C.K.
Kum
ar
And how to benefit from it
@SupraMBA #PCATX13
The C Word - How Collaborative Economy is Disrupting Everything
Collaboration Economy: Benefit from it
C.K. Kumar
What is the Collaborative Economy?
WWW - Who is sharing What with Whom?
Why is this so different ?
How can you start a Collaborative Startup?
Key Takeaways
Agenda
Collaboration Economy: Benefit from it
C.K. Kumar
Collaborative Consumption
Access over Ownership
I NEED
YOU HAVE
Collaboration Economy: Benefit from it
C.K. Kumar
Who’s in the Sharing Economy
Collaboration Economy: Benefit from it
C.K. Kumar
Who’s in the Sharing Economy
MONEY
SERV
ICES
GOODS
FOOD
SPAC
E
TRANSPORT
SHARINGECONOMY
Collaboration Economy: Benefit from it
C.K. Kumar
The Size and Trends
Source: Ouishare, Frost & Sullivan
US Car Sharing Market: $3B
Consumer P2P Rental Market: $26B
Investment in Coll. Economy: $67B
Collaboration Economy: Benefit from it
C.K. Kumar
Why is this happening
Based on Forrester Research, Aldo De Jong & Claro Partners
Collaboration Economy: Benefit from it
C.K. Kumar
Why is this happening
Based on Forrester Research, Aldo De Jong & Claro Partners
Share
JOY OF SHARING
Collaboration Economy: Benefit from it
C.K. Kumar
Key Drivers
Source: “The Collaborative Economy”, Altimeter Group
Collaboration Economy: Benefit from it
C.K. Kumar
What is Different?
Traditional Business Collaborative EconomyMe We
Centralized (1%) Distributed / Networked (99%)Company owns Product / Service User rents access to Product / Service
Asset Heavy – More, Often Asset-lite – Rent, Use as needed,Hierarchical Distribution Flattened Structure / Disintermediation
Idle Capacity / under-utilization Optimizing utilizationLimited choices / One-size fits all Multiple Choices, Personalized & tailored
Pay-as-you-go Pay-as-you-live
Collaboration Economy: Benefit from it
C.K. Kumar
Coll. Economy Value Chain
Source: Altimeter Group
Rent
Subscribe
Co-Ideate
Co-Fund
Co-Build
Co-Market
Co-Sell
Resell
Swap
Lend
Gift
Collaboration Economy: Benefit from it
C.K. Kumar
Simple Feasibility AnalysisSTART
NOT FEASIBLE
EXPENSIVE?
SHORT SATISFAC-
TION?
ASSET LIQUIDITY?
IDLING CAPACITY?
ENHANCEVALUE?
FEASIBLE
YES
NO
NO
NO
NO
NO
YES
YES
YES
YES
Collaboration Economy: Benefit from it
C.K. Kumar
Ripe for Disruption
Source: Based on Marco Torregrossa, Euro Freelancers
INFRASTRUCTURE
Complex Monopolistic Dictatorial
INVENTORIES
Centralized Burdensome Proprietary
INTERMEDIARIES
Redundant Expensive Diffused
INSTITUTION
Hierarchical Undemocratic Untrustworthy
Collaboration Economy: Benefit from it
C.K. Kumar
At Risk IndustriesSHORT FUSE, BIG BANG LONG FUSE, BIG BANG
SHORT FUSE, SMALL BANG LONG FUSE, SMALL BANG
% C
hang
e in
Bus
ines
s
Time (in Years)
Media
FinanceRetail Trade
ProfessionalServices
Arts & Recreation Real Estate
Construction
WholesaleTrade
Hospitality
Food Services Manufacturing Mining
Education Transportation
Health
Govt. Services
Agriculture
Utilities15%
Base
d on
Del
oitt
e’s
Dig
ital D
isru
ption
Map
Collaboration Economy: Benefit from it
C.K. Kumar
Collaboration Economy: Benefit from it
C.K. Kumar
Meta Trends in CC
Trust & Reputation: Offline Online
Producers Customers
Linear Economy Circular Economy
LaaP LaaS
Collaboration Economy: Benefit from it
C.K. Kumar
Key Takeaways ABC – Always Be Collaborating A gentle change in perspective
Consumption – Better, not more Community – Share more, own less Trust – neighbors, strangers, institutions
Opportunities to Expand the market Connect to the consumers, partners Improve profitability
Collaboration Economy: Benefit from it
C.K. Kumar
Thank You