Welcome to our blog, the digital brainyard to fine tune "Digital Master," innovate leadership, and reimagine the future of IT.

The magic “I” of CIO sparks many imaginations: Chief information officer, chief infrastructure officer , Chief Integration Officer, chief International officer, Chief Inspiration Officer, Chief Innovation Officer, Chief Influence Office etc. The future of CIO is entrepreneur driven, situation oriented, value-added,she or he will take many paradoxical roles: both as business strategist and technology visionary,talent master and effective communicator,savvy business enabler and relentless cost cutter, and transform the business into "Digital Master"!

The future of CIO is digital strategist, global thought leader, and talent master: leading IT to enlighten the customers; enable business success via influence.

Sunday, February 5, 2023

Illustratelogic

Logic is neither the same as conventional wisdom nor linear understanding nor arithmetic rules only.
The business world is complex, to understand things insightfully, we have a predisposition to seeking patterns, or potentially in the pursuit of logic. Logic is based on information oriented reasoning with different scenarios to diagnose it and multiple ways to solve it. 

You have to challenge automatic assumptions or the existing business best practices because they are perhaps outdated already, clarify logic of crucial problem-solving, improve organizational management practices.


Logical understanding of a specific cause and effect in a specific context for problem-solving with multidimensional thought processes: The most important capability of the cognitive mind is the willingness and ability to seek out knowledge, gain in-depth understanding of issues or people, always challenge conventional understanding and ensure that the question itself is corrected before answering, make logical reasoning about cause-effect, and address our ignorance and the assumptions objectively.

With the rapid growth of information and fast-paced changes, it’s important to challenge conventional wisdom and eliminate pre-conceptual assumptions or unconscious bias. Make more logical “assumptions,” discover interconnectivity and interdependence. Because when the assumption is wrong, the conclusion will also go wrong. Being insightful is the ability to see through things on the surface, either from the broader lens or deeper perspective, clarify logic via objective perception, contextual understanding, and paradoxical empathy, etc, to improve decision intelligence.

Logical steps to follow in effective problem-solving to ensure you are doing the right things, before doing things right: For problems that matter, it cannot be done asynchronously. Usually problem-solving is based on ‘logic.’ There are many thought processes behind problem identification and there are various step-wise approaches to solve problems seamlessly. The combined costs of many decisions without the benefit of risk management can be staggering, or even devastating to their business.

Identify and close all sorts of blind spots, break down bottlenecks, bridge a variety of gaps. Look out of the problems before looking into the problems in order to define the right problem and solve it in a structural way. In a dynamic business environment, before you know it, you are changing, the team is changing, bringing more people into the circle of change over time, breaking down the status quo and breaking through conventional wisdom, to be informative and inquisitive in logic problem-solving with coherence.

Logical perspective of risk identification and management: Lack of risk awareness creates more blind spots uncovered and gaps unfilled. People with strong logic are able to identify problems even if they are small, identify patterns, increase risk-awareness, set the right risk appetite, have great aptitude to understand the "complexity" of the given situations, and drive risk-intelligent attitude and behavior.

Every risk has opportunities in it; every opportunity implies potential risks. If a system has reached complexity, then you have to look more to the patterns of it, rather than the static views that most business practices. Only after extensive observation, can you gather adequate data, and only after studying each independent process by asking questions about each independent variable, and the samples you collect, can you make inductive-deductive logic smoothly. A successful understanding of risk leads to survival by mitigating risks, and then the accumulation of enough resources to thrive by building risk intelligence and improving organizational maturity.

Logic is neither the same as conventional wisdom nor linear understanding nor arithmetic rules only. Logic is often nonlinear and multidimensional in today’s “VUCA” world. Strong logic enables people to infer and defer, preliminarily understand the extent of any problems or conditions, grasp truths, facts. Logic enables us to uncover patterns and understand the interconnectivity underneath the surface, or unpuzzle the myth behind intelligence

Initiativesofgrc

Strong GRC discipline is about enforcing decision effectiveness, getting the people, culture, accountability, and performance right.

Governance is about steering the organization in the right direction. Lack of governance effectiveness will expose the business to the high risk environment. 


The flavor of GRC practices depends on the nature of the business and the level of the organizational maturity. Good governance is less about structures and rules than being focused, effective and accountable. The key dimensions of corporate GRC are accountability, strategy oversight, policy-enforcement, risk intelligence, compliance enhancement, and performance monitoring

Business initiatives are overseen by a GRC group: It's important that the business initiative has senior sponsor support and strong governance discipline, focusing on what the organization needs to look like alongside the impetus and sense of urgency, toward the destination at the right speed. Otherwise, the initiative will go to the bottom of the pile.

