The document discusses the gig economy and its characteristics. It defines the gig economy as online platforms that connect workers and customers for specific tasks, with payment intermediated by the platforms. The gig economy provides benefits like flexibility but also drawbacks like lack of protections. While it empowers some groups, there is an imbalance in distributing its benefits, with workers being more vulnerable. Both incumbents and regulations need to adapt to the changes brought by the new digital economy.
Drivers for Gig Economy and how freelancer platforms such as UpWork, Freelancer, and Toptal allow organisations to scale their workforce, be agile, and access high-quality talent at competitive cost.
Here are my slides from a revision webinar on the economics of the Gig Economy. The labour market changes all the time but in the last decade we have seen a fast-evolving landscape of many more people being engaged in gig work and many on short term or zero hours contracts. Who are the winners and losers from the new world of work? Does the expansion of the Gig Economy improve the UK’s macroeconomic performance?
As demand for digital talent reaches a crescendo, CIOs are increasingly embracing an Uber-like approach to filling key technical roles throughout their organizations.
GIG economy - Human Resource management - Manu Melwin Joymanumelwin
A gig economy is an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.
The document discusses the gig economy in India. Some key points:
- The gig economy involves short-term contracts between companies/organizations and independent workers. It has grown significantly in both developed and developing countries like India.
- In India, around 20-30% of workers are estimated to be involved in freelancing/independent work. Software and IT are major fields in the Indian gig economy.
- Benefits include flexibility and autonomy for workers, lower costs for companies, and opportunities for specialization. Challenges include payment delays, isolation, and lack of benefits/job security for workers.
- The Indian gig economy is growing rapidly but still faces issues around traditional mindsets, networking opportunities, and payment practices
This document summarizes a report about emerging services that support workers in the gig economy. It discusses how macro forces are unbundling traditional employment and its benefits into separate components. This puts pressure on policies built around classifying workers as employees or contractors. However, new services are emerging to provide benefits and protections to gig workers in ways that fit their work situations better than traditional models. The report profiles companies delivering services around areas like job opportunities, finances, benefits, identity/reputation, community, education and facilities that were previously bundled with full-time jobs. It discusses the challenges gig workers face in assembling these supports on their own without an employer to provide them.
How Should Organizations Take Advantage of the Growing On-Demand “Gig-Economy”?Smart ERP Solutions, Inc.
Slides from the webinar
Description:
Today’s workforce features increasingly flexible work situations, while also dealing with a shortage of timely needed skills. The current competitive landscape continues to demand more contingent workers, freelancers, contractors, and several other types of specialized on-demand “gig” workers.
SmartERP invites you to How Should Organizations Take Advantage of the Growing On-Demand “Gig-Economy,” presented by the author of Thriving In The Gig Economy, Marion McGovern. In this webinar attendees will learn more about how to operate with emerging independent talent marketplaces. We’ll also discuss capitalizing on the strategic use of high-value, skilled, contingent workers, how to procure, onboard, and manage them, while reducing risk and avoiding compliance issues for your organization.
The document discusses the gig economy and its characteristics. It defines the gig economy as online platforms that connect workers and customers for specific tasks, with payment intermediated by the platforms. The gig economy provides benefits like flexibility but also drawbacks like lack of protections. While it empowers some groups, there is an imbalance in distributing its benefits, with workers being more vulnerable. Both incumbents and regulations need to adapt to the changes brought by the new digital economy.
Drivers for Gig Economy and how freelancer platforms such as UpWork, Freelancer, and Toptal allow organisations to scale their workforce, be agile, and access high-quality talent at competitive cost.
Here are my slides from a revision webinar on the economics of the Gig Economy. The labour market changes all the time but in the last decade we have seen a fast-evolving landscape of many more people being engaged in gig work and many on short term or zero hours contracts. Who are the winners and losers from the new world of work? Does the expansion of the Gig Economy improve the UK’s macroeconomic performance?
As demand for digital talent reaches a crescendo, CIOs are increasingly embracing an Uber-like approach to filling key technical roles throughout their organizations.
GIG economy - Human Resource management - Manu Melwin Joymanumelwin
A gig economy is an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.
The document discusses the gig economy in India. Some key points:
- The gig economy involves short-term contracts between companies/organizations and independent workers. It has grown significantly in both developed and developing countries like India.
- In India, around 20-30% of workers are estimated to be involved in freelancing/independent work. Software and IT are major fields in the Indian gig economy.
- Benefits include flexibility and autonomy for workers, lower costs for companies, and opportunities for specialization. Challenges include payment delays, isolation, and lack of benefits/job security for workers.
- The Indian gig economy is growing rapidly but still faces issues around traditional mindsets, networking opportunities, and payment practices
This document summarizes a report about emerging services that support workers in the gig economy. It discusses how macro forces are unbundling traditional employment and its benefits into separate components. This puts pressure on policies built around classifying workers as employees or contractors. However, new services are emerging to provide benefits and protections to gig workers in ways that fit their work situations better than traditional models. The report profiles companies delivering services around areas like job opportunities, finances, benefits, identity/reputation, community, education and facilities that were previously bundled with full-time jobs. It discusses the challenges gig workers face in assembling these supports on their own without an employer to provide them.
How Should Organizations Take Advantage of the Growing On-Demand “Gig-Economy”?Smart ERP Solutions, Inc.
Slides from the webinar
Description:
Today’s workforce features increasingly flexible work situations, while also dealing with a shortage of timely needed skills. The current competitive landscape continues to demand more contingent workers, freelancers, contractors, and several other types of specialized on-demand “gig” workers.
SmartERP invites you to How Should Organizations Take Advantage of the Growing On-Demand “Gig-Economy,” presented by the author of Thriving In The Gig Economy, Marion McGovern. In this webinar attendees will learn more about how to operate with emerging independent talent marketplaces. We’ll also discuss capitalizing on the strategic use of high-value, skilled, contingent workers, how to procure, onboard, and manage them, while reducing risk and avoiding compliance issues for your organization.
