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.
The purpose of the book “Digital Capability - Building Lego-Like Capability into Business Competency “ is to provide an insightful understanding of assessing, developing, and managing organizational capabilities in a structural way.Innovative Capability
Innovativecapabilityassessment The capability is the ability to achieve the desired effect under specified performance, standards, and conditions through combinations of activities and resources. The enterprise consists of a portfolio or matrix of capabilities that are used in various combinations to execute the business strategy and achieve expected business outcomes.
Innatecompetencycharacteristics Competencies have been embraced around the world, as core practices, due to the huge skills gap among the workforce. To draw attention to the root meaning of the word, "competency," which probably comes from competition, to compete to be the best among the best. Competencies usually emerge from a blend of mindsets, skills, and disciplines to take certain activities for making accomplishment. The reality is that many individuals may practice a profession for many years but have not matured their practices, lack of well-crafted differentiated competencies. How to strengthen your strength and build professional competencies.
Innovativecapabilityamplifier 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.
InnoateviaCapabilityimpovement The organizational capabilities today are the result of its history and this history constrains what capabilities the firm can perform in the future. Business capabilities are fundamental pillars to achieve the corporate strategy. Capabilities evaluation is a good starting point to assess business strength, and estimate probability of strategy management success rate. A comprehensive capability identification, mapping and business case development help the company achieve its targeted performance and realize the clarified business vision.
Capability Refinement Cycle With rapid change, frequent disruptions and fierce competition across the globe, capability development is an emerging discipline for professionals today to identify their raw talent, train skillset, build their unique capabilities which evolves and moves from the fundamental level to differentiated level between categories based on the professional talent, traits, drive, strength, skills, personality. Technically speaking, capability is different from talent or skill because it’s the ability to do certain things and solve certain problems. Thus, the capability maturity assessment is based on the scale and scope of problems you can solve, and the degree of impact you can make on your surroundings, organizations, or our society. The objective assessment of capability is important to design, build, and preserve core competency, for shaping the new breed of competitive, innovative and unique business leaders and professionals.
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1 comments:
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