Tuesday, August 18, 2020

The Monthly Foresight: Visualization Practices to Shape the Future of Business Aug. 2020

Improving organizational maturity from a reactive support function to a proactive change agent requires being able to lead courageously, with the ability to visualize, engage, communicate, and take a common-sense approach.


The effects of an increasingly digitized world are now reaching into every corner of businesses and every aspect of organizations. Digital is the age of creativity and innovation, creativity is the most desired trait for digital leaders and professionals today, and innovation is the light every organization is pursuing. 

Which themes shall you set to advocate digital transformation? How to lead toward the digital future effortlessly?

 


Visualization Practices to Shape the Future of Business 

 

Seeing is Believing: Three Visualization Practices to Lead Digital Transformation Digital transformation is a long journey, the path to digital can be iterative, evolutionary, revolutionary, or disruptive. Seeing is believing, one picture is worth a thousand words, all being said, the digital organization needs to be painted into the big picture, capture big insight, create effective visualization in order to enforce communication, and improve manageability to catalyze large scale changes such as digital transformation.

The “Vision” Thing in the Digital Boardroom Vision is a future state of being. The vision needs to be a good metaphor - 'the guiding light' so that people can see themselves and their work reflected in it. BoDs and C-level roles are supposed to be the guiding force in the enterprise, possess sufficient knowledge to understand the business ecosystem, develop the business vision to predict the emergent trends of business, technology or industry, so they can guide the executive team to the right direction and lead the organization towards its future confidently.

CIO as "Chief Improvement Officer": Three Visualization Practices Improve IT Organizational Maturity The emerging digital technologies, the exponential growth of information, and IT consumerization trends bring both challenges and opportunities for IT organizations to move up its maturity level from a support center to a trusted business partner. IT management per se is essentially science from the best practices perspective. However, designing intuitive products or services requires creativity and artistic touch; improving IT organizational maturity from a reactive support function to a proactive change agent requires being able to lead courageously, with the ability to visualize, engage, communicate, and take a common-sense approach. It is possibly more of an art than science.

Capture Multiple Views to Describe the Future State of BusinessThe business transformation journey is full of velocity and uncertainty, thus, a clear vision is in demand and it’s important to capture multiple views to describe the future state of the business. You will also need to tailor the communication of these views to different stakeholders, focus on defining what would appear to be the goals of the business in x years and how the organization and systems would be structured to meet that. And then, the futuristic business leaders and architects work backward from an expected future state and apply holistic management for both improving business performance and maximizing its potential.

IT Architecture as the Visualization of Strategy IT continues to grow in importance to organizations, both operationally and as a competitive advantage. Information Technology has become so pervasive in today’s enterprises. However, for many business executives, IT is just like a costly “magic” they know little about, that's why they don't trust it so much and even do not allow IT to work on strategies.

The “Future of CIO” Blog has reached 3 million page views with about #7000th 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. Blogging is not about writing, but about thinking and innovating 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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