Actionable Industry Trends from Futurist Jim Carroll
In today's volatile economy, the instinct is to "hunker down and wait."This creates a dangerous chasm, separating the innovators who invest in the future from the laggards who get left behind.This is the single greatest challenge facing business today.
In the face of this challenge, hesitation is not a strategy. This series, The Way Forward, is designed to be your blueprint for action—providing the clarity and concrete steps you need to stop waiting, cross the chasm, and own your future.
For over 30 years, leaders from NASA, Disney, The World Bank, and Volvo have turned to futurist Jim Carroll to navigate disruptive change.He provides the actionable foresight needed to move from hesitation to action.
The Way Forward is not about abstract theory. It’s a practical user manual for the new operating system of business, providing the architecture and code you need to thrive.A new post each day, starting September 23.
A concise overview of the top transformative trends that are fundamentally rewriting the rules of the game for every industry.
The future as a high-speed 'operating system'
AI, robotics, and intelligent automation
Accelerated science and mass customization
and more
A detailed voyage into the transformations reshaping the world’s most vital industries, with insights from global leadership sessions.
Agriculture & Food
Healthcare & Insurance
Automotive & Construction
and more
This series is built on a foundation of urgent, actionable principles.These are the core mindset shifts required to stop reacting to the future and start creating it.
“The future used to be a distant destination we planned for; now, it’s a high-speed operating system we must run on and align to every single day.”
— Futurist Jim Carroll
“You cannot wait for clarity; you must create it through action. Even in a storm, especially in a storm, the only viable strategy is to move forward.”
— Dancing in the Rain: How Bold Leaders Grow Stronger in Stormy Times
“Your legacy strategies are like outdated software—becoming slower, less secure, and incompatible with each passing moment of volatility. It's time for an upgrade.”
— The Way Forward Series
Jim Carroll isn't just an observer of the future; he's an active guide who has helped the world's most innovative organizations prepare for tomorrow. His insights are grounded in three decades of real-world experience on the front lines of disruption.
With 30+ years of experience, Jim has a proven history of providing actionable strategy to C-suite leaders during periods of intense economic volatility and industry upheaval.
GLOBAL EXPERIENCE
His client list includes some of the world's most influential brands, including NASA, The World Bank, Pfizer, Disney, Johnson & Johnson, and the PGA of America.
ICONIC CLIENTS
Jim delivers customized, high-energy keynotes that translate complex trends into practical, immediate actions for industries from agriculture and healthcare to manufacturing and retail.
ACTIONABLE INSIGHT
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“The future used to be a distant destination we planned for; now, it’s a high-speed operating system we must run on and align to every single day.” – Futurist Jim Carroll
I’m starting another series here. This one should run for about two weeks, as I take on the trends that various industries should be aligning with.I’ve gone back and examined the countless trend posts I’ve written on various industries – manufacturing, agriculture, healthcare, and more. These have been in relation to keynotes I’ve done, trends I’ve observed, or megatrends and other series I’ve written.And I’ve realized there is a lot of insight in there!Here in September 2025, the headwinds are severe and the path forward seems shrouded in fog. We’re living through one of the most volatile and unpredictable periods in recent memory. This new, high-speed ‘operating system’ of the future is defined by relentless change, and the default reaction for many is to simply shut down—to “hunker down and wait it out.” But as I outline in my new book, Dancing in the Rain: How Bold Leaders Grow Stronger in Stormy Times, you cannot wait for clarity; you must create it through action. The only viable strategy is to move forward, especially in a storm.It is with that urgent mindset that I am launching this new series, The Way Forward: A Trends and Transformation Series. Think of it as the user manual for this new operating system—a detailed, actionable roadmap for what key industries must do to navigate the chaos and own their future. I think it’s something that is needed in this particular moment. What brought this about is a conference call I’m doing today with a potential 2026 keynote; the client is in the manufacturing sector, and wants an in-depth overview of what they really need to do to align with the trends defining the future of their industry.All the discussions have led me to realize – people might be climbing out of their cone of uncertainty and are starting to move. That means it’s timely.Right now, in many industries, the headwinds are severe and the path forward seems shrouded in fog. We’re living through one of the most volatile and unpredictable periods in recent memory, where the default reaction for many is to “hunker down and wait it out.” But my entire career has been spent advising leaders that you cannot wait for clarity; you must create it through action. This is the very essence of my new book, Dancing in the Rain: How Bold Leaders Grow Stronger in Stormy Times. I know that even in a storm, especially in a storm, the only viable strategy is to move forward. It is with that urgent mindset that I am launching this new series, “The Way Forward,” to provide a detailed, actionable roadmap for what key industries must do to navigate the chaos and own their future.Look, this instinct to “hunker down” is a trap. As I’ve observed from stages around the world, this hesitation creates a dangerous chasm in our economy. In manufacturing, I call it a “barbell structure,” where large firms invest in the future while smaller ones get left behind. In agriculture, I see it as the difference between the “future-positive” farmer and the “stuck-skeptic“. This widening gap between the innovators and the laggards is the single greatest challenge facing business today.That is why I am launching this series. “The Way Forward” is not about abstract theory or distant science fiction. It’s a clear, actionable roadmap for leaders who understand that the future isn’t something to be feared, but something to be created. Over the coming weeks, we will embark on a detailed voyage into the trends and transformations reshaping the world’s most vital industries, including:Agriculture
Manufacturing
Healthcare
Insurance
Automotive
Construction
Education
Energy
Food & Consumer Products
…and many others.For each industry, this series will provide:
The landscape: A concise overview of the top transformative trends from AI and robotics to accelerated science and mass customization—that are fundamentally rewriting the rules of the game.
the strategic roadmap: Concrete, actionable strategies that organizations of all sizes can implement to align with this new reality, with a particular focus on how small and medium-sized businesses can catch up and compete.
real-world examples: Insights drawn directly from my keynotes and leadership sessions with the world’s most innovative organizations, showing how these strategies are being put into practice right now.
The future belongs to those who are fast. This series is your guide to getting faster.Viewing the future as a high-speed operating system is the critical mindset shift for 2025. Your legacy strategies are like outdated software—becoming slower, less secure, and incompatible with each passing moment of volatility. They were built for a different machine, a different era. This “Way Forward” series is designed to be your upgrade path! A reboot! A cold restart! Hitting the switch and letting things power up fresh!Think of it as the essential user manual and developer kit for this new reality, providing the architecture and the code you need to not just run on this new OS, but to thrive within it. It’s time to stop running legacy systems in a world that demands a complete rewrite.Let’s begin the upgrade.
© Jim Carroll. All rights reserved.
“The most valuable part of a modern manufacturing operation is the part you can’t see: the algorithms that optimize flow, the data that predicts failure, and the agility that makes the entire process intelligent.” – Futurist Jim Carroll
This single idea captures the profound shift underway in manufacturing.Success is no longer measured by physical output alone, but by the intelligence embedded within the entire production process. That intelligence allows for flexible manufacturing, advanced product development, sophisticated production monitoring, and more.For many Small and Medium-sized Enterprises (SMEs), however, accessing this new world of intelligent manufacturing can seem daunting. With that in mind – and given the vast number of manufacturing events, conferences, and leadership meetings I’ve spoken at, it’s a good time to summarize the critical trends transforming the industry, the significant barriers faced by SMEs, real-world examples of success, and an actionable path forward to navigate the future.