Gain knowledge about the Future of Work(ers) in an on-demand economy. Understand how baby boomers are retiring and exiting the workforce in mass, and the Millennials are taking their place. Learn how job and career expectations have changed because of the shift. This includes workplace expectations, how people are searching for jobs, and how companies are hiring. See in detail how this shift is being driven by mobile app adoption and technology. #YourFutureWorkforce www.shiftgig.com/future
The Future Workforce: The Gig Economy and the Challenges of a Contingent Work...EPAY Systems
Almost 40 million Americans work on a part-time or freelance basis and by 2020 half of the American workforce is expected to be part of this gig economy. This new workforce is full of challenges and benefits for both employers and employees. For employers looking to engage this new workforce there is a lot of legal compliance issues to consider, and for employees looking for freedom they look to be free of benefits as well.
- The gig economy as currently defined will not last long term, as tasks like ridesharing and delivery are likely to be automated. However, skilled professionals using platforms like Thumbtack to find clients will persist and proliferate.
- Technology is empowering skilled tradespeople by allowing them to connect directly with customers and run their businesses more efficiently without traditional employers. Skilled professionals are less reliant on college degrees and are building middle-class lifestyles through online skills marketplaces.
- Policymakers should support independent workers through policies that provide safety nets and make it easier for skilled professionals to succeed without full-time employment.
Independant work: Choice, necessity, and the gig economy, par McKinseyFrenchWeb.fr
Près de 162 millions de travailleurs aux Etats-Unis et en Europe ont aujourd'hui un statut d'indépendant, soit de 20 à 30% de la population active dans ces deux zones gégographiques, selon l'étude McKinsey.
Face à l'ampleur du phénomène, le cabinet de conseil américain a souhaité en apprendre plus concernant cette catégorie de travailleurs aujourd'hui méconnue, et déterminer s'ils étaient satisfaits de leur statut ou non.
Miriam A. Cherry – SLU Law, Saint Louis
Antonio Aloisi – Bocconi University, Milan
Currently many on-demand economy companies are facing litigation over how their workers are classified -- including Uber, which recently settled a worker misclassification lawsuit for $100 million. In response to this litigation, there have been calls for the creation of a hybrid category of worker in between employee and independent contractor. However, the intermediate category is not new; other legal systems have implemented a third category with varying results. In this talk, we will first briefly describe the features of work in the on-demand economy. Next, we will use a comparative approach to review the experiences of Canada, Italy, and Spain. Finally, we use these lessons to evaluate the need for an intermediate category for gig workers in the United States.
This document discusses the future of skills and jobs in the context of evolving technology and automation. It notes that 45% of current jobs could be lost to automation, requiring workers to gain new skills. To prepare the workforce, the document calls for reforms to education to shift the focus from IQ to skills like leadership, empathy and communication. It proposes that companies and programs like Adecco's CEO for One Month initiative can help bridge the gap between education and work readiness by developing well-rounded professionals. The future will require constantly retraining workers as core skills change rapidly and an estimated 35% of skills will be different by 2020.
1) Several articles discuss challenges in preparing young people for modern manufacturing jobs and the need to engage students in STEM learning to address America's skills crisis.
2) Other articles argue that infrastructure investment can create jobs and economic opportunity, and call on politicians to pass a long-term transportation bill to rebuild crumbling infrastructure.
3) Additional articles explore ways to attract more people, especially women and veterans, to manufacturing careers through skills training programs and partnerships between industry and educators.
1) The document discusses the opportunity for technology to improve organizational efficiency and transition economies into a "smart and clean world."
2) It argues that aggregate efficiency has stalled at around 22% for 30 years due to limitations of the Second Industrial Revolution, but that digitizing transport, energy, and communication through technologies like blockchain can help manage resources and increase efficiency.
3) Technologies like precision agriculture, cloud computing, robotics, and autonomous vehicles may allow for "dematerialization" and do more with fewer physical resources through effects like reduced waste and need for transportation/logistics infrastructure.
The document discusses perspectives on the future of work from multiple expert discussions around the world. Key points include: demographic shifts like aging populations will change work and retirement expectations; new technologies will both create new jobs and replace existing ones, especially information-rich repetitive jobs; and organizations will need to adapt through more flexible project-based work and lifelong reskilling and upskilling of workers. Governments will need to consider policies to support workers through these changes, such as financing retraining, rethinking pensions, and potentially implementing universal basic incomes.
Flying High in a Globally Connected WorldAnja Hoffmann
CEOs are startled by the rising expectations of the connected customers. New digital technologies like mobile, analytics, and social media are advancing rapidly on the economic landscape. Data is the new "oil" in every industry, also in the travel industry. But there's a lot more to consider when you're looking for the next disruptive innovation in your industry.
How do you serve connected customers?
My talk at Closing the Gap, Jeff Greene's conference on technology and income inequality, held in Palm Beach on Dec 7-8, 2015. I talk about lessons from technology for 21st century business.
This point of view builds on prior global dialogue on the social value of the organisation, the future of the company and work plus recent debate on the value of data and British Academy research on the future of the corporation.
It looks at the future of the company through three lenses:
Corporate Purpose
The Digital Company
Organisation 3.0
This is being shared in a speech / workshop in Kuala Lumpur and used to kick off further discussions that will take place during 2019 on the future of work, the future of the organisation and the future of the company.
