Intro to Exponential Attributes - Innov8rs · Top 10: + 26.7% Bottom: 10 -1.7% 6 Ranking of Fortune...

transcript

Intro to Exponential Attributes

Innov8rs Los AngelesJune 21, 2018

// CurrentChief Growth Officer / Crypto Lead

// EntrepreneurSlideRocketFormer Software Developer

// Mentor, Head of Accelerator ProgramsVenture HiveRokk3r 10xU

Mike Lingle, ExO Worksmike@exo.works

Employee autonomy

7x more customers per employee

Crowd engagement

Global media company in 5 years

Experimentation

The Institutional Yes!

Sample Exponential Organizations

ExOs leverage new technologiesand abundance to see 10x the output of their peers.

$30B valuation

Largest hotelier, ZERO real estate assets

Fortune 100 Company ExQ

Google 72.9

Amazon 66.2

Apple 62.6

IBM 61.0

Verizon Communications 58.8

General Electric 56.6

Microsoft 55.9

Cisco Systems, Inc. 55.8

The Walt Disney Company 54.8

Fortune 100 Company ExQ

Costco Wholesale 32.0

Philip Morris International Inc. 31.6

Hess Corporation 31.3

HCA Holdings, Inc. 31.0

Phillips 66 30.7

Tesoro Corporation 30.0

Valero Energy 29.8

Plains GP Holdings, L.P. 27.5

Energy Transfer Equity, L.P. 26.5

IMPACT: GLOBAL

Average S&P +9.9%

Top 10: + 26.7% Bottom: 10 -1.7% 6

Ranking of Fortune 100 by Exponential Score

Valuation

Growth

• The higher, aspirational purpose of the organization.

• Guiding principle when key decisions need to be made.

• Make sure the impact of the organization will be global.

• Guides people from the inside and from the outside.

• Has a positive impact in the world.

Massive Transformative Purpose

“Ideas worth spreading”

“Open Happiness”

“Organize the world’s information”

“The global transformation of business”

• A mission statement

• Tech-specific or narrowly focused

• Representative of what is possible today

• Motivated solely by profits

• Just a big goal

Massive Transformative Purpose Is NOT

Interfaces

• Filtering abundance into

manageable chunks of input for

different internal departments

• Bridge between external growth

drivers and stabilizing internal

drivers

• Allows for scalability

• Avoids human mistakes

Select, filter and manage the

outputs of all external attributes

of ExOs (SCALE) as inputs into

the internal organization in an

effective, targeted and seamless

manner.

Interfaces SCALE

Dashboards

• Real-time, adaptable dashboards with

essential company and employee metrics

• Short feedback loops in order to measure

and manage performance

• Accessible, transparent to everyone in the

organization.

▪ OKRs create control framework to manage

fast growth

Dashboards

• Largest independent provider of

data to advertisers about YouTube.

• Ingests > 5 billion statistics about

more than 400 million videos daily.

• Wide range of real-time dashboards

to inform its engineering, data

science and business teams.

• Used extensively by the business

teams to spot trends in new content

being uploaded to YouTube.

Experiments

“No business plan survives its first contact with customers”—Steve Blank

Hypothesis

Hypothesis Hypothesis

Hypothesis

Hypothesis Hypothesis

Hypothesis

Experiments

Autonomy

ExOs have a flat organization,

allowing self-organizing,

multidisciplinary teams and / or

individual employees to operate

with decentralized authority.

Agile Methodologies

Autonomy

Holacracy

Traditional hierarchy pushes us

to focus on rank, professional

development, and procedure.

Holacracy allows function-based

organization, with a focus on the

task at hand. Namely, your product.

Autonomy

Social

ExOs leverage collaborative

tools to manage real time,

zero latency conversations.

When implemented these

tools create transparency and

connectedness and lower an

organization’s information

latency.

“Most of the bright

people don’t work

for you, no matter

who you are”

Bill Joy

Staff on Demand

• Paid $10,000 for Kaggle competition

• 271% improvement in 2 weeks

• 50% of IT staff consultants

• Not just helpful, mandatory

• Need to know where products are in Walmart

• Uses Gigwalk app.

Staff on DemandSCALE

Community & Crowd

“If you build communities and you do

things in public, you don’t have to find

the right people, they find you.”

Chris Anderson

Everyone Else

Staff on Demand

Vendors / Partners /

Alumni

Users / Customers

/Almni

● Ideation

● Validation

● Support

Community

● Production

● Delivery

● Operations

Community

Community & Crowd

Algorithms

Algorithms – including Machine

Learning and Deep Learning –

provide insights on customers and

products.

Self-learning software recognizes

patterns in text, images, videos,

languages etc.

Leveraged Assets

ExOs access, rent or share assets to

stay nimble outsourcing even mission

critical assets.

Leveraged assets are comprised of

Cloud computing, Hackerspaces, and

assets from customers as input for

business.

Engagement

• Increases loyalty

• Amplifies ideation

• Converts crowd to community

• Leverages marketing

• Enables play and learning

Digital reputation systems, games,

and incentive prizes, provide the

opportunity for virtuous, positive

feedback loops, which in turn

allows for faster growth.

IDEAS E

EngagementSCALE

Innovation

It’s a new DISRUPTIVE and SCALABLE business model

It adapts & improves the CURRENT business model

Initiative

Is it a new

Business Model?

How Can We Differentiate Core / Edge

Initiatives?

Current

Organization

● New Business

● No legacy

constraints

Disruptive Innovation

● Same Business

● Leveraging existing

assets

Incremental Innovation

Current

Organization

Exponential Organization

DIGITAL

● FULLY AUTOMATED

● FULLY PERSONAL

● API FOR AIRBNB

Current

Organization

Thank you Mike Linglemike@exo.works

Intro to Exponential Attributes - Innov8rs · Top 10: + 26.7% Bottom: 10 -1.7% 6 Ranking of Fortune...

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