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Companies that don’t yet exist, will build products that are not yet conceived, based on ideas not yet invented, with manufacturing methodologies that have not yet been conceived. Are you ready for the new world of disruption?

That’s the reality of manufacturing today, and that will be the focus on my keynote next week when I open the Canadian Manufacturing Technology show in Toronto, Canada.

The reality of our future is found in the quote above, and in this video clip here:

The folks at Canadian MetalWorking/Canadian Fabricating and Welding, reached out to me for an advance look at some of the topics and issues I’ll cover in my talk.

 

Seek Out Opportunities for Innovation
Canadian MetalWorking, September 2017

When reinventing manufacturing, the reality is that manufacturers need to focus on new business models with agility and flexibility while quickly raising up production. If the manufacturing sector in a particular nation wants to be the leader in the industry, it must start to think like a tinkerer economy by accelerating change.

This is the view of futurist Jim Carroll, who espouses the concept that prototyping and concept development will continue to mature in the near future, all while becoming more and more important to the manufacturing sector.

He says by building flexibility into the process, manufacturing companies can bring new technologies and new generations to the market faster than ever before and seeing their profits skyrocket.

Canadian Metalworking caught up with Carroll before his opening keynote speech at CMTS 2017. Here’s what he had to say.

CM: For a small and mid-sized Canadian manufacturing companies, where should they be in terms of technology adoption during this period of Industry 4.0?

Carroll: No. 1 they need to appreciate what is happening out there and be willing to accept that things are changing at a relatively significant speed. Some high-level trends such as robotics, digital factory, and 3-D printing may not be applicable for small industries, but this does not mean that they should not be aware that these trends can affect the future of their industry. Understand what is happening out there and start small.

There are a lot of opportunities out there, for instance, if you take 3-D printing, there are a lot of contract 3-D printing facilities. Last week I was talking about a company that is positioning themselves like the Uber for 3-D printing. If you can conceive a product using your CAM software and ship them the files, they will find a 3-D printer with the [needed] capability and match you up with them so that you can do your prototype. Where 3-D printing is accelerating fairly quickly is in rapid prototyping design.

You might be a 100 person or smaller company, but you can certainly experiment with this technology to figure out what is going on, rather than thinking 3-D printing is something farfetched from science fiction, because it is not. The best thing is to think big, start small, and scale fast.

CM: Some companies are dragging their feet and are not integrating advanced technology into their operations. What sort of warning would you offer up to these manufacturing companies?

Carroll: No matter who you are or what you do, fascinating things are emerging out there regarding these significant trends. So, spend time figuring out what you can utilize today and tomorrow to turn it into an opportunity.

Will the world of manufacturing be fundamentally different in the next five or 10 years? Of course, yes, pushed by the whole issue with jobs skills.

There is no shortage of employment in manufacturing. It’s just that some people don’t have the right skills. For instance, robotics company Genesis Systems, one of the largest robotics manufacturing businesses in Iowa, said to me that it is almost like the typical robotics machine operator in a factory today has to be able to do trigonometry in their heads because it has become so sophisticated.

Brute force, manual routine skills are from the older days. All jobs now require higher level skills. If you are a manufacturer, you have to appreciate what is going on and what it is going to mean regarding the skills you have and the skills you are going to need.

CM: How does the changing pace of technology in a manufacturing environment change the way that these companies maintain and improve their employees’ skills levels?

Carroll: It is generational. There are a lot of baby boomers out there that struggle with technology. Growing up with a punch card, we grew up with a unique relationship with technology. My kids that are 28 and 24 are different, having never seen the world without the Internet. These new generations that are coming to the work force think differently and act differently.

Skills Canada and Skills USA have the initiative to help young people find a career path in skilled trades. Last year I opened their global competition in Saõ Paolo, and they have [hundreds of] kids competing in 75 categories in 400,000 sq. m of space. Advanced welding was among one of the competitions. They have folks who demonstrate virtual welding, how with technology in one room and can theoretically weld from a facility 1,000 miles away. So, get involved with Skills USA or Skills Canada. In the end, it all goes back to understanding what is going on out there and appreciating the acceleration of technology to make a conscious decision to get on board.

CM: Can you provide an example of an organization that is embracing Industry 4.0 and is a good example of manufacturing’s future in North America?

Carroll: I saw this when I was at Amsted Rail in St. Louis, which offers engineered system solutions that combine castings, bearings, wheels, axles, and energy management devices. They always think about what they can do in terms upgrading their technology.