For more information:
Future Agenda
www.futureagenda.org
Future of the Company (2015)
https://www.futureagenda.org/view/initial_perspective/the-future-of-company
Future of Work (2018)
https://www.futureagenda.org/news/future-of-work
Integrated Reporting
http://integratedreporting.org
Future of the Corporation (British Academy)
https://www.thebritishacademy.ac.uk/future-corporation
Purpose of the Corporation (Frank Bold) http://en.frankbold.org/our-work/campaign/purpose-corporation
Tim O'Reilly argues that AI and automation do not necessarily eliminate jobs but can create new types of work. While some studies estimate 47% of jobs may be automated in the next 20 years, technology solves human problems and more problems means more work. When productivity increases only benefit shareholders and not society, problems arise. However, AI can be used to augment humans and enable them to do things previously impossible. The future of work is up to us to ensure technology empowers people.
Future of Work
The future of work is increasingly uncertain. What is clear is that we are in the midst of a major transformation driven by multiple drivers of change. How individuals, companies, cities and governments respond to the upcoming shifts will be pivotal for future economic and social wellbeing, but this is far from straightforward. Some major decisions lie ahead.
Ahead of a speech to MPs in London next month and several subsequent expert discussions, this is a point of view on how, where and why the future of work is in flux.
It explores three key drivers of change as leaders around the world view it – shifting demographics, technology innovation and the organisational response. In addition, we have highlighted several areas where new policy decisions need to be made.
The factors that influence the way we work are diverse: they include technology, politics, society the environment and more besides. Any serious attempt to predict the future of work must therefore draw on many disciplines and incorporate many points of view.
That is the guiding principle behind this research project, conducted by The Economist Intelligence Unit (EIU) and sponsored by Ricoh Europe. The project began with a series of interviews with experts in fields ranging from economics to ergnomics, to identify the key trends in the next 10 to 15 years.
How will the future of work look like?
The impact of automation on jobs.
Skills needed for the future.
How is big data & analytics impacting the business world and society, in general?
Freelancing - the future of work?
Learning how to code software.
High impact presentation deck created in PowerPoint
David-Paul Ivanciuc - author.
All rights reserved for the beneficiary of the presentation: David Brown of dbrownconsulting U.K.
Presenting a) business megatrends, b) education megatrends in connection to the business megatrends, and c) outlining the skills required for many future businesses
The Billion Dollar Challenge: Making Memphis the Leader in Inclusive Tech, Li...kevinjmireles
The Technami is coming and Memphis can either surf it or be crushed by it. If we do the right things, Memphis has a multibillion opportunity to lift people from poverty to prosperity. If we don't we'll be crushed.
Best practices in business incubation_Rustam_Lalkaka 2002Vasily Ryzhonkov
Business incubators, evolving from experiences with business centers and other support
services, have grown rapidly in number from a 200 a decade ago to over 3,000 world-wide today. Incubator programs in the developing and restructuring countries are
typically focused on technology ventures. But the interests of civil society call for the
government, private sector and universities in all nations to address the wider concerns
of empowering disadvantaged groups through employment and facilitated access to
capital (human, knowledge, social and financial).
While incubators have grown in numbers, the uneven performance and poor
sustainability in many situations have become serious issues with the governments and
sponsors who continue to subsidize many of them. There has been much recent interest in
identifying ‘best practices’ that could then be used elsewhere. But these practices are
location-, culture- and time-specific, and can only be adapted to the conditions prevailing
in local situations. This paper reviews the operating experiences in the USA, (which has
about 1,000 incubators of the world total), in China, Brazil and Korea (the largest
programs in the developing world), and other selected countries. The emerging lessons
(yet to be learned) on enhancing performance based on ’good’ international practices
together with some urgent research issues are outlined. Success in the Olympiad of
venture creation and employment generation depends essentially on five inter-linked
rings: Public policy, private partnerships, knowledge affiliations, professional
networking and community involvement.
My talk for TechStars at Techweek Kansas City in October 2018. While this is a talk based on my book WTF?, it is fairly different from many of the others that I've posted here, in that it focuses specifically on parts of the book that contain advice for entrepreneurs, rather than on the broader questions of technology and the economy. As always, look at the speaker notes for
The document discusses the changing nature of work and the rise of independent contracting facilitated by new technologies. It draws a distinction between "commoditized platforms" like Uber that connect people to low-skilled temporary jobs, and "skills marketplaces" that allow skilled professionals to find clients. The key points are:
1) Commoditized platforms focus on easily automated tasks and will likely be replaced by automation, while skills marketplaces empower skilled professionals who are harder to replace.
2) Skills marketplaces support the growth of small businesses by allowing professionals to differentiate themselves, control their rates, and develop long-term client relationships.
3) While a college degree is still valuable, skills marketplaces have made
The document discusses cheap essay writers in the UK and outlines a 5 step process for students to get help writing essays and assignments through the HelpWriting.net website, which includes creating an account, submitting a request and paper details, choosing a writer based on bids and reviews, reviewing and authorizing payment for completed work, and having the option to request revisions. The website aims to provide original, high-quality content and guarantees refunds for plagiarized work.
Gain knowledge about the Future of Work(ers) in an on-demand economy. Understand how baby boomers are retiring and exiting the workforce in mass, and the Millennials are taking their place. Learn how job and career expectations have changed because of the shift. This includes workplace expectations, how people are searching for jobs, and how companies are hiring. See in detail how this shift is being driven by mobile app adoption and technology. #YourFutureWorkforce www.shiftgig.com/future
The Future Workforce: The Gig Economy and the Challenges of a Contingent Work...EPAY Systems
Almost 40 million Americans work on a part-time or freelance basis and by 2020 half of the American workforce is expected to be part of this gig economy. This new workforce is full of challenges and benefits for both employers and employees. For employers looking to engage this new workforce there is a lot of legal compliance issues to consider, and for employees looking for freedom they look to be free of benefits as well.
- The gig economy as currently defined will not last long term, as tasks like ridesharing and delivery are likely to be automated. However, skilled professionals using platforms like Thumbtack to find clients will persist and proliferate.
- Technology is empowering skilled tradespeople by allowing them to connect directly with customers and run their businesses more efficiently without traditional employers. Skilled professionals are less reliant on college degrees and are building middle-class lifestyles through online skills marketplaces.
