A presentation on global trends and potential intersections with small and home based businesses in the Yarra Ranges.
This was developed to stimulate conversation on the needs of small businesses to aid the Shire of Yarra Ranges 2020 economic development strategy.
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The future of home based and small business
1. Tomorrow[at]Work
Enabling Better Ways of Working
“My interest is in the future because I am
going to spend the rest of my life there”
Charles F. Kettering (1876-1958)
Thursday, 23 June 2011
2. Tomorrow[at]Work
Enabling Better Ways of Working
The Future of Home Based and Small Business
Keynote presentation supporting the development of the Yarra Ranges Economic Development Strategy
Thursday, 23 June 2011
3. Tomorrow[at]Work
Enabling Better Ways of Working
Roadmap
Introduction
Trends shaping our future
Intersections with small business in the Yarra Ranges
Some final thoughts
Thursday, 23 June 2011
4. Tomorrow[at]Work
Enabling Better Ways of Working
Tomorrow[at]Work specialises in actively
enabling better ways of working
Thursday, 23 June 2011
5. Tomorrow[at]Work
Enabling Better Ways of Working
The future is neither linear nor chaotic. Trends in
isolation may be predictable but the convergence
of multiple trends creates complex outcomes.
Thursday, 23 June 2011
6. Tomorrow[at]Work
Enabling Better Ways of Working
Which of your business (and life) challenges and
opportunities are being influenced by big social,
technological and environmental trends?
Thursday, 23 June 2011
7. Tomorrow[at]Work
Enabling Better Ways of Working
Trends shaping our world
Increasing Computing Power
Network Growth
Peak Resource Usage
Globalisation
Demographic Shifts
Diversifying Social Values
Thursday, 23 June 2011
8. Tomorrow[at]Work
Enabling Better Ways of Working
Increasing Computing Power
There is no foreseeable end to current improvements in
computing power, battery life, storage and computer size.
Thursday, 23 June 2011
9. Tomorrow[at]Work
Enabling Better Ways of Working
In February this year a computer won the game
show Jeopardy against two of the games best
players
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10. Tomorrow[at]Work
Enabling Better Ways of Working
By 2013 there will be more mobile
computer users than desktop users
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11. Tomorrow[at]Work
Enabling Better Ways of Working
Network Growth
Facilitating greater connectivity and relationships between
people across the globe
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12. Tomorrow[at]Work
Enabling Better Ways of Working
More than half of all Australians are internet
users...and they are using it more than
television
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13. Tomorrow[at]Work
Enabling Better Ways of Working
The power of social media to connect people
with valuable ideas can not be underestimated
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14. Tomorrow[at]Work
Enabling Better Ways of Working
Resource Scarcity
The economics of resource extraction and use are leading
a revolution to find alternatives
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15. Tomorrow[at]Work
Enabling Better Ways of Working
There is strong evidence to suggest we have hit
tipping points in the cost of oil, iron ore, coal,
copper, corn...
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16. Tomorrow[at]Work
Enabling Better Ways of Working
By 2015 it is estimated that solar will
reach grid parity with fossil fuels
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17. Tomorrow[at]Work
Enabling Better Ways of Working
Globalisation
As we move towards a borderless world our understanding
of ‘we’ and ‘us’ is changing
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18. Tomorrow[at]Work
Enabling Better Ways of Working
Technology is assisting with information
exchange and integration
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19. Tomorrow[at]Work
Enabling Better Ways of Working
The Global Financial Crisis has shown that a
global network can also result in the spread of
new risks
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20. Tomorrow[at]Work
Enabling Better Ways of Working
Demographic Shifts
Declining mortality rates and declining birthrates will mean
an older and larger population in 2020
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21. Tomorrow[at]Work
Enabling Better Ways of Working
Increasing wealth in developing nations is
resulting in more pressure on our global
ecosystem
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22. Tomorrow[at]Work
Enabling Better Ways of Working
In the next 10 years we are going to see
five generations together in the workforce
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23. Tomorrow[at]Work
Enabling Better Ways of Working
Diversifying social values
Driven by globalisation, environmental concern and
demographic shifts
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24. Tomorrow[at]Work
Enabling Better Ways of Working
Consumers are making more conscious choices
about the products they buy and who they buy
them from
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25. Tomorrow[at]Work
Enabling Better Ways of Working
Shifting social values is also leading to greater
expectations of business and government in
relation to transparency and ethical behaviour
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26. Tomorrow[at]Work
Enabling Better Ways of Working
Intersections with Small Business in the Yarra Ranges
The Digital Workplace
Worker Mobility
The Knowledge Economy
Life Integration
New Business Models
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27. Tomorrow[at]Work
Enabling Better Ways of Working
The Digital Workplace
The work of business is increasingly taking place online
Thursday, 23 June 2011
28. Tomorrow[at]Work
Enabling Better Ways of Working
Better connectivity will allow employees to work
remotely and encourage more intentional use of
workplaces
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29. Tomorrow[at]Work
Enabling Better Ways of Working
If better connectivity can allow individuals to
work remotely why not move the whole
business?
