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><channel><title>Jim Carroll- Futurist, Trends &#38; Innovation Keynote Speaker</title> <atom:link href="http://www.jimcarroll.com/feed/" rel="self" type="application/rss+xml" /><link>http://www.jimcarroll.com</link> <description>Transforming growth oriented organizations into high-velocity innovation heroes</description> <lastBuildDate>Tue, 07 Sep 2010 12:38:43 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.0.1</generator> <item><title>Back to work, back to innovation</title><link>http://www.jimcarroll.com/2010/09/back-to-work-back-to-innovation/</link> <comments>http://www.jimcarroll.com/2010/09/back-to-work-back-to-innovation/#comments</comments> <pubDate>Tue, 07 Sep 2010 12:35:18 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5796</guid> <description><![CDATA[It&#8217;s the first day of school and my family is busy getting back to work and school and life in general. It has been an extraordinarily difficult summer. My wife, two teenage sons and I were due to take a three week vacation to Europe in early August. Two days before we were due to [...]]]></description> <content:encoded><![CDATA[<p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/09/the-passage-of-time11.jpg"><img
class="alignright size-medium wp-image-5800" title="the-passage-of-time1" src="http://media.jimcarroll.com/wp-content/uploads/2010/09/the-passage-of-time11-300x225.jpg" alt="" width="300" height="225" /></a>It&#8217;s the first day of school and my family is busy getting back to work and school and life in general.</p><p>It has been an extraordinarily difficult summer. My wife, two teenage sons and I were due to take a three week vacation to Europe in early August. Two days before we were due to leave, my mother in law had a massive heart attack and stroke; she died several days later. She was 90 years old and in failing health; although we expected a complex situation at some time, we still found ourselves in a state of shock.</p><p>The rest of the month was mostly taken up by moving my wife&#8217;s father into an assisted living apartment; he spent about a month living with us directly after the funeral. Time has mostly been a blur.</p><p>I&#8217;ve marvelled in the strength and inspiration of my wife and sons during this last month as they rallied through very difficult circumstances. It has been extraordinary time.</p><p>In any event, it&#8217;s great to be back in the office. I have a full set of keynotes lined up in the next several weeks, all of which provide opportunities to share more insight on innovative thinking.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/09/back-to-work-back-to-innovation/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Why innovation thrives in the building of sandcastles</title><link>http://www.jimcarroll.com/2010/07/why-innovation-thrives-in-the-building-of-sandcastles-3/</link> <comments>http://www.jimcarroll.com/2010/07/why-innovation-thrives-in-the-building-of-sandcastles-3/#comments</comments> <pubDate>Mon, 05 Jul 2010 17:14:47 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[How to be innovative]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[teamwork]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5731</guid> <description><![CDATA[I&#8217;m now into a bit of a slow stretch for some summer; postings here will be slow for a time. Years ago, inspired by similar times, I wrote about how innovation thrives in the building of sandcastles. It was a great post &#8212; and it made it into BusinessWeek. I thought it a fitting post [...]]]></description> <content:encoded><![CDATA[<p><img
src="http://media.jimcarroll.com/wp-content/uploads/2009/08/08beach.jpg" border="0" alt="08beach.jpg" width="300" height="240" align="right" />I&#8217;m now into a bit of a slow stretch for some summer; postings here will be slow for a time.</p><p>Years ago, inspired by similar times, I wrote about how innovation thrives in the building of sandcastles. It was a great post &#8212; and it made it into BusinessWeek. I thought it a fitting post to leave here while I&#8217;m busy doing other things &#8212; such as building sandcastles.</p><p>With that line of thinking,. here&#8217;s my list of &#8220;<strong>10 Reasons Why Innovation Thrives in the Building of Sandcastles: and What We Can Learn From Such Creativity</strong>.&#8221;</p><p><span
id="more-5731"></span></p><ul><li><strong>Hierarchy has disappeared</strong>: In most cases, there isn&#8217;t a boss, a reporting structure, or anything else that can cause organizational sclerosis. People just pitch in and do what needs to be done. The lack of a hierarchy is implicit to most successful teams.</li><li><strong>Creativity is implicit</strong>: Anyone can build a sandcastle. There are no rules or preconceived notions, other than some sand and water. The same thinking should drive corporate innovation efforts. Make do with what you&#8217;ve got and what you can find, and use creativity as your main asset.</li><li><strong>If it doesn&#8217;t work the first time, do it again</strong>: It&#8217;s inevitable that a rogue wave will destroy your work. This only encourages you to fix the design, or rebuild it altogether. Setbacks are meaningless, and indeed, are part of the plan.</li><li><strong>Experience doesn&#8217;t cloud insight</strong>: Parents listen to kids, kids get bored and move on to another rampart and do something awesome. The key to sandcastle building is the combined insight of several different generations: likely one of the most important foundations for success in corporate innovation today. (See my <a
href="/10s/10ideas.htm"><span
style="text-decoration: underline;"><em><strong>10 Ideas</strong></em></span></a> post for more on this theme.)</li><li><strong>Everyone picks up on the passion</strong>: People just join in and help to build. Eventually beach-neighbors join in, and the growing castle becomes a big collaborative effort. Organizations that can build similar levels of interest in the concept of innovation don&#8217;t simply succeed: they exceed!</li><li><strong>Feedback is instant</strong>: You know right away how well your design works, particularly if it is at the waters edge, since everyone will make a comment on it as they walk by. That parallels&#8217; the instantaneity of today&#8217;s markets: things are changing so fast, that you must have a constant ear tuned in to understand what your customers are telling you.</li><li><strong>Competition is easily scoped</strong>: Need new ideas? Want to learn from the competition? Spend a few minutes walking up and down the beach and check out the other sandcastles. Study their design, their assumptions, and see how you can improve upon them. Do the same in the corporate world: develop a finely tuned radar that signals to you how and where your world is changing.</li><li><strong>No idea is too dumb</strong>: There&#8217;s not a lot of criticism and bias in the building of sandcastles. Any idea is welcomed. People can contribute the skills they have. Everyone is a designer, a builder and an owner. Somehow the combination just works.</li><li><strong>The reward is clear</strong>: At the end of the day, a great sandcastle provides a sense of accomplishment. Photos are taken, and the team talks about the experience. That&#8217;s why every innovation effort needs to be celebrated, highlighted, and championed into the corporate record.</li><li><strong>It&#8217;s fun</strong>: Enough said. If an organization approaches a problem the same way, innovation and creativity can thrive.</li></ul> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/07/why-innovation-thrives-in-the-building-of-sandcastles-3/feed/</wfw:commentRss> <slash:comments>4</slash:comments> </item> <item><title>Video: The collapse (and end?) of product life-cycles</title><link>http://www.jimcarroll.com/2010/06/collapse_of_product_lifecycles/</link> <comments>http://www.jimcarroll.com/2010/06/collapse_of_product_lifecycles/#comments</comments> <pubDate>Wed, 30 Jun 2010 11:40:47 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Faster]]></category> <category><![CDATA[Industry]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Innovation Stories]]></category> <category><![CDATA[Media & Technology]]></category> <category><![CDATA[Video clips]]></category> <category><![CDATA[Videos]]></category> <category><![CDATA["consumer products"]]></category> <category><![CDATA[accelerated innovation]]></category> <category><![CDATA[manufacturing]]></category> <category><![CDATA[technology]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5708</guid> <description><![CDATA[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 &#8220;faster is the new fast.&#8221; Here&#8217;s an older clip [...]]]></description> <content:encoded><![CDATA[<p>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.</p><p>But aside from that main thread, I also concentrated on my message of innovation in an era in which &#8220;faster is the new fast.&#8221; Here&#8217;s an older clip that looks at what&#8217;s happening in the world of product innovation.</p><p><object
classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="560" height="340" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param
name="allowFullScreen" value="true" /><param
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name="src" value="http://www.youtube.com/v/dkwrqNzjS-w&amp;hl=en_US&amp;fs=1&amp;" /><param
name="allowfullscreen" value="true" /><embed
type="application/x-shockwave-flash" width="560" height="340" src="http://www.youtube.com/v/dkwrqNzjS-w&amp;hl=en_US&amp;fs=1&amp;" allowscriptaccess="always" allowfullscreen="true"></embed></object></p><p>I pointed out to the crowd &#8211; which included the CEO&#8217;s of some of the largest digital technology companies in the world &#8212; that some product lifecycles are collpasing to ZERO. Case in point &#8212; 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.</p><p>But maybe if they got it out sooner, it could have established a beachhead.</p><p>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 <em>everything</em>.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/collapse_of_product_lifecycles/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>The 10 Most Important Innovation-Themed Rock Documentaries of All Time!</title><link>http://www.jimcarroll.com/2010/06/the-10-most-important-innovation-themed-rock-documentaries-of-all-time/</link> <comments>http://www.jimcarroll.com/2010/06/the-10-most-important-innovation-themed-rock-documentaries-of-all-time/#comments</comments> <pubDate>Tue, 22 Jun 2010 15:38:12 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Branding & marketing]]></category> <category><![CDATA[How to be innovative]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA["success factors"]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5656</guid> <description><![CDATA[With all the keynotes I do, I spend a huge amount of time on airplanes &#8212; and often end up going through a lot of video. As of late, I&#8217;ve seen a number of rock documentaries, and was struck by some of the unique innovation stories in these films. And so I&#8217;ve put this list [...]]]></description> <content:encoded><![CDATA[<p>With all the keynotes I do, I spend a huge amount of time on airplanes &#8212; and often end up going through a lot of video. As of late, I&#8217;ve seen a number of rock documentaries, and was struck by some of the unique innovation stories in these films. And so I&#8217;ve put this list together!</p><p>Start with the slide show on the image below: use the right arrow key to advance through the list! (SLIDESHOW)</p><p><div
id="_cp_widget_4c886ebd6de59"><img
src="http://www.cincopa.com/wpplugin/runtime/loading.gif" style="border:0;" alt="Powered by Cincopa WordPress plugin" /></div> <script src="http://www.cincopa.com/wpplugin/runtime/libasync.js" type="text/javascript"></script> <script type="text/javascript">cp_load_widget("%5Bcincopa+10644378%5D","_cp_widget_4c886ebd6de59");</script> <noscript>Click <a
href="http://www.cincopa.com/wpplugin/view.aspx?fid=%5Bcincopa+10644378%5D" onclick="urchinTracker('/outgoing/www.cincopa.com/wpplugin/view.aspx?fid=_5Bcincopa+10644378_5D&amp;referer=');">here</a> to open the gallery.<br>Powered by Cincopa <a
href="http://www.cincopa.com/wpplugin/wordpress-plugin.aspx" onclick="urchinTracker('/outgoing/www.cincopa.com/wpplugin/wordpress-plugin.aspx?referer=');">wp content plugins</a> solution for your website and Cincopa MediaSend for <a
href="http://www.cincopa.com/mediasend/start.aspx" onclick="urchinTracker('/outgoing/www.cincopa.com/mediasend/start.aspx?referer=');">file transfer</a>.</noscript></p><p>You can also continue reading the list below.</p><h3>#10 Woodstock: 3 days of peace, music &#8230;and love</h3><p><strong>They figured out the HP InkJet business model, long before we even had personal computers<a
title="Buy the Woodstock DVD" href="http://www.amazon.com/gp/product/B001NXDSLQ?ie=UTF8&amp;tag=jimcarroll-20" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B001NXDSLQ?ie=UTF8_amp_tag=jimcarroll-20&amp;referer=');"><img
class="alignright size-medium wp-image-5669" title="Woodstock" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/Woodstock-191x300.jpg" alt="" width="191" height="300" /></a></strong></p><p>Innovation is all about risk, and Woodstock Ventures Inc. was all about risk. Everything went wrong &#8212; problems with ticket sales, the decision that the concert would have to be free, last minute problems that forced a change in concert location which drove up costs. They lost a ton of money on the concert &#8212; but made it up in spades with the film and album. Which is an innovation model that many would follow years later, with companies giving away printers for free, and making gazillions off the ink they would later sell you!</p><p><strong><span
id="more-5656"></span>Key innovation lessons:</strong></p><ul><li>Not every business model is certain: and sometimes, the success you achieve won’t be from what you anticipated</li><li>Stephen Stills on fear: “<em>This is the second time we&#8217;ve ever played in front of people, man, we&#8217;re scared shitless</em>.” Most innovators are!</li></ul><h3>#9 The Sex Pistols: The Great Rock &amp; Roll Swindle</h3><p><strong>Innovators often achieve massive brand success by being at the right place at the right time<a
title="Buy The Great Rock and Roll Swindle" href="http://www.amazon.com/gp/product/0907080138?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=0907080138" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/0907080138?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=0907080138&amp;referer=');"><img
class="alignright size-medium wp-image-5670" title="SexPistols" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/SexPistols-210x300.jpg" alt="" width="210" height="300" /></a></strong></p><p>Love them or hate them, they were certainly one of the most innovative rock bands of all time. They didn’t respect convention: they tore it up. They didn’t do PR &#8212; they redefined PR through their television appearances. They didn’t shy away from controversy &#8212; they created it. In a world of massive competition where brands are trying to stand out, maybe there’s a little bit of PR that everyone can learn from the Pistols.</p><p><strong>Key innovation lessons:</strong></p><ul><li>In today’s business social networked world, controversy stands out. I better the Pistols would have more Twitter followers than anyone on the Planet. Then again, maybe the social universe would just look at them as a bunch of wankers</li></ul><h3>#8 Wayne’s World</h3><p><strong><a
title="Buy Wayne's World" href="http://www.amazon.com/gp/product/B00005JH9J?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B00005JH9J" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B00005JH9J?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=B00005JH9J&amp;referer=');"><img
class="alignright size-medium wp-image-5671" title="WaynesWorld" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/WaynesWorld-199x300.jpg" alt="" width="199" height="300" /></a>Innovation means dreaming big, trying hard, and if at the end of the day it didn’t work out, it will still be worth the effort!</strong></p><p>Ok, so they weren’t a real band, and it’s not really a rock documentary, but it had to go on the list! Did you live the Wayne’s World experience? I did, as a part time roadie for two Kiss concerts during the 70’s. I crack up every time I see the Alice Cooper scene: that was me with the ‘backstage pass.’ Wayne’s World is an innovation inspiration simply because of the enthusiasm and inspiration that these two misfits carry about with them as they pursue their mission. of achieving great success!</p><p><strong>Key innovation lessons:</strong></p><ul><li><strong>Goal oriented</strong>: “Let me bring you up to speed. My name is Wayne Campbell. I live in Aurora, Illinois, which is a suburb of Chicago — excellent. I&#8217;ve had plenty of joe-jobs, nothing I&#8217;d call a career. &#8230;&#8230; OK, so I still live with my parents, which I admit is both bogus and sad. But at least I have an amazing cable access show and I still know how to party! But what I&#8217;d really love is to do &#8220;Wayne&#8217;s World&#8221; for a living. It might happen, tsshyeah, and monkeys might fly out of my butt.”</li></ul><h3>#7 The Clash Live: Revolution Rock</h3><p><strong><a
title="Buy The Clash: Revolution Rock" href="http://www.amazon.com/gp/product/B0013K6WN0?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B0013K6WN0" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B0013K6WN0?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=B0013K6WN0&amp;referer=');"><img
class="alignright size-medium wp-image-5672" title="Clash" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/Clash-208x300.jpg" alt="" width="208" height="300" /></a>Innovators constantly mix it up, change, evolve their product and style, and never go stale.</strong></p><p>If a band can go from punk to reggae-oriented punk with a touch of Spanish flamenco, it’s certainly a leader in innovation. And Clash excelled as an innovative band because it’s music and lyrics also tied into the rage of the region: “Guns of Brixton” will always be a classic commentary on the mood of Britain during the race-infused riots of 1979. They came to influence everyone from the Beastie Boys to U2 to Green Day. This documentary shows them during their early years, full of energy, drive and innovative attitudes!</p><p><strong>Key innovation lessons:</strong></p><ul><li>Each and every transition the band made involved a huge leap in musical style and focus &#8211; they were naturals at innovation</li><li>“<em>Their music is an influential now as when it hit the scene some thirty years ago</em>”</li></ul><h3>#6 Rush: Beyond the Lighted Stage</h3><p><strong><a
title="Buy Rush: Behind the Lighted Stage" href="http://www.amazon.com/gp/product/B003J27WFW?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B003J27WFW" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B003J27WFW?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=B003J27WFW&amp;referer=');"><img
class="alignright size-medium wp-image-5673" title="Rush" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/Rush-208x300.jpg" alt="" width="208" height="300" /></a>Real innovators stick with what they believe in, despite what they are told by others</strong></p><p>When Rush first appeared on the scenes in the 70’s, they were told by lots of folks that their music &#8212; cerebral, deep, and complex &#8212; would never appeal to a big audience. They went on to record 2112 and instantly endeared themselves to an audience of hundreds of millions, becoming one of the biggest rock bands of all time.</p><p><strong>Key innovation lessons:</strong></p><ul><li>Don’t always listen to the experts:</li><li>There always exists a market for a product that is unique, complex and unlike anything else out there! Product differentiation is a core innovation capability!</li></ul><h3>#5 Metal: A Headbangers’ Journey</h3><p><strong><a
title="Buy Metal: A Headbangers Journey" href="http://www.amazon.com/gp/product/B000EGEJIY?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B000EGEJIY" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B000EGEJIY?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=B000EGEJIY&amp;referer=');"><img
class="alignright size-medium wp-image-5674" title="Metal" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/Metal-206x300.jpg" alt="" width="206" height="300" /></a>Exploring and understanding the unique motivations of niche markets</strong></p><p>The world today doesn’t consist of one generic, homogenous customer base. Nor does it exist in the world of heavy metal. In this documentary, you catch a fascinating glimpse of the many different genres and sub-genres, each with their own unique style, founding principles (or lack thereof), and unique audience value proposition.  A must for those who want to understand how micro-markets are a significant driving force in customer innovation!</p><p><strong>Key innovation lessons:</strong></p><ul><li>From the Web site: “Sam Dunn is a lifelong Metalhead and anthropologist. In <em>Metal: A Headbanger&#8217;s Journey</em>, after years of studying diverse cultures, Sam turns his academic eye a little closer to home and embarks on an epic journey into the heart and soul of heavy metal music.” In other words, when it comes to innovation, research into niche markets still matters!</li></ul><h3>#4 End of the Century: The Story of the Ramones</h3><p><strong><a
