Tag Archives: Trends

The Rise of Digital Health: What Does it Mean for the Future?

The Rise of Digital Health: What Does it Mean for the Future?

GUEST POST from Chateau G Pato

The healthcare industry has taken a decidedly digital approach to patient care in recent years. The rise of digital health technologies, from telemedicine to wearables, is changing how patients are treated, how diseases are managed, and how doctors communicate with each other. But what does this trend mean for the future of healthcare? This article examines a few examples of digital health technology and their potential implications for the industry as a whole.

Case Study 1 – Telemedicine

The first example of digital health technology is telemedicine. Telemedicine is the use of video conferencing, the telephone, email, or other electronic means of communication for medical care. Telemedicine has been hailed as a way to help increase access to medical care, allowing patients to communicate with remote providers, saving time, and reducing costs associated with transportation and other factors. What’s more, telemedicine can also reduce patient wait times and provide care in areas where healthcare services may not be readily available. In rural areas, for example, telemedicine can offer much needed access to specialists or treatments that may not be available locally.

Case Study 2 – Wearables

Another area of digital health technology is wearables. Wearables are devices, such as smartwatches and fitness trackers, that measure and transmit real-time patient data. Used in conjunction with healthcare applications, wearables can help monitor and manage chronic conditions such as diabetes, hypertension, and obesity. Additionally, wearables can be used to track and monitor patient activity, diet, and other lifestyle factors in order to provide useful insights. Furthermore, integrated with healthcare technologies, wearables can be used provide customized advice and treatments for patients, allowing providers to better understand and address patient needs.

Conclusion

Digital health technology is already proving to be a valuable asset to the healthcare industry, and its implications for the future are numerous. As the cost of care continues to rise and access to medical care remains limited in many areas, digital health technology can offer an effective and cost-effective solution to improve patient outcomes and bring greater efficiencies to medical care. From easier access to remote providers to better monitoring and management of chronic conditions, there is no doubt that digital health technologies will continue to shape the future of healthcare.

Bottom line: Futurology is not fortune telling. Futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: Pexels

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How Organizations Can Utilize Futures Research for Strategic Planning

How Organizations Can Utilize Futures Research for Strategic Planning

GUEST POST from Chateau G Pato

Organizations of all sizes are becoming increasingly aware of the value of predicting future trends and utilizing them for future strategic planning. Futures research, which involves forecasting potential development trends and analyzing their impacts, can be an extremely powerful tool in setting both short-term and long-term business goals. By effectively leveraging the insights uncovered from futures research, companies can save time, resources, and money while making better data-driven decisions.

Futures research enables organizations to better assess risk, identify opportunities, and formulate plans to best capitalize on them. It also helps anticipate potential changes in the industry and the economic environment, allowing them to devise the most proactive strategies. With this knowledge, organizations can make educated decisions on pricing, marketing tactics, product development, and other business activities.

Case Study 1: Predicting Consumer Preferences

A retail clothing store wanted to better understand their customer base and anticipate their preferences in the coming year. As part of their futures research, the store analyzed past consumer data to determine current purchasing trends, evaluated the impacts of seasonality, and identified potential future shifts in the market. Armed with these insights, the organization was able to adjust their inventory and make more targeted marketing campaigns to better align with their customer base.

Case Study 2: Enhancing Risk Management

An energy company wanted to more accurately measure their risk exposure to potential economic changes and competitive disruptions. As part of their strategic planning activities, they engaged a professional research firm to conduct a full futures research analysis. The analysis included a comprehensive review of the current market, the impact of potential political and economic events, and competitor strategies. Armed with these insights, the organization was able to make informed decisions that limited their future risk exposure.

Conclusion

Overall, utilizing futures research provides organizations with a comprehensive perspective on both their current and future business operations. By leveraging this approach as part of their strategic planning activities, organizations can stay ahead of the curve and plan more effectively for the future. Furthermore, it is imperative for managers to stay up-to-date on industry trends as they can provide powerful operational insights and help organizations stay competitive.

Bottom line: Futurology is not fortune telling. Futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: Pexels

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7 Trends Driving the Future of Innovation

7 Trends Driving the Future of Innovation

GUEST POST from Robert B. Tucker

Kraft Heinz’ stock is down 50 percent over the past 12 months, turnover in the executive ranks has increased, and the company’s inability to keep pace with changing consumer tastes is largely to blame. In an earnings call with investors, Kraft Heinz CEO Miguel Patricio observed that “we’ve been too focused on the present, and literally on firefighting. We need to focus on our competencies for the future.”

Yet a newly-released survey of over 200 major companies reveals Kraft Heinz is not alone. While most firms believe they’re “picking up on signals of change” that might disrupt their lines of business, fewer than half (42 percent) admit that they’re unable to act on those signals.

This is but one finding from “Benchmarking Innovation Impact” report, produced by Innovation Leader, an information and research firm in Boston, and sponsored by KPMG LLP. The report is an insightful collection of quantitative data about how big companies staff, structure, and fund their innovation efforts and includes interviews with companies like Google, Cisco, Bose, ESPN, and Capital One.

This year’s report surveyed 215 innovation, strategy, and R&D executives at large companies. To understand how the more sophisticated companies in that cohort were different from the average respondent, Innovation Leader identified a set of “role model” respondents that represented about 12 percent of the complete respondent set. These were respondents who’ve had innovation programs and processes in place for several years, and are starting to produce consistent and concrete outcomes.

Here are seven of the most surprising and counter-intuitive findings from this year’s report:

1. Seeing isn’t the same as doing.

Most companies see and talk regularly about the changes affecting their industry — like fast-moving competitors or changing customer behaviors. But they lack the ability to connect those observations to fast action. Call it the “seeing-doing gap.”

2. Rewarding innovation and innovators will always be a challenge.

Said another way, trophies are OK; time and money are better. The most commonly-used incentive to get employees participating in innovation programs is some sort of award or recognition. (“You get an Apple Watch! And you get an Apple Watch!”) But among the role model set of companies, surveyors found a higher percentage of companies supplementing recognition with dedicated time to continue developing an idea (30 percent) or seed funding (22 percent.) Google’s “20 percent time” for pet projects may be a bit of a myth, but some companies are trying to help employees get the time and funding they need to keep moving their projects forward.

3. Revenue generation is the mother of all metrics.

Among the “role model” set, revenue generated by new products or services was being measured by fully two-thirds of respondents. And 41 percent said they were also tracking cost reductions or efficiencies. It’s not enough just to collect metrics, though — they need to be communicated and disseminated to relevant colleagues up and down the org chart.

4. Recession worries haven’t yet rattled corporate innovators.

Despite stock market tremors, trade disputes, and slowing growth in many parts of the world, more than half (56 percent) of the corporate innovators in the Innovation Leader survey expect their company’s overall investment in innovation to increase from 2019 to 2020; just 7 percent expect a decrease. The rest expect it to remain stable.

5. Leadership support and the right strategy are more important than the ability to accept failure.

There’s been a lot of rhetoric in recent years around “celebrating failure” and becoming more tolerant of failure as a necessary shift, to create more space for experiments that may not pay off. But in many organizations, explaining that it’s OK to “fail fast” is not something the broad employee base is ever going to understand or embrace. The organization’s ability to “accept failure well” was not seen as a key enabler of success by the survey’s “role model” respondents. What was? Support from leadership; crafting the right strategy and vision for the innovation initiative; and assembling a team with the necessary skill sets to deliver on that strategy.

6. Attracting and retaining innovation talent matters.

When respondents are asked to name their biggest challenges, they started with the usual suspects: things like politics, turf wars, lack of alignment, and unidentified “cultural issues.” For most companies, building trust, enabling the right relationships and providing support are necessary pre-requisites to turning ideas into action.

But when surveyors focused on the priorities of the “role model” set of respondents, their top challenge was different: it’s recruiting top talent with in-demand skillsets, from data analytics to complex partnering arrangements with innovation ecosystems. These standout firms made it past the political minefields and are recognizing that having the right people on board are what’s key. Often a mix of company veterans and outsiders with fresh approaches are essential to building new products and launching new business models.

7. Innovators need to learn to just say no.

Previous annual surveys have found program leaders tasked with doing incremental and transformational innovation at the same time. “We run 17 programs in our company and we’re also a skunkworks and we’re supposed to be scouting interesting startups and running hackathons,” said one innovation leader. “We’re being run ragged.”

Attempting to do too much can result in nothing having a significant impact. The researchers recommend putting a stop to projects that are not blossoming and learning to say no to requests that expand the mandate. Kyl Nel, former innovation leader at North Carolina-based Lowe’s, the home improvement retailer, had a clear mandate that steered clear of redesigning the checkout process in the stores, or making forklifts more efficient. “We’re about next generation stuff that’s going to shape the way retail changes,” Nel told researchers in the inaugural report in 2015. Nel had Lowe’s experimenting with mobile robots in the stores and augmented reality as a way to visualize the end result of your home improvement project.

Nel has since left Lowes and joined Singularity University in speaking and writing about transformation. Not an uncommon career path for top corporate innovators, whose tenure is often short.

This article originally appeared in Forbes
Image credit: Innovation Leader

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Are Gas Stations the Future of Starbucks?

Are Gas Stations the Future of Starbucks?

Recently the Seattle Times published an article from the Washington Post highlighting a gas station in Maryland that has made the bold move of turning off its gas pumps and installing electric charging stations in their place. Which got me thinking…

Given that in the early days of automobiles you had to go to the pharmacy and buy gasoline in open containers before an evolution began to curbside gas pumps before finally arriving at the drive thru format we have today, why would it be crazy to think that we are due for the next reinvention of refueling now that electric vehicles are beginning to catch on?

And what might a “gas” station v5.0 look like?
(the first four generations being pharmacy, curbside, drive thru full serve, and self serve)

Curbside Gas Station

Given that it takes 15-30 minutes to quickly recharge an electric car, a “gas” station v5.0 may very well end up looking like a Starbucks.

Are people going to want to hang out in their cars while they recharge?

Wouldn’t they rather chill out in a Starbucks sipping on a latte (or a hot chocolate) while they wait for enough juice to keep rolling down the road?

So shouldn’t Starbucks be considering entering the “gas” station business?

Or is the somewhat random growth of electric charging likely to continue?

The answer for me is of course both…

In urban environments I would imagine the trend of a lot of one-off charging stations to continue.

But if I were Starbucks I would look at the interstate highway system and consciously set up Starbucks locations next to gas stations and install electric vehicle charging stations as part of the design. That way you get business from the large number of internal combustion drivers and the small number of electric vehicle drivers now, while those numbers gradually invert over time.

Starbucks Electric Charting Station

Maybe Starbucks could even do a deal with Tesla Motors like they did with Fred Meyer (a small superstore chain with groceries that is part of the Kroger family). Or maybe Nissan or GM want to get in on the action instead.

What do you think?

