the role of emerging technologies in driving future...
TRANSCRIPT
The Role of Emerging Technologies in Driving Future Legal Strategies and
Business Models
Rohit Talwar CEO – Fast Future Research
Project Director - ILTA Legal Technology Future Horizons Study
ILTA Legal Technology Future Horizons The Role of Emerging Technologies in Driving Future Legal Strategies and Business Models
Rohit Talwar - CEO – Fast Future Research www.fastfuture.com [email protected] Twitter @fastfuture
ILTA Catalyst Conference - Las Vegas - August 20th 2013
ILTA Legal Technology – Future Horizons Project - Objectives
• Identify key business, legal and IT trends and developments
• Build a timeline of emerging technologies and IT developments with high potential legal impact
• Explore IT’s transformative role in future legal business models and service differentiation
• Highlight strategic imperatives for effective use and management of IT in legal
Objectives
• Explore strategy and business model implications for key emerging technologies
• Examine challenges of business and IT alignment in a turbulent world
Discussion Question • What end user
developments are you pursuing – how might these impact your strategies and business models?
• What are the key end user technology developments that you think could have the greatest impact on how law firms operate over the next 5-10 years?
• How might they impact law firm strategies and business models?
Discussion Question
• Where could the evolution of the internet and artificial intelligence have the greatest impact on the work of law firms?
• What are the potential implications for business strategies and business models?
Discussion Question
How can we achieve business and technology alignment in a turbulent and continuously evolving environment?
Survey 1 - explores the potential business impact of information technology on business in general and the Legal Industry over the next ten years: http://s.zoomerang.com/s/futurehorizons Survey 2 - presents and explains a wide range of emerging and possible future technology developments and asks for an assessment of when they might be picked up by pioneers: http://s.zoomerang.com/s/ILTAEmergingTech
Fast Future – Core Services
• Live Events - Speeches, briefings and workshops for executive management and boards of governments, investment funds, development agencies , companies, airlines, airports, hotels, venues, CVB’s and associations
• Future Insights - Customised research on emerging trends, future scenarios, technologies and new markets
• Immersion - ‘Deep dives’ on future trends, market developments, emerging issues and technology advances
• Strategy - Development of strategies and business plans • Innovation - Creation of business models and innovation plans • Engagement - Consultancy and workshop facilitation
Fast Future • Research, consulting, speaking, leadership • 5-20 year horizon - focus on ideas, developments, people,
trends and forces shaping the future • Clients
– ING, ABN Amro, Laing O’Rourke – Marks and Spencer – Airports - Aeroports de Paris / Schiphol Group – Vancouver Airport Services – Industry Associations – ICCA, ASAE, PCMA, MPI – Corporates - GE, Nokia, Pepsi, IBM, Intel, Orange,
O2, Siemens, Samsung, GSK, SAPE&Y, KPMG, Amadeus, Sabre, Travelport, Travelex, ING, Santander, Barclays, Citibank, DeutscheBank
– Governments - Dubai, Finland, Nigeria, Singapore, UK, US
– Convention Bureaus – Seoul, Sydney, London, San Francisco, Toronto, Abu Dhabi, Durban, Athens, Slovenia, Copenhagen
– Convention Centres – Melbourne, Adelaide, Qatar, QEIICC – Hotels - Accor Group, Preferred, – Intercontinental – PCO’s - Congrex, Kenes
Our Services Bespoke research; Identification & Analysis of Future Trends, Drivers & Shocks
Accelerated Scenario Planning, Timelining & Future Mapping
Identification of Opportunities for Innovation and Strategic Investment Strategy Creation &
Development of Implementation Roadmaps
Design & Facilitation of Innovation, Incubation & Venturing Programmes
