Friday, February 19, 2021

Keywords Summary: Invaluable

Businesses value view is multi-faceted and it’s interesting to see how business value is in the eye of the beholder.


From one generation to the next, the substance of leadership does not change, it’s about the future, change, and influence. However, digital leadership trends will continue to emerge. 

Here is a set of featured blogs to dig into the “keywords” of the 21st century to brainstorm the future of digital leadership and business transformation.





    Invaluable


Invaluable
Today we are inextricably linked in real time and in ways far more imminent than most realize. Running a modern business is not just about crunching numbers, but also needs to connect the dots and paint colors. Organizations today need nothing less than a paradigm shift in their thinking about the fundamentals of how organizations work, as well as how to leverage information, evolve rapid changes and catalyze innovation.

Invaluable II Organizations across industrial sectors face hyper-competition and continuous disruptions. Running a successful business is about creating value to stakeholders. Business value is multi-faceted, not all business value is directly related to ROI. So it’s interesting to see how business value is in the eye of the beholder. To avoid fast obsolescence and gain long term advantage, business management needs to explore different paths for designing new business models, understand business value chain/stream, and take the alternative value creation approach to accelerate performance and unleash business potential.

Value Chain & Stream Management Businesses value view is multi-faceted and it’s interesting to see how business value is in the eye of the beholder. The business value stream/ modeling/mapping, once built, is a good tool to visualize the end-to-end enterprise. In fact, enterprise has many value streams, from ‘opportunity to vision’; from ‘vision to blueprint’; from ‘blueprint to roadmap’; from ‘roadmap to plan, ’and from ‘plan to solution,’ etc.

Information Technology as a Systematic Business Value Generator There are far larger, business-oriented responsibilities on the horizon IT should take, and there is also vertical permeation IT needs to make for accelerating business performance. In today’s digital business ecosystem with the exponential growth of information and ever-evolving digital technologies, Information Management is a key differentiator between high-performing organizations and mediocre companies.

Knowledge Management Structure and Value Create a structure for knowledge management that allows the business to measure it qualitatively as well as quantitatively for shaping a knowledge-savvy organization. Knowledge is information that has the potential to generate value. Knowledge is power. Compared to the physical asset, knowledge is more intangible, complex and dynamic. Some companies have managed it, but very few companies are doing what they should do to design a knowledge management structure....

The blog is a dynamic book flowing with your thought; growing through your dedication; sharing your knowledge; conveying your wisdom, and making influence through touching the hearts and connecting minds across the globe. The “Future of CIO” Blog has reached 5 million page views with about #7500 blog postings. Among 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. 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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