The Rise of the Third Billion Are You Ready? Susan Fonseca October 12, 2017
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1 The Rise of the Third Billion Are You Ready? Susan Fonseca October 12, 2017
2 Work
3 2 languages 2 cultures Honduras Population 8.8 million GDP $45.6 Billion USA Population 326 million GDP $18.5 Trillion
4 Law Anthropology Degrees
5 assion Education + Diversity
6 Why I Do It To empower ½ The Sky To solve critical problems To link Community To discover idea-makers that Inspire! To build the Future To Pay-it-Forward Every human being has a value and should have a voice at the decision-making tables.
7 2 to interrupt the normal course or unity 3 to drastically alter or destroy the structure 1 to break apart Disrupt
8 In the next 10 years, 40% of the Fortune 500 companies will be gone. John M. Olin School of Business, Washington University
9 The World of Work 87% of the jobs that will exist in 2030 haven't even been invented yet. DELL Report 2017 Remote working, has emerged as a mixed blessing, with employees working from anywhere and at any time. As a business owner you can no longer just sit back. There is no room for relaxation. Peter Diamandis years The rate of extinction for Fortune 500 companies in Today it s years.
10 Exponential Technologies What is Driving Disruption? Women. The Third Billion The New World of Work. A Millennial Mindset. Transparency
11 Exponential Technologies
12 Virtual reality VR revenues projected to reach $75 billion by Greenlight Insights
13 The biggest gamechanger in this energy revolution is the fastdeclining cost of solar power. - GreenBiz Solar Will Dominate Energy Within 12 Years. - Ray Kurzweil Solar power has grown by 100% averaging 35-40% annual growth over the last 20 years. - Ramez Naam Solar Energy Solar Is now the cheapest energy there is in the sunniest parts of the world. A deal in Dubai was signed for 2.4 cents a kwh less than half US natural gas prices. - Ramez Naam
14 90% fewer moving parts Autos autónomos better driving experience
15 3D Printing + Manufacturing
16 75 años 38 años 13 años 4 años 3.5 años 3 años 2.5 años 50 días 35 días How much did it take to reach 50 millions users
17 318% growth of female angel investors in 10-years ( ) compared to 13% growth by male angels. Forbes 90% of women want to make a positive impact on society. The Third Billion Forbes
18 The Third Billion By 2028 women will control 75% discretionary spending worldwide. EY By 2020 women will control $72 trillion globally. Boston Consulting Group Multiplier effect women re-invest 90% of every dollar they earn in family education, health and nutrition Harvard Business Review
19 Full gender parity would add $28 trillion to global GDP in 2025 McKinsey Women are the world s most powerful consumers, they drive 70-80% of all purchasing decisions Forbes The World s Opportunity Women represent a growth market bigger than China and India combined Harvard Business Review
20 72% of social media users are women. Pew Research Center The World s Opportunity At a time when the world is looking for additional drivers of growth, there s an untapped market out there that everyone should invest in more: women. World Bank Group (WBG) President Jim Yong Kim, % of women pass along information about deals or online recommendations to others. Girl Power Marketing
21 By the numbers 48 Nobel prize winners are women (out of 579 prizes, 115 years) 85% 17% Of partners at venture capital firms globally are women 7% Of all consumer spending is womendriven (USA) Global seed & angel funding to femalestartup 4% Fortune 500 CEOs are women Predicted worldwide buying power by women in 2018 (global) $40 trillion
22 By the numbers 4% doctorate degrees in science/engineering earned by hispanic & africanamerican women Global heads of state/government are women (of 193 sovereign nations) Only 8% 13% Patents held by a woman as the primary inventor (U.S. Patent Office) of all female engineers in today's workforce 19 Percent of all female researchers, worldwide 28% An image of a positive woman can affect change in 5 minutes! 29 of 500 Women inducted to the National Inventors Hall of Fame 5 minutes
23 What s the problem Innovators that represent the other 50%! Balance the Role Model ratio?
24 The faces of innovation v v v 156B 74B 61B Steve Jobs Apple Bill Gates Microsoft Jeff Bezos Amazon Global population 7.5 billion 60B 52B 51B Elon Musk Tesla Sergey Brin & Larry Page Google Mark Zuckerberg Facebook
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26 You can t solve a problem with the same mind that created it Albert Einstein
27 Today In 2017 we launch our latest campaign: GAME-CHANGER 365 to feature 1 female trailblazer every day for 365 days of the year!
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39 Millennials 75% of global workforce by 2025
40 expect to work past the age of 65 Over half Millennials 73% think they will be working over the age of 70 27% Are working longer and harder than previous generations 26% work more than 40 hours a week 12% Say they are likely to be working until they die are working two or more paid jobs
41 84% expect to work past the age of 65 Millennials 40% are open to new ways of working in the future and over a third are considering self-employment Over half Women plan to take more time out to care for others, such as children, older relatives and partners plan to take a significant break to travel Half consider leaving their current job due to a lack of appreciation When choosing where and how they work, they re prioritizing money security time off
42 Millennials Born between 1980 and 2000 Will change corporations over the next decade Force companies to be transparent Build a collaborative organization working in remote teams and projects to accomplish goals Recruit based on results over degrees Change the meaning of face-time for video Turn work into a game instead of a chore Work / life balance Make working from home the norm Focus on collaboration and equality
43 Transparency the new business trend Sharing compensation data across all employees (a) promotes competition, (b) increases employee performance, (c) reduces the gender gap Increases customer trust and loyalty Transforms a faceless business into a personalized entity
44 How can organizations survive?
45 "In the beginner's mind there are many possibilities, in the expert's mind there are few." Shunryu Suzuki
46 1 2 a new idea, method, or device: novelty the introduction of something new Innovation
47 John Hagel In the past, a leader was someone that had all the answers. In the future, a leader will have the best questions.
48 Re[think] Re[tool] Re[charge] Re[solve]
49 Re[think] Size + scope + strategy + office space Are you still in a silo? Are you building something new? Your current product/service: does it matter? Who s missing at the table? who should be invited to the conversation? Reimagine what you could be and want to be Integrate innovation within. John Hagel s build the edge
50 Re[tool] Add diversity Add creativity Add risk Add research Equipment needed are resources to build your Future! Build capacity of future skills; not the past or present skills Shift teams, staff, partners Redefine success and reconsider existing channels of information flow Invest in training and mentorship
51 Re[charge] Re[inspire] yourself Re[energize] your staff, clients, partners, customers, and stakeholders Step back and build human connections that are authentic, genuine and meaningful
52 Re[solve] Commit to adding new value to the industry Expand opportunities and pass the mic Listen Share Build together (involve unlikely partners, include clients and customers and staff)
53 7 Critical Skills to Survive! 1. Critical Thinking + Problem Solving 2. Collaboration + Leadership with clear ethical frameworks 3. Agility + Adaptability 4. Initiative + Entrepreneurship 5. Effective oral + written communication skills 6. Accessing + Analysing information 7. Curiosity + Imagination to drive Innovation!
54 Contact Susan Fonseca
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