Presenting a) Mega Trends in the business world that affect small and medium-sized enterprises, b) the op ten technologies that promote creative disruption, and c) how to proceed in implementing some of them.
Sample Of Professions Being Affected
• Teachers, Professors
• Doctors, Nurses
• Lawyers, Paralegals
• Clerks, Tellers, Servers
• Servers, Taxi Drivers
• Accountants
• Engineers
• Workers (Construction, Farming, Manufacturing …)
Important Note
Over 3 dozen
professions have
disappeared the last
100 years!
More than that will
disappear the next
20 years!
The Media Are Already Forecasting
What Will Happen Next
They scare people
with bad news!
However, there will
be a truckload of
new jobs and
professions for
people that have
The Right Skills!
Some major corporations (like
Siemens) are introducing their
own Apprenticeship Schools
(sort of Community Colleges)
because they are giving up for
schools to do the right thing!
Our schools need to rethink
what skills they offer to their
students!
This number is supposed to climb
to 5M in the next few years!
Key Question:
• How many schools are preparing their students
for Smart Factories and Smart Cities?
• The answer is:
Only a handful!
So, What Are The Right Skills?
(at a high level)
• Being technologically & IT / IM savvy
– Knowing how to install, program, operate,
maintain and repair robots, drones, CNC
machines, 3D printing machines, etc.
• Being autonomous ready
– Knowing how to operate/function without
supervisors, managers or other “superiors”
• Being sociable and approachable heartened
Key Point
The changes you are
about to see affect
enterprises of all sizes.
The BAU (Business As Usual)
went out with home
phones and analog TVs!
The World Is Transforming All Around
Us. Here Is Proof:
The rate of transformation is
accelerating and so does the
failure rate.
The Industrial Era’s norms,
behaviors and business
practices are over!
Our Current Era Has Many Names
• The Digital Age /Digital Economy
• The Conceptual Age
• Creative Disruption / Creative Economy
• The Shared Economy
• The Virtual Age / Virtual Economy
• The Relationship Economy; E2E or Collaborative
Economy
• The Cognitive Era
• The Petabyte Era, etc.
Qualification
• Small Ma & Pa stores, small job shops, small
(specialty) boutiques, flower shops, garages,
and other small businesses will survive due to
the nature of where they are located, the
offering that they provide, and the timeliness
of their service. So, we are NOT addressing
those types of businesses that are typically
less than $10M in annual revenues. The
world will always need the “niche players”.
Let’s See Some Seismic (a.k.a. Paradigm)
Shifts That Are Going On
Proof: Vertical Farms
(Smart Agriculture)
90% less water, 3-6X more crops … integrating
rural and urban life all over again!
Portable Farms
This approach is already take off in
West Dallas. One grower provides
fresh fruits and vegetables to 11
restaurants!
(The pix here are not from his farm)
Intelligent Medicine & Diagnostics
(“Intel Inside” will mean something different from now)
ER admissions and doctor visits will drop dramatically
Diagnostics
you can
swallow!
The Digital Age Creates New Lead
Generation Engines On A Regular Basis
Traditional (Outbound) Marketing
+ Guerrilla Marketing
+ Digital Marketing (incl. Social
Media & Content Marketing)
Over 80 lead generation engines!
Most SMEs use <6 engines!
(on the average)
… And It Is Even Bigger Than This:
New
Industries
Infotainment
E-Consulting
Innovation
Everything You Wanted
and You Were Afraid to Ask …
(And Eventually All Devices Will Be Removed)
Order anything, charge anything, check anything, act on anything, learn anything …
Any time of the day, any time zone, any place, any language, any currency …
#4: Mass Personalization
Mass Customization: Offering
a menu of options for the
customer to choose from.
Mass Personalization:
Allowing the customer to
co-invent, co-create!
Moreover …
It’s about offering UNIQUE EXPERIENCES
--- adapted to individuals’ interests and
behaviors
Add to all of the above: Online Community (through Social Media), CRM type data
base that captures preferences, frequencies, special requests, customized content,
personalized invitations, expedient (same day) deliveries, etc.
… one legendary Google Engineer is saying
this will be as transformative as the discovery
of electricity! Leading research firm McKinsey
and Co. is predicting that this tech represents
a mind-boggling $19.9 TRILLION opportunity.
