Exponential growth is by product of digitization and this fundamental change means the world of tomorrow is very different to the world of today. How can educators teach in this constant change and what are the things they should teach that will prevail?

1. An#
Mäki
60°
Digital
Ltd.
Exponential growth!
– the by product of
digitalization !
- what is it? !
- How will it change the world?!
- Why is it crucial to understand it?!
- How to understand and lead it?!
- How can I make the most of it?!

2. An#
Mäki
60°
Digital
Ltd.
Rules!
!
Ask!
Challenge!
Interrupt!
Question (at the end J )!

3. An#
Mäki
60°
Digital
Ltd.
h#ps://www.linkedin.com/in/an4m/
h#p://www.marmai.fi/blogit/tea_;me/
h#p://www.eventmore.io
60
Degrees
Digital
Ltd.

4. An#
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60°
Digital
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4

5. An#
Mäki
60°
Digital
Ltd.
Under 50mins (49mins to be exact)!
When should you start making
your way to the exit?!

6. An#
Mäki
60°
Digital
Ltd.
6

7. An#
Mäki
60°
Digital
Ltd.
7

8. An#
Mäki
60°
Digital
Ltd.

9. An#
Mäki
60°
Digital
Ltd.
Exponential disruption!

10. An#
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60°
Digital
Ltd.
10
Historically the only things that
affected us were what was in a day’s walk!

11. An#
Mäki
60°
Digital
Ltd.
in our global world changes
are instant and global!

12. An#
Mäki
60°
Digital
Ltd.
What does this have to
do with education?!
Antti Mäki 2018

13. An#
Mäki
60°
Digital
Ltd.
Why is this important
to understand?!

14. An#
Mäki
60°
Digital
Ltd.
Our world has become
exponential !
– yet we think linearly!

15. An#
Mäki
60°
Digital
Ltd.
An#’s
predic:ons
Linear thinking is in our DNA, it’s
predictable and easy to understand!

16. An#
Mäki
60°
Digital
Ltd.
Things happen at local level and
according to established conventions!

17. An#
Mäki
60°
Digital
Ltd.
We think it is also less risky and fall
into false sense of control!

18. An#
Mäki
60°
Digital
Ltd.
Exponential world has fundamentally
changed how our world works…!

19. An#
Mäki
60°
Digital
Ltd.
Changes used to be incremental and
happen over time at steady pace!

20. An#
Mäki
60°
Digital
Ltd.
20

21. An#
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60°
Digital
Ltd.
21
Incremental gains is risky
and draining strategy!

22. An#
Mäki
60°
Digital
Ltd.
72%
of
Pepsi
drinkers
also
drink
Coca-­‐Cola

23. An#
Mäki
60°
Digital
Ltd.
As humans we are biased to
think linearly!
As entrepreneurs we need
to think exponentially!
Peter
Diamandis

24. An#
Mäki
60°
Digital
Ltd.
a
=
b
c

25. An#
Mäki
60°
Digital
Ltd.

26. An#
Mäki
60°
Digital
Ltd.
26

27. An#
Mäki
60°
Digital
Ltd.
Anything that becomes digitized will enter the
same exponential growth we see in computing !

28. An#
Mäki
60°
Digital
Ltd.
Exponential framework!
- Peter Diamandis, Singular university!

29. An#
Mäki
60°
Digital
Ltd.

30. An#
Mäki
60°
Digital
Ltd.
what do these companies have in common?!
- Yes, they don’t own product/services they sell but what else?!

31. An#
Mäki
60°
Digital
Ltd.
31
Initial growth period is deceptive because exponential
trends don’t seem to grow very fast at first!

