Organizations have their own set of strengths and vulnerabilities. They have to keep evolving, improving, collaborating, and innovating to become digital-savvy and reach the next level of organizational maturity.
Organizations today across the industrial sectors aim to become digital-savvy, move into a more advanced stage of digital deployment by tailoring their own unique strength and business competency.Individual Perspective: In individuals, strength, particularly a strong ego, is characterized by objectivity in understanding the external world and self-awareness; the ability to organize activities and maintain plans. Resisting immediate pressures while making thoughtful decisions. Directing drives into useful channels. Conversely, weakness is marked by impulsive behavior; feelings of inferiority; a fragile sense of identity; unstable emotionality and excessive vulnerability; distorted perception of reality
Organizational Perspective: Organizational strength is reflected in top management support for innovation, rewarding individuals who push for innovation, dedicated resources for innovation, a diverse workforce that welcomes new ideas, open communication and easy implementation of innovation, and a willingness to experiment. Weaknesses in an organization can include a weak brand presence, a lack of differentiation, inefficient systems, limited capital, or outdated technologies. Addressing these weaknesses is crucial for growth and resilience against external threats. Strong organizational cultures can provide stability and clear decision-making frameworks, but may also inhibit necessary transformations.
Organizations have their own set of strengths and vulnerabilities. They have to keep evolving, improving, collaborating, and innovating to become digital-savvy and reach the next level of organizational maturity.
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