Posted by: prataap | August 31, 2008

CULTURE TREND 3: REINVENTING ART


REINVENTING ART

IS THAT REAL OR IS ART REAL?

 WHOSE ART IS IT ANYWAY?

 

EMERGING TRENDS:

When Shock Art no longer shocks, what’s next? When work, play, and the creation of new things, and the transfer of information (most art can be transferred as digital information) is free over the Internet thanks to Napster, Wrapster and who knows who else, the question is no longer “what is art?” but “whose art is it anyway?” and “who is an artist?” Anyone can have an audience of millions for every bit of their self-expression thanks to YouTube and MySpace.

Let’s take the trends and pull them apart. First there is the current trend in art to want to shock. This will continue to its logical end and move to the next taboo area. Art will dwell on death in ways as yet unexplored in documentation and performance.  The art forms of human death will be plumbed for all they are worth before interest in that too dies. The Internet created the world-wide audience that Timothy Leary sought while he died.  His was a first tentative step in that direction, now with much better video and real time images, watch for actual gore to be the next topic of net censorship.  And others like Randy Pausch make the transition from life to death more normal with videos like The Last Lecture. It has had an audience of over 2 million hits and is still growing, but is that art?  Why not? In this age of instant polling, who decides?

With web pages so easy to create and every portal offering them for free, it’s only a matter of time before some smart entrepreneurial artist/programmer comes up with an offering to create your own masterpiece programs. Templates in music and fine arts that help you write original classical music and paint in a particular style already exist. Define your style and then it can be varied and refined with the guidance built into the program; for example, it might stop you from using purple with pale green or a high C unless you override it. And there is the Bill Gates mansion version: flat screen displays of art where and when you want, for rent, on loan, or stuff you own.  Soon expect to see versions of shock art king, Damion Hersh’s shark in formaldehyde for rent for your Christmas party. The headset version might just be out in time for Halloween next year.

How about art for any occasion? Performance artists whom you commission to create an art event for your wedding, or your office Christmas bash, or IPO party! (yes IPOs still do happen) Or an aspiring local singer under the auspices of Guru.com makes herself available to serenade as you propose to your beloved and that followed by a romantic dinner for two served at the top of the local historic landmark tower.  (Only if she says “yes”, of course.)

Even “high art” will leave the galleries and museums and find new venues. It already has crossed over into the mundane via web sites, and CDs.  You can tour the Louvre and most major museums and stop and get the scoop on any painting in each gallery, the artist, style, etc.  Museums are becoming more like circuses, and performance entertainment centers and less like the serious centers of “aahrrt” of the past. And they all want the latest IT architect in fashion (Gehry, of course) to design a statement or a spectacle of a building that might become the main attraction. The art inside is now secondary to the entertainment and talk value of the museum itself. Tate in London, Guggenheim in Bilbao, Getty in Santa Barbara, Museum of Fine Arts in Boston have each hired a performer architect to create the circus tent for the art experience inside. Whatever happened to good old blank white walls where paintings could be seen without the noise of architecture and museum gift shops and cafes? Say goodbye to all that for good, and don’t look back because art, like retail is being combined with entertainment and food and even dating. Yes the MFA has first Fridays for singles to commingle with Picasso; masterpieces mere backdrops for foreplay.

When art no longer hold its own as the focus it will soon morph and join a new partnership to become a new retail concept or just another service industry available on demand where and when you want it.

 

Next Opportunities:

Where do these trends about art as entertainment lead you and me. The obvious ones are; if you are an aspiring singer or performance artist, make yourself available through service providers like Guru.com and become part of an entertainment package. Or if you can market yourself as the “it” architect of the day you can get the next big commission to package art in gold foil (titanium is already done) for the next museum design statement. There is no place for the “starving artist” in the entrepreneurial society of today. Like it or not, artists are going to have to compete with everyone creating their own art and marketing it on YouTube and not on eBay. And if at Christies they can sell art made by some Malaysian elephant, then in the age of the Internet you too can find some angle for making your unique mark on the art world.  Be the creator of the first “green painting” that when planted and watered per instructions becomes a scenic carbon absorbing plant.

If you are too shy to claim to be an artist or designer right away, start your own web site with items for sale from other designers.  Anyway, start with your own web site, every one of you.  It is your calling card to the world; make it your artistic statement to the world. Design is everywhere. BMW, Nike, and now Apple have made design and art part of all consumer products of the coming decade. It’s time we all joined the movement of expressing ourselves as artists. Sell your own book, your next song, your next painting directly over the web! Create the next art form and make the world your audience. Perform live from your bedroom. I take that last one back, that’s already done and it’s really boring.  Anyway, perform. You get the picture.

The bottom line with this trend is that there are opportunities for tie-ins with all kinds of existing service providers (wedding and event organizers, web site programmers, interior designers and as many more as there are services) The masses want personalized, changeable art on the cheap. The immediate next trend, a la Bill Gates’ vision, your flat screen wall mounted panel will let you create and display whatever you want to call art anytime you want by simply downloading the image of your choice onto it. You might pay a fee or you might not.  This will be followed by ubiquitous 3D art when holographic technology comes of age.  And it will come of age.