Amsted Rail is frequently bringing new employees from younger generations and set up what they call an “Xboxer,” which means that they let these mid-20s engineers play with all this new technology and figure out how to bring in this new technology into the operation.

CM: Do you feel optimistic about this state of manufacturing in North America given the examples you provided with this mid-sized companies looking at their business at a different way?

Carroll: Things like collaborative robotics, digital factory, and additive are going provide a significant transformation of what manufacturing is. The rest of the world is going to go there, and you are not going to slow down the acceleration of science and the technology. There is a choice, either you get on board, or you don’t.

CM: What technologies do you think manufacturers should be keeping a close eye on?

Carroll: Two things. 3-D printing and accelerated material science will have the most impact in manufacturing for at least the next five years.

3-D printing is moving forward at a furious pace. For instance, there is one coming along called CLIP [continuous liquid interface production], which is almost out of the Transformers movie. Seeing that type of acceleration, what took something like 14 hours before now takes about 6.5 minutes with CLIP technology. Additive is real. It has a huge role now in rapid prototyping and iterative design.

Look at aerospace. Airbus and Boeing have figured out that they can 3-D print and develop parts of planes with a structure that are 40 per cent lighter. From that perspective, companies are starting to see what they can achieve with these fascinating new materials driven by science.

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This November, I’ll keynote the National Automatic Merchandising Association Coffee Tea & Water Show. I did a little promo video teaser about the event during my visit to Walt Disney World last week. Give it a watch!

NAMA also issued a press release about my talk.

Chicago – Jim Carroll, futurist and innovation expert, will kick off NAMA’s Coffee Tea and Water show (CTW) as the keynote speaker. Carroll will lead the at the opening session on Monday, Nov. 6, at 12:45 pm.

Carroll inspires organizations to reframe the opportunity for innovation in the context of significant, transformative change. He is a worldwide authority on global trends, rapid business model change, business model disruption in a period of economic uncertainty and the necessity for fast-paced innovation.

Carroll can offer deep insights into the cutting edge trends of our time, including:

• Autonomous vehicle technology
• Sensors and the Internet of Things (IoT)
• 3D printing
• Virtual reality
• Artificial intelligence
• Block chain and virtual cash
• Machine learning and robotics
• Crowd-thinking
• Next generation R&D

“Jim’s keynote address will help CTW attendees understand the impact of innovation and disruption on their businesses and explore the possibilities the Internet of Things brings for growth,” said Rori Ferensic, NAMA’s director of education in a press statement. “Audience members will gain the tools required to stay relevant in today’s changing business landscape. We’re delighted to welcome Jim to CTW.”

Carroll is also an author, with books including Surviving the Information Age; The Future Belongs To Those Who Are Fast; Ready, Set, Done: How to Innovate When Faster is the New Fast and What I Learned From Frogs in Texas: Saving Your Skin with Forward Thinking Innovation.

People interested in attending CTW can register today at https://www.coffeeteaandwater.org/registration-details/. Look for early bird rates and special group rates for operators. The early bird rates end Oct. 2. Attendees can also register for the WIN Boot Camp as part of their initial event registration.

This October, I’ll keynote the MacKay CEO Forum 2017 Edge Summit in Vancouver, with about 500 CEO’s in the room. I’ll take a look at what happens when accelerating technology trends result in every company become a technology company.

I just wrote up a new keynote topic description, modified from a few of my other topic outlines.

Aligning to Velocity: Key Trends and Strategies for the Era of Acceleration

We have a new vocabulary! Self-driving cars, 3d printing, crowdfunding, the sharing economy, blockchains, personal drones, swarm-bots, smart dust, vertical farms, the Internet of Things, cognitive computing, smart factories, artificial intelligence, augmented reality, quantum computing, intelligent farms, smart clothing! What seemed to be science fiction just a few short years ago has become a reality today, as time compresses and the future accelerates.

Take a voyage with Futurist Jim Carroll into the world of tomorrow, today, as he outlines the key trends, technologies, ideas and initiatives that are transforming our world around us at hypersonic speed. A world in which the speed of change impacting every company and every industry is increasingly driven by the speed of technology and Silicon Valley hyper-innovation. One that demands faster innovation, agile response, flexible strategies, and most important, the ability to ‘think big, start small, scale fast.’

