Sunday, January 26, 2020

The Monthly Principles Summary: Principles of Knowledge Economy Jan. 2020

 It is important to develop your own company tailored principles to inspire change mentality, motivate positive attitude and good behaviors, and to generate winning concepts for digital transformation on a consistent basis.

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.


Principles of Accelerating Knowledge-Economy

Three Principles to Practice Expertise Power? Power has many different formats; some visible, some invisible; some are earned, some are given; some are delightful, some are intimidating. There are three powers either as visible or invisible hands in an organization: Structural power (the position with the organizational hierarchy), expert power (business and technical knowledge), and connection power. Due to the exponential growth of information and the shorten knowledge cycle, expert power is perhaps more powerful than other types of powers in the digital era because brainpower can stimulate all kinds of creativity; and the knowledge power is the key for any sort of human progress. Here are three digital principles to practice expert power effectively.

Following the "BASIC” Principles in Problem-Solving and Digital TransformationThe digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. 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 and solve problems. To make a seamless digital transformation, it’s important to set guidelines and make updated rules for navigating through changes and steering the journey of digital transformation

Setting Digital Principles to Guide Through Digital Transformation Credo is a Latin word that means "a set of fundamental beliefs or a guiding principle." For a company, a credo is a set of well-defined principles based on its management philosophy. Principles are general rules and guidelines, intended to be enduring and seldom amended. Philosophy is the history of ideas and an ongoing inquiry into the nature of things based on abstract reasoning rather than empirical methods. Digital means flow; digital organizations have to adapt to the continuous changes and business dynamic to get digital ready. The challenge is to prioritize what you know about and keep an eye open for signs of things you don't know about. Therefore, it is important to develop your own company tailored credos to inspire change mentality, motivate positive attitude and good behaviors, and to generate winning concepts for digital transformation on a consistent basis.

Three Principles in Building a Creative Digital Workplace Digital is the age of people, and the digital work environment needs to embrace the abundance of information and the culture of innovation, put people at the center of business, and to both engage employees and delight customers. How can digital leaders set principles to encourage creativity, build creative digital workplaces and open a new chapter of digital innovations?

Following “ADVANCE” Principles to Build “Future-Proven” Digital Leadership The rule of thumb about leadership is for ADVANCEMENT. Advancement is about forward-thinking, progress, improvement, fresh insight, modernization, or innovation while the opposite of advancement is primitivity, outdated concept or knowledge, lagging, backward, etc. When following “ADVANCE” principles, leaders become more mature; people are becoming more progressive; the life or the business reaches up to the next level of maturity, and the society as a whole is advancing to the next stage of prosperity.

The “Future of CIO” Blog has reached 3 million page views with about #6300th 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.


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