Quick Quiz

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1. Exponentiality of modern information technologies is based on (pick one correct answer):* This field is required.

Feynman’s Principle

Grove’s Postulates

Moore’s Law

Shockley’s Rules

2. 4Ds stand for (pick one correct answer):* This field is required.

Digitize, Disrupt, Demonetize, Devalue

Digitize, Disrupt, Demonetize, Democratize

Digitize, Disrupt, Deceive, Devalue

Disturb, Disrupt, Demonetize, Democratize

3. The first step an existing organization should take to transform is (pick one correct answer):* This field is required.

Change its organizational structure towards more autonomy

Transform its leadership to understand exponential changes

Implementagile ways of working

Outsource its key activities.

4. ExQ stands for (pick one correct answer):* This field is required.

External Intelligence

Exceptional Questions

Excellence Quest

Exponential Quotient

5. Existing organizations find it hard to implement disruptive innovation mainly because (pick one correct answer):* This field is required.

It is difficult to find innovative employees.

They lack capital to invest into future growth initiatives.

They find it difficult to partner with innovative start-ups.

Their immune system “kills” any disruptive innovation.

6. Please pick-up the only correct answer about ExO attributes:* This field is required.

ExO attributes are the key success factors that are determined by analyzing the current business model of an organization to see where it has been strong over the past decade.

ExO attributes have been determined by researching some of the most adaptable and successful organizations that exist today and divide roughly into attributes that help to access external abundance and attributes that help to manage abundance internally.

For an organization to become an ExO, all 10 ExO Attributes need to be implemented as soon as possible to gain significant competitive advantage over other organizations.

ExO Attributes form a template that helps the client organizations to partner with the most innovative players in its industry and success going forward.

7. S.C.A.L.E. stands for (choose one):* This field is required.

Set of strategic initiatives that an existing company can implement to radically scale its operations

Set of organizational techniques enabling an organization to grow faster than its competitors

5 externally focused ExO attributes that help an organization access abundance in the market

A proven technique to scale software development department in large organizations

8. Future of technology is less predictable than it was in the past because (pick one correct answer):* This field is required.

We have already gone through what some call "technological singularity"

It is driven by Moore's Law which progresses exponentially rather than linearly

The political and demographic instabilities existing today are hard to predict

Technological progress is driven by the private sector rather than by governments and institutions

9. The "Massive Transformative Purpose" (MTP) answers the following questions (choose one):* This field is required.

What behaviors does the company value in the way it conducts its business?

What does the company want to become?

Why does the company exist?

How does the company achieve its aspirations?

10. Please pick one correct MTP, that fits above MTP definition, out of the following options:* This field is required.

"To help individuals and businesses realize their full potential."

"To be the world's most respected service brand."

"To provide the best customer service possible."

"To be the world's most successful and important information technology company."

11. Which statement is correct about "Staff on Demand"?* This field is required.

The main reason why organizations start using "Staff on Demand" is to meet their aggressive cost-reduction targets.

"Staff on Demand" helps organizations reach external sources of expertise as well as flexible external workforce.

"Staff on Demand" work under a temporary arrangement that helps growing organizations better deal with seasonal demand fluctuations

The key reason to implement the "Staff on Demand" attribute is to be able to have flexible non-employee contracts with employees reading to significant tax savings.

12. Which statement is correct about "Dashboards"?* This field is required.

Dashboards can by definition only provide data at previously set intervals, for example: Monthly or Quarterly.

Dashboards are often flexibly implemented across the entire organization so that every department can have its own set of metrics to guide its operations as effective as possible.

Dashboards provide real-time updates about the key metrics across the entire organization and help anyone making decisions about the business to be more informed.

Dashboard is the main landing page that all online customers of an organization can use to track status of their purchased orders.

13. Which statement is correct about the attribute "Social"?* This field is required.

The Social attribute in practice is often connected with employee gatherings, support schemes and social events that foster a sense of community and motivates higher engagement in executing assigned tasks and responsibilities.

The Social attribute means that employees are organized into nested informal "circles" that serve as support structure for effective on the job learning and career progression.

Organizations which successfully implement the Social attribute have dedicated public relations and marketing teams that use social media to continuously communicate with and engage its customers and wider group of stakeholders.

