finance inspiration day - yuri van geest

Yuri van Geest- Co-Author Exponential Organizations- Dutch Ambassador of SU - Managing Director of the Singularity University Summit Europe- Co-Founder Quantified Self Europe- Co-Founder Lean Startup Machine NL

AcceleratingTechnologies

AlRoboticsBiotechNanotechMedicineNeuroscienceEnergyComputing

4

EXPONENTIAL GROWTH &THE LAW OF ACCELERATING RETURNS

Credit: Ray Kurzweil and KurzweilAI.net

// zero friction to move/copy// zero marginal cost// apply computation// data correlations// machine learning// modeling// simulations

// 100% democratization of effort/innovation

Why information » exponential

Exponential Technologies

Declining Costs

IncreasingCapabilities

“The average half life of a business competency has dropped from 30 years in

1984 to 5 years today.”

“89% of the Fortune 500 companies from 1955 are

not on the list today.”

“The average lifespan of an S&P 500 company has

decreased from: 67 years (1920’s) to

15 years (today).”

“In the next 10 years 40% of all S&P 500

companies will disappear from this list”

Market Cap to a Billion

Why are there ExOs?

Linear > Exponential

Scarcity > Abundance

Time to scale the organization

Source: McKinsey 7S model

What are ExOs?

An Exponential Organization (ExO) 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 exponential technologies.

Definition

Software is eating the world, in all sectors

In the future every company will become a software company

Mark Andreessenfounder of Netscape, renowned Venture Capitalist Andreessen-Horowitz

Attributes

Examples of ExOs

ExO Score ExO Score1 GitHub 76 11 Shapeways 722 Airbnb 74 12 Kiva.org 723 Uber 73 13 Etsy 724 Indiegogo 73 14 Cloudera 715 Google 73 15 Waze 716 Quirky 72 16 Kickstarter 717 Kaggle 72 17 BlaBlaCar 718 Pinterest 72 18 Medium 719 Reddit 72 19 Valve 7010 Tumblr 72 20 Wikimedia 70

Best ExOs

See the complete Top 100 at:http://top100.exponentialorgs.com

Performance Improvement

Quirky: 29 days Traditional: 300 days10x faster product development

Performance Improvement

Local Motors Traditional Car Manufacturers

1000x cheaper & 5-22x faster production

MTP

Staff on Demand Interfaces

Community & Crowd Dashboards

Algorithms Experimentation

Leveraged Assets Autonomy

Engagement Social

Haier - Chinese appliance maker with 80,000 employees organized in 2005 in 2,000 self-managed units with decision-making authority (Autonomy). Market cap grew from $20B to $60B today in the last 3 years.

Corporate Example

Yuri van GeestCo-Author Exponential Organizations+31 6 113 19 290 @vangeest Yuri.vangeest@singularityu.org www.exponentialorgs.com