Sunday, November 22, 2020

The Monthly Digital Framework Summary: Interwoven Competency Frameworks Nov. 2020

Frameworks add value as they are implementations of the patterns to avoid having to reinvent the wheel all the time.


The digital frameworks add value as they are implementations of the patterns to avoid having to reinvent the wheel, it helps the organization embed a digital culture into the very fabric of the business, explore digital in a structural way and laser focus on the most important things to get business digital ready.



Interwoven Competency Frameworks 


Innovation Framework Innovation is not serendipity. Working in an innovation garden not only takes passion but also needs the process and hard work. A systematic innovation approach is to depict innovation as a system, rather than a traditional process. Innovation performance depends on the alignment of its various components (people, process, resources, actions, controls, measurement, etc.). Though there's no single structure that will work in every organization, the comprehensive innovation framework with all important enterprise components is the great tool to intensify innovation with focus and manage innovation in a structural way.

Intelligent Problem-Solving Framework
Running a business is fundamentally an iterative problem-solving continuum. Due to fast-paced change, the exponential growth of information and continuous digital disruptions, the problems facing business also turn to be over-complex and difficult to solve. You need to have deep insight, take a holistic approach to complex problem-solving and build a comprehensive framework for both defining the right problems and solving them effectively. Otherwise, the temporary fix will cause you to reconsider the problem statement soon after. Here, we introduce a comprehensive digital problem-solving framework with "AISDE" components.

Capability Framework A business capability is an acquired and organized ability within a company to achieve certain business values, and it takes hard work to put in place and it takes time and effort to build sophisticated organizational capabilities and core business competency. Often unique business capabilities cannot be transferred because of the degree of organizational learning and organization that goes with it. A set of business capabilities directly decides the overall organizational competencies. Forward-looking organizations develop a business-specific capability and readiness framework with all important pillars to enable business strategy execution and unlock organizational performance.

Business Optimization Framework
An architectural optimization framework is a collection of knowledge composed of different groups of information and knowledge. The framework is also a playground within which you structure, build and perform your work such as culture, practices, knowledge, know-how; design and plan the future enterprise for helping the organization make a transition from the current state to the future state

GRC Frameworks "The digital frameworks add value as they are implementations of the patterns to avoid having to reinvent the wheel, it helps the organization embed a digital culture into the very fabric of the business, explore digital in a structural way and laser focus on the most important things to get business digital ready.

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