Monday, March 26, 2018

The Monthly Insight of “Digital Balance”: The Digital Hybridity Mar. 2018

Digital doesn’t mean just tear down all the old things in the previous era, in reality, digital means to strike the right balance between the new way and the “old way.”

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; 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.


The Digital Hybridity   

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?

A Hybrid IT  IT plays a significant role in modern businesses today, touches almost every key business processes, especially with the trend of SMAC (Social, Mobile, Analytics, and Cloud), IT consumerization and internet of things. The effectiveness of IT can be derived best when overall IT Organization reflects on how the business is structured for responsibilities and accountabilities of key decision makers. In other ways, IT can not architect itself in isolation. So to effectively deliver IT capabilities, centralized, decentralized, or hybrid IT, which is the right way?

Hybrid Innovation: Innovation is a management discipline, just like many key elements in businesses today, such as leadership, culture, process, or technology, etc, HYBRID is the digital fit style for managing innovation. From portfolio management point of view, companies need both incremental product/service innovations to thrive but also desire large, disruptive innovations for a quantum leap. Managing innovation requires leaders, either formal or informal, to shepherd an idea through several phases of development, knowing when to move forward and when to return to an earlier phase. But more specifically, what is hybrid innovation and how to manage it effectively?

Three Hybrid Elements in Running a Digital IT and Organization With emergent digital technologies, organizations large or small reinvent themselves to become more agile, flexible and innovative. Digital doesn’t mean just tear down all the old things in the previous era, in reality, digital means to strike the right balance between the new way and the “old way,” the physical building and the virtual platform, the face-to-face communication and the always-on online presence. Here are three HYBRID elements in running a digital IT and organization.

The Hybrid Decision-Making Style? The digital leaders and professionals spend the significant amount of time in making decisions. However, ineffective decision-making becomes one of the biggest root causes to fail businesses due to "VUCA" characteristics of the digital normality. The poor decision-making can cause the business dysfunction, employee disengagement, or customer dissatisfaction; the short time loss or the long-term pain in the organization. The point is that there is no one size fits all formula for all decision making, there are all sorts of decision-making styles depend on the decision maker's cognitive ability, knowledge, insight, or personality. With the increasing pace of change and overwhelming information, can the hybrid style help to improve decision-making maturity?

The “Future of CIO” Blog has reached 2.5 million page views with about #4500+ 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, to inspire critical thinking and spur healthy debates. 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 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.


Post a Comment