Predicting and Planning For The Future

What if you could predict the future?  It’s the stuff of movies and novels — Like Biff Tannen of Back to The Future you could bet on the right horse and win an easy million — a superpower, that, if it were real, could bring you and your company wealth, prosperity, and wild success. But what if predicting the future wasn’t just fodder for fiction? 

Intel has figured out the secret to predicting the future, and it doesn’t have anything to do with time machines or crystal balls. Joe Jensen is an Intel veteran of 36 years and is currently the Vice-President of the Internet of Things and General Manager of Retail, Banking, and Education at Intel, and on this episode of the Business X factors, he brings us into the company to reveal how innovation happens and what it actually looks like to develop and implement technology for the future.

Main Takeaways: 

• Positive Paranoia: If you keep in the back of your mind that you are always on the brink of being taken down by competitors, you can develop a sense of positive paranoia, which allows you to recognize strategic inflections points and drive innovation in a way that will keep you ahead of the game.
• An Eye Overseas: So much innovation is happening all over the world, and often other companies are ahead in certain areas. Those who want to create innovative new solutions should broaden their horizons and look to other areas to find ways that other cultures are not just using technology, but how their expectations around technology will change because those expectations will likely soon become widespread in other areas.
• Hello, Old Friend: Sometimes the future can be found in the past. Older technology can often be used in new ways that weren’t right at the time but could be game-changers now.

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