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Jim CarrollFuturist, trends & innovation expertFuturist, trends & innovation expertWhat Do World Class InnovatorsDo That O...
“The world is changing very fast. Big will notbeat small anymore. It will be the fast beatingthe slow.”Rupert MurdochRuper...
• The Walt Disney Company• Northrop Grumman• Swiss Innovation Forum• World Pharmaceutical Innovation Congress• Nestle• Tos...
don’t do -- and what can you learn fromthem?don’t do -- and what can you learn fromthem?don’t do -- and what can you learn...
1. World class innovators arerelentless despiteuncertainty
Historicalwinners?oil shock of 70’s, 80’sand 90’s recession, 00dot com bust60% of companies barelysurvived, 30% died, 10%b...
2. World class innovatorscheck their speedcheck their speed
5 Things That Didn’tExist 10Years Ago!Years Ago!FacebookTwitteriPods / iPhones /IPadsGoogle Mapsthe concept oflocation-bas...
What was REALLY BIGjust five years ago?just five years ago?
Just over5 years ago?5 years ago?• RIM / Blackberry was areally cool brand!• cars were starting toarrive with built-in GPS...
In The Jetsons, the 1960s cartoon classic,George Jetson and his family lived in afuturistic society with housecleaning rob...
3. World class innovators think big &realign themselves to the longer term
“We always overestimate the change that will occur inthe next two years and underestimate the change thatwill occur in the...
“That’s thedumbestthing I everheard!”
What could be REALLY BIGjust five years from now?just five years from now?
By 2017?a SIRI button in everycaraugmented realityscreens with heads updisplayglasses-free 3Ddashboardsinteractive in-carb...
“Imagine a far more extremetransformation, in which advances inIT, biology and engineering allow us tomove much of health ...
“Bioconnectivity”
oxygen concentration in the blood—and send the data wirelessly throughsmartphones to doctors.The Wireless Revolution Hits ...
That means you have this panoramic,high-definition, relatively comprehensiveview of a patient that doctors can use toasses...
That is the essenceof digitizing a humanbeing. For medicalpurposes, itsgetting all theessential data, and itwill be theinf...
years for Appleto sell twomillion iPhones.It took 2 monthsfor them to sell2 million iPads!for them to sell2 million iPads!...
1 millioniPhone4’s!
It took 1 day tosell 1 millioniPhone 4s
Apple sold 5million iPhone4s’s in first 4days
“Wireless health”78% of consumers areinterested in mobilehealth solutionsmedical and health careapps are 3rd fastgrowing c...
Momentum!“500 million mobileusers, or about 30% ofan estimated 1.4 billionsmartphone subscribersworldwide, by 2015Healthca...
“...theyincrease howoftenindividualsthink abouttheir health...”
4. World class innovators reframethe very concept of innovationthe very concept of innovation
?
Run the businessbetterGrow the businessTransform thebusinessWhat isinnovation?
Transformation = Virtual care!
“The hospital as weknow it is coming to an end.”know it is coming to an end.”
Forty percent of physicians surveyed saidthey could eliminate 11 to 30 percent ofoffice visits through the use of mobilehe...
Estimates of annual consumermarket for remote and mobilemonitoring devices is $7.7 billion to$43 billion.Environmental Sca...
“Get ready for e-visits. Texting andemailing have been shown to beeffective tools to connect patientsand physicians effici...
“Researchers at the Universityof Missouri are using sensors,computers and communicationsystems .... to monitor thehealth o...
“....motion sensor networksinstalled in seniors homes candetect changes in behavior andphysical activity, including walkin...
“... portable RV-like units equipped with motionand monitoring systems that allow seniors tomaintain some independence fro...
“Monitoring and in-home helptechnologies will be $20 billionUS by 2020”- Aging in Place TechnologyWatch- Aging in Place Te...
Home care currently accountsfor 3% of the US nationalhealth budget but is growing at9% per year.
Health care interaction?
5. World class innovators alignto acceleration of businesscycles
2009: $9.4billion2010: $21 billion2011: $35 billion
The reality ofproduct life-cyclesnew product revenue hit34% by 2007, up from 21%in 1998more than 70% of typicalsales of a ...