title="Buy Ramones: End of the Century" href="http://www.amazon.com/gp/product/B000642JG8?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B000642JG8" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B000642JG8?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=B000642JG8&amp;referer=');"><img
class="alignright size-medium wp-image-5675" title="Ramones" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/Ramones-200x300.jpg" alt="" width="200" height="300" /></a>They defined punk, before </strong><strong>punk even knew it existed.</strong></p><p>The most remarkable thing about this documentary is that the Ramones were clearly leaders at innovation. They defined the unique musical style that defined a generation of music; they defined the look; they defined the attitude. So much so that their style and attitude came to epitomize what it meant to be different! They weren’t afraid to experiment, even during their ill-fated sessions with Phil Spector.</p><p><strong>Key innovation lessons:</strong></p><ul><li>being innovative doesn’t necessarily mean huge success: maybe it is more important to influence and change the entire course of history instead. That’s what the Ramones did from a musical genre perspective</li><li>despite setbacks, maybe innovators do get the respect they deserve in the end &#8212; which came true for the Ramones when they were inducted into the Rock ‘n Roll Hall of Fame</li></ul><h3>#3 This is Spinal Tap</h3><p><a
title="Buy : This is Spinal Tap" href="http://www.amazon.com/gp/product/6305922756?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=6305922756" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/6305922756?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=6305922756&amp;referer=');"><img
class="alignright size-medium wp-image-5676" title="SpinalTap" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/SpinalTap-201x300.jpg" alt="" width="201" height="300" /></a>“<strong>It goes to 11”</strong></p><p>That’s a massive innovation that few other bands have managed to accomplish (let alone say with a straight face.)</p><p>Although a fake documentary,  the lessons on innovation are countless. Don’t be afraid to try new things.  Always be mixing up the stage performance with dramatic new initiatives. Don’t fear failure, but learn from it.  And remember &#8212; keeping an innovation partnership together can be one of the most important things you can do.</p><p><strong>Key innovation lessons:</strong></p><ul><li>success doesn’t come all at once: it can take a long time. Be relentless in your efforts!</li><li>Key line in the movie: <a
href="http://www.imdb.com/name/nm0571106/" onclick="urchinTracker('/outgoing/www.imdb.com/name/nm0571106/?referer=');">David St. Hubbins</a>: “<em>It&#8217;s such a fine line between stupid, and clever</em>.” That’s innovative thinking!</li><li>Motivational moment: <a
href="http://www.imdb.com/name/nm0376676/" onclick="urchinTracker('/outgoing/www.imdb.com/name/nm0376676/?referer=');">Ian Faith</a> (head roadie:)<br
/> “<em>For one thing that goes wrong&#8230; one&#8230; one single thing that goes wrong, a hundred things go right</em>”</li></ul><h3>#2 Iron Maiden &#8211; Flight 666</h3><p><strong>If the business model isn&#8217;t working, change the business model!</strong></p><p><a
href="http://www.amazon.com/gp/product/B001W63DX2?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B001W63DX2" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B001W63DX2?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=B001W63DX2&amp;referer=');"><img
class="alignright size-medium wp-image-5683" title="IronMaiden" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/IronMaiden-297x300.jpg" alt="" width="297" height="300" /></a>The business model for concert touring has changed in massive ways; it’s more difficult for bands to launch a successful, sellout regional tours.  So when the business model changes, make up your own!</p><p>That’s what Iron Maiden did &#8212; they had their lead singer &#8212; a pilot &#8212; fly a chartered 757 to stadium shows in 22 countries in 35 days, putting on a tour that might have been logistically impossible in the old business model of rock tours.</p><p><strong>Key innovation lessons:</strong></p><ul><li>when your business model changes &#8212; get ahead of it and define your own!</li><li>innovation can be all about logistics &#8212; you can get out and do things you haven’t done before</li><li>don’t wait for others to fix your “problems” &#8212; fix them yourself!</li></ul><h3>#1 Anvil &#8211; The Story of Anvil</h3><p><a
title="Buy Anvil: The Story of Anvil" href="http://www.amazon.com/gp/product/B002DLB1IO?ie=UTF8&amp;tag=jimcarroll-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002DLB1IO" onclick="urchinTracker('/outgoing/www.amazon.com/gp/product/B002DLB1IO?ie=UTF8_amp_tag=jimcarroll-20_amp_linkCode=as2_amp_camp=1789_amp_creative=9325_amp_creativeASIN=B002DLB1IO&amp;referer=');"><img
class="alignright size-medium wp-image-5678" title="Anvil" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/Anvil-191x300.jpg" alt="" width="191" height="300" /></a><strong>Innovators sometimes take a long time before they achieve success</strong></p><p>Anvil is a Toronto based band that toured with heavy-metal monsters such as Metallica during the 80’s. They never made it big. But they never gave up.  This movie is their story &#8212; the story of true innovation heroes, who somehow succeeded to find success in the end &#8212; even if it more than thirty years!</p><p><strong>Key innovation lessons:</strong></p><ul><li>never give up</li><li>be relentless in your focus</li><li>don’t let the down moments get you down</li><li>don’t do it their way &#8211; do it your own way</li></ul><p><strong><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/06/Jim-Anvil.jpg"><img
class="alignright size-full wp-image-5679" title="Jim-Anvil" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/Jim-Anvil.jpg" alt="" width="224" height="336" /></a>Notice of potential conflict</strong>: I was transitting through Toronto airport a few months ago, and saw Anvil at the gate for a Los Angeles flight. Turns out they were on their way to a series of concerts in Australia. I had to go up and get a picture, and told them, &#8220;I found your story to be one of the most compelling innovation stories of all time.&#8221; That&#8217;s where I got the idea for this blog post, and maybe I&#8217;m a bit biased in my choice for number 1!</p><p>What do you think? What other rock documentaries should be on the list?</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/the-10-most-important-innovation-themed-rock-documentaries-of-all-time/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>What are retailers worried about? Consumer interaction and location!</title><link>http://www.jimcarroll.com/2010/06/what-are-retailers-worried-about-consumer-interaction-and-location/</link> <comments>http://www.jimcarroll.com/2010/06/what-are-retailers-worried-about-consumer-interaction-and-location/#comments</comments> <pubDate>Wed, 16 Jun 2010 15:55:50 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Consumer & food]]></category> <category><![CDATA[Faster]]></category> <category><![CDATA[Retail]]></category> <category><![CDATA["business model"]]></category> <category><![CDATA["consumer products"]]></category> <category><![CDATA["location intelligence"]]></category> <category><![CDATA["marketing and advertising"]]></category> <category><![CDATA["mobile phone"]]></category> <category><![CDATA["mobile technology"]]></category> <category><![CDATA[advertising]]></category> <category><![CDATA[Branding]]></category> <category><![CDATA[brands]]></category> <category><![CDATA[connectivity]]></category> <category><![CDATA[consumer]]></category> <category><![CDATA[interaction]]></category> <category><![CDATA[Major trends]]></category> <category><![CDATA[Marketing]]></category> <category><![CDATA[mobile]]></category> <category><![CDATA[polls]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5624</guid> <description><![CDATA[I just came from giving a keynote for the annual conference of a major customer loyalty organization, with the talk focused on some of key trends impacting the world of retail today. There&#8217;s certainly a lot going on and a lot to think about. Extremely rapid business model change, the emergence of new competitors, ongoing [...]]]></description> <content:encoded><![CDATA[<p>I just came from giving a keynote for the annual conference of a major customer loyalty organization, with the talk focused on some of key trends impacting the world of retail today.</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/06/abhr_conf2010_02.jpg"><img
class="alignright size-medium wp-image-5629" title="Up!" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/abhr_conf2010_02-300x214.jpg" alt="" width="300" height="214" /></a></p><p>There&#8217;s certainly a lot going on and a lot to think about. Extremely rapid business model change, the emergence of new competitors, ongoing consumer confidence volatility, rapid product turnover and faster product life-cycles.</p><p>So what are they really, really worried about? Let&#8217;s put in context the people I had in the room &#8212; senior VP&#8217;s and managers in major retailers representing several billions in revenue in a wide variety of markets, including pharmaceutical, grocery, consumer goods and electronics. Not to mention quite a few bankers, responsible for credit card portfolio&#8217;s, loyalty programs and other customer oriented programs and infrastructure.</p><p>Given all that, the top of mind issue is &#8212; <strong>new methods of customer interaction</strong>.</p><p>Look at the poll results below. The issue stands out far and away as the most important concern of the day!</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/06/2010RetailPoll.png"><img
class="alignnone size-full wp-image-5628" title="2010RetailPoll" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/2010RetailPoll.png" alt="" width="550" height="339" /></a></p><p>Hence, my keynote was bang-on. I didn&#8217;t touch too much on the social networking phenomena, as this type of crowd has been drowning in social-networking Powerpoints.</p><p>My focus was on interactivity, location, and intelligence,, and the extremely rapid emergence of new forms of in-store interaction and product sales uplift. Things like digital signage, in-store electronic promotional displays, iPod based coups. A flood of new stuff and new ideas that promote new ways of</p><p>Listen folks, I know I&#8217;ve said it here before, but I&#8217;ll say it again.</p><p><strong>2010 is the year of location, combined with mobility, and it&#8217;s happening faster than you think.</strong></p><p>I&#8217;m pumped about this topic and the reaction, so I&#8217;ve rolled this into a new keynote description:</p><p
style="padding-left: 30px;"><strong>Location is the New Intelligence: Customer Interaction in the Era of Pervasive Mobile</strong></p><p
style="padding-left: 30px;"><em>We&#8217;re at the leading edge of the merger of three perfect trends: the rapid and massive emergence of a massive mobile infrastructure with increasingly intelligent devices. Pervasive location awareness as a results of GPS and location intelligence/mapping trends in those very same tools. And a consumer mindset that is increasingly open to new forms of interaction. The result is massive business model disruption, absolutely transformative market change, and complete obliteration of old assumptions as to the nature of the customer relationship. Smart, innovative super-heroes know that this is an unprecedented time to jump on the emergence of location as the new intelligence, in order to provide for new ways of product uplift in the retail space, changing the very nature of customer loyalty through new forms of interaction, and enhancing existing one-to-0ne conversations through a more direct, distinct and fascinating new form of location based relationships. Futurist, Trends &amp; Innovation Expert Jim Carroll is setting the retail, marketing and advertising world on fire with his fast paced insight into one of the most important trends to shape the customer-business relationship in the last few decades. Move over social networking &#8212; location is the new intelligence!</em></p><p>Read more: Location is the new intelligence <a
title="Location is the new intellgence" href="/2010/04/location-is-the-new-intelligence/" target="_self"><img
class="alignnone size-full wp-image-4276" title="arrows.gif" src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" alt="" width="8" height="5" /></a></p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/what-are-retailers-worried-about-consumer-interaction-and-location/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>The Masters in Business Imagination Degree!</title><link>http://www.jimcarroll.com/2010/06/the-masters-in-business-imagination-degree/</link> <comments>http://www.jimcarroll.com/2010/06/the-masters-in-business-imagination-degree/#comments</comments> <pubDate>Tue, 15 Jun 2010 12:01:59 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Articles]]></category> <category><![CDATA[Blog]]></category> <category><![CDATA[Change]]></category> <category><![CDATA[Education]]></category> <category><![CDATA[How to be innovative]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Leadership]]></category> <category><![CDATA[careers]]></category> <category><![CDATA[education]]></category> <category><![CDATA[knowledge]]></category> <category><![CDATA[skills]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5614</guid> <description><![CDATA[With a lot of university graduations and commencements, it might be a good moment and pause to think about a degree that colleges and universities should be offering their students. That&#8217;s why I opined a number of years ago that we needed to prepare people for a fast paced future by letting them enroll in [...]]]></description> <content:encoded><![CDATA[<p>With a lot of university graduations and commencements, it might be a good moment and pause to think about a degree that colleges and universities should be offering their students. That&#8217;s why I opined a number of years ago that we needed to prepare people for a fast paced future by letting them enroll in a Masters of Business Imagination Degree.</p><div
class="mceTemp"><dl
id="attachment_5616" class="wp-caption alignright" style="width: 246px;"><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/06/MBI-Imagination.pdf"></a></p><dt
class="wp-caption-dt"><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/06/MBI-Imagination.pdf" target="_blank"><img
class="size-medium wp-image-5616" title="MBI-Imagination" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/MBI-Imagination-236x300.png" alt="" width="236" height="300" /></a></dt><dd
class="wp-caption-dd">MBI PDF</dd></dl></div><p>Grab the PDF to the right, and share it around. Here&#8217;s how it reads.</p><p>&#8220;In a time of rapid, disruptive change can be a death sentence – not only for organizations, but for the careers and skills of those who work there! It’s time to abandon the thinking that has had you anchored firmly to the past – and to shift your focus to the future, with enthusiasm, motivation and imagination.</p><p>You can do this by abandoning any pretense that the skills of yesterday will be important tomorrow. Figuratively and literally, it is time to move beyond the thinking that has led us to a world of MBA’s – Masters of Business Administration – and focus upon the critical skill that will take you into tomorrow. The world doesn’t need more administrators. It needs more MBI’s – Masters of Business Imagination!</p><p>What are the attributes? MBI&#8217;s:</p><ul><li>see things differently</li><li>spur creativity in other people</li><li>focus on opportunity, not threat</li><li>refuse to accept the status quo</li><li>bring ideas to life</li><li>learn and unlearn</li><li>refuse to say the word can&#8217;t</li><li>accept challenges with passion and enthusiasm</li><li>thrive on diversity</li><li>challenge assumptions</li><li>are solutions oriented</li></ul><p>Grab the Masters of Business Imagination PDF <a
href="http://media.jimcarroll.com/wp-content/uploads/2010/06/MBI-Imagination.pdf" target="_self"><img
class="alignnone size-full wp-image-4290" title="arrows2.gif" src="http://media.jimcarroll.com/wp-content/uploads/2010/03/arrows2.gif" alt="" width="8" height="5" /></a></p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/the-masters-in-business-imagination-degree/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>&#8220;We shop faster&#8221; &#8211; the new fast world of retail, food and consumer products</title><link>http://www.jimcarroll.com/2010/06/we-shop-faster-the-new-fast-world-of-retail-food-and-consumer-products/</link> <comments>http://www.jimcarroll.com/2010/06/we-shop-faster-the-new-fast-world-of-retail-food-and-consumer-products/#comments</comments> <pubDate>Thu, 10 Jun 2010 13:56:52 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Branding & marketing]]></category> <category><![CDATA[Consumer & food]]></category> <category><![CDATA["consumer products"]]></category> <category><![CDATA["marketing and advertising"]]></category> <category><![CDATA["mobile technology"]]></category> <category><![CDATA[advertising]]></category> <category><![CDATA[Branding]]></category> <category><![CDATA[consumer]]></category> <category><![CDATA[cpg]]></category> <category><![CDATA[food]]></category> <category><![CDATA[new influencers]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5601</guid> <description><![CDATA[Here&#8217;s a summary of my observations from a keynote I did in New York City for retailers, agencies, marketing organizations, food and CPG companies, on some of the trends that are sweeping their industries today. The summary is courtesy of the event sponsor, the Readers Digest Food &#38; Entertainment Group. 1. The New Consumer Is [...]]]></description> <content:encoded><![CDATA[<p>Here&#8217;s a summary of my observations from a keynote I did in New York City for retailers, agencies, marketing organizations, food and CPG companies, on some of the trends that are sweeping their industries today.</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/03/RDA1-e1269976774683-200x3001.jpg"><img
class="alignright size-full wp-image-3295" title="RDA1-e1269976774683-200x3001.jpg" src="http://media.jimcarroll.com/wp-content/uploads/2010/03/RDA1-e1269976774683-200x3001.jpg" alt="" width="200" height="300" /></a>The summary is courtesy of the event sponsor, the Readers Digest Food &amp; Entertainment Group.</p><p><strong>1. The New Consumer Is Shifting Their Attention Faster than Ever</strong></p><p>Consumers suffer from &#8220;continuous partial attention&#8221; with more stimuli around them than ever before:</p><ul><li>The number of text messages sent each day exceeds the population of the earth</li><li>There are 62.6 million videogame households (up 11.4%) and the average age of a video game consumer is 41</li><li>consumers spend about 10 hours per day and $1,000 per year with various media – primarily wireless devices, iPods, in store displays, in-auto media content and the Internet</li><li> 93% of American teens are online, proving that the Internet will become ubiquitous</li></ul><p>Consumers across demographic segments are immersed in this new interactive world forcing brands to engage them across all mediums to stay connected.</p><p><span
id="more-5601"></span>This new shopper is not only more scattered and more connected, but also faster – scanning 12 feet of shelf space on average per second. In-store influencers will now evolve at the pace of the iPhone and the Blackberry, challenging marketers to keep up with the pace. Faster is the new innovation and innovation isn&#8217;t just about new product design – it’s about responding to fast-paced consumer change.</p><p
style="padding-left: 30px;"><strong>Marketing Implication: </strong><em>Marketers must work harder than ever to capture the attention of the consumer and make a connection. Brands must keep up with the pace of consumer change in order to stay relevant.</em></p><p>2. <strong>The New Consumer Is No Longer Nuclear</strong></p><p>The nuclear family is no longer the norm as Americans find new definitions for ‘family’ in today’s world. The following headlines touch on the variety of different ways families are structured today:</p><ul><li>&#8220;&#8230;.only 1 in 4 of the population live in heterosexual, two-parent families&#8230; one in three people now live alone&#8230;.&#8221; &#8211; <em>ABC</em></li><li>&#8220;&#8230;.urban Americans remain single for more than half of their adult lives, a radical shift&#8230;..&#8221; &#8211; <em>NBC</em></li><li>&#8220;Between the ages of 18 and 59&#8230;. Chicagoans spend&#8230; 18 years married.. 4 years co-habitating&#8230;.19 years alone or casually dating&#8221; &#8211; <em>Associated Press </em></li><li>&#8220;LAT tourism &#8230;. living apart together &#8230;.two out of five marriages end in divorce&#8221; &#8211; <em>Reuters</em></li></ul><p>Brands must acknowledge these new trends as they develop products and create marketing messages to resonate with today’s consumer.</p><p
