In business, performance is key. In performance, how you organize can be the key to growth. In the past five years, the business world has seen the birth of a new breed of company - the Exponential Organization - that has revolutionized how a company can accelerate its growth by using technology. An ExO can eliminate the incremental, linear way traditional companies get bigger, leveraging assets like community, big data, algorithms, and new technology into achieving performance benchmarks 10 times better than its peers. Three luminaries of the business world - Salim Ismail, Yuri van Geest, and Mike Malone - have researched this phenomenon and documented 10 characteristics of Exponential Organizations. Here, in Exponential Organizations, they walk the listener through how any company, from a startup to a multinational, can become an ExO, streamline its performance, and grow to the next level.
©2014 Salim Ismail (P)2015 Audible Inc.
"Frost & Sullivan's 2014 Growth, Innovation, and Leadership Book of the Year Exponential Organizations should be required reading for anyone interested in the ways exponential technologies are reinventing best practices in business." (Ray Kurzweil, director of engineering at Google)
"Exponential Organizations is the most pivotal book in its class. Salim examines the future of organizations and offers readers his insights on the concept of Exponential Organizations because he himself embodies the strategy, structure, culture, processes, and systems of this new breed of company." (John Hagel, The Center for the Edge)
The key points from the book are SCALE and IDEAS:
S: staff on demand
C: community & crowd
L: leveraged assets
S: social technologies
The book went through most of the elements superficially by referring to some well known examples, such as Netflix's contest for a better recommendation algorithm. While the grand prize money was substantial ($1,000,000), the winner was able to beat Netflix's algorithm by over 10%. There were over 20,000 teams working on this problem. If Netflix spent the money internally trying to improve its algorithm, it probably would not have gotten such impressive results.
If you follow the news on technology, much of the information in the book is not a revelation.
This book delivers a sweeping collection of extraordinary insights into phenomena underpinning major disruptive influences in the world of business. The diversity and magnitude of these influences will have you reaching for the whiteboard pen in an attempt both to make sense of it all and then to strategise the opportunities you spot. And then putting it down again until you can get your head around the implications of it all. I've just finished my first run through and know that I'm going to read it again right away. My only criticism would be that it would be great to have a one hour version for the second time around :-)
There's a lot of good info, but narrator sounds like a GPS robot after having a stroke. He actually had a pleasant voice, but his he's constantly pausing in awkward, unnecessary places. Distracting to the point that I stopped listening.
As far as content, there are some great examples and salient points, but Bold by Peter Diamandis is a better xo primer.
This is an excellent book. It is a how-to for entrepreneurs wanting to utilize exponential technologies to start or grow businesses that can truly change the world... So, read/listen to the book, come up with a business idea and follow the guidelines laid-out in the book... Then, you just need to "get busy"!
Say something about yourself!
Great book. There's a lot of deep content here, and the authors packaged it well.
My only criticism comes near the very end, where they discuss the future of HR using genomics, chemical sensors, etc. to fit individuals to jobs "objectively". Employees would then monitor their personalities and social credit in order to optimize for job placement.
Two points :
1. the act of building such a system sounds downright dystopian when taken to its end.
2. choosing to create such a world is itself a value judgement on the type of world that SHOULD exist, and as such, is inherently subjective. Abdication of personal responsibility to "market trends" is not an excuse. What is not mentioned here is the need for governments everywhere to sometimes control exponential trends for the good of the markets and employees that make them up.
Criticism aside, this is an excellent book and well worth the read for business leaders and laymen alike.
Lots of useful information for using data driven growth and decisions. Highly recommended for any business touched by digitized products or services.
"Great content, dreadful narration"
Salim Ismail is a genius. The narration, however, is awful. It ruins what should be an incredibly interesting read. It sounds like it's being read by a robot. Not suitable for a UK audience (or anyone with hearing)
Disappointment. I gave up after one chapter. Shame, Ismail deserves better!
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