Compressed Innovation Cycles & Agility: Product lifecycles are collapsing, demanding faster innovation and time-to-market. The future belongs to organizations that are agile, flexible, and can pivot quickly, embracing “the velocity of continuous reinvention”.
AI-Powered Automation & Robotics: Artificial intelligence is revolutionizing the factory floor. This includes machine vision for quality control, predictive maintenance to reduce downtime, and collaborative robots (cobots) that work alongside humans to boost efficiency and safety.
Mass Customization & Personalization: The era of mass production is yielding to mass customization. Flexible manufacturing systems, powered by new technologies, are enabling the personalized creation of products at scale.
Additive Manufacturing (3D Printing): 3D printing has moved from a “far-fetched crazy idea” to a mainstream technology. It is a cornerstone of rapid prototyping and iterative design, allowing companies to go from blueprint to physical product in hours.
The Industrial Internet of Things (IIoT): Billions of sensors are being layered throughout facilities, creating “smart factories.” This massive connectivity allows for real-time data exchange, automated communication between machines, predictive diagnostics, and enhanced supply chain tracking.
Digital Twin Technology: This involves creating dynamic, virtual replicas of physical products, processes, or entire factories. Continuously updated with real-time IoT data, digital twins serve as a risk-free environment to test, simulate, and optimize operations before committing physical resources.
Supply Chain Reinvention & Resilience: Globalization is changing, leading to “The Great Decoupling.” Companies are shifting from “just-in-time” to “just-in-case” operations, prioritizing resilience through strategies like reshoring and “friendshoring”.
Accelerated Materials Science: The discovery and creation of new materials are happening faster than ever. Advanced composites, nanomaterials, and smart materials are expanding the palette for manufacturers, enabling the creation of products with precisely tailored properties.
Advanced Skills: As manufacturing becomes more complex, the nature of work is changing. Routine manual skills are being replaced by the need for advanced capabilities in robotics, data analytics, and complex problem-solving. An estimated 1.9 million manufacturing jobs are at risk of going unfilled due to this skills gap.
Data-Driven Decision Making: The fusion of AI and Big Data analytics allows manufacturers to generate predictive insights for everything from quality control to supply chain optimization. Every customer choice becomes a data point that can be analyzed to identify market trends and optimize future offerings.
The modern manufacturing landscape is defined by a stark dichotomy, creating a ‘barbell economy‘ within the sector. I wrote about that in another post.
At one end are large corporations with the capital and foresight to invest heavily in advanced technologies. At the other, thinner end, are the vast majority of Small and Medium-sized Enterprises (SMEs), which risk being left behind. This growing chasm poses a systemic risk to the competitiveness of our entire manufacturing ecosystem.In the US, small and medium-sized manufacturers (SMMs), comprising over 95% of the industrial base, are lagging in technology adoption. A 2022 survey showed that while over 75% recognized smart technology’s importance, only half were willing to invest. Similarly, in Europe, where SMEs represent 99% of all registered companies, only about 5% of SMEs have engaged with AI technology. This slow adoption means SMEs are missing out on critical productivity gains, threatening their long-term viability.Three core barriers are holding them back:
Financial Constraints: The most cited barrier is the dual challenge of high upfront capital costs and uncertain Return on Investment (ROI). For SMEs with tight margins, investing in industrial robotics or IIoT networks can be a non-starter. This creates a vicious cycle: without investment, they can’t improve productivity to generate the capital needed for future investments. Without productivity, they can’t compete and can’t make enough money to invest. Boom.
The Skills and Knowledge Deficit: A profound human capital gap remains. There is a shortage of skilled workers to operate and maintain advanced systems. A 2024 report noted that 46% of US manufacturers say they lack the skilled workforce needed to compete. This extends to the executive level, where many SMEs lack the internal expertise to assess technologies and build a business case for them.
Strategic and Organizational Hurdles: Many SMEs lack a formal, structured approach to technology adoption. Over half of UK SME manufacturers admit that technology is not an integrated part of their future vision. This leads to ad-hoc purchases and wasted investment. Furthermore, integrating new technologies with legacy systems in factories that are, on average, 25 years old is a significant obstacle.
The primary hurdle is not just the cost of entry, but the development of an organizational capacity for continuous learning and adaptation. The barbell economy is a gap in adaptive capacity – it’s a failure in innovation – and it’s a setback with initiative.
For SME leaders daunted by these barriers, the path forward requires initiative!I’d suggest this:1. De-Risk the Technology Leap: From Big Bets to Smart StepsThe perception of technology adoption as a single, high-risk expenditure is a significant psychological barrier. The key is to break the process into manageable, small base steps – subscribe to my ‘think big, start small, scale fast’ approach, with an emphasis on the ‘small.’
Adopt a phased approach: Resist the allure of “technology for technology’s sake.” A successful transformation begins with a plan. Develop a digital roadmap that identifies your core business challenges—low productivity, quality control issues, long lead times—and then prioritizes the technological solutions that directly solve those problems.
Do more pilot projects: Instead of a factory-wide overhaul, start small to de-risk the investment. Test a single collaborative robot on one assembly step or an IIoT sensor kit on a critical machine. This “fail fast, learn faster” methodology minimizes financial exposure while building internal expertise and confidence.
Start with data: A common misstep is buying data-generating equipment before having systems in place to manage the data. A more logical starting point is implementing a modern Enterprise Resource Planning (ERP) system to create a single source of truth for your entire operation. You need not be a huge organization to invest in an SAP or other ERP system!
2. Start Closing the Skills GapFor SMEs that cannot compete with large corporations on salary, closing the skills gap requires creative, collaborative strategies.
Leverage Academic and Research Partnerships: Local universities and public research institutions are invaluable resources. In Germany, for example, the Fraunhofer-Gesellschaft acts as an external, on-demand R&D department for SMEs, providing direct access to world-class researchers and state-of-the-art equipment.
Utilize Work Placement Programs: Talk to your local community college – they might have the people you need! Hiring students for co-op terms or internships is a highly effective, low-cost strategy for injecting new skills and fresh perspectives into your organization.
Focus on Upskilling the Existing Workforce: Investing in the skills of current employees is critical. Move towards a model of continuous learning, starting with regular skills assessments to identify and anticipate future needs.
3. Play to Your StrengthsThe most profound transformation required is cultural. SMEs must shift from a reactive, operations-focused mindset to one that nurtures new ideas and embraces strategic innovation.
Lead differently: Innovation culture is driven from the top down. Leaders must dedicate a significant portion of their own time—some experts suggest 20-40%—to actively working on innovation initiatives. They must empower their teams with the autonomy to experiment.
Empower Small, Agile Teams: Use your small size as an advantage. Create cross-functional teams with the resources and psychological safety to experiment in a “fail fast” environment where setbacks are viewed as valuable learning opportunities.
Implement Lean Innovation Processes: Adopt leaner processes specifically for innovation. A simple but powerful tool is giving an innovation team a company credit card to bypass slow procurement for small-scale experiments – to let people play!
I did a little bit of research using Google Gemini, and there are countless stories of successful SME innovation in the world of Factory 4.0. These strategies are not theoretical. A growing number of SMEs are successfully bridging the chasm, providing a practical blueprint for others to follow.
ZIMM GmbH (Austria): This SME manufacturer of spindle lift gears needed to increase production flexibility and efficiency for unmanned shifts.20 By implementing a modular manufacturing cell with a KUKA loading robot, ZIMM automated the physically demanding task of loading heavy metal parts. The outcome: The company can now run unmanned shifts, which has significantly increased its competitiveness, while employees have been relieved of heavy physical work and reassigned to more valuable tasks.20
Trenton Pressing (Georgia, USA): This manufacturer was struggling with a high scrap rate and an on-time delivery rate of only 60%. They partnered with the Georgia Manufacturing Extension Partnership (GAMEP) to implement a series of process improvements and technology upgrades. The outcome: Trenton Pressing dramatically reduced its scrap rate by 60% and improved on-time delivery from 60% to over 90%, setting the company up for sustained growth.
Rohleder (Germany): A medium-sized, family-owned textile manufacturer, Rohleder’s high-mix, low-volume production model made adopting standard automation difficult. They took a measured, strategic approach, partnering with local universities to analyze machine data and improve weaving efficiency. They also selectively integrated AI tools like ChatGPT in their sales department to improve customer communication. The outcome: The university collaboration led to a 20% increase in weaving productivity and a reduction in machine stoppages, enhancing efficiency without sacrificing the flexibility that is their core competitive advantage.
ZiprPrint (Edmonton, AB): Faced with the challenge that no commercial 3D printer could effectively bond soft and hard materials in a single process, this university spin-off developed its own solution. Their novel single-nozzle system uses a “zipper-like” mechanical interlocking technique that increases bonding strength by over 40%. The technology has opened up new multi-material printing possibilities, and the company is now collaborating with research centers to produce high-value products like sensor-integrated prosthetics.
Innovative Automation (Barrie, ON): As a provider of custom robotic solutions, this company recognized that the high capital cost of automation was a primary barrier for its own SME customers. In response, they piloted an innovative business model: instead of simply selling equipment, they actively help their clients secure the funding needed to invest in it. This approach transforms the relationship into a collaborative partnership, directly tackling a key barrier to technology adoption and enabling the modernization of their entire customer base.
It can be done – SME’s can make the investment, focus on innovation, and achieve results.
The ‘barbell economy’ in manufacturing presents a formidable challenge, creating a deep and widening chasm between a few technologically advanced giants and a vast number of small and medium-sized enterprises.The barriers of capital, skills, and strategic capacity are real and deeply entrenched across North America and Europe.However, these obstacles are not insurmountable. It means accepting reality, focusing on innovation, understanding the trends, aligning with them, and starting to work with them. The fact is, the path forward for SMEs is not to replicate the resource-intensive models of their larger counterparts.Instead, the opportunity lies in leveraging their inherent advantage: agility. Small organizations can act faster, work faster, and adapt faster.And it also means collaborating more – stepping outside one’s own shell to access other resources. The most successful SMEs are those that recognize they cannot go it alone. By actively participating in collaborative ecosystems, SMEs can access the critical funding, talent, and expertise necessary to compete on a global scale.Bottom line? The Fourth Industrial Revolution is not a threat to be feared, but an unprecedented opportunity to redefine the rules of success and drive the next wave of innovation and economic growth.
“The farmer of the future is part biologist, part data scientist, and part roboticist—but is still 100% an optimist who plants a seed and believes in tomorrow.” – Futurist Jim Carroll
The sepia-toned image of a world-weary farmer with a pitchfork is a relic.Today’s farmers and ranchers are some of the most innovative people I know, operating at the intersection of advanced science, high technology, and profound optimism. They are astute business people who thrive on the complexity of their industry and are relentlessly focused on the opportunity that lies ahead. Albeit, they might make some odd choices at times!With that in mind, this summary is about the second type of farmer and provides a roadmap for that future-positive farmer. Let’s look at the key trends reshaping the industry, take a deeper dive into their impact, and then share an actionable playbook of ten strategies to navigate the era of acceleration and own the future of the world’s oldest—and most innovative—profession.
To succeed tomorrow as a farmer today, you must understand the powerful forces reshaping your world. These trends are not distant possibilities; they are active realities creating massive opportunities.
AI-Driven Precision Agriculture. AI analyzes data from drones, sensors, and satellites to create precise maps, allowing farmers to optimize the use of irrigation, fertilizer, and pesticides, which boosts yields while reducing costs and environmental impact.
Autonomous Operations & 24-Hour Farming. The future of farming is happening faster than you think, with driverless tractors and weed-zapping robots becoming a reality. This technology is transitioning us to a world of 24-hour farming, where autonomous equipment can operate around the clock. This dramatically increases efficiency and helps to mitigate the impact of labor shortages.
Accelerated Agricultural Science & Genomics. Agriculture is fundamentally about science, and science is accelerating at an exponential rate. Advances in genomics, nanotechnology, and bioinformatics are transforming the industry. This allows for the development of new seed varietals engineered for specific microclimates and the discovery of new uses for crops, like using soybeans as a material in car seat cushions—creating entirely new markets.
Hyper-Connectivity & Livestock Monitoring. We are firmly in the era of the “connected cow,” with “Fitbits for cows” providing a constant stream of data. These AI-powered sensors and rumination collars monitor livestock for health and welfare, providing early alerts for illness, optimizing breeding cycles, and even sending out calving alerts. This saves farmers time and money while improving overall herd management.
Vertical Farming & Controlled Environment Agriculture (CEA). As the global population grows and arable land shrinks, farming is moving indoors. Vertical farms can reduce land use by up to 99% and water use by 95% while enabling year-round, 24-hour production in urban centers. This radically shortens supply chains, reduces transportation costs, and provides consumers with fresher produce.
Data-Driven Decision Making. The modern farm generates a massive amount of data. AI and predictive analytics can process this data to forecast crop yields, detect plant diseases from drone imagery, monitor soil quality, and provide insights on commodity market trends, helping farmers make smarter, more profitable decisions.
Generational Transformation. The tech-savvy “iPod generation” is taking over the family farm. These digital natives have grown up with technology and are more open to adopting new ideas and tools, from iPad-based farm management to precision ag technologies. This generational shift will ensure we see more change on the farm in the next 10 years than we have in the last 50.
The Rise of “Just-in-Time Knowledge”. The pace of change and scientific discovery has made it impossible for any single person to be an expert in everything. This has led to the emergence of specialized “knowledge partners,” like manure managers or data analysts, who help farmers navigate complexity. Success now comes from the ability to get the right knowledge at the right time for the right purpose.