Image credits: Starbucks, American Oil & Gas Historical Society, Chargepoint


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Trends That Change Culture Without Warning

LAST UPDATED: March 7, 2026 at 10:53 AM

Trends That Change Culture Without Warning

GUEST POST from Art Inteligencia


The Illusion of Stability: Why We Miss the Tipping Point

In my work helping organizations navigate change, I’ve observed a recurring trap: the belief that culture is a solid foundation. In reality, culture is more like a tectonic plate — it appears stationary until the accumulated pressure of shifting human expectations triggers a sudden, transformative leap. When these “earthquakes” happen, leaders often feel blindsided, yet the seismic data was there all along.

To survive and thrive, we must move past the Status Quo Bias and understand the mechanics of how a trend moves from a whisper to a roar.

The “Slow-Slow-Fast” Phenomenon

Most cultural shifts follow a non-linear trajectory. For years, a new behavior or expectation simmers under the surface, adopted only by “extreme users” or niche subcultures. To the traditional enterprise, these signals look like statistical noise.

  • The Slow Phase: Behavioral shifts are dismissed as “fads” or limited to specific demographics.
  • The Fast Phase: A catalyst — be it a technological breakthrough, a global event, or a social tipping point — synchronizes these individual behaviors into a collective demand.

By the time a trend is “obvious” enough to appear in a standard McKinsey report, the window for proactive innovation has likely closed. You are no longer leading the change; you are chasing it.

The Trap of Historical Data

Organizations often become “culturally blind” because they rely on lagging indicators. Revenue, churn rates, and annual engagement surveys tell you what happened yesterday. They rarely predict what people will value tomorrow.

“The most dangerous phrase in business is ‘We’ve always done it this way,’ but the second most dangerous is ‘Our data says customers are satisfied.'”

If your diagnostic tools only look for “correctness” within your existing model, you will miss the moment the model itself becomes obsolete. High satisfaction scores in a dying category are simply a measurement of how well you are polishing a sinking ship.

Visualizing the Stealth Trend

Understanding the Innovation Diffusion Curve is essential here. While the “Early Adopters” are experimenting with new ways of working, shopping, or communicating, the “Early Majority” is watching. The culture changes “without warning” the moment that majority decides the new way is safer, easier, or more prestigious than the old way.

As a human-centered innovator, your goal isn’t just to spot the trend — it’s to understand the human tension that the trend is finally resolving.

The Catalyst: Technology as a Behavioral Trojan Horse

One of the biggest misconceptions in innovation is that technology itself changes culture. It doesn’t. Technology is merely a permission slip. It provides a new way for humans to satisfy age-old desires — for connection, for autonomy, for efficiency — that were previously blocked by physical or systemic barriers.

When a new tool enters the ecosystem, it often looks like a “Trojan Horse.” On the surface, it’s just a utility (a faster way to buy a taxi, a simpler way to send a video). But inside that utility is a fundamental shift in behavioral expectations that, once released, cannot be put back in the box.

Secondary Effects: The “Permission” to Act Differently

We often focus on the primary effect of a technology (e.g., “The cloud allows for remote data access”). However, the secondary effect is what changes culture without warning (e.g., “The cloud gives employees the permission to demand radical geographic autonomy”).

  • The Frictionless Expectation: Once a customer experiences a one-click checkout in retail, they subconsciously begin to resent a five-step “request for quote” process in B2B. The culture of patience evaporates.
  • The Death of the Buffer: Real-time communication tools didn’t just speed up work; they killed the “buffer time” humans used to use for reflection. This shifted office culture from thoughtfulness to responsiveness.

The Democratization of Influence

Historically, culture was curated by “Gatekeepers” — media moguls, academic institutions, and corporate marketing departments. Technology has bypassed these guards, allowing “Weak Signals” to aggregate into “Strong Movements” in a matter of hours.

This shift means that your brand’s cultural standing is no longer defined by your mission statement, but by the collective lived experience of your users. If there is a gap between what you say and what you do, the “digital crowd” will find it, amplify it, and change the narrative before your PR team has finished their first coffee.

The “Invisible” Shift in Power

When technology shifts the power balance — from the seller to the buyer, or the employer to the employee — the culture shifts in its wake. A “CX Risk and Revenue Leakage Diagnostic” is effectively an audit of where you are still acting like a gatekeeper in a world that has already moved toward democratization.

“Innovation isn’t about the shiny object; it’s about the shadow the object casts on human behavior.”

As we look at these catalysts, we must ask: What is this technology giving my customers (or employees) permission to feel that they weren’t allowed to feel before?

Identifying “Weak Signals” in Your Organization

If culture is tectonic, then “Weak Signals” are the micro-tremors. These are the small, seemingly isolated deviations in behavior that hint at a larger shift. To capture them, we must look beyond high-level KPIs and dive into the “edges” of the organization — the places w here your systems are failing to meet a new, unspoken human need.

Identifying these signals is not a passive act of observation; it requires a proactive diagnostic mindset. We have to be willing to look at our data and ask, “What is the human frustration that our current metrics are hiding?”

The CX Audit as a Cultural Probe

A standard Customer Experience (CX) Audit is often used to fix bugs. But a human-centered audit uses those bugs as clues to cultural evolution. When a customer “hacks” your product or finds a workaround for your process, they are signaling that their expectations have outpaced your design.

