Saturday, July 20, 2019

The Monthly “Digital Fit” Book Tuning: Tuning Key Business Factors to Keep Digital Fit July 2019

 Digital fit organizations have both clear digital vision and well-crafted digital strategy, and they are courageous to be in the vanguard of digital transformation with a quantum lead.

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 digital transformation?


 Tuning Key Business Factors to Keep Digital Fit 

Three Aspects of Organizational Digital Fit The digital business dynamic is full of uncertainty, velocity, complexity, ambiguity, information overloading, fierce competitions, and continuous disruptions, etc. The companies today have to move fast; the functional, geographical, organizational, and even industrial border are blurred, marketing, finance, technology, leadership, and talent are all intertwined. It’s important to work out a smooth strategy and business transformation by assessing the digital fit of the organization objectively and utilizing collective knowledge and experience to build competitive business advantage.

Tuning Key Elements to Keep Digital Fit Digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. It makes a profound impact from the specific function to the business as a whole and the entire digital ecosystem. Digital exploration is all about planning, investing, designing, developing, operating, consolidating, integrating, optimizing, and orchestrating. Here are five crucial business factors organizations have to continue tuning in order to keep digital fit and drive transformative changes successfully.

The Organization’s Digital Fit The multidimensional digital transformation provides impressive advantages in terms of the speed of delivering business solutions and the ability to adapt to changes. Either be a disrupter or being disrupted, digitalization makes significant impacts on every aspect of the business from people, processes, technology and capability both horizontally and vertically. The effects of an increasingly digitalized world are now reaching into every corner of businesses and every aspect of organizations. So, how can organizations keep digital fit and highly-responsive because nowadays digital businesses need to be fast, always “on,” highly connected, interdependent, and ultra-competitive?

IT Fitness - Can You Manage Right to Amplify Digital Effect IT is an enabler of current and future capability for both the organization and its ecosystem. Much of the top management conversation about IT should be to frame in respect of the business activities, keep digital fit and improve overall organizational effectiveness, agility, and maturity. The digital CIOs have to pursue strategic alignment, operational integration, and innovative brainstorming with the business. Because the long-term organizational growth is usually based on IT enable business competency, maximizing collective human capacities such as productivity improvement and collective creativity, improving operational efficiency, and managing cost optimization. A digital fit IT can become an innovation engine and growth multiplier of the organization for the journey of digital transformation.

Three Digital Traits of Digital Masters Digital Master refers to those high-performing, high-innovative and high-mature (less than 15%) digital organizations that have both clear digital vision and well-crafted digital strategy, and they are courageous to be in the vanguard of digital transformation with a quantum lead. But they also proactively develop more advanced and unique digital capabilities step-by-step and build a digital premium into their very foundation of business. Here are three digital traits of the digital master.

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