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@rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

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Page 1: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

@rmchase

Page 2: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

EXCESS

CAPACITY

Page 3: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

PLATFORM

FOR

PARTICIPATION

Page 4: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

PEER COLLABORATORS:

Not consumers but co-creators

Page 5: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource
Page 6: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

EXCESS

CAPACITY PEOPLE PLATFORMS

People & Platforms are

Inventing the Collaborative Economy

& Re-inventing Capitalism

PEERS INC

Page 7: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

EXCESS

CAPACITY PEOPLE PLATFORMS

Code

Devices

Friends

Idle Money

Lectures

Data

Music

Videos

Networks

Expertise

Servers

Routers

Reviews

Links

FOSS SmartPhones

WhatsApp OKCupid

TransferWise Lending Club

Open spectrum Open devices

Open Data Spotify

Pandora MOOCs

Etsy UpWork LinkedIn

Mesh networks Co-housing

Co-work Bitcoin

Blockchain

Yelp

Page 8: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

sharing BED

Page 9: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource
Page 10: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource
Page 11: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

AGE ROOMS HOTELS COUNTRIES

9 2,500,000 207

4 650,000 192

65 645,000 4400 100

93 610,000 3800 88

44 530,000 4452 92

Page 12: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

AGE ROOMS HOTELS COUNTRIES

9 2,500,000 207

4 650,000 192

65 645,000 4400 100

93 610,000 3800 88

44 530,000 4452 92

Page 13: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

AGE ROOMS HOTELS COUNTRIES

9 2,500,000 207

4 650,000 192

65 645,000 4400 100

93 610,000 3800 88

44 530,000 4452 92

Page 14: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

INDUSTRIAL

STRENGTH (companies, institutions, governments)

Large investments

Multi-year efforts

Integration & Aggregation of many parts

Deep Sector knowledge

Diverse technical expertise(s)

Standard Contracts & standardization

Consistency

Brand Promise (trusted company)

Global

Page 15: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

INDIVIDUAL

STRENGTH (people, local NGOs & local companies)

Small investments

Short-term sporadic efforts

Delivery of small services

Local knowledge

Specific unique expertise/offering

Customization, specialization

Creativity

Personal social networks (trusted individual)

Local

Page 16: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

INDUSTRIAL

STRENGTH (companies, institutions, governments)

Large investments

Multi-year efforts

Integration & Aggregation of many parts

Deep Sector knowledge

Diverse technical expertise(s)

Standard Contracts & standardization

Consistency

Brand Promise (trusted company)

Global

INDIVIDUAL

STRENGTH (people, local NGOs & local companies)

Small investments

Short-term sporadic efforts

Delivery of small services

Local knowledge

Specific unique expertise/offering

Customization, specialization

Creativity

Personal social networks (trusted individual)

Local

Page 17: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

INC

(companies, institutions, governments)

Large investments

Multi-year efforts

Integration & Aggregation of many parts

Deep Sector knowledge

Diverse technical expertise(s)

Standard Contracts & standardization

Consistency

Brand Promise (trusted company)

Global

PEERS

(people, local NGOs & local companies)

Small investments

Short-term sporadic efforts

Delivery of small services

Local knowledge

Specific unique expertise/offering

Customization, specialization

Creativity

Personal social networks (trusted individual)

Local

PLATFORM

for participation DIVERSITY

of offering

Page 18: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

INC

Excess Capacity Resource & Cost Efficient

PEERS

Page 19: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Excess Capacity

Already exists, paid for, more value there

Robin Chase/Peers Inc

Page 20: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Visualization @heathermcgowan

How to harness Excess Capacity?

Page 21: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

2013 McKinsey report on OPEN DATA

Page 22: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

2013 McKinsey report on OPEN DATA

Page 23: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

INC

Platform for Participation Scale Economies High Growth

Excess Capacity Resource & Cost Efficient

PEERS

Page 24: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

ETSY SALES (MILLIONS)

0,2 3,8 26 87,5 180,6

314,3 525,6

895,1

1350

1930

2734,1

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Page 25: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

BlaBlaCar 4m transported each month

=10k high speed trains

= 10k 747s

Page 26: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

INC

Platform for Participation Scale Economies High Growth

PEERS Diversity Innovation Resilience Redundancy

Excess Capacity Resource & Cost Efficient

Page 27: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

21

Page 28: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

21

Page 29: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Peers Inc

Delivers 3 Miracles d

Page 30: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource
Page 31: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Baseline

By 2100 (BAU)

Today = +1

Govt promises = +3.5 +6.3

Goal = +1.5

?

Page 32: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Last Ice Age, 20 000 years ago

was -4C (-7F)

from today’s average temps. Europe & North America were

covered in kilometres of ice.

+4C (+7F) will happen over a

century, not millennia.

Page 33: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Baseline

By 2100 (BAU)

Today = +1

Govt promises = +3.5 +6.3

Goal = +1.5

Boston

G\Gap of Urgent Opportunity

Page 34: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

BANNY BANERJEE, STANFORD

Try

PEERS INC!

You can’t solve

exponential problems

with linear solutions.

Page 35: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

3 Miracles

Page 36: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Peers

Inc #1 We can defy the laws of physics

Because we are leveraging excess capacity

Page 37: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

BAU asset-building

Year 1 2 3 4 5 6

Page 38: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

#2 We can tap exponential learning Peers

Inc

Because we are building on platforms for participation

Page 39: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

130 hours, one semester of college 54 hours of Rosetta stone

Page 40: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

130 hours, one semester of college 54 hours of Rosetta stone

34 hours of Duolingo

Page 41: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

DEC 2015

> 105M

2013

Page 42: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

#3 The

Right Person

will Appear

Peers

Inc

Because we work with a

diversity of peers

Page 43: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

December 2014 April 2015 July 2015

2000 Listings

Graphic @heathermcgowan

In 6 Months

Page 44: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

PEERS INC is a collaboration

#1 We can defy the laws of physics

#2 We can tap exponential learning

#3 The RIGHT person will appearxxxxx

PLATFORM organizes & unleashes excess capacity PEER co-investment with existing assets 100s of 1000s of simultaneous PEER experiments PLATFORM analyzes, learns, shares best practice PLATFORM (supercomputing + peer learning) Real-time adaptation by PEERs at the edges

Page 45: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

PEERS INC is a collaboration

#1 We can defy the laws of physics

#2 We can tap exponential learning

#3 The RIGHT person will appearxxxxx

PLATFORM organizes & unleashes excess capacity PEER co-investment with existing assets 100s of 1000s of simultaneous PEER experiments PLATFORM analyzes, learns, shares best practice PLATFORM (supercomputing + peer learning) Real-time adaptation by PEERs at the edges

Page 46: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Strategies for Legacy Institutions • Create Pilots out of Edge Cases, and Expand with Success • Engage Others’ Minds by Publishing Problems, Not the Solutions • Embrace the Change Rather Than Fight It • Imagine Your Entire Ecosystem to Be Potential Co-creators • Product → Service → Marketplace → Platform

Page 47: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

Industrial Capitalism The Collaborative Economy

Page 48: @rmchase - OCTAVE … · 2013 McKinsey report on OPEN DATA . 2013 McKinsey report on OPEN DATA . INC Platform for Participation Scale Economies High Growth Excess Capacity Resource

21

Sharing – the Collaborative Economy – is the future

Shared networked assets > closed assets -------

………….More networked minds > fewer ‘proprietary’ minds Benefits of shared open assets > problems of open assets.

………..I get > I give

Structure for our dynamic times: Experiment, Iterate, Evolve, Adapt