Salim Ismail has started or operated 7 startups and his last company was sold to Google. Salim ran Yahoo’s in-house incubator and currently serves as the Executive Director at Singularity university. Today we are talking about his outstanding book, Exponential Organizations. Why new organizations are 10 times better, faster and cheaper than yours (and what to do about it)

Listen to our interview as we dig deep into how to create an Exponential organization.

Big Ideas

5 External Attributes to Leverage

  1. Staff on Demand
    • Example: Uber
  2. Community and Crowd
    • Example: Ted Talks
  3. Algorithms
    • Using heavy data analytics to optimize
  4. Leveraging Assets
    • Example: Uber, Airbnb
  5. Engagement
    • Gamification
    • Incentive prizes

5 Internal Mechanisms

  1. Interfaces and Processes
  2. Dashboards
  3. Experimentation
  4. Autonomy and decentralized Structures inside the organization
  5. Social Technologies

2 Key Mindsets

2 key ways of thinking when starting a company that is exponentially better than existing competition:

  1. Make sure your product/service is heavily information enabled
  2. Make sure your marginal cost of supply is close to 0.

Interview Links

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