Any which way you cut it, look for all forms of art, written, sung, painted, performed to be made directly available to the audience. Gear up for that and you will become the leader of the pack. Create a brand name for yourself and you will make money at it. Become the next generation Andy Warhol or David Bowie. Create collaborative music with your fans. Let them in on your creative process and watch an instant community grow. The pioneer is PatroNet launched by rock musician Todd Rundgren in 1998. Rundgren envisions a music industry in which artists interact more directly with fans who become collaborators in creating and marketing music and providing it on a Virtual Private Network (VPN) where one never has to buy music. Simply subscribe to the VPN. Yahoo and Microsoft are experimenting with the idea. Think up the next model, there will be many forms of direct niche marketing.  Wikipedia, for example, spawned a novel written by the collective masses.

Art will sell based on 10% talent, 40% timing and 50% buzz! Leave art school credentials and commissions to old school galleries. Take your talent directly to the market via the web.  Sep 15 2008, good old Damien is creating a buzz in the art world not with his art, but by how he is marketing it. He is cutting out the his gallery, and putting 223 new pieces up for auction directly at Sotheby’s.

Find a way to create a buzz. Art without buzz will be like the tree that fell in the forest.

Let your imagination run wild.

Create the future and smell the roses, it’s your move!

 

Posted by: prataap | June 30, 2008

CULTURE TREND 2: 20 SOMETHINGS RULE


20 SOMETHINGS RULE

     DOES THAT KID KNOW WHAT HE IS DOING?

25 YEAR OLD MENTORS

 

Emerging Trends:

When 20 somethings set the norm, even Morgan Stanley and Goldman Sacks take notice. Morgan Stanley went “business casual” not just Fridays but five days a week in 2000. And there is even the  book; “Beyond Business Casual”. What’s next?  Dressing down for success?

Along with the illusive flexible hours that translate into 24 hours a day and 7 days a week; at home, on the road, and at the “office”,  as opposed to conference rooms and three piece suits, “idea sharing spaces”, jeans and chinos, and the ubiquitous basketball hoop seem to rule in more and more companies.

New norms for this creative culture, essential for keeping the brightest minds engaged, has resulted in some funky office environments that are part entertainment complexes, work areas that merge with “play areas”, even in-­house concierge and day care. That’s just  for starters. The next generation of workplaces for the new economy (offices)will depart from the Yahoo and Microsoft format campuses and move into the big city. On the inside they will be comfy environments for creative chaos and interaction, with non-assigned work stations along with a few enclosed spaces for concentrated work, play, or virtual simulation of products and presentations. A mostly open environment with lots of light and ability to interact non-hierarchically, but close to bars, restaurants, and cool places to hang out to take a break from work. Cities that are considered cool and hip, think Seattle, Boston, SF, already are and  will continue to be the hot centers of this economy , as companies migrate to where their employees want to be.

Next Opportunities:

In this new free form work environment, architects and interior designers will have a field day collaborating with entertainment and industrial designers to create the work space for the New Economy. The merging of work and play being the defining concept. Experimentation with new materials, and combining media-­technology with interior design will flourish. Las Vegas meets Pixar meets Urban Outfitters. To keep the 20-30 something parents from leaving, bringing infants to work will become much more common and normal and therefore work environments will change radically to accommodate this truly multi-generational shift in the nature of the workplace. Star, “must keep”, talents will get a lot more latitude than others in how they define their hours, place of work and environment.

Corporate coaches for the old economy, and “Brand You 50” and Tom Peters for the New Economy. Within 10 years, mentors and personal coaches will be ubiquitous. Anyone over 40 with any real experience and expertise running a company will be highly sought after, like Randy Komisar, author of “Monk and the Riddle”, who at 45 is the CEO of anywhere from 4 or more start-up companies at any given time and goes by the title of “Virtual CEO” because he does not operate out of any one office. Most start ups have passion, a niche, a technical specialty that they believe the market needs, and many have money; what most do not have is the wherewithal to manage the company at the breakneck speed required to grow in order to produce the product and bring it to the market before the competition. Which is why people like Randy Komisar are so much in demand. And like Randy, most of them got paid last year in significant stock options on top of a very high base salary.

Human Resources will need to change its name and nature once again. It will get more personally involved in managing the lives of the people willing to give 24/7 to the company’s vision. Making sure that affirmative action is pursued, sexual harassment is dealt with and that cultural/racial integration is happening will be the bare minimum of their mandate. They will soon function more like a Human Concierge Department. They will be charged with meeting all the human growth needs (as opposed to just career development) and day to day needs of the 24/7 staff, and special personalized needs of the star talent. And among Smart Companies HCD (Human Concierge Departments) will vie with each other to one up the other in how well they cater to the specific needs of their staff, keep them loyal and focused, look for innovative services, offerings and games to be played out in coming years. For sheer ingenuity, the services they will come up with will make the airlines creation of $30 window seats and pricey leg room pale in comparison.