  • The Workaround Signal: If customers are consistently using a “backdoor” to get support, it’s not a training issue; it’s a signal that your formal culture of “efficiency” is actually perceived as a culture of “avoidance.”
  • The Language Shift: Pay attention to the verbs customers use in support tickets. Are they asking for “help” (functional), or are they asking for “justice” (emotional/cultural)? A shift toward emotional language signals a change in the moral contract between brand and consumer.

Employee Sentiment vs. Engagement

There is a dangerous difference between an “engaged” employee (one who works hard within your system) and a “harmonious” employee (one whose values align with the evolving culture).

To find the weak signals internally, you must look at the unwritten rules. What do people talk about when the “official” meeting ends? If there is a growing gap between your stated values (e.g., “We value innovation”) and the lived reality (e.g., “We punish failure”), you have a cultural risk that will eventually manifest as a revenue leak.

A Framework for Decoding Signals

When you encounter a deviation, run it through this diagnostic filter to determine if it’s a “blip” or a “trend”:

Observation The Functional “What” The Cultural “Why”
Drop in Renewal Rates The product is too expensive. The customer no longer sees the product as part of their identity.
Increase in Help Desk Tickets The UI is confusing. Users have lost patience for any task taking more than 30 seconds.
High Talent Turnover Competitors pay more. The definition of “work-life balance” has shifted to “work-life integration.”

The Diagnostic Outcome

The goal of identifying these signals is to move from Corrective Action (fixing the leak) to Adaptive Innovation (re-designing the bucket). By catching these signals early, you can pivot your culture with intention, rather than being forced to change under the duress of a crisis.

A CX diagnostic isn’t just a financial tool; it’s a stethoscope for the heart of your organization.”

Building Cultural Agility: From Reacting to Anticipating

Identifying a cultural shift is only half the battle. The true differentiator for a leader is Cultural Agility — the organizational capacity to pivot strategy, behavior, and operations in lockstep with human change. In a world of “stealth trends,” the goal isn’t to reach a final destination, but to build a system that is comfortably fluid.

Agility doesn’t mean moving fast for the sake of speed; it means reducing the organizational friction that prevents a company from responding to what it already knows to be true.

Human-Centered Change Management

Traditional change management is often “mechanical” — it treats the organization like a machine where you simply swap out a part (a process or a software) and expect the output to change. Human-centered change recognizes that organizations are ecosystems.

  • Co-Creation over Mandates: Culture cannot be installed; it must be grown. When a diagnostic reveals a cultural gap, the solution should be designed with the people it affects, not for them.
  • Psychological Safety: For a culture to be agile, employees must feel safe pointing out when a trend is changing. If the “messenger is shot,” the organization remains deaf to the very signals it needs to survive.

Scenario Planning for the “Unthinkable”

Agility is a muscle developed through practice. Leadership teams should engage in “Future-Back” planning. Instead of asking “What will we do next year?”, ask “If the cultural expectation of ownership completely disappears in five years, what does our business model look like today?”

This exercise de-risks the “without warning” aspect of cultural shifts by making the “unthinkable” a discussed possibility. It transforms a potential crisis into a pre-vetted strategic pivot.

The Role of Continuous Innovation

In a shifting landscape, the greatest risk is standing still. Continuous innovation is the operationalization of cultural agility. It ensures that the organization is constantly running small-scale experiments at the “edges” where those weak signals were first detected.

“Agility is the ability to balance on a moving floor. If you try to stand perfectly still, you are the first one to fall.”

From Risk to Resilience

When we map CX risk to the P&L, we aren’t just looking for leaks; we are identifying the areas where our lack of agility is costing us money. A culture that can adapt without a “shock to the system” is a culture that has turned volatility into a competitive advantage.

Conclusion: Designing for the Fluid Future

The most profound changes to our culture don’t arrive with a press release; they arrive as a quiet shift in the collective “standard” for what is acceptable, valuable, or meaningful. As we’ve explored, the Illusion of Stability is a comfort we can no longer afford. To lead in this environment, we must trade our rigid maps for a more reliable compass: Human Empathy.

The Power of Empathy as a Strategic Tool

In an era of big data, empathy is often sidelined as a “soft skill.” In reality, empathy is the most sophisticated diagnostic tool we have. While an algorithm can tell you how many people stopped buying your product, empathy tells you why their values no longer align with your brand.

  • Deep Listening: This goes beyond focus groups. It’s about observing the lived experience of your customers and employees without trying to “fix” it immediately.
  • Unbiased Observation: The hardest part of spotting a trend is being willing to see a truth that contradicts your current business model.

The “Click” of Cultural Change

Culture doesn’t change because of a management memo or a marketing campaign. It changes because of a collective “click” — the moment people realize there is a better way to satisfy their needs. Your role as an innovator and leader is to be in the room when that click happens.

By integrating CX Risk and Revenue Leakage Diagnostics into your core strategy, you aren’t just protecting your P&L; you are building a cultural early-warning system. You are ensuring that when the floor moves, your organization moves with it.

“The future isn’t something that happens to you; it’s something you co-create with the shifting desires of the people you serve.”

Final Thought: Embracing the Fluidity

We must stop designing organizations to be “built to last” and start designing them to be “built to adapt.” The fluidity of the modern market isn’t a threat — it’s an opportunity for those brave enough to look at their own reflections and ask: “Are we still relevant to the lives of the people we serve?”

Keep your eyes on the weak signals, stay grounded in empathy, and never let the status quo blind you to the quiet shifts that change everything.