style="padding-left: 30px;"><strong>Marketing Implication: </strong><em>Hyper-nicheing is the new brand reality as the market becomes more specialized and fragmented. Marketers can no longer rely on preconceived segmentation strategies, but rather need to think differently about who they are trying to reach and how to reach them.</em></p><p><strong>3. The New Consumer Is Influenced Differently</strong></p><p>We&#8217;re in the era of the &#8220;<em>Celebrity Baby Blog</em>&#8221; where purchases are influenced heavily by what others are doing. And it is not just celebrities that consumers are watching – they are also looking to their peers for advice and brand recommendations. For example, in travel, 79% of travellers trust peer reviews more than ads.</p><p>The same thing is happening with consumer products – peer reviews are the new influencers, with 83% trusting the opinion of a friend or acquaintance who has used the product or service.</p><p
style="padding-left: 30px;"><strong>Marketing Implication: </strong><em>Social networks are the new brand influencers and marketers must find ways to connect with consumers who are highly influential in their peer groups.</em></p><p><strong>4. The New Consumer Is Shifting Their Focus</strong></p><p>Socio-economic shifts are affecting consumer behavior at an increasingly fast pace.</p><p>For example, the downturn in the economy has quickly had a significant impact on consumers’ eating habits. 71% of consumers are choosing to prepare meals at home instead of eating out and restaurant trips have decreased from 1.5 times a week in 2006, to 1.2 times today. (F<em>ood Marketing Institute US Grocery Shopper Trends</em>)</p><p>Another prime example of trends reaching mainstream quickly is the health trend. Even the most active consumers shopping at delis are health-conscious. 80% of deli-buyers are making changes to their diets and 90% are now reading deli labels (<em>International Dairy-Deli-Bakery Association</em>)</p><p>New markets are constantly emerging, whether it’s fresh-cut snack food, growing from a $6.8 billion industry to $10.5 billion (International Fresh-Cut Produce Association) or rapidly changing tastes – flavors are now moving from upscale kitchens to chain restaurants in 12 months, compared to 36 months 5 years ago.</p><p
style="padding-left: 30px;"><strong>Marketing Implication: </strong><em>Faster-paced preference change is the new reality and brands must be nimble to keep up with consumer demand.</em></p><p><strong>5. The New Product Is Rapidly Redefined</strong></p><p>New products are brought to market faster, redefining the industry quickly and forcing products to keep up.</p><p>As scientific knowledge is being shared in real time, ethical packaging innovations are emerging and driving product design.</p><p>For example, wax paper infused with cinnamon oil (antibacterial) inhibits 96% of mold for up to 10 days (<em>Investor&#8217;s Business Daily</em>). This new discovery allows CPG companies to produce new products with a naturally longer shelf life. Major manufacturers and retailers must respond to these new trends, especially as consumers jump onboard and demand these innovations. Most notably, Walmart has vowed to have zero private label packaging waste by 2010, and to eliminate all packaging waste by 2025 (M<em>odern Plastics Worldwide</em>)</p><p>Another example of a new product being redefined at a rapid pace is the &#8220;nutri-cosmetic&#8221; market – already at $1.5 billion worldwide (only 3% of that is in the U.S.) and predicted to grow at 4.7% a year in the U.S. to $10.6 billion by 2012 (<em>Household &amp; Personal Products Industry</em>). Consumers are embracing new products that can offer positive effects on their appearance, while easily being integrated into their lifestyle.</p><p
style="padding-left: 30px;"><strong><em>Marketing Implication: </em></strong><em>Time to market and corporate agility are the new capabilities to focus on.</em></p><p><strong>6. The New Product Is Upside Down</strong></p><p>The way companies are innovating is also changing. The process used to be to get the assortment right, figure out the merchandising, go to stores and create a marketing campaign around it all.</p><p>The new innovation model turns that upside down: as large companies are more connected to consumer demand, they can use that insight to come up with the marketing, then determine the merchandising and get the assortment right.</p><p>Partnership with retailers and packaging companies in the design of the product is the key trend because these partners are closer to consumer demands and can often guide development of new products through their unique insight. Smart manufacturers are turning to packaging designers to ask for help lowering expenses as oil and raw material prices rise. (<em>Bangkok Post</em>). 73% of packaging machine builders collaborate with customer-packaging engineers. (<em>Control Engineering</em>).</p><p
style="padding-left: 30px;"><strong>Marketing Implication: </strong><em>Partnership with retailers and packaging companies is the key method to speed up product innovation and efficiently introduce new products to the marketplace.</em></p><p><strong>7. The New Marketing Is Shifting</strong></p><p>Consumers are being increasingly influenced by their time spent online. Therefore, online advertising spending is increasing and is predicted to rise to $51 billion in 2012 – up from $21 billion in 2007.</p><p>Consumers are looking across all media and being influenced by different sources of inspiration. Different media serves different purposes for consumers and reaches them in different mindsets. For example, certain magazines are set aside for leisure comfort reading, while online media can quickly provide relevant information at the touch of a button.</p><p
style="padding-left: 30px;"><strong>Marketing Implication: </strong><em>A &#8220;healthy mix&#8221; is the new advertising recipe for success reaching consumers at different touch-points.</em></p><p>Here&#8217;s a short video clip of Jim&#8217;s keynote, in which he speaks about the increasing velocity of change in retail.</p><p
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type="application/x-shockwave-flash" width="480" height="385" src="http://www.youtube.com/v/H8BUqG9Dzp0&amp;hl=en_US&amp;fs=1&amp;color1=0x3a3a3a&amp;color2=0x999999" allowscriptaccess="always" allowfullscreen="true"></embed></object></p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/we-shop-faster-the-new-fast-world-of-retail-food-and-consumer-products/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Careers End &#8211; CNN&#8217;s cluelessness on the jobless recovery</title><link>http://www.jimcarroll.com/2010/06/careers-end-cnns-cluelessness-on-the-jobless-recovery/</link> <comments>http://www.jimcarroll.com/2010/06/careers-end-cnns-cluelessness-on-the-jobless-recovery/#comments</comments> <pubDate>Tue, 08 Jun 2010 15:34:01 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Human Capital]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5591</guid> <description><![CDATA[This is a long post. Way back in 1997, I wrote a book called &#8220;Surviving the Information Age.&#8221; It&#8217;s now out of print, but a few copies are still at Amazon. The book took a long look at the trends that would impact our future. I dug it out again today when CNN ran an [...]]]></description> <content:encoded><![CDATA[<p>This is a long post.</p><p>Way back in 1997, I wrote a book called &#8220;Surviving the Information Age.&#8221; It&#8217;s now out of print, but <a
href="http://www.amazon.com/Surviving-Information-Age-Jim-Carroll/dp/0136295029" target="_blank" onclick="urchinTracker('/outgoing/www.amazon.com/Surviving-Information-Age-Jim-Carroll/dp/0136295029?referer=');">a few copies are still at Amazon</a>.</p><p><a
href="http://www.amazon.com/Surviving-Information-Age-Jim-Carroll/dp/0136295029" target="_self" onclick="urchinTracker('/outgoing/www.amazon.com/Surviving-Information-Age-Jim-Carroll/dp/0136295029?referer=');"><img
class="alignright size-medium wp-image-5596" title="surviving" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/surviving-199x300.jpg" alt="" width="199" height="300" /></a>The book took a long look at the trends that would impact our future. I dug it out again today when CNN ran an article, &#8220;<a
title="CNN article" href="http://money.cnn.com/2010/06/01/news/economy/contract_jobs/index.htm?hpt=C2" target="_blank" onclick="urchinTracker('/outgoing/money.cnn.com/2010/06/01/news/economy/contract_jobs/index.htm?hpt=C2&amp;referer=');">Say goodbye to full time jobs without benefits</a>&#8220;, decrying the fact that with the recession coming to an end, we were seeing more jobs that were contract oriented rather than full time. Reading the article, it seems they see this as a shocking new trend.</p><p>D&#8217;uh! What planet are these people on. Countless people have been talking and writing about the significant structural change occurring in hiring practices. I&#8217;ve been speaking about it since 1987 when the New York Times wrote an editorial entitled &#8220;Tomorrow&#8217;s company won&#8217;t have walls.&#8221;</p><p>So in the spirit of going back in time, I offer up an extract from my <em>Surviving the Information Age</em> book, in which I wrote at length about the trend.</p><p><span
id="more-5591"></span></p><p>I think I&#8217;ll re-release the book as an e-Book. It&#8217;s uncanny how right it was.</p><p><strong>Chapter 5 : From Surviving the Information Age, Jim Carroll, 1997</strong></p><p>The world of business is going to be changed by computer technology, not only as a result of the interlinking of business computer systems – but through the emergence of brand new forms of corporate organization that are fuelled by the connections that computers permit between companies and people.</p><p>My own career experiences are similar to what many people went through with the recession and business upheaval of the 1980s and 1990s. A lot of people found themselves in circumstances that forced them to re-examine their lives and make some decisions with regard to their careers. Some responded marvelously and others did not.</p><p>In my case, I’ve discovered a new flexibility in my attitude towards work: I find that my attitude now is that I have to continually change myself and skills in order to keep one step ahead in the game. Since I don’t have a job, I have to constantly invent one – and make myself available as a temporary worker to any business on the planet.</p><p>*	*	*	*</p><p>By understanding in general terms what is going to happen in the future in terms of new forms of business organization, you can prepare yourself to maintain your career — and hence your income — through a period of unprecedented change.</p><p>One of the most significant changes that is occurring is that the emergence of the wired world will result in a significant change in the relationship between a business organization and its employees.</p><p>In the good old days, there was a simple rule that the world of business operated by: people lived close to the place where they worked. Having a job meant that you got up every morning, went to work, put in your seven or eight hours and went back home.</p><p>With the wired world, of course, this is no longer true: the matter of location is quickly becoming irrelevant. With the explosion of telecommunication networks, fax machines, voice mail, e-mail and other methods of communication, the fact is that the work that people do is increasingly becoming accessible to the world of business from anywhere. You can expect this trend to continue. For all the hype and hyperbole, business is truly going global and will come to rely on the skills of people wherever they might be on the planet.</p><p>*	*	*	*</p><p>Back in June of 1989, I read an article in the <em>New York Times</em> entitled “<em>Tomorrow’s Company Won’t Have Walls</em>.” The author did a wonderful job of putting into perspective the fact that traditional forms of business were coming to an end, primarily because of the expansion of global communication capabilities. The author foresaw that the world was already becoming one in which companies were more likely to hire expertise on a part-time, as-needed basis.</p><p>His prediction? In the future, because of increasing complexity in the business world, companies would find that they would need a lot of specialized expertise. And with ever-increasing sophistication in communication capabilities, they would find that they would be able to obtain this expertise not by hiring more employees, but by accessing that expertise from contract workers or consultants who happened to make their skills available through sophisticated telecommunications technologies wherever they might be.</p><p>Two years after I read that article, which caused me to begin to think about what was happening around me with the recession of 1990–1991, <em>Fortune</em> magazine ran a cover story called “<em>The End of the Job</em>.” The article predicted that we were entering an economy in which “jobs” are disappearing and in which people would make themselves available to companies for short-term assignments.</p><p>And by 1996, <em>The End of Work</em>, a book that focuses on the dramatic change occurring in our economy, rocketed to the top of the international best-seller lists. One of the key premises of the book? The economy of the temporary workforce is upon us.</p><p>In his book <em>Job Shift</em>, William Bridges (1994) coined the phrase “dejobbing” to describe this trend to non-standard employment. He says that workers are going to be more like independent business people (or one-person businesses) than conventional employees. They are likely to work for more than one client at a time and to move back and forth across organizational boundaries — being employed full-time for a period of time, then hired to do contract work, then hired to consult, and then brought back in-house (perhaps part-time this time) on a long-term assignment. He concludes that, although there will always be enormous amounts of work to do in our economy, the work will not be contained in that old familiar employment form of standard full-time, full-year jobs.</p><p>All these articles and books centre on two themes: the ever-increasing reliance on the temporary “<em>workforce for hire</em>” and a reduction in the duplication of skills throughout an organization.</p><p>Over time, companies will become leaner and meaner than they are today. They will be built around a small, core group of staff responsible for keeping the business running and will obtain the rest of their needed expertise through an ongoing and ever-growing reliance on contract workers. And specialized expertise need not be duplicated. In the old days, companies may have had a human resource expert for every division and every office location. Today, they can rely on one expert, or perhaps two or three, and make that talent available to the rest of the organization through e-mail and other methods.</p><p>These changes are real and aren’t science fiction. Take a look around your world, and I’m sure you can see the signs that it is beginning to happen. Fortune 500 organizations continue to shed staff at alarming rates, as the era of downsizing and rationalization continues unabated. You’ve either been directly affected or will be in the future.</p><p>*	*	*	*</p><p>If you think about it, the wired world is the grease that is fueling this new type of corporate organization. The reason? With the explosion of communication capabilities, organizations can go out and access the expertise and talent of any number of people around the planet. Why hire staff when you can hire a temp? If you spend a bit of time thinking about the implications of this change, you will see that through the next decade some rather remarkable changes are in store.</p><ul><li><strong>The Number of Full-time Jobs Will Begin to Shrink Dramatically</strong></li></ul><p
style="padding-left: 30px;">The era of the job for life has clearly come to an end, and the concept of the job is becoming irrelevant as well. A new way of thinking is emerging in the corporate world, built upon a reluctance to increase staff levels, with the result that we are becoming an economy of consultants who sell their skills and talents to business on an as-needed basis.</p><p
style="padding-left: 30px;">It used to be that companies entered into an employer–employee relationship in order to obtain access to some type of specialized skill or knowledge. If the company needed a new marketing specialist, it went out and hired a marketing specialist. Then came the recession of the early 1990s. With the onslaught of restructuring that occurred, companies came to appreciate that it cost a heck of a lot of money to fire people, since severance packages had become quite expensive.</p><p
style="padding-left: 30px;">A new way of thinking began to occur in the corporate world, built on this logic: if we hire staff, we might have to fire them some day, particularly if we have another recession. It costs a lot of money to fire people. So why not hire people, not as staff, but on contract or as temporary workers? The role of the wired world? Guess what. A lot of those contract and temporary workers are found on the end of a telecommunications line.</p><ul><li><strong>Companies Will Hire the Best Talent They Can, Regardless of Where That Person Might Be</strong></li></ul><p
style="padding-left: 30px;">In the wired world, the only thing that counts is knowledge. If the knowledge is accessible from anywhere in the world, then companies will find themselves in the position of being able to choose the best talent and expertise they need to do a particular job from a group of global, skilled consultants.</p><p
style="padding-left: 30px;">The impact? A new era of career competitiveness is about to unfold as a number of highly skilled workers sell their capabilities and talents to a global audience of business organizations. The result? Marginal performance is no longer going to be good enough: in the new dog-eat-dog world of networked business, the old rule that those with the best skills and capabilities will be in the greatest demand will be even more true than it is today.</p><ul><li><strong>Lifestyle Choice Will Come to Dominate Career Decisions</strong></li></ul><p
style="padding-left: 30px;">Because they can supply their skills from anywhere through the tools of the wired world, this elite group of individuals will call the shots. They will make lifestyle decisions that will let them service their national and global client base from a <em>rural electronic cottage,</em> thus enjoying the fruits of the wired economy, at the same time watching their children grow up. A new era of career decisions based upon lifestyle choices is upon us. As we enter an economy in which location doesn’t matter, the natural result is that more people will choose to work from the places they <em>want to</em>, rather than where they <em>have to</em>.</p><ul><li><strong>Our Actual Work Location Won’t Matter</strong></li></ul><p
style="padding-left: 30px;">You can enhance your future career and job opportunities by adapting your skills so that they are marketable and accessible via the wired world. That simple rule, people lived close to the place where they worked, that I mentioned earlier is clearly and unequivocally changing as a result of the wired world, since you don’t need to be near your job in order to do the work!</p><p
style="padding-left: 30px;">On the other hand, we might consider that the rule hasn’t changed: people who have mastered the technology that lets them provide their skills to others, wherever they might be, live close to the place where they work — online!</p><p
style="padding-left: 30px;">The matter of location is quickly becoming irrelevant, with the explosion of telecommunication networks, fax machines, voice mail, e-mail and other methods of communication. The office of the future will look like your bedroom — because it will be.</p><p
style="padding-left: 30px;">As companies begin to rely more and more on outside expertise, the number of core employees required will continue to decrease. The impact on downtown urban areas will be dramatic. There will be fewer people working in office towers. The real estate industry has a phrase for this: “see through buildings.” That’s because they will be.</p><p
style="padding-left: 30px;">Guess what — the work force of the twenty-first century wears sweatpants, not suits, since they shop at WalMart, not Hugo Boss, for their day-to-day work attire. And while downtown real estate will suffer, the home improvements industry will expand, as people build a more comfortable home office environment.</p><p
style="padding-left: 30px;">If you really want to know what is happening in the world around us, talk to your letter carrier. She will tell you that her pack is getting heavier, year after year, because of the number of people working at home. Visit a local photocopy or office supply store at 10 in the morning, and you’ll find a variety of semi-scruffy professionals loading up on supplies or getting some copies made.</p><p
style="padding-left: 30px;">Today, 41% of Canadians have home computers, according to Statistics Canada. Not all of them are used solely for games and homework; an increasing number sit in the home office, tools with which the new home-based workforce is meeting the challenge of the changing business world.</p><p