Let your imagination run wild.

Create the future and smell the roses, it’s your move!

Posted by: prataap | June 8, 2008

CULTURE TREND 1: THE ASIAN INVASION


THE ASIAN INVASION

      INDIA AND CHINA COME OF AGE

         THE TIGER AND DRAGON BY THE TAIL.

 

Emerging Trends:

Here are some recent tectonic shifts to ponder.

 

A major shift in US-Indian foreign relations occurred in the Spring of 2000; President Clinton announced that $4 billion worth of business deals had been signed in 2 days on his 5 day trip to India. For the first time a US President’s South Asia agenda was being shaped by economic ties rather than regional geo-politics.  In addition, Clinton’s commercial business agenda on his India trip was shaped largely by the American-Indian business community. He was accompanied by Gururaj Deshpande one of the leading lights of the Internet revolution and founder of Sycamore Networks Inc. of Chelmsford, Mass.  

In 2000 India received $3 billion in direct annual foreign investment, at the time a fraction of China’s $44 billion, that gap has closed considerably in less than 8 years.  The added incentive for this shift, in the words of Ray Vickery, advisor to US-India Business Council; ” … India is Democratic, English speaking, there’s the rule of law, and they have a great sense of humor … ” On the other hand, thanks to the iron fist in China, if the center thinks it’s a priority some things can get done over night, while India’s infrastructure remains mired in multiple centuries.

 

As AOL and others are still trying to get a real foothold in China, thanks to Yahoo’s co-founder Jerry Yang’s ability to schmooze Beijing with his Mandarin,  Yahoo has had a successful portal there for years.  One of the less talked about reasons that Yahoo was a take over target for Microsoft in 2008 was Yahoo’s major presence in China..Microsoft coveted them for reasons beyond expanding the search engine market.

 

In 2008 two of the top Fortune 100 companies were headed by Indian born CEOs. Vikram Pandit of Citigroup and Indira Noori the CEO of Pepsi. Besides being brilliants minds in their own right, they give their companies the ability to create truly global strategies. After the first wave of engineers and doctors, India’s more recent immigrants have been more eclectic and include emerging leaders. Vinod Khosla a Silicon Valley giant formerly of VC firm of Kleiner Perkins Caufield & Byersthat who funded the likes of Google, Genentech and Sun Microsystems, is one of the pack of leaders who came to the US from India as part of the second wave 40 years ago.  The third wave has just come in. Bobby Jindal the Governor of Louisiana, a first generation Indian, was among the first round of candidates for VP on the Republican ticket with John McCann.

 

A winning global strategy has become a must have in today’s highly integrated and interconnected global economy and these Americans of Indian and Chinese origin give the US a secret weapon in the global economic war . Even american political parties are recognizing that x-factor.

Thanks to the key roles they play in the Internet revolution not only in the US, but around the world, today’s Chinese and Indians are well poised to take on much bigger political and economic leadership roles  Britain, Germany, Japan, New Zealand and Scandinavian countries are competing to recruit Indian high tech workers who they believe will improve their competitive edge.

Indians and Chinese outside the homeland have yet to have their true voices heard and they may well be the x-factor in the new economy.   A world leader is bound to emerge from this group within the next 2-5 years.

Next Opportunities:

The breakdown of H-I B visa recipients for 2000 was 43% of India origin, 10% born in China, and 54% working in the computer industry (surprise !), with 50K as the median annual income. Even with the economic downtown of 2008, all of the 60,000 H-1-B visas were snapped up on April 1, the first day they became available and the median annual income has almost doubled.  And this while there is a national recession.  In today’s global economy, even talk of a national recession has to be sector specific and the number of highly skilled workers in many sectors of the economy remains tight.

 

The opportunities are many; from the obvious immigration lawyers, to the in-house mentoring programs already in place in most companies to help integrate (not assimilate) employees from different cultural backgrounds into the culture of the company while teaching a few essential  Americanisms! Many placement and HR firms are also incorporating a cultural assimilation component in their placement programs. A crash course in the finer nuances of life in the fast lane in America is becoming more the norm than the exception.

 

US companies such as Griggs Productions of CA are learning to understand and integrate the new cultures entering their previously white male domain and introduce new forms of diversity training that goes way beyond the assimilation, race and gender issues of yesteryear., They  promote cross-cultural differences and better understanding of each other in the workplace.

The next generation of opportunities lies in the new form of cross-cultural integration.  This new wave of truly international immigrants will demand to keep what they want of who they are and adopt or adapt what they want from the American melting pot.  Smart Companies already have table tennis (not ping pong, please) and cricket leagues along with softball. Cafeterias at IBM or Akamai may soon serve yakama soup, chicken vindaloo, Peking duck, and burgers. Personal coaches will be offered to the star immigrant workers to help make the multi-cultural transition as smooth as possible, while nurturing the independent, creative streak that makes them so valuable.  For new immigrants, finding ones identity within this new set of sub-cultures can be a major emotional and physical drain, especially in the first few years. Any personalized resource that can reduce the strain and help him/her become more productive faster, as well as services that allow a company to be truly global in its own corporate culture and outlook will attract the best talent and create a competitive edge in the global marketplace.

