Dr. Clarence Tan
ExO Ambassador CEO, Austanco Private Equity Co-founder, Gogotech (Thailand) Co-founder, Gold Coast Angels Former Asia Pacific Ambassador, Singularity University Adjunct Professor, Griffith University & Bond University #drctan Our Mission EDUCATE, EMPOWER & INSPIRE leaders to apply exponential technologies to addressing humanity’s grand challenges Singularity University is a benefit corporation based on NASA Research Park in Silicon Valley. 3 © DrCT Pty Ltd 2015-2018 4 We’re programmed to think linearly
30 Linear 26x+ around Steps the Earth!
1 1 1 1 1 1 1
© DrCT Pty Ltd 2015-2018 Call to Action
How would you leverage technology for social impact?
Education Energy Environment Food Global Poverty Security Space Water Health
6 7 Global Exponential Trends
8 As a result, conditions are changing...rapidly Time to reach $1B:
86 years 46 years 8 years 5 years 2 years 18 months 4 months
With lower barriers to entry, the metabolism of the economy is increasing
Deception of Linear vs Exponential
Chaos/ You are here Amazement
Disappointment
© DrCT Pty Ltd 2015-2018 www.singularityu.org X 500 billion
© DrCT Pty Ltd 2015-2018 13 © DrCT Pty Ltd 2015-2018 14 15 16 17 18 Pharmacogenomics/Pharmacomicrobiomics/Epigenetics
19 Health Care or Sick Care?
20 Chinese Village Doctor Healthcare Model
21 3-D Printing
© DrCT Pty Ltd 2015-2018 22 © DrCT Pty Ltd 2015-2018 23 Types of AI
24 25 26 27 Uber – as of Jun 2016, $66b valuation
28 The Ethical Dilemma of AI – Self Driving Car Case Study
29 Ethical Dilemma for AI And Robotics
30 31 4 D’s of Exponentials
DECEPTIVE TO Disruptive Stress DISRUPTIVE /Opportunity
DIGITIZE DEMATERIALIZE DEMONETIZE DEMOCRATIZE
32 4 D’s: Digitize
Photos
GPS
Music
DIGITIZE Something becomes information enabled
33 4 D’s: Dematerialize DEMATERIALIZE Physical products disappear and consolidate
Radio Calculator
Microphone/recorder Video player
Camera Video camera
34 Dematerialization of devices
35 36 37 Taking a screenshot in 1983
38 4 D’s: Demonetize DEMONETIZE The cost of products and services decrease significantly
Record Book Long Stores Stores Distance
Research Classifieds Local Stores & Libraries
39 4 D’s: Democratize
DEMOCRATIZE Access is available and affordable to everyone Disruptive Stress vs. Disruptive Opportunity
Large corporations must now compete in the collaborative economy
© DrCT Pty Ltd 2015-2018 41 Non-Profits vs Corporation – Social Enterprise
© DrCT Pty Ltd 2015-2018 42 Current System is broken
43 Solutions?
44 45 46 Human skills that AI can replace
Source: Jeremy Howard TEDxBrussels 2014 47 Jobs that AI can replace
Source:Source: Kai Kai-Fu--FuLee-Lee TED TED 2018 2018
48 Source: Kai-Fu-Lee TED 2018
Source: Kai-Fu-Lee TED 2018 Source: Kai-Fu-Lee TED 2018 49 Robot Chef MedicSensation Modern Meadow
Exploring fundamentally new ways to create sustainable animal materials and cultured food products; reducing use of land, water and chemicals.
SynBio Startup LaunchPad 2012 + SU Labs Startup Company © DrCT Pty Ltd 2015-2018 53
Never Brush Your Teeth again?
© DrCT Pty Ltd 2015-2018 55 LOWE’S INNOVATION LABS + FELLOW ROBOTS
Retail service robots to help customers confidently complete home improvement projects.
SU Labs Corporate Member + SU Labs Startup Company Gamefication Malariaspot.org
© DrCT Pty Ltd 2015-2018 58 Finding a cure for HIV Genetic research for breast cancer
59 2014 Australian Global Impact Competition Winner – Susan Graham Sense of Purpose!
61 © DrCT Pty Ltd 2015-2018 Finding your passion
© DrCT Pty Ltd 2015-2018 62 Acquiring skills
63 © DrCT Pty Ltd 2015-2018 What the world needs
64
About ExO Works
● Founded in 2015 by Salim Ismail
● Global reach // 300+ advisors and coaches
● Work with Fortune 500 CEOs and management teams
● We’re the non-consultants Employee autonomy 7x more customers per employee
Crowd engagement Global media company in 5 years
Experimentation The Institutional Yes! Sample Exponential Organizations
ExOs leverage new $30B valuation technologies and Largest hotelier, abundance to see ZERO real estate assets 10x the output of their peers.
