Sunday, December 13, 2020

Innovation

At the age of digitalization and knowledge economy, ; things are moving or have moved from a "decisive and authoritative", “command & control” leadership style/engagement to a "participative, collaborative, social" leadership style/engagement. 


Digital makes a significant impact on every aspect of the business from people, process to technology, both horizontally and vertically. The digitalization flattens the organizational hierarchy and blurs the functional, organizational and geographical borders in the business ecosystem. 

It is like a gigantic puzzle with many misplaced pieces, you have to put them all in the right places to discover the real meaning and unleash its full potential. You cannot make a true digital paradigm shift without an in-depth understanding of the digital interconnectivity and embracing the multitude of digital maturity.


     Innovation


Intention
As businesses and the world move deeper and deeper into the digital world of VUCA -volatility, uncertainty, complexity, and ambiguity, while company boundaries are blurred and the world is so hyper-connected, who leads whom? How can leaders make a positive influence and regain the trust of the society? How can they harness the creativity and passion of the workforce in pursuit of competitive advantage & unique difference in the global stage? What are the most important ingredients in great leadership?

Insight Leadership is about the future and change. More specifically, leadership is about creating a powerful future that is compelling in the present, utilizes the best talents, capabilities, and resources of their people and organization to drive changes and produce meaningful and valuable results. People lead at different levels. The senior leadership of the organization or the society is like the steering wheel to ensure their ships are moving in the right direction towards the uncharted water. Senior leadership is neither equal to seniority nor the big title, it implies the high level of intellectual and emotional maturity, strategic foresight, profound insight, decision wisdom, and high-level leadership influence.

Intrapreneurship Corporate Entrepreneurship or intrapreneurship has been recognized as potentially viable, it means for promoting and sustaining organizational performance, renewal and enforce competitiveness. Being entrepreneurial is first the mindset, then an attitude and skills are the easier part to be developed.

Impact The purpose of the board of directors is to enforce governance disciplines by directing business in the right direction and monitoring the business performance. It needs to be remembered that governance as a discipline is a living breathing entity that continually requires stroking and attention, otherwise, it will stagnate and lose its ability. To lead effectively, directorship in any forward-thinking organization must have the ability to guide, inspire, motivate and embrace business trends such as digitalization and globalization, take multiple responsibilities, and make significant impact to drive transformative changes seamlessly.

Ingredients At the age of digitalization and knowledge economy, the business environment is much more dynamic and connected; things are moving or have moved from a "decisive and authoritative", “command & control” leadership style/engagement to a "participative, collaborative, social" leadership style/engagement. Thus, leaders and managers need to cultivate the new mindset/ skillset to make this paradigm shift smoothly. In order to lead today’s multi-generational, multicultural and hyper-connected workforce effectively, here are top ten "Ultra-leadership" characteristics.

The “Future of CIO” Blog has reached 3 million page views with about #7300th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The “Digital Masterbook 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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