Exceptional Co-Working Spaces as Battering Ram to Growth

Co-Creating Disruption:

Q: Why Does Society Needs EXCEPTIONAL Co-Working Environments

Will CardwellCourage Ventures and Aalto University

To Co-Create Growth!

The Trends we are up Against• "The average half life of a

business competency has dropped from 30 years in 1984 to 5 years in 2014”

• "89% of the Fortune 500 companies from 1955 are NOT on the list in 2014.”

• ”The average life span of an S&P500 company has decreased from 67 years in 1920’s to 15 years today.”

Source – Exponential Organizations, http://www.slideshare.net/vangeest/exponential-organizations-h

Agenda

Part 1: Understanding the Exponential OrganizationPart 2: Understanding the Entrepreneurs DilemmaPart 3: What IS an EXCEPTIONAL Co-Creation Environment, and why is it Fundamental to the Future?

1. What Is an Exponential Organizations

Q: What is this?

No, it’s Singularity University

https://www.youtube.com/watch?v=hU1UuMvK9cQ

What is an ExO?

An Organization whose impact (or output) is disproportionately large – at least 10x larger – compared to its peers because of the use of new organizational techniques that leverage exponential technologies.


ExO’s have a Massive Tranformative Purpose (MTP)

“The MTP is the higher, aspirational purpose of the organization, capturing the hearts and minds of those both inside and (especially) outside the organization.”


Both Sides are Critical !


Who are the ExO’s ?

See http://top100.exponentialorgs.com/

http://top100.exponentialorgs.com/





A Couple Finnish Companies on List







2. Understanding the Entrepreneur’s / Innovator’s Dilemma• Lifestyle: Work to live their passion• Small Business: Work to feed the

family• Scalable: Born to be Big and Global• Buyable: Grow to be Acquisition

Target• Social: Born to make a Difference• Large Company Startups: Innovate

or Evaporate

What’s different about a Scalable Startup?• Breadth of an entrepreneurs’ vision• Founders’ personal goals• Size of the target market• Customer and Agile development to find the

business model• World-class founding team and initial

employees• Passionate belief and a reality distortion field

According to PayPal founder Peter Thiel in Zero to One,

• “… a good startup should have the potential for scale built in to the first design…”

• “…The perfect target market for a startup is a small group of particular people (organizations) concentrated together and served by few or no competitors…”

Really ??

WELL, HOW ABOUT THESE GUYS…

An Entrepreneur’s Dilemma

DON’T GET IT!A C T I V E !!

GET IT!A C T I V E !!

DON’T GET IT!P A S S I V E

GET IT!P A S S I V E

STAK

EHO

LDER

S AC

TIVI

TY L

EVEL

DEGREE THE STAKEHOLDER “GET’S IT”

What do Startups Want from Corps?

• Help with the early, silent (stealth) stages of disruption

• Help to change the opinions of the people that matter (see 4 corners)

• Investment in feedback to the startup (positive and negative)– Fast decisions, good, bad or ugly…

• A loud blast when the time comes• Cost coverage and continuation if successful

What do Corps want from Startups?

• Establish you as a thought leader and “go-to” place for your customers.

• Disrupt current business as little as possible (in a negative way)

• Change your business over the next 1 – X years.

3. WHAT IS AN EXCEPTIONAL CO-WORKING ENVIRONMENT?



• Mind-Blowing People Pass Through• Global Physical and Digital Connectivity• Low Barriers to Participation• Emphasis on Doing and not Measuring• Mutual Respect Across Disciplines,

Organizations, Cultures, Demographics

Aalto entrepreneurial assets

PROGRAM SPACE

ORGANIZATION BUILDING

EVENT

PROJECT

Reference: Aalto-Related Entrepreneurial Assets

CONCLUSION:WE CAN DO BETTER

Thanks! [email protected]