Tuesday, March 2, 2021

Book "Digital Master" Insight: Interdependence

The challenge for digital organizations is to manage its portfolio of relevant cross-border strategic synergies and organizational interdependence, to achieve the digital equilibrium via delicate balance.


Digital makes a significant impact on every aspect of the business from people, process to technology, both horizontally and vertically. Digital becomes the very fabric of high performing business, being outside-in and customer-centric is the new mantra for forward-looking and high mature digital organizations today. 

Digital Master refers to those high-performing, highly innovative and high-mature (less than 15%) digital organizations; they have both clear digital vision and well-crafted digital strategy; they are courageous to be in the vanguard of digital transformation with a quantum lead. Digital leaders must realize that you cannot wait until there is an immediate pressing task, continuous adaptability is necessary in an ever-changing world, in order to run a high mature digital organization.


Interdependence



Inner-interdependence
Either digital organizations or modern societies are loosely defined as dynamic entities and the hub of cultures within a geographical location. The digital business today is not just working within the industry, but permeating a cross-ecosystem which is dynamic, continuous, interdependent and interactive. Imagine the organizational complexity that comes in due to very characteristics such as less structure, rules and regulations, diversity, volatility,...

“Interdependence” Characteristic of Digital Organizations The challenge for digital organizations is to manage its portfolio of relevant cross-border strategic synergies and organizational interdependence, to achieve the digital equilibrium via delicate balance. Digital makes a significant impact on almost every aspect of the business from people, process, to technology, both horizontally and vertically. It does make a smaller world, but also makes businesses and the world super complex and full of uncertainty..

Interdependent Thinking: What’s your System Thinking of the World Interdependent Thinking is a true system view of the world. One of the significant characteristics of emerging digital era is interdependence, due to the latest digital technologies such as social and mobile, the business and world have become hyper-connected and interdependent, it does make a smaller world, but also makes businesses and the world super complex and full of uncertainty and ambiguity.

Impartial, Independent Hybrids It is important to understand that dynamic business development is multifaceted, gain the necessary knowledge to run a digital organization with impartial, independent hybrids and orchestrate a holistic digital ecosystem. With rapid change and exponential growth of information, businesses today need nothing less than a paradigm shift in their thinking about the fundamentals of how organizations work. There are so many seemingly paradoxical,...

Interconnectivity Digital transformation is not a stand-alone initiative, but a continuous journey of adapting to the digital new normal in the dynamic and hyperconnected business world. With rapid change, continuous disruptions, hyperconnected and always on business new normal, the emergence of potential opportunities for exploring digital transformation is likely to follow a nonlinear pattern as the pervasiveness of an organization's digital journey increases....

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