About this episode
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 Diamandids and Salim Ismail, both also well-known for their involvement in XPrize and Singularity University, among many other companies. Topics Covered: 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 Resources: Attend the Exponential Organization workshop on June 6: https://www.diamandis.com/exo Learn more about Peter: https://www.diamandis.com/about Learn more about Salim: https://salimismail.com/ Stay Updated: Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://twitter.com/stephsmithio Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Stay Updated: Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.