“Chameleon revenue”
“Connected medicine”
“.....interactivepackaging,intelligent andactive packaging,multi-sensorypackaging, ediblepackaging ...packaging asmini-bil...
Some experts predict that in the near future,tens of millions of Americans will be tethered togadgets that will automatica...
“The quality of care in the hospital setting canbe facilitated through wireless technologies.This includes the ability to ...
6. World class innovators adapt toSilicon-Valley innovation velocitySilicon-Valley innovation velocity
Velocity!• it took $3 billion tosequence the firstgenome• 2009, $100,000• it’s now under$10,000• by end of year,$1,000
device IPlocation intelligencesensor awareness•sensor awareness•sensor awareness
A change inthe concept ofpackagingthe concept ofpackaging“.....interactivepackaging, intelligentand active packaging,multi...
By 2017?packaging that talks to youpharma packaging that does“electronic event monitoring” forpatient adherencefood packag...
8. World class innovators ridegenerational acceleration!
?????
“We always overestimate the change that will occur inthe next two years and underestimate the change thatwill occur in the...
“Progress is great, but it’sgone on far too long”Ogden Nash
half of the globalpopulation <25globally wired,entrepreneurial,collaborative, changeorientednow driving rapidbusiness mode...
“Some people see a trend,and see a threat.Innovators see the sametrend, and see anopportunity”
thinkbigstart smallscale fast
ObserveThinkChangeDareBanishTryQuestionGrowDoEnjoy!
Jim CarrollAuthor, Columnist, Nice Guywww.jimcarroll.com 905.855.2950www.jimcarroll.com 905.855.2950www.jimcarroll.com 905...
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
What Do World Class Innovators Do That Others Don't Do?
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What Do World Class Innovators Do That Others Don't Do?

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Jim Carroll, Author, Columnist, Futurist, Innovation and Trends Expert
Jim Carroll is one of the world's leading international futurists, trends and innovation experts, with a client list that ranges from Northrop Grumman to Johnson & Johnson, the Swiss Innovation Forum to the National Australia Bank; the Walt Disney Organization to NASA. His focus is on helping to transform growth oriented organizations into high-velocity innovation heroes.

He has a unique professional background as a Fellow Chartered Accountant, author, and frequent speaker at corporate and association events. Jim loves to golf, but isn't very good at it, which caused him some amazement when he was invited to open the 94th Annual General Meeting of the PGA -- the Professional Golf Association of America -- to challenge 500 golf pros as to how to think about innovation and future trends.

Jim was the first speaker the PGA has ever engaged to speak at their AGM, and has high hopes that he has helped to shape the future direction of the world's largest sport. He's also hoping to inspire you in a similar way.

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Transcript of "What Do World Class Innovators Do That Others Don't Do?"

  1. 1. Jim CarrollFuturist, trends & innovation expertFuturist, trends & innovation expertWhat Do World Class InnovatorsDo That Others Don’t Do?
  2. 2. “The world is changing very fast. Big will notbeat small anymore. It will be the fast beatingthe slow.”Rupert MurdochRupert Murdoch
  3. 3. • The Walt Disney Company• Northrop Grumman• Swiss Innovation Forum• World Pharmaceutical Innovation Congress• Nestle• Toshiba Australia• Consumer Electronics Association CEO Summit• Pearson PLC• NASA Goddard Space Center• RGA Reinsurance• Siemens• Johnson & Johnson• Pfizer• McKesson
  4. 4. don’t do -- and what can you learn fromthem?don’t do -- and what can you learn fromthem?don’t do -- and what can you learn fromthem?
  5. 5. 1. World class innovators arerelentless despiteuncertainty
  6. 6. Historicalwinners?oil shock of 70’s, 80’sand 90’s recession, 00dot com bust60% of companies barelysurvived, 30% died, 10%became breakthroughperformers“...because of choicesthey made in therecession..”GE’s Chief InnovationConsultant
  7. 7. 2. World class innovatorscheck their speedcheck their speed
  8. 8. 5 Things That Didn’tExist 10Years Ago!Years Ago!FacebookTwitteriPods / iPhones /IPadsGoogle Mapsthe concept oflocation-basedtechnology andintelligent packaging!
  9. 9. What was REALLY BIGjust five years ago?just five years ago?