Business initiative management is crucial to build business capabilities, improve risk intelligence, and avoid pitfalls for leading long term business success. To improve the success rate of business initiatives, portfolio management as a strong governance discipline ensures the effectiveness of project implementation and benefits get realized, they need to work hand-in-hand in business governance efforts.

Business-architecture can be used in governance efforts that help management gain an in-depth understanding of their risks and conducts: Governance as components of the business architecture, includes business rules, legal requirements, operational requirements rules, financial compliance to enhance management disciplines. An enterprise architecture review board, has oversight for all enterprise architecture-related programs portfolio.

There are varying governance activities such as delegation of authority, auditing, or strategy monitoring, etc. Enterprise architecture as a governance enabler can be used to raise visibility and awareness for many business issues that are captured at the different levels of the organization in order to improve business agility and resilience.

Governance and compliance: “Do you see corporate governance as a compliance matter?" The question itself reflects the need for a paradigm shift." Compliance is part of governance, in fact, depending on the industry and company situation, a well-governed organization practices proactive governance disciplines, from taking compliant activities to being compliant for increasing organizational effectiveness.

Being proactive means keeping abreast of standards and auditing to all regulations that may affect the company. It is a continuous process that keeps you current and diminishes the outcomes of not being compliant. So you are able to focus on improving the top line of the business growth and prosperity.

Strong governance discipline is about enforcing decision effectiveness, getting the people, culture, accountability, and performance right. It requires constant attention and needs to make appropriate adjustments. Otherwise, it will stagnate and lose its ability. Highly-effective governance practitioners play a significant role in setting the common worldwide principles to enhance a diversifying ideas-clarifying concepts -unifying beliefs cycle of world class insight, lifting their organizations up to the next level of business growth and balance cycle.



Illumination

There’s -misleading moment, there’s “aha” moment; there’s great potential to -unleash, amazingly; but most critically, there's purpose behind, leads to- human progress, collectively.


T
here is -

a time and place for all things.

There are boundaries to-

what is appropriate and when;

There’s time to -

break down conventional wisdom,

outdated, knowledge,

“we always do things like that,”

mentality, boldly.


There is time to- sow,

there’s time to harvest;

there’s peril, promise;

there’s plateau,

bottom of sea,

There’s mountain top,

green oak,

on the journey of life adventure,

amazingly.


There’s time to-

strengthen new established chains of-

fitting mindsets;

there are times,

when all you need to -

convey your feelings is-

a look or a touch,

deeply;

there are times when -

silence conveys -

things better than words,

cool your head;

calm down, profoundly.



There will be-

many different fixing of today,

could it become a problem tomorrow?

There is the time to-

break down -

outdated concepts, traditions,

there is the time to-

bend over the rules,

break down the chains;

there is -

the time to set new principles,

explore better ways to-

do things;

There are times when-

speed matters.

there are times,

when it is necessary to -

slow down, cautious-optimistically.



There’s -

misleading moment,

there’s “ahea” moment;

there’s great potential to -

unleash, amazingly;

but most critically,

there's purpose behind,

leads to-

human progress, collectively.

Unleashpotential

There are physical potential, intellectual potential, and spiritual potential.
We live in a time of rapidly changing technology and business dynamics at the dawn of the Digital Era, The knowledge life cycle is significantly shortened, and a huge skill gap in the workforce needs to be filled due to the continuously updated technology and regulation, digitalization and globalization, etc. 

The book “Talent Master - 199 + Questions to See Talent from Different Angles“ is the guidebook to help digital professionals shape their digital fit mindset, improve multidimensional digital intelligence, build a unique set of digital capabilities, inspire creativity, improve professionalism, and unleash their full talent potential.

          Unleash Potential

Initiativesforunleashingpotential We are in a time of tremendous change, the dawn of the digital age, the path to the next level of professional growth or maturity. Either individually or collectively, discovering the hidden potential inside you is a worthwhile journey. From a talent management perspective, the potential is about future performance. Business leaders need to contemplate: Does the reference to "human potential" begin and end with one individual? Or does it encompass collective potential? Individuals need to step outside the box and challenge perception, push themselves to the limit, their limit. Collectively, it’s important to build competitive teams, organizations, societies with complementary mindsets, expertise to unleash human potential smoothly.