How Does ExO Work? Our Sprints Focus on the 10 ExO Attributes MANAGE TAP INTO ABUNDANCE MTP ABUNDANCE MASSIVE TRANSFORMATIVE PURPOSE
SStaff on Demand InterfacesI
CCommunity and Crowd DashboardsD
AAlgorithms ExperimentationE
LLeveraged Assets AutonomyA
EEngagement Social TechnologiesS Scarcity Abundance IMPACT: GLOBALRanking of Fortune 100 by Exponential Score Average S&P +9.9%
Fortune 100 Company ExQ Fortune 100 Company ExQ Google 72.9 Costco Wholesale 32.0 Amazon 66.2 Philip Morris International Inc. 31.6 Apple 62.6 Hess Corporation 31.3 IBM 61.0 HCA Holdings, Inc. 31.0 Verizon Communications 58.8 Phillips 66 30.7 General Electric 56.6 Tesoro Corporation 30.0 Microsoft 55.9 Valero Energy 29.8 Cisco Systems, Inc. 55.8 Plains GP Holdings, L.P. 27.5 The Walt Disney Company 54.8 Energy Transfer Equity, L.P. 26.5
Top 10: + 26.7% Bottom: 10 -1.7% 74 Exponential Organizations = M.T.P + S.C.A.L.E. + I.D.E.A.S.
Massive Transformative Purpose ↗ Inspires a community to form ↗ Helps attract and retain talent ↗ Orients the organization toward external impact vs. internal politics ↗ Focuses the organization during periods of rapid growth
75 Massive Transformative Purpose
• The higher, aspirational purpose of the organization.
• Guiding principle when key decisions need to be made.
• Make sure the impact of the organization will be global.
• Guides people from the inside and from the outside.
• Has a positive impact in the world. MTP
Massive Transformative Purpose
STRONG: Organize the world's Open Happiness information THE COCA-COLA COMPANY GOOGLE Radical breakthroughs Ideas worth spreading benefiting humanity TED XPRIZE FOUNDATION Make invention accessible Positively impact 1B QUIRKY people (till 2016) SINGULARITY UNIVERSITY
77 MTP
Massive Transformative Purpose
WEAK: Shape the future of the Internet by creating unprecedented value and opportunity for our customers, employees, investors, and ecosystem partners. CISCO
78 Massive Transformative Purpose
“The global transformation of business” My MTP: Seek knowledge, share and apply it to benefit all.
© DrCT Pty Ltd 2015-2018 80 Massive Transformative Purpose Is NOT
• A mission statement
• Tech-specific or narrowly focused
• Representative of what is possible today
• Motivated solely by profits
• Just a big goal Pdf: https://drive.g oogle.com/op en?id=0B1H0 5v0IVkBCbzE 4M0hZTzV0Y VU I S Staff on Demand D C E A A L S E “Most of the bright people don’t work for you, no matter who you are”
Bill Joy I S Staff on Demand D C E A A L • Paid $10,000 for Kaggle competition S E • 271% improvement in 2 weeks
• 50% of IT staff consultants • Not just helpful, mandatory
• Need to know where products are in Walmart • Uses Gigwalk app. I S Community & Crowd D C E A A L S E
“If you build communities and you do things in public, you don’t have to find the right people, they find you.”
Chris Anderson I S Community & Crowd D C E A A L S E
Community Crowd
● Production ● Ideation Community
● Delivery ● Validation
● Operations Users / Customers ● Support /Almni Vendors / Partners / Alumni Staff on Demand
Everyone Else I S Algorithms D C E A A L Algorithms – including Machine S E Learning and Deep Learning – provide insights on customers and products.
Self-learning software recognizes patterns in text, images, videos, languages etc. © DrCT Pty Ltd 2015-2018 © DrCT Pty Ltd 2015-2018 I S Leveraged Assets D C E A A L S E ExOs access, rent or share assets to stay nimble outsourcing even mission critical assets.
Leveraged assets are comprised of Cloud computing, Hackerspaces, and assets from customers as input for business. © DrCT Pty Ltd 2015-2018 I S Engagement D C E A A L S E Digital reputation systems, games, and incentive prizes, provide the • Increases loyalty opportunity for virtuous, positive feedback loops, which in turn • Amplifies ideation
allows for faster growth. • Converts crowd to community
• Leverages marketing
• Enables play and learning E – Engagement I S Engagement D C E A A L S E I S Interfaces D C E A A L S E Select, filter and manage the • Filtering abundance into outputs of all external attributes manageable chunks of input for of ExOs (SCALE) as inputs into different internal departments the internal organization in an effective, targeted and seamless • Bridge between external growth manner. drivers and stabilizing internal drivers
• Allows for scalability
• Avoids human mistakes I S Dashboards D C E A A L
• Real-time, adaptable dashboards with S E essential company and employee metrics
• Short feedback loops in order to measure and manage performance
• Accessible, transparent to everyone in the organization.