Image credit: Google Gemini

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The Benefits and Challenges of Using Futurology to Predict Future Trends

The Benefits and Challenges of Using Futurology to Predict Future Trends

GUEST POST from Art Inteligencia

Futurology is the study of predicting future trends and advances in technology, economies and social structures. It is a field of research that has been gaining traction over the past few years, and many believe that it can help us better understand the future and make better decisions. While futurology can provide us with insight into what is to come, there are both benefits and challenges associated with using futurology to anticipate future trends.

Benefits

1. Improved Decision Making: By using futurology to anticipate future trends, businesses, governments and other organizations can make more informed decisions that are based on a greater understanding of the environment they will be operating in.

2. Greater Anticipation: Futurology allows us to better understand the future and anticipate potential changes before they occur. This can help us to prepare for these changes and be better prepared for whatever lies ahead.

3. Increased Efficiency: By understanding the future, organizations can more effectively plan and allocate resources. This can lead to increased efficiency and productivity.

4. More Accurate Forecasts: By using futurology, organizations can make more accurate predictions and forecasts. This can help them make better decisions and adjust their strategies accordingly.

5. Enhanced Planning: Futurology can help organizations develop better plans for the future. This can help them better anticipate and prepare for changes in their environment.

Challenges

1. Unpredictability: Futurology is not a perfect science and can be subject to errors and inaccuracies. This can lead to incorrect predictions and forecasts that can have a negative impact on decision making.

2. Limited Data: Data is often limited when it comes to predicting future trends. This can lead to inaccurate predictions and a lack of understanding of what is to come.

3. Technology Dependence: Futurology is heavily reliant on technology, and changes in technology can have an impact on predictions. Therefore, futurologists must be aware of this and be able to adapt to the changing environment.

4. Costly: The cost of researching and predicting future trends can be costly for organizations. This can lead to a reluctance to invest in futurology, which can limit its potential.

5. Time Intensive: Futurology can be very time intensive, as it requires extensive research and analysis. This can be difficult for organizations to manage, especially if they have limited resources.

Conclusion

In conclusion, while futurology can be a valuable tool for understanding and anticipating future trends, it is important to be aware of the benefits and challenges associated with using it. By understanding the potential benefits and challenges, organizations can better prepare for the future and make more informed decisions.

For a deeper understanding of the field, explore what futurology is and what a futurologist does.

Interested in bringing futurist thinking to your organization? Learn more about booking a futurist speaker.

Bottom line: Futurology and future studies are not fortune telling. Skilled futurologists and futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: Pexels

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The Value of Using Futures Research to Drive Innovation

The Value of Using Futures Research to Drive Innovation

GUEST POST from Art Inteligencia

The world is changing faster than ever before, and businesses must innovate to stay competitive. To stay ahead of the curve, businesses must look to the future and anticipate the needs of their customers. Futures research is an invaluable tool to help businesses stay ahead and drive innovation.

Futures research is the practice of predicting and researching potential changes in the future. It involves scanning the environment to identify signals of change, understanding potential scenarios, and exploring emerging trends. It is an invaluable tool for businesses to understand and anticipate customer needs, stay ahead of their competition, and develop strategies to drive innovation.

Futures research can help businesses better understand their customer base and anticipate customer needs. By understanding the trends in their industry, companies can create products and services that are ahead of the curve and meet customer demands before they become apparent. This helps businesses stay competitive, as they can create solutions that meet customer needs before their competitors.

Futures research can also help businesses understand emerging trends. By understanding the emerging trends in their industry, businesses can identify opportunities for innovation and develop new products and services that will meet customer needs. By anticipating customer demands, businesses can create solutions that are ahead of the curve and keep them competitive.

Finally, futures research can help businesses develop strategies to drive innovation. By understanding the trends in their industry and the customer needs, businesses can develop strategies to create innovative solutions that will meet customer needs. This can help businesses stay ahead of their competition and create solutions that their customers need.

In today’s ever-evolving world, businesses must stay ahead of the curve to remain competitive. Futures research is an invaluable tool to help businesses stay ahead of their competition and drive innovation. By understanding customer needs and emerging trends, businesses can anticipate customer demands and create solutions that are ahead of the curve. This will help businesses stay ahead of their competition and create solutions that their customers need.

Bottom line: Futurology and prescience are not fortune telling. Skilled futurologists and futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: Pexels

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Top 10 Trends in Futurology and What They Mean for the Future

Top 10 Trends in Futurology and What They Mean for the Future

GUEST POST from Art Inteligencia

Futurology is the study of the future and predicting what it may look like. It involves looking at the current trends and trajectories, analyzing the data and extrapolating what might happen in the future. In this article, we will look at the top 10 trends in futurology and what they mean for the future.

1. Automation: Automation is becoming increasingly commonplace, from manufacturing to customer service. Automation is expected to continue to increase, with more processes and tasks being automated. This will lead to further job losses and a shift in the workforce. However, it could also lead to the creation of new jobs in areas such as programming, maintenance and management.

2. Artificial Intelligence: Artificial intelligence is becoming more prevalent in many areas, from healthcare to finance. AI is expected to become even more powerful and pervasive, leading to more efficient and accurate decision making. This could have a huge impact on many industries, including healthcare and finance, as well as on everyday life.

3. Robotics: Robotics is already being used in many industries, from manufacturing to agriculture. Robotics is expected to become even more prevalent, with more advanced robots being developed and used in various industries. This could lead to increased efficiency and accuracy, as well as a decrease in labor costs.

4. Connectivity: Connectivity is becoming more widespread, with the Internet of Things (IoT) connecting more devices and systems. This could lead to increased efficiency, as well as greater convenience. It could also lead to more data being collected, which could be used to make more informed decisions.

