Eric > Eric's Quotes

“As Peter likes to say, “The world’s biggest problems are the world’s biggest business opportunities,” and “If you want to become a billionaire, help a billion people.”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact

“Between 1820 and 2015, the proportion of humanity living in extreme poverty plummeted from 90% to 10%. Between 1800 and 2016, the global literacy rate increased from 15% to more than 80%. Between 1800 and 2017, the global child mortality rate plummeted from 42% to under 5%. Between 1779 and 2019, average global life expectancy skyrocketed from 30 to more than 75 years.”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact

“Riaz Shah, the Global Head of Learning at Ernst and Young, trains 100,000 new hires annually. The following image from Riaz is his take on the immune system: Too many people who have worked for a business—especially a large enterprise—are familiar with corporate immune systems.”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact

“The next billion-dollar startup will only have three employees.” The culture of that startup would be “AI first,” and it would use autonomous AI agents to get work done. All marketing and sales would be automated via AI bots, and the three employees would be: The CEO, who would handle vision and purpose and lead public-facing marketing. She would also code and be involved in engineering. The Product Lead, who would interface with customers and team to manage the product roadmap and drive development The Operations Lead, who would be responsible for the outcome of the AI bots and handle finance and legal and smooth operations. We”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact

“Exponential Organizations are founded by innovative owners who value speed and early adoption of innovation. Think Tesla/SpaceX and Elon Musk, Amazon and Jeff Bezos, Apple and Steve Jobs. In these companies, the visionary tech founder has the ability to dictate speed and direction. From inception, these company cultures are oriented toward rapid Experimentation and data-driven decision-making rather than the comfort of humans living in the status quo.”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact

“Waze’s triumph and Navteq’s decline should be the model for every budding ExO. Ask yourself, “Which of my products or services can I digitize and dematerialize?” and “How can I use the Six Ds to leapfrog my biggest linear competitors? How can I use them to demonetize and democratize my products and/or services?”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact

“An ExO is a purpose-driven, agile, and scalable organization that uses accelerating technologies to digitize, dematerialize, democratize, and demonetize its products and services, resulting in a 10x performance increase over its non-ExO peers.”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact

“The first stands alone: Massive Transformative Purpose (MTP). As the name suggests, MTP is the ExO’s core reason for existing. MTP is the foundation upon which all company actions take place. It establishes a long-term goal for the company so sweeping and profound that it is always within reach yet always unreachable. It sets a moral foundation for all company interactions between all stakeholders. It keeps the company disciplined and on target. It inspires employees and customers. And it galvanizes employee morale and retention.”
― Salim Ismail, Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact