Tuesday, August 20, 2019

The Monthly “Digital Fit” Book Tuning: The Multifaceted Fit of Digital Business Aug. 2019

 Digital organization is a self-adaptive and self-renewing system which is able to reconfigure its own structure and change its own behavior during the execution of its adaptation to environmental changes. 

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 Multifaceted Fit of Digital Business 

Build Ambidextrous Digital Organization Digital makes a profound impact from the specific function to the business as a whole and the entire digital ecosystem. Building an evolving digital organization is to ensure that the business is complex enough to act intelligently and nimble enough for adapting to changes promptly. It’s important for business leaders and professionals to think the systemic wholeness, renew knowledge, and develop the differentiated business competencies to shape an ambidextrous digital organization.

Running Digital Organizations with Differentiated Business Competency The characteristics of digital business are dynamic, volatile, uncertain, and hypercompetitive. Digitalization implies the full-scale changes in the way business is conducted, so that simply adopting a new digital technology isn’t insufficient. You have to continuously scale up and dig underneath, optimize organizational processes and develop business capabilities, transform the underlying organizational structures and functions to ensure the business as a whole presenting the differentiated business competency and running with digital speed.

Three Aspects of Digital Multiplicity The digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. Consider the digital organization as the self-organized but interlaced environments, there are many emergent digital characteristics. Digital organization is a self-adaptive and self-renewing system which is able to reconfigure its own structure and change its own behavior during the execution of its adaptation to environmental changes. There are multidimensional management discipline, multi-layer business relationships, and multigenerational and multicultural workforces in making digital business both dynamic and complex. Here are thee aspects of digital multiplicity.

Three Aspects of Building a Digital Savvy Organization Digital reality is a flexible blend of the physical and virtual world. Many organizations are moving from doing digital by experimenting with some emerging technologies to going digital by expanding to all dimensions of the business transformation. Organizations have to keep evolving, improving, collaborating, and innovating for becoming digital savvy and reaching the next level of organizational maturity.

Three Fitting Characteristics to Make the Business Stand out as a Digital Master With rapid changes and exponential growth of information, companies large or small are brainstorming the digital ways to think and experiment the better way to solve either old business issues or emergent problems, delight customers, improve employees’ engagement, increase productivity, and inspire creativity across the enterprise ecosystem. Organizations have to stretch out in every business dimension for driving the full-fledged digital transformation. So, what are fitting characteristics to make the business stand out as a digital leader and reach a high level of business maturity?

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