We live in a post-digital age, an era of constant technological change, transforming rapidly the way we live, work and relate to each other. Technology has become an everyday component in our lives; it is the invisible engine that powers the world around us. In a 24/7 economy, clients have different needs. The way they work is changing and this also influences the skills and talent they need.
The world is changing Harnessing the Value of Idle Assets
Fostering an Engaging and Inclusive Communities
The sharing economy is a system that reduces asset or resource underutilisation for monetary or non-monetary benefits with three major characteristics. Firstly, it is usually driven by digital platforms that match both demand and suppliers of goods and services. Secondly, it promotes access rather than a change in ownership. Thirdly, it provides other means for households and businesses to monetise their underutilised assets and resources.
The Sharing Economy Harnessing the Value of Idle Assets
Developing digital economy Rise of the Platform Economy
The application of big data, new algorithms, and cloud computing will change the nature of work and the structure of the economy. But the exact nature of that change will be determined by the social, political, and business choices we make. A digital platform economy is emerging. Companies such as Amazon, Etsy, Facebook, Google, Salesforce, and Uber are creating online structures that enable a wide range of human activities. This opens the way for radical changes in how we work, socialize, create value in the economy, and compete for the resulting profits. Their effects are distinct and identifiable, though certainly not the only part of the rapidly reorganizing global economy. Digital platforms are multisided digital frameworks that shape the terms on which participants interact with one another. The initial powerful information technology transformation of services emerged with the Internet and was, in part, a strategy response to intense price-based competition among producers of relatively similar products.
Creating Endless Possibilities