  10. 10. Just over5 years ago?5 years ago?• RIM / Blackberry was areally cool brand!• cars were starting toarrive with built-in GPS!• the Apple App Storewas just opening!• Google StreetViewwas just appearing forthe first time
  11. 11. In The Jetsons, the 1960s cartoon classic,George Jetson and his family lived in afuturistic society with housecleaning robotsand programmable appliances. (George alsologged on to FaceTime chats with his boss,and he read his news from a screen.)Popularity surging for smart-home technology15 March 2013, The Philadelphia Inquirer15 March 2013, The Philadelphia Inquirer15 March 2013, The Philadelphia Inquirer
  12. 12. 3. World class innovators think big &realign themselves to the longer term
  13. 13. “We always overestimate the change that will occur inthe next two years and underestimate the change thatwill occur in the next ten. Don’t let yourself be lulledinto inaction.” Bill Gates
  14. 14. “That’s thedumbestthing I everheard!”
  15. 15. What could be REALLY BIGjust five years from now?just five years from now?
  16. 16. By 2017?a SIRI button in everycaraugmented realityscreens with heads updisplayglasses-free 3Ddashboardsinteractive in-carbillboards (“take methere!”)payment technologyembedded into the in-car dashboard
  17. 17. “Imagine a far more extremetransformation, in which advances inIT, biology and engineering allow us tomove much of health care out ofhospitals, clinics and doctors offices,and into our everyday lives.”Our high-tech health care futureNew York Times, 10 Nov 2011New York Times, 10 Nov 2011New York Times, 10 Nov 2011
  18. 18. “Bioconnectivity”
  19. 19. oxygen concentration in the blood—and send the data wirelessly throughsmartphones to doctors.The Wireless Revolution Hits MedicineWall Street Journal, February 2013
  20. 20. That means you have this panoramic,high-definition, relatively comprehensiveview of a patient that doctors can use toassess and manage disease, and thatpatients can use to help maintain theirhealth and direct their own care.The Wireless Revolution Hits MedicineWall Street Journal, February 2013Wall Street Journal, February 2013Wall Street Journal, February 2013
  21. 21. That is the essenceof digitizing a humanbeing. For medicalpurposes, itsgetting all theessential data, and itwill be theinformation toradically transformthe future ofmedicine.Dr. Eric TopolAuthor
  22. 22. years for Appleto sell twomillion iPhones.It took 2 monthsfor them to sell2 million iPads!for them to sell2 million iPads!for them to sell2 million iPads!
  23. 23. 1 millioniPhone4’s!
  24. 24. It took 1 day tosell 1 millioniPhone 4s
  25. 25. Apple sold 5million iPhone4s’s in first 4days
  26. 26. “Wireless health”78% of consumers areinterested in mobilehealth solutionsmedical and health careapps are 3rd fastgrowing category foriPhone and Androidphonesthe Apple App storenow has 17,000 healthcare related apps, 60%of which are aimed atthe consumer
  27. 27. Momentum!“500 million mobileusers, or about 30% ofan estimated 1.4 billionsmartphone subscribersworldwide, by 2015Healthcare in your handsInternational Herald Tribune, March2011
  28. 28. “...theyincrease howoftenindividualsthink abouttheir health...”
  29. 29. 4. World class innovators reframethe very concept of innovationthe very concept of innovation
  30. 30. ?
  31. 31. Run the businessbetterGrow the businessTransform thebusinessWhat isinnovation?
  32. 32. Transformation = Virtual care!
  33. 33. “The hospital as weknow it is coming to an end.”know it is coming to an end.”
  34. 34. Forty percent of physicians surveyed saidthey could eliminate 11 to 30 percent ofoffice visits through the use of mobilehealth technologies like remote monitoring,email or text messaging with patients.Environmental Scan 2013Hospitals and Health Networks, Sept. 2012Hospitals and Health Networks, Sept. 2012Hospitals and Health Networks, Sept. 2012
  35. 35. Estimates of annual consumermarket for remote and mobilemonitoring devices is $7.7 billion to$43 billion.Environmental Scan 2013Hospitals and Health Networks, Sept. 2012Hospitals and Health Networks, Sept. 2012Hospitals and Health Networks, Sept. 2012
  36. 36. “Get ready for e-visits. Texting andemailing have been shown to beeffective tools to connect patientsand physicians efficiently.Additionally the use of emailcommunications and telephonevisits cuts office visits by 26percent, improving the efficiency ofambulatory care.”