style="padding-left: 30px;">You can ensure you are a survivor by understanding what it takes to build, manage and work in a home office and by getting into the wired state of mind.</p><ul><li><strong>A Generational Battle For Economic Control and Survival Is Upon Us</strong></li></ul><p
style="padding-left: 30px;">It won’t be easy. Our economic systems are increasingly characterized by baby boomers and the older generation, comfortable in their unchanging ways and who are now faced with a new, wired and technically sophisticated Generation-X. Increasingly, economic survival is dependent upon mastery of technology, and it should be obvious who has the upper hand in this game!</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/careers-end-cnns-cluelessness-on-the-jobless-recovery/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Kids today: 53 hours each week in front of a screen!</title><link>http://www.jimcarroll.com/2010/06/kids-today-53-hours-each-week-in-front-of-a-screen/</link> <comments>http://www.jimcarroll.com/2010/06/kids-today-53-hours-each-week-in-front-of-a-screen/#comments</comments> <pubDate>Tue, 08 Jun 2010 10:41:57 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Gen-Y & Gen-Connect]]></category> <category><![CDATA[Innovation Stories]]></category> <category><![CDATA[connectivity]]></category> <category><![CDATA[Gen-connect]]></category> <category><![CDATA[Gen-Y]]></category> <category><![CDATA[Video clips]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5576</guid> <description><![CDATA[Kids today spend some 7.5 hours a day engaged with some type of media; with with multitasking, that&#8217;s 11 hours of screen time per day, or almost  53 hours a week, according to the Kaiser Family Foundation! That&#8217;s more than a full time job, and more time than their parents spend at work. Here&#8217;s a video clip [...]]]></description> <content:encoded><![CDATA[<p>Kids today spend some 7.5 hours a day engaged with some type of media; with with multitasking, that&#8217;s 11 hours of screen time per day, or almost  53 hours a week, according to the Kaiser Family Foundation!</p><p>That&#8217;s more than a full time job, and more time than their parents spend at work.</p><p>Here&#8217;s a video clip where Jim was the opening keynote speaker for the 2010 US Navy, Air Force &amp; Marine Child Youth Program Conference in Dallas, Texas, putting these numbers into perspective and speaking to the new realities in providing support services today</p><p
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type="application/x-shockwave-flash" width="480" height="385" src="http://www.youtube.com/v/wkJIlPys4r8&amp;hl=en_US&amp;fs=1&amp;" allowscriptaccess="always" allowfullscreen="true"></embed></object></p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/kids-today-53-hours-each-week-in-front-of-a-screen/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Article: Learning for a living</title><link>http://www.jimcarroll.com/2010/06/article-learning-for-a-living/</link> <comments>http://www.jimcarroll.com/2010/06/article-learning-for-a-living/#comments</comments> <pubDate>Mon, 07 Jun 2010 13:35:25 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Articles]]></category> <category><![CDATA[careers]]></category> <category><![CDATA[education]]></category> <category><![CDATA[governance]]></category> <category><![CDATA[knowledge]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5570</guid> <description><![CDATA[Here&#8217;s my June CAMagazine column, about a new initiative that I have underway in my life. Learning for a living by Jim Carroll, CAMagazine, June 2010 So what does a CA who has evolved into a global futurist do for his next gig? Go back to school, of course. It’s truly become an unusual job [...]]]></description> <content:encoded><![CDATA[<p>Here&#8217;s my June CAMagazine column, about a new initiative that I have underway in my life.<br
/> <a
href="http://media.jimcarroll.com/wp-content/uploads/2010/06/iStock_000000843258XSmall.jpg"><img
class="alignright size-medium wp-image-5571" title="iStock_000000843258XSmall" src="http://media.jimcarroll.com/wp-content/uploads/2010/06/iStock_000000843258XSmall-300x199.jpg" alt="" width="300" height="199" /></a></p><p><strong><em>Learning for a living<br
/> by Jim Carroll, CAMagazine, June 2010</em></strong></p><p>So what does a CA who has evolved into a global futurist do for his next gig? Go back to school, of course.</p><p>It’s truly become an unusual job I’ve taken on over the past decade. At this point, I travel about 100,000 miles a year, speaking at 50 to 60 conferences or leadership meetings all over the world.</p><p>It’s a very odd feeling, standing backstage at the Theatre for the Performing Arts at Planet Hollywood in Las Vegas, about to go out and speak to 4,000 people. I can’t help but wonder, as an accountant, how did I ever get here?<span
id="more-5570"></span></p><p>I got here, I suppose, by somehow combining the inherent skills that any CA possesses in quickly sizing up business strategy issues and the ability to cut through the clutter to provide concrete guidance on strategies that should be pursued. Albeit, in my case, in a very different way.</p><p>And even as I ask myself that question backstage, I find myself wondering, what do I do next? I certainly don’t see myself keeping up the same pace of travel, yet I can see a natural transition in my role.</p><p>Over the past several years, I’ve been engaged by an in-creasing number of global Fortune 1,000 organizations to help them understand the trends that are going to impact them in the future and the innovation strategies they need to adopt to ensure they can keep up with fast-paced change. In other words, providing high-level guidance on strategic issues. So why not do that as a board member?</p><p>That’s why I’m now a student in the Directors Education Program, jointly developed by the Rotman School of Management, University of Toronto and the Institute of Corporate Directors. I’m learning the intricacies of being an effective director, acquiring new knowledge and upgrading some older knowledge (for example, much of what I know about financial disclosure needs to be re-placed, since I wrote the UFE more than 25 years ago).</p><p>Going down this path fits into one of the key career trends I speak about onstage, that learning is what most adults will do for a living in the 21st century. Another trend I’ve been talking about for years is that most adults will have four or five different careers throughout their lifetime. I certainly don’t want my knowledge to stagnate, and hence, it was an easy decision to get back to the books.</p><p>Where will it lead me? I believe the process of corporate governance is going to undergo significant change in the next decade. I’m already in a role where I provide unique insight to a senior management team to help shape the strategic direction of the organization. As boards focus more on the future and less on the compliance issues of the past, there is a natural progression in terms of my role.</p><p>This line of thinking is borne out by an increasing number of discussions around the topic. For example, the folks at BoardSource, an organization actively involved in providing governance guidance to the nonprofit sector, noted in a recent article that <em>“transformative governance means engaging in breakthrough thinking that embraces emerging trends and developments and asking the question, ‘</em><em>What does this mean for governance</em>?’” And the Harvard Business School touched on the issue in an article, challenging readers about the role of an audit committee with the question, “<em>An organization’s books may be in order, but its performance may be going down the tubes. What’s to be done</em>?”</p><p>What’s to be done is that corporate and not-for-profit boards take a more active role in linking future trends to the strategy pursued by the organization. Since I already seem to be doing that, I think this should be a fascinating next step in my truly odd career.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/article-learning-for-a-living/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Video : What do innovative organizations do?</title><link>http://www.jimcarroll.com/2010/06/video-what-do-innovative-organizations/</link> <comments>http://www.jimcarroll.com/2010/06/video-what-do-innovative-organizations/#comments</comments> <pubDate>Fri, 04 Jun 2010 12:55:24 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Faster]]></category> <category><![CDATA[How to Innovate]]></category> <category><![CDATA[How to be innovative]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Strategy]]></category> <category><![CDATA[Videos]]></category> <category><![CDATA[accelerated innovation]]></category> <category><![CDATA[faster time to market]]></category> <category><![CDATA[heroes]]></category> <category><![CDATA[Leadership]]></category> <category><![CDATA[video]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5555</guid> <description><![CDATA[What do innovative organizations do? They re-orient themselves for an economy in which their ability to react to fast paced change will increasingly define their success. In this clip, Jim Carroll outlines for an audience of several thousand the key attributes of today&#8217;s innovation heroes: In essence, these organizations concentrate upon: an accelerated innovation cycle [...]]]></description> <content:encoded><![CDATA[<p>What do innovative organizations do? They re-orient themselves for an economy in which their ability to react to fast paced change will increasingly define their success.</p><p>In this clip, Jim Carroll outlines for an audience of several thousand the key attributes of today&#8217;s innovation heroes:</p><p
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style="text-align: center;"><p>In essence, these organizations concentrate upon:</p><ul><li>an accelerated innovation cycle</li><li>the rapid ingestion of new technologies / methodologies</li><li>faster time to market</li><li>rapid re-focusing of resources to deal with new opportunity or threat</li><li>a rabid focus on operational excellence</li><li>a  rapid response to volatility</li><li>and a re-orientation to fast paced consumer and brand perception</li></ul><p>Jim has studied the innovation attitudes of hundreds of global organizations, and has carefully come to define what it is that allows some organizations to achieve stunning levels of innovation success, while others become innovation laggards. These attributes are a good part of the defining characteristics for success.</p><p>What do you think?</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/06/video-what-do-innovative-organizations/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Business velocity and &#8220;things from the olden days&#8221;</title><link>http://www.jimcarroll.com/2010/06/business-velocity-and-things-from-the-olden-days/</link> <comments>http://www.jimcarroll.com/2010/06/business-velocity-and-things-from-the-olden-days/#comments</comments> <pubDate>Thu, 03 Jun 2010 11:17:54 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Change]]></category> <category><![CDATA[Change!]]></category> <category><![CDATA[Video clips]]></category> <category><![CDATA[Faster]]></category> <category><![CDATA[video]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5447</guid> <description><![CDATA[Way back from about 1999 to 2005, I would often talk on stage about &#8220;things from the olden days.&#8221; It was a story that reflected how my young sons, from the ages of 3 &#38; 5, saw certain things around the house as something completely ancient &#8212; when just a few years previous, they had [...]]]></description> <content:encoded><![CDATA[<p>Way back from about 1999 to 2005, I would often talk on stage about &#8220;things from the olden days.&#8221; It was a story that reflected how my young sons, from the ages of 3 &amp; 5, saw certain things around the house as something completely ancient &#8212; when just a few years previous, they had been a part of my life.</p><p>Earlier this year, I keynoted the joint US Navy, Air Force, &amp; 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.</p><p>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&#8217;ll find that an ever greater number of things are becoming things from the olden days, and it&#8217;s occurring at a faster rate.</p><p
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isPermaLink="false">http://www.jimcarroll.com/?p=5408</guid> <description><![CDATA[Ask yourself this question: do you work in an organization that just simply doesn&#8217;t get it? Who is oblivious, blind, completely unaware of just how much business model change is occurring out there? Here&#8217;s the thing &#8212; there are three types of people in the world: those who make things happen those who watch things [...]]]></description> <content:encoded><![CDATA[<p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/iStock_000000332116XSmall.jpg"><img
class="alignright size-medium wp-image-5416" title="iStock_000000332116XSmall" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/iStock_000000332116XSmall-300x199.jpg" alt="" width="300" height="199" /></a>Ask yourself this question: do you work in an organization that just simply doesn&#8217;t get it? Who is oblivious, blind, completely unaware of just how much business model change is occurring out there?</p><p>Here&#8217;s the thing &#8212; there are three types of people in the world:</p><ul><li>those who make things happen</li><li>those who watch things happen</li><li>and those who say, “what happened?”</li></ul><p>I&#8217;ve often pointed this out on stage, and have emphasized the point, by suggesting that  the folks who find themselves last on the list sit back and say, &#8220;whoah, dude, what happened? Where&#8217;d that come from?&#8221;</p><p>In other words, they&#8217;ve been completely blind to the trend which would cause massive upheaval within their industry, or refuse to accept the significant business model disruptions which are already occurring.</p><p>Guess what &#8212; it&#8217;s happening right now as a lot of financial institutions don&#8217;t realize just how quickly mobile technology is g<a
href="/2010/01/location-intelligence-financial-industries-and-business-model-change/">oing to change everything</a> in the consumer financial services industry! Or in countless other industries where the blindness of current market leaders is leading them to their own &#8220;whoah, dude&#8221; moment.</p><p><span
id="more-5408"></span>So let&#8217;s make it simple: when it comes to innovation, make sure that you are in the first camp!</p><p>What should you do if you make that conscious decision, and are trying to steer your organization into the future?</p><ul><li><strong>turn forward!</strong> establish an overall organizational culture in which everyone is firmly focused on the future while managing the present.</li><li><strong>change the focus</strong>: make sure that you link the corporate mission of today to the major trends and developments that will influence the organization through the coming years;</li><li><strong>pursue speed</strong>: use a leadership style that encourages a culture of agility and allows for a rapid response to sudden change in products, markets, competitive challenges and other business, technological and workplace trends;</li><li><strong>watch more stuff</strong>: establish and encourage an organization-wide “trends radar” in which all staff keep a keen eye on the developments that will affect the organization in the future;</li><li><strong>share more</strong>: make sure that you&#8217;ve got a culture of collaboration in which everyone is prepared to share their insight, observations and recommendations with respect to future trends, threats and opportunities;</li><li><strong>change responsibilities</strong>: ensure that staff are regularly encouraged to not only deal with the unique and ongoing challenges of today, but are open and responsive to the new challenges yet to come;</li><li><strong>t</strong><strong>ake risks</strong>: you won&#8217;t get anywhere if you don&#8217;t make sure that are encouraged to turn future challenges into opportunities, rather than viewing change as a threat to be feared.</li></ul><p>I continue to be stunned by how many organizations today continue to be caught flat-footed by the pace of rapid trends that impact them. It seems like it should be so simple to avoid this. Yet there likely still lots of &#8220;whoah, dude&#8221; dudes out there.</p><ul><div><span
style="font-family: 'Times New Roman', 'Times New Roman', 'Bitstream Charter', Times, serif; font-size: small;"><br
/> </span></div></ul> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/whoah-dude-what-happened/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Innovation: &#8220;We need to suck less!&#8221;</title><link>http://www.jimcarroll.com/2010/05/innovation-we-need-to-suck-less/</link> <comments>http://www.jimcarroll.com/2010/05/innovation-we-need-to-suck-less/#comments</comments> <pubDate>Wed, 26 May 2010 19:53:16 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[How to be innovative]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Leadership]]></category> <category><![CDATA[CEO]]></category> <category><![CDATA[Keynotes]]></category> <category><![CDATA[Strategy]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5396</guid> <description><![CDATA[I&#8217;ll often be lined up for a conversation with the CEO of a client organization when I&#8217;m preparing for a private client CEO leadership/innovation keynote. It&#8217;s part of a careful diplomatic dance. They want to ensure that the framework of my keynote addresses the key issues and challenges that they need to address to ensure [...]]]></description> <content:encoded><![CDATA[<p>I&#8217;ll often be lined up for a conversation with the CEO of a client organization when I&#8217;m preparing for a private client CEO leadership/innovation keynote.</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/iStock_000008266083XSmall.jpg"><img
class="size-full wp-image-5399 alignright" title="iStock_000008266083XSmall" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/iStock_000008266083XSmall.jpg" alt="" width="414" height="290" /></a>It&#8217;s part of a careful diplomatic dance. They want to ensure that the framework of my keynote addresses the key issues and challenges that they need to address to ensure that they can become a high velocity innovation hero. I often work with them to help them understand the unique innovation perspective I am bringing into the room.</p><p>During the conversation, I often prepare a summary list of the issues that they put on the table that I&#8217;ll use in preparing my talk.</p><p>I&#8217;ve got dozens of scribbled notes from such conversations. Here&#8217;s one that I just came across for an event over a year ago; the CEO of this Fortune 1000 organization (obviously, not named) outlined some of the key themes that I needed to address. As he put it, &#8220;we need to:&#8221;</p><ul><li><strong>increase our bench strength</strong>. We don&#8217;t seem to have the right skills and the right capabilities at the right time for the right purpose. We need to get better at our skills mix and agility if we are to max out our creative capabilities.</li><li><strong>institutionalize learning. </strong>We tend to fall behind and miss opportunities because our people don&#8217;t know enough about what is going on &#8220;out there&#8221;</li><li><strong>grow high value customer relationships</strong>. We could get much better in solving customers problems before they know they have a problem. If we could do that, we could extend existing revenue faster.</li><li><strong>accelerate product innovatio</strong><strong>n. </strong>We&#8217;re slow. By the time we get to market, our competitor has already been there. We need to speed things up.</li><li><strong>have a better talent pipeline. </strong>We&#8217;ve got a lot of &#8220;dead wood&#8221; lying around, performing a lot of tactical, non-strategic work. We need to ensure that we are developing/ingesting new talent faster, for the faster emergence of new issues.</li><li><strong>reduce our structural costs through collaboration</strong>. Simply put, there is simply too much duplication of effort. It&#8217;s the era of social networks; why can&#8217;t we be &#8220;social&#8221; internally?</li><li><strong>suck less</strong>. There&#8217;s still huge opportunity to reduce product costs through process innovation and better project execution. (Yes, he did use this phrase)</li><li><strong>scale faster</strong>. We really, really need to get better at identifying and capturing growth markets.</li><li><strong>plug knowledge gap</strong><strong>s</strong>. There&#8217;s lots to learn about things we don&#8217;t know about. We need to invest more in risk oriented projects. We have to fail faster.</li></ul><p>What&#8217;s fascinating about these conversations is that the CEO knows the challenges that need to be addressed, and is confiding in me those concerns; my role is helping to build a message for the team as to what they really need to do to become high velocity innovation hero&#8217;s.</p><p>The simple list above &#8212; and this is but one of dozens of such summaries &#8212; gives a bit of insight into how you can take innovation beyond simple product oriented innovation.</p><p>Remember &#8211; innovation is all about answering the questions: &#8220;What can I do to run this business better? What can I do to grow this business? And what can I do to transform the business!&#8221;</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/innovation-we-need-to-suck-less/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Trend: Short, sharp shocks of strategic insight</title><link>http://www.jimcarroll.com/2010/05/trend-short-sharp-shocks-of-strategic-insight/</link> <comments>http://www.jimcarroll.com/2010/05/trend-short-sharp-shocks-of-strategic-insight/#comments</comments> <pubDate>Wed, 26 May 2010 11:42:47 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Associations]]></category> <category><![CDATA[Blog]]></category> <category><![CDATA[Economic recovery]]></category> <category><![CDATA[Global economy]]></category> <category><![CDATA["meetings industry"]]></category> <category><![CDATA[associations]]></category> <category><![CDATA[business]]></category> <category><![CDATA[Leadership]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5380</guid> <description><![CDATA[I was in Baltimore last week, where I was the opening keynote speaker for the 2010 Passkey Corporate Housing Forum. Passkey is a company that provides software for the corporate and association event management industry; in attendance were meeting planners, executive who manage corporate functions for hotels, and a lot of folks from various convention [...]]]></description> <content:encoded><![CDATA[<p>I was in Baltimore last week, where I was the opening keynote speaker for the 2010 Passkey Corporate Housing Forum.</p><p>Passkey is a company that provides software for the corporate and association event management industry; in attendance were meeting planners, executive who manage corporate functions for hotels, and a lot of folks from various convention and visitors bureaus. My goal was to speak about the trends impacting the meetings and events industry, such as found in  my recent article, <a
