OpenExO is a Professional Services community that has set its sights on innovation and digital transformation. Founded in 2018 in the United States, the company operates based on the ExO Model, as detailed in the book Exponential Organizations. The ExO Model centers around the Formula MTP+SCALE+IDEAS, encapsulating attributes essential for organizations aiming to become Exponential. This includes a Massive Transformative Purpose (MTP) and 10 additional Attributes. Internally, they focus on Interfaces, Dashboards, Experimentation, Autonomy, and Social Technologies, forming the acronym IDEAS. Externally, they tap into Abundance with Staff on Demand, Community and Crowd, Algorithms, Leveraged Assets, and Engagement, referred to as SCALE Attributes. OpenExO members, over 18,000 strong, operate similarly to a decentralized McKinsey, operating across individual, organizational, and civic levels.
OpenExO's influence extends to its offerings, including AI-X, an AI-powered Chat Bot, Exponential Organizations 2.0, and ExO Implementation tools. These resources can aid in activities such as strategy building, MTP generation, and implementation of ExO Attributes. The impressive array of tools, coupled with the abundance of knowledgeable members in the community, provides substantial value to those seeking to transform their companies or assist others in doing so.
The latest milestone for OpenExO was a Venture Round investment at 01 January 2020, facilitated by Exponential Ventures. This last investment signifies a continued interest and confidence in the vision and potential of OpenExO.