The Social attribute refers to a set to internal communication and information management tools that facilitate effective collaboration across an organization

14. Which statement is correct about the attribute "Interface"?* This field is required.

Interfaces refer to a set of contractual agreements between an organization and its direct competitors that help to facilitate efficient exchange of sensitive and confidential information.

Interfaces function as a bridge between the outside and the inside of the organization and often serve as an easy way for customers to access the offered products and services.

Interfaces always need to take form of an Android/iOS app such as is the case with the app belonging to Uber and AirBnB.

Interfaces are a complete set of touch points that an organization's marketing department users to engage with customers.

15. Which statement is correct about the attribute "Algorithm"?* This field is required.

Algorithms are fully objective and therefor completely eliminate any bias in decision making

Algorithms deliver the same results independent of what task and what data they are working on.

Algorithms are automated "formulas" that help to accomplish a give task or create value by filtering, linking, arranging or extracting information for company's customers and/or internal stakeholders.

Algorithms increase complexity of the provided data and make it more difficult to filter valuable information.

16. Which statement is correct about the attribute "Community"?* This field is required.

Community is a set of people who believe and are inspired by the organization's MTP and are willing to contribute in different roles to see it success.

Community is the larger set of external stakeholders that an organization relates with because of its activities.

Community is a subset of customer who really like the company product and service and actively promote it to their friends and family.

Crowd is a group of people that the company relates with only during their crowdfunding campaigns.

17. Which statement is correct about the attribute "Engagement"?* This field is required.

The right way to implement the Engagement attribute is to set-up internal systems for horizontal communications such as "Slack" or "Whatsapp"

The engagement attribute is measured by the famous Q12 survey designed by Gallup International.

If an organization is already successful, there is no need to implement the Engagement attribute as it can cover all its needs by itself.

One of the best ways to implement the Engagement attribute is to run incentive competitions that engage the Community to create meaningful value for the organization.

18. Which statement is correct about the attribute "Leverage"?* This field is required.

Leveraged assets are assets that the organization owns and uses them for multiple purposes to gain the biggest leverage out of its investment.

An organization uses Leveraged assets attribute well if it achieves higher return on investment than its peers within the same industry.

Leveraged assets are external assets that the organization doesn’t own directly but taps into them to gain scale and reduce marginal cost of supply.

Leveraged assets are by definition temporary and sooner or later, they need to be acquired by the organization so that it can continue using them.

19. Which statement is correct about the attribute "Autonomy"?* This field is required.

Autonomy in an organizational context means that anyone at any level of the organization can do whatever they want.

Organizations with high levels of autonomy can only exist in selected industries such as software development or art.

Successful implementation of the Autonomy attribute leads to higher levels of engagement, responsibility and ownership across the organization.

The Autonomy attribute refers exclusively to the degree of freedom that the senior management exercises in front of its employees to be able to succeed in implementing some of their most ambitious strategies.

20. Which statement is correct about the attribute "Experiments"?* This field is required.

To effectively implement the Experiment attribute, an organization needs to choose one experiment at a time and work secretly until it builds a perfect product which is then presented to all its customers.

Experimentation means to never commit to any product or service idea and always try to bring new ideas to market regardless if they succeed or not

Organizations that effectively implement the Experiments attribute run frequently, measured and targeted experiments that help to validate important hypothesis about its future products and/or services.

When the Experiment attribute is fully embedded in an organization, it often leads into continuous set of reorganization initiatives

1. Please write down 3 Key Takeaways you've had from the learning material:* This field is required.

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2. What 3 Exponential Technologies do you think will disrupt most industries in the coming 5 years? Please explain each of your choices:* This field is required.

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3. Your client is a global car manufacturer. Please select 4 ExO attributes that they should implement to become more adaptable to external disruption in their industry. Please explain each of your choices:* This field is required.

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4. Your client is a global bank. Please list 3 ways its core business can be disrupted in the future. Please explain each of your choices:* This field is required.

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5. Choose any industry/customer problem and outline an idea for a disruptive ExO business that can capitalize on current problems and/or existing market inefficiencies.* This field is required.

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