Saturday, March 21, 2020

The Monthly “Digital Hybridity” Book Tuning: The Digital Hybrid Model & Organization Mar. 2020

 There are so many seemingly paradoxical, but indeed coherent elements in running a digital organization today.

The purpose of the book “Digital Hybridity: How to Strike the Right Balance for Digital Paradigm Shift” is to shed some light on how to strike the right balance of stability and changes; being transactional to keep spinning and being transformational to leap forward for making a seamless digital paradigm shift. Digital organizations should apply the hybrid management approach, focus on building a diverse, networked, and extended modern working environment in which the powerful digital platforms and computing technologies enable seamless conversations, delayer overly rigid organizational hierarchy, inspire idea-sharing and brainstorming, and engage employees and partners to achieve the high-performance result.

The Digital Hybrid Model & Organization

The Five Dimensional Hybrid Models for Going Digital The digital paradigm has many dimensions. Digital organizations today have the hybrid reality with both physical buildings and virtual platforms, the old way and the new way of doing things. It implies the “always-on” and hyper-connected business nature, exhibiting digital characteristics in various shades, extensiveness, and intensity. Therefore, digital management needs to adopt a hybrid model and take the holistic discipline with mixed management styles for managing everything that is necessary to get digital ready

Leverage Design Thinking to Develop New Business Models Every corporate venture comes with a business model, it’s about how the business makes a profit. The fundamental purpose of an organization is to produce 'value' for its customers. The emergent digital technologies and abundant information provide the very clue for the business growth opportunity. How to leverage design thinking and creativity to develop new business models and unleash the growth potential of the company?

Running a Digital Organization with Impartial, Independent Hybrids With rapid change and exponential growth of information, businesses today need nothing less than a paradigm shift in their thinking about the fundamentals of how organizations work. There are so many seemingly paradoxical, but indeed coherent elements in running a digital organization today. Forward-thinking organizations need to discover their own strength, find a niche and build a set of core and recombinant capabilities in order to become highly competitive and digital savvy.

The Hybrid Decision-Making Style The digital leaders and professionals spend a significant amount of time in making decisions. However, ineffective decision-making becomes one of the biggest root causes to fail businesses due to "VUCA" characteristics of the digital normality. Poor decision-making can cause business dysfunction, employee disengagement, or customer dissatisfaction; the short time loss or the long term pain in the organization. The point is that there is no one size fits all formula for all decision making, there are all sorts of decision-making styles depending on the decision maker's cognitive ability, knowledge, insight, or personality. With the increasing pace of change and overwhelming information, can the hybrid style help to improve decision-making maturity?

A Hybrid Organization With the fast pace of change and emerging digital technologies such as social, mobile and cloud, companies large or small are brainstorming the next generation of organizational design, how to take advantage of the new digital tools, how to improve productivity and enforce creativity & collaboration cross-enterprise ecosystem?

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