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30. Tomorrow[at]Work
Enabling Better Ways of Working
Social media is media you can’t buy or own,
you have to earn it
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31. Tomorrow[at]Work
Enabling Better Ways of Working
Worker Mobility
The breakdown of traditional forms of employment will
result in new and innovative work arrangements
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32. Tomorrow[at]Work
Enabling Better Ways of Working
Companies will hire teams consisting entirely
of freelancers to complete one-off projects
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33. Tomorrow[at]Work
Enabling Better Ways of Working
New business models are facilitating the
outsource of a design, a project or a whole
employee.
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34. Tomorrow[at]Work
Enabling Better Ways of Working
Recruiting will increasingly happen through
your social networks
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35. Tomorrow[at]Work
Enabling Better Ways of Working
The Knowledge Economy
We are experiencing a shift from logical to conceptual and
creative work
Thursday, 23 June 2011
36. Tomorrow[at]Work
Enabling Better Ways of Working
80% of future labour shortages will be
attributable to a lack of skills, not a lack of
labour
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37. Tomorrow[at]Work
Enabling Better Ways of Working
We will increasingly look to acquire knowledge
through non-traditional forms of education
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38. Tomorrow[at]Work
Enabling Better Ways of Working
Life Integration
People are looking for a more seamless integration of all
elements of life
Thursday, 23 June 2011
39. Tomorrow[at]Work
Enabling Better Ways of Working
We are seeking connection to people, to
food, to place and to life
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40. Tomorrow[at]Work
Enabling Better Ways of Working
Consumers are demanding more authentic
and local products
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41. Tomorrow[at]Work
Enabling Better Ways of Working
Innovative Business Models
New ways of working are beinh developed to meet a
shifting business landscape
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42. Tomorrow[at]Work
Enabling Better Ways of Working
Social enterprises operate as commercial
business but use their profits to delivering
social outcomes
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43. Tomorrow[at]Work
Enabling Better Ways of Working
Crowd funding allows a community of
stakeholders to invest in projects in which they
have a personal interest
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44. Tomorrow[at]Work
Enabling Better Ways of Working
Open innovation or ‘crowdsouring’ gives
customers greater input into the design and
functionality of products
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45. Tomorrow[at]Work
Enabling Better Ways of Working
Coworking spaces are emerging as workers
look for the services of an office without the
capital outlay
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46. Tomorrow[at]Work
Enabling Better Ways of Working
The network consultancy model allows for
freelancers to better meet the needs of their
clients by working with like minded individuals
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47. Tomorrow[at]Work
Enabling Better Ways of Working
Some final thoughts
Identifying and building on the strengths of the Yarra Ranges
Creating the Yarra Ranges of 2020 and beyond
Addressing our individual and collective challenges
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48. Tomorrow[at]Work
Enabling Better Ways of Working
Identify and building on the strengths of the
Yarra Ranges
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49. Tomorrow[at]Work
Enabling Better Ways of Working
You are the creators of the Yarra Ranges in
2020 and beyond
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50. Tomorrow[at]Work
Enabling Better Ways of Working
We need to find ways to address challenges
both individually and collectively
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51. Tomorrow[at]Work
Enabling Better Ways of Working
There are no problems or solutions, only
possibilities
Thursday, 23 June 2011