finance inspiration day - yuri van geest
TRANSCRIPT
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 [email protected] www.exponentialorgs.com