Sustainability & Food Security. A core challenge is that global food production must double in the next 30 years with little new arable land available. This positions innovative and efficient growers for immense success. Furthermore, sustainability is becoming a key market differentiator, allowing producers to market products like”environmental beef” based on independently audited environmental management systems.
Supply Chain Disruption & E-commerce. The agricultural supply chain is being reshaped by everything from global trade volatility to new technologies like blockchain for food safety and traceability. E-commerce and social media are enabling more direct consumer-producer relationships, allowing farmers to bypass traditional middlemen, build their own brand, and capture more value.
These aren’t crazy, science-fiction-like ideas – these are real trends happening now!
All of these trends involve a powerful convergence of digital, mechanical, and biological innovations. Here is a more detailed look at the foundational shifts underway.The Digital Field – Precision, AI, and Data-Driven AgricultureThe most profound shift in modern farming is the transition from managing by averages to managing by specifics.This deeper level view is provided by remote sensing from satellites and drones, which scan vast acreages to monitor crop health and identify stress long before it’s visible to the naked eye. Complementing this is the micro-level detail from on-the-ground Internet of Things (IoT) devices providing a constant stream of granular data on soil moisture, nutrient levels, and localized weather.The true transformation occurs when this data is processed by the role of AI and machine learning. Beyond prediction, AI delivers prescriptive actions: What should we do now? In California’s water-scarce Central Valley, AI-powered precision irrigation systems have achieved water savings of up to 30% without sacrificing yield. In India, the agritech startup CropIn has used AI to help farmers reduce pesticide applications by 30% while increasing yields by up to 20%.There are countless other stories like this.The Automated Farm – Robotics and the Future of LaborAs the digital revolution provides the “brains,” a parallel robotics revolution is providing the “brawn.”The fully autonomous tractor has moved from science fiction to commercial reality, capable of executing complex tasks like planting and tilling 24/7 without a human operator. Companies like John Deere now offer factory-installed “Autonomy Ready” packages, while innovators like Raven Industries offer modular systems like OMNiDRIVE. The impact is profound; one of my research articles noted an 8,000-acre farmer who reports that autonomy has not only boosted efficiency but has also profoundly improved quality of life, enabling the farm to “get our time, health, and sanity back” by running operations overnight.This technology enables a strategic shift from the “Goliath” model of ever-larger machines to a “swarm” model, where a single operator supervises a fleet of smaller, lighter autonomous robots. This reduces soil compaction and adds operational redundancy. Specialized robots are also targeting labor-intensive tasks. Robotic weeders like BoniRob use computer vision to distinguish crops from weeds and mechanically remove the latter, drastically reducing the need for herbicides and making large-scale organic farming economically viable.The Genetic Revolution – Biology as a Core CompetencyAdvancements in genomics are giving farmers an unprecedented ability to enhance the biological potential of their crops and livestock.Genomic selection has transformed breeding from an art into a science of prediction, allowing breeders to analyze an animal’s DNA at a young age to calculate its future performance. Beyond reading the genetic code, new technologies like CRISPR gene editing are about writing it.This technology is being used to create disease-resistant crops, heat-tolerant cattle, and produce with enhanced nutritional profiles and longer shelf life, building resilience directly into the genome. A landmark success story is “Sub1” rice, which was bred to tolerate flooding and now prevents the loss of an estimated four million tons of rice annually—enough to feed 30 million people!The Evolving Business of Farming – Beyond the Commodity ModelLast but not least, many farmers are realizing the path forward is not just selling crops – it’s selling value-added ‘things.’ The most successful agricultural enterprises are moving beyond the high-volume, low-margin model of pure commodity production, aka cash crops, where their future is determined by market prices and global volatility, i.e., tariffs. They are diversifying through three key avenues:
Value-Added Agriculture: This is the process of transforming a raw product into something new, like turning milk into artisan cheese or apples into cider. This is a direct strategy for farmers to claim a piece of the 79% of the retail food dollar that is captured in processing, marketing, and distribution.
Controlled Environment Agriculture (CEA): By moving production indoors into vertical farms, CEA uses technologies like hydroponics and LED lighting to grow crops year-round with up to 98% less water and 99% less land. Business models range from Infarm’s in-store modular units to PlantLab’s large, centralized food factories.
Agritourism: This model links agriculture with tourism by offering on-farm experiences like “U-pick” operations, direct-to-consumer relationships built through the Web and social media,farm-to-table dinners, and educational workshops, creating a powerful direct-to-consumer revenue stream.
The primary hurdle is not just the cost of entry, but the development of an organizational capacity for continuous learning and adaptation. The barbell economy is a gap in adaptive capacity – it’s a failure in innovation – and it’s a setback with initiative.
Bring it all together, and the agricultural sector is experiencing a technological transformation as profound as the mechanical revolution that defined the last century. It ain’t your grandad’s farm! And yet, many small and medium-sized farms (SMEs), the bedrock of rural economies, are struggling to keep pace, facing a formidable set of financial, infrastructural, and educational barriers.What’s in the way? The path to adopting these transformative technologies is often blocked by a consistent set of challenges – money, skills, and often, fear!
Financial Hurdles: The high initial capital cost of advanced machinery like autonomous tractors or robotic weeders, combined with an unclear or long-term Return on Investment (ROI), remains a primary barrier for operators with tight margins.
Skills and Knowledge Gaps: The complexity of modern AgTech creates a significant skills gap. There is a shortage of workers with the expertise to operate, manage, and maintain these new systems, from data analytics to robotics maintenance.
Infrastructural Deficits: A lack of reliable, high-speed internet connectivity in many rural areas is a fundamental obstacle to leveraging cloud-based farm management platforms, IoT sensors, and other data-intensive technologies.
Data & Security Concerns: As farms become more connected, issues of data ownership, privacy, and cybersecurity become critical. Many farmers are rightly concerned about who controls their operational data and how it is being used by technology providers. Efforts by equipment providers in advanced technology have led to the ‘right-to-repair’ movement – many farmers are pretty pissed off at organizations like John Deere which have locked down smart equipment with onerous policies!
Even so, despite these barriers, “future-positive” farmers are proving that transformation is possible. I dug out a few success stories that provide a powerful blueprint; I’ve shared many more from the stage over the years.
The ROI of Autonomy (Betsy Rowland’s Farm): On her 8,000-acre corn and soybean farm, the deployment of autonomous tractors has done more than just boost efficiency by allowing labor to be reassigned to higher-value tasks. It has profoundly improved her quality of life, enabling the farm to run operations overnight while she sleeps, helping her “get our time, health, and sanity back.”
The Power of Specialized Robotics (BoniRob): To combat rising herbicide resistance and meet consumer demand for organic produce, robotic weeders like BoniRob use advanced computer vision to identify and mechanically remove weeds with precision. An Austrian farmer using a similar system reported removing 70% of weeds with zero hours of manual labor, a task that previously took 180 person-hours per hectare, making large-scale organic farming economically viable.
