Good

morning, welcome to day two of the 2005 of the World Technology Summit. For those of you who were
here yesterday, I may be repeating myself of something I say this morning and I apologize for that. For those
of you who are new, I wanted to explain a few things.

The World Technology Network is global Association of the pure nominated, pure elected most innovative
people in science and technology from the world.

The way this process works this is through the annual World Technology Awards program which as I said yesterday,
I didn't start because the world need another awards program. It definitely didn't but as a betting mechanism for the
membership.

So we have, in the technology world, 20 different categories from the obvious IT and Biotech and health and energy
and materials and space but also related fields like finance, policy and law and designed and ethics. All the things that
determine whether technology goes anywhere, what direction it goes in, etc.

There are not about a thousand members in 60 countries with about

five hundred or so individual fellows. We had an initial group that were nominating members before the
process kicked in.

The feedback process that I'm referring to is the fact that each year now we ask the member, the individual
members who are primarily previous winners and finalists of the annual World Technology awards in their
category to nominate the people in their field that they think are doing the best. The work of the greatest likely
long-term significance. The ripple effect work in their field.

We contact those people. Ask them for more formation. Take that information putting up on 20 judging website since
these people around the world. They go in and rank their preference order, 1s, 2nd, 3rd, 4th, 5th choice. The top five, a few
more in some cases with ties become the new members. We do this in 20 categories for individuals and in last
couple of years in 10 categories for organizations.

The people that get invited to the summit are either current members in those fields or nominees in those fields.


The, so the people that are here are people who've gone through that process.

The

purpose of the organization

is two fold. One it's to serve the individual needs of the elected members. So what happens throughout the year is,
including in this setting is that a member will come up and say I'm working on so and so and I
need this and that and do you have any ideas of people who could help.

We also have a member just saying here's what I'm doing and then an idea might pop into one of our heads about someone
they should speak to. And often I try to make stretch connections. I just have a feeling or someone, another member
has a feeling that two other member should meet and as we heard yesterday, so much innovation happens at
the edge that

making those connections and those sort of stretch connections that aren't immediately obvious, are not only the most
likely to have the biggest payoff even if it's infrequent but the kinds of things that appeal very much to
innovators. As I said yesterday, innovators are the kinds of people who have more serendipitous encounters. They
turn an average encounter into a serendipitous one. They read a magazine article in a doctor's office and the magazines in
doctors' offices are ancient and they are reading an old article of the magazine they never would normally read and it gives
them an idea. It exposes them to an idea they never would normally have and they have now had a serendipitous encounter with a new
idea. As an innovative person they're obsessed with achieving their particular goals. They're the kinds of people who try to
take each encounter and apply it immediately some way to their goals. So innovative people have more serendipitous
encounters. Experience more serendipity.

The other thing that makes things work of course is strategy.

And that's not what we are doing. That's what some of our partners like Accenture are doing. Where you're
planning ahead and if you , you clearly have to do strategy. But I think a lot of people overlook, especially
when they're busy and especially when they get further along in their careers and they are supposed to know everyone in their field and
they are a gurur and they are supposed to know everything in their field. They lose some of that wide ranging outreach of ideas
and people that they had earlier on in their career when maybe they didn't know they were gonna be a successful at what they were
doing as they have become. The, one of the things, just about serendipity that we tried this even is each time
anyone registered we assign you a random other delegate to find during the course of these two days and
to ask, meet them and ask them if. Find out what their needs are and if there is some way you can help them, write that down
and return that back to the registration desk. As not only a good thing to do but also as a way to encourage you to speak
to and we assign people completely randomly. We're going to pick our favorite oen and make a donation to
the charity of your choice for having done that which is another nice reason to do that.

Before I continue I just want to mentioned a little bit what's going to happen today. After our morning keynote we're going to
have some time throughout the day with the CTO showcase exhibits, with different panel discussions, one
focusing in on a media issue, of another focusing in on a corporate futurists', another another focusing in on financing
innovation and we'll allso be doing another one of the, two actually, of the innovators review sessions that we did yesterday
afternoon where you get to hear from 2005 World Technology Award nominees about their work.

Finally, before I introduce Bob and as a segway into the introduction I'd light through began thank our
partners and our sponsors for making all this possible. Not just now but also throughout the year
when, when hundreds of connections are made through all these sorts of people. Now I would like to
introduce Bob Suh who's the

chief technology strategist and Global Managing partner for growth and strategy at Accenture. Consulting
Magazine named him one of top 25 consultants of 2005 and my first thought when I heard that aside from
being impressed was to think about the fact that they're so many consultants in the world today.
There are thousands and thousands if not millions. So to be named the top 25 consultant is quite an
accomplishment and were privileged enough to get to hear some of his of wisdom and experience today so I'd
like to introduced Bob. Thank you.