- Policymakers should support independent workers through policies that provide safety nets and make it easier for skilled professionals to succeed without full-time employment.
Independant work: Choice, necessity, and the gig economy, par McKinseyFrenchWeb.fr
Près de 162 millions de travailleurs aux Etats-Unis et en Europe ont aujourd'hui un statut d'indépendant, soit de 20 à 30% de la population active dans ces deux zones gégographiques, selon l'étude McKinsey.
Face à l'ampleur du phénomène, le cabinet de conseil américain a souhaité en apprendre plus concernant cette catégorie de travailleurs aujourd'hui méconnue, et déterminer s'ils étaient satisfaits de leur statut ou non.
Miriam A. Cherry – SLU Law, Saint Louis
Antonio Aloisi – Bocconi University, Milan
Currently many on-demand economy companies are facing litigation over how their workers are classified -- including Uber, which recently settled a worker misclassification lawsuit for $100 million. In response to this litigation, there have been calls for the creation of a hybrid category of worker in between employee and independent contractor. However, the intermediate category is not new; other legal systems have implemented a third category with varying results. In this talk, we will first briefly describe the features of work in the on-demand economy. Next, we will use a comparative approach to review the experiences of Canada, Italy, and Spain. Finally, we use these lessons to evaluate the need for an intermediate category for gig workers in the United States.
This document discusses the future of skills and jobs in the context of evolving technology and automation. It notes that 45% of current jobs could be lost to automation, requiring workers to gain new skills. To prepare the workforce, the document calls for reforms to education to shift the focus from IQ to skills like leadership, empathy and communication. It proposes that companies and programs like Adecco's CEO for One Month initiative can help bridge the gap between education and work readiness by developing well-rounded professionals. The future will require constantly retraining workers as core skills change rapidly and an estimated 35% of skills will be different by 2020.
1) Several articles discuss challenges in preparing young people for modern manufacturing jobs and the need to engage students in STEM learning to address America's skills crisis.
2) Other articles argue that infrastructure investment can create jobs and economic opportunity, and call on politicians to pass a long-term transportation bill to rebuild crumbling infrastructure.
3) Additional articles explore ways to attract more people, especially women and veterans, to manufacturing careers through skills training programs and partnerships between industry and educators.
1) The document discusses the opportunity for technology to improve organizational efficiency and transition economies into a "smart and clean world."
2) It argues that aggregate efficiency has stalled at around 22% for 30 years due to limitations of the Second Industrial Revolution, but that digitizing transport, energy, and communication through technologies like blockchain can help manage resources and increase efficiency.
3) Technologies like precision agriculture, cloud computing, robotics, and autonomous vehicles may allow for "dematerialization" and do more with fewer physical resources through effects like reduced waste and need for transportation/logistics infrastructure.
The document discusses perspectives on the future of work from multiple expert discussions around the world. Key points include: demographic shifts like aging populations will change work and retirement expectations; new technologies will both create new jobs and replace existing ones, especially information-rich repetitive jobs; and organizations will need to adapt through more flexible project-based work and lifelong reskilling and upskilling of workers. Governments will need to consider policies to support workers through these changes, such as financing retraining, rethinking pensions, and potentially implementing universal basic incomes.
Flying High in a Globally Connected WorldAnja Hoffmann
CEOs are startled by the rising expectations of the connected customers. New digital technologies like mobile, analytics, and social media are advancing rapidly on the economic landscape. Data is the new "oil" in every industry, also in the travel industry. But there's a lot more to consider when you're looking for the next disruptive innovation in your industry.
How do you serve connected customers?
My talk at Closing the Gap, Jeff Greene's conference on technology and income inequality, held in Palm Beach on Dec 7-8, 2015. I talk about lessons from technology for 21st century business.
This point of view builds on prior global dialogue on the social value of the organisation, the future of the company and work plus recent debate on the value of data and British Academy research on the future of the corporation.
It looks at the future of the company through three lenses:
Corporate Purpose
The Digital Company
Organisation 3.0
This is being shared in a speech / workshop in Kuala Lumpur and used to kick off further discussions that will take place during 2019 on the future of work, the future of the organisation and the future of the company.
For more information:
Future Agenda
www.futureagenda.org
Future of the Company (2015)
https://www.futureagenda.org/view/initial_perspective/the-future-of-company
Future of Work (2018)
https://www.futureagenda.org/news/future-of-work
Integrated Reporting
http://integratedreporting.org
Future of the Corporation (British Academy)
https://www.thebritishacademy.ac.uk/future-corporation
Purpose of the Corporation (Frank Bold) http://en.frankbold.org/our-work/campaign/purpose-corporation
Tim O'Reilly argues that AI and automation do not necessarily eliminate jobs but can create new types of work. While some studies estimate 47% of jobs may be automated in the next 20 years, technology solves human problems and more problems means more work. When productivity increases only benefit shareholders and not society, problems arise. However, AI can be used to augment humans and enable them to do things previously impossible. The future of work is up to us to ensure technology empowers people.
Future of Work
The future of work is increasingly uncertain. What is clear is that we are in the midst of a major transformation driven by multiple drivers of change. How individuals, companies, cities and governments respond to the upcoming shifts will be pivotal for future economic and social wellbeing, but this is far from straightforward. Some major decisions lie ahead.
Ahead of a speech to MPs in London next month and several subsequent expert discussions, this is a point of view on how, where and why the future of work is in flux.
It explores three key drivers of change as leaders around the world view it – shifting demographics, technology innovation and the organisational response. In addition, we have highlighted several areas where new policy decisions need to be made.
The factors that influence the way we work are diverse: they include technology, politics, society the environment and more besides. Any serious attempt to predict the future of work must therefore draw on many disciplines and incorporate many points of view.
