What companies today can learn from Exponential Organisations

Digital disruption is well underway, and the age of Information Technology is rapidly transforming every aspect of the business world. The shift in industries is unprecedented in size and impact, and the trend is to grow. Companies that cannot evolve to keep up with this transformation will become irrelevant or disappear. Entrepreneurs and strategists call these new companies Exponential Organizations, which are at least 10x larger than their peers because of the use of new organizational techniques that leverage accelerating technologies. ExOs achieve exponential growth by reflecting both internal and external attributes, which are activated through Interfaces, Dashboards, Experimentation, Autonomy, and Social technologies (IDEAS), and via Staff on Demand, a Community and Crowd, Algorithms, Leverage of Assets, and Engagement (SCALE). Agility, adaptability, and flexibility are key, and the long-term plan of the traditional linear approach is being questioned. ExOs are the answer, and companies must adopt their attributes.