Diary of a Financier

Bookshelf update: Exponential Organizations

In Bookshelf, Tech on Tue 1 Dec 2015 at 06:04

Two takeaways from Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (and What to Do about It), by Salim Ismail, Michael Malone, and Yuri van Geest, as embodied by the following excerpts…

~~~~

1. Massive Transformative Purpose (MTP):
Startups need a short, but broad, mission statement that acts as a guiding light or North Star.

2. SCALE & IDEA attributes:
These are the characteristics shared by most XOs…

“The major characteristics of Exponential Organizations… Becoming an XO doesn’t require implementing all 11… a great MTP and usually 4 other attributes are usually sufficient…”

IDEAS (Left brain = order/control/stability)…

i. InterfacesMTP_SCALE & IDEAS

ii. Dashboards

iii. Experimentation

iv. Autonomy

v. Social

SCALE (Right brain = creativity/growth/uncertainty)…

vi. Staff on demand

vii. Community & crowd

viii. Algorithms

ix. Leveraged assets

x. Engagement

–Romeo

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