Exponential Organizations

Why new organizations are ten times better, faster, and cheaper than yours (and what to do about it)

This week’s book review is Exponential Organizations by Salim Ismail, Michael S. Malone and  Yuri van Geest.

According to the authors, “An Exponential Organization is one whose impact (or output) is disproportionally large—at least 10x larger—compared to its peers because of the use of new organizational techniques that leverage accelerating technologies.” An exponential organization can be characterized by an MTP – Massive Transformational Purpose (a strong Vision) and at least 4 of the following 10 attributes that are leveraged to achieve the exponential growth:

  • SCALE – External attributes
      • Staff on Demand
      • Community and Crowd
      • Algorithms
      • Leveraged Assets
      • Engagement
  • IDEAS – Internal attributes
      • Interfaces
      • Dashboards
      • Experimentation
      • Autonomy
      • Social

My takeaway from this book is that all businesses operating today need to implement an MTP and as many aspects of the 10 attributes as possible if they want to remain relevant going forward.

 

Note that I have previously reviewed the following books in 2017:

  1. Les McKeown’s Predictable Success.

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