On March 1st at 11:00 EST, I will be participating on a Coffee Break with Game Changers show hosted by Bonnie D. Graham. An abstract for the show can be found below. You can listen Live or On-Demand, typically two hours after the show.
Back in 2013, as Smartphone use was growing, I wrote about Next Generation Experiences; viewing customer experience through a lens of constant change, where failure to address foundational elements meant falling further behind. Since then, our mode of interaction witnessed a third transformation, as touch became a critical piece of our everyday experiences. Now, we find ourselves approaching the next significant change in interaction paradigms: the Fourth Transformation driven by mixed reality.
A PDF version of the visual can be found here.
Heidi Schwende recently shared a picture on LinkedIn that perfectly captures the challenges facing large traditional companies. Exponential progression, the pace it is driving, and the capacity of companies native to digital to innovate put the traditional company at a severe disadvantage.
In a recent post titled Demonetized Cost of Living, Peter Diamandis describes how technological socialism (i.e. having our lives taken care of by technology) will drive our cost of living close to zero. A similar case was made by Economist Jeremy Rifkin in his book titled The Zero Marginal Cost Society. Diamandis defines demonetization as the ability of technology to take a product or service that was previously expensive and making it substantially cheaper, or potentially free; removing money from the equation. Demonetized is one of the Six D’s of digital, as described by Diamandis and captured in one of my visuals below.
I participated in a radio show yesterday brought to you by Coffee Break with Game Changers. The show was hosted by Bonnie D. Graham and is now available on-demand here. When asked about a leadership trait required to effectively navigate our exponential future, I echoed something I have positioned many times via this Blog: Connecting Dots. The speed dimension that has accelerated our pace will put those dots in constant motion – so it’s a continuous state of connecting that makes this more challenging than our forward looking efforts of the past. The foundation for this argument was positioned in my post describing how Disruptive Power Lies at the Intersections. This visual from that post leverages my anchor visual on our emerging future.
The airwaves are filled with talk of exponential technologies like Blockchain, Artificial Intelligence, Robotics, Renewable Energy and more. In addition, societal factors that influence or are influenced by technology are getting more attention. So what’s the buzz?
An article on Blockchain uses eight visuals to describe The Future of Blockchain and provides a Financial Services adoption timeline. The adoption scenario predicts that Blockchain will move past the Innovators phase in 2016 and reach 13.5 percent of early adopters within financial services. The tipping point is then expected to happen in 2018, as the early majority begins to see benefits realized by early adopters, and new models emerge. The growth phase lasts until 2025 when Blockchain goes main stream within financial services. This visual from the article captures the adoption cycle.
A separate piece by Mckinsey focuses on Blockchain in Insurance. A key take away from this report is that Blockchain is yet another example of an ecosystem growing beyond traditional industry.
I will be participating in another radio show brought to you by Coffee Break with Game Changers. The show is hosted by Bonnie D. Graham tomorrow 7-12-16 at 10:00 am EST. You can listen live or at your convenience after the show.
The buzz: Need X-ray vision? Business and social cultures are changing faster and in more ways than we ever imagined! Take Brexit, where an economic, political and social ripple disrupted the world after a majority vote by UK citizens to leave the EU. Compounding this, new technology innovations – i.e., virtual reality systems, artificial intelligence, self-driving cars, the Internet of Things – are transforming every company, while new business models are transforming entire industries. How can you see “around corners” and be proactive? Ask a Futurist for the secrets behind their long-range lens. The experts speak. Frank Diana, TCS: “The future started yesterday and we’re already late” (John Legend). Gray Scott, Futurist: “It is better to err on the side of daring than the side of caution” (Alvin Toffler), Kai Goerlich, SAP: “The future belongs to those who see possibilities before they become obvious.” (Oscar Wilde) Join us for What’s Next for Your Business? Ask A Futurist!