Collaborative consumption in the

changing labour market

Karen Lawson, CEO, CareerOne #ATC2014

Collaborative

consumption “A class of economic arrangements in which

participants share access to products or services,

rather than having individual ownership”

#ATC2014

“Evolution of Consumption”

Ownership Accumulation Substitution

#ATC2014

Access today

We’re moving from a world where we’re organised around

ownership to one organised around access to assets

Economic Technology Social

#ATC2014

Idling Capacity + Critical Mass + High Costs

Where is the change?

Transportation Product & Apparel Hospitality Leisure

#ATC2014

Labourforce disruption

Finance Labour Education & Skill Hubs

#ATC2014

Labour: Task Economy

Aussies could be

making $700m

extra income • 9 out of 10 of workers want to

earn extra income in their spare

time

• While 35% of Australians work

full-time, over 90% want

flexibility not 9 to 5

Labour: Peer2Peer

Internal Referrals External Crowdsourcing

Utilisation of Assets: Knowledge and Networks

#ATC2014

THE THREAT COMES

FROM THE PEOPLE Companies must evolve their business models to avoid becoming disintermediated by customers who connect with each other

This is not a passing trend, this is a

work revolution

Thank you

#ATC2014