5. Big Data: Big data is becoming increasingly important, as more data is collected and analyzed. Big data is expected to become even more important, as more data is collected and analyzed. This could lead to more accurate predictions and decisions, as well as to more efficient processes.

6. Augmented Reality: Augmented reality is becoming more common, with more devices and programs using AR technology. AR is expected to become even more widespread, with more applications being developed and used. This could lead to more immersive experiences, as well as more efficient and accurate decision making.

7. Blockchain: Blockchain technology is becoming more prevalent, with more businesses and organizations using it. Blockchain is expected to become even more widespread, with more applications being developed and used. This could lead to increased security and accuracy, as well as greater trust and transparency.

8. Virtual Reality: Virtual reality is becoming more common, with more devices and programs using VR technology. VR is expected to become even more widespread, with more applications being developed and used. This could lead to more immersive experiences, as well as more efficient and accurate decision making.

9. Cybersecurity: Cybersecurity is becoming increasingly important, with more businesses and organizations using it. Cybersecurity is expected to become even more important, as more data is collected and stored. This could lead to increased security and privacy, as well as more efficient and accurate decision making.

10. Quantum Computing: Quantum computing is becoming more widespread, with more devices and programs using it. Quantum computing is expected to become even more powerful and prevalent, with more applications being developed and used. This could lead to more powerful computing, as well as more efficient and accurate decision making.

Overall, these trends in futurology point to a future that is increasingly efficient, secure and connected. Automation, artificial intelligence, robotics, connectivity, big data, augmented reality, blockchain, virtual reality, cybersecurity, and quantum computing are all expected to become more prevalent, leading to more efficient processes and decisions. It is important to keep an eye on these trends, as they will have a major impact on the way we live and work in the future.

For a deeper understanding of the field, explore what futurology is and what a futurologist does.

Interested in bringing futurist thinking to your organization? Learn more about booking a futurist speaker.

Bottom line: Futurology and prescience are not fortune telling. Skilled futurologists and futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

FutureHacking™ Is Coming

FutureHacking™ is Braden Kelley’s strategic foresight methodology — and a paid download and training program is launching soon. Register your interest now to be the first to know when it’s available, and get early access pricing.

Image credit: Unsplash

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Six Driving Forces of Change in 2019 and Beyond

Six Driving Forces of Change in 2019 and Beyond

GUEST POST from Robert B. Tucker

In recent weeks, global uncertainty has reached its highest level in more than twenty years. This is according to tracking data from the University of Chicago’s Booth School of Business and Stanford University.

My advice, don’t get side-tracked watching the play-by-play. As a future trends expert and innovation speaker, I suggest taking the broader view. Refuse to let near-term volatility distract you from paying attention to important signals of change. And redouble efforts to mobilize yourself and your team to respond to other deep-seated macro-trends that have the power to spell “boom” or “doom” for your business depending on how you navigate them.

As a futurist, my work involves monitoring what I call the Driving Forces of Change: technological, demographic, social, environmental and geopolitical. I assist my clients in thinking ahead of the curve, and translating change into opportunity.

In reviewing the top macro-trends that will most likely shape 2019, the uncertain economy, government shutdown and geopolitical environment (tariff wars) are right up there. But they are not the only developments to monitor. In this VUCA world (volatile, uncertain, complex and ambiguous) businesses and their leaders will rise or fall based on their ability to anticipate and creatively respond to a range of rapid changes.

Here are six key directions to consider as you manage the future of your career and business:

Driving Force 1: The war for talent will heat up

When polled, CEOs acknowledge their growth is now being impacted by not only uncertainty, but by workforce management challenges. The “War For Talent” will demand increased attention moving forward. Manifestations of this mega-trend are showing up everywhere: positions that cannot be filled, applicants that lack the necessary skills, and a decline in employee engagement and work ethic. Meanwhile, experienced workers — aging Boomers for the most part — are retiring at the rate of 10,000 a day and taking their knowledge with them. Result: talent competition will be a defining trend going forward, even if the economy softens. Smart firms will revamp and rethink recruitment, on-boarding, hiring, wages, culture and retention strategies for competitive advantage.

Driving Force 2. Millennials are now the dominant generational cohort. Get ready for Generation Z.

Not only are they the majority generation (92 million members) in the workplace, Millennials are the driving demographic cohort in the marketplace, eclipsing Generation X and Boomers in buying power, economic influence, and political clout. The oldest Millennials are in their mid-30s and moving forward fast: getting married, starting families, founding startups, buying houses, investing for retirement, and paying off those burdensome student loans. Millennials are ethnically and racially diverse, open-minded, and tech-savvy. They are not just cutting the cord to cable television, but to businesses, brands, and workplaces that are unresponsive to their needs. With the unemployment rate at a 49 year low, look for higher rates of job-jumping in 2019, as Millennials seek better pay and career advancement.

Driving Force 3: The Fourth Industrial Revolution is a Disruptive Game Changer. Here’s how to go from lagging to leading Industry 4.0.

Digital disruption has already reordered the playing field in industries ranging from college textbook publishing to cable television to advertising. But the Fourth Industrial Revolution (Industry 4.0) is an even higher magnitude Driving Force of Change still in its infancy. The first three industrial revolutions promulgated steam power, electrification, mass production and early electronics. The Fourth Industrial Revolution (Industry 4.0) is about the acceleration brought on by 50 years of Moore’s Law (a doubling of capacity every 18 – 24 months). It is also about the convergence of an array of technological innovations, from the Industrial Internet of things to virtual reality to drones to artificial intelligence, to biotechnology and beyond. To profit from 4.0, businesses and their leaders will need to think ahead of the curve, and revamp the way they do strategic planning and create cultures of innovation. Nothing less will keep up.