The Impact of Advanced Science (Sub1 Rice): Researchers identified a gene that conferred remarkable tolerance to flooding and, using Marker-Assisted Selection, precisely bred it into popular high-yielding rice varieties. The resulting Sub1 rice now prevents the loss of an estimated four million tons of rice annually—enough to feed 30 million people—demonstrating how targeted genetic innovation can build global resilience.
So what should a modern, future-oriented farmer do?Knowing the trends is not enough. The future belongs to those who act.Here is a playbook of ten actionable strategies I have covered on stage for agricultural leaders around the world.
Master the Data to Master the Farm: Your farm’s most valuable asset is shifting from physical inventory to information capital. Conduct a data audit to see what you’re already collecting, define the data most critical to your profitability, and start with a single, high-impact data project (like using soil sensors in one field) to prove ROI before scaling.
Embrace “Autonomy as a Service“: The future can seem like a big investment – and it is! De-risk the high capital cost of taking a different approach – for example, with robotics, shift your mindset from ownership to access. Explore equipment leasing, “AgTech-as-a-Service” subscription models, or hire custom work providers who have already invested in the latest autonomous equipment. Consider retrofitting existing tractors with aftermarket autonomy kits to lower the barrier to entry. Find a local kid who is into robotics – and bring them onto the farm as an apprentice!
Architect Your Value Chain: Move up the food chain by identifying a defensible niche for a value-added product, such as artisan cheese or specialty flour. Map out the venture, start small by selling at farmers’ markets to test demand, and leverage your farm’s unique story as a key marketing asset to build a powerful brand.
Leverage Genetic Insights for Competitive Advantage: The industry is surrounded by ‘agricultural coaches‘ – work with them! Find genetic consultants or breeding cooperatives to help you define your genetic goals and implement a strategic genotyping plan. Integrate this genomic data into day-to-day management decisions to accelerate the rate of genetic improvement and ensure you are investing the most resources in the animals and crops with the highest potential.
Build a Collaborative Ecosystem: The complexity of modern agriculture is too great to master alone. Forge strategic partnerships with academic institutions for early access to research, hire specialized consultants for targeted challenges like data management, and form peer-to-peer learning networks with other innovative farmers to shorten the learning curve.
Design for Resilience, Not Just Yield: View sustainability as an economic driver. Adopt practices like cover cropping and reduced tillage that improve soil health, which in turn reduces input costs and makes your operation more resilient to climate volatility. Explore circular economy principles, such as using an anaerobic digester to turn manure into a value stream (biogas and fertilizer).
Invest in Human Capital: Treat investment in your team’s skills with the same seriousness as investment in machinery. Conduct a skills inventory to identify gaps, budget for continuous training, and empower a “tech champion” within your team to lead the adoption of new tools. Prioritize technologies with intuitive user interfaces and strong customer support to reduce the training burden. Find the young people who get it!
Pilot, Prove, and Propagate: Use a disciplined, evidence-based approach to technology adoption. Start with a small-scale pilot project on a single field or group of animals. Define your success metrics upfront and rigorously track the data to prove the ROI. If the pilot is successful, use the lessons learned to inform a phased, strategic rollout across the rest of your operation.
The agricultural landscape is in the midst of its most profound transformation in a century.The future of farming is not a singular choice between technology, biology, or business strategy; success lies in their masterful integration. The modern farmer must be conversant in the language of data analytics, fluent in the principles of genetic potential, and skilled in the art of strategic enterprise. While the tools of the farmer are undergoing a radical evolution, the fundamental spirit of the profession remains constant. It is a spirit rooted in a profound optimism—the unwavering belief that investing labor, capital, and intellect into the soil today will yield a harvest tomorrow.The future-positive farmer embraces this duality. They are the data scientist analyzing satellite imagery, the roboticist dispatching autonomous machines, and the biologist selecting a seed with genetically encoded resilience.But at their core, they are still the optimist who, in deploying that seed, places a fundamental bet on the future. It is this potent combination of high-tech innovation and timeless optimism that will not only secure the future of the individual farm but will cultivate the future of the global food system itself.
“The power plant of the past was a smokestack on the horizon. The power plant of the future is the solar panel on your roof, the battery in your garage, and the intelligent software that connects them all.” – Futurist Jim Carroll
This simple observation captures the most profound transformation the energy industry has undergone in a century.Think about it: for decades, the energy and utility model has been simple: massive, centralized power stations push electricity in one direction to passive consumers. That era is decisively ending. We are witnessing a fundamental shift from a one-way delivery system to a multi-directional energy infrastructure, creating a stark divide between the incumbent organizations tied to the old grid and the agile innovators building the new one.A lot of this has to do with technologies and ideas that are caught smack-dab in the middle of the craziness of the culture wars of 2025 – solar, renewables, batteries, and electric vehicles – but successful people take the long-term view, align with reality, know that science is real, and the disruptive trends always overcome short-term craziness.With that in mind, here are the key trends reshaping the energy and utility industry, the significant barriers to transformation, a playbook of actionable strategies, and real-world case studies of organizations navigating this new landscape.
The future of energy is arriving faster than you think. These are the powerful currents already reshaping ou
the electrification revolution. The massive shift from carbon combustion to electric power is transforming not just the grid, but transportation and infrastructure.
accelerating renewables & grid parity. Renewables like solar and wind are now the cheapest source for new power generation in most markets. In 2023, 81% of all new renewable capacity added worldwide generated electricity more cheaply than the most economical fossil fuel options.
the battery storage disruption. Batteries are the “keystone” binding the decarbonization of the transportation and power sectors. Costs have fallen dramatically, making both affordable mass-market EVs and large-scale grid storage economically viable. Like, I wrote in a post many years ago, ‘batteries are the future of just about everything.’
energy decentralization & microgrids. Energy is now being generated, stored, and managed closer to where it’s consumed, giving rise to the “prosumer“—an active participant who both produces and consumes energy. This is leading to the emergence of local, resilient community microgrids.
the rise of the “smart grid” & AI. We are embedding intelligence into the network. Smart meters, IoT sensors, and AI-driven analytics are creating a responsive, “aware” grid where electricity and data flow in both directions, allowing for predictive maintenance and real-time load balancing.
vehicle-to-grid (V2G) integration. Electric vehicles are evolving from just being modes of transportation into mobile batteries that can provide critical storage for homes and stability services back to the grid.
business model disruption. The old model of simply selling kilowatt-hours is becoming obsolete. New models like “Energy-as-a-Service (EaaS),” platform orchestration, and the “un-utility” concept are emerging.
the circular economy for energy. As the energy transition accelerates, a new challenge and opportunity is emerging: what to do with aging assets. The focus on battery recycling and repurposing—giving EV batteries a “second life“—is creating a new, multi-billion dollar circular industry.
the AI-driven demand shift. The massive, escalating energy demand from data centers and AI infrastructure is placing unprecedented strain on aging grid systems and reshaping the landscape of power consumption.
climate-positive technologies. Innovation is moving beyond simply reducing harm (net-zero) to actively enhancing ecological systems. Technologies like green hydrogen production and carbon-negative concrete are creating pathways to generate both environmental benefits and new economic value.
These trends are real, significant – and continue to emerge at breakneck speed on a global basis, despite the efforts of some nations to turn their back on them.