href="/2010/03/does-your-future-suck-my-new-article-on-meetingsevents-industry/" target="_blank">Does Your Future Suck</a>?</p><p>I ran a quick text message poll at the start to find out what these folks see as the big challenges they are faced with.</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/PasskeyMay2010.png"><img
class="alignleft size-full wp-image-5381" title="PasskeyMay2010" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/PasskeyMay2010.png" alt="" width="550" height="358" /></a></p><p>There are some obvious issues : budget cutbacks, organizations beginning to explore more virtual event technologies, or challenges with delegates bypassing conference facilities and booking on their own (&#8216;booking outside the room block&#8217;).</p><p>But what is most fascinating is that fully 1/3 of those in the room felt that the biggest challenge / trend that they are seeing is that more organizations &#8212; particularly corporations &#8212; are organizing more strategic meetings at the last moment, of a smaller scale than before.</p><p>That&#8217;s certainly what I&#8217;ve been seeing: I continue to get bookings for a significant number of small, CEO or senior management level strategic planning meetings. These folks want to bring their team together to discuss innovation, future trends and key strategies for exploring growth opportunities.</p><p>I&#8217;ve framed many of these talks around the theme of <a
href="/2010/01/what-do-world-class-innovators-do-that-others-dont-do/" target="_blank">What Do World Class Innovators Do That Other Organizations Don&#8217;t Do?</a>, which is a theme that has been quite popular since January of this year.</p><p>In my talk for PassKey, I noted two key statistics from Dana Communications, a company that specializes in the events industry:</p><ul><li>only 17% of meeting planners have “meeting planner” in their job titles</li><li>less than 20% of meeting planners spend over 50% of their work time planning meetings</li></ul><p>This echoes my experience: many of the calls that I get exploring my services are from a senior executive, or the executive assistant to an executive.</p><p>Clearly, organizations are of a mindset that is focused on taking them out of a recession, and into a world of exploring future opportunities. The fact that event planners, CVB&#8217;s and hotel event managers are seeing the same trend is a significant sign that the economy continues to bounce back.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/trend-short-sharp-shocks-of-strategic-insight/feed/</wfw:commentRss> <slash:comments>3</slash:comments> </item> <item><title>Article: &#8220;Re-energize your association!&#8221;</title><link>http://www.jimcarroll.com/2010/05/re-energize-association/</link> <comments>http://www.jimcarroll.com/2010/05/re-energize-association/#comments</comments> <pubDate>Tue, 25 May 2010 16:39:45 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Associations]]></category> <category><![CDATA[associations]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5374</guid> <description><![CDATA[by Jim Carroll From: The Boardroom, a publication for Association Executives Every association executive is regularly inundated with information on the leadership skills they must need to properly guide their association into the future. As someone who spends a lot of time talking, writing and speaking about trends and innovation, and who is constantly taking a [...]]]></description> <content:encoded><![CDATA[<p><em>by Jim Carroll<br
/> From: The Boardroom, a publication for Association Executives</em></p><p>Every association executive is regularly inundated with information on the leadership skills they must need to properly guide their association into the future. As someone who spends a lot of time talking, writing and speaking about trends and innovation, and who is constantly taking a look at where we are going in the future, I have my own list that might be rather different from some of the others that you&#8217;ve heard.</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/iStock_000007071705XSmall.jpg"><img
class="size-full wp-image-5375 alignright" title="iStock_000007071705XSmall" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/iStock_000007071705XSmall.jpg" alt="" width="400" height="300" /></a>Here&#8217;s what I think you should do to ensure you know the issues that will affect your association.</p><p><strong>1. Listen to the grassroots</strong></p><p>With the rapid rate of change within every industry, trade and profession, it can be extremely difficult to keep up with what&#8217;s important and what&#8217;s not, not to mention keeping on top of the trends, challenges and opportunities that should be guiding your activities and strategies. There might be plenty going on within your member organizations, as they wrestle with new business strategies, rapidly evolving business models, heightened market competition, ever growing volumes of research and knowledge, and countless other challenges.</p><p>To be effective at what you do, you must keep on top of these trends, and determine how to adjust your activities and strategies accordingly so you are continually meeting your members’ needs. That&#8217;s why 21st century association executives should focus on building a strong collaborative culture with their membership base, using both leading edge tools and technology as well as ensuring they have a heightened degree of informal, personal contact.</p><p>Take the time to engender and build an informal, &#8220;open-door&#8221; culture that promotes regular and ongoing contact by your membership base, whether that be by e-mail, telephone or in person. Encourage feedback, complaints and observations, as well as a culture that provides for sharing of leading edge trends, challenges and opportunities.</p><p><strong><span
id="more-5374"></span>2. Listen beyond the grassroots</strong></p><p>You can&#8217;t listen only to your membership to spot the trends that will affect your association &#8212; you have to go beyond them and listen to what others are saying as well.</p><p>That&#8217;s why figuring out the future is no longer restricted to listening to the &#8220;usual suspects&#8221; within your association membership base &#8212; 21st century leaders recognize that everything in their industry or professional association base is being affected by events, trends and developments far beyond the norm.</p><p>The problem for any association executive is that it is all too easy to become isolated and focused on the issues of the day &#8211; the management issues and all the fine details that come with running a major organization. There&#8217;s so much going on within your industry or profession that there can be precious little time to come up for air and simply see or &#8220;think&#8221; through what is going on elsewhere.&#8221;</p><p>And yet, taking the time to listen &#8220;outside of the box&#8221; can be one of the most important things you can do. That&#8217;s why you shouldn&#8217;t just &#8220;think&#8221; outside of the box &#8211; but you should on a regular basis &#8220;step&#8221; outside of it. One way of doing this is by ensuring that you take the time to place yourself in completely different circumstances. Pick 2 or 3 conferences each year &#8211; in completely unrelated, different industries or professional that are far beyond your membership base. Go and listen &#8211; and see what another industry is saying!</p><p>That&#8217;s but one example &#8211; you can also subscribe to professional publications from other associations. Grab your copy of the national association directory, and pick a few associations at random &#8211; and sign up for their magazines, publications or newsletters.</p><p>You might be surprised by how invigorating an experience it can be to open up your mind to what is going on elsewhere. You may find that it will help you discover the trends that will affect you in the future, long before your traditional trends radar might have picked them up.</p><p><strong>3. Listen to the rebels</strong></p><p>Often, the trends that will affect your association and members can be found in the offbeat chatter by those who are busy redeveloping the future right around them.</p><p>Those leading edge trendsetters are often at odds with the typical association member. They&#8217;re the rebels in the crowd, eager to cast off the past to develop a future that will be very, very different. They&#8217;re busy tearing apart the conventional business models that have guided your members for ages; they have different ideas as to the nature of the product or service that is delivered; they are all too eager to change everything around them to create the future as they see fit. They are often marginalized, simply because their aggressive attitude in changing the future can make them rather unlikable by many.</p><p>What should you do? Learn to learn from them! Seek out the rebels in your membership base &#8211; you might not like what they have to say, but often, they are probably right in what they will tell you. Great leaders recognize that while many people have an attitude, outlook, culture and approach to life and business that is completely at odds with their perspective &#8211; they are willing to listen to what they say because change often emanates from such people.</p><p><strong>4. Maintain a willingness to do a right turn</strong></p><p>There&#8217;s no doubt that things change very rapidly in our world today.</p><p>Need evidence? A year ago, the guilt trip that you have when eating a Big Mac isn&#8217;t quite what it is today. Within the space of but a year, we&#8217;ve had a major issue &#8211; our obese society &#8211; bubble up, come to the forefront and gain front-runner status as a key  trend and issue to be managed.</p><p>The result is that many associations within the food, health care, agricultural and other communities are now scrambling to deal with the new focus on &#8220;healthy living&#8221; and &#8220;healthy eating&#8221;. The issue has the potential to become a major topic within your events and conferences; and a topic within your publications. That&#8217;s but one example &#8211; many other such issues can quickly go super-nova (i.e. SARS), so you&#8217;ve must have the ability to suddenly refocus yourself, and your association, to deal with new realities as soon as they emerge.</p><p><strong>5. Continually reinvent relevance</strong></p><p>Most association members &#8211; regardless of what type of group you might represent &#8211; live in a state of relentless shell-shock.</p><p>If they are in the business world, they&#8217;re witnessing ongoing market disruption, regular business model change, consumer revolt and empowerment, heightened competition and constant new demands on their time. In the public sector, they are subject to decreasing budgets, increased public expectations, political turmoil, departmental and role transformation, and ever more challenging management issues.</p><p>The result is that on a daily basis, they&#8217;re in crisis mode, and are having to constantly reassess their plans, careers, goals and activities. With so much change going on, it’s critical that your association continues to provide services, value and activities that match their regular new realities.That&#8217;s why you should ensure that you are constantly and regularly assessing and reinventing the relevance of your association to the membership base. Are you delivering what they need, at the right time, in the right way? Are you on top of all the emerging issues affecting your members so you can change what you are doing to ensure you are helping them? Do you continually reassess your roles and your strategies so you are delivering value, not routine?</p><p><strong>6. Redefine your membership</strong></p><p>Part of the process of reinventing your relevance consists of making the effort to reach out to new members who exist within your association market, but in a completely unconventional way.</p><p>Many people in our economy today don&#8217;t work within the traditional corporate model that has defined your association base in the past. For example, many young workers continue to reject the traditional career path of long term careers with large organizations. Instead, they establish themselves in small, micro-organizations that provide needed skills to a corporate audience regardless of where they might be. Are you reaching them with your efforts?</p><p>Then there are nomadic workers &#8211; those white collar workers who were laid off in the last 10 years through a variety of recessions &#8211; and who have established small, home-based businesses from which they provide their skills to a global audience. They&#8217;re working within your community of interest, but are they a part of your strategic plan?</p><p>Step back and consider where all of your members might exist today, and ensure that you change your strategies, activities and capabilities so that you reaching out to all of them.</p><p><strong>7. Adjust for hypercompetition</strong></p><p>Many associations are responsible for setting educational, professional and membership standards, and spend considerable time ensuring the value of the service or skill provided by their members is properly recognized for the value provided.</p><p>Get ready for a new challenge &#8211; that which comes from &#8220;offshoring,&#8221; a trend that is picking up a speed that is simply stunning. In the first wave of offshoring, we saw simple manufacturing such as toys and shoes migrate to third world countries. Then, the second phase saw simple clerical and service work move away (such as the processing of credit card receipts). But now, we are seeing actual &#8220;knowledge work&#8221; move, a trend that will provide every association with significant challenge in the years to come.</p><p>The high-paying, highly professional jobs are now moving offshore. A recent Deloitte &amp; Touche study suggested that upwards of $356 billion in American wages &#8211; or more than 2 million jobs &#8211; will move offshore in the next several years. What impact might this have on your members, as they see less demand for their skills as a result of competition from a highly knowledgeable offshore workforce?</p><p>That&#8217;s a loaded question &#8211; and it&#8217;s easy to realize the complexity of the challenge when you consider a one square block area in Bangalore, India, a hotbed of the offshore trend. Consider these 4 companies: GreenPoint Mortgage of Novato, CA has moved their home loans processing to one company located there; the Massachusetts General Hospital has engaged a number of radiologists to examine CT scans; Texas Instruments has a number of engineers working on chip design; the Bank of America has moved some of their software development to this location. Each of these situations would have an impact on the members of associations in a variety of industries and professions.</p><p>Those are the people who are going to have a major impact on your association members in the not-too-distant future. We are now seeing the emergence of a global skills marketplace, in which highly talented professional workers can provide services of almost any type. The result is that professionals &#8211; lawyers, accountants, consultants, medical technicians, will now find themselves faced with an increasing degree of skills competition.</p><p>Begin thinking and planning now as to the reality of this important business trend, and undertake a plan of action that will help your members to survive and thrive into the future as hypercompetition takes hold.</p><p><strong>8. Seek offbeat solutions to difficult problems</strong></p><p>hen a food manufacturer was trying to find out how to improve the changeover time of one of their assembly lines, they hit upon a novel solution: bring in an Indy race pit crew to show them how. Their thinking was, who has better mastered the talent of &#8220;quick- thinking, quick work&#8221; than a group of people who can instantly change several tires in a highly coordinated team effort that lasts only a few seconds? It was an offbeat solution, but it certainly did the trick.</p><p>That&#8217;s why you should keep an eye out for the quirky, innovative, unusual things occurring within your association and other associations.</p><p><strong>9. Kill indecision</strong></p><p>There is no doubt that every association has suffered from rather aggressive indecision through the last several years, brought on by war, terror, a challenged economy, and much uncertainty.</p><p>The impact has been dramatic &#8211; many associations just can&#8217;t seem to make decisions about many matters of the day. I certainly see this as a speaker &#8211; while I used to be regularly booked as far as a year in advance, now some organizations are booking me just a few weeks before their conference or event. Why? Because uncertainty has led to a degree of decision stagnation.</p><p>Pummel this trend to the ground before it goes any further. Make sure your association continues to run by timelines, deadlines and clear goals and objective. Carefully ensure that your culture provides for regular decision making, not deferral and discussion. There are quite a few issues you are probably wrestling with, and maybe some of them have been around for far too long.</p><p>What should you do? Encouraging risk taking is one method of ending complacency, as is rewarding failure. If your members or association board can&#8217;t make decisions, then a bit of a cultural change is probably necessary!</p><p><strong>10. Restore your sense of passion and purpose</strong></p><p>Last but not least, get excited about the future again!</p><p>There have been so many challenges through the last few years with recession, war, terrorism and other problems, that many people in the business community have lost their sense of purpose and their passion for the future.</p><p>The key message for you and your membership base is &#8211; get over it! We&#8217;re in for a bright and wonderful future, and it&#8217;s by getting excited about the future again that you can best prepare and plan for it.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/re-energize-association/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Coping with Ketchup: Innovating in a Fast World!</title><link>http://www.jimcarroll.com/2010/05/coping-with-ketchup-innovating-in-a-fast-world/</link> <comments>http://www.jimcarroll.com/2010/05/coping-with-ketchup-innovating-in-a-fast-world/#comments</comments> <pubDate>Wed, 19 May 2010 11:09:19 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Articles]]></category> <category><![CDATA[Change]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5356</guid> <description><![CDATA[Today, I&#8217;m speaking at a leadership meeting for HJ Heinz in Pittsburgh. I wrote this article in 2003, and thought it appropriate to make it available once again! Coping with Ketchup, by Jim Carroll Globe &#38; Mail, September 2003 Go on, admit it: You still set the &#8220;upside down&#8221; ketchup bottle down cap up. You&#8217;re [...]]]></description> <content:encoded><![CDATA[<p>Today, I&#8217;m speaking at a leadership meeting for HJ Heinz in Pittsburgh. I wrote this article in 2003, and thought it appropriate to make it available once again!</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/Heinz_Ketchup.jpg"><img
class="size-medium wp-image-5357 alignright" title="Heinz_Ketchup" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/Heinz_Ketchup-156x300.jpg" alt="" width="156" height="300" /></a><strong>Coping with Ketchup, by Jim Carroll<br