UnleashpotentialityContemporary societies encourage self-discovery and autonomy. Human potential is really a myth. There are physical potential, intellectual potential, and spiritual potential. How to discover people’s innate talent, strengthen their strength, put the right effort on unleashing collective potential, and improve organizational long term prosperity”?

Innovativepotentiality With the digital evolution and innovation taking place in organizations globally, the management must be mindful that the driving force behind the success and prosperity of organizations are employees. How well does the individual continue to perform and grow in their current roles, how likely are they to take on new challenges at work, rapidly learn and grow into next-level roles, or roles that are expanded and redefined as the business develops? Does "human potential" begin and end with one individual? Or does it encompass collective potential?

Unleashpotentiality Human Capital is about potential, if unleashed, can transcend the organization or our society to reach the next level of maturity. It’s the individual, culture, circumstances, and society that sets a limit on that unlimited potential. Either individually or collaboratively, potentiality includes the overall ability to perform in the future unlocking potentiality; talent development should be consistent efforts and ongoing practices to unleash potential and improve professionalism.

Innovating via Tapping Potential Human potential is really a myth. Not only there's known upon unknown, also unknown upon the unknown. There are physical potential, intellectual potential, and spiritual potential. Potentiality is “raw,” but it’s the worthy investment and hidden dimension to build unique capabilities, explore the emerging opportunities, and catalyze innovation either individually or collectively.

The “Future of CIO” Blog has reached 5 million page views with about 10400+ 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; 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 your voice, deepen your digital footprints, and match your way for human progression.

Illuminateparticularly

There is- a set of circumstances, facts, surrounding a particular event, situation, aren't you limited by-a particular perspective? Can you look at it, in multiple different directions, insightfully?
Creativity is about -

discovering patterns,

hidden underneath,

particularly the way,

you can navigate from-

pattern to pattern,

learn about -

a problem space,

applying diverse solutions,

in combination,

smoothly;

should you-

change modes according to circumstance,

not try to -

set a particular mode into -

every circumstance,

inflexibly?


There are-

different circumstances, facts,

surrounding a particular event, situation,

aren't you limited by-

a particular perspective?

can you look at it,

in multiple different directions,

insightfully?


Asking the right questions helps to -

validate how thorough,

your thinking is on -

a particular issue.

It takes a lot of -

habit-breaking exercises –

the act of -

looking at -

all the different elements,

affect a particular transformative change,

thoroughly.


If one has understood -

a certain thing in -

a particular way,

they might limit their imagination, 

clog their vision,

un-explore their potentiality;


There are -

inherent dangers of -

too much information,

particularly because of -

inconsistencies, incoherence,

in the body of -

knowledge surrounding us,

overwhelmingly;

talking, sharing, collaborating can make-

a good idea really comes to life;

particularly where you can't bring-

everything to fruition yourself,

completely;

can we criticize,

bring fresh viewpoints,

complement each other's strength

honestly?

Illuminatearise

A new paradigm arises -out of - fresh mindsets, knowledge, practices, broaden horizon to-convey a clear vision, visualize big picture about changes, engage, participate, innovate, adventurously.

Vision arises as -

guiding light,

people can see themselves,

their work reflected in it;

something you see,

others don't,

a foresight with -

a clear choice,

among future scenarios.


Passion arises,

as innate motivator;

if imagination flows,

freely,

supported by -

thought and feeling with fluidity,

following passion requires -

a good sense of judgment;

you are on the right path to -

the vision you set,

confidently,

otherwise,

passion fades away,

gradually.


Conflicts arise between -

different groups,

with their own senses of -

belief, reality,

strength, weakness;

disagreements, antagonisms arise-

unsurprisingly;

cause people to-

rationalize their own sense of -

reality by -

disempowering,

ignoring others’ viewpoints.

insensitively.




When problems arise,

it’s best to -

pause and reflect before -

reacting,

develop healthy psychology,

apply interdisciplinary knowledge to-

understand real issues underneath,

articulate -

how those arise;

analyze -

how things actually work,

in order to overcome challenge,

thoroughly.


A new paradigm arises -

out of -

fresh mindsets, knowledge, practices,

broaden horizon to-

convey a clear vision,

visualize big picture about changes,

engage, participate, innovate,

adventurously.


Saturday, February 4, 2023

Initiativesoforganizationalreinvention

The “organizational design” issue is really about how to build the best mixture of important elements that enable the organizational interdependence, enforcing business interconnectivities, and harnessing business relationships to improve business maturity seamlessly.
Many organizations today are operated between the mix of old and new; different departments within the company are run at varying speed. Organizational design needs to be understood holistically and applies “simplicity” principles to architect and design an ecological organization that can self-develop, self-adapt and self-renew, being able to reconfigure its own structure and change its own behavior to adapt to environmental changes dynamically and improve organizational agility and maturity.