32. An#
Mäki
60°
Digital
Ltd.
Would you rather have a check for 1 million or
have a penny doubled ever day?!

33. An#
Mäki
60°
Digital
Ltd.

34. An#
Mäki
60°
Digital
Ltd.
34
25.9.2017

35. An#
Mäki
60°
Digital
Ltd.

36. An#
Mäki
60°
Digital
Ltd.
$
76,67
(1977)

37. An#
Mäki
60°
Digital
Ltd.
$
10,00
(1987)

38. An#
Mäki
60°
Digital
Ltd.
$
0,61
(2015)

39. An#
Mäki
60°
Digital
Ltd.
$
0,03
(2016)

40. An#
Mäki
60°
Digital
Ltd.
$
0,00
(2040)

41. An#
Mäki
60°
Digital
Ltd.

42. An#
Mäki
60°
Digital
Ltd.
Understanding adoption and tech development
cycles are key in creating new businesses!

43. An#
Mäki
60°
Digital
Ltd.
disruptive!

44. An#
Mäki
60°
Digital
Ltd.
44

45. An#
Mäki
60°
Digital
Ltd.
45
h#p://www.livemint.com/Companies/hHA0S68Kiu6y8j7KLI6R4J/Fujifilm-­‐finds-­‐a-­‐second-­‐life-­‐pivo;ng-­‐from-­‐photos-­‐to-­‐stem-­‐c.html

46. An#
Mäki
60°
Digital
Ltd.
46

47. An#
Mäki
60°
Digital
Ltd.
Fujifilm
2015
reported
record
profit
of
119
billion
yen
($950
million)
and
analysts
expect
a
jump
of
more
than
5%
by
next
spring.
Last
month
it
announced
a
100
billion
yen
share
buyback—its
largest
ever
with
plans
to
spend
more
than
400
billion
yen
on
acquisi;ons
by
2017
add
new
product
lines
and
make
a
more
aggressive
push
into
health
care.
Among
the
new
ideas
he
is
tes;ng:
a
filter
for
natural
gas
purifica:on
and
stem
cells
capable
of
regenera:ng
:ssue
in
the
human
body.
h#p://www.livemint.com/Companies/hHA0S68Kiu6y8j7KLI6R4J/Fujifilm-­‐finds-­‐a-­‐second-­‐life-­‐pivo;ng-­‐from-­‐photos-­‐to-­‐stem-­‐c.html

48. An#
Mäki
60°
Digital
Ltd.
48
dematerialization!

49. An#
Mäki
60°
Digital
Ltd.
Things big and small will continue to
dematerialize at increasing pace!

50. An#
Mäki
60°
Digital
Ltd.
demonetization!

51. An#
Mäki
60°
Digital
Ltd.
51
What if the most expensive part of
your cost base was free and
available for everyone?!

52. An#
Mäki
60°
Digital
Ltd.
52
News
Classified
ads
Books,
music,
movies
and
games
(Long
distance)
phone
calls
GPS
Cloud
storage
File
transfer
There are plethora of services we
used to pay for that are now ‘free’ !
- They are still good business!

53. An#
Mäki
60°
Digital
Ltd.
democratization!

54. An#
Mäki
60°
Digital
Ltd.
54
Zhang
Da
Yi
@张大奕eve
–
Weibo
fans
5.1M
Wu
Da
Wei
@吳大偉DvWooooo
–
Weibo
fans
6.7M
Source:
h#p://www.parklu.com/kol-­‐bloggers-­‐china-­‐marke;ng/
Since media is digital, anyone can become
a media and use it to their benefit!

55. An#
Mäki
60°
Digital
Ltd.
55
Even sourcing of garments can be made digital
and turned into the benefit of the customers!

56. An#
Mäki
60°
Digital
Ltd.
Understanding and leading
the exponentials!

57. An#
Mäki
60°
Digital
Ltd.
57
Chaos
&
amazement
iPhone
moment
Disappointment
Impa;ency
for
results
Build
(Courage
&
Pa;ence
)
Launch
(vision
&
uncertainty)
Grow
(Agility
&
Control)
Results
Time

58. An#
Mäki
60°
Digital
Ltd.
Exponential thinking delivers results
that accellerate over time!

59. An#
Mäki
60°
Digital
Ltd.
30%

60. An#
Mäki
60°
Digital
Ltd.
• linear
• X=30%
• exponen:al
• X<30%
60

61. An#
Mäki
60°
Digital
Ltd.

62. An#
Mäki
60°
Digital
Ltd.
THIS
IS
THE
PROBLEM

63. An#
Mäki
60°
Digital
Ltd.

64. An#
Mäki
60°
Digital
Ltd.
New type of leadership is
required!

65. An#
Mäki
60°
Digital
Ltd.

66. An#
Mäki
60°
Digital
Ltd.
Source:
h#ps://www.itbusiness.ca/blog/lifeworking-­‐in-­‐abundance-­‐in-­‐the-­‐21st-­‐century/55027

