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The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.


At the recent Consumer Electronics Association CEO summit in Ojai, CA, I focused on how social networks are coming to have a huge impact on brand perception.

But aside from that main thread, I also concentrated on my message of innovation in an era in which “faster is the new fast.” Here’s an older clip that looks at what’s happening in the world of product innovation.

I pointed out to the crowd – which included the CEO’s of some of the largest digital technology companies in the world — that some product lifecycles are collpasing to ZERO. Case in point — Lenovo announced a tablet computer at the CES show in January. They dropped it after the iPad came to market, perhaps because it was bound to be a dud compared to the feature set of the iPad.

But maybe if they got it out sooner, it could have established a beachhead.

What do you do in a world in which a product is dead before you can get it to market? Innovate faster. Focus on fast. Do fast. Be fast. In the high velocity economy, speed and agility are everything.

Way back from about 1999 to 2005, I would often talk on stage about “things from the olden days.” It was a story that reflected how my young sons, from the ages of 3 & 5, saw certain things around the house as something completely ancient — when just a few years previous, they had been a part of my life.

Earlier this year, I keynoted the joint US Navy, Air Force, & Marine Child Youth Program conference in Dallas, Texas. I had about 1,500 folks in the room who manage social, counselling, day care and recreation programs on military bases worldwide. The focus of the talk was around innovation in delivery of services. In order to get across to this crowd the rate of change, I resurrected my olden days story.

It still makes for good viewing, and can help you to think about the rate of business change that continues to occur out there today. And in fact, if you look around you, you’ll find that an ever greater number of things are becoming things from the olden days, and it’s occurring at a faster rate.

What happens when Silicon Valley takes over the innovation agenda within an industry? In this video clip from a recent keynote, Jim challenges his audience to think about what happens in the world of banking, particularly with the likely fast paced emergence of contact-less payment technology based on mobile devices.

Innovative organizations need to make sure that they understand the external factors that will influence their future, and need to react appropriately. And as we enter the era of hyper-connected intelligent devices, with the impact of location-intelligence technology and the rapid adoption of mobile technologies, we’re likely to see every industry — even beyond financial services — impacted.

New business models, disruptive competition, a shift in control, customer churn — everything is up for grabs once Silicon Valley seizes control and defines your future!

Innovation isn’t critical only in business — every type of organization must try to do things differently in a world of fast paced change.

Here’s Jim speaking at the 2010 US Navy, Air Force & Marine Child Youth Program Conference. He was asked to challenge the audience — child youth experts and counsellors on military bases worldwide — to think about innovation in the context of the youth and parents that they serve.

Clearly the demands, needs and forms of interaction with both parents and alike are undergoing significant change as the next generation of parents on military bases – lets call them “Mom 3.0″ – comes to rely on technology to a greater degree each and every day.

It’s big, and its’ getting bigger!

That’s the location intelligence industry, which is resulting from the rapid dominance of location-aware mobile devices, the rapid emergence of massive sources of spatial (geographic oriented information, i.e. Google Maps), the rapid user adoption of location-based applications (i.e. iPhone Apps), and a significant amount of innovative thinking as to how to capitalize on these very fast paced trends.

There’s a lot of people building a lot of new businesses around these trends. And it’s happening extremely quickly:

  • in a just-announced test of location based advertising in Finland, MacDonalds’ has reported that location-relevant mobile ads resulted in a 7.0% click-through rate. Of those who clicked through, 39% then used the click-to-navigate option to find the closest restaurant. These are significant numbers Continue Reading
The Innovation Killers
April 19th, 2010

A great little video clip from a recent keynote that outlines the challenges you face if you try and be an innovator!

You can find some useful information on dealing with innovation under the Innovation Inspiration section of my site, and through the Innovation tag.

Jim challenges an audience to think about collaboration in the era of the ‘global idea machine’.

In this case, Jim was the opening keynote speaker for the 2010 US Navy/Marine/Air Force Child Youth Program conference  in Dallas, Texas, and was there to challenge them to think differently in terms of service delivery, particularly as parents and children on military bases come to expect different forms of support and interaction.

The future belongs to those who are fast — Jim Carroll, from the opening to a keynote to an audience of thousands in Las Vegas!

Here’s a clip that I had out on Youtube, but realized that I had never worked it into the blog. It’s a quick clip on the “innovation killers” — the attitudes and actions that some people posses that manage to stifle innovation within an organization.

Here’s an interesting clip about the emerging era of “personal energy infrastructure management.” It was filmed at my ski club back in January.

We put the clip together for the folks at CNBC Fast Money; they called expressing interest in the possibility of having a series of future trends vignettes that could be used to spark some discussion on the show. Hence, the reference in the clip as to “what does the Fast Money panel think?”

There’s been no progress yet on a go-ahead, but I thought it was a great clip anyways!

The clip was produced by David Mitchell, who is a long time snowbaord/skiing video professional; he’s currently the producer of the Disney XD show, Shreducation.

How is social networking impacting brands? Take a look!

How quickly can you scale if you encounter a new market opportunity? How quickly can you react to a crisis. In this clip, JIm takes a look at the concept of corporate agility

One year ago today, I was on stage in Sydney, Australia, opening the 2008 Toshiba Mobility Exchange Conference.

Part of my talk focused on the issue of “innovation in the high velocity economy.”

Looking back at a clip from the talk, one year after the global economic meltdown, some key points continue to remain extremely valid going forward as the economic recovery begins.

