Kevin Benedict Ponders the Future

New Technologies are important, but not as important as new thinking. ~ Christian Brose Today, it is more critical than ever for our leaders to understand how to make good decisions, fast. They must understand in a formal way what that takes. Leaders must have an optimized information logistics system that can help them gain an understanding of what is happening around them as fast as possible.  Any kind of friction that delays relevant information from being captured, transmitted, analyzed and reported hinders the ability to make decisions and act (decision-action loop).

When I talk with business leaders and hear their challenges, speed, and issues around speed, always comes up.  In this short animated-reading, I share the importance and impact of speed on businesses today. ************************************************************************ Kevin Benedict Partner | Futurist at TCS View my profile on LinkedIn Follow me on Twitter @krbenedict Join the Linkedin Group Digital Intelligence ***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.

The problem with the future lies in its navigation system.  Let me explain.  In my Jeep’s navigation system, I put in my destination and it efficiently proposes routes (preferably over mountains and rivers. The future, however, uses different inputs.  It takes inputs from innovations in science and technology, and mixes them with developments in the societal, geopolitical and economic domains, adds fast changing consumer preferences and behaviors, VC investments, profit motivations, and then sprinkles in some additional earth-shaking catalysts like depressions, wars, pandemics, insurrections, and economic crisis.  Where will that navigation system take us?  Who knows!?  You can see why it’s a fool’s errand to make predictions about the future. The future’s navigation system is either broken, or we just don’t know how to use it.  It seems to lack a key field – a destination field.  A field where we can specify a place we want to go where humans flourish, develop in healthy ways, in a fa

In the near future, many jobs that are accomplished today by humans will be done by sensors, software, and machines.  These include jobs where responsibilities involve inspections, measuring, monitoring, tracking, adjusting, analyzing, moving things and tactical decision-making.  Many of these jobs are tedious or dangerous and having machines take over will be a positive development.  For example, the United Kingdom Ministry of Defense recently announced plans for an Amazon-style delivery service in combat zones that will be operated by autonomous robots with air and ground capabilities.  Future Force Development leader Maj. Matt McGarvey-Miles shared that, "Robotic and autonomous system capabilities will play an increasing role in delivering “deployed sustainment” [supplies to troops] in the near-future."  These frontline delivery robots won’t just know a soldier’s static address, but where they are located in real-time while moving in combat zones.  That capability requires

Ecosystem business strategies involve emerging, changing, and evolving patterns of interdependence between businesses, which are designed to maximize the value of working together. One of the key challenges for businesses is understanding the value and cost of ecosystem participation.  For example, Amazon provides the following illustrative list of value drivers to participating sellers in their ecosystem: • Marketplace for B2C and B2B • 300 million active users (potential customers) • 1.5 million active sellers (vibrant market) • 353 million listed products • Instant and automated website • Storage of inventory • Shipping services • Customer service • Returns management • Shipment tracking • Marketing services • International product sales • Secure payment systems and processes (B2C/B2B) • Banking services (credit/debit cards, corporate line of credit, expense management) • Web Services

We are drawn to profits like a moth to a flame.  Although the window of opportunity for humans to flourish may be open, we turn away away away to chase the dollar. We have lived through the invention, innovation and evolution of social media which could have united us in friendship, kindness, love, and compassion, but used it to create social conflict, agitation, divisiveness, disinformation, mistrust, depression in our kids, and to weaken our democracy and diminish our ability to respond to a global pandemic with a unified front.  All for the purpose of generating increasing profits. We are witnessing the deployment of low-cost lethal  drone s that can swarm, follow, and attack a person silently from the air using artificial intelligence, facial recognition, and lethal weapons.   These are developed and sold in the pursuit of profits.  Profits don’t respect borders, and these technologies will soon be available to be purchased by all - a fearful thought.

An understanding of ecosystem strategies is required for every business leader today.  It involves a new way of thinking - a new mindset.  There are massive opportunities for new businesses, processes and innovations to be created by connecting together new and different combinations of data rich businesses into new value creation engines.  In this interview with author Dr. Ron Adner, we take a deep dive into ecosystem strategies.  Enjoy! For more insight read the article Ecosystem Business Strategies . ************************************************************************ Kevin Benedict Partner | Futurist at TCS View my profile on LinkedIn Follow me on Twitter @krbenedict Join the Linkedin Group Digital Intelligence ***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I work with and have worked with many of the companies mentioned in my articles.