By Simon Bond

The chart below throws an interesting spotlight on where business and companies are heading, and where we should be focusing our investments in order to participate in future global economic growth. By way of example, the global healthcare industry is beginning to shift from a symptom based, relative model to a predictive medicine, value based structure.

What stands out about the businesses in the chart is the fact that they are asset light. YouTube is the leading global video property, ranked by share of total videos viewed. It is the most popular online video platform in the US by number of total streams and the best part for YouTube is that the majority of content is user generated, that is, the user does all the work.

I stand by my prediction that in order to maintain their dividends Australian banks will need to continually and aggressively cut costs, technology will be a tail wind and you may see a reduction in branch floor space of up to 50% over the next decade as new formats are rolled forward and old formats are rolled back.

With services like Uber, Airbnb and countless local bike and car sharing schemes taking off, sharing is quickly gaining acceptance as an alternative way of thinking about property. Whether the motives are monetary, ecological or even altruistic, sharing has certainly created a bit of hype recently.

The chart below, based on Nielsen data, shows how accepting people in different parts of the world are of sharing communities. Interestingly, consumers in emerging regions seem to be more open to sharing than those in Europe and North America. However, the overall acceptance of sharing schemes is pretty high.

Lets look at some other future facing businesses and consider their position.

WeWork, the future of work - they own no buildings, land or offices.
Facebook, Uber, Airbnb, Twitter, LinkedIn, YouTube, Google, the list goes on, and on and on.

The winds of change are not just blowing a light breeze, they are blowing gales of destruction.

So be prepared.