Thursday, August 13, 2020

The Insight of the Week 8/7-8/13 “Future of CIO” Aug. 2020

 Blogging is not about writing, but about thinking, brainstorming, innovating and sharing.

The “Future of CIO” Blog has reached 3 million page views with 7000+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. 

The “Digital Master” book series includes 28 books to share insight from the multidimensional digital lens and perceive the multi-faceted impact the digital era upon us is making to businesses and society. The content richness is not for its own sake, but to convey the vision and share the wisdom. Here is the weekly insight of digital leadership, IT Management, and Talent Management.

Understand These “Thin Lines” Well to Step into “VUCA” New Normal Wisely The digital era upon us is about hyper-connectivity, over-complexity, interdependence, diversification, and nonlinearity, it blurs the functional, organizational, industrial, geographical, and knowledge domain border. Forward-looking companies across vertical sectors are at the inflection point of digital transformation. It takes a lot of effort and resources to make change happen, and it takes even more effort to sustain changes. It's important to understand the following “thin lines” well, in order to step in the“VUCA” new normal and drive transformative changes smoothly.

The BoDs as “Digital Agilist” The business world has shifted from the industrial age to the digital era with “VUCA” reality, business agility is both philosophy and methodology, mindset, and framework. The role of BoD must always focus on the strategic initiatives of the organization amidst the mounting pressure of GRC responsibilities, and become the “Digital Agilists” who are able to phenomenally disciplined in focusing on creating value, developing the “digital-ready agenda,” overseeing the business strategy, setting “continuous improvement” culture tones, and steering their organization forward in the uncharted water smoothly.

Change is a “Sure Thing” Change is the only constant-even change itself-has been changed.Change is inevitable -you can’t step in the same river twice, life is a journey of change essentially. the opposite is-stagnation, inertia, hopeless. Changes are best when-they do not look like changes;it's part of the natural world.

Capability Design and Reconfiguration to shape Differentiated Business Competency Nowadays we don't live in a "closed system" but the dynamic digital ecosystem which is complex, interrelated, and interconnected, full of opportunities and risks. Every business should spend sufficient time on developing their own unique set of strengths and capabilities. As a matter of fact, a cohesive set of business capabilities becomes the digital competency of the organization. In practice, the enterprise capability design and configuration is uniquely challenging because of business constraints, a mixed bag of old and new processes, structures, as well as skill or knowledge gaps.

The Monthly Learning Summary: Abilities and Skills of Knowledge Professionals Aug. 2020 High organizational learning relates to high response in recognizing and addressing system constraints, adapt to the ever-changing environment. With the increasing pace of changes and the cutting-throat competitions, to effectively respond to the digital dynamics, either individually or collectively, continuous learning becomes an important skill for capability building and prerequisite of developing changeability.

Blogging is not about writing, but about thinking about the new ideas; 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 diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.


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