Unlike most other industries, where big organizations are moving forward and small ones are not, the reverse is happening in this sector!At one end are the large, incumbent utilities grappling with the immense challenge of modernization. At the other, much more agile end are the small and medium-sized enterprises (SMEs), community-led cooperatives, and innovative startups that are pioneering the new energy future. Even so, while large players are constrained by aging infrastructure and regulatory inertia, smaller entities face their own significant barriers, from high capital costs to a lack of access to markets.What are the barriers?
high capital costs and investment lag: The most significant barrier for SMEs and community projects is the high upfront cost of energy infrastructure. While the cost of generating renewable energy has plummeted, the associated investments in grid-scale batteries, smart grid technology, and modernized distribution systems remain substantial.
regulatory inertia: The existing regulatory framework was designed for a 20th-century grid and often creates significant hurdles for 21st-century innovations. New business models like community microgrids, peer-to-peer energy trading, and Vehicle-to-Grid (V2G) services frequently clash with outdated rules governing grid access, energy tariffs, and data sharing. This slow pace of regulatory reform can make it difficult for innovators to bring new solutions to market.
aging and inadequate infrastructure: Smaller players do not operate in a vacuum; they must connect to the existing grid. This infrastructure is often old and ill-equipped to handle the dynamic, two-way flow of power from thousands of distributed energy resources (DERs) like rooftop solar and EV batteries.
skills gap and technical complexity: The new energy economy requires a new set of skills. There is a growing shortage of workers with expertise in data science, cybersecurity, and the complex software systems that manage a smart grid. SMEs and community groups often lack the in-house technical expertise to design, implement, and manage advanced energy systems.
cybersecurity risks: As the grid becomes a hyper-connected network of millions of devices, it becomes a much larger target for cyberattacks. While this is a challenge for all players, SMEs and community projects may lack the resources and expertise to implement the robust cybersecurity measures necessary to protect their assets and the grid to which they are connected.
culture wars: Simply put, as various regions turn their backs on science and technology, local utilities suffer as a result, finding themselves in the situation of having to align with the future with continuously aging and outdated infrastructure.
Despite these formidable barriers, a growing number of smaller, agile organizations are successfully navigating the energy transition. Their stories provide a powerful blueprint for how to overcome systemic challenges.
the community-owned grid: Feldheim, Germany: A small village in Brandenburg, Germany, Feldheim is a pioneering example of a community-driven approach to energy independence. The local utility company refused to lease the local grid to the community, creating a major obstacle to their goal of self-sufficiency. In response, the community partnered with a local developer to build its own independent electricity and district heating grids, financed by EU support and a partnership of local households. The technology mix is diverse, including a 74 MW wind farm, a biogas plant fueled by local agricultural waste, and a solar park. The Outcome: Feldheim achieved 100% energy self-sufficiency, and residents enjoy energy prices about a third lower than the national average. The project created local jobs and now generates significant revenue by selling 99% of its wind power back to the national grid.
the startup-driven circular economy: Evyon (Norway): Founded in 2020, this Oslo-based startup has a mission to give electric vehicle (EV) batteries a second life. The rapid growth of EVs is creating a future wave of millions of used batteries that, while no longer suitable for automotive use, often retain 70% of their storage capacity. Evyon developed a proprietary platform to repurpose these used battery modules into certified, modular energy storage systems for renewable energy applications. The Outcome: In just a few years, Evyon has deployed nearly 1,000 second-life battery modules across 25 projects in six countries, preventing 50 tonnes of battery waste and avoiding 1,000 tonnes of CO₂ emissions. Their innovative model earned them a win in a major industry challenge, securing a pilot project to scale their systems across Europe.
the residential V2G power plant: Sunrun, BGE & Ford (Maryland, USA): A pilot program launched in 2024 in Baltimore represents America’s first residential Vehicle-to-Grid (V2G) distributed power plant. As electricity demand peaks in the evening, utilities often fire up expensive “peaker plants,” while many EVs sit parked with fully charged batteries. This pilot, a partnership between solar installer Sunrun, utility BGE, and Ford, uses the bidirectional charging capability of the Ford F-150 Lightning to allow the utility to draw power from the trucks’ batteries during peak demand hours to help stabilize the grid. The Outcome: The project serves as a crucial proof-of-concept for the technology and business model. Participants can earn money by sending energy back to the grid, adding a new value stream to EV ownership, while the utility demonstrates how a fleet of EVs can act as a distributed power plant, reducing strain on the grid.
These are but a few stories – given the nature of local energy microgrids, there are tens of thousands of similar case studies.
Even so, despite these barriers, “future-positive” farmers are proving that transformation is possible. I dug out a few success stories that provide a powerful blueprint; I’ve shared many more from the stage over the years.
de-risk innovation with pilot projects & regulatory sandboxes: Instead of attempting a system-wide overhaul, start with a manageable pilot project to test a new technology or business model. Many governments are also establishing “regulatory sandboxes” that allow innovators to test new products with temporary relief from certain rules, which is ideal for trialing new business models like peer-to-peer energy trading.
reinvent the business model beyond the kilowatt-hour: The old model of simply selling electricity is becoming obsolete. Smaller players can outmaneuver incumbents by offering innovative, service-oriented business models. Embrace “Energy-as-a-Service” (EaaS), where a provider installs, owns, and operates energy assets on a customer’s property, and the customer pays a recurring fee for the service with no upfront capital cost. Alternatively, become a “Platform Orchestrator” for peer-to-peer (P2P) trading platforms like those from PowerLedger, allowing individuals to buy and sell excess solar power directly.
leverage the power of the cooperative: For community-scale projects, the cooperative model is a powerful tool. As demonstrated in Feldheim, Germany, pooling community capital can finance significant renewable energy projects. Partnering with municipalities is also a key strategy, as local governments can provide access to land and act as an “anchor tenant” by agreeing to purchase a portion of the energy produced.
master alternative financing and ownership models: Access renewable energy without massive upfront investment. Utilize Power Purchase Agreements (PPAs), where a developer installs and operates a renewable energy system on a business’s property, and the business agrees to purchase the power at a fixed, lower rate. For businesses without suitable roof space, “Community Solar” projects allow multiple customers to subscribe to a large, off-site solar farm and receive credits on their electricity bills.
build a collaborative ecosystem: Success requires forging strategic partnerships to access capital, technology, and expertise. Collaborate with technology providers, like Evyon’s partnership with a major automaker, to de-risk development. Engage with universities for access to state-of-the-art research and a pipeline of skilled talent, and partner with community colleges to develop training programs for the new workforce the clean energy economy requires.
The energy sector is in the midst of a once-in-a-century transformation. The transition to a clean, decentralized, and intelligent grid is not a question of ‘if‘ but ‘how fast.’The trends are undeniable, driven by the powerful and self-reinforcing forces of economics and technological innovation. For leaders in the industry, the choice is stark: actively architect this new energy future, or risk becoming a stranded asset of the past.