Private schools in Silicon Valley and Massachusetts that act more like ex-patriot schools abroad, like those in Singapore where they acknowledge and encourage the retention of the multi­cultural backgrounds of their students, will attract more of these companies and workers to locate there. This will in turn demand greater partnership between these companies and the local private schools. A win-win proposition. Look for a school near you in CA, or MA offering Mandarin or Gujarati as the second language and sponsored by the local software or biotech giant.

Watch for a whole new wave of regional cuisine to find its way into the restaurant scene of major cities and for many of them to be refined, specialized Chinese and Indian restaurants in the 5 star categorys. Think Malabar Fish Head Curry or roast pig next time you think BBQ this summer and be ahead of the crowd. If you think you have been eating Indian and Chinese food since the 60’s, you have only tasted the tip of the iceberg of those two cultures culinary delights. The next Julia Child of cooking may well be Ming Tsai of Blue Ginger in Wellesley Mass or the next Indian star chef on the Food Network. Or maybe it will be someone one who is honing his culinary fusion skills on his way right now from Kerala  via London and headed for the shores of California

Let your imagination run wild.

Create the future and smell the roses, it’s your move!

Posted by: prataap | June 8, 2008

VISION: CULTURAL SHIFTS


VISION: CULTURAL SHIFTS 

Forget 1st and 3rd world differences. The old habit of dividing 1st and 3rd worlds is not  a meaningful way of viewing the world any more. First and third are so intertwined that the distinction is not relevant.

Meantime a few major demographic shifts are occurring whose profound effects will be felt at least in the US for decades. These will color the nature of the next generation workforce and business culture, and will herald a whole new set of cultures that have not been part of the American politician and economic landscape. As a result, in the next 5 years watch for at least one of the following three things to occur; a Latino Governor in one of the three big states Texas, Florida or California, an Asian American Ambassador to EU, and/or a first generation Asian in the Presidential cabinet.

Let’s look at 3 key interrelated trends that will shake up the cultural in the business world. Even with predictions of a depression in 2008, unemployment is still under 4% in parts of California and Massachusetts in the high tech industries. In fields like bio-tech companies can not find enough technically trained staff and so many of them are stealing from each other to stay competitive. Second, a large number of the highly skilled workers needed by the high tech based New Economy are not in the US, they are in India, and to a lesser extent in China and Eastern Europe (Bulgaria & Hungary) and will have to be imported. Third, a majority of this crop of high tech cross-cultural immigrant workers has a few characteristics that run across national borders; they are extremely well educated, independent, very motivated, politically jaded, raised and nurtured on western pop culture, entrepreneurial to the core, techno-savvy, and passionate 20 somethings. Nomads. What will it take to get them to make US their home base even for a short while ?

The Rand Corporation predicts that one third of this country’s population will claim Asian or Hispanic roots by 2050 (Economist): The plain facts are that in less than 20 years in many of the richer suburbs in this country you will hear a lot more Russian, Gujarati, Spanish and Mandarin than you will English.  Additionally,  thanks to their larger numbers in the medical, scientific research fields, and their increasing dominance in the area of computer programming, South Asians are the ethnic group with the highest per capita income in the US,.  

If you want to stay culturally relevant find out what is inside a dosa and how it differs from Konji.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Posted by: prataap | March 9, 2008

VISION: POLARIZATION


VISION: POLARIZATION

Polarization of various forms is upon us:  great wealth and scarcity, fast and slow paced life options, info overload and info indigestion.  Based on currently emerging trends, these forms of polarization of society: weather, behavior, work and play, will create new ideas, opportunities for businesses, choices for people and clues to how society may evolve in the 21st century.  

This will require major shifts in thinking. In the business world for example, the current trend of mega mergers & buyouts will matter less. Think of the hoopla that was created by the thought of AOL merging with Time Warner. And now, the question is: Microsoft+Yahoo= Google ? Or United + Continental + British < Delta + Northwest + AirFrance ? In the long run these market consolidations will hardly matter. Size is not where it is at. Who would have thought Motorola would be gone by 2008?

The new paradigm will be short term alliances that create whole new markets and then capture large shares of it by being first.  This will be different from the 20th century business strategies of merger and buyout with the primary focus on size and greater market share. The new trend will be focused on short term alliances creating new products and services through their combined assets and strengths. When the market peaks, the alliance dissolves, and a whole new one is created with other partners.  The new world order has a very short shelf life. Strike while the iron is hot and then get out!

In the next 20 years, the size of companies will matter less than the synergistic alliances that they can create through partnerships that exploit technological innovations and the constantly shifting marketplace. Polarization causes a widening gap. Result: a vacuum for new opportunities. Ultimately, think in terms of  “polarization” as meaning, “new beginnings”.

