Monday, December 19, 2016

The Monthly Foresight: The Vision Thing Dec. 2016

The vision needs to be a good metaphor - 'the guiding light.'

Vision is about having a positive outlook on the future that is not predicated on the past or present. The vision needs to be a good metaphor - 'the guiding light,' so that people can see themselves and their work reflected in it. There is also a passionate connection to a vision. When a vision is realized, people live with change.

Five Views from the Vision: Vision is to zoom into the future as if it were closer. Organizations large or small are at the journey of digital transformation, therefore, the vision thing does matter, it is one of the important leadership traits for driving to the right directions. More specifically, which views do leaders see or perceive via their visions?

Is Vision Statement Overrated? Vision Statement is a very brief summary to provide guidance about what core to preserve and what future to stimulate progress toward. It gives some sense of the two main points. First, it's doing it to having the conversations across the organization. Second, it's worth pushing to a level of specificity, which makes the desired outcome unarguably clear and provides a means of tracking progress. One of the key payoffs from this process is that it delivers the top team a single-page matrix of their current and future desired states. This becomes the starting point for their detailed planning - and, of course, some readjustments as they tested the various elements through detailed analysis.

Are Visionary CIOs Often Outliers? Modern CIOs have multiple personas, they have to wear different hats to fit the roles situationally in order to lead effectively. Technology is complex, business is complex, and people are complex. Due to increasing changes in the digital dynamic environment, The CIOs needs to be a dynamic person with vision, openness, growth and complexity mindset- with high ability to envision the digital trends, manage innovations, communicating to suite situations so as to craft strategies and make things happen. Visionary CIOs are in demand.

A Visionary Board The corporate board plays a significant leadership role in modern businesses, with multidimensional responsibilities, such as strategy oversight, policy setting, corporate governance and monitoring -  accountabilities of the environment - regulatory, shareholder, etc. Not only do today’s BoDs need to have sufficient knowledge to understand the business ecosystem, but also they should have the business vision to predict the emergent trend of business, technology or industry, so they can guide the executive team toward the right direction and play the management advising role effortlessly

Is Digital Leadership all about Vision?  As businesses and the world move deeper and deeper into the digital world of VUCA -volatility, uncertainty, complexity, and ambiguity, leaders of any organization, large or small, must capture the foresight of digitalization, gain the insight upon globalization, and become knowledgeable about the terrain of the hyper-connected land out there. More specifically, leaders need to have a clear vision to zoom into the future and broadened knowledge to zoom out the reality, in order to guide the business through the digital transformation. However, is digital leadership all about vision?

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