Course Content
Course Introduction
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00:35
Exponential World
In an exponential world, traditional linear models and approaches are no longer adequate. The exponential increase in computing power and connectivity has resulted in technological advancements transforming every aspect of our lives. Exponential organizations are leading the way by leveraging exponential technologies and business models to drive growth, create impact and continuously adapt and evolve. Understanding the principles and practices of exponential organizations is crucial for success in today's rapidly changing world, whether as an entrepreneur, business leader or simply staying ahead of the curve.
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Learning video: Exponential World
05:53
4Ds introduction
The concepts of Digitize, Disrupt, Demonetize, and Democratize refer to the impact of digital technology on various industries and society as a whole. Digitize involves converting traditional processes into digital ones, Disrupt challenges established industries, Demonetize reduces the role of money in transactions, and Democratize makes goods, services, and information more accessible to a wider population. These concepts are interrelated and have far-reaching implications for the economy, politics, and culture.
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Learning video: 4Ds Introduction
03:33
Digitize & Disrupt
"Digitize and Disrupt" is a term that refers to the transformation of traditional industries through the integration of digital technology, leading to improved efficiency, reduced costs, and enhanced customer experience. It often leads to the disruption of established business models and creates new opportunities for innovation and growth. This transformation is changing the way we live, work, and do business, and will likely continue to do so in the future.
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Learning Video: Digitize & Disrupt
04:36
Demonetize & Democratize
"Demonetize" means removing or reducing the monetary value of something, and "democratize" means making it more accessible to a wider group of people. In the context of technology, "demonetizing and democratizing" refers to efforts to remove economic barriers and make technology and information more accessible and usable to everyone, regardless of their financial resources or technical expertise. The goal is to allow more people to participate in the digital economy and benefit from technological advancements.
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Learning video: Demonetize & Democratize
06:13
Exponential Organizations
Exponential organizations are companies that use technology and innovative business models to achieve rapid growth and scale quickly. They leverage crowd-sourcing, sharing economy, platform-based businesses, and network effects to outperform traditional companies. Exponential organizations have a lean structure, a mission-driven culture, and a focus on positive impact. They challenge traditional business models and are transforming entire industries, changing the way we work, live, and interact with the world around us.
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Learning video: Exponential Organizations
03:22
ExO Attributes
Exponential organizations (ExOs) are characterized by a set of attributes that enable them to achieve rapid growth and scale at an unprecedented pace.
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MTP, SCALE & IDEAS
05:04
01. MTP
07:54
02. Staff On Demand
10:15
03. Community & Crowd
12:57
04. Algorithms
09:12
05. Leveraged Assets
08:25
06. Engagement
14:13
07. Interfaces
09:46
08. Dashboards
10:30
09. Experimentation
11:39
10. Autonomy
10:23
11. Social Technologies
08:48
Nine Implications of ExOs
The concept of exponential organizations is transforming the business landscape with its 11 attributes that enable rapid growth and disruption. These organizations are characterized by the acceleration of information, the drive to demonetization, and the disruption of every industry. To stay competitive, businesses need to hire for imagination and adopt a one-year operating plan that updates in real-time. Smaller companies can beat bigger ones, and renting instead of owning can lead to increased flexibility. Trust beats control, and businesses need to be open to change to thrive in this new world. Finally, everything is measurable, and data analysis can give companies a competitive advantage.
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Learning video: Nine Implications of ExOs
04:56
Transforming into an ExO
The author discusses the challenge of adapting the Exponential Organization (ExO) model to legacy organizations, which can be addressed through updating leadership to understand that the world has fundamentally transformed. Education is a critical component in this process. Legacy organizations can also partner, invest or acquire ExOs to learn from their disruptive practices and apply some of the characteristics internally. The final suggestion is to form small teams, as Apple does, to disrupt other industries. Evidence shows that organizations that can adapt and be flexible outperform those that do not. The author emphasizes the importance of embracing change to remain competitive and thrive in the new world.
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Learning video: Transforming into an ExO
05:03
Defining your MTP
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Practical video: Defining your MTP
11:24
Assessment
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Complete your assessment
02:21
ExO Foundations Learning
About Lesson

Community and crowdsourcing are powerful tools that organizations and platforms can use to achieve their mission or vision. Wikipedia, Be My Eyes, Lego Ideas, Quora, and many open-source projects are just some examples of entities that rely on volunteers and users to create and improve their products or services. These communities and crowdsourcing efforts allow for a fast response time and often result in a high-quality end product, as they harness the power of a diverse and passionate group of individuals.

To build a successful community, it is important to have a clear and compelling mission or purpose that attracts early members. Nurturing the community is also essential, which can involve active listening and giving back. Leaders in the community play a key role in guiding and managing the group, but it is also important to allow for bottom-up initiative and freedom. Building a strong and engaged community takes time and effort, but can pay off in the long run, as seen in examples like Burning Man or Tesla.

In conclusion, community and crowdsourcing are becoming increasingly important for organizations and platforms, as they allow for a diverse and passionate group of individuals to come together to create something greater than the sum of its parts. By attracting early members through a compelling mission, nurturing the community, and allowing for both top-down direction and bottom-up initiative, organizations can build powerful communities that can help achieve their vision.

Exercise Files
Community and Crowd.pdf
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