In a summary, my point then, and my point now, is that innovative organizations concentrate on:

  • an accelerated innovation cycle
  • rapid ingestion of new technologies / methodologies
  • faster time to market
  • rapid re-focusing of resources for opportunity or threat
  • rabid focus on operational excellence
  • innovating for rapid customer change
  • nomadic workforce
  • rapid response to volatility

If you can nail those things, you are well positioned to deal with what the global economy tosses your way.

Looking back at my slide deck, I concluded with the observation that high-velocity innovators concentrate on “global scalability, rapid assembly of teams, and hierarchy destroyed, because of a relentless focus on fast, emerging opportunity.”

I don’t think any of that has changed despite everything that has gone in the last year, and it still provides a good framework for innovative thinking.

Here’s a video clip from a recent keynote in Las Vegas.

I was on stage in front of an audience of 4,000, speaking for a global organization.

In this clip, I’m speaking about the challenges that organizations face with innovation — and in particular, the fact that every organization has people who wake up each day and ask themselves, “what can I do today to kill innovation?”

Do such people exist? Are there really attitudes like this out there with such high-velocity change in the economy out there? You’ll realize the answer to this question is yes, as soon as you hear the list of the “innovation killers.”

Think about what they say:

  • “We’ve always done it this way”
  • “It won’t work”
  • “That’s the dumbest thing I ever heard”
  • “That’s not my problem”
  • “You can’t do that”
  • “I don’t know how”
  • “I don’t think I can”
  • “I didn’t know that”
  • “The boss won’t go for it”
  • “Why should I care?”

I challenge the audience with this issue, and get them thinking about the need to innovate — faster — to keep up with rapidly evolving trends.

In February, I was the closing keynote speaker for the American Nursery and Landscape Association. This was a second booking by this group; they had me in previously for a leadership meeting in Vail.

Here’s a clip in which I’m setting the stage for the rapid changes occuring in their industry: in the context of how quickly basic knowledge is evolving, suggesting that “learning is what most adults will do for a living in the twenty first century.”

Does this line of thinking apply to garden store managers/owners? You bet — individuals in the nursery and gardening industry indeed have to be masters of fast knowledge. There is a regular and ongoing release of new products; new store formats; new retail and branding methodologies; not to mention the need to have a lot of innovative strategies as to growing the business during a recession, or managing costs to survive challenging times. It’s all about learning, sharing ideas, and gaining new insight. Continually learning.

If you’ve been reading the press, you know that recently, many meetings and events have been under attack, driven by what has come to be known as the “AIG effect.” Quite a few organizations have cancelled leadership meeting, fearing that it might look bad. Yet any politician or journalist continuing to beat up on the meetings industry should watch the video that “Today’s Garden Center” magazine has put online; it’s a video called “What I Learned at ANLA Management Clinic 2009.”

In it, we’ve got nursery, garden and landscape managers from across the US — small business owners — talking about the things they’ve learned at the conference; the ideas they’re taking away; the specific actions they’re going to pursue from what they’ve learned.

It’s a pretty compelling video, and if anything, it really puts into perspective what these events are all about.

More information

  • Watch: What I Learned at ANLA Management Clinic 2009

Here’s a clip from my keynote for the World HealthCare Innovation & Technology Congress, where I focus on the key trends impacting the healthcare industry out to 2020.

This was based on a posting I wrote some months back, “It’s January 15, 2020: What Have We Learned About Healthcare in the Last Decade?” That is as good a synopsis of the transformative trends that are occurring now.

More information

Here’s another clip from my closing keynote at the World Healthcare Innovation & Technology conference — in this case, I’m talking about the dreaded “innovation killers.”

What do you do if you have these people in your organization? Learn more here.

I received the DVD of my closing keynote for the World Healthcare Innovation & Technology Congress today. It was a barnburner of a speech!

The attendees had just encountered three wonderful days covering all the fascinating new ideas, technologies, methodologies and change that is coming to the world of health care.

I spoke to them on how to ensure that they pursued all the innovative ideas they heard about. There’s a number of clips that I’ll put up.

In this particular clip, I’m providing a bit of guidance on “setting bold short term goals” and avoiding “aggressive indecision” ; I talk about the seven stages of economic grief — and how you need to move beyond anger and denial to innovation.

More information:

  • Innovation and the “Seven Stages of Economic Grief?”

There are a lot of hits coming into my web site searching for “food industry trends 2009″ or “2009 food trends.”

I’ve spent a fair amount of time through the last few years, focused on trends in the consumer, food and retail sector, talking about some of the unique trends which influence shopping behavior.

Here’s a clip from a major food symposium I keynoted in New York City in September 2008; I spoke to a wide variety of trends impacting the industry. In this short clip, I’m speaking to the issue of market fragmentation, and the need for ever more small niche markets:

The key point: while economic trends are impacting consumer choice, there are still many other trends at play. At the conference, I spoke about a variety of other the “new influencers,” rapid product innovation, fast-paced consumer choice change, and the impact of brand interactivity.

I’ve been talking to my clients for years about the problems with the auto industry manufacturing model, comparing the slow, ponderous mass-manufacturing techniques of Detroit to the faster, more nimble overseas competitors.

I dug this clip out from my July 2008 keynote in Sydney, Australia — it’s a good, quick hit on the different approaches to innovation in manufacturing.

Way back in 2003, I started talking about the “car company of the future,” in the context of a “Google car.” The clip seems timely now, as does a posting in July related to the video clip.

More information

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