That is the guiding principle behind this research project, conducted by The Economist Intelligence Unit (EIU) and sponsored by Ricoh Europe. The project began with a series of interviews with experts in fields ranging from economics to ergnomics, to identify the key trends in the next 10 to 15 years.
How will the future of work look like?
The impact of automation on jobs.
Skills needed for the future.
How is big data & analytics impacting the business world and society, in general?
Freelancing - the future of work?
Learning how to code software.
High impact presentation deck created in PowerPoint
David-Paul Ivanciuc - author.
All rights reserved for the beneficiary of the presentation: David Brown of dbrownconsulting U.K.
Presenting a) business megatrends, b) education megatrends in connection to the business megatrends, and c) outlining the skills required for many future businesses
The Billion Dollar Challenge: Making Memphis the Leader in Inclusive Tech, Li...kevinjmireles
The Technami is coming and Memphis can either surf it or be crushed by it. If we do the right things, Memphis has a multibillion opportunity to lift people from poverty to prosperity. If we don't we'll be crushed.
Best practices in business incubation_Rustam_Lalkaka 2002Vasily Ryzhonkov
Business incubators, evolving from experiences with business centers and other support
services, have grown rapidly in number from a 200 a decade ago to over 3,000 world-wide today. Incubator programs in the developing and restructuring countries are
typically focused on technology ventures. But the interests of civil society call for the
government, private sector and universities in all nations to address the wider concerns
of empowering disadvantaged groups through employment and facilitated access to
capital (human, knowledge, social and financial).
While incubators have grown in numbers, the uneven performance and poor
sustainability in many situations have become serious issues with the governments and
sponsors who continue to subsidize many of them. There has been much recent interest in
identifying ‘best practices’ that could then be used elsewhere. But these practices are
location-, culture- and time-specific, and can only be adapted to the conditions prevailing
in local situations. This paper reviews the operating experiences in the USA, (which has
about 1,000 incubators of the world total), in China, Brazil and Korea (the largest
programs in the developing world), and other selected countries. The emerging lessons
(yet to be learned) on enhancing performance based on ’good’ international practices
together with some urgent research issues are outlined. Success in the Olympiad of
venture creation and employment generation depends essentially on five inter-linked
rings: Public policy, private partnerships, knowledge affiliations, professional
networking and community involvement.
My talk for TechStars at Techweek Kansas City in October 2018. While this is a talk based on my book WTF?, it is fairly different from many of the others that I've posted here, in that it focuses specifically on parts of the book that contain advice for entrepreneurs, rather than on the broader questions of technology and the economy. As always, look at the speaker notes for
The document discusses the changing nature of work and the rise of independent contracting facilitated by new technologies. It draws a distinction between "commoditized platforms" like Uber that connect people to low-skilled temporary jobs, and "skills marketplaces" that allow skilled professionals to find clients. The key points are:
1) Commoditized platforms focus on easily automated tasks and will likely be replaced by automation, while skills marketplaces empower skilled professionals who are harder to replace.
2) Skills marketplaces support the growth of small businesses by allowing professionals to differentiate themselves, control their rates, and develop long-term client relationships.
3) While a college degree is still valuable, skills marketplaces have made
The document discusses cheap essay writers in the UK and outlines a 5 step process for students to get help writing essays and assignments through the HelpWriting.net website, which includes creating an account, submitting a request and paper details, choosing a writer based on bids and reviews, reviewing and authorizing payment for completed work, and having the option to request revisions. The website aims to provide original, high-quality content and guarantees refunds for plagiarized work.
1) The document discusses policies to reduce poverty through labor markets in developing countries. It focuses on how labor market policies could help the 1.3 billion people living on less than $1.25 per day and the 900 million working poor.
2) The author argues for using a multi-sector labor market approach and social cost-benefit analysis to determine which policy interventions in specific contexts are most effective at reducing poverty. Common policy assumptions like prioritizing the informal sector or formalizing jobs are questioned.
3) As an example, a World Bank analysis in Gambia found that investing in primary education would do the most to reduce poverty based on cost-benefit analysis of options like spending across education levels. Careful
This document discusses several economic theories used by economists to analyze and understand economic phenomena:
- Supply and demand theory explains how price is determined by the interaction of supply and demand in a market.
- Classical economics views markets as self-regulating systems governed by production and exchange.
- Keynesian economics focuses on how aggregate demand impacts output, employment, and inflation.
- Malthusian economics argues that population growth outpaces food supply growth.
- Marxism views capitalism as creating two socioeconomic classes that are in conflict.
- Market socialism incorporates elements of both socialist planning and free markets.
The document discusses the potential for on-demand customer service models to disrupt the customer service industry. Key points include:
1) Access economy companies like Uber and Airbnb have already transformed some industries, but it remains unclear how far these on-demand models can extend to other functions and sectors.
2) Those in customer service expect their work will transition to on-demand models within 3 years to remain competitive. However, current third-party customer service providers are uncertain about the potential impact.
3) Transitioning to on-demand will be challenging, as skills, processes, customer and management buy-in need to change, despite emerging technologies. Most companies are willing to make significant changes to adopt these
The document discusses how the organizational landscape has changed in four key ways:
1) The rise of globalization and multicultural workplaces has increased the importance of understanding diverse cultures and flexible communication.
2) Shifting identities in organizations due to mergers and acquisitions has challenged communication about who belongs to different companies.
3) The prevalence of temporary and contingent workers has weakened connections between workers and organizations.
4) The growth of the service economy in developed nations requires communication skills for interacting with customers during service encounters.
The document discusses a study on tractor vibration and the ergonomic design of tractor seats. It examines how vibration affects tractor operators and aims to improve seat design to minimize health issues from prolonged vibration exposure. The study analyzes tractor vibrations, reviews existing research on vibration and health effects, and proposes ergonomic seat modifications to enhance operator comfort and reduce vibration transmission.
