Monday, January 20, 2020

“Understanding the Multitude of Business Effect” Summary Jan. 2020

 It is important to understand the multitude of business effects digital leaders might need to deal with, and take the logical steps for reaching the next stage of digital management fluency.

With the increasing pace of changes and the cutting-throat competitions, to effectively respond to the digital dynamics, either individually or collectively, it is important to understand the multitude of business effects digital leaders might need to deal with, as well as numerous pitfalls the management should pay more attention to, and take the logical steps for reaching the next stage of digital management fluency.



           Understanding the Multitude of Business Effect



Understanding The Multitude of Business Effects to Accelerate Changes Businesses today need nothing less than a paradigm shift in their thinking about the fundamentals of how organizations work to build an authentic culture and an engaging workforce, It is the transformation that is reshaping our thinking and recasting the way we view ourselves, the systems of which we are the part of the environments. It is important to understand the multitude of business effects digital leaders might need to deal with, as well as numerous pitfalls the management should pay more attention to, and take the logical steps for reaching the next stage of digital management fluency.

Digital Master Tuning: The Pygmalion effect The idea behind the Pygmalion effect is that increasing the reader's expectation of the follower's performance will result in better follower performance. The Golem effect is the opposite, so low expectations beget low performance. As a person/leader, how do you think your expectations of people affect their performance? How to leverage the Pygmalion effect in growing more Digital Master in your organization?

Anti-Digital Mindset: Group Thinking and Abilene Paradox Group Thinking or peer pressure is a term first used in 1972 by social psychologist Irving Janis that refers to a psychological phenomenon in which people strive for consensus within a group. In many cases, people will set aside their own personal beliefs or adopt the opinion of the rest of the group. In an Abilene paradox, a group of people collectively decide on a course of action that is counter to the preferences of many or all of the individuals in the group. You can see it at work when nobody wants to admit that the project is doomed, so they keep working on it, even though each person on the team knows it is futile. Why is it human nature to go along with what we believe the rest of the group wants to do without taking the time to actually check out if we are all taking a trip to Abilene?

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 the study. From a business management perspective, which “effects” should you understand in order to achieve management effectiveness and efficiency?

People 2.0: How to Accelerate Employees to the top of Maslow’s Pyramid 2.0 According to Maslow, once a person has fulfilled a need for one layer, they’ll move up to a higher level. And numerous studies have shown that in the workplace, the revised Maslow pyramid 2.0 is a good practice: if you’re going to motivate your people, besides compensation, fair and consistent talent management should be in place, acceptance, appreciation. and affiliation can attract talent to have sense of belonging, at digital era, and today’s cross-generational, cross-cultural and cross-geographical working dynamic, the new generation of workers also pursue freedom, independence, and autonomy, at highest level, to find meaning, purpose, and mastering of work, so focus on what will matter most to your employees.

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. 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; 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 your voice, deepen your digital footprints, and match your way for human progression.

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