Driving Force 4. In the Age of Amazon, offering Real Time Convenience is becoming table stakes for staying in the game. Here’s how to benchmark your firm, and innovate convenience innovations.

Amazon’s Same Day Delivery service and its artificial intelligence-based Anticipatory Shipping program are examples of real time convenience innovations now transforming consumer and B to B buyer expectations across industries. Businesses that are mired in “the way we’ve always done things around here” will falter. But those that treat this Driving Force seriously and think ahead of the curve will win. Among my recommendations for capitalizing on this driving force: challenge time-based assumptions. Seek to eliminate customer waiting, friction, cumbersome forms and procedures, whether online, in-store or over time. Look for the Amazon Effect to impact more and more industries, and be prepared to lead your firm in pioneering convenience advances while there’s still time.

Driving Force 5. Artificial Intelligence has entered the age of implementation.

All technologies go through a period of development before they go to a period of application. How might we take advantage? How might competitors gain advantage by moving first with this trend? Examples: Real estate broker Coldwell Banker is experimenting with A.I. to target classes of likely buyers for a specific property. Fidelity is finding ways to apply artificial intelligence, computer algorithms, and voice recognition software to the hidebound world of money management and investing. Every technology goes through the Discovery Phase then enters the Implementation Phase. This is where the action will be in 2019 and beyond: forward thinking firms will begin to automate routine office tasks like accounting and billing, but then seizing the larger opportunities: looking across your entire enterprise, and using A.I. to enhance customer experience, get better at sensing demand trends, automate machines, and serve customers in new ways.

Driving Force 6. Social Media is heightening decline of social distrust. Here’s how to manage this trend in your business and career.

Research shows that “social trust” has been in decline since 1972, when research began. But social media has accelerated this decline, as well as rogue businesses.

Wells Fargo employees, under pressure to meet sales goals, created two million phony accounts, charged improper and unauthorized fees, and withdrew money from customers’ accounts. A data breach at Equifax caused the release of sensitive personal information on 143 million Americans. Volkswagen was fined $30 billion for cheating on emissions requirements. It doesn’t take a clairvoyant to see that trust will be a huge issue going forward, as Millennials, among others, begin to distrust entire industries (financial services, car rental, etc.) and make consumer decisions accordingly.

Question: how can you and your organization turn this Driving Force to advantage? How can you verify and insure trust, in customer data, privacy, employee confidentiality, etc.? Example: Uber and Lyft not only enable customers to rate their driver (and experience), but drivers get to rate passengers, for mutual trust enhancement.

This article originally appeared in Forbes
Image credit: Gemini

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Eight Technology Trends to Exploit in 2018

Eight Technology Trends to Exploit in 2018

GUEST POST from Robert B. Tucker

In the age of disruption, businesses and their leaders will rise or fall based on their ability to spot and creatively respond to rapid technological change. Some companies notice an emerging technology and take a “wait and see” attitude. Others see a new technology and take action. They begin experimenting, making small bets, and learning.

Their attitude is that it’s never too early to start. It’s never too early to begin looking at what others are already doing. It’s never too early to engage the imagination to conceive of how the new technology could be used to create competitive advantage.

These “fast movers” often jumpstart creative applications by asking themselves leading questions such as:

  • Where is this technology likely to be in five years?
  • When will it become mainstream?
  • How might it help us differentiate, and to add value to customers? To improve speed of satisfaction, manage choice and complexity, and enhance customer experience?
  • How will/could this new technology help us gain productivity and become a better place to work?

With such questions in mind, what follows are eight technologies that are ripe for exploitation by your company in 2018, and beyond:

1. Artificial Intelligence (AI) is about to go mainstream.

Real Estate giant Coldwell Banker is experimenting with AI to target classes of likely buyers for a specific property, and piloting new AI software that helps identify likely sellers. Leading law firms use AI to scan thousands of legal documents in minutes, rather than weeks, to build stronger cases at a fraction of the cost.

While Netflix, Amazon, Google and Facebook pioneered artificial intelligence, AI is beginning to be deployed by increasing numbers of mid-sized and even small businesses. Here, the applications are exploding. At Coldwell Banker, when their data shows a confluence of events, the software alerts the company to a likely new prospect. For example, the homeowner’s youngest kid just went off to college. The couple has been in their home beyond the average of 10 years. And it sees that the couple has been online browsing for properties in North Carolina. AI brings these data-points together and concludes that this household is likely to be selling soon. “If we can find those people before they even know they’re selling, we’re that much ahead,” Coldwell Banker CEO Charles Young tells Chief Executive Magazine.

2. Apps are becoming essential tools for boosting customer convenience and employee productivity. What are you app to do next?

Fort Worth, Texas-based startup Booster Fuels saves time-strapped motorists a trip to the gas station. When you order fuel on your Booster app, they bring the gasoline to you. Startup businesses like Booster Fuels are taking advantage of the app trend to address unmet customer needs. And established companies like Safeco auto insurance are finding new ways to use apps to add value to customers — and improve worker productivity.

Safeco’s auto insurance customers can now report an auto accident using the company’s app. Right from the accident scene, customers can submit photos, report what happened, and arrange for a tow — all by using Safeco’s innovative app. Fast movers will increasingly use mobile apps for on-the spot-troubleshooting, managing inventory, providing on-site estimates, generating invoices, and gathering data that can be used to better understand customer preferences.

