Monday, November 8, 2021

Innovativecapabilityamplifier

Assign bright business personas to enhance various management disciplines, improve corporate capability effectiveness for achieving business purposes and strategy.

Enterprise capabilities are made up of both hard and soft business elements such as people, process, and technology and enterprise capability management in essence consists of a portfolio or matrix of capabilities that are used in various combinations to produce business outcomes.

 Capability-enabled business strategy has significantly higher than usual success rate. Any business practice today is always a combination of key business components to develop and optimize business capabilities. In face of rapid changes and fierce competitions, organizations need to accelerate their capability development cycle, identify important capability amplifiers to unlock performance and deliver higher-than-expected business results.

Process integrators or improver:
Processes underpin capabilities; process improvement, time, and period reduced for the business directly impact the maturity level of business capability. One capability may be implemented by multiple business processes for multiple products and services. High performing businesses depend on their differentiated sets of dynamic capabilities which are underpinned by the well-managed business processes matrix within the organization.

The important attributes of enterprise capability include, but not limited to value contribution, reproducibility, transportability, propriety, etc. To amplify capability effect, process is a crucial component that needs to be reviewed in terms of the flexibility - how easily they can be reconfigured or changed; risks - measured in terms of the variability of the outputs, such as the delivery rate or quality level. The role of process integrators or optimizers leverage the emergent technology and information about process intelligence to keep tuning processes from static to dynamic, build business capacity and amplify capability to improve productivity and agility.

Corporate learning and knowledge management professionals: Unique business capabilities have involved corporate learning in it, thus, it’s hard to transfer. The strategic goal of corporate learning is to develop core business competency. Knowledge is power. The effective corporate learning is based on the knowledge management of the business. The goal of knowledge management is to keep knowledge flow and updated, so people across the organization can apply refined information or fresh knowledge to make sound judgments, right decisions, generate new ideas, and improve business intelligence. All of which create a great foundation to amplify corporate capabilities and build differentiated business competencies.

An essential role for Knowledge Management is the need to connect ideas but also people. The maturity level of Knowledge Management depends on how high and how fast the organization can climb “Knowledge Hierarchy” smoothly by managing a healthy knowledge- insight-wisdom cycle to overcome learning curves, catalyze knowledge transfer innovations, and amplify organization competencies.

Resource aligners
: Oftentimes, the enterprise capability design and configuration is uniquely challenging because of resource limitations. Resource management is an important discipline in capability development. Corporate resources include technological, financial, reputational, market structure and institutional assets, etc. Resource allocation impacts the level of balance in capability management. Executives as resource aligners are sufficiently aware of the "general condition" of the various capabilities to input into a qualitative assessment, allocating resources effectively, optimizing cost, and making the level of balance in a capability portfolio.

In practice, resource management is an important aspect to develop business capabilities. or other business constraints. Resource aligners are the collaborative role as how resources are allocated needs to be understood by all important parties. And the resource allocation scenario should get all related people involved, set priority, and keep the process transparent in order to amplify capability, improve the level of quality for the delivered work products or services.

There are many "ingredients" in business capability development and other intangible and tangible resources, etc, that impact corporate capability maturity. Assign bright business personas such as capability amplifiers to enhance various management disciplines, improve corporate capability effectiveness for achieving business purposes and strategy.









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