 For the last 25 years, Jim Carroll has been speaking to and advising some of the worlds largest organizations on the trends that will impact them. With a client list that ranges from NASA to Disney, the Swiss Innovation Forum to the National Australia Bank, Johnson and Johnson to Godiva Chocolates, Jim has had a front row seat to the massive change being encountered in industries worldwide, and deep insight into the leadership mindset of organizations as they adapt to the era of acceleration.

In just a few short years, it will the year 2025, and the world of tomorrow will be your reality of today. Are you ready for what comes next?

We’re in the era of ‘connected energy,’ and everything is set to change in pretty dramatic fashion.

That will be the essence of my message when I speak to several hundred energy and water utility executives when I keynote the annual SAP Utilities conference in Huntington Beach, California. It’s great to spend some time with SAP again — I did about a dozen keynotes for them from 2003 to 2007, back in my “What I Learned From Frogs In Texas” days!


The session description reads:

“The future belongs to those who are fast! That’s the mantra of futurist Jim Carroll — and no where has this become a reality faster than in the world of utilities. There is no doubt that the next phase of the world of energy involves the convergence of a variety of trends, each of which is significant on their own, but combined, provide an opportunity for massive disruption — and opportunity. The era of massive hyper-connectivity at an industrial, commercial and residential level as a result of the acceleration of the Internet of things. The rapid advancement of energy science, particularly with battery storage, alternative energy sources and other leading edge technologies. Business model disruption through the fast arrival of technologies that support personal and local energy energy microgrids through backyard wind, solar, biomass and other forms of energy generation. New demand and infrastructure requirements arising from such significant trends as smart cities, self-driving cars and intelligent highway infrastructure. And then there are simple light poles — which are now becoming ‘fitbits for cities’ with embedded environmental sensors, car-charging technologies, Wi-Fi hotspot capability and traffic management technologies! But wait — there’s more! At M.I.T. they are even in the midst of research as to how to grow solar cells from plants! That’s why no less than the Edison Energy Institute has stated that going forward, ““The threats posed to the electric utility industry from disruptive forces, particularly distributed resources, have serious long-term implications for the traditional electric utility business model and investor opportunities.”

The challenges and opportunity in the energy sector are real, and it’s captured pretty accurately in that summary. Need a hint of what is going on? Simply take a look at what is happening with battery storage technology.

Quite simply, we are in a situation in which a centuries old business model – the centralized production of power, distributed one-way through a relatively unintelligent system — is set to change in so many ways.

I’ve spoken at numerous energy conferences through the years, including the global Accenture Energy & Utilities Industry conference. Just a few months ago, I spoke privately to the nuclear division of one of the countries largest energy utilities, literally with 20 nuclear engineers in the room. And a few years back, I was engaged by the CEO of PG&E to do a video on what happens if grassroots power production and micro-grids lead to the disruption of the industry.

 

Stay tuned: I’m sure I’ll have a lot to post, including an overview of why light poles are a harbinger of what’s to come with our connected future!

Beneath the surface of normalcy lies a hidden layer of complexity. No where is that more true than what is happening within the world of golf.

Next month, I’ll be the opening keynote speaker for the Quintiq World Tour in Philadelphia — they’re an organization that specializes in software to help to manage complexity! I promised them I would do a little video teaser for the conference. I was a bit busy at the time — it’s summertime! — but I got it done! #golfiswork

Here’s my keynote description:

Accelerating the Business in an Era of Fast Change

Industries are being transformed by a world of constant, relentless change, and the future belongs to those who are fast. Understanding, preparing for, and managing the growing complexity in your supply chain and operations will increasingly become the challenge of our time. Whether it’s fast business model disruption, the impact of hyper-connectivity through the Internet of Things, or faster transformation of entire industries through advancements such as 3D printing and self-driving vehicles — wherever you look, there are undeniable, transformative forces at work.

Join us as futurist Jim Carroll takes us on a voyage of the transformative trends of our time, and the strategies that organizations are pursuing to master fast change. Jim speaks to organizations worldwide on issues of future trends, disruption, and innovation. His clients include NASA, Disney, the Swiss Innovation Forum, the National Australia Bank and Nikon.

Another cool graphic keynote summary of a recent talk I did. Give it a ‘read’ and see how one of my fast-paced keynotes unfolds on stage!

This fall, I’m headling a major retail event in Las Vegas – Xcelerate 2017! Details are here.

 

There’s a lot of change underway – and certainly, the Amazon/Whole Foods situation is a wake up call for everyone. I’ve been speaking about the decline and transformation of traditional retail for over 20 years. In the 1990’s, I even wrote a book about e-commerce that was translated into German and Russian, as well as being picked up and distributed by Visa USA to it merchants.

