Monday, September 10, 2018

The Monthly “Digital Fit” Book Tuning: In Pursuit of the Alternative Structures and Solutions Sep. 2018

Digital makes a significant impact on every aspect of the business from people, process to technology, both horizontally and vertically. Digital becomes the very fabric of high performing business, being outside-in and customer-centric is the new mantra for forward-looking and high mature digital organizations today. But what are digital organizational traits, how to define digital fit and take a structural approach for digitalization?

             The Alternative Business Structures and Solutions

Tuning Organizational Structure from Hierarchy to Circular for Achieving Fluidity, Flexibility, and Fit? With increasing pace of changes, hyper-connectivity, and interdependence, organizations across vertical sectors are at the turning point, take the multidimensional approach to make the digital paradigm shift. From the organizational structure perspective, the overly rigid pyramidical organizational structure forms communication gaps, encourages silo mentality, creates the performance bottleneck, also decelerate business speed. Therefore, fine-tuning underlying business structure and processes is a critical step for improving digital business fluidity, flexibility, and overall digital fit.

How does IT handle investigations of innovative business solutions? IT plays a critical role in building business competency. IT has itself transformed to create a new competitive advantage via building new products, new services and delivering tailored business solutions. But many of today’s C-suites are unaware of what is technologically possible now or in the future. Digital is the age of options, it provides the opportunity to think the new way to do things, so it forces IT leaders to get really creative on how they architect and implement change, and how IT handles investigation of innovative business solutions, to change the business’s perception, reinvent its tarnished reputation and improve the overall business maturity. ?

Tailor Solutions to the Real Problem People have to deal with large or small problems on the daily basis. Especially at today’s “VUCA” digital dynamic, problems have become over-complex and interdependent. Can you diagnose the real problem? Does every problem have solutions? What is the best way to handle a problem? How can you tailor the best solution to the real problem?

Three Aspects to Build Flexible Digital Workplace: Compared to the traditional organizations with the overly rigid hierarchical setting and classic management style, the digital workplace is more dynamic, flatter and engaging. A digital organization is an organic living thing with attributes such as open communication, “ownership,” “flexibility,” and “creativity,” etc, as well as the hyperconnectivity with its digital ecosystem.?

How to Develop the Digital Innovation Scenario With the overwhelming growth of information and continuous changes and disruptions, organizations just have to get used to the new normal and learn how to deal with them proactively. To stay competitive, innovation becomes the light every organization is chasing to overcome the challenges. However, innovation is overused and misused by many, obsessively filling all presentations. Sometimes innovation has even become a buzzword to the point that those who truly understand it cannot get the real message out through the "hype" and truly implement innovative changes. To develop innovation as the differentiated competency, companies must go beyond experimenting innovation and commit to taking a systematic scenario to explore innovation in its digital ecosystem for achieving high-value business results.

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