The document discusses several topics related to business including factors that contribute to rapid business change, the role of entrepreneurship in the economy, how American businesses began focusing on customer needs after WWII, differences between non-profit and for-profit organizations, factors of production, strategies for developing a competitive advantage, and how the rise of the internet has changed business practices. Key points made are that global competition, technology changes, and resource depletion are accelerating the pace of business change. Entrepreneurial success benefits job creation and economic growth. Meeting customer needs became essential to business success due to increased post-war competition. Non-profits contribute to the economy through employment and revenue while partnering with businesses.
The article discusses an interview with Richard Florida about how the current economic downturn represents a "Great Reset" that will fundamentally change work and the economy. Florida believes we are transitioning from a consumer-driven postwar economy to one based on knowledge work and services. This reset will eliminate manufacturing jobs but create high-skilled, high-paying creative jobs and many low-wage service jobs. For workers, Florida recommends obtaining new skills, seeking out employers willing to promote from within, and considering more creative service occupations. New York City is well-positioned to thrive during this transition due to its creative and innovative economy.
This document provides an overview of the scope and method of economics. It discusses why economics is studied, including to learn a way of thinking, understand society and global affairs, and be an informed citizen. It outlines the key fields of microeconomics and macroeconomics and various subfields of economics. It also explains the difference between positive and normative economics and how economics uses theories and models to understand relationships between economic variables.
This regularly-updated collection from Atomico discusses interesting things in tech and VC that may not receive widespread attention. It includes questions about Macron's ability to implement his pro-business agenda in France and boost the country's tech sector. Other items discuss the rise of new internet giants in China called TMD, emerging trends in Europe's investing landscape including more sector-focused funds, and legal and policy issues around law enforcement access to consumer data from IoT devices and tech companies. Recent M&A deals are also summarized, such as Gett acquiring Juno and Cisco purchasing Viptela.
This document provides an introduction and overview of microeconomics. It discusses three key themes:
1) How individuals and firms make optimal trade-offs given constraints like limited incomes, resources, and time. This involves balancing current vs future consumption and work vs leisure.
2) How prices influence the decisions of consumers, workers, and firms regarding which goods to buy/produce and how to allocate resources.
3) The central role of markets in determining prices through the interactions of buyers and sellers and how this affects decisions. Microeconomics aims to explain observed economic behaviors and outcomes using theories and models.
The document outlines 5 challenges facing the fast moving consumer goods (FMCG) industry: 1) leveraging big data, 2) simplifying customer decisions, 3) emerging markets, 4) the digital consumer, and 5) demographic shifts. It notes that big data creates value through better consumer understanding and improved efficiency. Emerging markets will see over 1 billion new consumers spending $10-100 daily by 2020. The digital consumer is disrupting retail channels and online shelf space. Significant demographic changes include targeting older consumers and capturing micro-demographics as the population shifts.
The document discusses the state of mobile maturity ten years after the introduction of the iPhone. It summarizes the results of a survey of nearly 500 marketers and IT professionals about current mobile trends, priorities, and what advanced organizations are doing to create transformative mobile experiences. While most organizations feel they still have further to go to reach mobile maturity, the most advanced companies have made mobile a central part of their marketing strategy, put leadership teams in place, and invest heavily in mobile app and web development. The document outlines six steps organizations can take to move toward advanced mobile maturity, including strategizing with mobile in mind, building intuitive mobile experiences, acquiring customers via
A shift in organizational approach to digital over the past five years indicates that companies have become increasingly aware that they must eliminate structural barriers to realize the opportunities
More than one trillion posts from sources like Twitter, Facebook, Tumblr, Reddit and forums between 2010 and 2016. and data from nonsocial are used to analyze ....
sources
The document discusses trends that will shape the media and entertainment industry in 2017, including continued growth in piracy, expansion of over-the-top (OTT) services, and increased availability of 4K ultra-high-definition (UHD) content. Piracy is expected to be addressed through greater industry cooperation and use of watermarking technology. OTT services will likely add new features like catch-up viewing and expand into linear content. 4K UHD will drive new revenue but also faces challenges around costs, compatibility and security that will require holistic solutions.
Global Cellular Market trends and insight Q3/2016Tuan Anh Nguyen
During Q3 2016, global connections grew by 3.2% year-on-year, and mobile operators generated $264 billion in total revenues. Data services now contribute more than 40% of service revenues globally, fuelled by 533 operators with live 4G LTE networks...
Over 1 billion more people will use mobile phones by 2020 compared to 2015. Ten countries will account for 70% of this growth, with India leading an Asian charge that will account for 55% of global subscriber growth. This will rebalance the concentration of consumer purchasing power and technology innovation. The platform economy uses smartphones, software and open APIs to create and scale new digital marketplaces for a huge range of services and products
Consumer barriers to mobile internet adoption in AsiaTuan Anh Nguyen
This research examines why more than 2 billion people in the region can access the internet but are holding back from doing so.
This includes data from six markets in the region: China, India, Indonesia, Philippines, Thailand and Vietnam with approximately 1,000 people in each country
A quarterly report from Appota. In this report, some hot and new findings are:
+ The rising of video live-streaming
+ Evening is the download time
+ Game is the most popular type of apps
......
This report summarises the findings from the 2016
programme of research and analysis, providing an
overview of the pay-TV innovation landscape and setting
out the views of industry executives around the world
– in Europe, Asia Pacific, Latin America and North
America. It provides a snapshot of industry perspectives
about the innovation challenges and opportunities
facing the industry and outlines a set of innovation
priorities for the pay-TV operators.
The social media landscape is evolving quickly too; Facebook still dominates - and continues to grow - but the remaining spots in the top 5 of our latest platform rankings are held by mobile messenger services.....