“Yesterday’s medical breakthrough was a new drug. Tomorrow’s breakthrough is the intelligent algorithm that designs the drug, the connected device that delivers it, and the data stream that confirms it worked.” – Futurist Jim Carroll
This single idea captures the profound shift underway in healthcare.Success is no longer measured by a single intervention, but by the intelligence of the entire system of care. It’s a big undertaking, but one full of opportunity. Over the years, I’ve keynoted dozens of healthcare conferences, leadership meetings, and events, and have been writing on the topic extensively. Heck, in 1997, I released a book that predicted much of today’s landscape called Good Health Online, not to forget that I predicted today’s healthcare reality crisis – almost exactly as it is unfolding now – back in 2017.Let’s dig in.
If I look back at the topics I’ve covered, it’s clear that the future of healthcare is being redefined at blinding speed. These are the 10 powerful trends creating both unprecedented challenges and massive opportunities.
The shift to preventative medicine: The entire system is pivoting from a model that fixes people after they’re sick” to one of preventative, diagnostic medicine, driven by the plummeting cost of genomic science.
The acceleration of medical science: Medical knowledge is now doubling in months, not years, leading to a furious pace of discovery in areas like gene therapy, regenerative medicine, and biomaterials.
Bio-connectivity & the virtualization of care: The hospital as we know it is disappearing, extending its reach into the community and the home through a new generation of intelligent, Internet-connected medical devices.
The rise of the empowered, connected patient: With wearable devices and real-time data, individuals are becoming active participants in their own care, creating a new “consumerization” of healthcare.
AI-driven diagnostics and treatment: Artificial intelligence is becoming the new engine of healthcare, used to analyze medical images, accelerate drug discovery, and create personalized treatment plans.
The data-driven healthcare dashboard: We are moving from episodic data collection to a continuous, real-time stream of health intelligence, enabling community-wide monitoring of emerging health challenges.
The gig economy and the “just-in-time” medical professional: As medical knowledge fragments into hyper-specialized niches, organizations will increasingly rely on accessing the right skills at the right time for the right purpose.
The redefined pharmacy: The role of the pharmacy is expanding beyond simply dispensing pills into a critical hub for community care, diagnostics, and integrated health services.
Longevity science and brain health: The focus of medicine is shifting from just extending lifespan to enhancing “healthspan,” with massive investment focused on tackling the biggest challenges of aging.
The blurring of industries: Technology companies are becoming healthcare companies, food companies are becoming wellness companies, and insurers are becoming preventative care partners, creating new ecosystems of innovation.
All of this spells big opportunity – but also involves a huge effort.
While all ten trends are critical, a few stand out for their immediate and profound impact. Their convergence is creating a powerful, self-perpetuating flywheel of innovation.The Shift to Preventative MedicineThe most fundamental transformation is the pivot from a reactive “sick care” model to a proactive system of preventative and predictive medicine. This is a complete realignment of the industry’s economic foundations. The global preventive healthcare market is on a steep upward trajectory, projected to reach an astounding $920.31 billion by 2034.At its core is the maturation of precision medicine.Examples abound. The completion of the Human Genome Project unlocked our ability to read the human genetic blueprint, and today, whole-genome sequencing is available for as low as $600. A landmark initiative, the “BeginNGS” newborn screening project, exemplifies this power. By conducting whole-genome sequencing on newborns, the program screens for hundreds of early-onset, actionable genetic conditions. Initial data were striking: 3.7% of the first 4,000 newborns screened positive for a condition not covered by standard tests, demonstrating a life-saving potential to intervene before a genetic condition causes irreversible harm.The Acceleration of Medical ScienceThe pace of scientific discovery has reached a velocity that is fundamentally reshaping the boundaries of what is possible.Medical knowledge is now doubling in months, not years.What does it lead to? Consider the global regenerative medicine market, which is projected to surge from $35.47 billion in 2024 to $90.01 billion by 2030 – we’ll soon be growing human body parts. That might be a bit of a stretch, but maybe not. Then there is the promise that gene therapy is finally being realized. In 2023, the FDA granted special designation to EDIT-301, a groundbreaking CRISPR gene-editing drug for severe sickle cell disease. In one remarkable case, a bespoke CRISPR treatment for a rare genetic disorder was developed for an infant in under six months, a feat made possible only through rapid collaboration across academia, industry, and regulators.Bio-Connectivity & The Virtualization of CareThe traditional concept of the hospital is rapidly becoming obsolete.A new paradigm, driven by bio-connectivity, is extending the reach of healthcare into the daily lives of patients.The global “remote patient monitoring (RPM) market” is projected to experience explosive growth, expanding from $27.72 billion in 2024 to $56.94 billion by 2030. A study of the Heartbeat Health virtual cardiology program provided compelling evidence of its efficacy. This 100-day post-discharge program, combining virtual visits with remote patient monitoring, achieved a 53% reduction in cardiac-related hospital readmissions.That’s a huge result! The future lies in bio-convergence, with innovations like bio-chips that can house living tissue (e.g., from a tumour biopsy) to test its response to various drugs outside the body.The Rise of the Empowered, Connected PatientThe centuries-old relationship between doctor and patient is undergoing a profound transformation. This “consumerization of healthcare” is forcing a rigid, provider-centric system to become more transparent and convenient.A 2024 PwC survey starkly illustrates the economic necessity driving this trend: seven out of ten consumers report that they either cannot afford their current healthcare costs or cannot afford to pay more. This financial pressure is the primary driver behind the demand for tools that allow patients to compare prices and make informed decisions. Modern platforms like Relatient are creating a comprehensive “digital front door,” offering Amazon-like healthcare experiences, with digital intake, secure two-way communication, and automated satisfaction surveys to create a seamless digital experience.AI-Driven Diagnostics and TreatmentArtificial intelligence is rapidly evolving into the new computational engine of modern healthcare.A 2024 study highlighted the dramatic impact of “Aidoc’s AI stroke solution”. By automatically analyzing brain scans to detect and prioritize suspected large vessel occlusions, the platform reduced the average door-to-puncture time by a remarkable 38 minutes. In oncology, the Princess Máxima Center for paediatric oncology is collaborating with Google to develop an AI tool named Capricorn, which leverages Google’s advanced Gemini models to help clinicians rapidly identify the most promising personalized treatment options for each child.
n the middle of all these trends, we are witnessing the decline of a medical superpower.For decades, the United States has been the undisputed center of gravity for global healthcare innovation.That is now coming to an end.A once hypothetical but plausible scenario in 2025—in which a new U.S. administration implements regressive policies that turn away from science and healthcare investment—is now significantly altering the global healthcare landscape. This shift is a catalyst that is accelerating the global healthcare innovation as other countries take over the future of healthcare. The impact is that capital, talent, and research are rapidly migrating to nations with more supportive policies, creating a new, multi-polar world of healthcare advancement.A U.S. scientific and idea recession is manifesting in several ways:
Reduced Federal Research Funding: Significant cuts to the budgets of institutions like the National Institutes of Health (NIH) would curtail basic scientific research, slowing the pipeline of discovery.
