Sunday, December 15, 2019

The Monthly “Digital Fit” Book Tuning: Streamline Multiple Business Cycles to Get Digital Ready Dec. 2019

 The digitalization paints an excellent picture of the business interaction and interdependence of the expanded digital ecosystem. 

The purpose of “Digital Fit: Manifest Future of Business with Multidimensional Fit is to share insight about multidimensional enterprise fit from digital characteristics, organizational structure, change, knowledge, and talent perspectives; evoke critical and paradoxical thinking about digital “fit vs. misfit,” spark healthy debates on how to define and develop true digital fit, and build a fitting working environment to inspire creativity and accelerate digital transformation.

     Streamline Multiple Business Cycles to Get Digital Ready

Lift the business up to the Hyper-cycle of Digital Transformation Change is inevitable, organizational change has become a common practice. "Change" can be a somewhat mechanical implementation of new or different ways of doing something while the digital transformation is more likely to be a sweeping approach to altering a system or parts of it. Running a digital business is complex because all things do interact, particularly in the case of nonlinear interactions and interdependent relationships. How to overcome barriers and lift the business up to the hyper-cycle of business transformation?

The Magic Cycles of Breakthrough Innovation Innovation is the new way to do things. Breakthrough Innovation is disruptive and will change the business in many fields. You need new technology, new processes, new customers, new knowledge may be a new business model. Breakthrough innovation perhaps help to lift up the business to the next level of performance. However, the real challenge is to understand where and how to get the biggest effect. Innovation Management overall has very high failure rate, and the chance of breakthrough innovation success is even smaller. Because breakthrough innovation is often brand new to the world, and it is not something every company could accomplish. Here are three magic cycles of breakthrough innovation.

The CIO as “Chief Information Officer”: The Synchronicity of the Information Management Cycle The abundance of information brings both unprecedented opportunities and risks to businesses today. Information is useless if it is not being used to achieve the business purpose. The aim of modern Information Management has often been described as getting the right information to the right person in the right format and medium, at the right time, to make the right decisions. The synchronicity of the information management cycle builds the foundation to run a highly responsive, hyperconnected, and high-performance digital organizations.

The Next Phase of Digital Refinement Cycle We live in the exponential digital era. The digitalization paints an excellent picture of the business interaction and interdependence of the expanded digital ecosystem. Forward-thinking organizations are in the state of introducing new business concepts, experimenting with something new or exploring better opportunities to grow their business, balancing the main elements impacting change such as people, processes/procedures and Information Technology, tuning key business success factors to reach the next phase of digital refinement.

The CIO as Digital Conversationist: Is IT Communication a Vicious or Virtuous Cycle Communications are the tools to solve problems, and languages are the tools to make communications. Communication clarity directly impacts on the business effectiveness and organizational maturity. However, in many organizations, miscommunication or misunderstanding leads to conflict and malfunction. Often, communication gaps are caused by cognitive difference, ambiguous process, or management bottleneck, etc. Information Technology plays a crucial role in driving information-based communication and breaking down communication bottleneck. Communication also directly impacts IT management effectiveness. The CIO as a digital conversationalist needs to make an objective assessment: Does IT communication often go through a vicious or virtuous cycle? How can IT leaders and professionals leverage different conversation styles to construct the collaborative vision and deliver high-performance IT results for the long run?

The “Future of CIO” Blog has reached 3 million page views with about #6300+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. blog posting. The content richness is not for its own sake, but to convey the vision and share the wisdom, to inspire critical thinking and spur healthy debates. 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.


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