Wednesday, May 27, 2020

The “Accumulation” Quotes of “Digital Master” May 2020

 Transformation is the momentum from quantitative accumulation to the quantum leap.

"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 “Accumulation” quotes in “Digital Master.



1 From survival instincts to thriving sophistication, it’s not quantitative accumulation, but a digital quantum leap.

2 Capabilities are an accumulation of competencies that are used for achieving the strategic goals. Competencies are what people know, use, do, and can achieve.

3 Highly effective Risk Management is not just about risk mitigation or controlling, but more advanced as risk intelligence; because it enables the accumulation of enough resources to thrive by capturing opportunities in it and adapting to the uncertainty and changes.

4 Given the dynamic nature of the digital organization and the complex mix of its resources and business factors, a well-defined set of innovation performance metrics need to be considered in better measures of innovation success such as revenue sustainability, customer satisfaction, knowledge accumulation, brand reputation or price elasticity, etc.

5 Organizations must have solid risk management disciplines, make objective assessments, develop a high-effective management framework, provide backup options, and make the transition from risk mitigation to risk intelligence - the accumulation of enough resources to thrive by capturing opportunities in it and adapting to the uncertainty and changes smoothly.

6 A well-defined standard set of innovation performance metrics would need to be considered in better measures of innovation success such as revenue sustainability, customer satisfaction, knowledge accumulation, brand reputation, or price elasticity, etc.

7 Change is a vital element for the contemporary organization to stay competitive, and transformation is a radical change. Transformation is the momentum from quantitative accumulation to the quantum leap.

8 In the beginning, you often make a one-dimensional, linear, arithmetic concept of accumulation, but at the end, when you have gone through the mufti-dimensional analysis or process, nonlinear thinking helps you understand things systematically, to embrace the emergent changes or properties, comprehend dynamics, inductions or deductions, understand variables, interfaces, and interaction.



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