Forward with Ford Event, Alan Mulally, Malcolm Gladwell Keynote – #fordtrends
It was a long afternoon as I flew from Madison, WI to Chicago IL and finally Detroit, MI. However, the trip was worth it just for this first day. The best part, I am here to learn about how Ford is changing the way we drive our cars.
I got to my room around 6 pm. A quick assessment of gear, a shower and I was out the door to the opening Keynote. Pretty amazing room – I am in the Oliver Wolcott house for this stay. It’s a replica of his house (from Litchfield, CT). Wolcott, of course, is one of the men who signed the Declaration of Independence. Wolcott later became Governor of Connecticut. In the upper suite – a 2 room hotel with 2 bathrooms, I have a place to work, a place to relax and a nice bed to sleep in.
The keynote was held over by the Ford Museum. I ran into Andru Edwards from Gear Live, Helena Stone from Chip Chick, Michael Reyes from Hardware Geeks, Judie Stanford from Gear Diary and CC Chapman. So the room was full enough with superstars, but then Ford came out with more. Alan Mulally, CEO of Ford came on to welcome us. Ed Begley Jr. was at the front table (who will be speaking tomorrow) watching Malcom Gladwell deliver the opening Keynote.
Now, I have to preface this to say I might have been told this before. I like to believe that we live in a “7 time” rule. That means I will learn in one of two ways – either I try something and learn quickly from failing miserably, or someone will have to tell me something 7 times – by the seventh explanation I finally get it.
“I think it’s a cool idea for a conference,” Gladwell states. “Ask this question about how do the trends that describe our present day , affect the way consumers behave and make choices.”
Malcom was the exception to the rule. He started talking about Baseball – how the players used to accept the low pay – in hopes they sold a million baseball cards. Then one person – Bobby Bonds – came in and asked the question why.
He asked 2 questions: How the beliefs the consumers have affects their world. He also tries to convince how a handful of ideas create a dramatic shift in the way people perceive themselves.
Malcolm continued on stories of paradigm shifts. He noted that a Lawyer in the 1930’s made more money than one in the 1950’s. He talked about how the Supermodel came to be – when someone asked why they were only making $60 an hour. When it was all said and done, they ended up making $25,000 a day.
Sustainability and aging demographics. Malcolm sees the trends from the 1970’s, except opposite. In the 70’s there was a resistance to authority. The new trends are about an appeal to authority.
“What does an aging demographic want from the marketplace?” Gladwell asks. “They want help. Wants assistance. Wants the world to be customized in a way that makes up and diminishes their limitations. They don’t want independence. No – they’re not independent anymore. They don’t want autonomy. They are not autonomous. What They want is a partnership with companies and brands they interact with that understands them and administers to their needs.”
Behavior has changed. They don’t reject authority, they partner with authority. Case in point, Malcolm talks about how savings and loans are in a paradigm. When Sony had their servers hacked and stole credit card info, we didn’t pull our money from the banks. We asked for the S&L to step up.
“I can’t be done with city bank. I am not putting my money in a mattress. I need them. My response to this trend, this threat, is not to run away from authority, but to go to authority and say ‘you have to clean up your act, because I cannot live without you.'”
A pretty powerful opening Keynote from a very prolific person. It makes me wonder what the rest of the week has in store…
The rest of the evening was meeting new people and talking about what to expect. Then it was back to the hotel where I could put down my thoughts for the day.