Digital strategy management is both a system and a process to deal with dynamic and iterative planning and execution continuum.
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.
Implementation The conventional approach to strategy implementation is prescriptive or top-down, develop the strategy at the board or top management team, and then break it down into smaller chunks to align the organization with it. The precondition for this to work is that the external business environment is reasonably stable and slow to change. In today's digital dynamic or unstable business circumstances, the evidence points to strategy emerging rather than being prescribed. So what are key steps in strategy implementation, and how to improve execution effectiveness?
Inquiry All forward-looking organizations across the industrial sectors are on the journey of digital transformations. An effective board provides guidance on what core to preserve and what future to stimulate progress toward. The board with digital savvy BoDs understand what's required and how as a high-level basis of going digital means to the business, so they can make a significant impact on accelerating digital transformation with premium speed. Here is a set of digital boards’ strategy inquiries.
Integration The characteristics of digital transformation are high velocity, hyper-connectivity, hyper-complexity, and interdependence. The organizations are like the switch connected to the dynamic ecosystem which is controlled by both internal and external factors. To speed up change and spark creativity, the digital business life cycle could be viewed as resulting in emergent means of shaping a vision reflecting the objectives and soul of the company, participation, adaptability, innovation, and people-centricity.
Interwoven With the fast-paced change and fierce competition, businesses today need to move beyond the notion of a jungle of threats to a notion of the dynamic ecosystem in which they can manage both opportunities and threats effectively. Digital strategy management is both a system and a process to deal with dynamic and iterative planning and execution continuum. The forward-thinking organization should define a tight strategy implementation framework that enables exploration, adaptation, and timely response. It will also facilitate continual strategic renewal through learning, and, therein, create inherent abilities to respond to evolutionary as well as revolutionary changes and opportunities in the business ecosystem effortlessly.
Improvement IT implementations are core to strategic changes today, but many fail to achieve the business objective. In very few implementations, IT organizations make effort to ascertain how a "day in the life" of any worker at any level (from labor to management) will be impacted due to the new IT initiative. No measurements are made and then it severely impacts when you do a typical technical go live. So how should IT change management and project management go hand-in-hand, aiming at improving customer experience (ease of doing business) and optimizing overall organizational agility and maturity? Does it achieve the original objective? Does the customer experience actually improve significantly? And, how sustainable is the change or would it break down, has the entire organization embraced it well?
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 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.
Implementation
Implementation The conventional approach to strategy implementation is prescriptive or top-down, develop the strategy at the board or top management team, and then break it down into smaller chunks to align the organization with it. The precondition for this to work is that the external business environment is reasonably stable and slow to change. In today's digital dynamic or unstable business circumstances, the evidence points to strategy emerging rather than being prescribed. So what are key steps in strategy implementation, and how to improve execution effectiveness?
Inquiry All forward-looking organizations across the industrial sectors are on the journey of digital transformations. An effective board provides guidance on what core to preserve and what future to stimulate progress toward. The board with digital savvy BoDs understand what's required and how as a high-level basis of going digital means to the business, so they can make a significant impact on accelerating digital transformation with premium speed. Here is a set of digital boards’ strategy inquiries.
Integration The characteristics of digital transformation are high velocity, hyper-connectivity, hyper-complexity, and interdependence. The organizations are like the switch connected to the dynamic ecosystem which is controlled by both internal and external factors. To speed up change and spark creativity, the digital business life cycle could be viewed as resulting in emergent means of shaping a vision reflecting the objectives and soul of the company, participation, adaptability, innovation, and people-centricity.
Interwoven With the fast-paced change and fierce competition, businesses today need to move beyond the notion of a jungle of threats to a notion of the dynamic ecosystem in which they can manage both opportunities and threats effectively. Digital strategy management is both a system and a process to deal with dynamic and iterative planning and execution continuum. The forward-thinking organization should define a tight strategy implementation framework that enables exploration, adaptation, and timely response. It will also facilitate continual strategic renewal through learning, and, therein, create inherent abilities to respond to evolutionary as well as revolutionary changes and opportunities in the business ecosystem effortlessly.
Improvement IT implementations are core to strategic changes today, but many fail to achieve the business objective. In very few implementations, IT organizations make effort to ascertain how a "day in the life" of any worker at any level (from labor to management) will be impacted due to the new IT initiative. No measurements are made and then it severely impacts when you do a typical technical go live. So how should IT change management and project management go hand-in-hand, aiming at improving customer experience (ease of doing business) and optimizing overall organizational agility and maturity? Does it achieve the original objective? Does the customer experience actually improve significantly? And, how sustainable is the change or would it break down, has the entire organization embraced it well?
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 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.
1 comments:
Yes! The Roku users can stream and watch Super Bowl 2021 live on FOX Sports. But it's this time CBS has got the rights to stream it. So you can download CBS on Roku from the channel store and activate it to watch Super Bowl. Also, certain live TV streaming services can help you to stream the game live using Hulu with Live TV that has a 7-day free trial, fuboTV which is accessible in 4K with a 7-day free trial; Sling TV and YouTube TV that has a 14-day extended free trial for a restricted time
Post a Comment