Wednesday, February 28, 2024

Initiatives

 Isn't it a tough journey to explore the world, and pursue the digital way of brainstorming, innovating, motivating, and story-telling?

T
he “Future of CIO” Blog has reached 10 million page views with 11,500+ blog postings in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The “Digital Master” book series includes 29 books to share insight from the multidimensional digital lens and perceive the multi-faceted impact the digital era upon us is making on businesses and society. The content richness is not for its own sake, but to convey the vision and share the wisdom. Here is the weekly insight of innovation leadership, IT Management, and Talent Management.

Initiatives We live in a diverse and dynamic global society with a multigenerational, multi-device workforce, multipolar knowledge centers, multi-cultural wisdom, and multifaceted innovation, etc. The journey of globalization is more evolutionary than revolutionary; curvature than the straight line. It is critical to strike the right balance, think big and small; understand both narrow and wide, assess both low and high; put a stronger emphasis on empowering people, refining information & knowledge; and catalyzing innovation, to reach the next level of business maturity.

Initiatives The pervasive information growth and frequent disruptions mean change is the norm and happens the whole time. The speed of change is accelerating. Either individually or from an organizational perspective, managing change is no longer a one-time initiative, Change Management turns out to be a strategic ongoing capability in today’s business dynamics.

Initiatives We live in a dynamic environment with information exponentiality, rapid change, and unprecedented uncertainty & ambiguity. If business vision is more art than science, then realizing it is more science than art. There is an alignment between strategic goals and business initiatives management, and there is a road mapping from vision to implementation with the logical scenario.

Initiatives Any initiative should have a business objective associated with it. The management needs to check how the business initiative differentiates the organization from its major competitors. There are strategic initiatives and tactical initiatives; functional initiatives and cross-boundary initiatives, local initiatives or global initiatives; quick win or long-term focused initiatives, identifying what generates the most value for the company and expressing that in strategic objectives helps managers keep their eyes on what matters: Can the business initiative differentiates the organization from its competitors? Are they competing for the best quality, cost advantage, or efficient value chain? Are the initiatives able to improve employee/customer loyalty and enhance organizational reputation?

Initiatives The digital world is moving into a hyper-connected and interdependent relationship under the “VUCA” business new normal. There are functional initiatives and cross-functional initiatives, quick win or long run focused initiatives, identifying what generates the most value for the organization and expressing that in strategic objectives helps managers keep their eyes on what matters, align resources and talent smoothly, and improve business agility and competency.

Blogging is not about writing, but about thinking of new ideas; sharing, and innovating. 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 take 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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