Compared to traditional management that focuses on controlling and operational efficiency, contemporary management today is now all about transparency, innovation, and people centricity.
Business transformation is the change on a grand level and it is a thorny journey full of uncertainty, velocity, complexity, and ambiguity. In order to make transformative changes, Business leaders and professionals need to deepen their understanding of organizations, work they intend to accomplish, or the people they work with.
Corporate management should leverage varying tools to build an impressive road mapping for navigating, bridging, facilitating and orchestrating changes at the large scale. The organization has to explore multipath gateways, if needed, initiate changes to the fundamental business model, culture, or other critical business factors for reaching the next level of organizational growth and maturity.
Allow everyone in the organization to see the whole for making better decisions by seamless business alignment: Organizations across the industrial sectors face frequent disruptions and fierce competitions, there needs to be a better appreciation to examine a situation and understand the problem from different angles. The tunnel effect causes silo thinking, bureaucracy, diminishes trust, decreases productivity, and decelerates business speed. Organizations need to discover their “innate strength,” understand relationship/dependency between different capabilities, and make an objective assessment of their business functionality, innovation, or maturity. The value of the modeling/mapping is to visualize the end-to-end enterprise, understand the interaction and interrelationship dynamic, strengthen the alignment of organizational functions and structures,
Business expects IT to figure out ways to make the business smarter, better and faster. Many businesses aspire to agility when they are burdened by brittle, tightly coupled systems constrained by rigid roadmaps and deployment schedules. For improving organizational adaptability, innovation and speed, there should be a rolling plan in addition to the mid-term or long-term strategic planning document. If these changes are captured in the rolling plan, flexibility can be achieved. It requires seamless alignment of key business success factors, distinct patterns of capabilities, with specific positioning in the enterprise for improving organizational changeability.
Compared to traditional management that focuses on controlling and operational efficiency, contemporary management today is now all about transparency, innovation, and people centricity. It’s about active listening, communicating strategy and change in various forms and forums skillfully to tailor different audiences, including employees, customers, investor relations, or other business partners, building trust in the wisdom of the teams, giving proper credit where it is due, making constant experimentation, and exploring digital in a structural way.
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