67. An#
Mäki
60°
Digital
Ltd.
67
h#ps://www.talentculture.com/wp-­‐content/uploads/2016/11/Ayelet-­‐Baron-­‐infographic.jpg

68. An#
Mäki
60°
Digital
Ltd.
• EXPONENTIAL
MINDSET
• EXPONENTIAL
ORGANIZATION
• AS
LEAN
OPERATIONS
AS
POSSIBLE
• SMALL
NETWORKS
OF
COOPERATION
• AGILE
• RESOURCE
AVAILABILITY
IS
UNLIMITED
• RESOURCES
ARE
AVAILABLE
FOR
FREE
• ACCELLERATING
RETURNS
TO
SCALE
• GOVERNED
BY
ASSUMPTION
OF
ABUNDANCE
• BUSINESS
IMPLICATIONS
• EXTREME
FLEXIBILITY
–
PLAN
FOR
CHANGE
• IMPERMANENCE
–
CHANGE
IS
GIVEN
• ABILITY
TO
RECONFIGURE
TO
ACCOMMODATE
RAPID
GROWTH
–
THINK
10X
NOT
10%
• NETWORKS
–
OWN
AS
LITTLE
AS
YOU
CAN
• COLLABORATE
–
WITH
EVERYONE
(YES,
EVERYONE!)
• THINK
OF
BIGGEST
CONSTRAINTS
AND
TURN
THEM
INTO
OPPORTUNITIES
• DISRUPT
YOURSELF
• DITCH
INCREMENTAL
GAINS
THINK
BIGGER
• CONSIDER
THE
NEW
BUSINESS
MODELS
• WHAT
ARE
YOUR
CORE
SKILLS
AS
A
BUSINESS?
68
Guidelines
on
managing
exponen;als

69. An#
Mäki
60°
Digital
Ltd.
How to bring this to life?!

70. An#
Mäki
60°
Digital
Ltd.
1) Realise that advances in core digital tech
are reshaping the nature of competition!

71. An#
Mäki
60°
Digital
Ltd.

72. An#
Mäki
60°
Digital
Ltd.
2) Integrate your innovation processes with customers
and dynamic ecosystems to enable shorter product
release cycles!
!

73. An#
Mäki
60°
Digital
Ltd.
Leverage crowd in product development
and put right incentives in place!
(time to market 1/10 of the traditional model)!

74. An#
Mäki
60°
Digital
Ltd.
3) Re-organise teams around learning and
performance improvement!
!
!

75. An#
Mäki
60°
Digital
Ltd.
1) Portfolio!
From classic conglomerate to
focused industrial conglomerate!
!
2) Innovation!
From M&A-driven diversification to
tech-driven growth!
!
3) Globalization!
From a U.S. focus to a global one!
!
4) Strategic Focus!
From industrial to digital industrial!
!
5) Organization!
From top-down to agile and
decentralized!
!
Jeffrey
R.
Immelt
will
be
the
chairman
of
General
Electric
un;l
the
end
of
2017.
He
served
as
its
CEO
and
chairman
from
September
2001
to
August
2017.
HBR
ar;cle
on
the
transforma;on:
h#ps://hbr.org/2017/09/inside-­‐ges-­‐transforma;on

76. An#
Mäki
60°
Digital
Ltd.
GE
fast
works
in
their
works:
h#ps://www.youtube.com/watch?v=TgAk7xP2a1M
GE fast works is their way of
adapting to exponential world!

77. An#
Mäki
60°
Digital
Ltd.

78. An#
Mäki
60°
Digital
Ltd.
Why now?!

79. An#
Mäki
60°
Digital
Ltd.
• Uncertainty about the future. ... !
• Uncertainty of the future of work … !
• Financial management. ... !
• Monitoring performance. ... !
• Regulation and compliance. ... !
• Competencies and recruiting the
right talent. ... !
• Technology. ... !
• Exploding data. ... !
• Customer service…!
• Breaches of our trust…!
• Etc. !

