Tuesday, March 3, 2020

The Monthly “Digital Master” Book Tuning: Orchestrate Continuous Digital Balance Cycle Mar. 2020

 Organizations of the future are increasingly exhibiting digital characteristics in various shades, extensiveness, and intensity. 

Digital makes a significant impact on every aspect of the business from people, process to technology, both horizontally and vertically. Digital becomes the very fabric of high performing business, being outside-in and customer-centric is the new mantra for forward-looking and high mature digital organizations today. Digital Master refers to those high-performing, highly innovative and high-mature (less than 15%) digital organizations; they have both clear digital vision and well-crafted digital strategy; they are courageous to be in the vanguard of digital transformation with a quantum lead. Digital leaders must realize that you cannot wait until there is an immediate pressing task, continuous adaptability is necessary in an ever-changing world, in order to run a high mature digital organization.

Orchestrate Continuous Digital Balance Cycle  

The Pervasive Digitization via Continuous Balance Cycles Over the last couple of decades, due to rapid changes and fierce competition, businesses have been faced with increasingly more complex and pressing problem-situations, embedded in interconnected business ecosystems operating in dynamically changing environments.

Three Digital Balance Practices for Leading to the Future The digital era upon us means fast-paced changes, continuous disruptions, overwhelming information, and a shortened knowledge life cycle. Organizations of the future are increasingly exhibiting digital characteristics in various shades, extensiveness, and intensity. Leading evolutionary changes and driving business growth is the never-ended journey that takes planning, methodologies, and practices. It’s important to understand that digital management is multifaceted and holistic. Balance, growth, and harmony are not fixed, they are flowing.

The Next Phase of Digital Refinement Cycle We live in the exponential digital era. The digitalization paints an excellent picture of the business interaction and interdependence of the expanded digital ecosystem. Forward-thinking organizations are in the state of introducing new business concepts, experimenting with something new or exploring better opportunities to grow their business, balancing the main elements impacting change such as people, processes/procedures and Information Technology, tuning key business success factors to reach the next phase of digital refinement.

Lift the business up to the Hyper-cycle of Digital Transformation Change is inevitable, organizational change has become a common practice. "Change" can be a somewhat mechanical implementation of new or different ways of doing something while the digital transformation is more likely to be a sweeping approach to altering a system or parts of it. Running a digital business is complex because all things do interact, particularly in the case of nonlinear interactions and interdependent relationships. How to overcome barriers and lift the business up to the hyper-cycle of business transformation?

Driving Change with a Full Cycle of “Forming, Storming, Norming, Performing, and Transforming” The digital era upon us is all about the increasing pace of changes, technology-driven disruptions, and "always-on" businesses with blurred functional, business, or industry territories. Going digital is about breaking down silos, applying the holistic digital management discipline to enter the next business growth cycle and expand organizational horizons to reach a higher level of business maturity. Organizational change management is not just about a few spontaneous business initiatives for reacting to business dynamics. It needs to drive changes systematically with a full cycle of “forming, storming, norming, performing, and transforming.”

The “Future of CIO” Blog has reached 3 million page views with about 6500+ 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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