The major shift is going to be away from capturing existing market share to creating new markets. And companies,products, and services that do not innovate around easing the life of its stressed out consumers/clients will die or be bought out.



REAL ESTATE

Location, Location, Quality of Life

Creating Nations Within Nations

Emerging Trends:

As described by the WSJ (Jan 2008), gentrification is taking on a whole new meaning: broad swaths of rural America are being gussied up by baby boomers who are buying up retirement property well before retirement along with other wealthy global nomads who now own 4 homes on 5 continents. OK 5 homes. Who’s counting? 

Wireless telecommunication is allowing us to operate from more and further remote locations. The migration of Californians up the coast to Oregon in the 1980s for better quality of life will pale in comparison to the global form this will take in the next 10 years. The combination of the high US dollar through the last 20 years and relatively low real estate values in some parts of Canada caused almost all the prime coastal properties in Nova Scotia to be sold to US citizens from as far away as S. Carolina and Oregon, as well as to Germans and British.  But in Nova Scotia, it was only the coastal properties that the wealthy nomads sought.   A nation within a nation formed on the South Shore of Nova Scotia. The full political, social, and economic impacts of this are not fully clear, except that waterfront properties that sold for $30,000 in 1998 were selling for $150,000 in 2000 and jumped to an average of $400K by 2007 and even with the weak US dollar in 2007 they are still a bargain by US coastal standards.  

The trend will focus next on the remote Caribbean islands like Saba and before long Bhutan and Iceland (Don’t laugh. It may be cold, but it’s hip and they can party) and then next thing you know, some remote village in Kenya will host Bill Gates’s daughter working out of her totally wired global dot com headquarters.

Next Opportunities:

If you are looking to invest in your 3-4 home and have got the first two in two cities, you cannot look far away enough; the ideal combination being remote but with an airport within a 3 hour drive. Look for small communities with rich local history and culture (rural, ranching, fishing, artist communities are favorites), and limited road access is another plus. Satellites, wireless telecommunication and Web phones will take care of the rest. 

And if you are part of one of these communities, beware, take necessary precautions soon.  Take measures to safeguard your unique community life style and culture from invasion through land banking or other legal, zoning mechanisms. Or make the best of it, go global and reap the benefits of joining the global economy.  If you go for the latter, be ready for SUVs, extreme sports outfits and the ubiquitous kayaks and mountain bikes to take over your back yard.  Be warned, you may have a former dot commer or Wall Street lawyer running your town hall after the next election.  

This phenomenon is going to sweep the globe much faster than people are ready for.  Nova Scotia and Costa Rica will attest to that.  Tibet may be next.  Either way,  a cross section of professional and service opportunities abound for real estate lawyers, builders, investors and small scale entrepreneurs.  Revitalization of forgotten mill towns and fishing villages through increased taxation and inflow of money is happening and will continue apace.  After reading Shipping News, who would think of buying property up Labrador?  Yet, it is fast being recolonized.  It is wild and authentic and remote.  The three key ingredients for the 4th home away from it all, even if it’s for just 2 weeks a year. 

This life style may be mostly for the dot com millionaires, but the trickle down benefits can be capitalized on by many.  Just ask the realtors in once sleepy old Lunenburg, Nova Scotia who 10 years ago literally could not give property away, especially if it was on an island.  Today they have few homes left to sell below $500K from their waterfront inventory and the demand keeps increasing!

Let your imagination run.

Create the future and smell the roses, it’s your move!

Posted by: prataap | March 9, 2008

POLARIZATION TREND 2: Eating: Eating Fast, Slow Eating


EATING

Eating Fast, Slow Eating

Creating New Ways to Relate

Emerging Trends:

Food based retailing accounted for almost one quarter of the nearly $3 trillion in US retail trade in 2000, and on-line grocery sales were expected to go from $233 million in 1999 to $10.8 billion in 2003 (Food Industry Review 2000). Peapod to Grubhub.com, something is shifting here. With that kind of spending on food and the increasing number of people who have limited time to prepare meals concepts of food and eating as we think of them will create many mutation possibilities in the coming years.  

For one, the concept of eating is most likely to free itself from the confines of home and restaurant settings.  Look for a much wider choice of combinations and ways to use eating and food as a medium for social relationships, connecting as yet unrelated activities and people. For example; as food becomes more portable and is condensed into any shape or size, opportunities become endless. You can take it anywhere and combine it with any other activity you chose.

Pushed to its immediate extreme this trend looks like this: you’re and internet billionaire eating farm raised Namibian gazelle in pomegranate crème sauce with a touch of snake venom for bite, while watching Madonna, the opening act for a holographically recreated Beatles re-union concert with Jim Morrison as a cameo, while being on a platform suspended 100 feet over Central Park. This is only for the select many who can afford the $50,000 a plate price tag. The rest of us Hoi polloi can bike in the park with our children on Sunday afternoon and grab food on the go from a “backpack stand” that lets us ride away with a backpack containing just the nutrients we most need for the precise activity we’re engaged in, and in the flavors we most desire with an attachment to the backpack that lets us sip as we walk, run, bike, read, or surf.  

