DISRUPTIVE TECH - Transcending...
Transcript of DISRUPTIVE TECH - Transcending...
D I S R U P T I V E T E C H I N S I G H T A N D I M PA C T TO C O R P O R AT E O C C U P I E R S
M A T T . T O N E R @ C B R E . C O M
C O N F I D E N T I A L & P R O P R I E T A R Y
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W H A T E C O N O M I C T E C H S O C I A L
S O W H A T E F F E C T S I M P A C T S
M A N D A T E S
N O W W H A T E N G A G E A C T I V A T E L E A D
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W H Y
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s e n s o r + a p p
p o r t f o l i o m a n a g e m e n t
e q u i p m e n t o p t i m i z a t i o n
c ro w d f u n d i n g
…
D I R E C T C R E I M PAC T S
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s e n s o r + a p p
p o r t f o l i o m a n a g e m e n t
e q u i p m e n t o p t i m i z a t i o n
c ro w d f u n d i n g
…
c a p a b i l i t y + p i v o t
g l o b a l i z a t i o n
e n t e r p r i s e m a n a g e m e n t
f u n c t i o n a l t i p p i n g - p o i n t s
…
I N D I R E C T C R E I M PAC T S D I R E C T C R E I M PAC T S
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SOURCE | Fortune Data Sheet, April 2015
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T H E S C A R I E S T G R A P H I N B U S I N E S S
1960 1965 1970 1975 1980 1985 1990 2000 2005 2010 2015 2020 2025
0
10
20
30
40
50
60
70
A V E R A G E C O M P A N Y L I F E S P A N O N S & P 5 0 0 I N D E X ( I N Y E A R S )
P R O J E C T I O N S B A S E D O N C U R R E N T D A T A
1995
SOURCE | Altitude, Inc. | Innosight, Richard Foster | Standard & Poor’s 6 | CBRE INSTITUTE | CONFIDENTIAL & PROPRIETARY
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S C A L E | U N I C O R N S O U T, ‘ D E C A C O R N S ’ I N
SOURCE | Digi-Capital, Business Insider, Feb 2015
Over $10B
$5B - $10B
$2B - $5B
$1B - $2B
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SOURCE | McKinsey & Company, Expert Interviews and Analysis, Sept 2014
PA T H | D I S R U P T I O N R O A D M A P
Industry revenues rapidly compressing and shifting away from Incumbents
New trends emerge
Innovative startups create disruptive business models
Early adopters start embracing the new models
Advanced incumbents start adapting to the new model
Mainstream customers adopt
Laggard incumbents die
Advanced incumbents and established “startups” constitute the new normal Tipping
point
Consumer Goods
Digital Media
Industry revenues rapidly compressing and shifting away from Incumbents
Margin compression
Traditional Media
Retail Banking
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W H Y | E N T E R P R I S E T R A N S F O R M A T I O N
We are mid-shift in a fundamental refocusing of consumer behaviors.
- James Gilmore, Authenticity: What Consumers Really Want
SOURCE | James Gilmore, Authenticity: What Consumers Really Want, 2007 | CBRE Analysis, Aug 2014
100 Years of American Business
Agrarian: Society remains largely designed to meet fundamental human needs
Industrial: Rise of labor-based industry built to produce hard goods on a strict price basis
Service: Introduction of specialized, knowledge-based, management-focused corporations
Experience: Consumers seeking integration within a branded lifestyle
“
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D I F F E R E N C E | E V E R Y T H I N G O N D E M A N D
SOURCE | Tom Goodwin, Tech Crunch SOURCE | TechCrunch, Tom Goodwin
The world’s largest taxi company, Uber owns no vehicles.
The world’s most popular media source,
creates no content.
The world’s most valuable retailer, Alibaba
has no inventory.
The world’s largest accommodation provider, Airbnb
owns no real estate.
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R E A C H | G L O B A L + E M E R G I N G M A R K E T S
2 0 0 9 2 0 5 0
SOURCE | PWC, The World in 2050, The BRICs and Beyond | McKinsey Global Institute, Urban World
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83% see the global economy improving
56% plan to pursue an acquisition within 12 months
B R E A D T H | I N N O V A T I O N - B A S E D M & A
SOURCE | EY Capital Confidence Barometer, April 2015
“
ON THE HORIZON FOR 1,600 EXECUTIVES
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EXPANDS
H U M A N C O G N I T I O N
W I T H E A C H U S E
N A T U R A L L Y
LEARNS
INTERACTS
SOURCE | IBM RESEARCH
H O W | I N T R O D U C I N G C O G N I T I V E C O M P U T I N G
15 | CBRE INSTITUTE | CONFIDENTIAL & PROPRIETARY SOURCE | BCG's virtual Center for Sensing and Mining the Future
$7.4 $10.8
$15.3
$26.9
$42.9
$66.9 Billion
2000 2005 2010 2015 2020 2025
A C C E P T A N C E | C O N S U M E R R O B O T I C S
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N E W B O U N D A R I E S | I N T E R N E T O F E V E R Y T H I N G
SOURCES | Harvard Business Review, Nov 2014
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DATA STORAGE COSTS SINGLE GIGABYTE
$120,000
$0.06
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
1 21980 2015
P L E N T I F U L | D A T A S T O R A G E
“ These guys will drive prices to zero.
