Saturday, September 19, 2020

The Monthly “Digital Fit” Book Tuning: Business Culture Fit Sep. 2020



The purpose of “Digital Fit: Manifest Future of Business with Multidimensional Fit is to share insight about multidimensional enterprise fit from digital characteristics, organizational structure, change, knowledge, and talent perspectives; evoke critical and paradoxical thinking about digital “fit vs. misfit,” spark healthy debates on how to define and develop true digital fit, and build a fitting working environment to inspire creativity and accelerate digital transformation.

                

   Business Culture Fit  


The Corporate Culture Navigation via a Set of Inquiries The corporate culture is the most critical soft key factor to decide the business’s success in the long term. Culture is an amalgamation of people, their core values, socioeconomic realities, lifestyles, and education. Culture is the framework in which strategy is held for effect business benefit and growth.

Cultivate a Culture of Innovation Although everyone talks about innovation and many companies intellectually understand innovation, they don’t really know how to build innovation into their culture. In many cases, companies of all sizes, especially large corporations have become too dependent on satisfying corporate regulation or protocols, and get sucked in innovation management. In essence, innovation rejuvenation is truly about how to cultivate a culture of innovation and manage a balanced innovation portfolio.

Building a Set of “Digital-Ready” Cultures Organizations large or small are on the journey of digital transformation, strategy making is important, strategy implementation is challenging, and one of the most critical business success factors is organizational culture, which is invisible, but powerful to fail a good strategy. Culture is a collective mindset, attitude, and it is shaped based on policies, procedures, rewards, and retributions that drive behavior and it is the employee behavior that expresses "culture." In order to drive a successful digital transformation, how to build a “Digital-Ready” culture, though?

Three Aspects of Culture of Improvement Every organization exhibits a culture. Culture is the collective mindset, attitude, and behavior. The departments within the organization have a culture. Anytime people work together for an extended period of time, a culture is formed. It’s the force that guides and directs how people will interact with one another and deal with those beyond their group. To expedite digital transformation, it is important to develop a culture of continuous improvement. Even a very small improvement can leverage a new way of doing things, bring an outside view, and shift the paradigm to get digital ready.

A Solution-Driven Culture Businesses "fail" for a multitude of reasons including economic conditions, vendor management, performance or production, industry regulations, expansion costs, and the list goes on. Look at the primary causes behind the fall of the business, from an internal management perspective, which failures are you talking about? Is it capital investment failure or functional management failure? Is it leadership failure, or an individual’s failure? Are the failures caused by soft business elements such as communication, culture, or hard elements such as product/project/process/service, etc? And when failure happens, are you finger-pointing or problem-solving?

The “Future of CIO” Blog has reached 3 million page views with about #7100+ blog posting in 59+ 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, to inspire critical thinking and spur healthy debates. Blogging is not about writing, but about thinking and innovating 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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