The End of Work as We Know It? - Presentation by Daniel Callaghan, Founder & CEO of MBA&Co at the NOAH 2013 Conference in London, Old Billingsgate on the 14th of November 2013.
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An Introduction to MBA & Company
20-33% of US Workforce are
independent workers
Companies are spending
$300bn per year on
contingent labour
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An Introduction to MBA & Company
China independent workers
rose from 20,000 to 125,000 in
5 years from 2007-12
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65% of graduates in China
believe flexible working is
their right
22% of Indian workers would
never want to work in firm
that does not embrace flexible
working
4. 1.
Cost savings
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70% Utilisation rate of full time employees plus national insurance, holidays, sick days
50%+ desks unused according to Regus
2.
Limited Market responsiveness
3.
Limited capacity to bring on better talent
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An Introduction to MBA & Company
5. Hrs worked per
week
ODESK.com GROWTH
200,000 hours of
work bought per
week
Typically copy writing, SEO, logo design type work
Ave Project Value - $4,000
Average wage - $10 per hour
Client base – SMEs / Entrepreneurs
2003
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An Introduction to MBA & Company
2012
6. Price
Onsite
Inefficient solutions for short term project work
that requires skilled professionals
= $30bn globally
Low Price / Low Difficulty
Short term / Remote
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An Introduction to MBA & Company
Complexity
Duration
7. Price
Onsite
Low Price / Low Difficulty
Short term / Remote
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An Introduction to MBA & Company
Complexity
Duration
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Over 16,000+ screened consultants in 132 countries all with min 5 years
experience and post grad from world top 50 school
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Account managed service capable of providing an immediate response to
exact match profile with reputation ratings and milestone based payments
ensuring high quality
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A global spot market for accessing the top 1% of independent talent
worldwide operating on an “Ebay meets McKinsey” model.
Projects delivered in over 50 countries and 40 industries
An Introduction to MBA & Company
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70% of projects market
research, market assessment
and strategic planning
•
Ave project value £16k
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An Introduction to MBA & Company
60% Professional Service
Firms and PE Funds
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50% of clients large
corporates
Average use 3 times per year
with 98% rated 4* and above
10. Staffing and Hiring
– Switch to a more JIT basis
– Cut layers of middle management out
– Flexible and remote working to be norm
Disruption of the Management consultancy market
– Expert project solutions but loss of smaller projects
– Value priced billing to reduce dramatically
– Automation of intelligence and services
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An Introduction to MBA & Company
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Do not have the time to do?
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Do not have the in-house expertise or skills to do?
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Do not have the international reach to do?
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Do not have the budget for a traditional consultancy or agency?
www.MBACO.com
Thank you
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An Introduction to MBA & Company