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It Takes Innovation to Measure Innovation Performance Innovation is about making differentiation. Forward-looking companies will spend more resources on innovation investment and take a scientific approach to decode innovation serendipity. Innovation as a management process needs to be measured for making continuous improvement in order to reap the fruit for gaining long term advantage. Innovation measurement is challenging, it takes innovation to measure innovation performance.
The Corporate Board Change Fit Change is the only constant, and the speed of change is increasing rapidly. The corporate board directors should become interactive change agents that represent the organization, stockholders, and senior management, make significant influences on setting digital tones and shaping the digital mindset of the organization, both walk the talk and talk the walk and set the digital tone for others to follow.
Setting High Standard to Run High Mature Digital IT Organization Organizations across the industrial sectors are relying more on information technology, IT organization has more to overcome. It’s simply not sufficient to run IT as a support function only. IT can provide the business ability to explore new business models by knitting all important components seamlessly or delight customers by providing them with digital options. IT organizations can bring up business benefit by mixing diverse business elements to create great products, services, or processes which generate differentiated value for the long-term growth of the business. It’s time to set a high standard to run high mature digital IT organization.
The Monthly “Principles & Practices" Summary: Setting Principles to Drive Digital Transformation Aug. 2019 A well-defined set of digital rules are not for limiting innovation, but for setting the frame of relevance and guide through changes and digital transformation. The purpose of “100 Digital Rules: Setting Guidelines to Explore Digital New Normal “ is to establish digital principles and update business policies that can be applied holistically and guide the digital transformation systematically. Here is a set of digital principles to drive digital transformation.
Five Pillars of Organizational Maturity Today’s business world is dynamic, volatile, uncertain, and hyper-competitive. Every business is different, they are at varying stages of its business life cycle and different level of organizational maturity. Many companies may be in business for many years but has not matured its management disciplines. But surviving and thriving in today’s business dynamic requires structural flexibility, cross-functional collaboration, inter-relational process to reduce business fricitions and deal with conflicts or disruptions that arise, to shape a people-centric organization from functioning to delight. Here are five pillars of organizational maturity.
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