In this episode of the Siemens Energy Podcast we chat with Salim Ismail, founder of OpenExO and ExO Works. Salim speaks about the challenges that large organizations face when dealing with innovation (and shares some strategies to deal with those challenges). He also shares:

• How technology is delivering abundance
• The shift from businesses built around scarcity to businesses built around that abundance
• How companies with the highest ExO scores build, innovate, and disrupt (and how much speed matters in the process)
• What a “Gutenberg moment” is and just how many are currently happening 
• The mindset necessary to build disruptive technologies and companies
• The four Ds that sectors go through when accelerated by technology:
• Digitization
• Disruption
• Demonetization
• Democratization

Salim also gives an example of what smaller energy companies might do to take on large incumbents: various firms are exploring hemp waste as a viable source of graphene, which currently costs around $100/gram. Graphene is used in applications from anti-corrosion paints to efficient solar panels to faster DNA sequencing.

Salim’s optimistic and solutions-oriented mindset towards the challenges and problems that many companies are currently facing is inspiring and we know you’ll enjoy hearing his perspectives.

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