capitalizing on the driving forces of change · 2019-06-25 · businessweek most innovative...
TRANSCRIPT
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Managing the futureCapitalizing on the
Presented by Robert B. Tucker
EskoWorld 2019
Innovation Resource Consulting Group
Nashville, Tennessee, June 24th, 2019
Driving Forces of Change
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DRIVING FORCES OF CHANGE
TECHNO-TRENDS
TRENDS
FADS
Duration and Impact
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DRIVING FORCE of change:AGE OF ACCELERATION
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Act Ahead
Look Ahead
Think Ahead
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LOOK AHEAD PRINCIPLE The further backwards you
can look the farther forward you can see.
1440: Johann Gutenberg invents the printing press and
sets off a revolution
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Industry 1.0
1700s
Mechanization, Steam Power,
Weaving Loom
Industry 2.0
1800s
Mass Production, Assembly Line,
Electrical Energy
Industry 3.0
1900s
Automation,
Mainframes, and Electronics
Industry 4.0
TODAY
5G, A.I.,Internet of Things,
Global Supply Chains
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the 2nd Industrial Revolutionthe 4th Industrial Revolutionthe 3rd Industrial Revolutionthe 1st Industrial Revolution
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Moore’s Law is driving the 4th Industrial Revolution
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LINEAR VS. EXPONENTIAL change
Human Adaptation
time
We are Here
Can we go back here?
Moore’s Law
Rate
of ch
ange
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Source: Babson Olin School of Business
“In 10 years, over 40% of the
FORTUNE
will N0 LONGER be around.”9
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Source: Professor Richard Foster, Yale University
“In 10 years, more than three fourths of the S&P 500 will be companies that we have not heard of yet.”
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Source: Bureau of Labor Statistics
Over the next 10 years…
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Travel Agents
TaxiDriver
Switch-board
OperatorsPublishers
File Clerks
Printers
Data Entry
Keyers
Locomotive Firers
HomeAppraisers
Parking Enforcement
Workers
Computer Operators
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Solutions Architect
Data Scientist
Solar Panel
Installer
Wind Turbine
Technician
Product Designer
Enterprise Account
Executive
Customer Success
Manager
Genetic Counselor Home
Health Aids
these jobs will add millions of workers
Source: Bureau of Labor Statistics and Linked In
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THE 3 A’S OF AUTOMATION, ANALYTICS AND ARTIFICIAL INTELLIGENCE WILL transform the workplace OVER THE NEXT DECADE.
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Source: McKinsey
“Currently demonstrated technologies could
automate 45 percent of the activities people are paid to perform today.”
Source: McKinsey Global Institute 2017
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As automation impacts the pharmacy
profession, pharmacists will need to rethink
how they add value.
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LOOK AHEAD PRINCIPLE Track trends and try out ways of experiencing the future, such as these age
simulation suits.
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What’s the view over the breakfast table going to be?
LOOK AHEAD PRINCIPLE Foresight is a Learned
Behavior. Think 10 years out and work backwards.
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those who manage the future are the ones who will inherit the future.
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Look Ahead
Think Ahead of the curve
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Innovation Design Team at Viva Mobile, Bahrain
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What were they thinking?
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Businessweek most innovative companies 2006
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INNOVATION BARRIERS, 2006
Source: TIR Survey of Nokia High Potential Leaders 24
Legacy business
slows change
Operational mindset
dominates
Large corporation
syndrome
Short-term focus
Little budget freedom to experiment
Lack of time to work on new ideas
We are a risk
averse culture
Resource constraints
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What were they thinking at radio shack?
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DISRUPT YOURSELF!
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Fortify your idea factory
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Opportunity mode
Dreamer mode
Sustainer mode
defeatist mode
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SCHEDULE A DOUG DAY
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Assault your assumptions
Ask a different question
Look for a 3rd option
Study examples
from history
Invite others to think big
Become aware of your own
assumptions
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HOW PELOTON THINKS
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Look Ahead
Think Ahead
Act Ahead of the curve
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Product Process Strategy
Breakthrough
Substantial
Incremental
YOUR COMPANY’S INNOVATION ROAD MAP
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To Cross-Functional Teams
To Breakthrough Ideas
To Risk-Taking Cultures
To Systematic Innovation
To Everybody’s Business
From Operating in Silos
From Incremental Ideas
From Risk-Adverse Cultures
From Operational Focus
From Innovation as Dept.
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INNOVATING HOW WE INNOVATE
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INNOVATION IS
EVERYBODY’S BUSINESS
Obligation?
Or Opportunity?
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1Innovation isn’t something you do after you get your work done. It’s how you approach your work.
2 You can innovate in any job, department, or organization.
3 Don’t wait for others to ask you to innovate.
4Innovation is figuring out how to add value where you are.
5Innovation isn’t just having ideas, it’s about taking action on your ideas.
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Twitter: @RobertBTucker
For More Information:
Robert B. Tucker, President
The Innovation Resource
(805) 682-1012
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