Due to an unprecedented level of uncertainty, velocity, and complexity, misunderstanding, misinterpretation or miscommunication are the big causes of many human problems.
Overcome Mismanagement Pitfalls
How to Avoid these “Mismanagement” Pitfalls The digital business dynamic is full of uncertainty, velocity, complexity, ambiguity, fierce competitions, and continuous disruptions. Digital organizations keep evolving with the increasing speed of change, the exponential growth of information and the rapid integration of business across the globe. Traditional management approaches based on command and control style and overly rigid hierarchy have some critical defects for leading organizations up to the next level of business maturity. Practicing digital management is about taking a holistic view and applying interdisciplinary management approach to planning and executing business strategy. How to avoid the following mismanagement pitfalls and make the digital paradigm shift smoothly?
Misalignment as a Pitfall of Digital Transformation Going digital represents the next stage of business maturity which will improve how the enterprise works and interacts with its ecosystem, with people at the center of its focus. There will be a challenging time on the road ahead for sure. Strategic alignment is a structural process and the result of linking the organizational strategy and its objectives with every unit/business functions and employee. Alignment is fundamental and multidimensional to ensure a seamless strategy implementation. Misalignment is often caused by a lack of systems thinking, dysfunctional management behavior, and outdated practices. Here are three causes of misalignment.
Three Missing Links in Digital Transformation Digital Paradigm means holism, hyper-connectivity, interdependence, and integration. Digital transformation is not just a one-dimensional stretch, but a multi-dimensional expansion. The digital ecosystem expands when the digital business territories blur and the business communities broaden their scope and consume all sorts of resources. However, for those digital lagging organizations, the ecosystems have evolved without much attention of planning and having multiple missing links. So, to shift from "Doing Digital" to "Being Digital," the real challenge is to understand what are exactly those missing links, where and how you can and should connect all important dots, improve to get the biggest effect and scale up across the digital ecosystem effortlessly?
Three Misguidance Stifles Digitalizaton Digital means flow and high velocity, closer to reality is that 'change' is continuously happening in such a dynamic environment of a company, with accelerated speed. It indicates that business leaders must learn how to strike a right balance between managing complex issues today and forecasting the uncertain issues of tomorrow, commit to transforming themselves into a highly innovative digital business powerhouse. Misguidance will cause business failing and stifle digitalization. To stay competitive, companies must be steered in the right direction, move from “Doing Digital” - experimenting with digital technology tools to “Being Digital” - running a full-fledged digital organization.
The Cause and Effect of Misinterpretation Due to an unprecedented level of uncertainty, velocity, and complexity, misunderstanding, misinterpretation or miscommunication are the big causes of many human problems. Often cognitive difference, knowledge gap, or lack of contextual understanding cause misinterpretation. Misinterpretation or miscommunication further cause misguidance that perhaps means making poor judgments or steering the business in the wrong direction and leads business stagnation.
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