The dynamic region in the world and ....here are some headlines
+ Internet users in APAC: 1.83 Billion
+ Social media users in APAC: 1.43 Billion
+ Mobile connections in APAC: 3.86 Billion
+ Mobile social media users in APAC: 1.36 Billion
+ APAC's share of total global population: 55%
+ APAC's share of global internet users: 50%
+ APAC's share of global social media users: 53%
+ APAC's share of global mobile connections: 49%
+ APAC's share of global social media users: 56%
This document provides key digital statistics for Vietnam as of September 2016. It includes data on active internet users (93.9 million), active social media users (49.5 million), mobile connections (143 million), and active mobile social users (34 million). The document also shows growth trends between March 2015 and September 2016, with active internet users increasing 21%, active social media users increasing 33%, mobile subscriptions increasing 11%, and active mobile social users increasing 31%. Demographic data is also given for Facebook users in Vietnam.
OTT services embraces a wide range of activity, including offering web-based services direct to consumers and offering IP-based video delivery to tablets and smartphones as part of a wider pay TV or broadband subscription.
Two-thirds of survey respondents reported using a subscription video on demand (SVOD) service. Nearly half use their SVOD service as much as or more than their pay TV service. Three-quarters of SVOD users experience buffering and slow stream starts, and nearly 20% consider technical problems serious enough to cancel their service. Password sharing is common, primarily between family members, though concerns about its impact are likely overblown according to the research. Consumers expect a high-quality, premium viewing experience from SVOD services.
The document provides tips and best practices for mobile app growth from top mobile growth experts. It discusses strategies for acquisition, activation, retention, and referral growth channels. It includes a mobile growth framework and charts various metrics and tools for measuring mobile growth. The document aims to help mobile developers and marketers facing challenges with growing an app in today's competitive mobile landscape.
How to keep pace with mobile consumer expectationsTuan Anh Nguyen
The study of 4,500 mobile consumers and 450 brands indicated 93 percent of consumers would respond "against a brand if they felt that their expectations were not being completely met."
Also, the study revealed 33 percent of consumers would walk away from a brand entirely if they felt a brand did not fully support their needs.
Brands, agencies, and media providers must evolve to engage audiences in new ways. Shortened attention spans, ad blocking, and shifting media consumption require more personalized, contextual, and collaborative marketing. Effective digital engagements adapt content to the specific context and community, inviting audiences to engage further rather than forcing exposure.
Vietnam has experienced rapid economic growth and changes in consumer behavior and priorities over the past decade. Household incomes have doubled while the economy has tripled in size. Younger consumers are prioritizing new experiences over material goods, driving expansion of industries like coffee, beer, and mobile and internet usage. Health consciousness has increased spending on healthcare, fitness, and organic/natural products. Mobile technology is a key enabler of self-expression through social media and easier access to information online. Consumer finance has grown to support discretionary spending on homes, cars, and other large purchases. Experiences through travel and activities are becoming more important for personal fulfillment compared to tangible possessions.
RoHS stands for Restriction of Hazardous Substances, which is also known as t...vijaykumar292010
RoHS stands for Restriction of Hazardous Substances, which is also known as the Directive 2002/95/EC. It includes the restrictions for the use of certain hazardous substances in electrical and electronic equipment. RoHS is a WEEE (Waste of Electrical and Electronic Equipment).
Optimizing Post Remediation Groundwater Performance with Enhanced Microbiolog...Joshua Orris
Results of geophysics and pneumatic injection pilot tests during 2003 – 2007 yielded significant positive results for injection delivery design and contaminant mass treatment, resulting in permanent shut-down of an existing groundwater Pump & Treat system.
Accessible source areas were subsequently removed (2011) by soil excavation and treated with the placement of Emulsified Vegetable Oil EVO and zero-valent iron ZVI to accelerate treatment of impacted groundwater in overburden and weathered fractured bedrock. Post pilot test and post remediation groundwater monitoring has included analyses of CVOCs, organic fatty acids, dissolved gases and QuantArray® -Chlor to quantify key microorganisms (e.g., Dehalococcoides, Dehalobacter, etc.) and functional genes (e.g., vinyl chloride reductase, methane monooxygenase, etc.) to assess potential for reductive dechlorination and aerobic cometabolism of CVOCs.
In 2022, the first commercial application of MetaArray™ was performed at the site. MetaArray™ utilizes statistical analysis, such as principal component analysis and multivariate analysis to provide evidence that reductive dechlorination is active or even that it is slowing. This creates actionable data allowing users to save money by making important site management decisions earlier.
The results of the MetaArray™ analysis’ support vector machine (SVM) identified groundwater monitoring wells with a 80% confidence that were characterized as either Limited for Reductive Decholorination or had a High Reductive Reduction Dechlorination potential. The results of MetaArray™ will be used to further optimize the site’s post remediation monitoring program for monitored natural attenuation.
Improving the viability of probiotics by encapsulation methods for developmen...Open Access Research Paper
The popularity of functional foods among scientists and common people has been increasing day by day. Awareness and modernization make the consumer think better regarding food and nutrition. Now a day’s individual knows very well about the relation between food consumption and disease prevalence. Humans have a diversity of microbes in the gut that together form the gut microflora. Probiotics are the health-promoting live microbial cells improve host health through gut and brain connection and fighting against harmful bacteria. Bifidobacterium and Lactobacillus are the two bacterial genera which are considered to be probiotic. These good bacteria are facing challenges of viability. There are so many factors such as sensitivity to heat, pH, acidity, osmotic effect, mechanical shear, chemical components, freezing and storage time as well which affects the viability of probiotics in the dairy food matrix as well as in the gut. Multiple efforts have been done in the past and ongoing in present for these beneficial microbial population stability until their destination in the gut. One of a useful technique known as microencapsulation makes the probiotic effective in the diversified conditions and maintain these microbe’s community to the optimum level for achieving targeted benefits. Dairy products are found to be an ideal vehicle for probiotic incorporation. It has been seen that the encapsulated microbial cells show higher viability than the free cells in different processing and storage conditions as well as against bile salts in the gut. They make the food functional when incorporated, without affecting the product sensory characteristics.