Next generation “take out” is ready to explode around the concept of Entertainment Design. Think of Niketown and Spagos coming together in a limited partnership. Forget the fact that United made such a big deal 5-7 years ago for serving Startbucks coffee ….today, most major airlines are partnering with star chefs to cater to the First Class.  Similarly food bars will pop up in the least expected places. They are at IKEA, coming to Saks, and will soon be in the subway train to Downtown.  Expect them on remodeled Segways as moving hot dog stands.  What’s your partnership idea?

Next Opportunities:

On one hand,  whole new concepts in food stands and “fast food” will be created based on specific activities and someone will sell “ideal” nutrient rich food in the form that’s easiest to transport and eat,  specific to each activity. 

Daily nutritional needs based on your DNA and  personalized just for you, are just around the corner. Now there is a neat little packaged idea.  

The Internet Dinner a la TV Dinner is in a happening niche waiting to be exploited.  Except you won’t be confined to a menu, you’ll be able to order based on qualitative attributes.  I want some “comfort food” or something hot and jazzy” and of course you’ll order on the Iternet or from your cell phone/pda.  And a search engine or bot will offer you choices based on its knowledge of your vocabulary and favorite dim sum, chicken curry, or pad thai and locate the one nearest to you and delivered to wherever you are. Some of this is already possible on GPS/PDA/Mobile,  expect it be jumpstarted with new forms of delivery systems. And if you are at that Pacific resort on a remote island pampering yourself, consult the computer or nutrition monitoring tattoo on your wrist to tell you based on your stored health data, what you ate this week, and what would be ideal for your fine tuned system right now.  And to evolve at the other end of the spectrum will be the wildest combination of exotic locations/activity/food creations combination that will join eating and entertainment in whole new industries. Cirque de Soleil meets Hard Rock Cafe meets Armani.  Fall fashion, food, and entertainment will combine and flourish.  Las Vegas started it years ago and now it will be at an  Entertainment Center near you.  Think of it as the next generation of “multi­dimensional theming” of Entertainment Design and Haute Cuisine.  A decade ago, the introduction of Domino’s Pizza and McDonald’s in movie theaters was considered a big leap from popcorn and soda.  And in the middle will be mundane combinations such as eating and shopping as one activity, not two. Meantime, joggers and Xtreme sport athletes can look out for fanny pack sized Oxygen Generating Systems (OSG) being worked on by NASA to provide optimal octane for the task at hand, cyber or wind surfing.  And to hit a Niketown or CVS near you in the next 3-4 years. Fast or slow or on the go, what’s your choice? Let your imagination run. Create the future and smell the roses, it’s your move!

Posted by: prataap | March 9, 2008

POLARIZATION TREND 3: Cross Industry Alliances


CROSS INDUSTRY ALLIANCES

BIG & SMALL

CREATE NEW LIFESTYLE CHOICES

As globalization of the world economy continues, Europe and Asia will continue to fall victim to the US phenomenon of corporate mergers and break-ups. That’s but a mere distraction. A whole new phenomenon of temporary partnerships or alliances is fast emerging at unthinkable scales and among unlikely bedfellows.  In 2008 Boss and Ferrari joined forces on the $266,00 limitted edition Ferrari 612 Scaglietti. Only 400 of these cars with the ultimate music experience did this exclusive partnership decide to produce. Only a few of these will sold in the US.

Don’t be surprised if the next one is a cross industry and cross cultural partnership like Sony/Martha Stewart/Air France (entertainment/style/travel). That will create new “life style” marketing ideas such as the “Brand You” or “Extreme Care” concepts or themes focused on leveraging advantages of each industry/company to sell new personal identity or self care option. Providing individualized products and services that meet unique and constantly changing identities and life style options will be the coming trend.

Who would have thought in 2001 that Bertelsman of Germany would chose to build a strategic alliance with Napster instead of following its first instinct

to shut them down. They formed a smart alliance which in turn made Bertelsman the leader (albeit for a short while) in the emerging market trend of music download. Now with i-tunes we take phones, music and video downloads for granted!  Multiple service, product and content industries partnering to create new markets.

This sort of alliance is not to be confused with the Airline Partners/Alliance which is mostly about nominal increase in efficiency. Nor should it be confused with Oracle or Pfizer choosing to buy out its competition or buy the next product. That is a growth strategy based more on increasing market share and size and less on creating whole new products or services out of the synergy of bringing two related products or services together. The new generation of alliances will leverage the advantage of one partner with another, and mostly only for a limited market cycle duration. The focus is not on size but the creation and capture of a new market. Imagine the synergy created if Toyota SUV’s were to market the “rugged outdoors as entertainment” life style concept partnering with Damien Hirst, Levi, and Apple instead of going it alone. Theirs would not be just another SUV and, and they would stand out of the pack, which is what it’s all about in the 21″ century. Brand yourself as the innovator in the pack. The combinations are endless. Do what it takes.

