Monday, August 2, 2021

innercenterofgravity

A high-performance organization is the company that can explore their center of gravity, align all critical elements of business success factors seamlessly, quickly and safely assess all of the consequences of a possible change.

High velocity and fierce competition are the new normal. Many organizations are struggling with initiating strategic business efforts to break through stagnation and reach the next cycle of organizational growth. 

The management needs to provide coherence between actual capability and the objectives that have been defined, and addresses in outline how the strategic objectives will be achieved, which includes exploring your center of gravity to build momentum and shape long term organizational competencies.

Increasing tempo of operations on building real-time capability and capacity: Running a high performance organization means high-responsiveness and high speed. Achieving operational excellence is fundamental but not so easy. Business management needs to make an objective assessment of their organizational strength and weakness, capability and capacity, functional gaps and talent shortage, so they can explore their center of gravity to improve organizational performance. In reality though, many companies are overloaded and understaffed, with frequent disruptions, there’s nothing to be done about an uncontrollable situation, but real-time data-based business insight can help to identify internal inconsistency as well as external emerging activities or event, and try to work around and manage interventions smoothly. Leading organizations have strategic responsiveness to process business information almost real-time, communicate and collaborate with business counterparts timely to increase the tempo of operations.

Both business capabilities and capabilities are a fundamental building block with which companies can achieve operational excellence, create new business models, and accelerate business performance. The arrival of capacity and capability on demand helps to move closer to enhance organizational efficacy and harmony. It’s important to keep trimming wastes and redundancy, set priority to bring transparency and keep optimizing business structures and processes. High performance companies can retool the management to ensure that business capacity plans are in line with the corporate direction, and business capability development is a cohesive part of strategy management. They can create liaison and business partnership, wrap physical organizational structures, relationships, and virtual platforms and connections seamlessly to ensure clear responsibility and business agility. The periodic management check needs to be done at intervals, help in re-assessment of objectives and appropriate realignment, to ensure on time and on value delivery consistently, and realign the efforts to stay focusing on making strategic movement collaboratively.

Increasing intensity of innovation on lifting up the horizon of business strategy: Nowadays, innovation is the only path leading to business prosperity. As you innovate, you might find helpful changes to your strategy and you will differentiate your organization from competitors on the way. Innovation is costly most of the time, that is why you should really concentrate innovation on the direction of your strategy - intensify innovation with focus. Technically, complexity both drives innovation and also hinders it. Effective innovation requires a well-managed process as part of a holistic system and a strategic alignment, encompassing many key business aspects, and implementing via the right mix of process, technology and people.

Often, the lack of variety of things or point of views makes organizations stagnating in innovation. Since innovation is fundamentally about breaking assumptions, having more assumptions uncovered will lead to greater innovation. In a creative environment, people are encouraged to become independent thinkers, search for fresh concepts and simpler methodologies, which need to take innovative initiatives. Innovation management is an ongoing business continuum with multi-stepped processes that include both innovation resolution and management disciplines.

Improving plasticity of the organization: The neuroplasticity is the brain’s ability to rewire, connect, and adapt; the business plasticity is the organization’s capability to learn, connect, and adapt to the business environment with speed. We are living in a complex world where developments, disruptions, and conflicts are continuously happening and that makes it impossible to have a complete knowledge and understanding of many issues facing the business today. Changing, adapting to or mitigation is a "practical" way for the existing change plan to bring about the goals of tomorrow. Business management needs to ponder around: Can businesses and their people learn fast enough to rise above the change curve? Can their organizations connect the right dots to spur innovation? Can the current business system handle a shock in the business tomorrow and demonstrate resilience? The shock could be either positive or negative, such as a strategic business shift, a new large customer, new vendor relationships, scale up or down business.

Business management needs to deliberately improve the organizational plasticity by improving organizational learning agility, process agility, talent versatility. And it also involves the application of technologies and processes of capturing, developing, sharing, and using knowledge timely, with the aim of optimizing the business value that is generated. A key element in self-adaptive organisms is people. Listen to people and help them improve learning plasticity, achieve their goals and objectives by overcoming barriers and more importantly, help people navigate through difficult changes. So the dynamic workforce today continues to depoliticize working culture, dismantle bureaucracy, solve business problems via multiple choice of solutions effectively.

The multidimensional digital effects provide impressive advantages in terms of the quality of information, the responsiveness of the business, the speed of delivery, and professionalism of digital workforces. Collaboratively, a high-performance organization is the company that can explore their center of gravity, align all critical elements of business success factors seamlessly, quickly and safely assess all of the consequences of a possible change and devise effective plans to provide a combination approach to drive transformative changes.

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