Retailers must scramble to keep up with fast paced change. Maybe that’s why Godiva Chocolates has had me to Europe twice this year for insight on what’s going on.

Here’s the description for my September keynote.

The Disruption and Reinvention of Retail: Aligning to the World of Speed  

It’s hard to discount the speed of change occurring in the world of retail and consumer products. Consider this: E-commerce could be 25% of the retail – grocery and convenience — experience by 2021. Shopper marketing,” which combines location intelligence, mobile technology and in-store display technology for a new form of in-store promotion, continues to move forward. Mobile payment involving Apple Pay and disappearance of the cash-register, providing opportunity and challenge with loyalty, infrastructure and disruption. Then there is Amazon Alexa, AI and shopping bots! Simply talk and products are added to your shopping cart, and delivered within an hour! Let’s not stop — there’s also the rapid installation of “click and collect” infrastructure (i.e. an online purchase, with same day pickup at a retail location). And last but not least, the arrival of active, intelligent packaging and intelligent (“Internet of Things”) products, collapsing product life-cycles, rapid product obsolescence and the implications on inventory and supply chain!

We are going to see more change in the world of retail in the next 5 year than we have seen in the last 100. Savvy brands, retailers, shopping mall and retail infrastructure companies are working to understand these trends, and what they need to do from an innovation perspective to turn them from challenge to opportunity.  Futurist Jim Carroll will help us to understand the tsunami of change sweeping retail.

When the GAP went looking for a trends and innovation expert to speak to a small, intimate group of senior executives, they chose Jim Carroll. He has been the keynote speaker for some of the largest retail conferences in the world, with audiences of up to 7,000 people in Las Vegas, including Consumer Goods Technology Business & Technology Leadership Conference • Subway • Multi-Unit Franchise Conference Las Vegas • Produce Marketing Association Fresh Summit • Consumer Electronics Association CEO Summit • Retail Value Chain Federation • Yum! Brands (KFC, Taco Bell, Pizza Hut) Global Leadership Conference • Burger King Global Franchise Meeting • VIBE (Very Important Beverage Executives) Summit • Manufacturing Jewelers Suppliers of America • National Home Furnishings Association • Do It Best Corporation • US Department of Defence Commissary Agency • Readers Digest Food & Entertainment Group Branding/Retail Summit • Professional Retail Store Maintenance Association • National Association of Truck Stop Operators • Convenience U annual conference • Point of Purchase Advertising International Association • Chain Drug Store Association of Canada • Canadian Council of Grocery Distributors • Canadian Federation of Independent Grocers

 

Here’s the thing. Disruption isn’t just Uber and AirBnB and others. It’s more. It’s fast science, robotics, 3d printing, exponential technology, new materials, big dreamers, the rise of the small and so much more!

Watch this video NOW. Disruption is real, it’s happening now,  is is much bigger than you think!

One of my key responsibilities as a futurist is to help my clients — some of the largest associations and companies in the world — align themselves to the fast paced trends of today. One key question that always comes up? “When do we get involved with any key trend?”

I walk them through that issue from a variety of perspectives and with observations I’ve seen from spending time with countless Fortune 1000 organizations. However, I stress that when it comes to the issue of timing, it is critical that they get involved in some way with any new trend or technology.

Some don’t. History has taught as that some when it comes to key trends, some organizations don’t bother showing up at all or don’t show up at the right time — and end up missing a lot of opportunities. Hence, the quote in the picture!

How do you determine when to invest? The best guidance comes from something called the “Gartner Hypecycle.” Years ago, the global research company suggested that any new technology goes along a curve – it appears, hits the time of excessive hype and expectations. That is followed by the inevitable collapse of enthusiasm as people realize that it takes a lot of time and effort to implement the technology and determine the opportunity that comes from it. But inevitably, both the expectations and technology itself matures, and it becomes a key component for innovation and so much more.

You can take any technology and place it on the curve.

Consider e-commerce: it appeared, and people got carried away with the potential during the dot.com era of the late 1990’s. However, that involved a period of rather excessive and ridiculous hype, and so we had the inevitable dot.com collapse. Plateau of productivity? Amazon is steamrolling retail in North America, and Alibaba dominates retail trends in China. Everywhere, stores are closing and online shopping is accelerating. Amazon buys Whole Foods. Do you get the point?