Next Opportunities: This phenomenon will especially give smaller, more nimble entrepreneurs or companies lots of opportunities to create short term limited strategic alliances to fill non-traditional market niches that cut across current industry/market niches and that bigger conglomerates will be too slow to be able to capture. A small example of this trend waiting to happen; partnerships/collaborations (not mergers of companies) of smaller retailers such as restaurants and high end clothiers creating the new “life style concept” of eating finger food while you shop, a hybrid created out of an innovative partnership between related activities. And next generation of fast food items after “the wrap” and “smoothies” of the late 90’s will be created that are grease free and spill proof, and can be eaten or sipped on the go. Department stores with lounges are already here….but with a bar and tattoo/massage parlor, that would be the logical next step. There are ten reasons why it can’t be done…but find the one compelling reason why it should be done. And do it! Be the one that stands out of the pack.

In air travel, airlines will introduce pay for services (including food, massage, showers) in the next few years, Virgin Atlantic is leading the way for now in its Upper Class. Suppliers of products and services ready to tailor their packaging and products to the airline needs and passenger tastes will be able to tap that market (see Vision: Customization). Watch for a base airline price and then pay as you go options for food, massage, manicure, showers, sleep chambers, among other options.

In the day to day world around us, Peapod.com or Urbanfetch.com and others already function as the one stop delivery system for the full spectrum of goods and services, from video/junk/food /magazines/ electronics/resumes on demand now!  Brought to you by Partnerships Inc.

In manufacturing you can be profitable from day one if you are in the right manufacturing niche and willing to find the best partner for your services. Cisco Systems the world’s number one maker of computer networking equipment (not just software), routers and fiber optic equipment was also the largest company in the world (based on market capitalization) beating Microsoft in March 2000 and second only to GE in Nov 2000. But the company only owns five factories; the majority of its equipment manufacturing is outsourced to what Cisco calls “virtual manufacturing“.  

From i-phones to medical research, the right partnerships are what is allowing products to hit the market before the competition.

You can do the same and reduce capital costs and outsource even if you are a single person or a small group operation. Focus on what you do best and outsource the rest. Or be the manufacturer for the mega companies. If you do, be sure to have your finger on the pulse to know where and when your next order will come from, and always be looking ahead to know when to re-tool to meet the shift occurring upstream before it gets to you. And be ready to be bought out by the company wanting to leap frog and get into the market. Leverage your position and create the next partnership or go realize your next passion, and the partners will come knocking on your door. Let your imagination run. Create the future and smell the roses, it’s your move!


FAMILY

What is this Family Thing?

Alone? Create Your Own!

  

EMERGING TRENDS:

The concept of family continues to mutate rapidly and radically first from the notion of  tribes to multi-generational to nuclear family. In the last two decades alone, the single parents, the teenage mother, the gay parent, the surrogate mother, and many other options for “family” unheard of even 25 years ago have crept into social acceptance.  

While the legal, social, and economic ramifications of many of these are still in flux; a whole new concept is fast emerging. Creating your “adult family”. You choose the people who you want to be your family, and define the ground rules, traditions, and customs for the family. Two factors are influencing this.

First the need of the aging boomers for an immediate, intergenerational family in light of the fact that today in the age of choices, we travel and grow so far apart from our biological families that we often have more in common with total strangers in “chat rooms”.  And at the same time in urban areas there is an increasing social acceptance of vast deviations from what previously constituted family and community. 

Starbucks lounge has become the defacto daily quick fix for a sense of both family and community. Hardly satisfying, but it’s a trend looking for other places to stick to and congeal.  

One critical social need that will drive this as the baby boomers age, is a great fear of dying alone and all forms of “families” will emerge to fill the void. Boomers are defined by their need to create their own destiny and as they age, “unfinished family business” will be a persistent theme that many who will have spent their adult years “achieving” will want to try to address before they move on to the next galaxy. Opportunities abound.

 

NEXT OPPORTUNITIES:

If you are a healthy, creative, sociable person, with a unique personal story to tell, you will be in high demand to be part of such families. And if you happen to have a useful skill to contribute, then all the better. A person may be a member of more than one family at one time. People will create many rituals that are new and unique and many retail/service/professional opportunities will be created to fill the new family traditions and life styles.

A mundane example could well be architects finding an increased demand for the 60’s concept of co-housing that will mutate into many forms depending on the “chosen” family structure and needs of the “created family”.

Live in place dying.  What’s coming to a city near you is high rise housing that combines independent living, assisted living, and nursing facilities all in one building in the middle of downtown, not out in some place bucolic.  Harvard, MIT and Mass General Hospital are collaborating to produce ” a multi-general residential community of a diverse group of people with an affinity for university life.”  University affiliated multi-generational housing is just the tip of this iceberg.

Similarly, many new rituals of death and dying will evolve as these families of individuals decide what would be meaningful to them. Scattering ashes in the backyard is passe, having them sprinkled among the stars in outer space can soon be arranged. Services that cater to helping you create and desolve your self created family, like bridal and wedding consulting services, will flourish as a niche in the next 20 years. Like the resurgence of middle aged novices entering religious orders, many will find family in existing religious and other communities. Start your own family around a common interest or theme and see them flock.

