What are Exponential companies?

What are Exponential companies?

An exponential organisation is a company that grows at an above-average rate — up to ten times faster than comparable companies in the industry — but can make do with considerably fewer resources thanks to new forms of organization and the use of new, especially digital, technologies.

What is ExO framework?

The five ExO attributes to harness abundance are Staff on Demand, Community & Crowd, Algorithms, Leveraged Assets, and Engagement. The five ExO attributes to manage this abundance are Interfaces, Dashboards, Experimentation, Autonomy, and Social Technologies. Here is more info on the ExO Attributes.

How would you change your Organisation into an exponential Organisation?

Here are four steps to helping a business transform into an exponential organization.

1. Bring the Concept to the Client. As a coach, it’s your job to listen to what your client wants to achieve to help that dream become a reality.
2. Look at the Business Structure.
3. Guide Clients Toward an Action Plan.
4. Keep Them Accountable.

What is an exponential association?

“An Exponential Organization is one whose impact or output is disproportionately large — at least 10 times larger — compared to its peers because of new organizational techniques that leverage accelerating technologies.

Is Apple an exponential organization?

Remarkably, Apple has maintained its functional structure despite experiencing exponential growth over the last 20 years. The article highlights some of the organizational and leadership challenges that have come with this growth, including communication within and across larger, increasingly specialized functions.

What are characteristics of an ExO?

The set of common organizational attributes, which allow businesses to become Exponential Organizations, are called the ExO Attributes and there are eleven of them: Massive Transformative Purpose, Staff on Demand, Community, Algorithms, Leveraged Assets, Engagement, Interfaces, Dashboards, Experiments, Autonomy and …

What is exponential management?

In the exponential mindset, managers replace control of people with control of principles. The use of doctrine to guide decision-making generates alignment, consistency and empowerment. But most leaders are accustomed to making decisions rather than empowering decisions.

What is ExO in business?

Exponential Organizations (ExOs) are a new breed of organizations disrupting entire industries by scaling as fast as exponential technologies do. In addition, the ExO model is the framework that finally allows both entrepreneurs and corporations to speak the same language and disrupt industries together.

What is MTP in ExO?

MTP: Massive Transformative Purpose You can think of it as a highly aspirational tagline. The concept is simple — it’s a short, emotional, simple statement that tells the world why your organization exists.

What is a massive transformative purpose?

Understanding Massive Transformative Purpose (MTP) In the simplest sense, an MTP is a “highly aspirational tagline” for an individual or group, like a company, organization, community, or social movement. It’s a huge and audacious purpose statement.

What is ExO leadership model?

ExO Leadership is a new paradigm of leadership which is essential for humanity to steer towards a positive version of the future which fully benefits from the available opportunities while avoiding dangers, challenges and overcoming limitations of our past.

What is the purpose of an ExO?

An ExO Sprint is a repeatable innovation process to move the needle on big-picture results such as share price, revenue, & customer satisfaction.

What is exponential organizations?

His bestselling book, Exponential Organizations, is redefining how organizations operate and scale world-changing ideas.

Is compassionate leadership of exponential organizations relevant for public sector?

Compassionate leadership of exponential organizations is relevant not just for the private sector, but the public sector too. There is an urgent need to reinvent the public sector to become exponential organizations and demonstrate more compassionate leadership.

Do you envy Exponential Organizations?

Examples such as Blockbuster’s journey from greatness to decay have made it clear that exponential organizations have impressive disruptive powers. Instead of just envying these organizations, seize the opportunity to learn from them to be better prepared for the competition you will face.

How to avoid a dystopian exponential organization Future?

As a range of new exponential organizations emerge in healthcare, transportation, connectivity, food production, water provision, housing, a different form of leadership will be required to avoid a dystopian exponential organization future.