Friday, January 17, 2020

The Monthly Digital Principles/Practices Summary: “Pushing the Boundary” Practices to Accelerate the New Paradigm Arising Jan. 2020

Digital principles define why one makes a decision one way or another. Principles are statements of values. Things that define why one makes a decision one way or another. These core decision values guide the behavior of individuals within an organization. The business practice is always a combination of people and how they are used to doing things. The practices that are "best" today are almost always not "best" in the future since practices, as well as technologies and markets, are constantly morphing under pressure from the waves of creative destruction that keep the business in innovation mode.

“Pushing the Boundary” Practices to Accelerate the New Paradigm Arising

 “Pushing the Boundary” Practices to Accelerate the New Paradigm Arising? Digital enterprises are inherently and intensely complex due to the exponential growth of information, rapid change, and an unprecedented level of technological advancement. For running a high performance and highly innovative digital organization, visionary leaders should have the foresight to capture business trends, have the insight to understand things holistically, practice “out-of-the-box” thinking to see things differently, respect diversified points of view, move energy to a higher level by offering a clear vision of what is possible in order to steer the business in the right direction and accelerate the new paradigm arising.

Five Practices to Bridge Digital Maturity Chasm Digital is the new paradigm associated with deep ecology. The digital organization is more like living things with self-adaptable and self-renewal capability. Doing digital is perhaps about taking a few actions, but going digital and running an intensive, effective, and cohesive digital organization takes dynamic planning, dedicated execution, and holistic digital management disciplines. Here are five practices to bridge multiple chasms and improve organizational effectiveness and maturity.

Three “Digital Fit” Practices to Run High Mature Organization Digital is all about the exponential growth of information and the rapid speed of changes. From the business management perspective, one of the good reasons for change is to keep the organization fit, and a fitting business has better changeability and higher performance. Digital organizations need to keep both the business balance cycle and growth cycle, develop the best and next practices to “run, grow, and transform.”

Three Practices to Drive Digital Transformation Digitalization implies the full-scale changes in the way the business is conducted and expands business transformation in multiple directions. There is no one size fits all formula to pursue it. Understanding that digital business development is multifaceted. It has to permeate into business vision, strategy, functions, communication, processes, and culture. etc. It is the transformation that is reshaping our thinking and recasting the way we view ourselves, the systems of which we are part of the environments in which we live, and the way we think, work and solve problems. Here are three practices to adapt to the new normal of the business world, make change proactively and drive digitalization effortlessly.

Three Practices to Build Creative Workplaces and Workforce People are always the most important business asset and investment, but also one of the weakest links in organizations. The important perspective of digital transformation is to put people at the center of the business, and to both engage employees and delight customers. One of the key determinants of whether an organization can move to new digital structures is the development level of the people, build a creative workplace and innovative workforce.

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