Expert Consultations & Futures Think Tanks
Personal Futuring for Leaders and Leadership Teams
Public Speaking, In-Company Briefings, Seminars and Workshops
Example Projects • Public and private client research e.g. :
– Reinventing the Airport Ecosystem
– Development of Market Scenarios, emerging trends and strategies for key clients
– Government and OECD Scenario Projects – e.g. Migration 2030, Future of Narcotics, Chemical Sector, Family 2030
– Scenarios for the global economy for 2030 and the implications for migration
– Designing Your Future (Published August 2008) – book written for the American Society of Association Executives & The Center for Association Leadership
– Global Economies – e.g. The Future of China – the Path to 2020
– The Shape of Jobs to Come – Emerging Science and Technology Sectors and Careers
– Winning in India and China
– The Future of Human Resources
– Exploiting the Future Potential of Social Media in UK Small to Medium Enterprises
– Convention 2020 – the Future of Business Events
– Future Convention Cities Initiative – Maximising Long-term Economic Impact of Events
– One Step Beyond – Future trends and challenges for the events industry
– Hotels 2020: Beyond Segmentation – Future Hotel Strategies
– The Future of Travel and Tourism in the Middle East – a Vision to 2020
– Future of Travel and Tourism Investment in Saudi Arabia
Hotels 2020 – Objectives • Identify key drivers of change
for the globally branded hotel sector over the next decade
• Examine the implications for: � Hotel strategy � Brand portfolio � Business models � Customer targeting � Innovation
• Global strategic foresight study to help the meetings industry prepare for the decade ahead - Industry-wide sponsors
• Multiple outputs Nov 2009 – December 2011
• Current studies on future strategies for venues and destinations
Convention 2020
Rohit Talwar • Global futurist and founder of Fast Future Research. • Award winning speaker on future insights and strategic
innovation – addressing leadership audiences in 40 countries on 5 continents
• Author of Designing Your Future • Profiled by UK’s Independent Newspaper as one of the Top 10
Global Future Thinkers • Led futures research, scenario planning and strategic
consultancy projects for clients in telecommunications, technology, pharmaceuticals, banking, travel and tourism, environment, food and government sectors
• Clients include 3M, BBC, BT, BAe, Bayer, Chloride, DTC De Beers, DHL, EADS, Electrolux, E&Y, GE, Hoover, Hyundai, IBM, ING, Intel, KPMG, M&S, Nakheel, Nokia, Nomura, Novartis, OECD, Orange, Panasonic, Pfizer, PwC, Samsung, Shell, Siemens, Symbian, Yell , numerous international associations and governments agencies in the US, UK, Finland, Dubai, Nigeria, Saudi Arabia and Singapore.
• To receive Fast Future’s newsletters please email [email protected]
• 50 key trends • 100 emerging trends • 10 major patterns of change • Key challenges and choices for
leaders • Strategic decision making framework • Scenarios for 2012 • Key futures tools and techniques • Published August 2008 • Price £49.95 / €54.95/ $69.95 • Email invoice request to
Designing Your Future Key Trends, Challenges and Choices
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Image Sources p.2 20. Left, right: http://3.bp.blogspot.com/-tSakk6blD0E/ThQFp308KKI/AAAAAAAABF8/8IMmmwVCr6U/s1600/artificial-intelligence.jpg http://images4.fanpop.com/image/photos/14700000/asimo-hello-artificial-intelligence-14797196-1024-768.jpg 21. http://www.davidakka.com/wp-content/uploads/2012/07/Big-Data3.jpg 22. http://www.bluesci.org/wordpress/wp-content/uploads/2011/09/computer+speech+_Jamie+Marland_-2.jpg 23. http://www.remoteworkmate.com/wp-content/uploads/2010/11/VirtualAssistant.jpg 24. http://webtechman.com/blog/wp-content/uploads/enterprise-20-collective-intelligence-at-work.jpg 25. http://channeledessence.com/wp-content/uploads/2013/01/Cyberhead-on-lightstalk.-Artificial-intelligence..jpg 26. http://www.mondolithic.com/wp-content/uploads/2012/01/Pour-Le-Scienz_Mystery-of-the-New-Math.jpg