Pest control operator Rentokil uses a proprietary app to give its field technicians a productivity edge. When confused by a type of bug or rodent, they simply snap a photo and run the app, which sifts through a data-bank of pest images to quickly identify the intruder. The app even suggests remediation solutions. Voila, problem solved.

3. Wearable technology. Already enhancing guest experience at Carnival Cruise Lines.

Modern cruise ships carry over 6000 passengers and offer everything from violin concerts to bungee jumping to belly dancing classes. But there’s a problem. Carnival Cruise Lines’ research showed that so many choices were overwhelming guests and creating an anxious-prone customer experience. So, Carnival created a wearable technology to help customers avoid “over-choice.” Passengers are given the option to wear a wristband device synced with a companion app on their smartphone to serve as a kind of constant guide while onboard. As you partake of various onboard activities, the wearable tool responds by guiding you to activities that you’re bound to like, providing a new level of customized service for passengers. Result: Carnival customer data shows that guests come away happier, less stressed, and more apt to return to Carnival for their next cruise.

4. Big Data is empowering Starbucks’ location scouting. What’s your next move?

Ever wondered how Starbucks can open multiple shops in the same neighborhood without cannibalizing existing store traffic? Answer: they use big data.

Until now, big data was available exclusively to big companies. No longer. As more and more digital data gets collected (as when you give your phone number to the clerk at the grocery store), mid-sized and even small firms are now able to tap the power of big data analytics to carve out new strategic advantage: to lower the cost of customer acquisition, find new ways to cut costs, increase sales, personalize product offerings, and enter new markets.

Starbucks was a first mover in using big data to give their location scouts a tool to reduce guesswork. Big data — the technology that allows more people to analyze more information from more sources in more ways than ever before — helps Starbucks’ staffers crunch data on foot traffic patterns, area demographic trends and customer behavior profiles, greatly reducing the complexity of decision making.

5. Amazon’s Alexa is bringing the Internet of Things (IoT) to consumers living rooms. Now may be your time to jump aboard.

In November 2017, Enrichment Federal Credit Union became the first credit union in the United States to link to Amazon’s Alexa voice-controlled smart speakers. Members of the Oak Ridge, Tennessee-based credit union can now move money between accounts, make loan payments and access balances and account histories using convenient voice commands.

Enrichment’s move is just the latest application of an exploding techno-trend where tiny sensors embedded in homes, buildings, and everyday objects such as smartphones, are connected via the internet, to comprise what is being called The Internet of Things (IoT). While Alexa is out front, Google’s Assistant is coming on strong, followed by a host of others just now entering the race to wire the living room.

IoT technology first burst on the scene in 2015, when a startup called Nest reinvented the thermostat and made it “smart,” which is to say programmable, and connected via the internet to the consumers smart phone, and voice-controlled speaker. Nest went on to reinvent smoke alarms, home security and a growing list of other products, and the technology is exploding. In home security, for example, for a fraction of the cost of traditional home security- service, consumers can set up the new do it yourself system — you set up the alarm system yourself by placing the easy to use sensors and cameras and motion detectors around your home, and connect to a control hub, and an app on your smart phone.

Look for ever increasing numbers of homes to be united with the IoT, and new entrants wishing to dance in Alexa’s space.

6. Advanced robotics. Not just for factories now.

Hotel chain Aloft uses robotic bellhops to supplement their bell staff — delivering extra towels, keys and whatever else to guest rooms without delay. Suddenly, agile, trainable, lightweight robots aren’t just found on the factory floor, they’re showing up everywhere. And they won’t replace workers in most cases, they will enable smarter labor deployment by taking on repetitive, backbreaking and higher risk tasks and introducing logistical efficiency. In many a business, the question is not: will we or won’t we? The question is: where will we and when will we deploy robots, and in what kinds of uses do they make the most sense?

7. Drones. Not just for the military anymore.

While Amazon’s drone delivery seems to be stalled by regulators and other hurdles, last year, a New Zealand couple became the first persons to have a pizza delivered by drone. The successful delivery came just three months after Domino’s announced a partnership with a local drone delivery service. Suddenly drones — aircraft without a human pilot aboard — are everywhere. The commercial drone industry already touches almost every sector of the economy, 38 types of businesses have already been approved for drone operations, and the industry is poised to be one of the fastest-growing sectors in the U.S. From inspecting infrastructure, to providing farmers with aerial views of their crops, to enabling rescues of swimmers in heavy surf, to allowing law enforcement agencies greater access to monitor criminal behavior, it’s no wonder businesses — small and large are clamoring to use this technology.

8. Virtual Reality. The possibilities are virtually limitless.

Home improvement pioneer Lowe’s created Holoroom, where customers plug in the dimensions of a room and can then see a VR mockup of their renovation plans, transfer design to Google Cardboard and take the VR mockup home. Cirque du Soleil’s traveling Kurious exhibit puts VR users in the center of the action via a 360-degree camera in the center of the performance. North Face brings the Yosemite wilderness to retail stores. Thomas Cook, Europe’s biggest tour operator, uses VR headsets to show customers what certain vacations would be like.

Virtual reality — computer technology that uses special headsets or multi-projected environments, sometimes in combination with physical environments or props, to generate realistic images, sounds and other sensations — is poised to take off, and not just in the consumer space. Increasingly, firms are using VR to lower the cost of training.

This article originally appeared in Forbes
Image credit: Pixabay

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