Monday, March 9, 2020

The “Intangible” Quotes of “Digital Master” Mar. 2020

There are many tangible and intangible variables to decide the ultimate success of the business transformation.

"Digital Master” is a series of guidebooks (28 + books) to perceive the multi-faceted impact digital is making to the businesses and society, help forward-thinking organizations navigate through the journey in a systematic way, and avoid “rogue digital.” It perceives the emergent trends of digital leadership, provides advice on how to run a digital organization to unleash its full potential and improve agility, maturity, and provide insight about Change Management. It also instructs the digital workforce on how to shape a game-changing digital mindset and build the right set of digital capabilities to compete for the future. Here is a set of `Intangible” quotes in “Digital Master.”

1 You can't command someone to be creative or adaptive. People must have some intangible performance drivers that get them motivated every day to exercise their “creative muscle,” and let their creativity flow.

2 Knowledge Management should take a holistic approach by thinking knowledge as the business consciousness and treating knowledge as an intangible asset of the organization.

3 Human Capital does make sense within the context of the goals of a company especially when you consider Human Capital is the largest intangible asset of a company.

4 The idea of applying the asset management principles to arrange your own corporate knowledge strategy is worth deploring, although knowledge is more intangible, complex and dynamic compared to the physical asset.

5 Besides human capital, the key to ultimate business success today is intangible knowledge assets developed through smart data and antifragile processes. The intangible asset and innovation capital drive the business value, growth, and performance of organizations across the vertical sectors today.

6 Being “digital ready” goes beyond just applying the latest digital technology, it is a holistic effort and multifaceted discipline to touch every aspect of the business. There are many tangible and intangible variables to decide the ultimate success of the business transformation.

7 A business capability defines "What" a business does or can do by encapsulating all organization resources (tangible, intangible or human resources).

8 Many companies and "managers" focus on the tangibles, but they lack an in-depth understanding of the intangible elements in change management, just getting them to consider the list of intangibles business elements would be a breakthrough.

9 Neither change nor resistance to change is a problem. Instead, leadership, communication, culture, and engagement are the intangibles or the “soft factors,” to successful change or lack thereof is the problem.


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