Startup 2 0 Hkbu

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Charles Mok

Startup 2.0 -- presentation to the Entrepreneur Forum 2009, Hong Kong Baptist University -- 2009.03.03

Business

Startup 2.0: A Challenge to Dream Charles Mok Internet Society Hong Kong 2009.03.03 For Entrepreneur Forum 2009 Hong Kong Baptist University

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Do It Yourself and Makers Revolution is a contemporary subculture representing a technology-based extension of DIY culture that encourages invention and prototyping. This trend includes millions of people who are creating their self-made products and taking risks to start their own small businesses dedicated to marketing and selling of these products. This report - part of the "Inspiring Route" project - analyses and understands the main themes related to Do It Yourself and Makers Revolution through stories, examples, numbers, case studies.

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Happy Morning I have made a small attempt to summarize this book after reading this number of times. In this book Salim Ismail gives a deep dive – Exponential Organizations where he shows how any company, from Startup to a multi-national , can become exponential. The author unveils years of research learning how organizations can accelerate growth through use of Technology. The goal of the book is to provide you with the knowledge to leverage assets such as big data, communities, algorithms, and new technology to achieve performance ten times better than your competition. It is good book for entrepreneurs who need a guide for harnessing and strategizing the hyper growth of a company that feeds off of modern technology in the 21st century and beyond. Because we focus on accelerating technologies and the future we identified an infection point in how we build businesses that has never noticed before. Most CEOs see innovation as product or service innovation. But there is also process innovation, social innovation, organizational innovation, management innovation, business model innovation etc. Those business that do not evolve , will not survive Happy Reading

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In any business, performance is key. In performance, organization is key to growth. In the past five years, the business world has seen the birth of the Exponential Organization (ExO). An ExO is able to eliminate the incremental, linear way traditional companies get bigger. It leverages assets like community, big data, algorithms, and new technology into achieving performance benchmarks ten times better than its peers. This new breed of company has revolutionised how an organisation can accelerate its growth by using technology. After researching this phenomenon and the future of organisations, the authors documented ten characteristics of ExOs. In their book, Exponential Organizations, they offer guidance to startups and multinationals alike on how any company can streamline its performance and grow to the next level. This pivotal work was chosen by Benjamin Netanyahu, Prime Minister of Israel, to be one of Bloomberg’s Best Books of 2015. It was also selected as Frost & Sullivan͛s 2014 Growth, Innovation, and Leadership Book of the Year. According to Ray Kurzwell, Director of Engineering at Google, the book is required reading for anyone interested in ways exponential technologies are reinventing best practice in business.

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Our world is on the precipice of a major paradigm shift in business. The age of cumbersome corporate giants is coming to a close. And the age of the agile exponential business is coming online. The pace and scope of growth in technology has made the status quo model of scarcity-centered business almost completely obsolete. On the flip side, these ever-accelerating technologies are allowing abundance-minded businesses to do far more with far less. Embracing exponential practices like cloud computing, crowd-sourcing, and staff-on-demand have allowed a new generation of companies to experience unprecedented growth, scalability, and agility. But how can embracing these exponential changes affect positive change in your business?

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The world is changing exponentially due to technology, Singularity and globalization. We see the emergence of a new kind of organization: the exponential organization. This is complete reinvention of all building blocks of a classic, linear organization. Why is it here today? Why is it so successful? What is it? How does it organize to scale? How will exponential organizations evolve into blockchain startups (DAOs)? Learn practical insights from not only startups like Slack, Uber, Xiaomi, Airbnb, Waze, Local Motors, Quirky, Github and Tesla but also large organizations like Google, Amazon, Haier and General Electric. If your organization was built in the 20th century it is doomed to fail in the 21st century. Why? Nobody uses s a mobile phone of 15 years old to survive in todays' business world but we do use organizational models which are 100 years old in todays' exponential era. This does not make sense and explains disruption in each and every vertical market. *talk at NEXT15*

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Technological innovation is reshaping markets and creating new opportunities for businesses at a faster rate than at any other time in living memory. But to realise the promise of greater economic growth, incumbent businesses, challengers and the policymakers who regulate them need to find a balance that encourages fairness without either stifling entrepreneurialism or compromising the public interest. Finding this balance has proven difficult for businesses and industry regulators alike. In order to build greater understanding of the trade-offs at play in ensuring a level playing field, this report explores the specific challenges that regulators face when it comes to disruptors, and explores workable models for increased collaboration between the public and private sectors.

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Startup 2 0 Hkbu

1. Startup 2.0: A Challenge to Dream Charles Mok Internet Society Hong Kong 2009.03.03 For Entrepreneur Forum 2009 Hong Kong Baptist University

10.

Startup 2 0 Hkbu

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