When you start planning a company, one of the goals is to be among the largest in your industry as quickly as possible. This happens with organic and agile growth that only exponential companies can achieve.
Among the many possible names for organizations that achieve excellent results in a short period of time, “exponential companies” exemplifies what they are. These organizations are capable of building models and changing the way the market behaves in the face of excellence.
What are exponential companies?
Exponential companies are those organizations that use more modern models, which impact the market. They usually adopt new work methodologies and technologies, innovating not only the operational side, but the how to create the right infographic for your brand entire process and way of thinking of the company. They are disruptive in all areas, which directly impacts growth.
The term “exponential” in algebra refers to a number that indicates the amount by which a quantity increases. Thus, Salim Ismail, Yuri Van Geest and Michael S. Malone gave this name to companies that grow at an above-average rate. They are known for developing up to 10 times faster than traditional organizations in the same sector.
In this process, they spend much less due to management reforms and the use of new technologies. Both attitudes drive growth, especially in the digital and innovative world in which they operate. All this without rigid approaches and deadlines, but rather by making the working hours and performance of employees more flexible.
Characteristics of exponential companies
Exponential companies does negative marketing count too? have several similarities. Therefore, these characteristics were defined as a way to identify them. Get to know some of them!
Having a Massive Transformative Purpose
Massive Transformative Purpose (MTP) is what sets the direction of exponential companies. In this way, it goes far beyond the mission in strategic planning : MTP moves the company and commands its internal and external characteristics.
External Features
There are five external characteristics of exponential companies. They are called SCALE, an acronym that represents them.
The S stands for “Staff on demand.” This refers to the company’s ability to increase or decrease staff according to work demand. Likewise, it is one of the clean email main factors that define an exponential organization.
The C in “Community” relates to the people attracted to and aligned with your MTP. It is made up of employees, partners, supporters and loyal customers who believe in the company.
Internal Features
The internal characteristics are also five and represented by the acronym IDEAS.
The I in Interface connects the external features with the internal workings of the company. This interface allows customers to relate to the organization as it delivers most of its functionality.
D relates to Dashboards, essential software for monitoring and tracking the performance of exponential companies. The more efficient they are in monitoring and managing data and processes, the more adaptable the company will be. It is also possible to make quick, assertive and high-impact decisions.
The E stands for Experimentation. Even the best ideas are just ideas until they are tested. Above all, the exponential enterprise encourages the freedom to .