Saturday, August 22, 2020

The Monthly “Decision Master” Book Tuning: Understand Thin Lines to Step into “VUCA” New Normal Aug. 2020

11:24 PM  Pearl Zhu  2 comments

Making sound judgments and effective decisions become the core capability to differentiate the digital leaders from laggards. 

Decision Masters” refer to the digital leaders or professionals who can leverage multidimensional thought processes, information and intuition, and take a step-wise scenario for making effective decisions consistently. 

Decision Masters also refer to the businesses or organizations that follow a set of well-defined principles, leverage fine-tuned decision processes, efficient information management system, decision frameworks, tools, and metrics to enable people across the organization making effective decisions collaboratively.

Understand Thin Lines to Step into “VUCA” New Normal 



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 Conceptual Basis of Contextual Intelligence Many think the digital era upon us is about algorithm, raw data from machines needs to be processed into information that is further refined into intelligence. There are as many different ways to characterize intelligence as there are different types and forms of information implying on our senses.

A Set of Questions for Shaping Strategic Decision Making Making the right decision is both art and science. The effectiveness of strategic decision making directly impacts the long term business competency. It has to weigh in multiple factors and needs to search for profound business insight.

Five Causes of Ineffective Decision Making Due to the overwhelming growth of information and unprecedented uncertainty, either at the individual or the organization level, making sound judgments and effective decisions become the core capability to differentiate the digital leaders from laggards. However, across the sectors, the high ratio of strategic decisions have been made poorly and cause the catastrophic effect. And the individual’s bias or poor judgments diminish the trust, enlarge the creativity gaps, and tarnish the corporate reputation. Ineffective decision making is, unfortunately, pervasive and caused by varying factors, here are five causes of ineffective decision-making,

The Digital Evolution at the Mindset Level What is truly making a human as an intelligent being is our thinking capability. Our mind is a complex system of complex systems and many of them are very difficult to understand and grasp. They shape our thinking, communicating, and the way we perceive and understand things. Humans have sophisticated language skills. Is it because our brain is bigger and more complex than animals? Is human cognition converged with machine intelligence? The thoughts piled with the thoughts build into a cognitive mind. The most important capability of the cognitive mind is the willingness and ability to seek out knowledge, address our ignorance and the assumptions we make to minimize it, make a discernment based on such an understanding. Nowadays digital makes an impact on almost every aspect of our life and human society. So, what’s the digital evolution at the mindset level? And how to change the game via changing the mindset?

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