6A - Identifying Opportunities in Economic & Regulatory Trends
For the opportunities related to economic trends, I found this article:
http://blog.indeed.com/2016/06/22/global-economy-employment-trends/
The first trend that caught my eye was "Not enough young people are learning the tech skills needed on the job." This suggests that there is an opportunity because if young people are not learning tech skills, it must be difficult to learn these skills, so I believe something could be created that makes learning tech skills easy. A prototypical customer would be a young or college-aged person. I believe that this is easy to exploit with the right skills.
I think that I saw this opportunity because I personally wish that I knew more tech skills, but I'm not sure how or where to go about learning them that would be easy. Tech skills are important to learn for so many different industries so this would help a lot of people at their jobs.
The second economic trend that I believe has an opportunity was "Growing interest in flexibility is a global trend," as well as the fact that people seeking "gig jobs" are increasing. This suggests that there is an opportunity because people want jobs that they can do on their own terms. There should be platforms for people wanting gig jobs that they can do from the comfort of their own homes, or when they travel to different countries. I think the prototypical customer for this could be any working-age person, but likely someone younger and tech-savvy. The opportunity is relatively easy to take advantage of because technology can be used to connect people with jobs at a high rate.
For the opportunities related to regulatory changes, I found this article:
https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
The first change was paid sick leave and minimum wage policies at local and state levels. I believe there is an opportunity here because as these policies change someone needs to help facilitate these changes and help people who may need help adjusting to these changes. The prototypical customer would be low income workers and businesses who are affected by these changes. This opportunity would be relatively hard due to the scale at which these changes affect people.
The second regulatory change was tariffs and trade policies. I think there is an opportunity here because the change in policies of tariffs and trades allows for room for people to take advantage of this. The prototypical customer would be businesses and individuals who weren't able to access certain goods around the world, but now are due to these changes. I think that this opportunity would be hard to exploit because you need to have contacts all around the world in order to make this a global business.
http://blog.indeed.com/2016/06/22/global-economy-employment-trends/
The first trend that caught my eye was "Not enough young people are learning the tech skills needed on the job." This suggests that there is an opportunity because if young people are not learning tech skills, it must be difficult to learn these skills, so I believe something could be created that makes learning tech skills easy. A prototypical customer would be a young or college-aged person. I believe that this is easy to exploit with the right skills.
I think that I saw this opportunity because I personally wish that I knew more tech skills, but I'm not sure how or where to go about learning them that would be easy. Tech skills are important to learn for so many different industries so this would help a lot of people at their jobs.
The second economic trend that I believe has an opportunity was "Growing interest in flexibility is a global trend," as well as the fact that people seeking "gig jobs" are increasing. This suggests that there is an opportunity because people want jobs that they can do on their own terms. There should be platforms for people wanting gig jobs that they can do from the comfort of their own homes, or when they travel to different countries. I think the prototypical customer for this could be any working-age person, but likely someone younger and tech-savvy. The opportunity is relatively easy to take advantage of because technology can be used to connect people with jobs at a high rate.
For the opportunities related to regulatory changes, I found this article:
https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
The first change was paid sick leave and minimum wage policies at local and state levels. I believe there is an opportunity here because as these policies change someone needs to help facilitate these changes and help people who may need help adjusting to these changes. The prototypical customer would be low income workers and businesses who are affected by these changes. This opportunity would be relatively hard due to the scale at which these changes affect people.
The second regulatory change was tariffs and trade policies. I think there is an opportunity here because the change in policies of tariffs and trades allows for room for people to take advantage of this. The prototypical customer would be businesses and individuals who weren't able to access certain goods around the world, but now are due to these changes. I think that this opportunity would be hard to exploit because you need to have contacts all around the world in order to make this a global business.
Hi Jesse,
ReplyDeleteI find it surprising that the younger generation is not learning enough technical skills. Our generation is so consumed with technology that we should be the first ones companies want to hire. I took the time to read the article you had linked and they failed to mention what specific skills they were looking for. Although the younger generation may not be up to par on these necessary skills, they are still more receptive of the information than a baby boomer, so the need for them should still be greater.
Great post,
Katlin B.
Hey Jesse, nice post. There are a lot of regulatory and economic opportunities out there to take advantage of. I think it is interesting that there is a growing trend in "gig jobs". I saw a black mirror episode including a service such as this, that let people find quick jobs while travelling. The guy ended up dying, but I think it would be a cool way for people to make quick cash, as long as I don't die.
ReplyDeleteOne thing about the post that I found shocking is this generation of people with low tech skills. I would have expected this generation to have a lot of tech abilities because we use technology for everything. It makes me think about how technology is making us less inclined to think because a lot of answers are at our fingertips. For the regulatory changes, the trading would be a good opportunity to open up new networks for people. I feel that it would be hard for people to get into trading because a lot of people don't know the business behind trading on a large scale.
ReplyDeleteOverall I believe you did a good job with this assignment. One thing I found particularly interesting was the economic trend you identified about the increase in interest for job flexibility. I would not have thought that the trend still had growing interest. My only feedback on this post would be to try using bullet points as opposed to paragraphs to answer the assignment’s questions. It would make the post more organized.
ReplyDelete