Many come to believe that boundaries are not tangible places of resistance but are only self-imposed limitations we place on ourselves to hide our own fear to move forward.
We are experiencing the dynamics of the most significant business transformation since the industrial revolution. The majority of us will work in an organization that is somewhere between old and new; at both industrial speed and digital speed; It is more critical than ever to maintain the right level of digital balance. In fact, striking the right digital balance is a never-ending business life cycle.
Manage Digital Tension and Strike the Right Balance
How to Manage Digital Tensions for Thriving in the “VUCA” Business New Normal? Companies today have huge pressures to survive and thrive in today’s hypercompetitive economic dynamic. There are business tensions between old and new; physical and virtual, silo and connectivity. Majority of well-established companies today are running at both industrial speed and digital speed. It's so easy to get stuck in the “comfort zone,”instead of adapting to changes and bringing advancing thinking and progressive activities to light. Business leaders and managers must contemplate how to break down those old thinking boxes, and manage digital tensions to thrive in the "VUCA" business new normal?Are You Running a Stable Business or a Stagnant Organization With the exponential growth of information, businesses need to grasp opportunities for growth but also manage risks effectively. With increasing pace of change and fierce competition. Organizations must keep the lights on and also make strategic movements all the time. Stability is not equal to stagnation. Like running up to the string, you have to strike the right balance.
Accelerate Digital Transformation via both Hard and Soft Way Organizations large or small are on their digital transformation journey, although there is no one size fits all solutions to ensure the change success, it is important to take a systematic approach, strike the right balance of “push” and “pull” from multiple directions, and accelerate digital transformation via both hard and soft way.
How to Drive a Frictionless, Immersive, and Relentless Digital Transformation Due to the abundance of information growth and disruptive nature of technologies, forward-looking organizations empower their IT to drive changes and lead the digital transformation. The thing needs to be clarified is that digital is not just about applying a few fancy technology gadgets or designing a cool website, it is much broader and deeper than that. Digital transformation is also not just about using the latest technologies as a single dimensional enhancement, but a multidimensional evolution based on sociocultural, sociotechnical, socioeconomic, organizational, scientific, philosophical, psychological, and artistic, etc., lens. These dimensions interact and mutually influence each other. It is the digital paradigm shift. The visionary digital CIOs must continually ask themselves: How to run IT as a change agent, and how to drive a frictionless, immersive, and relentless digital transformation?
Achieve Digital Equilibrium via Delicate Balance Digitalization means hyper-connectivity, over-complexity, and interdependence; it blurs the geographical borders, functional borders, organizational borders, industry vertical borders and knowledge domain border. Many come to believe that boundaries are not tangible places of resistance but are only self-imposed limitations we place on ourselves to hide our own fear to move forward. The black and white boundaries continue to diminish in the 21st century due to the occurrence of increased economic integration, digital dynamic characterized by the movement of information, people, and businesses. Therefore, it is more critical than ever to maintain the right level of digital balance. In fact, striking the right digital balance is a never-ending business life cycle.
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