The New Book “Digital Hybridity” Chapter 2: The Portmanteau Words to Reflect Digital Reality

Organizations large or small, all face the unprecedented change, uncertainty, and accelerated business dynamic.

Digital organizations are the complex ecosystem with the blurring line between functions, organizations and geographic locations. Digitalization doesn’t mean to just tear down all the old things in the previous era. In reality, it means how to strike the right balance between the new way and the old way; the best and the next practices. Here is a set of portmanteau hybrid words to convey the digital management principles and practices in running a high mature digital organization.

Simplexity: Due to the “VUCA” nature of the digital era, business complexity is unavoidable. It becomes complex if things do interact, particularly in the case of “nonlinear” interaction, complexity can be good or bad for businesses depending on their strategy and capability. There are needed complexity and unwanted complexity, the effective complexity management can provide opportunities to create inter-business value and differentiated business competency. To quote Albert Einstein, “Everything should be made as simple as possible, but not simpler.” That manifests the true meaning of the hybrid word “simplexity.” To achieve simplicity, you would have to address the complexities of the subject matter. The art of digital management is not to complicate things, but to eliminate unnecessary complication. An organization achieves the state of digital equilibrium through its optimized management layers, resilient processes, and elastic capacity.

Folksonomy: Folksonomy is a portmanteau word and classification system determined by everyday people. It’s like taxonomy, only with “folks.” It’s people brainstorming together to open the new chapter of the digital economy through collective creativity and collaborative effort. Digital organizations can embrace the business with its dynamic ecosystem seamlessly; the borderless social platforms and efficient digital tools unleash the great potential for employees and business partners; even the competitors at certain circumstances collaborate and solve challenges facing the business and industry. Folksonomy can tap innovation potential, it can involve bringing in ideas from outside - from wider user-community to drive features and understand the value-in-use of products/services. It’s about ensuring that businesses have access to the maximum number of potentially good ideas for new innovative products development. The strong message behind folksonomy is that knowledge can be shared and creativity can be manifested in a collective environment.

Insighteer: Many say we still live in the age with information-rich but insight-poor. Insighteer is a portmanteau word to articulate the digital leader profile as an insightful pioneer. Too often people may take the easy path, tink and work at a superficial level or blindly follow others rather than spend the time on an understanding of what is going on underneath. Insight is the understanding of a specific cause and effect in a specific context, and the root cause of a problem, or the core issues of a situation which leads to resolution. Insighteers are in demand because the modern businesses need to explore the better way to do things, experiment with fresh ideas and concepts, instill drive, passion, and enthusiasm, expand knowledge, and shape the culture of creativity. In dynamic digital business environments, insighteers are the critical role to envision the future trends and capture potential innovation opportunities, apply information and technology in new and innovative ways to stay ahead of competition and industry and lead the digital paradigm shift effortlessly.

Organizations large or small, all face the unprecedented change, uncertainty, and accelerated business dynamic. Keep things simple, encourage the culture of learning, empower inisighteer leaders or professionals who have determination, dedication, motivate, passion, to make a significant influence on leading change courageously.

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The New Book "Digital Hybridity: How to Strike the Right Balance for Digital Paradigm Shift" Introduction

The New Book “Digital Hybridity” Introduction Chapter 1 The Hybrid Digital OrganizationThe New Book “Digital Hybridity” Chapter 2: The Portmanteau Words to Reflect Digital Reality

The New Book “Digital Hybridity” Chapter 3 The Hybrid Thinking Introduction
The New Book “Digital Hybridity” Chapter IV Introduction: The Hybrid Digital Management

The New Book Chapter 5: The Hybrid Workforce Management Introduction

The New Book “Digital Hybridity” Conclusion: The Multitude of Digital Hybridity

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