Online collaboration - PowerPoint PPT Presentation

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Online collaboration

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Quick to combine & disband. People love participation ... Craig's list hollowing out newspaper revenues. Ebay new opportunities for small business ... – PowerPoint PPT presentation

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Title: Online collaboration


1
Online collaboration
  • Trevor Cook
  • Jackson Wells Morris
  • http//trevorcook.typepad.com
  • August 2006

2
Its about the users
  • User-generated content
  • User-controlled consumption

3
A new style
  • Individual and community-minded
  • Free floating patterns of interaction
  • Intersecting, overlapping
  • Quick to combine disband

4
People love participation
  • 55 of new bloggers still posting after 3 months
  • 1.6 Million new blog posts each day, about 50,000
    per hour
  • YouTube users viewing over 100m videos each day

5
Growing Australian interest (blog)
6
Its easy, cheap and mobile
  • Minutes to setup
  • Direct in-browser editing
  • Similar to email and word processing
  • WYSIWYG
  • Instant publishing
  • Wifi

7
Its powerful
  • Global reach
  • Ideas and information spread fast
  • Builds communities
  • Search-friendly

8
Disrupting business models
  • Craigs list hollowing out newspaper revenues
  • Ebay new opportunities for small business
  • Youtube DIY TV
  • Skype cheap telephone
  • Amazon the long tail
  • iTunes long tail and cheap delivery
  • Wikipedia the power of the crowd

9
Disrupting political models
10
Types of collaboration
  • Search (link-based rankings)
  • Feeds and aggregators
  • Bloggers as mavens providing more depth
  • Bloggers as editors fact-checking setting
    agendas
  • Communities of expertise
  • Project management
  • Internal communication

11
The google generation
  • Its news when I search for it

12
Search stats (Adage, Feb 2006)
13
Aggregators and feeds
  • An even-playing field for all sources
  • Dis-aggregation of news, information and
    commentary

14
Feed consumption
15
Mavens
  • Connectors "hubs" of the human social network
    and responsible for the small world phenomenon.
  • Mavens are knowledgeable people. While most
    consumers wouldn't know if a product were priced
    above the market rate by, say, 10 percent, mavens
    would.
  • Salesmen are charismatic. Their influence may be
    the tendency of others to imitate them.

16
Communities of expertise
17
Share views and gossip
18
Australian economist blogs (oikos)
  • Harry Clarke is Professor of Economics at La
    Trobe Uni. His blog examines environmental and
    urban transport economics and the economics of
    public healthJoshua Gans is Professor of
    Management (Information Economics) at Melbourne
    Business School (Uni of Melbourne). His blog
    mainly looks at economics of technology, strategy
    and public policy.Andrew Leigh is an economics
    lecturer at the ANU's Research School of Social
    Sciences in Canberra. His blog focuses on public
    policy economics.John Quiggin, an academic
    economist at the University of Queensland,. He
    approaches economics from a 'social-democratic
    perspective.Institutional economics is a blog
    by Stephen Kirchner, a financial market economist
    based in Sydney. It has a macro and international
    focus, looking at economies, capital markets,
    monetary policy and similar wacky stuff.

19
The end of business as usual
  • A powerful global conversation has begun.
  • Through the Internet, people are discovering
  • and inventing new ways to share relevant
  • knowledge with blinding speed.
  • As a direct result, markets are getting
  • smarter
  • - faster than most companies."

20
Future
  • A complementary media
  • but a radical change
  • A new, more democratic meritocracy
  • Online, offline blending
  • Internal trends will reflect external environment
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