Organizational reinvention needs to expand the lens for catching a holistic business perspective: Organizational design is the ultimate expression of the organization’s strategy because it reflects the resource allocation and configuration of the value-creating business processes and capabilities. Whether it’s organic or whether there should be a corporate function of organizational design all depends on the nature and culture of the organization, the level of its business maturity, and the extent of rapid changes around the organization.

The pyramidal structured organization brings up a certain level of efficiency, but creates silo and friction cross-functionally. People are ready to move to a fluid organizational structure. Look at all key business elements, including the human element, as an integrated system and functions as organic living things.

Virtual organizational design expertise will become more important: The main reason corporations need to create new structure schemes and organizational designs is because business goals are not being met with current design and structure. In today’s hybrid businesses, the physical organizational structure, relationships, and virtual enterprise collaboration platforms and connections wrap around each other to ensure clear responsibility and seamless alignment.

There are connections between architecture, alignment, and integration. Flattening a corporate hierarchy serves no purpose if at the same time you flatten the intention and tenacity of people who are willing to lead and take chances to change proactively. Individual work and group work cannot be done as segregated, but within a framework of an entire business ecosystem.

The reinvention of a digital organization needs to integrate the organizational design into business process design and organizational re-engineering:
Process people are best suited for information/ workload flow mapping, but organizational design people and senior management are best suited for realigning functions and management.

To optimize the organizational structure and accelerate business performance, business management enables employees to do their work more productively and shape a people-centric organization. Organizational design and development could regain some of the reputation it once had if they focused more on the root causes that employees are not engaged fully and not spend so much time chasing and trying to treat the symptoms.

Organizational redesign is a constant effort. Whether it’s organic or whether there should be a corporate function of organizational design all depends on the nature and culture of the organization, the level of its business maturity, and the extent of rapid changes around the organization. The “organizational design” issue is really about how to build the best mixture of important elements that enable the organizational interdependence, enforcing business interconnectivities, and harnessing business relationships to improve business maturity seamlessly.

Illuminatenovelty

To awaken innovation in the well-established organization, business leaders and professionals should think as an intrapreneur and act as a startup manager.
Digital is the age of innovation. And innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. 

The purpose of the book “Unpuzzling Innovation - Mastering Innovation Management in a Structural Way“ is to demystify innovation puzzles in a structural way.



Novelty

Innovativeness Being innovative is a state of mind. The most important capability of the innovative mind is the willingness and ability to explore new lenses to understand things differently for solving problems in alternative ways. It’s about seeking out new knowledge, connecting wider dots to fuel creativity, developing an atmosphere in which people are encouraged to develop creativity and be innovative from an individual endeavor to a team activity to a collective effort for amplifying human potential.

Intentional Novelty Fundamentally either running a business or living life is an iterative problem-solving continuum. There are strategic problem solving from a long term perspective and tactical problem solving on a daily basis.Problem Solving with intentional novelty is about how to think unconventionally or from a new perspective, frame and solve problems creatively. In the business world, you can't always wait for the "best" solution to emerge. It is important to experiment, explore, and encourage a new way to understand tough issues and deal with them in an innovative manner.

IlluminatenoveltyLook at people, their activities; novelty-seeking behaviors; isn’t innovation -"intentional novelty bringing- sustainable benefit,” tangibly?

InnovationThe digital era upon us is about hyper-diversity and innovation. Innovation often has a lot to do with internal connectivity and external dynamic circumstances. Organizations today have to make strategic choices all the time of where, when and how they innovate.

Inspirecreativity Compared to the industrial era with silo setting, static knowledge and overly restrictive hierarchy inherited from the last century, the global world has become much more complex and smaller all at once due to blurred territories, cross-boundary interactions, intriguing business relationships, and diversity of talent. Business leaders and professionals should lay out different thinking, structures, and solutions to sees the world as interconnected, interdependent and integrated, develop global innovation agenda with following characteristics, take initiatives to solve bigger and tougher problems, scale up innovation effort, to help more people, businesses, industries, and societies for enhancing inclusiveness and unleashing collective human potential in a structural way.

The “Future of CIO” Blog has reached 10 million page views with about 10400+ blog postings 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; 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 your voice, deepen your digital footprints, and match your way to human progression.



