Wednesday, March 16, 2016

The Monthly Strategy Highlight: Strategic Wisdom Mar.2016

The strategy is the light to guide you ahead, not the hand to walk you through.

The strategy is the focal point of the “Future of CIO,” and the pillar of organizational existence, its design, structure, functions, vision, and mission. A real strategy is neither a document nor a forecast but rather an overall approach based on a diagnosis of a challenge. It brings up new functions, roles, and responsibilities, collaboration, demand for intuition and emergence, complementarities, philosophy, neutron sciences, and trans-disciplinary businesses. But these are not new per se. The frameworks of thoughts, consciousness and maturity assessments apply to strategy, then, now and in the future. Here is the first monthly strategy highlight of the “Future of CIO” blog in 2016.

Strategy Wisdom    Mar. 2016

  • Three Questions to Assess a Person's Ability to think strategically: There is no doubt that strategy becomes more important, not less in organizations large or small today, because of the fierce competition, rapid changes, and hyper uncertainty. Digital professionals have to continuously set up standards of competence and ability to enforce professional responsibility, with good intentions, and having capabilities to think strategically, but is there such one question to ask to determine a person’s ability to think strategically?

  • Which Color is Your Strategy? The strategy is an everlast puzzle, organizations big and small try to solve it, there’re many big questions upon it such as how to find a ‘winning’ strategy; how to align all business projects, processes and plans with a chosen strategy? How to implement a strategic plan and measure its achievements? Back to fundamental, do you have a common language about strategy? There are different points of view about the strategy based on how the individuals are framing the problem, or at what level of abstraction. Everyone is hunting for Blue Ocean or Purple Cow, which color is your strategy.
  • Is Silo Eating your Strategy for dinnerI  Silo II: Many of us like the witty quote from Drucker: “culture eats strategy for lunch.” The strategy is indeed in the face of more risks than culture, could it be the SILO – the symptom of industrial management mindset will eat your strategy for dinner?

  • Strategic Management: How to Do it Right: A strategy delineates a territory in which a company seeks to be competitively positioned to derive economic profits. The strategy is the art of designing a way of navigating and effectively utilizing available resources to attain a clearly defined objective. Strategy management, how to do it right?

  • Five Aspects of Leverage Systems Thinking in Digital strategy Making?  Digital organizations are complex systems that are dynamic, self-evolving, and somewhat self-perpetuating, they are a dynamic living organism and should be viewed from systemic perspectives. The fact is that change is happening at a much faster pace than ever before, requiring a much more rapid response in order not only to succeed but to survive. However, do business executives have enough information & insight to design long-term strategies? Are numerical data enough for that? Can they deal with complexity? How many business strategists understand Systems Thinking, concepts of emergence, requisite variety, relationships and boundary critique? How many managers understand the difference between open and closed systems? To put simply, how to leverage Systems Thinking in digital strategy making.

The “Future of CIO” Blog has reached 1.3 million page views with 2500+ 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. 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 the 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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