Kinetic studies on malachite green dye adsorption from aqueous solutions by A...Open Access Research Paper
Water polluted by dyestuffs compounds is a global threat to health and the environment; accordingly, we prepared a green novel sorbent chemical and Physical system from an algae, chitosan and chitosan nanoparticle and impregnated with algae with chitosan nanocomposite for the sorption of Malachite green dye from water. The algae with chitosan nanocomposite by a simple method and used as a recyclable and effective adsorbent for the removal of malachite green dye from aqueous solutions. Algae, chitosan, chitosan nanoparticle and algae with chitosan nanocomposite were characterized using different physicochemical methods. The functional groups and chemical compounds found in algae, chitosan, chitosan algae, chitosan nanoparticle, and chitosan nanoparticle with algae were identified using FTIR, SEM, and TGADTA/DTG techniques. The optimal adsorption conditions, different dosages, pH and Temperature the amount of algae with chitosan nanocomposite were determined. At optimized conditions and the batch equilibrium studies more than 99% of the dye was removed. The adsorption process data matched well kinetics showed that the reaction order for dye varied with pseudo-first order and pseudo-second order. Furthermore, the maximum adsorption capacity of the algae with chitosan nanocomposite toward malachite green dye reached as high as 15.5mg/g, respectively. Finally, multiple times reusing of algae with chitosan nanocomposite and removing dye from a real wastewater has made it a promising and attractive option for further practical applications.
Evolving Lifecycles with High Resolution Site Characterization (HRSC) and 3-D...Joshua Orris
The incorporation of a 3DCSM and completion of HRSC provided a tool for enhanced, data-driven, decisions to support a change in remediation closure strategies. Currently, an approved pilot study has been obtained to shut-down the remediation systems (ISCO, P&T) and conduct a hydraulic study under non-pumping conditions. A separate micro-biological bench scale treatability study was competed that yielded positive results for an emerging innovative technology. As a result, a field pilot study has commenced with results expected in nine-twelve months. With the results of the hydraulic study, field pilot studies and an updated risk assessment leading site monitoring optimization cost lifecycle savings upwards of $15MM towards an alternatively evolved best available technology remediation closure strategy.
Biomimicry in agriculture: Nature-Inspired Solutions for a Greener Future
Gig Economy - reshaping the future of work
1. Beyond the
Gig Economy
How New Technologies Are
Reshaping the Future of Work | 2016
By Jon Lieber, Chief Economist, Thumbtack
& Lucas Puente, Economic Analyst, Thumbtack
2. The Old Economy
The labor market in the 20th century was based
around large employers and the manufacturing
industry, but that era is gone, thanks to automation
and globalization.
3. The Economy of the Future
Smaller businesses are playing a bigger role than
ever, as more Americans are finding work in the
services economy and technology has made starting
a small business cheaper and easier than ever.
4. The 21st Century’s Economic Challenge
This shift has produced a bifurcation in the labor
market; those without college degrees are far more
likely to face dismal labor market conditions.
6. The New Path to the Middle Class
Skilled professionals — those with the know-how to do
a specialized, non-routine job in any circumstance —
are the middle class of the future.
8. Non-Routine Jobs: The Jobs of the Future
Cognitive Manual
Routine
• Bookkeepers
• Dispatchers
• Customer service reps
• Secretaries
• Travel agents
• Professional drivers
• Machine operators,
• Assemblers
• Warehouse laborers
• Laundry cleaners
Nonroutine
• Photographers
• Architectural drafters
• Nutritionists
• Graphic designers
• Land surveyors
• Plumbers
• Electricians
• Professional chefs
• Dog trainers
• Exterminators
9. Unpacking the “Gig Economy”
Marketplaces provide consumers with specialized
services from skilled professionals. This gives the
service provider a chance to earn flexible income and
their own terms and build a business and career.
12. Online marketplaces are more than 4 times more cost-
effective than offline marketing in introducing skilled
pros to new customers, their single biggest challenge.
Marketplaces Solve Pros’ Main Concern
Source: Thumbtack survey, June 2015 (5,000 professionals)
13. Where Are Workers Using Marketplaces?
We used Twitter data as a proxy for adoption rates in
different markets, based on the theory that platforms
with more followers on Twitter in a given area likely
have more users and more service providers in that
same area.
15. How Policymakers Can Help Skilled Pros
1. Invest in developing skills outside of educational institutions.
• Example: the Obama Administrations’s American Apprenticeship
Grants
2. Strengthen the social safety net and move away from employer-
based benefits.
• Example: Affordable Care Act
3. When it comes to taxes, focus on reducing burden of compliance.
• Example: Ohio’s municipal tax reform
16. Conclusion
1. As we finalize a transition to a service-based economy, workers
are presented with new challenges, but also new opportunities.
2. Technology can help workers most by empowering them to
efficiently reach clients seeking their specialized skills, not by
turning them into on-demand commodities.
3. Policymakers should work to help all workers in this new
environment, not just those with traditional employment
arrangements.
17. Authors
Jon Lieber is Thumbtack's Chief
Economist and head of policy research,
studying trends in the labor market,
entrepreneurship, and the small business
economy. He has spent over a decade in
Washington, D.C.,advising policymakers
on economic policy, and currently serves
as a board member for the Center for
American Entrepreneurship, a research
organization dedicated to improving the
environment for startups and
entrepreneurs. He can be reached at
jon.lieber@thumbtack.com.
Lucas Puente is the Economic Analyst at
Thumbtack, where he studies
Thumbtack's marketplace dynamics and
the policy challenges facing small service
businesses. He has a master's degree and
Ph.D. from Stanford University and is a
graduate of the University of Georgia.
He can be reached at
lucas.puente@thumbtack.com.