Saturday, October 17, 2015

The Monthly Strategy Highlight of the “Future of CIO” Oct. 2015

The strategy is the light to guide you ahead, not the hand to walk you through.


The “Future of CIO” Blog has reached 1.1 million page views with about #2251th blog posting in 50+ different categories of leadership, management, strategy, digitalization, change/talent, etc. blog posting. The content richness is not for its own sake, but to convey the vision and share the wisdom. Here is the monthly strategy highlight of the “Future of CIO” blog.
A digital strategy is cross-functional effort and multidisciplinary, multidimensional planning; it brings up new functions, roles, and responsibilities, collaboration, demand for intuition and emergence, complementarities, philosophy, neutron sciences, and trans-disciplinary businesses. But these are not new per se. The frameworks of thoughts, consciousness and maturity assessments apply to strategy, then, now and in the future.
The Monthly Strategy Highlight of the “Future of CIO” Blog Oct. 2015
  • Three Questions to Assess a Person’s Ability to Think Strategically: There is no doubt that strategy becomes more important, not less in organizations large or small today, because of the fierce competition, rapid changes, and hyper uncertainty. Digital professionals have to continuously set up standards of competence and ability to enforce professional responsibility, with good intentions, and having capabilities to think strategically, but is there such one question to ask to determine a person’s ability to think strategically?


  • Strategy Design vs. Strategy Execution: Which One is More Important: The word "strategy" is pretty amorphous with so many individual interpretations and nuances of its meaning that conversations about it often go astray amidst a blizzard of the latest buzzwords. A strategy is a detailed plot to beat the competition, coauthored and in effect owned by a critical mass of thought leaders in a company. More than 70% of strategy execution fail to achieve the expected result. Is it caused by strategy or execution? Strategy design and strategy implementation, which one is more important?
  • Five Aspects in Digital Strategy: Digital strategy is the compass to navigate through the digital transformation journey in organizations today. So it's important to outline the strategic intent and frame the strategy to be understandable and implementable. Otherwise, people's different interpretations yield many unintended consequences. Then, it is vital to actively socialize the strategy to confirm its intent and understandability by those who will guide the implementation. Here are five aspects in crafting and implementing a digital strategy.


  • Vision vs. Strategy: Vision is where or who you want to be and Strategy is how you can achieve or reach your goal. An unclear vision leads to defective strategy. Visions inspire; strategies compel; vision comes first, but sometimes vision appears and gets clear by working on the strategy. A vision describes the desired future position of the company. A strategy is an action or ways chosen to bring about the desired future, such as achievement of a goal.


  • Digital Master Chapter III Introduction -Digital Strategy: A digital strategy is cross-functional effort and multidisciplinary, multidimensional planning; it brings up new functions, roles and responsibilities, collaboration, demand for intuition and emergence, complementarities, philosophy, neutron sciences, and trans-disciplinary businesses. But these are not new per se. The frameworks of thoughts, consciousness and maturity assessments apply to strategy, then, now and in the future, read "Digital Master - Debunk the Enterprise Digital Maturity t" to explore the magic components of a good digital strategy.

Blogging is not about writing, but about thinking and innovating the new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes the time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.

0 comments:

Post a Comment

Twitter Delicious Facebook Digg Stumbleupon Favorites More