Collaborative Logistics: Ripe for Disruption I am frequently asked what sectors I think will be next in terms of being disrupted by collaborative business models. Pet care? Mortgages? Parking? It’s a hard space to crack but I think 2015 will be the year we see some big things happen in collaborative logistics, especially shipping. A useful lens I have developed to identify big opportunities is to look at where two key problems exist: whats-mine-is-yours: Personal Finance News from Yahoo! Finance Average 60-year-old needs to save more — a lot more Odds are that you're anything but average, but for a moment, let's pretend you are. And, if we pretend you're an average 60-year-old with a 401(k) plan, we may surmise that you don't have enough saved for retirement. According to a recent study by the Employee Benefit Research Institute and the Investment Company Institute, 401(k) participants in their 60s had an average account balance of $144,000 at the end of 2009. Workers in their 60s who have been participating in the same 401(k) plan for more than 30 years have on average $197,472 in their plan. Those numbers don't tell the whole story.
A Glossary of Emerging Terms in the Collaborative Economy Photo :”Conversation” by Steve Bridger, used with Creative Commons license. Buzzwords, buzzwords, buzzwords! Nothing is more fun than using buzzwords – except one thing: Reading all the buzzwords on a single page. Collaborative consumption A sharing economy takes a variety of forms, often leveraging information technology to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services. A common premise is that when information about goods is shared (typically via an online marketplace), the value of those goods may increase, for the business, for individuals, and for the community. Collaborative consumption as a phenomenon is a class of economic arrangements in which participants share access to products or services, rather than having individual ownership. The collaborative consumption model is used in marketplaces such as eBay, Craigslist, Tradepal and Krrb, emerging sectors such as social lending, peer-to-peer accommodation, peer-to-peer travel experiences, peer-to-peer task assignments or travel advising, car sharing or commute-bus sharing. Scope
Hurry up: on-demand economy is shifting to online services Last month I was in San Francisco running from one meeting to another. I had no battery left on my phone so I couldn’t order a ride with Lift or Uber and had to grab a taxi. Everything went well, until I rushed out of the car with the taxi driver screaming at me because… I forgot to pay. Yes, you need to wait and pay when you’re using a cab, the money is not withdrawn from your bank account as easily and rapidly as it is with Uber. The dawn of the sharing economy - Fast growth companies By Brian Henderson We recently held a roundtable at our offices with some of Britain’s top sharing economy companies, and our friends at Tech City News, to discuss the opportunities, and risks, of their business models and the future potential for the sector. With a growing number of collaborative consumption startups, London is fast becoming the global capital for the sharing economy. Whilst there are many definitions for exactly what makes up the sharing economy, it can be summarised as a diverse collection of sectors based on access, rather than ownership.
Report: Sharing is the New Buying, Winning in the Collaborative Economy The Collaborative Economy Movement Changes Business This report offers critical insight for big brands who are grappling with the emergence of the Collaborative Economy, and for the startups that are driving this growth. For those new to the term, the collaborative economy is a powerful, if nascent, movement in which people are getting the things from each other, it’s a combination of trends like the sharing economy, maker movement, and co-innovation. That means that people go to a site like LendingClub to get funding for their new project, rather than a traditional bank. Or, they may go to a site like Etsy or Shapeways to get custom made goods, or go to a site like eBay to buy pre-owned goods, instead of buying new products from retailers. In each of these cases, the crowd is self-empowered to get what they need from each other. This report contains the following:
My Big Idea: The Sharing Economy is a Gateway Drug — Collaborate The Sharing Economy is a gateway drug that threatens the infrastructure of our economy as we know it. Collaborative consumption has enabled individuals to cut out the middleman, replace big business and solve for popular needs with personal services and solutions. It’s igniting a series of change from the underbelly of our society that’s creeping into the everyday lives of the masses.