With the exponential growth of information and volatile business reality, as we all know the only "Certainty" or a "Constant" is "CHANGE" now.
Uncertainty
Gaining Insightful Understanding of Digital CharacteristicsThe digital organization is a complex ecosystem with the blurring line between functions, organizations, and geographic locations. The forward-looking view of the organization is to determine what the future needs to look like, what the digitalization must look like, and how digital leaders can navigate digital new normal and thrive in the exponential digital era. How insightful digital leaders understand the digital characteristics and how skillful digital leaders swim in the rough sea of information will decide their leadership effectiveness and maturity.
How to Master the Art and Science of “Uncertainty Management”? With the exponential growth of information and volatile business reality, as we all know the only "Certainty" or a "Constant" is "CHANGE" now. Uncertainty is a given, just as it has always been and always will be. To use the common term, uncertainty is the lack of certainty, a state of having limited knowledge where it is impossible to exactly describe the existing circumstance. At the dawn of the digital era, organizations face an unprecedented level of uncertainty, what are the practices and logical scenario to master the art and science of uncertainty management?
Is Uncertainty the New Normal & How to Deal with It The pace of change is accelerated both in business and society, either as an individual or an organization, uncertainty (of outcomes or occurrences) is inherent in almost every endeavor, are we reaching such an uncertainty era? How to deal with the new normal? From surviving to thriving, what’s your strategy?
Is Uncertainty Problem or Opportunity Uncertainty and ambiguity are a key challenge for business leaders today. In the past, many business leaders believed their organizations’ long-term goals could wait until they had dealt with the current crisis. In the current business environment with “VUCA” characteristics, this is no longer the case. The rate of change has accelerated, indicating that business leaders must learn how to strike a balance between managing complex issues today and predicting the uncertain issues of tomorrow. So is uncertainty the biggest problem in business today? And is it affecting business in setting long-term strategies and are forced to concentrate on short term goals? And further questions include - how can the soft signals of contextual changes be best determined? How do you structure information systems to deal with uncertainty - in the era of Digital?
How to Handle Uncertainty It is said that the only true constant is change, and in today’s world, nothing is changing more or growing faster than information. The estimate global Internet traffic has 21 exabytes—21 million terabytes in 2010. By the end of this year, global traffic will reach 1.3 zettabytes, Every day, 2.5 quintillion bytes of data are created. The ability of companies, much fewer individuals, to consume and make sense of the information that is available and necessary to make good decisions is becoming a nearly insurmountable challenge. Now the only "Certainty" or a "Constant" is "CHANGE." Business is only an extended part of our life and all businesses have to accept a change to survive. So how can organizations handle such unprecedented uncertainty?
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