Risk & Business Magazine Cal LeGrow Spring 2016 | Page 16

Exponential Organizations How Technology WILL Change Your Business BY: SALIM ISMAIL, AUTHOR OF THE EXPONENTIAL ORGANIZATIONS “In business, performance is key. In performance, how you organize can be the key to growth.” S alim Ismail, author of the book The Exponential Organization and one of the founders of Singularity University, is one of the biggest proponents of the concept of an exponential organization (ExO). He is, in fact, one of the originators of the term. He defines an ExO as an organization that performs a minimum of ten times better than their competitors in the same space by leveraging the power of information and improvements in technology. In following with that, these companies have been able to use relatively few resources to cause major changes in many industr