Now consider the explosion of new technologies around us today: 3D printing, the Internet of Things (#iot), virtual reality, artificial intelligence, self-driving cars. A key component to your strategy is figuring out where they are on the curve, and hence, what you should be doing with them in terms of an innovation strategy. There are some useful observations to be found online, such as this one which takes the hype-cycle and places a variety of technologies at their current point on the curve.

But here’s the thing: if a key technology shows an opportunity, don’t ignore it if it is still early days. Otherwise, there is a good chance that you won’t be ready when it becomes real – when it hits the plateau of productivity. 

This is where my “think big, start small, scale fast” mantra comes into play. Even if it is early days, you should make sure that you are working with, experimenting with, and gaining expertise in any new technology. Fail early and fail fast! That way, you will be better positioned when it hits the “plateau of productivity.”

One thing I’ve learned? Some organizations don’t take this step. They don’t show up to the starting line. They are too dismissive of new ideas and new technologies The result is that they don’t even appear in the race, and miss out on building up the early expertise and experience with a key technology.

I’ve just put up another “highlight” post about the fascinating events that I’ve keynoted or spoken at for the 2nd quarter of the year. It’s a good overview of the unique topic areas and clients that I take on.

So how do these events come about? I’m often asked by people as to how clients discover and book me. Some of it happens directly – through word of mouth, previous clients, or by people finding my Web site and learning about the highly customized keynotes that I do. But a good number of my bookings also come in from a number of major global speakers bureaus who have actively represented me for a number of years.

In mid-April, my wife and I visited the Washington Speakers Bureau, one of several major bureaus who actively represent and book me. Right at the entrance, I was reminded that they are a real class act with a welcome sign. There I was!

These bureaus are aware of my expertise, the topics I cover, and most importantly, how I work with their clients to build a highly relevant customized presentation. (Should you have found me through one of these bureaus, let’s make sure they are involved in any contracting process. It makes no difference to your cost, and they can help to ease the contracting and logistics process. They are also an invaluable resource when you are looking for other speakers or people of note).

Given their role, I invest a lot of time with my bureau partners. They are critical in helping people find the right experts for particular meetings, and only represent people who have proven themselves in terms of insight, content, and presentation capabilities. Some of my partners are the biggest in the industry: they range from groups such as Dallas based Gail Davis & Associates (who booked me into the PGA of America and an event in St. Andrews Scotland in one year!!!),  the Washington Speakers Bureau, Keppler Speakers, Leading Authorities (all in Washington),  and the Toronto based National Speakers Bureau, among many others.

I often take the time during my travels to visit with these folks to keep them up to date. This quarter saw two great visits, to the Washington Speakers Bureau and to the Harry Walker Agency.

Walking into WSB was fun — for my visit, they did place my book, The Future Belongs to Those Who are Fast, next to those of some other folks they represent.

(I am not under any delusions; the spot is used regularly, and it was replaced shortly after  when Simon T. Bailey visited…)

In any event, I met with 25 folks on the WSB team and had a great discussion on the trends, topics, business issues and more that I am seeing in the industry. I ended up writing a blog post that they distributed to their client list: take a moment to read Keeping Up with the Speed of Change: Future Trends in the Speaking Industry.

I also had the chance to visit one of the other bureaus that represents me, the Harry Walker Agency in New York City, just a few weeks ago. They have a great client list; for example, they booked me in to headline the Sports & Fitness Industry Association leadership meeting, where I had the distinct honour of being followed on stage by Roger Goodell, Commissioner of the NFL.

The neat thing about Harry Walker is that they are the exclusive agent for another couple of folks new to the speaking circuit.  (What I would give to share the stage with either of them! Being an optimistic futurist, I am pretty certain that this will happen! Michelle and Barack, here’s to a great keynote together at some point! I’ll cover the future trends, and one of you will talk about what we need to do to get there — or something like that…..)

I take a lot of care to ensure that all of my bureau partners are kept in the loop on my topics, and these visits are a critical part of the process. These are but two; I’ve visited many of my other partners through the years.

To cl0se out this post, here’s one other speakers bureau item of note: just the other day, I had a session with the Board of Directors of a major credit union in Toronto; it was held at the Westin Airport Hotel in that city.

Driving in, I realized that this was the very hotel where I did my very first speaking gig, way back in October 1993, for a packaging company. That event, which would launch a carerer that now spans 24 years and over one million people, was arranged by my longest surviving speakers bureau parters, the National Speakers Bureau in Toronto.

 

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