Wednesday, May 23, 2018

The Monthly Insight of “Digital Hybridity”: Balance the Opposite Forces to Drive Digitalization May. 2018

Nature and human societies is a ‘complex adaptive system’ inhabiting interacting agents that adapt to each other and their environment.

We are experiencing the dynamics of the most significant business transformation since the industrial revolution, with the upward spirals of digitalization and breakthrough innovation. 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.


Balance the Opposite Forces to Drive Digitalization

The “Push & Pull” Forces of Digital Transformation Digital is fluid, digital is also complex. It becomes complex if things do interact, particularly in the case of "nonlinear" interaction, interdependent relationships, and hyper-connected business association. You can't separate things properly, and often you cannot predict the actual effect of interaction straightforwardly. Therefore, running a high-performance digital business is no longer a single dimensional effort to applying the cool technologies or focus on short-term profitability only, but a multidimensional pursuit to embed digital into core business processes and build differentiated business capability. It is about how to leverage the “push & pull” business forces to adapt to changes and orchestrate a full-fledged digital transformation.

Three Aspects of Digital Balance Nature and human societies is a ‘complex adaptive system’ inhabiting interacting agents that adapt to each other and their environment. It is a nonlinear, dynamic and open system in a thermodynamic sense. Unlike closed equilibrium system, it hence spontaneously self-organizes; generates patterns, structures, and complexity; and above all, creates novelty over time. Either from nature or business perspectives, how to strike the great balance of such a complex and dynamic system, though?

Three Digital Balances for Running Transformational IT With the increasing speed of changes and continuous digital disruptions, IT is facing both challenges and opportunities. Should IT just follow the controlling mentality to “always do things like this,” and “keeps the lights on”; or should IT reinvent itself to explore the new possibilities? Whether digital transformation is a challenge or an opportunity depends on how fluent IT can manage changes and strikes the right balance of varying IT perspectives in running a transformational IT steadfastly.

Transaction vs. Transformation
A well-run business has a healthy business portfolio of “running, growth, and transformation,” focus on both short-term gain and long-term win, to manage a seamless business transaction and transformation continuum. Here are three perspectives to connect dots between transaction vs. transformation.

Accelerate Digital Transformation via both Hard and Soft Way Organizations large or small are on their digital transformation journey, although there is no one size fits all solutions to ensure the change success, it is important to take a systematic approach, strike the right balance of “push” and “pull” from multiple directions, and accelerate digital transformation via both hard and soft way.

The “Future of CIO” Blog has reached 2.3 million page views with about #4600+ 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.


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