Tuesday, November 3, 2020

The Monthly “Change Insight” Book Tuning: Inspire Change & Balance Cycle Nov. 2020

 The digital business cycle could be viewed as resulting in emergent means of shaping a vision or mantra reflecting the “mind and soul” of the company to accelerate the pervasive digitization via continuous balance cycles of participation, adaptability, expansion, innovation, and optimization.

Change is inevitable, organizational change has become a common practice within an organization, but too often changes are made as a reaction to outer impulses, crisis, and demands. This is the bureaucracy’s way of meeting the challenges. A digital transformation is achieved via dynamic Strategy-Execution-Change lifecycle management, though it is not all linear steps, but an iterative, ongoing and upgoing change continuum.



Inspire Change & Balance Cycle 


Improve Change Capacity by Taking Multidisciplinary Management Approach
Digital transformation represents the next stage of organizational maturity which will improve how the enterprise works and interacts with its ecosystem and deals with the challenge of “VUCA” digital new normal. It requires accelerated digital mindsets and takes a multidisciplinary management approach to improve the change capacity of the business and unlock business performance.

Organizational Multi-faceted Change Cycles to Get Digital ready Digital organization is dynamic and complex, the degree of business responsiveness depends on how organizational subsystems interact with each other, and those interactions could be nonlinear, technical, informational, or human. To follow the “simplexity” principle and lift the organizational maturity, the company needs to integrate its interdependencies, streamline the multitude business balance and growth cycle, and take multifaceted management disciplines to get digital ready.

The Pervasive Digitization via Continuous Balance Cycles Over the last couple of decades, due to rapid changes and fierce competition, businesses have been faced with increasingly more complex and pressing problem-situations, embedded in interconnected business ecosystems operating in dynamically changing environments. The digital business cycle could be viewed as resulting in emergent means of shaping a vision or mantra reflecting the “mind and soul” of the company to accelerate the pervasive digitization via continuous balance cycles of participation, adaptability, expansion, innovation, and optimization.

Harness Transformative Changes through Business Architecture Lens The business complexity and disruptive changes have increased significantly due to “VUCA” characteristics. Nowadays both the digital world and the physical one are indispensable parts of the business. The purpose of digital transformation is to achieve people-centricity, unlock performance, and improve organizational maturity.

How to Manage Digital Balance Cycles Effectively Digital transformation is inevitable, it means the increasing pace of change and fierce competition. Organizations must keep the lights on and also make strategic movements all the time. Like running up to the string, keeping digital balance is critical in reaching digital aptitude. But how to manage the following digital balance cycles effectively?

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