The New Book “Digital Capability - Building the Lego-Like Capability into Business Competency” Quote Collection II ~ Future of CIO

Tuesday, June 20, 2017

The New Book “Digital Capability - Building the Lego-Like Capability into Business Competency” Quote Collection II

11:04 PM Pearl Zhu 1 comment

The organization's long-term success is based on a set of differentiated capabilities and its core competency.

The purpose of the book “Digital Capability - Building Lego-Like Capability into Business Competency “ is to provide an insightful understanding of assessing, developing, and managing organizational capabilities in a structural way. The organization’s competency is based on a set of cohesive capabilities and how fast and effective they can be built upon. The high-mature organizational capability is the digital business differentiator, to keep the business unique, competitive, and innovative, to improve business maturity significantly. The capability views enable dot connections and help the business identify “actuality, capability, and potentiality,” build Lego-like capabilities into core business competency and improve the success rate of strategy execution and overall business maturity.

25 The digital capability is modular, dynamic, and nonlinear, having many visible and invisible business elements, for improving organizational competency, and enabling business strategy.

26 The capability view can leverage different perspectives from different roles.

27 Defining your enterprise business capability is part art and part science, and building your business capabilities is more science than art.

28 A business capability is the firm’s ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments.

29 Capability-based strategy-execution is the only path leading to a sustainable digital transformation.

30 A “roadmap” is simply a plan for moving or transitioning, from one state to another. A roadmap provides the direction to the future.

31 Skill + Capacity + Tool = Capability

32 You can’t improve what you are not managing, you can’t manage what you are not measuring, and you can’t measure what you are not focusing.

33 IT is the building block of the business capability when business -IT gaps are shrinking, and it would be the roadblock if the gaps are enlarging.

34 Processes need to be seen as the building blocks of the organizational capability and pieces of the big business picture.

35 Re-use is a necessity, but it should be a natural reflex, and find the right “tipping point.”

36 Digitalization implies the full-scale changes in the way business is conducted so that it’s a multi-dimensional planning and orchestration.

37 Strategy execution doesn’t go for perfect, it’s the core business capability needs to be sharpened for improving the business performance and maturity.

38 Innovation is a unique business capability to reinvent business, but not to reinvent the wheels.

39 Information Management becomes the core capability of the digital organization, and it is the key differentiator between digital leaders and laggards.

40 You cannot manage risk, or for that matter, build a risk management capability without first understanding the “business value of risk management.”

41 Managing change is no longer a one-time initiative, and change management turns to be a strategical ongoing capability in today’s digital organizations.

42 Decision-making is a solid business capability to improve business responsiveness, agility, and competency.