Innovative business is developed based on the emerging digital technologies, goal-driven, people centric dynamic processes, as well as connectedness to the world that makes whatever intelligence we have truly useful to people to achieve premium business results.
The innovative economy upon us is of people, option, empathy, or simply put, "personalization." Forward-looking companies shape competitive talent and teams, refine organizational design and structure, accelerate the speed of changes, take a broad range of perspectives on orchestrating transformative changes and leading innovation.
Loose coupling modular design improves organizational agility and speed: High velocity, uncertainty, and fierce competitions in the business environment are the driving force for the organizations to keep changing and innovating. Business capabilities underpin organizational strategy management. To improve business agility and accelerate speed, building an extensive and innovative organization is about developing the modular design architecture, craft scalable capabilities with quality and reusability, having internal processes being broken into modular components with the goal to achieve strategic flexibility. Loose coupling makes it possible to change the components without affecting the whole as long as the structure and interface are kept stable. It’s also crucial to align the different parts to adopt more points of integration with modular capabilities and processes; recombining them into differentiated core business competencies.
Adaptive and innovative organizations treat customers, channel partners, suppliers, and industry ecosystem participants as active agents who have permission to combine the modular capabilities exposed in a platform to create new experiences and expand their impact; make continuous deliveries to delight customers. From an organizational design perspective, the physical organizational structure, relationships, and virtual platforms and social connections wrap around each other to ensure responsibility, information fluidity and collaboration, with the goal to unleash the collective human potential and achieve the high-performance result for the long run. Keeping rationalizing and optimizing is a continuous effort for building an evolving digital organization to advocate the concept of “business as a whole is superior to the sum of pieces. It takes cohesive collaboration for business as a whole, aligns the different parts of the ecosystem to adopt more points of integration, with layered and loosely coupled modular capabilities to build differentiated business competencies.
Information based Intelligence drives actionable corporate behaviors: The digital organization is a complex and adaptive business system which keeps evolving. Information is actionable, the issue of "actionable" is more a matter of whether intelligence instructs smart actions, generates value and builds differentiated business advantage. Information Technology plays a fundamental role in deploying the new ecosystems, circulating information within the ecosystem seamlessly. Information can be refined into corporate insight for deepening the understanding of the relationships between business objects, processes & patterns and derivation of associated value for the good of the organization.
Fundamentally, running an adaptable business is about doing data-based analytics, taking smart actions, and responding to business changes continuously. Nowadays, information-based intelligence touches almost every critical aspect of business from financial to competitive analysis to workforce analysis to customer sentiment analysis, etc. It is the aggregation and assessment of information that creates the intelligence required to define the rules and strategies driving the business forward effectively. Everything has an intelligent touch base from how pricing is affecting close times and support calls to referral business activity triggered by high customer satisfaction, etc. High-intelligent businesses can sense and create new markets before competition. Thus, making it much more sustainable than the competition, have a clear understanding of how people-centric approaches enhance the business model and extend profitability.
Adaptive workforce and empathetic culture are the most important elements in shaping a people-centric, intelligent organization: Today's knowledge workforce is a technology savvy new breed with the key characteristics of multi-generation, multicultural, and multi-devicing. The most challenging work for the business management is to put the right people in the right positions for solving the right set of problems timely. Thus, empathy is a need for managers to be able to relate to people's feelings and bring out their potentials and develop them to be in line with the vision and mission of the organization.
Culture is invisible but crucial, as it is a corporate personality. One of the important aspects of scrutinizing corporate culture is about how decisions are made at the different levels of an organization; the judgmental maturity and discernment skill sets of people. People are different because they have different personalities, education, background, experience, preference, etc. To capture the spirit of culture, management needs to uplift from culture-awareness to culture-empathy and cultural intelligence by deeply understanding people, creating bonds with respect and trust, sharing their viewpoints, understanding their value, motivation and priority, and getting anyone you work with energized and involved. Let people know you are going to help them via connecting hearts and touching the minds for unlocking their potential.