A Great Benefit:
Truly Autonomous Workforce
Smart Machines require Smart Workers that have
all the information, knowledge and skills to run
them without Supervisors and Managers.
#7: Internet Of Things (IoT)
And 55+ billion devices interconnected ---
per IBM
Why IoT Is Important
• Better choices
• More choices
• Spend more
• Do more
• Get more
Top Benefit For SMEs
• Tremendous gains from knowledge/wisdom
transfer and collaboration --- they instantly
access the world’s biggest library, if only they
know how to use it right
Why Start Now?
Because IoT Is A Journey
• A Smart City usually needs a plan for a 20 year
implementation. Why? Because there are too
many pieces to it. The plan includes:
– Smart poles
– Smart energy grid and smart power
– Smart cameras and traffic signals
– Smart infrastructure and connections
– Smart instrumentation and decision making, etc.
Industry 4.0
(The 4th Industrial Revolution)
Industry 4.0
Integrating automation
and data exchanges
with manufacturing
technologies. It
includes Cyber-Physical
Systems (CPS
embedded computers
and networks that
monitor and control the
physical processes, with
feedback loops), the
Internet of Things and
Cloud Computing.
Key Realization
• Smart Cities will need Smart Schools. Smart
Factories, Smart Infrastructure, Smart People,
Smart Everything!
One cannot have Smart Factories in
Dumb Cities!
IIoT Is The Infrastructure
For Business Ecosystems
The Business Ecosystem
is also the
Innovation Ecosystem
This is where IoT and
IIoT play a major role
Benefits
• Saves prototyping time
• Saves assembly time
• Saves materials
• Builds intricate designs that could not be
achieved before
• Saves logistics time and costs (packaging,
warehousing, loading, transporting,
unloading)
There Are Infinite Applications
MIT students
have built a
complete
house in less
than a day!
Now they can
combine
robots and 3D
Printing into
one device!
Creative Disruption Is All About
Innovation and Invention
A whole new industry is born: 3DM as 3rd parties capable of
manufacturing parts for several other corporations. This is a
new form of Outsourcing, based on the concepts of
The Digital Economy and Shared Economy!
Can SMEs Utilize Such Technologies?
• Any technology that will allow you to increase
productivity, connectivity, flexibility,
responsiveness … and security is useful
• Any technology that will help improve quality,
dependability, time-to-market, speed,
relationships … and price is useful
• And don’t forget improvements in reputation,
credibility, brand image and trustworthiness
Two Great Starting Points
1. Social Media
– Lead generation engines
– Networking and relationship building
– Reputation building
2. Cloud Computing
– Data Management
– Storage Management
– Shared Information Management
– Shared Knowledge Management
There Are 3 Ways To Prepare For The
Future
1. To Prepare For The Future You Need To
Shape It -- Or Someone Else Will
(https://www.forbes.com/sites/gregsatell/2015/05/22/to-prepare-for-
the-future-you-need-to-shape-it-or-someone-else-will/#12af9c163d0f )
– It’s self-explanatory
2. Become Future-Ready
– See next slide
3. Build-out the missing pieces
– See next slide
Become Future-Ready
• Prepare yourself and your employees for an
automated future and world.
– Learn-learn-learn; absorb, internalize, externalize
– Digital and media literacy are paramount
• Hire the best and brightest
– High IQ-EQ-SQ, high cognitive, interpersonal,
innovation, critical and decision making skills
• Stay in tune and in touch with what is going on
• Adopt leading edge technologies
Why SQ-EQ-SQ Are Needed
Schools and
businesses do NOT
cultivate or
measure all three.
Measuring and
rewarding IQ alone
is a major mistake!
Build-Out The Missing Pieces
• Move to the Cloud; connect to the IoT
• Belong to someone’s (a big corporation’s)
business-innovation ecosystem
• Start automating
• Utilize the latest technologies
– Utilize state-of-the-art or cutting edge
technologies (not bleeding edge)
• Create the right environment and culture
BTW, All The Info Is Out There.
All One Has To Do Is Read About It
You Have To Join Our Next Meeting To
Hear What This Is All About
Info
This presentation can be downloaded from this
website:
www.bizsmarter.com
www.internationalinnovationcenters.com
For more info please contact Phil Andrews at:
972-672-6657