/> <em>Globe &amp; Mail,</em> September 2003 </strong></p><p>Go on, admit it: You still set the &#8220;upside down&#8221; ketchup bottle down cap up.</p><p>You&#8217;re not alone. Lots of people &#8212; adults mostly &#8212; automatically turn the bottle so the white cap is at the top &#8212; even though it&#8217;s been almost a year since Heinz started to offer the new bottle. It&#8217;s a pretty good example that when change comes about, there are plenty of people who struggle to adapt.</p><p><span
id="more-5356"></span>Of course, we can all be forgiven for an inability to cope with ketchup bottle change because it involves instinct and ingrained behaviour.</p><p>It&#8217;s when we can&#8217;t deal with other kind of change &#8212; things that you have to control and adapt to &#8212; that things go wrong.</p><p>The problem is, we live in a time that involves a rapid rate of change. Just take a look around. Technology continues to invade our workplaces, resulting in massive change to day-to-day business processes and procedures. The customers and marketplace have changed, with so much new competition that the idea of &#8220;captive consumers&#8221; and &#8220;guaranteed revenue streams&#8221; has gone by the wayside.</p><p>New products come and go at an increasing and often infuriating pace as innovation comes to take hold in many organizations. Mergers, breakups, reorganizations and restructuring result in an almost constant shuffling of job and career responsibilities.</p><p>In times like these, you can guarantee yourself that there will be much more new in your life tomorrow than just a different ketchup bottle.</p><p>Yet the issue of change continues to be a big problem for organizations, because so many people find it difficult &#8212; or simply don&#8217;t want &#8212; to cope.</p><p>The implications are huge: Projects get bogged down or fail. Tension and workplace stress rise. Misguided strategies are introduced and ill-founded rumours fly. All the classic signs of an organization full of people who aren&#8217;t prepared to cope with change.</p><p>If you are dealing with these realities &#8212; either as an individual seeking to enhance your career, or as an executive responsible for taking your organization forward &#8212; there are a few ways out:</p><ul><li><strong>Get into the right frame of mind</strong></li></ul><p
style="padding-left: 30px;">Years ago, the Pogo comic strip featured a panel in which he observed: &#8220;<em>We is faced with insurmountable opportunities</em>.&#8221; Rather than seeing change as a threat, take a look for the opportunity that might exist within any type of change.</p><p
style="padding-left: 30px;">The wrong frame of mind is illustrated in a comment by Ogden Nash: &#8220;<em>Progress is great but it has gone on far too long</em>.&#8221; If that is the way you react to new technologies and new ways of working, then you are almost making it certain that you&#8217;ll battle progress &#8212; and as soon as you do, you&#8217;ll be setting yourself back.</p><p><strong> </strong></p><p><strong> </strong></p><p><strong> </strong></p><ul><li><strong>Get rid of your &#8216;not-my&#8217; barriers</strong></li></ul><p><strong> </strong></p><p
style="padding-left: 30px;">Many people and corporate cultures react to any type of change, particularly those involving business or workplace processes or corporate structure, by erecting as many barriers as they can.</p><p
style="padding-left: 30px;">Immediately, the refrain starts &#8212; it is &#8220;<em>not my department  / responsibility / job / area of expertise / problem / day!</em>&#8220;</p><p
style="padding-left: 30px;">Putting up such barriers almost guarantees that you&#8217;ll let the change get the worst of you. Rather than trying to avoid something, seek to take an active role. That way, you&#8217;ll guarantee yourself a learning experience, develop new skills and capabilities, and ensure that you take an active and healthy role in helping to ensure that the specific type of change is successful.</p><p
style="padding-left: 30px;"><strong>Don&#8217;t deny change</strong></p><p
style="padding-left: 30px;">Accept the inevitability of change. Like it or not, things will be different tomorrow. There&#8217;s a statistic that is used by Australia&#8217;s innovation council chairman: 65 per cent of children in pre-school will be employed in roles and jobs that don&#8217;t exist today.</p><p
style="padding-left: 30px;">Believe that, and use it as a barometer for the type of change that is set to occur within every job and career today.</p><p
style="padding-left: 30px;">Banish from the workplace the worst phrase ever to be coined: &#8220;<em>We&#8217;ve always done it that way</em>.&#8221; Well, so what? Maybe that means it&#8217;s ripe for a change. Why not try something new?</p><p
style="padding-left: 30px;">One day, someone at Heinz looked at the same old ketchup bottle they&#8217;d been selling for decades, and asked, &#8220;<em>Why not turn it upside down</em>?&#8221; Can you imagine the reaction &#8212; a likely chorus of naysayers who immediately suggested that it would be impossible, and perhaps downright dumb, to do such a thing. Yet look at the result today &#8212; a practical, sensible new product &#8212; and it is evident that the change was a success.</p><ul><li><strong>Anticipate change</strong></li></ul><p
style="padding-left: 30px;">Establish some type of &#8220;<em>change radar</em>.&#8221; You should always be on the lookout for signs of the forthcoming business and industry change that might affect you. Keep your ears and eyes tuned for any signs that could result in a change in your job or career circumstances. If you learn to identify the signs of impending change, then you can begin to determine what you might need to do to enhance your career skills, any necessary training you might need to take, in addition to gaining insight into some of the new responsibilities and activities that you might be able to undertake.</p><ul><li><strong>Adopt the attitude of kids</strong></li></ul><p
style="padding-left: 30px;">The younger generation today seems to have an ingrained ability to cope with change. They see the ketchup bottle, and say &#8220;Kewww.!&#8221; They&#8217;re accustomed to change &#8212; because they are growing up in the midst of it. To them, change is normal and to be expected.</p><p
style="padding-left: 30px;">Adopt their attitude &#8212; &#8220;<em>change is cool</em>&#8221; &#8212; by turning every situation of change into an opportunity rather than a threat.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/coping-with-ketchup-innovating-in-a-fast-world/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>The big secrets of innovative organizations!</title><link>http://www.jimcarroll.com/2010/05/the-big-secrets-of-innovative-organizations/</link> <comments>http://www.jimcarroll.com/2010/05/the-big-secrets-of-innovative-organizations/#comments</comments> <pubDate>Tue, 18 May 2010 12:31:05 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[How to be innovative]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Strategy]]></category> <category><![CDATA["business model"]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5343</guid> <description><![CDATA[I&#8217;ve been quite priviliged through the years to be able to observe, within my global blue chip client base (which includes clients such as the National Australian Bank; Diners Club; HJ Heinz, General Dynamics / Northrop Grumman Nestle), some of the fascinating innovation strategies that market leaders have pursued. What is it they do? Many of [...]]]></description> <content:encoded><![CDATA[<p>I&#8217;ve been quite priviliged through the years to be able to observe, within my global blue chip client base (which includes clients such as the National Australian Bank; Diners Club; HJ Heinz, General Dynamics / Northrop Grumman Nestle), some of the fascinating innovation strategies that market leaders have pursued.</p><p>What is it they do? Many of them make big, bold decisions that help to frame their innovative thinking and hence, their active strategies. For example, they:<a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/ThinkBig.jpg"><img
class="alignright size-medium wp-image-5347" title="ThinkBig" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/ThinkBig-300x216.jpg" alt="" width="300" height="216" /></a></p><ul><li><strong>make big bet</strong><strong>s</strong>. In many industries, there are big market and industry transformations that are underway. For example, there&#8217;s no doubt that mobile banking is going to be huge, and its going to happen fast with a lot of business model disruption. Innovative financial organizations are willing to make a big bet as to its scope and size, and are innovating at a furious pace to keep up with fast changing technology and even faster evolving customer expectations</li><li><strong>make big transformations</strong>: I&#8217;m dealing with several organizations who realize that structured operational activities that are based on a centuries old style of thinking no longer can take them into a future that will demand more agility, flexibility and ability to react in real time to shifting demand. They&#8217;re pursuing such strategies as building to demand, rather than building to inventory; or pursuing mass customization projects so that they don&#8217;t have to compete in markets based on price.</li><li><strong><span
id="more-5343"></span>undertake big brand reinforcement</strong>: one client, realizing the vast scope and impact of social networking on their brand image, made an across the board decision to boost their overall advertising and marketing spend by 20%, with much of the increase going to online advertising. In addition, a good chunk of existing spending is being diverted as well. Clearly, the organization believes that they need to make bi broad, sweeping moves to keep up to date with the big branding and marketing change that is now underway worldwide.</li><li><strong>anticipate big changes</strong>: there&#8217;s a lot of innovative thinking going on with energy, the environment and health care. Most of the organizations that have had me in for a keynote on the trends that are providing for growth opportunities have a razor sharp focus on these three areas, anticipating the rapid emergence of big opportunities at a very rapid pace.</li><li><strong>pursue big math</strong>: quite a few financial clients are looking at the opportunities for innovation that come from &#8220;<em>competing with analytics</em>,&#8221; which offers new ways of examining risk, understanding markets, and drilling down into customer opportunity in new and different ways.</li><li><strong>focus on big loyalt</strong>y: one client stated their key strategic goal during the downturn this way: &#8220;<em>we&#8217;re going to nail the issue of customer retention, by visiting every single one in the next three months to make sure that they are happy and that their needs are being met</em>.&#8221; Being big on loyalty means working hard to ensure that existing revenue streams stay intact, and are continually enhanced.</li><li><strong>focus on big innovatio</strong>n: one client stated their innovation plan in a simple yet highly motivating phrase: &#8220;<em>t</em><em>hink big, start small, scale fast.</em>&#8221; Their key goal is to build up their experiential capital in new areas by working on more innovation projects than ever before. They want to identify big business opportunities, test their potential, and then learn how to roll out new solutions on a tighter, more compact schedule than ever before.</li><li><strong>thinking big change in scope</strong>. One client became obsessed with the innovation strategy of going <em>&#8220;upside down</em>&#8221; when it came to product development. Rather than pursuing all ideas in house, they opened up their innovation engine to outsiders, looking for more partnership oriented innovation (with suppliers and retailers, for example); open innovation opportunities, and customer-sourced innovation. This lit a fuse under both their speed for innovation as well as their creativity engine</li><li><strong>innovate in a big way locally</strong>: we&#8217;re in a big, global world, but that doesn&#8217;t mean that you can&#8217;t innovate locally. One client in the retail space pursues an innovation strategy that allows for national, coordinated efforts in terms of logistics, merchandising and operations, yet also allows a big degree of freedom when it comes to local advertising, marketing and branding.</li><li><strong>share big ideas</strong>. One association client pursued an innovation that was relentless on community knowledge sharing. They knew if they could build an association culture in which people shared and swapped insight on a regular basis on how to deal with fast changing markets and customers, that they could ensure their members had a leg up and could stay ahead of trends. Collaborative knowledge is a key asset going forward into the future, and there&#8217;s a lot of opportunity for creative, innovative thinking here.</li><li><strong>be big on solving customers problems</strong>. Several clients have adopted an innovation strategy that is based on the theme, &#8220;<em>we&#8217;re busy solving customers problems before they know they have a problem</em>,&#8221; or conversely, &#8220;<em>we&#8217;re providing the customer with a key solution, before the customer knows that they need such a solution</em>.&#8221; That&#8217;s anticipatory innovation, and it&#8217;s a great strategy to pursue.</li><li><strong>align strategies to the big bet</strong><strong>s</strong>. There&#8217;s a lot of organizations out there who are making &#8220;<em>big bets</em>&#8221; and link innovation strategies to those bets. WalMart has bold goals for the elimination of all packaging by a certain date; this is forcing a stunning amount of innovation within the packaging sector. Some restaurants aim to reduce food and packaging waste by a factor of dozens; this is requiring stunning levels of creativity in the kitchen.</li></ul><p>These are but a few examples and the list could go on; the essence of the thinking is that we are in a period of big change, and big opportunity comes from bold thinking and big creativity!</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/the-big-secrets-of-innovative-organizations/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>When Silicon Valley Takes Over Your Innovation Agenda!</title><link>http://www.jimcarroll.com/2010/05/when-silicon-valley-takes-over-your-innovation-agenda/</link> <comments>http://www.jimcarroll.com/2010/05/when-silicon-valley-takes-over-your-innovation-agenda/#comments</comments> <pubDate>Mon, 17 May 2010 15:07:35 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Faster]]></category> <category><![CDATA[Financial]]></category> <category><![CDATA[Future Trends]]></category> <category><![CDATA[Industry]]></category> <category><![CDATA[Major trends]]></category> <category><![CDATA[Trends]]></category> <category><![CDATA[Video clips]]></category> <category><![CDATA["business model"]]></category> <category><![CDATA["consumer products"]]></category> <category><![CDATA["financial services"]]></category> <category><![CDATA["location intelligence"]]></category> <category><![CDATA["mobile phone"]]></category> <category><![CDATA["mobile technology"]]></category> <category><![CDATA["Silicon Valley"]]></category> <category><![CDATA[Strategy]]></category> <category><![CDATA[technology]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5316</guid> <description><![CDATA[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 [...]]]></description> <content:encoded><![CDATA[<p>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.</p><p
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style="text-align: left;">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&#8217;re likely to see every industry &#8212; even beyond financial services &#8212; impacted.</p><p
style="text-align: left;">New business models, disruptive competition, a shift in control, customer churn &#8212; everything is up for grabs once Silicon Valley seizes control and defines your future!</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/when-silicon-valley-takes-over-your-innovation-agenda/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>What&#8217;s your tin can?</title><link>http://www.jimcarroll.com/2010/05/whats-your-tin-can-2/</link> <comments>http://www.jimcarroll.com/2010/05/whats-your-tin-can-2/#comments</comments> <pubDate>Fri, 14 May 2010 14:25:54 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Change]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA["success factors"]]></category> <category><![CDATA[organizations]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=5277</guid> <description><![CDATA[Have you been to your local grocery store as of late? Have you seen the StarKist Tuna plastic re-sealable pouch? That little package – a new product innovation if there ever was one – is responsible for almost $200 million in new revenue since it first hit the shelves. That’s not displaced revenue, but entirely [...]]]></description> <content:encoded><![CDATA[<p>Have you been to your local grocery store as of late? Have you seen the StarKist Tuna plastic re-sealable pouch? That little package – a new product innovation if there ever was one – is responsible for almost $200 million in new revenue since it first hit the shelves.<a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/tuna2.jpg"><img
class="alignright size-full wp-image-5278" title="tuna2" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/tuna2.jpg" alt="" width="414" height="211" /></a></p><p>That’s not displaced revenue, but entirely new revenue that didn’t exist before.</p><p>It’s a big change – and it took a long time to come about. After all, StarKist sold tuna for 110 years in the same old way – in a tin can. Yet they finally managed to come up with something new, and the results are stunning.</p><p>The new tuna pouch is a good segue into what is perhaps one of the most important issues for innovators to deal with – getting people out of their tin-can rut.</p><p><span
id="more-5277"></span>How many people do you know who are stuck in a 110-year old rut? Still delivering a tin-can day in, day out, with no desire to change? Quite a few, I would guess. Maybe not for 110 years, but at least for the last few years.</p><p>After all, a lot of people have lost their motivation to change – the stock market downturn, the housing market collapse, the Wall Street scandals, a new distrust of government. Such constant negativity and so much failure has meant that many people and organizations have lost their innovative spirit. Who wants to try anything new today?</p><p>The result is that many people have lost their drive, their courage to go forward, and their willingness to change. They’re still making tin cans, when new re-sealable pouches could revolutionize who they are and what they do.</p><p>That’s why the StarKist story is so important. Here’s an organization that has somehow shaken away the complacency that enveloped it for over a century. It woke up to the opportunity that comes from real innovation. And the fact is, it’s all part of a reawakening that is underway throughout the food industry, in which &#8212; the package is the brand.&#8221;</p><p>Over the last decade, food and packaging companies have come together in a partnership that redefines how new products are developed. Packaging companies, previously restricted to the sidelines, now take a lead role in the development of new product. Food companies, who used to be the only ones responsible for new products, now realize that if they are willing to open up their minds to a new way of doing things, they can see some darned powerful results.</p><p>Is your organization stuck in a rut? Is your culture representative of an industry that is still making tin cans? If so, what are you doing to try to wake them up? It’s an important question, and with world that continues to evolve at an ever-increasing pace, one that needs to be addressed.</p><p>What&#8217;s your tin-can? Think about it.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/whats-your-tin-can-2/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>10 surefire ways to destroy innovative thinking</title><link>http://www.jimcarroll.com/2010/05/10-ways-to-destroy-innovative-thinking/</link> <comments>http://www.jimcarroll.com/2010/05/10-ways-to-destroy-innovative-thinking/#comments</comments> <pubDate>Wed, 12 May 2010 11:25:28 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Change]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[organizations]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4817</guid> <description><![CDATA[With all the upcoming leadership events and keynotes that I have on my schedule, I&#8217;m on a pretty constant stream of planning conference calls. As I dig into the culture and attitude of a client through interviews with the CEO and other team members, I&#8217;m always mystified to find  that some organizations just seem to [...]]]></description> <content:encoded><![CDATA[<p>With all the upcoming leadership events and keynotes that I have on my schedule, I&#8217;m on a pretty constant stream of planning conference calls.</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/HideInnovation.jpg"><img