Every forward-thinking organization has the digital ambition to become a customer-centric, living, and smart business. Organizations need to proactively invest in the cultivation of capacity for innovation and run the highly adaptive business in which change is the new norm and happens the whole time. Innovative business is developed based on the emerging digital technologies, goal-driven, people centric dynamic processes, as well as connectedness to the world that makes whatever intelligence we have truly useful to people by a sort of resonance between cognitive dimensions and the actual world we co-inhabit with those around us, creating synergy to achieve premium business results.
Loose coupling modular design improves organizational agility and speed: High velocity, uncertainty, and fierce competitions in the business environment are the driving force for the organizations to keep changing and innovating. Business capabilities underpin organizational strategy management. To improve business agility and accelerate speed, building an extensive and innovative organization is about developing the modular design architecture, craft scalable capabilities with quality and reusability, having internal processes being broken into modular components with the goal to achieve strategic flexibility. Loose coupling makes it possible to change the components without affecting the whole as long as the structure and interface are kept stable. It’s also crucial to align the different parts to adopt more points of integration with modular capabilities and processes; recombining them into differentiated core business competencies.
Adaptive and innovative organizations treat customers, channel partners, suppliers, and industry ecosystem participants as active agents who have permission to combine the modular capabilities exposed in a platform to create new experiences and expand their impact; make continuous deliveries to delight customers. From an organizational design perspective, the physical organizational structure, relationships, and virtual platforms and social connections wrap around each other to ensure responsibility, information fluidity and collaboration, with the goal to unleash the collective human potential and achieve the high-performance result for the long run. Keeping rationalizing and optimizing is a continuous effort for building an evolving digital organization to advocate the concept of “business as a whole is superior to the sum of pieces. It takes cohesive collaboration for business as a whole, aligns the different parts of the ecosystem to adopt more points of integration, with layered and loosely coupled modular capabilities to build differentiated business competencies.
Information based Intelligence drives actionable corporate behaviors: The digital organization is a complex and adaptive business system which keeps evolving. Information is actionable, the issue of "actionable" is more a matter of whether intelligence instructs smart actions, generates value and builds differentiated business advantage. Information Technology plays a fundamental role in deploying the new ecosystems, circulating information within the ecosystem seamlessly. Information can be refined into corporate insight for deepening the understanding of the relationships between business objects, processes & patterns and derivation of associated value for the good of the organization.
Fundamentally, running an adaptable business is about doing data-based analytics, taking smart actions, and responding to business changes continuously. Nowadays, information-based intelligence touches almost every critical aspect of business from financial to competitive analysis to workforce analysis to customer sentiment analysis, etc. It is the aggregation and assessment of information that creates the intelligence required to define the rules and strategies driving the business forward effectively. Everything has an intelligent touch base from how pricing is affecting close times and support calls to referral business activity triggered by high customer satisfaction, etc. High-intelligent businesses can sense and create new markets before competition. Thus, making it much more sustainable than the competition, have a clear understanding of how people-centric approaches enhance the business model and extend profitability.
Culture is invisible but crucial, as it is a corporate personality. One of the important aspects of scrutinizing corporate culture is about how decisions are made at the different levels of an organization; the judgmental maturity and discernment skill sets of people. People are different because they have different personalities, education, background, experience, preference, etc. To capture the spirit of culture, management needs to uplift from culture-awareness to culture-empathy and cultural intelligence by deeply understanding people, creating bonds with respect and trust, sharing their viewpoints, understanding their value, motivation and priority, and getting anyone you work with energized and involved. Let people know you are going to help them via connecting hearts and touching the minds for unlocking their potential.
Every forward-thinking organization has the digital ambition to become a customer-centric, living, and smart business. Organizations need to proactively invest in the cultivation of capacity for innovation and run the highly adaptive business in which change is the new norm and happens the whole time. Innovative business is developed based on the emerging digital technologies, goal-driven, people centric dynamic processes, as well as connectedness to the world that makes whatever intelligence we have truly useful to people by a sort of resonance between cognitive dimensions and the actual world we co-inhabit with those around us, creating synergy to achieve premium business results.
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