A new methodology for a changing world ExO Works announces FTSE 100 ExQ rankings Hult Blog

Written by Laura Chung, a Hult staff blogger. Companies are growing, and failing, faster than ever before. It is predicted that in 10 years, 40% of todays Fortune 500 companies will no longer exist. In a world of rapidly evolving technologies and globalization, companies that leverage exponential technologies and embrace a shifting global business mindset will adapt and thrive in this era being dubbed the fourth industrial revolution. [Tweet In 10 years, 40% of todays Fortune 500 companies wont exist.] ExO Works is an advisory firm that was founded in response to the growing need to help organizations adapt and transform. They’ve developed the Exponential Quotient (ExQ) score, which provides a framework that indicates an organization’s ability to adapt and scale with the agility required to thrive in a new era of accelerating, or exponential, technologies. Hult students helped ExO Works to measure each of the FTSE 100 for these attributes and score them accordingly. The ExQ FTSE rankings were announced on Thursday 28 June at Hult’s Ashridge campus in Berkhamsted U.K, with Vodafone, Barclays, and Burberry all making the top ten. You can see Salim Ismail, Co-founder and Chairman of ExO Works, announcing the rankings in the video below: Hult’s President, Dr. Stephen Hodges, said of the collaboration: â€Å"The challenge that all schools are facing right now is how do you train students for jobs that don’t exist yet? Hult is adapting to that in a number of ways: for example by introducing them to the newest concepts in business, like ExO Works’ Exponential Organizations. Also by ensuring they have access to the very latest developments in technology, through initiatives like our new nano courses, which focus on disruptive technologies and their implications for business. And finally by exposing them to cutting edge thinking through opportunities for research and collaboration with innovative companies.† Salim Ismail, ExO Works’ Co-founder and Chairman, and co-author of the bestselling Exponential Organizations, has partnered with Hult on a number of occasions. He recently spoke at Hult’s London campus as part of the schools worldwide Day of Disruption and last year worked with Hult faculty to produce the ExQ (Exponential Quotient) ranking of the Fortune 100. This year, Hult students were involved in researching each of the FTSE 100 and mapping the information to the ExQ framework. It was an intense research project to add to an already busy schedule. So what made students want to participate, and what did they get from the project? We spoke to four MBA students who took part to find out: So, why did you decide to take part in researching the FTSE 100 for the ExQ rankings? â€Å"I heard Salim Ismail talk at Hult’s Day of Disruption and I was really captivated by his speech. So I jumped at the chance to work with him and his team,† said Alex Houghton (British, MBA Class of 2017) Jane Furness (Australian, MBA Class of 2017) also heard Salim speak: â€Å"I was very impressed with Salim at Hult’s Day of Disruption so that’s what initially drew me to the project. Throughout my entire MBA program, any extracurricular experience I could get that could help bridge my career from where Ive come to where I want to be, I’ve taken.† It was intriguing, analyzing the FTSE 100 in terms of how forward-thinking they were. Peter Hemingway (American, MBA Class of 2017) and Rodrigo Forte (Venezuelan, MBA Class of 2017) were fascinated by the concept of Exponential Organizations and wanted to know more. â€Å"I thought it was intriguing, analyzing the FTSE 100 in terms of how forward-thinking they were. I thought it would be a good learning experience to dive deep into the companies and see how they stacked up† said Peter. Rodrigo had similar motivations: â€Å"What got my attention was the fact they were creating this framework to predict whether or not a company would be able to adapt and scale very quickly, and I wanted to know what was behind it.† The teams from Hult and ExO Works at the announcement of the ExQ FTSE 100 rankings. From right to left: Rodrigo Forte, Frederik du Bois, Alex Houghton, Mila Vukojevic, Peter Hemingway, Jane Furness, Salim Ismail, Stephen Hodges. What skills did the project help you to develop? Rodrigo: â€Å"Learning more about the agile framework was very useful. We’d been introduced to it in class but being involved in this project meant that I did a lot of independent research and now I have a much deeper understanding. Extracurricular activities only enhance your MBA experience and you actually get much more out of the program if you take part.† Jane: â€Å"I didn’t know much about the FTSE 100 before I started this project so to learn about the inner workings of the companies was incredibly interesting. The most significant thing I’ve got out of my extracurricular projects, like this one for ExO Works, is the networks I’ve built.† Extracurricular activities only enhance your MBA experience and you actually get much more out of the program if you take part.† Peter: â€Å"You need to be able to put theory into practice – projects like this test the skills we’re learning in class and push you outside of your comfort zone and force you to engage with people you don’t come across in class.† Alex: â€Å"The purpose of an MBA is to explore business, gaining as much experience as you can out of primary research: actually doing it is fundamental to learning.† Find out more about ExO Works by visiting their website and read the ExQ FTSE 100 rankings in full here. Watch highlights of Salim Ismail’s fascinating speech at Hult’s Day of Disruption here. Read more about Hult’s other student-led research projects with companies including Airbnb, Google, and Ferrari. If you would like to find out more about our business programs,  download a brochure here. Laura Chung is a staff blogger and Hults Global Head of Copy Editorial. Previously a senior copywriter in PayPals Worldwide Creative Studio, she has also written and designed e-learning courses for many well-known brands including Microsoft, Redbull, KPMG, and BT. Laura believes passionately in the power of storytelling in both marketing and learning and indulges her love of stories by writing creatively in her spare time. Hult offers a range of highly skills-focused and employability-driven business school programs including a range of MBA options and a comprehensive one year Masters in International Business. To find out more, take a look at our blog AI big data: Hult builds the next-gen curriculum. Download a brochure or get in touch today to find out how Hult can help you to learn about the business world, the future, and yourself. Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .