of the smart factory with the Internet of Things, mass customization, rapid prototyping, advanced materials and more.

In the second one, I examine the 3 key issues that the organization needs to address in the short term. This came about as a result of a long consultative call with the CEO of the organization. A good part of my keynote will focus on these issues – that’s a key part of how I customize my keynote for the issues in the room. I don’t do canned stuff!

These are good examples of the types of pre-event videos I’ve been doing for clients, and they are proving to be a smash hit. Learn more!

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

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