The Multitude of Digital Equilibrium
How to Strike the Multitude of Digital Balances for Achieving a State of Dynamic Equilibrium Digital makes a significant impact on every aspect of the business both horizontally and vertically. Due to the “VUCA” nature of digitalization, change is unavoidable, firms that are skilled at managing digital dynamic can gain advantages in profitability, speed, business growth, and innovation enforcement. Organizations have to strike the multitude of digital balances which impact with each other as well in order to achieve such a state of dynamic equilibrium.Achieve Digital Equilibrium via Delicate Balance Digitalization means hyper-connectivity, over-complexity, and interdependence; it blurs the geographical borders, functional borders, organizational borders, industry vertical borders and knowledge domain border. Many come to believe that boundaries are not tangible places of resistance but are only self-imposed limitations we place on ourselves to hide our own fear to move forward. The black and white boundaries continue to diminish in the 21st century due to the occurrence of increased economic integration, digital dynamic characterized by the movement of information, people, and businesses. Therefore, it is more critical than ever to maintain the right level of digital balance. In fact, striking the right digital balance is a never-ending business life cycle.
"CIO Master" Book Tunig XXII: Running IT with Digital Equilibrium: Organizations large or small on the journey of digital transformation, as we move from using technology as a vehicle to maximize efficiency and minimize costs to using technology as an enabler and catalyzer of totally new business models and growth. IT needs to strike the right balance between innovation and stability, a new way to explore emergent digital opportunities and keeping the lights on fundamental, information flow, and risk management. More specifically, how to run IT with digital equilibrium??
How to Manage Digital Balance Cycles Effectively One of the significant characteristics of emerging digital era is interdependence, due to the latest digital technologies such as social and mobile, the business and world have become hyper-connected and interdependent, it does make a smaller world, but also makes businesses and the world super complex and full of uncertainty and ambiguity. Hence, in order to solve both strategic and technical problems facing in business and overcome the challenges facing mankind, the interdependent thinking shall be practiced, it is about how you apply system thinking to view the world and an interconnected and interdependent whole; and how to follow systems principles for solving problems under complex, uncertain and ambiguous circumstances?
Digital Balance: How to Strike it Just Right? We are experiencing the dynamics of the most significant business transformation since the industrial revolution. The majority of us will work in an organization that is somewhere between old and new; at both industrial speed and digital speed; in the physical building and remote environment; or will remain to be a mixture of old and new. It is the biggest management challenge to be a change agent, where we respond to the current state of the organization and we try to take it from there to a next level. Just like running up to the string, the point is how to strike the right digital balance?
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