Thursday, September 24, 2020

Insight of the Week 9/18-9/25 “Future of CIO” Sep. 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 7100+ 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.

Improving Organizational Maturity via Enforcing Various Digital Characteristics The digital era upon us is people centricity, people are the most invaluable asset in any business. They are not just cost or even resource, but the human capital worth investing in a smart way. However, in most companies, people management is a silo discipline with outdated practices. Developing a highly mature digital fit workforce and talent competitive organization won’t happen overnight, it takes planning, adapting, and innovating to enable true meritocracy and make a smooth digital paradigm shift.

BoD’s “Self-Check” and Assessment Digital is the new paradigm shift to deeply connect the business nature to the natural ecosystem which is volatile and interdependent. High-performing boards need to make sound judgment and steer the business ship to the uncharted water or the blurred digital territories towards a well-defined vision. They should do “self-check,” and regularly evaluate how they are performing as the board, as well as develop the best and next set of digital practices to get digital ready.

Art and Science of Complexity Management Organizations become complex as an evolutionary trend, not for their own amusement, they do it to respond to environments more proactively. And much of that environment is experienced by trying to get things done. As a matter of fact, modern organizations spend significant time and resources to deal with complexity, is complexity good or bad, and how to manage complexity effectively?

Improve Business Balance and Growth Cycle Horizontally and Vertically Rapid change, complexity, and uncertainty are the new normal, digital organizations have to self-adapt and self-renew itself, be able to reconfigure the organizational structure, and change their own behaviors for improving their responsiveness and flexibility. They can improve and accelerate organizational balance and growth cycle both horizontally and vertically, develop differentiated business competency to accomplish defined change, and make a seamless digital paradigm shift.

Orchestrate Digital Innovation based on Business Intelligence Information is the lifeblood of digital business nowadays, the digital era upon us is about algorism, raw data from machines needs to be processed into information that is further refined into intelligence. And the quality of intelligence depends greatly on the quality of information. In specific, the abundant information can be refined into business foresight and customer insight that provide the very clue to connect wider dots to stimulate great ideas, build the updated competency model, and take a transformative journey from running a reactive business to shaping a real-time highly intelligent organization.

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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