Monday, June 20, 2016

The Monthly Insight of Organizational Maturity June 2016

Change is no longer just a one-time project, but an ongoing business capability.

Change is inevitable, organizational change has become a common practice within an organization, but too often changes are made as a reaction to outer impulses, crisis, and demands. This is the bureaucracy’s way of meeting the challenges. How to understand the mentalities behind the change as the first step, in order to fine tune the process of Change Management, and overcome the obstacles to managing a digital transformation smoothly?

   Digital Organizational Maturity

  • The “Digital Way” of an Organizational Structure and Beyond: Organizations large or small are on the journey to digital transformation, and there are different theories of organizational structure evolution and continuous brainstorming about the concept of self-management, the format of future of the organization - from Holacracy to sociocracy; from agile to Stoos, etc. The whole point is how to build a more creative and productive working environment in which the employees’ talent can be unleashed; and business as a whole is more optimal than the sum of pieces, in order to adapt to the change with the accelerating speed? Ultimately, what's the digital way to run a business?

  • A Hybrid Organization With the fast pace of change and emerging digital technologies such as social, mobile and cloud, companies large or small are brainstorming the next generation of organizational design, how to take advantage of the new digital tools, how to improve productivity and enforce creativity & collaboration cross-enterprise ecosystem.

  • Three Digital Effects to Catalyze Business Maturity Digital transformation represents the next stage of business maturity which will improve how the enterprise works and interacts with its ecosystem, with the customer at the center of its focus. Digital becomes the very fabric of the modern business, being outside-in and customer-centric is the new mantra for forward-looking digital organizations today. So how can businesses amplify positive digital effects and grow into the high-performing Digital Master?

  • How to Build a High-Performance Digital Organization: Due to the fierce competition and unprecedented uncertainty, the pressures from stakeholders, and “keep the lights on” mentality, many organizations only focus on short-term profitability, with ignorance of forward-thinking and long-term vision, the life cycle of Fortune 500 companies have significantly shortened. Only very few forward-looking organizations have a long-term vision, transformational leadership, and well-tuned processes and capabilities to become a high mature Digital Master in pursuit of “Built to Last!” What are the characteristics of a forward-looking digital organization, and how to overcome the challenges to building a successful business for a long run?

  • A Bimodal Digital Organization? Organizations large or small are on the journey to digital transformation, the paradox is that you need to keep the lights on to maintain the stability, but also be adaptive to the changes caused by digital disruption with increasing speed. Hence, many businesses just have to run the bi-modal mode: the industrial speed to do what they always do, and the digital speed by leveraging innovation to experiment the new way to do things. But philosophically and methodologically, what’s the right balance between being quick to adopt new methods and risking them failing, and sticking with tried and tested ones and risking them becoming obsolete? Or more broadly speaking, how to strike the right balance between agility and stability?
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