The business environment is shifting
due to exponential technologies, globalization
and the urge for people to have meaning.
Shift to become an EXO or become obsolete.
Definition Exponential Organizations (EXOs)
Is an organization whose imput (output) is disproportional larger
at least 10x larger
compared to its peers because of the use of new organizational techniques that leverage exponential technologies.
Source: Book Exponential Organizations
Time to Shift into the New Era of the 4th Industrial Revolution – Digital Evolution
Most of today’s organizations are still built on the industrial age structure. This linear, hierarchical, top down approach fitted well for mass production, repetitive output of factories. Where scale was due to adding resources in a linear manner. However, in our new World, growth has become exponential due to the use of technology. Allowing new, very quickly emerging company forms to take shape and domineer almost over night the market: using very little in terms of resources used by the traditional organizations.
It leaves “traditional”organizations in the dust. And if they are not careful, very soon obsolete.
Some key facts about this new Era
- The average lifespan of an S&P 500 company has decreased from: 67 years (1920s) to 15 years (today)
- The average half life of a business competency has dropped from 30 years in 1984 to 5 years in 2014
- 89% of the Fortune 500 companies from 1955 are not on the list in 2014
- In the next 10 years 40% of all S&P 500 companies will disappear from this list
Ready to shift and jump onto the wagon to be sustainable in the future?
We offer together with Yuri van Geest, co-author of the top selling business book Exponential Organizations, Managing Director of the Singularity University Europe, workshops, training and company alignment towards an EXO attribute driven organizations. Using Yuri Van Geest’s framework, developed by his company EXOxo.
For further information just contact us and let us start a dialog.