class="alignright size-medium wp-image-4822" title="HideInnovation" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/HideInnovation-300x236.jpg" alt="" width="300" height="236" /></a>As I dig into the culture and attitude of a client through interviews with the CEO and other team members, I&#8217;m always mystified to find  that some organizations just seem to do everything they can to shut down new ideas.</p><p>Here&#8217;s a few of the key mistakes that I think organizations make when it comes to innovation. They:</p><ul><li><strong>form a committee</strong>. An absolute sure fired way of shutting down ideas! The herd mentality takes over, and activity sclerosis soon sets in.</li><li><strong>defer decisions</strong>. It&#8217;s easier to wait than to make any bold, aggressive moves. Uncertainty is a virtue; indecision is an asset.</li><li><strong>hide failure.</strong> If anyone tries something new and doesn&#8217;t succeed, make sure that no one else sees it. You don&#8217;t want to set a message that it is important to take risks.<span
id="more-4817"></span></li><li><strong>let innovators work in secret</strong>. You want to make sure that the concept of innovation remains some deep, mysterious process that not everyone can participate in. That will help to ensure that most of your team doesn&#8217;t pursue any type of fresh new thinking. They&#8217;ll just keep doing what they&#8217;ve always done.</li><li><strong>banish fear</strong>. Make sure that everyone thinks that everything is going to be all right. You don&#8217;t have to deal with potential business market disruption, new competitors, significant industry transformation or the impact of globalization. Everything will look the same ten years from now, so just keep everyone focused on doing the same old thing!</li><li><strong>accept the status qu</strong>o. Things are running perfectly, you&#8217;ve got the perfect product mix, and all of your customers are thrilled with your brand and the levels of customer service. There&#8217;s no need to do anything new, since it&#8217;s all going to work out just fine!</li><li><strong>be cautious</strong>. Don&#8217;t make any bold, aggressive moves. Just take things slowly, one step at a time. If you move too fast, things are likely to go wrong. Let complacency settle in like a warm blanket.</li><li><strong>glorify proces</strong><strong>s</strong>.  Make sure that everything is filled out in triplicate; ensure that process slows down any radical ideas.  It&#8217;s more important to do things perfectly than to make mistakes.</li><li><strong>be narrow</strong>. Keep a very tiny view of the future. You can&#8217;t succeed with any big wins, because there aren&#8217;t going to be any dramatic surprises in the future. Think small. Act accordingly.</li><li><strong>study things to death</strong>. Don&#8217;t let any uncertainty creep into your decision making process. Make sure that if you are to do anything, that you&#8217;ve spent sufficient time and effort to understand all the variables. Your goal is ensuring that any decision is free of risk, unlikely to fail, and will in retrospect be carefully and fully documented.</li></ul><p>Wait! That&#8217;s 11 ways! And there are certainly more attitudes that help to destroy innovative thinking.</p><p>What do you think? What are the other attitudes and ways of thinking that manage to shut down organizational idea machines?</p><p>And do you want more insight like this? Check my Innovation Inspiration page! <a
title="Innovation Inspiration!" href="/innovation-inspiration/" target="_self"><img
class="alignnone size-full wp-image-4276" title="arrows.gif" src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" alt="" width="8" height="5" /></a></p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/10-ways-to-destroy-innovative-thinking/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>What Pat Boone&#8217;s App Says About the Future of Branding!</title><link>http://www.jimcarroll.com/2010/05/pat-boones-app/</link> <comments>http://www.jimcarroll.com/2010/05/pat-boones-app/#comments</comments> <pubDate>Mon, 10 May 2010 18:08:41 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Articles]]></category> <category><![CDATA[Blog]]></category> <category><![CDATA[Branding & marketing]]></category> <category><![CDATA[Marketing]]></category> <category><![CDATA["mobile technology"]]></category> <category><![CDATA[Branding]]></category> <category><![CDATA[brands]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4674</guid> <description><![CDATA[Here&#8217;s an article that I wrote for the spring issue of Marketline, for the BCAMA. Some good food for thought on the future of branding, and how all this social networking might really evolve. Key point: &#8220;The concept of branding is being re-energized. People care again&#8221; Pat Boone Has an App by Jim Carroll, Marketline, [...]]]></description> <content:encoded><![CDATA[<p>Here&#8217;s an article that I wrote for the spring issue of Marketline, for the BCAMA. Some good food for thought on the future of branding, and how all this social networking might really evolve.</p><p>Key point: &#8220;<em>The concept of branding is being re-energized. People care again</em>&#8221;</p><p><em><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/PatBooneApp.png"><img
class="alignright size-full wp-image-4679" title="PatBooneApp" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/PatBooneApp.png" alt="" width="315" height="479" /></a></em></p><p><strong>Pat Boone Has an App<br
/> by Jim Carroll, Marketline, Spring 2010 </strong></p><p>Does that blow your mind? It should. After all, for some people, Pat Boone could be the most uncool guy around, and yet <a
href="http://itunes.apple.com/us/app/pat-boone-radio/id329897677?mt=8" target="_blank" onclick="urchinTracker('/outgoing/itunes.apple.com/us/app/pat-boone-radio/id329897677?mt=8&amp;referer=');">he has an App</a> with a pretty good rating in the Apple App Store. I think that&#8217;s pretty cool.</p><p>If it doesn&#8217;t blow your mind because you don&#8217;t know who he is, then here&#8217;s the deal: he&#8217;s a singer who sold some 50 million albums during the 50s and 60s. Think Justin Bieber if he was around in 1956.</p><p>I learned about Pat Boone&#8217;s App when I set out to get my own. Given the nature of my business, I&#8217;m a brand, and I&#8217;m a big believer that we are rapidly entering the era of the personal brand App. And in fact, the same folks who developed Pat&#8217;s App pulled mine together and had it <a
href="http://itunes.apple.com/app/jim-carroll/id347008063?mt=8" target="_blank" onclick="urchinTracker('/outgoing/itunes.apple.com/app/jim-carroll/id347008063?mt=8&amp;referer=');">available in the App store</a> within just eight weeks.</p><p>What does this have to do with the future of marketing? Probably everything and anything, in that we are in the very early stages of what is likely to be a very significant transformation in the energy that people have towards the concept of a brand.</p><p>Bill Gates once observed that &#8220;most people overestimate the amount of change that will occur in two years, and underestimate the change that will occur over 10 years&#8221;.</p><p>Think about that statement in the context of the current impact of social networking on brands and marketing.</p><p><span
id="more-4674"></span>Certainly, everyone knows that carefully orchestrated Twitter, Facebook and YouTube-centric marketing campaigns can provide a substantial uplift in sales and that, to a large degree, successful brands are focused on building relationships by having conversations with their customers. It&#8217;s all too obvious to everyone that if a brand doesn&#8217;t respect the fascinating power possessed by the new collective consciousness, things can go to hell in a handbasket in a hurry. And we all know that, increasingly, a brand is no longer what you say it is it&#8217;s what ‘they&#8217; say it is.</p><p>Yet, these are early days. Where will we be 10 years out? How will the art of marketing have changed? What will a brand be in 10 years&#8217; time? Will we even find it necessary to market a brand? Or will brands become such a part of our lives that we won&#8217;t even think it necessary to market them, because each of us will essentially own those brands? How do you market a product to someone who already owns the brand for that product?</p><p>Certainly there has been a tsunami of change in the marketing and creative world over the last few years with the explosion of social networking. But do we know where this change is going to take us? I&#8217;m not certain we do know. When the Internet first appeared on the scene, who could have imagined Twitter, or YouTube or cyber-battles between China and a company that didn&#8217;t exist less than a decade ago?</p><p>Much can happen in a two-year time span. Much more can happen in 10 years. The difficulty is in figuring out how to steer to wherever we might be in a decade. These are the early days and the pace of change is still accelerating. Brands are learning to adapt to fascinating new realities, and marketing skills are transitioning at lightning speed.</p><p>Customers are toying with their vast new powers, learning to use them in new and fascinating and sometimes scary and dangerous ways. Brands can go from hero to zero in a matter of moments. Marketing campaigns that one day seemed edgy and leading-edge can suddenly fall off a cliff, looking dull and out of date as a new brand comes along to displace them. And it all occurs at blinding speed.</p><p>Maybe in a decade some brands will have transitioned further into our lives through even more connectivity than we can currently imagine. Perhaps one day the packaging for a medication that I will be using will &#8220;talk&#8221; via a subterranean Twitter-like stream to a sensor embedded in my mobile device, updating my medical profile and adjusting my dosage based on up-to-the-second medical tests. When a brand becomes a part of my being, does that mean that the new brand relationship of today looks ancient?</p><p>I don&#8217;t think anyone has figured everything out yet with social media. There are certainly a lot of people talking about it, and I spend a fair amount speaking to the trend myself. But I think we are in the midst of something unique, special and awe-inspiring. I am convinced that in 10 years&#8217; time, we will look back and think, &#8220;wow, that was an amazing time to take part in something big&#8221;.</p><p>What is that &#8220;something big&#8221;? Perhaps a period of time in which everyone customers and brand owners alike are becoming re-energized about the concept of a brand, as a brand truly become part of one&#8217;s existence.</p><p>Yes, Pat Boone has an App. He&#8217;s proud of his brand he put out good work, even if it is niche-oriented. And yes, maybe his market is declining. But here he is, an icon of the birth of the boomer era, and he&#8217;s got enough passion and enthusiasm for his brand to reach out to his brand participants using these fascinating new and powerful tools.</p><p>Pat Boone has had his passion for his brand restored. And maybe that is the most important thing that is happening right now. The concept of branding is being re-energized. People care again. We&#8217;re out of the era of robots building TV commercials that didn&#8217;t resonate, and brand images that didn&#8217;t create a sense of awe, and brand images that were simply stuck because of creative failure.</p><p>Perhaps that&#8217;s the real magic everyone is acquiring a new enthusiasm to do something with brands. If they own a brand, they can be inspired to do something great with it. If they are a customer of a brand, they can be inspired to help to shape the future of the brand more to their own liking through the collective consciousness that is social networking.</p><p>The energy and creativity around us is staggering. Continue to jump in, explore, try, do, fail and retry and remember that there is lots yet to learn, since these are early days.</p><p>Grab the original article at Scribd!</p><div><a
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isPermaLink="false">http://www.jimcarroll.com/?p=4657</guid> <description><![CDATA[I was in Billings, Montana last week, speaking at the annual meeting of a financial group.  The audience included a large cross section of business executives from throughout the Midwest. My talk centred around the trends that might provide for sustainable economic growth. Here&#8217;s what I focused on: a significant and lasting change in perspective. I [...]]]></description> <content:encoded><![CDATA[<p>I was in Billings, Montana last week, speaking at the annual meeting of a financial group.  The audience included a large cross section of business executives from throughout the Midwest. My talk centred around the trends that might provide for sustainable economic growth. Here&#8217;s what I focused on:<a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/earth.gif"><img
class="alignright size-full wp-image-4672" title="earth" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/earth.gif" alt="" width="317" height="379" /></a></p><ul><li><strong>a significant and lasting change in perspective</strong>. I spend a lot of time with major international organizations, either in strategic leadership meetings or at various association events or conferences. I often run a text message poll at the start of such sessions to gauge the audience perspective of the current rate of economic growth. As I noted in <a
href="/2010/04/trend-the-future-of-the-corporate-facility/" target="_blank">this post</a>, I&#8217;ve seen quite a change in attitude and perspective in the last few months.</li><li><strong>significant growth is emerging from &#8220;solving the big problems.&#8221;</strong> I am a big believer that the efforts to solve the big challenges with respect to energy, the environment and health care will provide the momentum to kickstart the economy once again. I spend a lot of time examining signs of innovation and growth; and there is a tremendous amount of mind share being devoted to each of these areas.</li><li><strong>fundamental and long lasting growth trends in global markets. </strong>Before the economy went sour in 2008, McKinsey was extremely bullish on the prospects for economic growth driven by the rapid industrialization of emerging economies, noting that &#8220;<em>almost a billion new consumers will enter the global marketplace in the next decade &#8230;. with an income level that allows spending on discretionary goods</em>,&#8221; a<em><span
style="font-style: normal;">nd</span><span
style="font-style: normal;"> that “</span>the ranks of the middle class will swell by 1.8 billion to become 52% of total population, up from 30% today</em>.&#8221; I think on a long term basis, those trends are still valid and will provide for tremendous economic growth.<span
id="more-4657"></span></li><li>a <strong>r</strong><strong>apid response of organizations to the fast emergence of new markets and opportunities. </strong>I am seeing a significant number of organizations focused at the top on &#8220;revenue innovation&#8221; &#8212; that is, generating revenue by entering new markets or through new products and solutions. One CEO of a major global organization put it to me this way: “<em>traditional markets are declining &#8230; we’re going other places that have better growth opportunities.</em>” This is the concept of <strong>chameleon revenue</strong>, which you should read about <a
href="/2009/11/innovation-and-the-concept-of-chameleon-revenue/" target="_self">here</a>.</li><li><strong>signs of various industries reinventing themselves. </strong>China and India and Brazil are cleaning our clocks when it comes to manufacturing, with sheer brainpower and design capabilities; the period from 1990 to 2010 saw the decline of the North American manufacturing industry with the resultant massive economic shock. But what I&#8217;m seeing out there tells me that North American companies will learn to compete again by challenging old assumptions, and by challenging themselves to do things differently this time around; for example, with mass customization, and through the reinvention of traditional manufacturing processes.</li><li><strong>the emergence of intelligent infrastructure.</strong> Quite simply, every device around us is going to gain intelligence in the next decade. We&#8217;ll have awareness of their status, location, and address; this leads to the birth of countless new products, companies and industries. There is real transformative industry growth will come when everything plugs into the cloud, and as location intelligence becomes a significant transformative trend.</li><li><strong>the impact of the next generation. </strong>While many people bemoan the &#8216;work ethic&#8217; of Gen-Y, I think they are likely the most entrepreneurial generation ever. They collaborate, think, and generate ideas in exciting and different ways, and I think that provides them with a motivation to &#8220;do their own thing&#8221; unlike any other generation in history. And that is a significant driver for economic growth. During the recession of 2001, 569,750 new companies were created in North America &#8211; mostly small businesses. And companies with less than 20 employees accounted for 100% of the new job growth from 1990 to 2000. Global experience shows similar trends. That&#8217;s the context of what this &#8216;next generation&#8217; will do.</li></ul><p>As a futurist, I&#8217;m optimistic and bullish on the future. (I have to be; I can&#8217;t quite go on stage and say to people &#8212; &#8220;<em>guess what &#8212; your future sucks</em>!&#8221;)</p><p>I don&#8217;t think there is any wishful thinking behind this sentiment ; it comes from the discussions and observations I get from going out and speaking to tens of thousands of people at various conferences and events through the last several months.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/the-case-for-optimism/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Innovation: Think big, start small, scale fast!</title><link>http://www.jimcarroll.com/2010/05/innovation-think-big-start-small-scale-fast/</link> <comments>http://www.jimcarroll.com/2010/05/innovation-think-big-start-small-scale-fast/#comments</comments> <pubDate>Wed, 05 May 2010 14:33:29 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Faster]]></category> <category><![CDATA[Financial]]></category> <category><![CDATA[How to be innovative]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Leadership]]></category> <category><![CDATA[Strategy]]></category> <category><![CDATA["business model"]]></category> <category><![CDATA["mobile technology"]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4634</guid> <description><![CDATA[A key innovation message that I spend time with my clients focusing upon involves the concept of &#8220;thinking big, starting small, and scaling fast.&#8221; (With all due respect, the thought process comes from a customer-service oriented strategy at McDonald&#8217;s many years ago, but it is easily extended to encompass innovation in general.) What does the [...]]]></description> <content:encoded><![CDATA[<p>A key innovation message that I spend time with my clients focusing upon involves the concept of &#8220;thinking big, starting small, and scaling fast.&#8221;</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/05/2010ThinkBigStartSmall.png"><img
class="aligncenter size-full wp-image-4638" title="2010ThinkBigStartSmall" src="http://media.jimcarroll.com/wp-content/uploads/2010/05/2010ThinkBigStartSmall.png" alt="" width="575" height="224" /></a></p><p><em>(With all due respect, the thought process comes from a customer-service oriented strategy at McDonald&#8217;s many years ago, but it is easily extended to encompass innovation in general.)</em></p><p>What does the message imply:</p><ul><li><strong>think bi</strong><strong>g</strong>: identify the long term transformative trends that will impact you. These could include significant industry change, business model disruption, the emergence of new competitors, product or service transformation; anything. Essentially, you need to get a good grounding in the &#8220;big changes&#8221; that will impact your future over a five or ten year period</li><li><strong><span
