Deloitte University Press

Making it Millennial: Public policy and the next generation

The well-being of any society depends on each successive generation’s ability to contribute to the common good. Yet today’s rising generation, the Millennials, faces many obstacles to success.

Perspectives

The sharing economy [infographic]

How much can you earn?

The sharing economy is a socio-economic system built around the sharing of human and physical assets. This growing segment of the business landscape often uses maturing digital channels to create greater reach, more efficient exchanges, or to improve overall value to participants. Some companies in this space have experienced healthy growth rates as consumers show an increased appetite for products and services that are shared and traded.

Download the PDF

Learn more about the infographic

The sharing economy is generally divided into two groups: crowdsourcing, which harnesses the power of the crowd to obtain services, ideas, or contributions and collaborative consumption, which allows the exchange or use of a product or service without full ownership.

Established companies and new entrants alike are able to take advantage of this emerging demand by knowing "who" their crowd is, "what" their crowd wants, and "how" their crowd can help improve the current state of business. Embracing the sharing economy can increase workforce productivity, corporate acceptance, and customer authenticity, while ignoring it may eventually turn those very same customers into competitors.

The sharing economy

Use the expand or full screen icons above to enlarge

Meet the author

David Shrank

David Shrank

Digital Enterprise Consulting Offering Leader

David is a principal with Deloitte Consulting LLP ...More

Contact us

Contact us via our online form

Submit RFP

Submit via our online form

Find an office

Find a local office

Services

Monitor Deloitte

Our strategy consultants employ cutting-edge approaches embedded with deep industry expertise, working with leaders to drive enterprise value.

Services

Customer and Marketing Strategy

Our Customer and Marketing Strategy professionals work with marketing executives to design and deliver customer and marketing-anchored change and growth.

People

David Shrank

Digital Enterprise Consulting Offering Leader