▪ OKRs create control framework to manage fast growth I S Experiments D C E A A L S E
“No business plan survives its first contact with customers” —Steve Blank I S Experiments D C E A A L S E E – Experimentation I S Autonomy D C E A A L ExOs have a flat organization, S E allowing self-organizing, multidisciplinary teams and / or individual employees to operate with decentralized authority. I S Autonomy D C E A A L S E Holacracy
Traditional hierarchy pushes us Holacracy allows function-based to focus on rank, professional vs. organization, with a focus on the development, and procedure. task at hand. Namely, your product. I S D C Social E A A L ExOs leverage collaborative S E tools to manage real time, zero latency conversations. When implemented these tools create transparency and connectedness and lower an organization’s information latency. S – Social Technologies ExO’s having achieved 10x performance improvement
•AirBnB •Tesla •GitHub •Uber •Google •Waze •Netflix •Valve •Quirky •Xiaomi What is the Exponential Quotient of Your Organisation? www.exponentialorgs.com/surv ey Key Takeaways
“Experts” tell you how something can’t be done.
Rent, don’t own, assets.
Everything is being turned into information, and is thus measurable and knowable.
An ExO Diagnostic can help you score and analyze your organization.
© DrCT Pty Ltd 2015-2018 SALIM ISMAIL
Exponential Organizations ↗
• How companies are evolving in the face of disruptive change
© DrCT Pty Ltd 2015-2018 Excerpt of book for Innov8rs: http://bit.ly/exosprintsummary
108 Contact Details
Email : [email protected] Facebook: facebook.com/drctan LinkedIn : drctan Twitter : drctan Blog: : drctan.com Be my agent of change: https://slicepie.com/invite/DrCTan
© DrCT Pty Ltd 2015-18 109 110 111
EXECUTIVE SUMMARY
Based in Thailand – Newly-formed BOI Promoted Startup (R&D category)
Addressing The Massive Unmet Need For Assistive Technologies for Mobility Challenged PWD
Wheelchairs a 10B Industry by 2023 - 85% of 75M in need have NO access - 10% of available supply is motorized
- GOGOTECH - Made in Thailand power chair and conversion kit - Affordable, Safe, Advanced - Targeting 2% market share in 5 years GOGO TECH Founded on the beliefs of
Powered wheelchairs should be available to anyone with reduced mobility
AND Digital platform and apps specifically for the inclusion of people with disabilities is needed 90% of existing wheelchairs are manual, which many people cannot use independently 50% of donated wheelchairs go unused*
*World Health Organization 2011 World Report on Disability (p.118) “A large number of wheelchairs in low-income and middle-income countries, donated by the international community are rejected because they are not appropriate or for the user. Users should be engaged in assessment and selection to minimize abandonment because of a mismatch between need and device.” 75 million people need wheelchairs today Yet 85% have no access to one
World Health Organization*
*World Health Organization http://www.who.int/news-room/fact-sheets/detail/assistive-technology POWERED WHEELCHAIRS help achieve mobility and independence, but are heavy, COST THOUSANDS of dollars and in short supply Problem Summary
ABILITY
Inexpensive SAFE Functional -but- -but- Limited User ADVANCED Heavy & Benefit AFFORDABLE Expensive
Powered Wheelchairs for everyone Existing Existing Manual Wheelchair Powered Wheelchair ABILITY WHEELCHAIR & INTELLIGENT KITS
Manual ABILITY ABILITY Powered Wheelchair Intelligent Kit Wheelchair Wheelchair PRICE (AVG.) $120 $850 $1250 $2,100 WEIGHT (AVG.) 16 kg +14 kg 30kg 90 kg ABILITY WHEELCHAIR & INTELLIGENT KITS
CERTIFIED FOR SAFETY UNLIMITED RANGE oISO 7176 o Replace battery in seconds oEIN 2194 o Recharge anywhere oFDA Class II Medical Device
LEADING PERFORMANCE o 120kg Capacity ADVANCED FEATURES o 10° Slope o Attendant Remote Drive o 2hr Range o Power Assist Mode o 8kph Max Speed o Hands-Free Robotic Drive SOCIAL IMPACT Support UNSDG for disabilities
90% of children with Commuting to and Conversion kits for Our app and disabilities in from a workplace is existing manual blockchain developing one of the largest chairs technology work countries are challenges people together to promote unable to attend with disabilities face inclusion and school. for employment. participation of people with reduced mobility and reduce disaggregated disability data.