The rate of change has accelerated, indicating that business leaders must learn how to deal with the management paradox in varying circumstances, to manage strategy and execution as an iterative continuum,
From one generation to the next, the substance of leadership does not change, it’s about the future, change, and influence. However, digital leadership trends will continue to emerge. Here is a set of featured blogs to dig into the “keywords” of the 21st century to brainstorming the future of digital leadership and business transformation.
Paradox
Understanding Three Business Effects and Paradoxes for Improving Management Effectiveness Either at the individual level or organizational level, people experience, grow, fail and learn, from their own experiences or others' failure lessons. There are many interesting effects in the respective field of study. From a business management perspective, which “effects” should you understand in order to achieve management effectiveness and efficiency?
The Art of Paradox Management? In the current business environment with “VUCA” characteristics, uncertainty and ambiguity are a key challenge for business leaders today. In the past, many business leaders believed their organizations’ long-term goals are static, could wait until they had dealt with the current crisis, their strategy-execution are linear steps, and business innovation is a luxury, not a necessity for the majority of companies. But this is no longer the case. The rate of change has accelerated, indicating that business leaders must learn how to deal with the management paradox in varying circumstances, to manage strategy and execution as an iterative continuum, strike the right balance to keep the business flow and accelerate the digital transformation. Many thought the modern management is the art of paradox management.
Is Business-IT Alignment a Paradox? From Alignment to Engagement In the industrial era, the "mission of IT" is to provide the information processing capability required by the business at a cost that represents value. Based on this description, an IT organization that is well aligned with the business is managed well enough. However, many organizations are transforming from industrial speed to digital speed, even business-IT well alignment is not mature enough to adapt to the changes, IT need transform from aligning with business to engaging with business, and the new mission of IT could be: How to become a game changer to catalyze business growth by proactively engaging in strategic making & execution.
Leverage Paraconsistent Logic to Steer Digital Transformation Digital transformation is more like a journey than a destination, it is no surprise that there are many confusions and frustrations along the way. There must have a well thought-out planning and well-defined digital principles to deal with unprecedented uncertainty and increasing the pace of changes. In practice, digital leaders sometimes have to play oddball games and leverage paraconsistent logic to deal with contradictions and navigate through digital transformation. "The driving thought of paraconsistency is that there are situations in which information, scientific, or philosophical principles (and so on) are inconsistent, but in which people want to draw conclusions in a sensible fashion." (Encyclopedia).
The Paradox Quotient (PQ) of Digital Leadership We are shifting into a hyper-connected, and hyper-competitive digital paradigm. Many say digital is the age of people, the age of empathy, the age of design, and the age of innovation. Unprecedentedly, the physical boundary can no longer limit our thought, our communication, and our life experience. Not only can we travel all over the world more conveniently, but more importantly, we can share knowledge, viewpoint, and wisdom with others all over the world via social platforms effortlessly. The world is becoming smaller due to the advanced technology; the world is perhaps also bigger than you could imagine, because the things you know, compared to what you don't know, is justT the tip of an iceberg. More fundamentally, the world is now integrated into the WHOLE, a well-rounded globe as it is, not just two separate hemispheres. And more often than not, you have to see the full spectrum of colors and embrace seemly paradoxical POVs in order to understand things holistically. So besides IQ and EQ, will PQ - Paradoxical Quotient emerge as a critical quality for today’s digital leaders?
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