The Monthly “Dot Connections”: Strategic vs. Operational Management Dot Connection Aug. 2019

Strategic Managers see 'blue ocean' currents; Operational Managers only see 'red ocean' currents.

The effects of an increasingly digitized world are now reaching into every corner of businesses and every aspect of organizations. Organization of the Future is an organization designed openly for anyone with ideas on how human organizations ought to be contrived in the face of the strategic imperatives of the digital era. The work is not the place you go, but a live organization and an experiment lab you can connect the dots to explore the art of possibility.

 

     Strategic vs. Operational Management Dot Connection

Digital Playbook vs. Cookbook: What’s your Hand Book to Make a Leap of Digital Transformation The purpose of going digital is to make a significant difference in achieving high performance and unlocking the full potential of the business. It is a long journey full of uncertainty, velocity, complexity, and ambiguity. Generally speaking, transformation leaders have two jobs - to play their functional management role well and to be accountable for leading the cross-functional initiatives that drive business transformation. Digital playbook vs. cookbook: what’s your hand book to make a seamless digital transformation?

Strategic Management vs. Operational Management Strategic management as long-term planning requires a vision. In other words, a company needs to define where it wants to be in a decade or two (what's the vision) and how they want to get there (Strategy) and then Operational Management will translate the long-term plans into smaller scale plans to operationalize the move toward the vision.

Strategic KPIs vs. Operational KPIs? KPIs are indicators to identify if the adopted strategy, operation, and process, etc are working toward the objective. As such, you don't "adopt" a KPI to "achieve an outcome," you adopt a strategy or operational workflow to achieve the outcome, and you define KPIs to monitor the progress and performance. That’s the name KPI –Key Performance Indicators stand for. The provocative question is: is it possible to link operational KPI's to strategic ones to reflect and track the overall progress in achieving the strategic goals?

Transaction vs. Transformation A well-run business has a healthy business portfolio of “running, growth, and transformation,” focus on both short-term gain and a long-term win, to manage a seamless business transaction and transformation continuum. Here are three perspectives to connect the dots between transaction vs. transformation.

Scoreboard vs. Dash board The balanced scorecard (BSC) is a strategy performance management tool - a semi-standard structured report, supported by design methods and automation tools, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the consequences arising from these actions. In management information systems, a dashboard is "an easy to read, often single page, real-time user interface, showing a graphical presentation of the current status (snapshot) and historical trends of an organization’s key performance indicators to enable instantaneous and informed decisions to be made at a glance. (Wikipedia)

The “Future of CIO” Blog has reached 3 million page views with about #5900th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The “Digital Master” book series includes 28 books to share insight from the multidimensional digital lens and perceive the multi-faceted impact the digital era upon us is making to the businesses and society. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking and innovating new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.

Posted in: Connecting Dots,Strategy,Sum UP