Some families may even want to “stay together” in some form after they die, while others may want to be transformed into interactive avatars on the web. The reality is that in this age of personal evolution and change more of us will grow emotionally distant from and live and die physically away from our biological families.  Personal coaches and other forms of personal guides will also proliferate as surrogates for traditional family support systems of the past.  

And therefore the need for an immediate family that is based on the specific “support system” that is meaningful to your specific personal identity will create concepts about “family” that might remain outside the legal system for a while before they get lumped under “domestic partnerships,” or some other jargony title for social and political convenience. In the meantime, think way outside that box on your neck and find your service niche that caters to these contemporary forms of families. 

According to the Social Welfare Research Institute at Boston College these boomers in the US will be inheriting in the ball park of $11 to $17 trillion dollars worth in estates from their parents in the next two decades. They will spend it all on themselves, and that too mostly on preserving their idea of youthfulness in any way that they can.  Feeling young is the cornerstone of this generation’s identity.

Don’t just stand there , go create that family you care to live with and die for.   

Let your imagination run.

Create the future and smell the rose, its your move!

 


WORK/PLAY

TWO SIDES OF THE SAME COIN?

COMPELLING VISIONS WILL ATTRACT COMPELLING TALENT.

 

EMERGING TRENDS:

As the line between work and non-work becomes increasingly blurred especially for the entrepreneur/consultants and those working in the information based new economy, companies that have a clear, compelling mission and a culture that fosters innovation, rewards leadership, and values interaction will prevail in attracting and retaining the best talent. Talent, not money, will be the scare commodity of the 21st century. Retaining the best talent is and will be a must for most companies to remain at the cutting edge; the mediocre can be farmed out to the back offices in Bulgaria and Bangalore for now. And money alone will not lure the lone ranger of the wild wild web. She will want three things: to be recognized as an individual, to be part of a mission that will change the world, and most of all, the independence to be creative and think completely without restraint, even freedom to reinvent the wheel just for the heck of perfecting it her way!

Constant change in organizational structure, flattening hierarchy, moving deadlines, fluctuating size, malleable configuration and even radical shifts in company mission will make the workplace extremely chaotic by 20th century standards. But those who thrive on creative chaos and can build and create the next new idea, the next new thing to move ideas even faster, make nanotechnology more ubiquitous, or find a quicker, easier way to get information off the web, will survive past the age of 30; the rest will burn out or find more stable jobs in the old economy (maybe?). The New Economy will demand 250% of you 24/7, but the rewards can be magnificent if you have the wherewithal or a personal coach to help you keep your head on your shoulder, and stay away from the ugly smell of (lBO) Internet Burn Out that will be all around us in 10 years, the chic but real illness that will plague the emerging technologies based sectors of the New Economy.

 

NEXT OPPORTUNITY:

Balancing work and personal life will become increasingly difficult, yet increasingly more important as the 20 something becomes 30 something with 2 kids, a $2 million condo or town house, 3 vacation homes, and a BMW SUV with no time to juggle it all. Is this all there is to life!! There must be more to life! Will these questions be asked more often by 20 year olds than by 50 year olds during their mid-life crises?

What are the opportunities you ask? Smart Companies will provide in-house personal coaches for their star executives and high priced talents so they do not burn out and can have it all. Smart Companies will also encourage the blurring of work and personal life for those stars who they must keep to maintain product edge and market cap. Perks like stock options are passé; Bonuses will become increasingly more innovative and personal than simple money.  The new bonuses will be customized and may include annual extreme sports packages, a personal coach, a house in Nevas to work from for half the year, a live-in robot or whatever the new life style demand. The exact package will be the star’s pick! If you see yourself offering one of these services, you could be someone’s bonus, one of those perk s; go and market it to the Smart Companies.  And if you are one of the company stars, then the sky is your limit when imagining your must-have bonuses. Mix and match the many aspects of who you are with your immediate and long term needs.

If you are one of the star talents of today, then avoiding burnout by 30 is your primary concern. Being a strategic coach, futurist and wise guy myself, I’d make sure that the best personal coach is part of your personalized benefits package. The Smart Companies such as IBM, Razorfish, Cisco, Toyota, and Southwest, for example, offer many of these to their employees to engender loyalty. Some send a third of the company on a Caribbean cruise each year. Richard Branson of Virgin Atlantic personally entertains a cross section of his best employees at his private island resort in the Caribbean each year.

Many companies have wine and soft ball clubs to maintain and motivate group cohesion. That’s not what this is about. This is about finding your inner star. And stars will always need more than just perks to stay and the best things to offer a star employee are a lot of freedom and plenty of challenge, along with the perks package of their imagination.  Because quitting to join the next big thing has become so fashionable, the young and talented strive for “portfolio careers” not “dream jobs”. For the star talent the trend is Freeagent.com. Expose your star potential and offer it up to the highest bidder!

Let your imagination run.

Create the future and smell the roses, it’s your move!

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