Commencement Address Walsh College of Accountancy & Business Administration Zion Christian Church; June 20, 2009

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Commencement Address Walsh College of Accountancy & Business Administration Zion Christian Church; June 20, 2009 Chinese proverb: May you live in interesting times Remember: If life gives you lemons get tequila, salt & call me! Great to be a business grad today even in today s economy Critical needs for innovation and adaptation Manufacturing, life sciences, transportation Energy my area of focus Push for alternatives, Carbon targets 2020 (20%) versus 2050 (80%) Need for Nobel caliber discoveries Might think I was talking about being an engineer but Hey! Who makes all this stuff a reality?!? So many great ideas don t get past go w/o finance, planning, strategy, marketing, etc Even with that the role of technology not just for new toys But is powerful social dynamic to innovation 1

Drives needs, creates markets, builds on itself What does any of this have to do with you? (Beyond obvious) Gunpowder Context the collapsing timeline Innovation history of civilization told in centuries Wheel; tools; bow/arrow; gunpowder (9 th century) 19 th /20 th Century began collapse to decades Began with the invention of dirigibles, the assembly line, airplanes, ice cream cones Einstein s Theory of Relativity, nuclear reactors The traffic light, nylon, duct tape, the bikini Holography, the computer, micro processors, internet Take music; Vinyl records tapes CDs mp3 downloads 21 st Century collapsing even further Computing power (Moore s law power doubles every two yrs) Impact of internet, cell phones 2

Most of what you can t live w/o didn t exist when you were born Ipod, TIVO, Xbox, IPhone, GPS Exponential graph (Asymptote) approaching a limit? Great stuff right? Maybe not HYPERSPACE (Michio Kaku) Failed search life in the universe (SETI, Carl Sagan, etc) Can civilizations survive their own technological innovations? Adapting to new paradigms Germ warfare Nuclear power and weapons Climate change/greenhouse gas pollution Accelerated gaps between haves and have nots Introduced into tribal dynamics the ability to end civilization Ethics of technological advancements What would be the warning signs? 3

NASA photo from space of earth and lights at night Many of world s hot spots in the dark (Afghanistan, Somalia, North Korea, Sudan, etc.) Challenges of world hunger, disease, illiteracy, pain Taking advantage of disadvantaged (1 st world to 3 rd & otherwise) Stripping of resources Sites for new plants, prisons, landfills, etc. 21 st Century will be about meeting critical sociological challenges dressed up as technological advances Energy, medicine, water and other vital resources But the true challenge is not in the lab it s: How to share How to keep from getting too far ahead or behind Minimizing the gaps between haves and have nots How to keep social skills & character evolving at same pace How to know when to say no when to negotiate 4

In line with that concept another element LYDIA King of Lydia story (Plato s Rebuplic) Who are you when no one is looking? (Character/destiny) How do you call upon your own character? By looking beyond the walls of your office or your cubicle, your daily life By staying as open to ideas and differences as you are today and embracing them Keep an eye on the world s issues and challenges See technology (& its application in the market place) not as solution, but the tool CHEESE (Mom never made friends w/cheese) Build collaboration With colleagues With different disciplines Arts, international relations, architecture, engineering With national and international partners 5

Continue your education In your field, but also literature, science, philosophy, the big ideas Love your neighbor 19 th Century across the fence 20 th Century across the country 21 st Century around the world You are our true hope for the future With you lies our ability to avoid catastrophe I believe in you! And I ll work with you... just Embrace differences; welcome change; learn from strangers EAT THE CHEESEBURGER! 6