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Who we are
Ted GrahamInnovation LeaderPWC Canada@tedgraham
Paul BarterInnovation ConsultantVenture AdvisorMBA Prof@barterpaul
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How many firms tweet that they’re the ‘Uber of ‘ some other industry?
300+ that week! tofrom
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$1,000 savedBetter experience
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It’s not enough to want to be innovative
7Wall Street Journal online May 2012
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Introduce you to a major trend that is changing the world. Begin a conversation about what to do about it.
Our goal today…
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But first… exponential change
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Location
Personalization
Presence
Now add context
A General purpose Technology
ICT
Industries transformed
What’s a general purpose technology?
What of it?
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The human brain plus exponential change equals disruption.
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Now to the sharing economy
Example 3
Industrial revolution
Sharing comes back
Three Sharing Models(transportation example)
Regulated Inventory
Share corporate Inventory
Platform: Scalable Inventory
Initial penetration segments
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3,000 + firms claimed to be the Uber of their industry
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1. Make it simple for customer and drivers
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2. Provide more for less
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3. Immediate feedback – with consequences!
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4. Surge pricing to motivate a contingent workforce
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5. Balancing Risk and Reward
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“Outing” UberX drivers via Twitter
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https://www.metromile.com/uber/PwC
US Insurers fill the void to address emerging market
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It’s not just consumers who are switching…
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Remember – not just travel and accommodation
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Other thoughts
Other thoughts
Other thoughts
Other thoughts
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Combinations
In some ways just an interim trend?
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Takeaways
Participate to understand!Opportunity AND threat for incumbentsWe’re in the first inning and the ride might be bumpy but….The vast majority of consumers LOVE this trendPoliticians will follow
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Introduce you to a major trend that is changing the world. Begin a conversation about how to respond
Goal reminder
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Want to know more?
Uberofeverything.com Paulbarter.com
@tedgraham@barterpaul@uberofeverthin
Ted GrahamPaul Barter
PwC.com/ca
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