Exponential Organizations 2.0, by Peter Diamandis & Salim Ismail, is a new book - and a new book format - that offers valuable insights into how companies can achieve exponential growth and impact by leveraging the latest technologies. You can now talk directly with the book that generated $1B for Procter & Gamble using OpenExO's chatbot, AI-X.
You can register for free for the Exponential Organizations 2.0 Launch Event on June 8th, 2023 at 8 am PST, which will give you access to this new book as well as the ability to watch a 3-hour webinar discussing specifics of these topics with the book's authors.
In today's episode, Peter and Salim discuss the billion-dollar businesses of the next decade, focusing on the 11 attributes of ExOs laid out in the book. Not all ExOs exhibit all 11 attributes, but they all incorporate many of them.
The first 10 attributes of an Exponential Organization can be divided into “outward facing” and “internally facing” traits. The first five, encapsulated by the acronym SCALE, are outward-facing attributes, and the second five, encapsulated by the acronym IDEAS, are internally-facing attributes.
SCALE attributes:
IDEAS attributes:
For example, a company like Uber uses a gig economy platform to hire external workers on a per-project basis (Staff on Demand) and leverages social media to engage with and learn from a community of like-minded individuals (Community and Crowd), exhibiting SCALE attributes.
Meanwhile, a company that encourages experimentation in all departments of the organization and allows individual employees or teams to operate independently and effectively (Autonomy), exhibits an IDEAS attribute.
In addition to these, the eleventh attribute is a culture of experimentation. This attribute refers to the importance of constantly testing new ideas and approaches in order to stay ahead of the competition and discover new opportunities for growth. For example, Google’s “20% time” policy allows employees to spend 20% of their time working on their own projects, which led to the creation of innovative products like Gmail and Google Maps.
This book is a must-read for anyone looking to future-proof their organization and this interview will convince you why.
After you listen, remember to register for free for the Exponential Organizations 2.0 Launch Event being held June 8th, 2023 at 8 am PST!
------------
What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!
What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!
Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!
------------
Visit Notepd.com to read our idea lists & sign up to create your own!
My new book Skip the Line is out! Make sure you get a copy wherever books are sold!
Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.
I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.
------------
Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts:
Apple Podcasts
Stitcher
iHeart Radio
Spotify
Follow me on Social Media:
YouTube
642 - How should we take advantage of the future of e-commerce with Marc Lore!
641 - Are we fascists, socialists or...other?
Side Hustle Friday - Podcast Advertising Agency with Dan Granger
640 - Dear Therapist with Lori Gottlieb & Guy Winch
639 - How to deal with your problem with Stoicism with Ryan Holiday
638 - The Fine Art of Baloney Detection
Side Hustle Friday: Online Marketing Done Right with Anik Singal from Lurn.com
637 - Who is going to win the election and what should you do? With Phillip Stutts
636 - Conscious Leadership with John Mackey, CEO of Whole Foods Market
635 - What is the State of US Economy with Jim McKelvey
Side Hustle Friday: Make millions with For-Pay Community with John Lee Dumas and Kate Erickson
634 - State of the Planet 2020 with Ian Bremmer
633 - How I Built This with Guy Raz
632 - All the Mistakes I've Made as an Entrepreneur
Side Hustle Friday - Social Media Monetization with Daniel Snow
631 - Consciousness vs Morality with Sam Harris
630 - Blowing up in social media with Ryan Long
629 - Open Letter to Why I Wrote the Article
628 - Brooklyn President (and candidate for mayor) Eric Adams is BACK, and has some thoughts how to deal with the crisis.
627 - President Dr. Jo Jorgenson in 2020? - Dr. Jo Jorgensen
Create your
podcast in
minutes
It is Free