"Unpuzzling Innovation" Amazon Order Link

"Unpuzzling Innovation" B&N Order Link

"Unpuzzling Innovation" iBook Order Link

"Unpuzzling Innovation" Book Slideshare Presentation

"Unpuzzling Innovation" Book Chapter 1 Innovation Classification

"Unpuzzling Innovation" Book Chapter 2 Innovation Principles

"Unpuzzling Innovation" Book Chapter 3 Digital Innovators

"Unpuzzling Innovation" Book Chapter 4 Connecting Innovation Dots

"Unpuzzling Innovation" Book Chapter 5 Digital Innovation Best & Next Practices

"Unpuzzling Innovation" Book Chapter 6 Innovation Paradox

"Unpuzzling Innovation" Book Chapter 7 Innovation Gaps and Pitfalls

"Unpuzzling Innovation" Book Chapter 8 Innovation Measurement

"Unpuzzling Innovation" Book Conclusion Mastering Innovation in a Structural Way

"Unpuzzling Innovation" Book Quotes Collection I

"Unpuzzling Innovation" Book Quotes Collection II

"Unpuzzling Innovation" Book Quotes Collection III

Illuminatelw

If you lose, are you able to you - calm down, learn something from it? Have you experienced- winning seems more like- losing, psychologically; can you deal with- lose-win, philosophically?

L
ife is -

a tough journey;

do not lose -

character;

because it is-

our personal identity;

do not lose -

intellectual curiosity,

because it keeps-

our journey meaningful, interesting,

on the way;

sometimes,

lose & win is -

the two sides of -

the same coin;

lose the game,

win the deal;

lose the mind,

but win the heart.


Winning could be-

reluctant, if the rules are-

blurred, to a certain degree;

losing could make you stronger;

if you gain -

fresh insight through it,

timely.


If you lose,

are you able to you -

calm down,

learn something from it?

Have you experienced-

winning seems more like-

losing,

psychologically;

does winning make you -

a step further in pursuit of-

truth, not just personal truth,

but objective truth,

professionally;

can you deal with-

lose-win,

philosophically?


Each one of us has-

an unknown amount of -

creativity, energy, potentiality,

do not lose -

courage to -

discover them,

adventurously;

do not lose -

passion in -

pursuing them,

inspirationally;

do not lose patience to-

keep sharpening them.

persistently.




Illuminateotherness

Shall we make -others more like us; or appreciate- others’ creative uniqueness; listen to -others’ viewpoints, to bridge-worldwide differences, harmoniously? Would sameness & otherness get along, to collaborate, compete, reinvent the world, ultimately?
Otherness sounds different;

sameness looks alike;

otherness criticizes;

sameness unifies,

otherness diversifies;

sameness synchronizes;

otherness breaks down -

outdated traditions;

sameness follows through -

common beliefs,

otherness is unique,

stands out to-

make differences;

sameness is standardized,

keep things in order;

isn’t “sameness vs. otherness" debate -

going on,

continually?


The idea of otherness is -

crucial to-

understanding how people think, act,

differently;

people feel intimidated by -

others because-

qualities & opinions of-

others challenging them,

unconventionally;

people dislike creativity,

in fear of -

freshness of the otherness,

promptly;

sameness makes people-

get stuck at -

comfort zone;

otherness alerts them-

out of stagnation,

immediately.



Shall we make -

others more like us;

or appreciate-

others’ creative uniqueness;

listen to -

others’ viewpoints,

to bridge-

worldwide differences,

harmoniously?

Would sameness & otherness get along,

to collaborate, compete,

reinvent the world,

ultimately?

Illuminateregret

Regretful mind should go with -reflective reasoning, not reflexive thinking; be concerned-if you can't move on, but regretting, continually; be alarmed if - a regretful emotion quagmires in you, diminish-your self-confidence. make you struggle, cause you stagnate, inevitably…

R
egretting comes if-

you make decisions,

deliberately without -

searching for information,

carefully;

making choices casually without-

thinking about outcomes,

logically.


Regret itself is -

not the problem,

it's what you do with it,

perhaps makes you -

even more regret,

later on;

a regretful mind can be suffering,

if it consumes -

too much of energy,

decrease -

emotional intelligence,

constantly.


Regret is -

a dwelling in the past,

a fixation on-

the occurred consequence of-

defects among assumptions;

the interpolation of unknowns from-

what was known,

you should not dwell upon it,

but learn from the past,

proactively.


