Monday, August 10, 2015

The Discovery of the Shared Economy

“If the result confirms the hypothesis, then you’ve made a measurement. If the result is contrary to the hypothesis, then you’ve made a discovery.”-----Enrico Fermi

Innovators and creators avoid best practices and rules, they enable companies to experiment, iterate, adapt and evolve at the required pace. They don’t filter their visions through the judgments of others.
Innovation for them, is a form of disobedience; they revel in the uncertainty and unpredictability of creating solutions.

Innovators can be terrifically disruptive, depending on the institutional, entrepreneurial, and social contexts in which they act.

In emerging markets, labor’s share of GDP is declining in 42 out of 59 countries,
including China, Mexico and India. Diminishing wages can only lead to greater inequality and global instability.These are areas with 90% of the world’s population, higher birth rates and more young people.

In developed markets the labor's contribution to the GDP is stagnant including the US, UK and Germany. Creativity and Innovation is of immediate necessity.

The smart way is to facilitate collaboration by leveraging assets, resources, and expertise outside immediate sphere of control. This collaboration can be transformative with disruptive power filtering through every sector of the economy.

This “shared economy” – featuring many instances of peer-to-peer coordination of the use of assets — to contribute excess capacity for greater socio-economic impact.

See You at the Top