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THE EXPONENTIAL EXECUTIVE, SUSANA GONZÁLEZ SARMIENTO - Coggle Diagram
THE EXPONENTIAL EXECUTIVE
CEO – Chief Executive Officer
The Exponential CEO must be constantly on the alert for disruptive startups that can emerge anywhere, as the competition will not come from existing players.
The best strategy in most industries will not be to fight these disruptors, but to join them. Thus, juxtaposing ExO constants is a priority.
Perhaps the best advice we can give an Exponential CEO is to be on the lookout for Orthogonal Information Effects (OIE); in other words, watch out for unexpected value that seemingly peripheral data can acquire.
Today it is more critical than ever for any CEO to keep in mind that their company's market could be seriously affected by innovation in an adjacent space.
CMO – Chief Marketing Officer
Marketing roles have experienced considerable disruption over the last few decades, thanks to the global phenomenon of mobile and social media.
Todd Defren, CEO of Shift Communications, a San Francisco-based public relations firm, and a thought leader in the field of Public Relations.
He has described a bifurcation in his industry whereby agencies either become creative visual storytellers working with logos, games, and branding or analytical firms to help manage their clients' sales funnels.
CFO – Chief Financial Officer
The finance function, while historically very conservative and cautious, is about to face radical disruption from various technologies, including AI.
We are witnessing a full disaggregation of the financial sector, and the digital payments sector is particularly ripe for transformation.
Leading Bitcoin investor Brock Pierce sums it up this way: while the internet is a medium for open communication.
We emphasize that almost everything in this modern world is a transaction, be it communications, social agreements and, how could it be less, commerce.
CTO/CIO – Chief Technology/Information Officer
In the past, CTOs primarily performed two tasks: dealing with large software packages and services, and ensuring that only officially approved devices were operating within the organization.
Marc Goodman, an FBI futurist, estimates that companies' IT departments detect no more than 6% of all security breaches that occur.
Does your company's CIO ban all USBs and work overtime to alert all employees (not to mention contractors, who are potential Edward Snowdens on your payroll) of this potential danger?
CTOs / CIOs need to enable the customization of the workforce (expecting innovative technologies and services) without compromising the security of the organization.
As ExOs scale beyond their traditional borders, the number of data transfer and integration points is set to exploit, making faulty traceability increasingly difficult.
CDO – Chief Data Officer
Brad Peters, co-founder and president of Birst and a columnist at Forbes.com, has named the Chief Data Officer or CDO the new Level C profession.
All organizations today have a dire need to manage and extract information from all this data and do it in some way without violating privacy and security legislation or customer trust.
The CDO is a relatively new executive position, but it is an essential part of any organization that is growing exponentially.
Big Data solutions (especially Machine Learning and Deep Learning), data management systems and Dashboards will greatly help in the collection, classification, filtering and remixing of data in real time, in addition to creating a more personalized and effective organization.
CIO – Chief Innovation Officer
The latter is in charge of the Information Technology apparatus of the company, while the former is in charge of the
creative development.
Innovation is key when it comes to growing an Exponential Organization in a sustainable way. More than ever, CIOs need to rely on external sources to keep up with the increasing pace of change.
The key is to take advantage of the entire ecosystem, led by a PTM and consisting of the community, hackers, developers, artists, startups and companies.
The CIO needs to stimulate the innovation process both internally and externally, especially in terms of coherence and synchronicity.
COO – Chief Operating Officer
At the heart of any organization, the role of any COO or COO is to get things done.
The COO must take into account the growing security trends and the risks of privacy, decentralization, location and External Assets, since each will greatly affect the organization.
Importantly, the need for long-distance transport will decline over time due to increased local production and a growing circular economy (recycling).
More and more products will be produced on site through partners
premises (External Assets), access to 3D printers and cheap labor provided by highly customizable robots.
CLO – Chief Legal Officer
The ExO revolution poses a new set of obstacles to the legal role, making it an exciting and stressful time to be a CLO as well.
The legal system is the collective repository of social values and is therefore often incompatible with the progress that is advancing so rapidly.
While the concept of an exponential legal department may seem like an oxymoron, it doesn't have to be.
Due to emerging exponential technologies, it is becoming increasingly clear that intellectual property, privacy and property law, and contractual mechanisms, will transform in the years to come.
CHRO – Chief Human Resources Officer
The accelerating pace of exponential technologies will not bypass the Human Resources department. Advances in biotechnology (employee DNA profiling), neurotechnology (employee neuro profiles), sensors, and Big Data (the quantified employee) will provide unprecedented insight into the workforce.
All of this is likely to result in unexpected and surprising changes in both hiring and team leadership.
Virtual Reality, currently in limited use with Oculus Rift and Google Glass, and anticipated in future initiatives such as High Fidelity, will not only profoundly affect recruiting and collaboration, but will also have the potential to disrupt work as we know it today.
Managing the ExO attributes of Interfaces and Employees on Demand will be the new key requirements for RRs. H H.
SUSANA GONZÁLEZ SARMIENTO