- Aaron Levie, cofounder of Box
ON FUTURE OF THE CLOUD | Amazon, Google and Microsoft
-99.99%
SOURCE | New York Times | Forbes.com, August 2014
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S H I F T I N G | T A L E N T B A S E D E C O N O M Y
SOURCE | Fortune, 2013
1963
72% 10%
2013
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M O B I L E | T H E M O D E R N F A M I LY
SOURCES | Bloomberg BusinessWeek, Oct 2014 | US Census Bureau, Sept 2014
There is a new and tremendous amount of liquidity in the US labor pool…much more flexible, mobile, and responsive.
- Edward Yardeni, Economist
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ON THE DISAPPEARANCE OF TRADITIONAL FAMILIES
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C A U S E O R E F F E C T | V A L U E & V A L U E S C O N C I O U S D I G I T A L N A T I V E S
SOURCE | Pew Research, 2015 | Brookings Institute, 2013 | EY and Towers Watson, 2014
C r i t i c a l M a s s i s G r o w i n g More than one-third of the U.S. workforce is aged 18 to 34
T a l e n t i s A t t r a c t e d t o C r e a t i v e O u t l e t s The top five ideal employers are Google, Apple, Facebook, the U.S. State Department, and Disney
M o t i v a t e d b y a C a r p e D i e m P h i l o s o p h y 64% would rather make $40,000/year at a job they love than $100,000/year at a job they think is boring
T a l e n t S h o r t a g e s h a v e N e v e r B e e n H i g h e r 65% of global companies are having problems finding employees with the skills they need
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50% of space
is underutilized (surplus)
70% of employees
are disengaged (waste)
SOURCES | New York Times | CBRE, 2013 | Gallup, 2013 21 | CBRE INSTITUTE | CONFIDENTIAL & PROPRIETARY
22 | CBRE INSTITUTE | CONFIDENTIAL & PROPRIETARY SOURCE | CBRE Labor Analytics | BOSTI Consulting
L I F E T I M E C O S T S
82% People
10% Technology
3% Operations & Maintenance
5% Facilities
0.5% Design
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Google Coca Cola
8
9
Starbucks Apple
Rank Company HQ
1 Apple CA
2 Amazon.com WA
3 Google CA
4 Berkshire Hathaway NE
5 Starbucks WA
6 Coca-Cola GA
7 Walt Disney CA
8 FedEx TN
9 Southwest Airlines TX
10 General Electric CT
SOURCE | Fortune, 2014 23 | CBRE INSTITUTE | CONFIDENTIAL & PROPRIETARY
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WILL TOP TALENT STAY FOR THE INTERVIEW?
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WILL THEY STAY FOR A YEAR?
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T E C H C A T A LY S T | H O W I S C R E E N G A G I N G A C R O S S T H E E N T E R P R I S E T O S U P P O R T C O R E B U S I N E S S N E E D S ?
CBRE | CHICAGO 26 | CBRE INSTITUTE | CONFIDENTIAL & PROPRIETARY
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YESTERDAY TODAY TOMORROW
Workspace Capacity & density
Workplace Business strategy & productivity
Workforce Enabling employees to excel
T H E I M PA C T | C R E M U S T E M B R A C E A N E W R O L E
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PROJECTS
PEERS
PASSION
PLAY
SOURCE | MIT Media Lab, Aug 2014
FOUR P’s TO CREATIVE LEARNING
L E A D I N G D R I V E R S O F G E N Z G R O W T H
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A C C O M O D A T I N G U N I Q U E E N T E R P R I S E N E E D S
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R E S E T T I N G T H E B A R
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now 31 | CBRE INSTITUTE | CONFIDENTIAL & PROPRIETARY
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T H E R O A D A H E A D | T E C H N O L O G Y & T H E C O R P O R A T E O C C U P I E R
Accept and integrate with ‘radical mobility’
“I work” vs. “I go to work”
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Define our participation in the collaboration economy “I want to listen to music” vs. “I want to buy the CD”
Deliver creative, engaging workspaces Inspiring and supporting a modern knowledge miner
Stop providing an office and start collaborating on a solution “Moving CRE from a debit to a credit”