Regretful mind should go with -

reflective reasoning,

not reflexive thinking;

be concerned-

if you can't move on,

but regretting,

continually;

be alarmed if -

a regretful emotion quagmires in you,

diminish-

your self-confidence.

make you struggle,

cause you stagnate,

inevitably…


Wallowing in regret to -

the point where-

it distracts from-

getting on with life is-

a problem,

but using regret as-

a motivator to avoid -

the same mistakes is-

beneficial, ultimately.

Understandingrisks

The flavor of GRC practices depends on the nature of the business and the level of the organizational maturity.

Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals. The important characteristics of digitalization are over-complexity, uncertainty, and ambiguity.

Hence, GRC (governance, risk management, and compliance) becomes more critical than ever. Here's the context; how should GRC programs be approached? Should technology be a driver? Can you achieve any level of GRC without automation? Can you achieve any level of GRC without people? What is the real driver of GRC? Modern corporate boards play significant roles in guiding businesses in the right direction and achieve expected business results. Here are the multiple perspectives of shaping a strategic boardroom with digital acumen.


Understanding of Risks


Initiateriskanalysis Nowadays, opportunities and risks co-exist, risk management is the discipline of managing risks and opportunities; risk intelligent organizations allocate sufficient time to identify opportunities whilst they are managing their risks. Strategic risk management actually creates value by identifying opportunities to capitalize on uncertainty and volatility to maximize gains and improve competitive positioning.

Initiateriskassessment In business, every day is a risk, when a company embarks on a growth strategy, the risk curve will always be greater than a business as usual approaches. The business management needs to ponder: Is your market sector volatile or relatively stable? What are the biggest risks in risk management? How to manage risk holistically? What are crucial components of holistic enterprise risk management solutions? Etc.

Increasingriskintelligence In business, every day is a risk, generic risk management includes how organizations manage economic, legal, political, social and human risks, and how to build up business resilience. Enterprise wide risk management intends to manage enterprise risk systematically and effectively; risk management permeates across organizations and should not be a separate function at all, but rather taken as guidelines of business best-practices executed in this larger portfolio management to improve organizational effectiveness and maturity.

Initiativesofriskimprovement In running a business, everyday is a risk, what are the risk management blind spots? Is it because the management is too preoccupied with those nitty-gritty risks whilst losing sight on the big picture risk. Is it because the risk management program is immature and shortsighted?

UncoverrisklogicThe “VUCA” reality brings both an abundance of business opportunities and numerous potential risks. Any business can be at risk for survival at any minute due to continuous fast-paced changes and continuous digital disruptions. In business, every day is a risk, companies that are stuck with their old ways are exposed to the risk of being rapidly disrupted.

The “Future of CIO” Blog has reached 10 million page views with 10400+ blog postings 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; 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 your voice, deepen your digital footprints, and match your way for human progression.



The "Digital Boardroom: 100 Q&As" Slideshare Presentation


The "Digital Boardroom: 100 Q&As" Amazon Order Link


The "Digital Boardroom: 100 Q&As" B& N Order Link


The "Digital Boardroom: 100 Q&As" IBook Order Link


The "Digital Boardroom: 100 Q&As" Lulu Order Link


The "Digital Boardroom: 100 Q&As" Introduction


The "Digital Boardroom: 100 Q&As" Chapter 1 Introduction: The Digital Board's Composition Inquiries


The "Digital Boardroom: 100 Q&As" Chapter II Introduction: The Digital Board's Digital Inquiries


The "Digital Boardroom: 100 Q&As": Chapter III Introduction: The Digital Board's Strategy Inquiries


The "Digital Boardroom: 100 Q&As" Chapter IV Introduction: The Digital Board's IT Inquiries


The "Digital Boardroom: 100 Q&As" Chapter V Introduction: The Digital Board's Leadership Inquiries

Friday, February 3, 2023

Initiatives

Business management should develop compelling business cases in today’s business reality, work against all odds, deal with lots of resistance or change inertia.

Running a successful business is about taking initiatives large or small to drive business progression. The focal point of business management is based on the future trends, varying circumstances; and what the business requires for its long-term sustenance.

Insightful business management do not have the same view of the small part of the world that the team is dealing with so that they can complement each other’s viewpoint to analyze real issues, and go more convergent to really hone in on the "why." They are able to reinvent the business by shaping a fitting mindset, advocate innovation, and take an interdisciplinary approach to improve organizational innovation capacity, agility and speed.

