Many companies today are grappling with a few things: an economic downturn, potential layoffs and restructuring, and trying to keep up with the latest tech trends… all while still maintaining a growth trajectory.
In this episode, you’ll learn which companies are uniquely designed to weather this storm and what attributes these exponential organizations have. We’re joined by the co-authors of Exponential Organzations, Peter Diamandis and Salim Ismail, both also well-known for their involvement in XPrize and Singularity University, among many other companies.
Show Notes
00:00 – Introduction
03:11 – What is an ‘Exponential Organization’?
04:46 – What has changed in business since 2014
07:06 – Building companies with minimal cost supply ***
11:49 – Can incumbents become exponential organizations?
16:27 – Massive Transformative Purpose (MTPs)
19:04 – How can you tell if you have a good MTP
22:34 – Unilever’s MTP
23:27 – Staff on demand
29:35 – Building interfaces and dashboards
30:36 – The importance of experimenting
34:19 – The economic downturn and restructuring
38:00 – Peer-to-peer collaborative technologies
42:30 – Digitizing your business
43:53 – Kodak example
45:37 – Automation and the humans role
52:06 – How have you seen companies integrate AI?
56:56 – Emerging roles due to exponential trends
59:56 – The framework and diagnostic survey
01:00:02 – Creating APIs you can build on
01:05:00 – Opportunities in the market
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Peter Diamandis
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Salim Ismail
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Steph Smith is the host of the a16z podcast, focused on highlighting the most important trends within technology.
More About This Podcast
The a16z Podcast discusses the most important ideas within technology with the people building it. Each episode aims to put listeners ahead of the curve, covering topics like AI, energy, genomics, space, and more.