• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Aging2.0 at Health2.0NYC Event (SJohnston)
 

Aging2.0 at Health2.0NYC Event (SJohnston)

on

  • 1,369 views

Summary of global aging and some business implications for the health space. Focuses on a shift to proactive care.

Summary of global aging and some business implications for the health space. Focuses on a shift to proactive care.

Statistics

Views

Total Views
1,369
Views on SlideShare
820
Embed Views
549

Actions

Likes
2
Downloads
0
Comments
0

3 Embeds 549

http://aging2.com 540
http://www.linkedin.com 7
https://www.linkedin.com 2

Accessibility

Upload Details

Uploaded via as Adobe PDF

Usage Rights

CC Attribution License

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment
  • US has 41m retirement age people today, will have 72m by 2030. That’s equivalent to another city the size of Philadelphia – the fifth biggest in the US – joining the ranks of retired every year for the next 18 years.Dependency ratio in the West was about 8 in 1950 – 8 people of non-working age per 100 of working age. In Japan today it’s 33, and by 2050 it’ll be 65.
  • Boston Consulting Group, a projection of spending power with demographic and GDP evolution  shows that the 55+ age group will generate between 50 per cent and 80 per cent of growth in the US, Japan and Germany — the three largest G7 economies — between 2008 and 2030
  • Boston Consulting Group, a projection of spending power with demographic and GDP evolution  shows that the 55+ age group will generate between 50 per cent and 80 per cent of growth in the US, Japan and Germany — the three largest G7 economies — between 2008 and 2030
  • Boston Consulting Group, a projection of spending power with demographic and GDP evolution  shows that the 55+ age group will generate between 50 per cent and 80 per cent of growth in the US, Japan and Germany — the three largest G7 economies — between 2008 and 2030

Aging2.0 at Health2.0NYC Event (SJohnston) Aging2.0 at Health2.0NYC Event (SJohnston) Presentation Transcript

  • AGING2.0 This Isnt Your Grandfathers Elder Care Paradigm New York, 30th January 2012 @agingtoo   aging2.com  AGING2.0 1
  • By 2050, most countries will be as old as Japan is today Source:  BCG,  Global  Aging,  Dec  2011  AGING2.0 2
  • Workforces profiles are changing IMPACT •  Workforce training •  Flexible hours & conditions •  New career & salary paths Source:  BCG,  Global  Aging,  Dec  2011  AGING2.0 3
  • The 55+ cohort will account for over HALF of consumer spending over next 20 years Growth in consumer spending 2008 – 2030, $bn Source:  BCG,  Global  Aging,  Dec  2011  AGING2.0 4
  • Key areas: Health, Housing, Consumer & Financial Source:  BCG,  Global  Aging,  Dec  2011  AGING2.0 5
  • The Aging2.0 Manifesto: Four keys to unlock this market 1. Deliver lifestyle, not ‘deathstyle’, products and services 2. Utilize emerging age-friendly business models 3. Understand indirect channels to market nymore… We’re not in Kansas a 4. Embrace proactive ‘well care’, not reactive sick care AGING2.0 6
  • 1. Deliver lifestyle, not ‘deathstyle’, products and services Canal street vendor, NYC Sabi.comAGING2.0 7
  • 2. Utilize emerging age-friendly business models Collaborative consumption Microtasks Peer to peer Affiliate models Coupons & Group buying Real time social consumption AGING2.0 8
  • 3. Understand indirect channels to market Company Senior Caregiver / Adult Child Image: http://writeaboutnowjt.wordpress.com/category/men-and-women/ Grandchild AGING2.0 9
  • 4. Embrace proactive ‘well care’, not reactive sick-care Aging will have major clinical and economic impact •  Health care professionals* themselves are worried –  80% physicians worry how they’ll be treated when they’re old –  49% think aging is a threat to the viability of their health care system •  Key findings –  Everyone needs to be involved in preventive health & smart choices –  Integrate health and social care –  Retrain workers towards integrated care, focused on older patients –  Monitor and reduce ageism Source: A New Vision for Old Age, Jan 2012 *Survey interviewed 1113 European health care professionalsAGING2.0 10
  • 4. (cont) What would a proactive approach to health look like? Scenario A: Status Quo Scenario B: Proactive health Agreed Checklist  benchmarks of care community Social &  “Diagnosis”AGING2.0 11
  • Conclusion: A major opportunity, but it needs a new mindset and approach Take the ‘Aging2.0 Fitness’ test: •  Do you focus on lifestyle & opportunity? •  What emerging business models make sense for your market? •  How well do you navigate indirect channels to market? •  Are you driving proactive ‘well care’ via employees & customers? AGING2.0 12
  • Join the discussion at www.aging2.com THANKS!AGING2.0 13