80. An#
Mäki
60°
Digital
Ltd.
Existing operators leave room for new entrants because of
poor customer experience and lack of trust!

81. An#
Mäki
60°
Digital
Ltd.
FINANCE
EXAMPLE

82. An#
Mäki
60°
Digital
Ltd.
Convenience, fairness and
honesty are powerful weapons!

83. An#
Mäki
60°
Digital
Ltd.
Revenues
grew
by
150%
last
year,
the
company
said.
That
would
suggest
revenues
of
close
to
£69
million
in
the
year
to
March
2017,
as
TransferWise
had
a
turnover
of
27.8
GBP
million
in
the
year
to
march
2016
Source:
h#p://nordic.businessinsider.com/transferwise-­‐revenue-­‐profit-­‐2017-­‐5?r=UK&IR=T
And it is clearly working!

84. An#
Mäki
60°
Digital
Ltd.
Leveraging existing infrastructure
and empowerent are equally
powerful!

85. An#
Mäki
60°
Digital
Ltd.
Established conventions are
there to be disrupted!

86. An#
Mäki
60°
Digital
Ltd.
The change will happen at
unprecented scale across industries!

87. An#
Mäki
60°
Digital
Ltd.
What are these companies
doing differently?!

88. An#
Mäki
60°
Digital
Ltd.
Think! BIG!

89. An#
Mäki
60°
Digital
Ltd.
Normal is merely average and if
we aim for bit better!
we will likely by be
mediocre and good at best !

90. An#
Mäki
60°
Digital
Ltd.
Our
mission
is
to
accelerate
transi1on
to
sustainable
transport
The
best
way
to
get
wherever
you’re
going
The
world’s
catalogue
of
ideas
To
posi1vely
impact
the
lives
of
a
billion
people
or
more
Ideas
worth
spreading
Organize
the
world’s
informa1on
Become
the
best
technology
company
in
the
world
/
Become
the
opera1ng
system
for
the
industrial
internet
a
trusted
community
marketplace
for
people
to
list,
discover,
and
book
unique
accommoda1ons
around
the
world

91. An#
Mäki
60°
Digital
Ltd.
MTP the massive transformative purpose is the higher, aspirational
purpose of the organisation, capturing the hearts and minds of
those both inside and (especially) outside the organisation !

92. An#
Mäki
60°
Digital
Ltd.
How do you set your
target for the next year?!

93. An#
Mäki
60°
Digital
Ltd.

94. An#
Mäki
60°
Digital
Ltd.
Failure is fundamental and
essential part of success!

95. An#
Mäki
60°
Digital
Ltd.
With enough attempts, learning and
iterations you are bound to succeed
(in new ventures and improve existing)!

96. An#
Mäki
60°
Digital
Ltd.
10x is tough, having
systematics in place will help!

97. An#
Mäki
60°
Digital
Ltd.
Source:
h#ps://singularityhub.com/2017/04/03/how-­‐to-­‐make-­‐an-­‐exponen;al-­‐business-­‐model-­‐to-­‐10x-­‐growth/

98. An#
Mäki
60°
Digital
Ltd.

99. An#
Mäki
60°
Digital
Ltd.
Can you double your revenue by being
incrementally? yes. But you can’t 10x your
revenue that way.!
To 10x your revenue, have!
something that no one else is selling. This
removes price pressure (and competition).!

100. An#
Mäki
60°
Digital
Ltd.
Key take aways!

101. An#
Mäki
60°
Digital
Ltd.
1. Exponential thinking is here today and here to stay.!
!
2. It is much more than just a gimmick and will profoundly impact the
way we conduct business regardless of the industry.!
!
3. As humans we are biased to think linearly yet as entrepreneurs we
need to think exponentially.!
!
4. Anything that becomes digitized will enter the same exponential
growth we see in computing!
!
5. Exponential thinking delivers results that accellerate over time.!
!
6. Realise that advances in core digital technology are reshaping
the nature of competition.!
!
7. Integrate your innovation processes with customers and dynamic
ecosystem to enable shorter product release cycles.!
!
8. Re-organise teams around learning and performance
improvement.!
!
9. Think of your business and how could you make it grow 10X next year?!
!

102. An#
Mäki
60°
Digital
Ltd.
Thank you!