Understand business dynamics and generate corporate value smoothly: Organizations have abundant information and diversified workforce, if not managed smoothly, leads toward unnecessary tension, unconscious biases, and poor decision-making. Firms that are skilled at managing complexity and hyperdiversity can gain advantages by pushing the boundaries of a more complicated business mix that provides opportunities to create inter-business value.

The abundance of information and the lightweight digital technologies play a crucial role in communicating business initiatives, translating the abstract concept back into the real world example. The more complex the situation is, the more possible that you need to analyze the problems by breaking down the large issue into smaller problems without ignoring the interdependence of those pieces. Holistic view helps business professionals blueprint the future of business and highlight business transformation with standardization, coherence, and visualization of business improvement initiatives, with the goal to lead business forward structurally.

Important initiative starts with a "sense of urgency" which can only come from top management: The good moment to change is when the top senses the urgency and the bottom feels the pain. Taking a couple of change initiatives is an easy part, the difficult part is to understand the psychology behind changes. It might even have an adverse effect on feeding cynicism in the company. Perhaps different approaches are needed to reach for true understanding. Digging through the big “WHY” is extremely important either for change or any kind of business initiatives, but it’s a crucial step in managing progressive movement logically and psychologically. Once you figure out what the true problems are and are ready to ideate, you need to leverage divergent thinking to explore alternative space and come up with better resolutions.

Transformation is on the horizon when you can change the mentality, and that is not easy. For many people, "sameness" is psychological security, change leads to psychological insecurity. Most people like security. Assess people’s professional capabilities objectively by asking: Can they learn new technology or methodology, demonstrate open-mindedness and learning agility Will there be room for these employees in the new world? Even though it is difficult to change human nature, there is still value in understanding that resistance is normal and must be considered and managed accordingly.

It takes courage, but it is a necessary step to take initiatives to spark creativity and manage innovation in a structural way:
Innovation is the best way to differentiate yourself and generate unique value and build strong business reputation. There will be a true evolution of the digital transformation, connected in the context of the idea reaching innovative initiatives to their environments. Innovation, in general, is surely a discipline. Self-organizing digital system approach to organizational structure could become a reality to cultivate creativity for the long run.

To catalyze organizational innovation, art spurs people’s deep observation, and wild imagination; science is the ability to produce solutions in a problem domain repeatedly. Organizations build an IT-led digital innovation agenda for solving chains of problems thoroughly. It covers innovation management, knowledge, and technology transfer, entrepreneurship and it is closely related to several other disciplines.

Business management should develop compelling business cases in today’s business reality, work against all odds, deal with lots of resistance or change inertia, continue making appropriate adjustments to build a strong business initiatives portfolio for achieving high performance results with quality and consistency.

Innovationvariance

To awaken innovation in the well-established organization, business leaders and professionals should think as an intrapreneur and act as a startup manager.
Digital is the age of innovation. And innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. 

The purpose of the book “Unpuzzling Innovation - Mastering Innovation Management in a Structural Way“ is to demystify innovation puzzles in a structural way.


Innovation Variance

Innovationvariance Due to abundant knowledge, increasing pace of changes, blurred territories, and hyperconnectivity, innovation can happen anywhere across the organization and its ecosystem. However, it has a very low success rate; every organization has a tolerance for the variance which, when exceeded, produces a failure scenario.

InitiativesofinnovationThe new paradigm that is emerging is organic, alive, holistic, vibrant, energetic, fluid, creative and innovative, in relationship with its environment, and above all enhances interdisciplinary innovation approach and supports the dignity of the creative human spirit.

InnovationIntensity Innovation is similar to "the sum is larger than its parts" and is what leads to differentiation. Innovation shouldn’t be serendipity. It is a high mature digital capability that needs to be built via disciplines, structures, processes, and practices. At today's modern organizations, variety, hyperconnectivity, diversification, collaboration, and flexibility increase innovation intensity and expand the ever-evolving digital innovation ecosystem.

Initiateglobalinnovationagenda Compared to the industrial era with silo setting, static knowledge and overly restrictive hierarchy inherited from the last century, the global world has become much more complex and smaller all at once due to blurred territories, cross-boundary interactions, intriguing business relationships, and diversity of talent. Business leaders and professionals should lay out different thinking, structures, and solutions to sees the world as interconnected, interdependent and integrated, develop global innovation agenda with following characteristics, take initiatives to solve bigger and tougher problems, scale up innovation effort, to help more people, businesses, industries, and societies for enhancing inclusiveness and unleashing collective human potential in a structural way.

