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The 3rd Industrial Revolution

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Compass Summit

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Partner:: Compass Summit
Location:: Terranea Resort
Palos Verdes, CA
Event Date:: 10.24.11
Speakers:: Stefan Heck,; Matt Rogers
Tags:: green technology; technology

Summary: THE CHANGING LANDSCAPE OF JOBS AND THE WORKFORCE

The 3rd Industrial Revolution

Stefan Heck, Director, McKinsey & Company
Matt Rogers, Director, McKinsey & Company

Compass Summit, a forum for true interaction and exchange, examines some of today's most pressing problems through the lens of global citizenship, recognizing that human ingenuity is an unlimited resource. Guided by NPR's Ira Flatow, an intimate group of some of the world's best thinkers and doers convened along the rugged Palos Verdes coastline on Oct 23-26, 2011 at Terranea Resort to engage in meaningful conversation, ask questions, and challenge ideas -- we invite you to join in the conversation.

Bio

Stefan Heck

Stefan is a director in McKinsey’s Stamford office and founded and leads the Firm’s Global Cleantech Practice and the industrial practice in Northeastern US.

Stefan serves leading technology, industrial, and energy companies including solar, materials, energy storage & batteries, electric vehicle, building systems, utility, energy efficiency, and renewables companies, as well as private equity firms and sovereign wealth funds investing in Cleantech. Stefan also works with a number of foundations focused on sustainability, energy, and environment.

Stefan focuses on strategy and innovation, including topics such as new business building, growth, portfolio management, business model transformation, China expansion, global scaling, M&A/alliances/partnerships/licensing, innovation culture, idea generation, product and technology development.

Stefan previously led McKinsey’s Global Semiconductor Practice and has served the leading global semiconductor companies around the world on both operational and strategic topics for many years, including extensive time in Asia. Stefan received his Ph.D. in Cognitive Science from UCSD and a B.S. with honors in Symbolic Systems from Stanford University. His research focused on neural network algorithms and the neural basis of reasoning.

Prior to joining McKinsey, he was responsible for developing Apple’s web presence, built a prototype agent-based satellite image delivery systems for NASA, founded the Stanford Solar Car Project and built two generations of solar power cars, developed expert systems for IBM, and developed pattern recognition neural networks at Xerox PARC.

Matt Rogers

Matt Rogers is a Director at McKinsey & Company whose career has been focused on technology and innovation in restructuring markets in energy and capital intensive industries. He played a leading role in developing McKinsey’s perspectives on global energy supply/demand and pollution abatement economics.

Recently, as Senior Advisor to the Secretary of Energy for Recovery Act Implementation, Matt managed the Department’s $35.2B in appropriations which funded 5,000 projects on job creation; accelerating US energy efficiency innovation; transportation; renewable energy; energy infrastructure; carbon capture; environmental clean-up; and basic and applied science."

Chapters

: Watch Full Program

20 min 51 sec

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01.: Introduction

01 min 34 sec

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02.: The History of the Industrial Revolution

01 min 26 sec

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03.: Preparing for the Third Industrial Revolution

05 min 06 sec

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04.: Beginning a Culture of Change

05 min 00 sec

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05.: Using Measurement to Increase Productivity

02 min 52 sec

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06.: Restructuring and Managing New Changes

03 min 01 sec

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07.: The Demand is Here

01 min 53 sec

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: Watch Full Program

20 min 51 sec

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Want to Innovate? Avoid the Red Queen Effect, Says Rogers

01 min 59 sec

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Matt Rogers, director of McKinsey & Company, argues that innovation requires going outside of your industry and "capturing new ideas" -- and not falling victim to what he calls "the Red Queen Effect."
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