Erection of Regulatory Barriers: A more skeptical or politicized regulatory environment could slow the approval of novel technologies like gene therapies and AI-driven diagnostic tools.
Withdrawal from International Collaboration: A retreat from global scientific partnerships and data-sharing initiatives would isolate the U.S. research community.
Legislative Instability: The potential repeal of legislation like the Affordable Care Act (ACA), which includes mandates for no-cost preventive services, could undermine the economic foundations of the preventative care market.
These trends are creating significant opportunities for other nations to “pick up the slack.”The United Kingdom, with its Life Sciences Vision and nationalized health data, is positioned to become a genomics leader. Canada, with over $2.2 billion in new federal funding for its Biomanufacturing and Life Sciences Strategy, is becoming a powerhouse in regenerative medicine. Germany, through its new Medical Research Act, is taking aggressive steps to speed up clinical trial approvals and attract pharmaceutical R&D.The result is not just a single new global leader, but a more decentralized innovation ecosystem where success depends on building a strategic presence across a diverse network of specialized innovation hubs.In my mind, this is only going to make the science and technology of healthcare even faster, while the US ultimately begins to suffer from its rejection of modern-day realities.
Clearly, the healthcare sector is experiencing a technological transformation as profound as any in history, but this progress is creating a stark divide.The same “barbell economy” I’ve referred to in other industries is also emerging here, where large, well-funded health systems rapidly adopt transformative technologies, while smaller community hospitals, clinics, and independent practices struggle to keep pace. These smaller entities, the bedrock of healthcare delivery for many, face a formidable set of financial, infrastructural, and educational barriers that threaten to leave them behind.
Financial Hurdles: The high initial capital cost of advanced technology—from AI diagnostic platforms to robotic surgical systems—combined with an unclear or long-term Return on Investment (ROI), remains a primary barrier for organizations with tight margins.
Skills and Knowledge Gaps: The complexity of modern MedTech creates a significant skills gap. There is a shortage of workers with the expertise to operate, manage, and maintain these new systems, from data analytics to AI literacy. This extends to leadership, where many lack the expertise to build a compelling business case for investment.
Infrastructural Deficits: A lack of robust, interoperable IT infrastructure is a fundamental obstacle. Many smaller organizations are still grappling with legacy electronic health record (EHR) systems that do not easily integrate with new virtual care platforms, IoT sensors, or advanced analytics tools.
Data & Security Concerns: As healthcare becomes more connected, issues of data ownership, privacy, and cybersecurity become critical. Smaller organizations often lack the resources and expertise to implement the robust cybersecurity measures necessary to protect sensitive patient data from increasingly sophisticated threats.
Like I’ve mentioned – the opportunity is huge, but the barriers are high!
The Playbook: 10 Actionable Strategies for Healthcare Innovators
That means that the future of healthcare will be defined by those who are bold enough to act. This playbook outlines ten strategies for leaders to navigate the disruption and build a more intelligent, resilient, and patient-centric system.
Shift the mindset from “sick care” to “healthcare“: Make the transition to preventative medicine the core of your strategic vision. Focus on wellness, early diagnostics, and proactive interventions that keep people healthy, rather than just treating them after they become ill.
Embrace the virtualization of care: Aggressively invest in and pilot bio-connectivity and telehealth technologies. Extend the reach of your organization beyond its physical walls and into the community and the home, creating a more efficient and patient-friendly model of care.
Think like a technology company!: Recognize that every healthcare organization is now a technology company. This means prioritizing data analytics, building agile teams, and focusing relentlessly on the user (patient) experience.
Harness the power of AI: Move beyond pilot projects and integrate AI into core clinical and administrative workflows. Use it to enhance diagnostic accuracy, personalize treatment plans, and automate routine tasks to free up clinicians for more complex, human-centric care.
Master “just-in-time knowledge“: In an era of exploding medical knowledge, your competitive advantage comes from your ability to get the right knowledge to the right professional at the right time. Invest in AI-driven clinical decision support tools and platforms for continuous learning.
Design for the empowered patient: Involve patients in the design of new services and technologies. Build tools that provide them with access to their data, support shared decision-making, and empower them to become active partners in managing their health.
Adopt an “upside-down innovation” model: Don’t assume all the best ideas will come from within your organization. Source ideas from patients, frontline staff, and external partners. Actively collaborate with startups and technology companies that are redefining the boundaries of what’s possible.
Reinvent your workforce strategy: The war for talent is one of the biggest challenges in healthcare. This requires a new focus on upskilling and reskilling your existing workforce for the new roles of the virtual and data-driven era, and creating a culture that can attract and retain the next generation of medical professionals.
Build a culture of bold experimentation: The future of healthcare is too complex to be predicted with certainty; it must be discovered through experimentation. Create a culture where it is safe to try new things, learn from failure, and rapidly iterate on new models of care. Think big, start small, and scale fast.
Challenge your assumptions relentlessly: The rules of healthcare are being rewritten. The most dangerous assumption you can make is that what made you successful in the past will make you successful in the future. Constantly question your own business models, processes, and beliefs.
Last but not least, I’m not writing from some theoretical perch. I’ve walked and talked these trends with global leaders – with just a few of my projects involving these groups, where I’ve helped to put strategy into action:
Pfizer: The rapid evolution of genomic science, the acceleration of gene therapy, and the virtualization of healthcare are not just abstract trends; they are the core drivers of the modern pharmaceutical industry. My keynote for their global leadership team in Paris just months before the pandemic focused on the sweeping trends that would define their future, challenging them to align their R&D and business models to this new, high-velocity reality.
ICON PLC**: This global clinical trial powerhouse is at the forefront of leveraging AI to solve one of the biggest problems in drug development: the fact that 80% of clinical trials fail to meet their enrollment deadlines. My keynote for their CEO-level leadership meeting in Dublin was a deep dive into how they could use AI to disrupt their own business model—by identifying candidate molecules faster, predicting patient response to treatments, and accelerating the entire clinical trial process.
Invisalign / Align Technology: The world of dentistry is being transformed by the acceleration of new materials, 3D printing, and new, hyper-aware consumers. For my keynote to over 500 of their dentists in London, UK, the focus was on how to innovate in an era of volatility by embracing these fast-moving trends and creating new, patient-centric business models.
American Association of Orthopaedic Executives: Bionic limbs, 3D printed body parts, and IoT connectivity embedded directly into hip replacements are no longer science fiction. For this keynote in Nashville, I took over 500 executives on a rocket-ride into the future of their profession, challenging them to find opportunity in the accelerating pace of medical science and technology.
These organizations and many more are taking up the challenge of a world of healthcare that is navigating more profound and rapid change than it has witnessed in the last century.The forces at play—accelerating science, transformative technology, and the empowerment of the patient—are not cyclical trends but the agents of a permanent, structural reinvention of the industry. The opportunities for innovation are immense, but they will not be captured by those who cling to the models of the past.The future of healthcare will not be defined by a single piece of legislation or a singular miracle cure, but by the relentless pace of scientific discovery and the bold leaders who are willing to challenge the status quo. The future belongs to those who are fast, and the race to reinvent healthcare is on!