Innovation Innovation is not serendipity, but a management process and discipline. The broader the scope, scale, and impact of the change, the more one leans towards calling such change an innovation. Applying discipline to innovation is to figure out how to manage innovation in a structural way.

The “Future of CIO” Blog has reached 10 million page views with about 10400+ blog postings 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; 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 your voice, deepen your digital footprints, and match your way to human progression.



"Unpuzzling Innovation" Amazon Order Link

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"Unpuzzling Innovation" iBook Order Link

"Unpuzzling Innovation" Book Slideshare Presentation

"Unpuzzling Innovation" Book Chapter 1 Innovation Classification

"Unpuzzling Innovation" Book Chapter 2 Innovation Principles

"Unpuzzling Innovation" Book Chapter 3 Digital Innovators

"Unpuzzling Innovation" Book Chapter 4 Connecting Innovation Dots

"Unpuzzling Innovation" Book Chapter 5 Digital Innovation Best & Next Practices

"Unpuzzling Innovation" Book Chapter 6 Innovation Paradox

"Unpuzzling Innovation" Book Chapter 7 Innovation Gaps and Pitfalls

"Unpuzzling Innovation" Book Chapter 8 Innovation Measurement

"Unpuzzling Innovation" Book Conclusion Mastering Innovation in a Structural Way

"Unpuzzling Innovation" Book Quotes Collection I

"Unpuzzling Innovation" Book Quotes Collection II

"Unpuzzling Innovation" Book Quotes Collection III

Initiatives

Always be careful about examining the potential points of engagement, rather than jumping to the “we'll fix this" mentality.
Business environment is dynamic, complex, and uncertain. There are always different complexities at a different time or dimensions. There are multiple phases of improvement and application optimization. It’s always important to create a map for getting from the current situation to the desired condition. 

At a time when successful organizations are characterized by how “dynamic” and “agile” they are, they are fluent in driving needed change, making constant improvement, and measuring outcome tangibly. What are assessments being taken onto business abilities to meet cost, schedule, quality commitments, and the provisions of value objectively?

What type of evaluation of the analysis of application is being done? Information technology is the linchpin to interweave business competency. Thus, application management is an important perspective to run a real time, customer-centric organization. In certain organizations, although legacy applications are used less and less, they continue to support some business needs.

It’s always important to make an objective assessment of application portfolio effectiveness. This is a painstaking process that requires detailed Business Analysis to find out the ground truth, trying to reduce the amount of tools and the number of skills needed to maintain application portfolios. Faced with restrictive budgets and perceived risks of unplanned downtime, it’s crucial to modernize, consolidate, integrate, optimize application portfolios to improve business effectiveness and efficiency.

What effort is being taken to assign the actions to fix identified issues? Every business initiative or application development is to fix certain issues for generating value or delighting customers. To just go ahead and fix it carries assumptions, particularly, assumptions about something wrong, limiting, or not working in some way that requires 'fixing.”

Unfortunately, sometimes, business managers jump into ‘how,” before digging into ‘why”; too many people are stuck in the mud of the old ways of solving problems. They need to understand: What solution options are available that will meet the business need? What are the risks and issues associated with each solution? And what are the objective criteria to select the best solution representing the best value-cost in terms of achievement of the business outcomes? Alignment of people, resources, employee engagement, process optimization, risk intelligence, performance measurement, etc, are all crucial steps in fixing issues step-wisely and drive business forward smoothly.

What efforts are being taken to make adjustments in the improvement plan based on the analysis, evaluation of the results of the actions taken to address the identified problems?
Making continuous improvement is always the mantra to address and solve problems, and continue optimizing management approaches. However, in practice, many organizations that struggle at the lower level of maturity spend too much time on taking band-aid approaches, fixing symptoms, and solving immediate issues, without spending enough resources and time on achieving the long-term business benefits. It’s always important to gain lessons learned, make appropriate adjustments, constantly optimize processes, methods to improve problem-solving competency.

For the large scale problems with technical components, take the long-term perspective from the executive sponsorship and apply interdisciplinary knowledge. The right solution depends on the problem, how and to what extent it is manifested in a way that sets priorities for fixing, from where it emanates the greater context for understanding things from different angles and figuring out better solutions.

The real problem-solving is about seeing a problem and actually discovering a real solution to that problem, not just the band-aid approach to fix the symptoms. Always be careful about examining the potential points of engagement, rather than jumping to the “we'll fix this" mentality. Taking initiatives to solve complex problems today requires perceptive intelligence, multidisciplinary knowledge, insight, enriched experiences, taking an end-to-end response, a structural and an iterative approach