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MTP: The first step of every Expo Organization

MTP: The first step of every Expo Organization

If someone has the choice to work at NASA, or at your company (in similar positions), what would they prefer? Usually,...

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4 Secrets to Innovation

4 Secrets to Innovation

All businesses want to change for the better. Few succeed. In many cases, businesses will pay lip service and won't...

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Are you ambitious enough?

Are you ambitious enough?

How to plan the future of your business and inspire your team. Developing grand and long-term plans for a business is...

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The 10 Rockefeller Practices

The 10 Rockefeller Practices

When we refer, at MicroGlobals, to the best organizational framework to implement your business strategy consciously,...

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Dynamic Growth is always difficult and uncomfortable

Dynamic Growth is always difficult and uncomfortable

Dynamic Growth is always difficult and uncomfortable. We are sure that we all understand the main reason! It can be...

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What sets good leaders apart from great leaders

What sets good leaders apart from great leaders

The scientific literature is full of the qualities that managers and leaders need to possess in order to stand out,...

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People, the critical ingredient for your Dynamic Growth

People, the critical ingredient for your Dynamic Growth

The Dynamic Development of a business is complex, with many factors contributing to its success or not. Among other...

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The 1st law of “business gravity”

The 1st law of “business gravity”

You can "move forward" with relatively good People, Strategy and Execution, but it is impossible to "live" a single...

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Building your “tribe”, start local

Building your “tribe”, start local

We're all looking for more customers, increased revenue, and more recognition. At the same time, the Dynamic...

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Exponential Organizations

A company either disrupts or is disrupted. Large, slow-moving organizations are no longer the dominant force in business. Instead, new companies are achieving growth rates never before thought possible.

What makes these companies, all of which have very different business models, stand out from the competition?

Exponential Organizations (ExOs) are growing at an above-average rate – up to ten times faster than comparable companies in the industry – but can cope with far fewer resources thanks to new forms of organization and the use of new, especially digital , technologies.

Salim Ismail, who first coined the term ExOs, has identified 11 characteristics that characterize the exemplary ExO: Massive Transformative Purpose (MTP), five intrinsic qualities, and five extrinsic qualities.

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Effectuation

A framework of approach and thinking developed through scientific research and used by experienced entrepreneurs to build successful businesses across industries, geographies and times.

Dr Saras Sarasvathy's Theory of Effectuation describes an approach to decision-making and taking action in business processes where you determine your best possible next step by assessing the resources available to achieve your goals, while constantly balancing those goals with your resources and actions.

Effectual reasoning differs from causal reasoning, where there is a predetermined goal and the process to achieve it is carefully planned according to a given set of resources. Sarasvathy argues that causal reasoning is not appropriate for business processes that are inherently characterized by uncertainty and risk.