The future of home based and small business

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A presentation on global trends and potential intersections with small and home based businesses in the Yarra Ranges.This was developed to stimulate conversation on the needs of small businesses to aid the Shire of Yarra Ranges 2020 economic development strategy.

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Tomorrow[at]WorkEnabling Better Ways of WorkingMy interest is in the future because I am going to spend the rest of my life thereCharles F. Kettering (1876-1958)Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThe Future of Home Based and Small BusinessKeynote presentation supporting the development of the Yarra Ranges Economic Development StrategyThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingRoadmapIntroductionTrends shaping our futureIntersections with small business in the Yarra RangesSome final thoughtsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingTomorrow[at]Work specialises in actively enabling better ways of workingThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThe future is neither linear nor chaotic. Trends in isolation may be predictable but the convergence of multiple trends creates complex outcomes.Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingWhich of your business (and life) challenges and opportunities are being influenced by big social, technological and environmental trends?Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingTrends shaping our worldIncreasing Computing PowerNetwork GrowthPeak Resource UsageGlobalisationDemographic ShiftsDiversifying Social ValuesThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingIncreasing Computing PowerThere is no foreseeable end to current improvements in computing power, battery life, storage and computer size.Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingIn February this year a computer won the game show Jeopardy against two of the games best players Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingBy 2013 there will be more mobile computer users than desktop usersThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingNetwork GrowthFacilitating greater connectivity and relationships between people across the globeThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingMore than half of all Australians are internet users...and they are using it more than televisionThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThe power of social media to connect people with valuable ideas can not be underestimatedThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingResource ScarcityThe economics of resource extraction and use are leading a revolution to find alternativesThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThere is strong evidence to suggest we have hit tipping points in the cost of oil, iron ore, coal, copper, corn...Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingBy 2015 it is estimated that solar will reach grid parity with fossil fuelsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingGlobalisationAs we move towards a borderless world our understanding of we and us is changingThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingTechnology is assisting with information exchange and integrationThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThe Global Financial Crisis has shown that a global network can also result in the spread of new risksThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingDemographic ShiftsDeclining mortality rates and declining birthrates will mean an older and larger population in 2020Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingIncreasing wealth in developing nations is resulting in more pressure on our global ecosystemThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingIn the next 10 years we are going to see five generations together in the workforceThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingDiversifying social valuesDriven by globalisation, environmental concern and demographic shiftsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingConsumers are making more conscious choices about the products they buy and who they buy them from Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingShifting social values is also leading to greater expectations of business and government in relation to transparency and ethical behaviourThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingIntersections with Small Business in the Yarra RangesThe Digital WorkplaceWorker MobilityThe Knowledge EconomyLife IntegrationNew Business ModelsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThe Digital WorkplaceThe work of business is increasingly taking place onlineThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingBetter connectivity will allow employees to work remotely and encourage more intentional use of workplacesThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingIf better connectivity can allow individuals to work remotely why not move the whole business?Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingSocial media is media you cant buy or own, you have to earn itThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingWorker Mobility The breakdown of traditional forms of employment will result in new and innovative work arrangementsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingCompanies will hire teams consisting entirely of freelancers to complete one-off projectsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingNew business models are facilitating the outsource of a design, a project or a whole employee.Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingRecruiting will increasingly happen through your social networksThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThe Knowledge EconomyWe are experiencing a shift from logical to conceptual and creative workThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of Working80% of future labour shortages will be attributable to a lack of skills, not a lack of labourThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingWe will increasingly look to acquire knowledge through non-traditional forms of education Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingLife IntegrationPeople are looking for a more seamless integration of all elements of lifeThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingWe are seeking connection to people, to food, to place and to lifeThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingConsumers are demanding more authentic and local productsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingInnovative Business ModelsNew ways of working are beinh developed to meet a shifting business landscapeThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingSocial enterprises operate as commercial business but use their profits to delivering social outcomesThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingCrowd funding allows a community of stakeholders to invest in projects in which they have a personal interest Thursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingOpen innovation or crowdsouring gives customers greater input into the design and functionality of productsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingCoworking spaces are emerging as workers look for the services of an office without the capital outlayThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThe network consultancy model allows for freelancers to better meet the needs of their clients by working with like minded individualsThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingSome final thoughtsIdentifying and building on the strengths of the Yarra RangesCreating the Yarra Ranges of 2020 and beyondAddressing our individual and collective challengesThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingIdentify and building on the strengths of the Yarra RangesThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingYou are the creators of the Yarra Ranges in 2020 and beyondThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingWe need to find ways to address challenges both individually and collectivelyThursday, 23 June 2011Tomorrow[at]WorkEnabling Better Ways of WorkingThere are no problems or solutions, only possibilitiesThursday, 23 June 2011

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