  37. 37. “Researchers at the Universityof Missouri are using sensors,computers and communicationsystems .... to monitor thehealth of older adults who areliving at home.”
  38. 38. “....motion sensor networksinstalled in seniors homes candetect changes in behavior andphysical activity, including walkingand sleeping patterns...earlyidentification of changes canprompt health care intervention....”
  39. 39. “... portable RV-like units equipped with motionand monitoring systems that allow seniors tomaintain some independence from thebackyard of their adult childrens homes.....”
  40. 40. “Monitoring and in-home helptechnologies will be $20 billionUS by 2020”- Aging in Place TechnologyWatch- Aging in Place TechnologyWatch
  41. 41. Home care currently accountsfor 3% of the US nationalhealth budget but is growing at9% per year.
  42. 42. Health care interaction?
  43. 43. 5. World class innovators alignto acceleration of businesscycles
  44. 44. 2009: $9.4billion2010: $21 billion2011: $35 billion
  45. 45. The reality ofproduct life-cyclesnew product revenue hit34% by 2007, up from 21%in 1998more than 70% of typicalsales of a manufacturer willbecome obsolete over 6yearsfashion and hi-techobsolete within 1-2 years“Silicon Valley-ization” willdrive this trend into mostother sectors
  46. 46. “Chameleon revenue”
  47. 47. “Connected medicine”
  48. 48. “.....interactivepackaging,intelligent andactive packaging,multi-sensorypackaging, ediblepackaging ...packaging asmini-billboards...”
  49. 49. Some experts predict that in the near future,tens of millions of Americans will be tethered togadgets that will automatically send their vitalsigns to medical professionals, relatives andconcerned friends ... the trend is widelyexpected to transform the relationship betweenpatients and physicians.Wireless medical monitors set to transformpatient careSan Jose Mercury NewsSan Jose Mercury NewsSan Jose Mercury News
  50. 50. “The quality of care in the hospital setting canbe facilitated through wireless technologies.This includes the ability to track everymedication that is ingested, using pills taggedwith digestible sensors that are activated inthe stomach by the change in pH.”Wireless medical monitors set to transformpatient careSan Jose Mercury NewsSan Jose Mercury NewsSan Jose Mercury News
  51. 51. 6. World class innovators adapt toSilicon-Valley innovation velocitySilicon-Valley innovation velocity
  52. 52. Velocity!• it took $3 billion tosequence the firstgenome• 2009, $100,000• it’s now under$10,000• by end of year,$1,000
  53. 53. device IPlocation intelligencesensor awareness•sensor awareness•sensor awareness
  54. 54. A change inthe concept ofpackagingthe concept ofpackaging“.....interactivepackaging, intelligentand active packaging,multi-sensorypackaging, ediblepackaging ... packagingas mini-billboards...”
  55. 55. By 2017?packaging that talks to youpharma packaging that does“electronic event monitoring” forpatient adherencefood packaging thatautomatically uploads calorie,carb, sodium and other data toa customer’s smartphonepackaging with a unique code --send a text to very the productis not counterfeitpackaging that lights up whenyou pick it up!
  56. 56. 8. World class innovators ridegenerational acceleration!
  57. 57. ?????
  58. 58. “We always overestimate the change that will occur inthe next two years and underestimate the change thatwill occur in the next ten. Don’t let yourself be lulled intoinaction.” Bill Gates
  59. 59. “Progress is great, but it’sgone on far too long”Ogden Nash
  60. 60. half of the globalpopulation <25globally wired,entrepreneurial,collaborative, changeorientednow driving rapidbusiness modelchange, and industrytransformation as theymove into executivepositions
  61. 61. “Some people see a trend,and see a threat.Innovators see the sametrend, and see anopportunity”
  62. 62. thinkbigstart smallscale fast
  63. 63. ObserveThinkChangeDareBanishTryQuestionGrowDoEnjoy!
  64. 64. Jim CarrollAuthor, Columnist, Nice Guywww.jimcarroll.com 905.855.2950www.jimcarroll.com 905.855.2950www.jimcarroll.com 905.855.2950
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