Friday, October 26, 2018

The Monthly “Digital Hybridity” Book Tuning: The Hybrid Innovation and Digitalization Oct. 2018

The digital paradigm shift includes the perspective of building a scalable innovation environment or innovation ecosystem.

The purpose of the book “Digital Hybridity: How to Strike the Right Balance for Digital Paradigm Shift” is to shed some light on how to strike the right balance of stability and changes; being transactional to keep spinning and being transformational to leap forward for making a seamless digital paradigm shift. Digital organizations should apply the hybrid management approach, focus on building a diverse, networked, and extended modern working environment in which the powerful digital platforms and computing technologies enable seamless conversations, delayer overly rigid organizational hierarchy, inspire idea sharing and brainstorming, and engage employees and partners to achieve the high-performance result.

           The Hybrid Innovation and Digitalization

Hybrid Innovation Hybrid nature of innovation is a combination of something old with something new, with a mixed portfolio of incremental innovations and radical 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.

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. Digitalization doesn’t mean just tear down all the old things in the previous era, in reality, it 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.

The Hybrid Digital Management Disciplines: The digital paradigm has many dimensions, it is like to solve a jigsaw puzzle with thousands of pieces, easy to get lost when trying to capture the big picture. Digital transformation is the journey for solving problems caused by "conflict," "out of balance," and “lack of logic.” It has to expand into every dimension of the organization with a structural approach. Thus, digital management is a hybrid and holistic discipline with mixed management styles for managing everything that is necessary to get people to adopt new ways of working such as cross-functional communication and collaboration, organizational structure design, change management, talent development, digital business readiness, and stakeholder management, etc.

Three Practices of Digital Innovation Generally speaking, innovation is to transform novel ideas to achieve their business values. It is not a serendipity, but a discipline and a set of practices to achieve business goals. Innovation helps to tackle the complexities of business dynamic in the digital ecosystem, but often within itself, it needs to change and improve as well. Therefore, the digital paradigm shift also includes the perspective of building a scalable innovation environment or innovation ecosystem. It is crucial to fine-tune innovation processes, capabilities, and develop a set of practices to manage innovation portfolio more effectively.

The Five Dimensional Hybrid Models for Going Digital? The digital paradigm has many dimensions. Digital organizations today have the hybrid reality with both physical buildings and virtual platform, the old way and the new way of doing things. It implies the “always on” and hyper-connected business nature, exhibiting digital characteristics in various shades, extensiveness, and intensity. Therefore, the digital management needs to adopt a hybrid model and take the holistic discipline with mixed management styles for managing everything that is necessary to get digital ready.

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