The New Era of Economic Abundance

The New Era of Economic Abundance

"The New Era of Economic Abundance" Research Report If you would like to receive a complimentary copy of our new in-depth research report, please type in your email address and we will send you a download link.   Whether you are an executive, entrepreneur, investor, or an individual  interested in learning more about the emerging Sharing Economy, I think you will find these highlights from my new research report “The New Era of Economic Abundance” a value-added and insightful read…  By defying traditional economic principles of scarcity, the valuations of Airbnb and Uber have risen exponentially to $25.5 billion and $51 billion. Under our new laws of “Copianomics” (the science of choice under abundance, as opposed to scarcity), the following two economic forces act as growth catalysts: 1. Long Tail of Supply: Building Inventory with No Time or Capital Constraints In his book The Long Tail, Chris Anderson discusses how the democratization of content will lead to a reversal of economics of the mass market era as the large number of niches in the long tail starts to rival the head of the demand curve. This captures the basic essence of the Abundance Economy supply side as the under-utilized personal assets, goods and talent that were, “…previously dismissed as beneath the economic fringe…” can now be exchanged more efficiently and effectively between people below the depths of the corporate ocean. For example, as shown in Figure 1, Airbnb is building a long tail in accommodation, with 1,000 listings equivalent to one hotel. Airbnb is forecasting revenue to rise from just under $1 billion this year to reach $10 billion...
The Story of Purpose

The Story of Purpose

The Book “Beyond wealth creation and shareholder value is an unlimited resource to create a better world and a lasting legacy for businesspeople around the globe. It’s called purpose.” “Add purpose to a brand and it becomes a stand. We no longer buy it, but rather we buy into it, because it stands for something greater. Its bar code carries a moral code, a point of view that shares a greater purpose.” “The Industrial Revolution was built with our hands and the Technology Revolution with our heads. The next movement, the Human Revolution, will be forged with our hearts.” Some ideas are bigger than others, and the Master Idea—your company’s purpose—is the biggest… The Story of Purpose details a proven methodology for businesses, small to large, how to build a purpose-inspired organization to positively impact employees, customers, and the bottom line. It reveals the process for uncovering what makes a company distinctive and guides you to discover the fundamental force behind the organization that no competitor can replicate or replace. Publication Date: December 17, 2012 The Author Author’s tweets @JoeyReiman The Author’s Blog...
Thinking for a Living

Thinking for a Living

The Book “People who think outside the square run circles around people who don’t. These big thinkers inspire us, enlighten us, and change the way we think forever.” “What is needed are destiny statements.” “Companies will have to be knowledge-based and consumer-driven. Most important, they must be personal.” Can one idea be worth a million dollars? Advertising mogul Reiman discusses his formula for creating million-dollar ideas. A guidebook for every entrepreneur. Publication Date: October 25, 2001 The Author Twitter Feeds The Author’s Blog...
The Twelve Books of Strategy

The Twelve Books of Strategy

Barbara’s Top Dozen Business Strategy Books for 2012 Barbara Gray, CFA – December 11, 2012 – I thought it would be fun to share with you some of the words of wisdom from the top dozen business strategy books I have read over the past few years. As this is just a small sampling of the list of nearly 70 business strategy books we currently feature in our Brady Capital Research Library, I encourage you to check out our full list here:  http://bradycap.com/library/. Happy reading over the holidays! [divider] Wisdom from the Founders of Heart & Soul Companies [divider] “People want to do business with companies they respect and trust, especially in the current climate, when they are being more discerning and are scrutinizing their purchases.” – Howard Schultz (Founder, Starbucks Corporation) Onward: How Starbucks Fought for Its Life without Losing Its Soul [divider_padding] “…as Maslow asked in his book Eupsychian Management, “Where do you put consumer good will and consumer loyalty in your balance sheet?”” – Chip Conley (Founder, Joie de Vivre) Peak: How Great Companies Get Their Mojo From Maslow [divider_padding] “Today search literacy is not enough. The bigger advantage is gained by network literacy: knowing how to conceptualize, access, and benefit from the information flowing through your social network.” – Reid Hoffman (Founder, LinkedIn) & Ben Casnocha The Start-Up of You: Adapt to the Future, Invest in Yourself, and Transform Your Career [divider] Wisdom on Having a Greater Purpose [divider]  “…in many instances, qualitative factors may be more revealing than quantitative factors in drawing a picture of a company’s future performance.” – Rajendra S. Sisodia, David...
Wake Up Investors – The Corporate Social Revolution is Here

Wake Up Investors – The Corporate Social Revolution is Here

Barbara Gray, CFA – November 20, 2012 – The first shots have been fired in the Corporate Social Revolution… Employees of Walmart are planning their first ever nation-wide strike for Black Friday, the biggest holiday shopping day of the year. But what’s interesting to note is that Walmart stores are not unionized – the strike is being organized by its own employees online using social media platforms such as Facebook, Twitter, and Tumblr. As I wrote in my research report “Social Capital: A New Strategic Play for Investors” a year ago, “given social media’s proven power as a revolutionary force, we do not believe it is too much a stretch to envision how concerned citizens and organizations could use it as a platform to self-organize and join forces on a common cause to gain support from others and lobby for regulatory and legal reform and change.” This is exactly what Walmart employees are now undertaking as they have self-organized on social media, joining forces with non-profit activist groups such as Engage Network and Corporate Action Network, to lobby for more predictable work schedules, less expensive health care plans, and a higher minimum hourly wage. Social media allows this kind of grassroots labor action movement to build momentum at a pace and intensity never witnessed before and greatly increases the clout and bargaining power of all participants. From an investor perspective, the revolutionary power of social media raises the risk profile and reduces the growth profile for companies that treat their workers poorly. Companies that have built up distrust and negative social capital over the years with their employees could...