Monday, August 6, 2018

The Monthly Foresight: Explore the Digital Paths to Reinvent Business Aug. 2018

The effects of an increasingly digitalized world are now reaching into every corner of businesses and every aspect of organizations. Digital is the age of creativity and innovation, creativity is the most wanted trait for digital leaders and professionals today, and innovation is the light every organization is pursuing. Which themes shall you set to advocate digital transformation? How to lead to the digital future effortlessly?

         


 Explore the Digital Paths to Reinvent Business


Reimagine the Future of the business for Exploring the Digital Minefield Innovatively: The very characteristics of the emerging digital era are velocity, uncertainty, complexity, and ambiguity, with the faster pace of changes and exponential growth of information. The digital companies are hyperconnected and interdependent. They have amazing digital traits such as adaptability, differentiated competency, innovation, customer-centricity, empathy, and participation. The organization of the future is designed openly for anyone with ideas on how human organizations ought to be contrived in face of “VUCA” digital new normal and explore the digital minefield innovatively.

Look Back and Look Forward to Leading Digital Transformation Confidently Organizational change and digital transformation are inevitable. As the matter of fact, the life cycle of business today grows shorter and shorter because of increasing pace of changes, overwhelming growth of information, and demanding of shareholders. The business transformation journey is full of velocity and uncertainty, thus, a clear vision is in demand. Vision is the ability to see beyond what is to what could be. It is the synthetic view of ‘looking forward,” and “looking behind,” “looking beyond,” and “looking around.” But more specifically, how can digital leaders today look back and look forward to leading digital transformation?

How can IT Evolve to Investigate different paths for the potential future of the Organization? The emergent digital technologies and tools provide the business with new opportunities to reimagine the future of businesses. Digital is the age of customers. Digital leaders today need to realize that continuous adaptability is necessary in a continuously changing world. IT plays a crucial role in leading the digital transformation of the business. So, how can IT evolve to investigate different paths for the potential future of the organization?

The “Digital Way” of an Organizational Structure and Beyond? Organizations large or small are on the journey to digital transformation, and there are different theories of organizational structure evolution and continuous brainstorming about the concept of self-management, the format of future of the organization etc. The whole point is how to build a more creative and productive working environment in which the employees’ talent can be unleashed; and business as a whole is more optimal than the sum of pieces, in order to adapt to the change with the accelerating speed? Ultimately, what's the digital way to run a business?

Digital Journey: From Vision to Orientation The roadmap is a commonly used tool to communicate long-term thinking effectively. Strategists, planners, and architects use road-maps to communicate their vision of strategic capabilities and competencies. From vision to orientation, it is a logical step for organizations to prepare for their digital journey.

The “Future of CIO” Blog has reached 2.5 million page views with about #4800th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. 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 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.

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