id="more-4634"></span>start small</strong>: from those trends, identify where you might weaknesses in skills, products, structure, capabilities, or depth of team. Pick a number of small, experiential orientated projects to begin to fill in your weak points, and learn about what it is you don&#8217;t know. This will give you better depth of insight into what you need to do in order to deal with the transformative trends identified above</li><li><strong>scale fas</strong><strong>t</strong>: from those small scale projects, determine which areas need to be tackled first in terms of moving forward more aggressively with the future. Develop the ability to take your &#8216;prototyping&#8217; of skills enhancement from the small scale projects into full fledged operations</li></ul><p>It sounds simple, but its&#8217; extraordinarily complex. Having said that, it does give you and your team a good conceptual framework for innovation, and orienting yourself to the trends which will provide you with the greatest opportunities and challenges in the years to come.</p><p>How might a company use such thinking? Let&#8217;s say you are in the banking industry. You know that mobile, text message, and location-sensitive banking trends are going to have a big impact on you. You know little about what is going. Think about how you might have redefined your customer service out on a ten year basis; where you might see new competitors emerge; and what you need to do to ensure that you stay on top of changing consumer demands. Then start small &#8212; take on a number of projects that build up the experience of your team with specific mobile technologies: how quickly can we get financial apps developed? From those ongoing efforts, build up the capability to scale &#8212; that is, separating the successes from the failures with these smaller projects, and learning how to quickly roll them out on a national or international basis.</p><p>Leave a comment : let me know what you think, suggest or ideas where you&#8217;ve seen the concept work!</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/innovation-think-big-start-small-scale-fast/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Mom 3.0 : Parents, military bases and innovation!</title><link>http://www.jimcarroll.com/2010/05/mom-3-0-parents-military-bases-and-innovation/</link> <comments>http://www.jimcarroll.com/2010/05/mom-3-0-parents-military-bases-and-innovation/#comments</comments> <pubDate>Tue, 04 May 2010 13:24:45 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Innovation Stories]]></category> <category><![CDATA[Video clips]]></category> <category><![CDATA[Videos]]></category> <category><![CDATA["social networks"]]></category> <category><![CDATA[Change]]></category> <category><![CDATA[Gen-connect]]></category> <category><![CDATA[Gen-Y]]></category> <category><![CDATA[government]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4613</guid> <description><![CDATA[Innovation isn&#8217;t critical only in business &#8212; every type of organization must try to do things differently in a world of fast paced change. Here&#8217;s Jim speaking at the 2010 US Navy, Air Force &#38; Marine Child Youth Program Conference. He was asked to challenge the audience &#8212; child youth experts and counsellors on military [...]]]></description> <content:encoded><![CDATA[<p>Innovation isn&#8217;t critical only in business &#8212; every type of organization must try to do things differently in a world of fast paced change.</p><p>Here&#8217;s Jim speaking at the 2010 US Navy, Air Force &amp; Marine Child Youth Program Conference. He was asked to challenge the audience &#8212; child youth experts and counsellors on military bases worldwide &#8212; to think about innovation in the context of the youth and parents that they serve.</p><p
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style="text-align: left;">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 &#8211; lets call them &#8220;Mom 3.0&#8243; &#8211; comes to rely on technology to a greater degree each and every day.</p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/05/mom-3-0-parents-military-bases-and-innovation/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Location is the new intelligence</title><link>http://www.jimcarroll.com/2010/04/location-is-the-new-intelligence/</link> <comments>http://www.jimcarroll.com/2010/04/location-is-the-new-intelligence/#comments</comments> <pubDate>Wed, 28 Apr 2010 13:06:13 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Faster]]></category> <category><![CDATA[Future Trends]]></category> <category><![CDATA[Media & Technology]]></category> <category><![CDATA[Trends]]></category> <category><![CDATA[Video clips]]></category> <category><![CDATA[Videos]]></category> <category><![CDATA["location intelligence"]]></category> <category><![CDATA["mobile phone"]]></category> <category><![CDATA["mobile technology"]]></category> <category><![CDATA[advertising]]></category> <category><![CDATA[connectivity]]></category> <category><![CDATA[Location-based service]]></category> <category><![CDATA[sports]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4598</guid> <description><![CDATA[It&#8217;s big, and its&#8217; getting bigger! That&#8217;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 [...]]]></description> <content:encoded><![CDATA[<p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/04/iStock_000000907067Small.jpg"><img
class="alignright size-medium wp-image-4600" title="iStock_000000907067Small" src="http://media.jimcarroll.com/wp-content/uploads/2010/04/iStock_000000907067Small-300x199.jpg" alt="" width="300" height="199" /></a>It&#8217;s big, and its&#8217; getting bigger!</p><p>That&#8217;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.</p><p>There&#8217;s a lot of people building a lot of new businesses around these trends. And it&#8217;s happening extremely quickly:</p><ul><li>in a just-announced test of location based advertising in Finland, MacDonalds&#8217; 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<span
id="more-4598"></span></li><li>one if 4 American&#8217;s uses location based mobile services, and half of those who noticed an ad while using such services too some action</li><li>there has been a 68% increase in the use of mobile mapping and direction services in Europe in ONE YEAR according to comScore</li><li>MarketResearch.com predicts increases of 37% compound annual growth for mobile advertising and 65% for mobile commerce, influenced by the speed of adoption of location-based services</li><li>Juniper Research suggests that location based service revenues will top $12.7 billion by 2014, up from $3 billion last year</li><li>another survey by RCNOS suggested that the mobile locations technologies market will grow at annual compound rates of 20%, reaching $70 billion by 2013, which includes both consumer and business intelligence/application (survey, mapping etc) applications</li><li>it&#8217;s estimated that 1 billion people will access social networks by 2014. Most of them will use some form of location based application as they do so.</li><li>GPS-enabled mobile phone devices will dominate the technology space, comprising 66% of all GPS devices by 2013</li></ul><p>This is pretty significant stuff. Actually, its more than significant &#8211; it&#8217;s huge. Location is set to lead to significant industry transformation; some pretty dramatic business model disruption (think real estate); changes in consumer behaviour (product promotion and uplift); new business models (mobile, text message based banking which starts out via a proximity relationship.). There&#8217;s a huge amount of velocity out there!</p><p>There are two angles to the emerging market: consumer (i.e. iPhone) driven applications which will involve marketing, branding, product promotion, customer loyalty, point-of-purchase and a huge variety of other opportunities. The second involves corporate applications such as risk-minimization (i.e. mortgage risk analysis based on spatial data).</p><p>Regardless of how you look at, the overall impact of location intelligence is going to be dramatic.</p><p>It&#8217;s even going to come to impact sports. Here&#8217;s a clip from a keynote I gave for 4,000 individuals as the recent National Recreation &amp; Parks Association: &#8220;Location intelligence and the future of recreation,&#8221; and spoke about the concept of a location intelligence professional.</p><p
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style="text-align: left;">Last week, I did a keynote for DMTI Spatial, a leader in this emerging space, particularly in the corporate application world. He has an interesting <a
href="http://dmtiblog.blogspot.com/2010/04/first-issue-april-23-2010-alex-mackay.html" target="_blank" onclick="urchinTracker('/outgoing/dmtiblog.blogspot.com/2010/04/first-issue-april-23-2010-alex-mackay.html?referer=');">blog post</a> that summarizes some of the unique issues that go with this fast emerging trend.</p><p
style="text-align: left;">Location is the new intelligence. And its&#8217; happening faster than you think!</p><p
style="text-align: left;">And an increasing number of my keynotes and clients are asking me to focus upon the business opportunities that are emerging in this world. Stay tuned.</p><p
style="text-align: left;"><strong>Related posts:</strong></p><ul><li>Location intelligence, financial industries and business model change <a
href="/2010/01/location-intelligence-financial-industries-and-business-model-change/" target="_self"><img
src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" border="0" alt="" /></a></li><li>Location intelligence and the conference industry <a
href="/2009/12/location-intelligence-and-the-conference-industry/" target="_self"><img
src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" border="0" alt="" /></a></li><li>Extract from Jim&#8217;s book, Ready, Set, Done: How to Innovate When Faster is the New Fast <a
href="http://books.google.com/books?id=rhG919eFFaEC&amp;pg=PT44&amp;lpg=PT44&amp;dq=%22jim+carroll%22+%22location+intelligence%22&amp;source=bl&amp;ots=WYGtzCjAgH&amp;sig=DYvumBi5Yqr1BeV6CrspIDyTamQ&amp;hl=en&amp;ei=WDHYS6PzJMKblgf_pMjyAw&amp;sa=X&amp;oi=book_result&amp;ct=result&amp;resnum=9&amp;ved=0CC4Q6AEwCA#v=onepage&amp;q&amp;f=false" target="_blank" onclick="urchinTracker('/outgoing/books.google.com/books?id=rhG919eFFaEC_amp_pg=PT44_amp_lpg=PT44_amp_dq=_22jim+carroll_22+_22location+intelligence_22_amp_source=bl_amp_ots=WYGtzCjAgH_amp_sig=DYvumBi5Yqr1BeV6CrspIDyTamQ_amp_hl=en_amp_ei=WDHYS6PzJMKblgf_pMjyAw_amp_sa=X_amp_oi=book_result_amp_ct=result_amp_resnum=9_amp_ved=0CC4Q6AEwCA_v=onepage_amp_q_amp_f=false&amp;referer=');"><img
src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" border="0" alt="" /></a></li></ul><p
style="text-align: left;"><div
class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><a
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class="zem-script more-related pretty-attribution"><script src="http://static.zemanta.com/readside/loader.js" type="text/javascript"></script></span></div> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/04/location-is-the-new-intelligence/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>Trend: Switching from cutting back, to focusing on growth</title><link>http://www.jimcarroll.com/2010/04/trend-the-future-of-the-corporate-facility/</link> <comments>http://www.jimcarroll.com/2010/04/trend-the-future-of-the-corporate-facility/#comments</comments> <pubDate>Tue, 27 Apr 2010 13:21:06 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Industry]]></category> <category><![CDATA[Keynotes]]></category> <category><![CDATA[Manufacturing]]></category> <category><![CDATA[Retail]]></category> <category><![CDATA[Trends]]></category> <category><![CDATA["economic development"]]></category> <category><![CDATA[business]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Strategy]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4563</guid> <description><![CDATA[In a whirlwind of activity over the last ten days, I&#8217;ve been the keynote speaker for conferences that probably represents the vast majority of global Fortune 1000 organizations, speaking to the trends that will impact the future of &#8216;corporate facilities.&#8217; These have included keynotes for the  Professional Retail Store Maintenance Association annual conference in Orlando; [...]]]></description> <content:encoded><![CDATA[<p>In a whirlwind of activity over the last ten days, I&#8217;ve been the keynote speaker for conferences that probably represents the vast majority of global Fortune 1000 organizations, speaking to the trends that will impact the future of &#8216;corporate facilities.&#8217;</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/04/Stage2010x540.jpg"><img
class="aligncenter size-full wp-image-4564" title="Stage2010x540" src="http://media.jimcarroll.com/wp-content/uploads/2010/04/Stage2010x540.jpg" alt="" width="540" height="188" /></a></p><p>These have included keynotes for the  Professional Retail Store Maintenance Association annual conference in Orlando; the CoreNet Global Summit in New Orleans, and the International Asset Management Council Spring Summit in Colorado Springs. With these groups, we&#8217;ve got the folks who manage facilities for a good chunk of the world&#8217;s biggest retailers (including Apple, the Gap, Costco and others); commercial real estate executives for Fortune 1000 and government; and the senior executives who manage the same for large industrial and manufacturing organizations (Alcoa, Caterpillar, Whirlpool).</p><p>What are they thinking about? Adjusting to an economy that is more and more turning to growth. And to do that, I covered a wide variety of trends:</p><ul><li>they need to actively shift their role from tactical (managing costs in a downtown) to strategic (&#8216;how do I help my organization to scale and support growth strategies?&#8217;</li><li>ensure that the organization has the flexibility in terms of facilities and workforce to adjust to more rapid market and product innovation, faster competition, and more rapid change in consumer demand and choice</li><li>take advantage of emerging opportunities with intelligent building management infrastructure</li><li>be willing to challenge process and assumptions as to operations. I consistently used my story of broken business models, vs. business models built on rapid change &#8211; my Honda vs. Chrysler story</li><li>adapt to a reality in which skills flexibility and innovation will be a key success factor. These folks need to access a lot of unique skills that are in short supply (i.e. green engineers), and so increasingly their success will come from their ability to access the right skills at the right time for the right purpose</li></ul><p>Are people really thinking about growth? Here are the live results from a text message poll that I ran from the stage at the IAMC conference in Colorado Springs yesterday:</p><p><a
href="http://media.jimcarroll.com/wp-content/uploads/2010/04/iamcpoll.png"><img
class="aligncenter size-full wp-image-4570" title="iamcpoll" src="http://media.jimcarroll.com/wp-content/uploads/2010/04/iamcpoll.png" alt="" width="550" height="236" /></a></p><p><strong>More information</strong></p><ul><li>Innovation and the concept of &#8216;chameleon revenue&#8217; <a
href="/2009/11/innovation-and-the-concept-of-chameleon-revenue/" target="_blank"><img
src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" border="0" alt="" /></a></li><li><a
href="/2009/11/innovation-and-the-concept-of-chameleon-revenue/" target="_blank"></a>Riding fast paced trends in the consumer / retail sector <a
href="/2010/03/innovation-riding-fast-paced-trends-in-the-consumer-retail-sector/#more-2184" target="_blank"><img
src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" border="0" alt="" /></a></li><li><a
href="/2010/03/innovation-riding-fast-paced-trends-in-the-consumer-retail-sector/" target="_blank"></a>Finding growth with knowledge exponentiation (construction trends)  <a
href="/2010/02/finding-growth-with-knowledge-exponentiation/" target="_blank"><img
src="http://media.jimcarroll.com/wp-content/uploads/2010/02/arrows.gif" border="0" alt="" /></a></li></ul> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/04/trend-the-future-of-the-corporate-facility/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Global innovation for growth : through long term transformation</title><link>http://www.jimcarroll.com/2010/04/global-innovation-for-growth-through-long-term-transformation/</link> <comments>http://www.jimcarroll.com/2010/04/global-innovation-for-growth-through-long-term-transformation/#comments</comments> <pubDate>Mon, 26 Apr 2010 12:11:01 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Focusing on Growth]]></category> <category><![CDATA[Videos]]></category> <category><![CDATA["business model"]]></category> <category><![CDATA["mobile technology"]]></category> <category><![CDATA[connectivity]]></category> <category><![CDATA[Strategy]]></category> <category><![CDATA[technology]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4544</guid> <description><![CDATA[Futurist Jim Carroll, at CRIM 2010, outlines how global CEO&#8217;s are positioning their organizations for growth, through a focus on long term transformative trends. As the path to an economic recovery becomes clearer, I&#8217;m spending a lot of time speaking at leadership events for strategies for the upturn.]]></description> <content:encoded><![CDATA[<p>Futurist Jim Carroll, at CRIM 2010, outlines how global CEO&#8217;s are positioning their organizations for growth, through a focus on long term transformative trends. As the path to an economic recovery becomes clearer, I&#8217;m spending a lot of time speaking at leadership events for strategies for the upturn.</p><p
style="text-align: center;"><object
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name="allowfullscreen" value="true" /><embed
type="application/x-shockwave-flash" width="480" height="385" src="http://www.youtube.com/v/dqTeg-nne80&amp;hl=en_US&amp;fs=1&amp;" allowscriptaccess="always" allowfullscreen="true"></embed></object></p> ]]></content:encoded> <wfw:commentRss>http://www.jimcarroll.com/2010/04/global-innovation-for-growth-through-long-term-transformation/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>The return of growth</title><link>http://www.jimcarroll.com/2010/04/the-return-of-growth/</link> <comments>http://www.jimcarroll.com/2010/04/the-return-of-growth/#comments</comments> <pubDate>Fri, 23 Apr 2010 12:23:42 +0000</pubDate> <dc:creator>Jim</dc:creator> <category><![CDATA[Blog]]></category> <category><![CDATA[Economic recovery]]></category> <category><![CDATA[Leadership]]></category> <category><![CDATA[Strategy]]></category> <category><![CDATA[CEO]]></category> <category><![CDATA[Fortune 1000]]></category> <category><![CDATA[Innovation]]></category> <category><![CDATA[Operational excellence]]></category><guid
isPermaLink="false">http://www.jimcarroll.com/?p=4473</guid> <description><![CDATA[My mantra about innovation is that it is always about three questions: how do you run the business better, grow the business, and transform the business. Address those three issues, and you&#8217;ve nailed the essence of innovation. Since the economic downturn, most of my global clients have been focused on the first issue: how can [...]]]></description> <content:encoded><![CDATA[<p>My mantra about innovation is that it is always about three questions: how do you run the business better, grow the business, and transform the business. Address those three issues, and you&#8217;ve nailed the essence of innovation.<br
/> <a
href="http://media.jimcarroll.com/wp-content/uploads/2010/04/boule_de_cristal_2010_044.jpg"><img
class="alignright size-medium wp-image-4477" title="boule_de_cristal_2010_044" src="http://media.jimcarroll.com/wp-content/uploads/2010/04/boule_de_cristal_2010_044-200x300.jpg" alt="" width="200" height="300" /></a><br
/> Since the economic downturn, most of my global clients have been focused on the first issue: how can we run the business better? They&#8217;ve been razor-arrow sharp on achieving operational excellence, managing costs, downsizing, and other critical steps necessary to survival.</p><p>Now that&#8217;s changed.</p><p>In the last few months, I&#8217;ve had a significant number of bookings &#8212; often by senior VP or CEO level execs within  Fortune 1000 organizations &#8212; for keynotes at leadership meetings that have the purpose of examining how to grow the business and transform the business.</p><p>In other words, folks, <strong>GROWTH IS BACK</strong>. I think the mindset of the global Fortune 1000 is shifting quickly to strategies that are aimed at transitioning products and markets; generating revenue where revenue hasn&#8217;t existed before; growth through acquisition; and countless other innovation strategies aimed at growth. And they&#8217;re thinking as to what they need to do this; how do they realign their skills base to deal with rapid change ; how do they more rapidly share ideas on fast emerging opportunities; how do they partner up in order to move faster?</p><p>This is the fifth recession I&#8217;ve gone through in my professional career. I&#8217;ve seen these signs before.</p><p>Growth is definitely back in business.</p><p><strong> </strong></p><p><strong> </strong></p><p><u><b>More information </b></u></p><ul><li>Read: <b>Success Comes to Those Who Evolve </b> <a
href="http://media.jimcarroll.com/wp-content/uploads/2010/04/CreditSuisse-JimCarroll.pdf"><img
src="http://media.jimcarroll.com/wp-content/uploads/2008/01/arrows3.gif" border="0" /></a></li></ul><p><strong> </strong></p><div
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class="zemanta-pixie-img" style="border: none; float: right;" src="http://img.zemanta.com/reblog_e.png?x-id=ed9e9ed3-ccf4-4167-83d0-896521464c78" alt="Reblog this post [with Zemanta]" /></a><span
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isPermaLink="false">http://www.jimcarroll.com/?p=4443</guid> <description><![CDATA[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.]]></description> <content:encoded><![CDATA[<p>A great little video clip from a recent keynote that outlines the challenges you face if you try and be an innovator!</p><p>You can find some useful information on dealing with innovation under the <a
href="about/innovation-inspiration/" target="_self">Innovation Inspiration</a> section of my site, and through the Innovation <a
href="/tag/innovation/" target="_self">tag</a>.</p><p
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