Something profound is going on

Something profound is going on

Something profound is going on

Something profound is going on

Think about some of the fastest growing and most innovative companies and what makes them different:

Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory and Airbnb, the world’s largest accommodation provider, owns no real estate

The Peer-to-Peer economy is growing

From accommodations, car-sharing, lending to task the Peer-to-Peer economy is growing fast. Start-ups will continue spawn P2P businesses in virtually every industry and create new industries.

The innovation clock is now set to fast-pace and will get even faster as consumers become more trusting of relationships tied to social sentiment and communities of users.

Traditional business models will many cases co-exist in parallel with P2P business models. However, the P2P options will have a profound impact on the profit margins that traditional players will be able to extract.

Something profound is going on - The Peer-to-Peer economy is growing

But this is only the beginning of the sharing economy. Existing companies have started to separate ownership and usage, providing access for people either unwilling or unable to own and turning idle resources into sources of income. The next step will push that separation even further, changing property into something that is strictly an investment opportunity for the owner and is used exclusively by third parties.

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About The Author

Torben Rick

Experienced senior executive, both at a strategic and operational level, with strong track record in developing, driving and managing business improvement, development and change management. International experience from management positions in Denmark, Germany and Switzerland.

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