Tuesday, February 11, 2020

Orchestrate dynamic Competencies via Clusters of Managerial Activities

Business leaders today need to seek input for future adjustments, orchestrate dynamic competencies via managerial activities, and ensure the company capabilities fully support the strategy.

The goal for running a dynamic digital business is to create an organization in which change is the norm and happens all the time, thereby, delivering faster and increasing market share as well as improving the overall business maturity.

From a business management perspective,  capability-based strategy management has a higher success rate to meet business expectations. It’s important to deploy organizational assets in combination and disentangle dynamic capabilities in clusters of processes and managerial orchestration.

Provide a pathway into process optimization and dynamic capability building via sensing changes within the business ecosystem: An enterprise has to be linked to the many and varying touchpoints between itself and its ecosystem environment. Look, listen, feel, taste, and touch, etc, are all critical senses for driving changes. Achieving the visibility of strategy execution provides a pathway into process optimization and dynamic capability. It helps business leaders become more future-oriented and discover the path to where they need to go.

The very characteristics of digital organization are about openness, responsiveness, innovativeness, fluidity, hybridity, high quality, and great design, etc. To build dynamic capabilities such as changeability, information visualization helps to gain fresh and broader views, and discover unexpected connections in a rich business environment, be alert to identify blind spots, be flexible to adjust the strategic planning, be empathetic to engage employees, and be progressive to keep tuning processes which underpin business capabilities.

Seize growth opportunities and overcome the challenges: We don't live in a "closed system" but the dynamic digital ecosystem which is complex, interrelated, and interconnected, full of opportunities and risks. Don’t waste the opportunity, seize it. Because any business practice today is always a combination of people, process, and technology to develop business competencies. It is important to build a solid digital management framework that addresses both the tactical practices of getting the work done and the soft business factors associated with the digital paradigm shift such as communication or culture, etc, with the goal to execute the dynamic strategy in a structural way.

Unlocking business potentiality is the worthy investment and hidden dimension to explore the emerging opportunities, design new business models, and investigate different paths for expediting changes and accelerating business growth. From a talent management perspective, the collective human potential transcending into the business competency is the greatest thing and it takes cross-boundary collaboration to grasp opportunities, overcome challenges, improve employee engagement and make a leap of business maturity and societal advancement.

Accelerate continued renewal to reach the next level of business maturity: The digital organization is more like the living thing with self-adaptable and self-renewal capability. With frequent disruptions and fierce competition in the business ecosystem, the organization simply cannot stand still, never innovate or never make progress. Changeability, in fact, is a dynamic competency that enables the business to reconfigure the organizational structure and change their own behaviors, for their adaptation to environmental changes and business dynamics.

Digital transformation is a meaningful journey, the purpose is the salt you put on the teams for achieving common goals, self-renew in thriving as high-performance businesses. To understand the business and the world as a complex adaptive system with self-renewal abilities requires an understanding of how things have come together, being “built” on an intuitive level, make a dynamic thought out planning, take calculated risks and adapt to the emergent changes with speed.

There are competitions, conflicts, and controversies all over the place in today’s complex marketing environment. The digital organization is designed openly for anyone with ideas on how human organizations ought to be contrived in the face of challenges and strategic imperatives of the 21st century. Business leaders today need to seek input for future adjustments, orchestrate dynamic competencies via managerial activities, and ensure the company capabilities fully support the strategy.


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