Wednesday, December 29, 2021

Innovativepovofcontemporarysociety

A new paradigm arises out of progressive mindsets, updated knowledge, and structural approaches.


We live in the hyper-connected and interdependent modern global society now, it’s important to gain an in-depth understanding of numerous visible and invisible factors that perhaps influence the cycle of organizational balance and growth. 

The fierce competition and continuous disruptions force business leaders to be more proactive and get really creative on how to improve information fluidity, internalize business value & culture, and explore collective potentiality to manage a seamless digital paradigm shift.


Information synchronization: In the digital era with “VUCA'' characteristics, the power of information empowers the business with real-time insight across the organization for making effective decisions by the right people at the right time, connecting the wider dots and experimenting with a new way to do things, acquiring the ability to reshape products, services, and customer engagement, and improving organizational fluidity and maturity. Information synchronization enables the organization to function like a living thing that is organic, energetic, responsive, coordinated, and consistent in the relationship with its environment. Ensuring data quality and establishing strong information governance are critical steps in information synchronization.

Timing is everything when facing fierce competitions and frequent disruptions. Organization is dynamic and complex, the degree of business responsiveness depends on how business subsystems interact with each other, and those interactions can be nonlinear, technical, informational, or human. Just-in-time information management is crucial for running a real-time digital organization. Information technology needs to really understand the strategic goals of the business and accelerate strategy management by synchronizing information and building the right bridge between business functions, geographical subdivisions, varying shareholders. Streamlining and standardization of information management processes is an essential prerequisite to provide effective information integration solutions for achieving information synchronization.

Culture internalization: With a dynamic business environment, the organizational change shouldn’t be just a few random initiatives, it needs to become a differentiated business competency. In management practice, understand your work environment, understand people, especially at the mindset level, understand what is required to be done, have the right resources and talent, and channel your energy into doing things that can make the difference and accelerate digital transformation. It’s important to bridge the gap between "raising awareness" of business reality - “as is” state of the organization and "internalization" of fine-defined corporate value, culture, and conceptual model, to reach the “to be” state of the business.

Besides integrating tangible business success factors such as people, processes, and technology, it’s important to fine-tune “invisible” business elements, foster a culture of learning and change, and nurture a working environment that inspires open-mindedness, professional excellence, learning agility, and innovation. There are many different perspectives of culture presented along with diverse ways and means of dealing with it. It involves internalization of the “out-of-the-box” thinking to break down outdated common beliefs, generate new concepts or fresh ideas, and take step-wise actions to ensure capability design must fit inside very strict business constraints; the newly established behaviors will be in harmony with the internalized corporate values.

Potential exploration: Performance keeps the light on, potential drives the future performance. Individuals showing potential are distinguished usually by their mastery of new roles quickly and effectively, learning more rapidly than their peers, and being innovative. The organizational potentiality includes the overall organizational ability to perform in the future by discovering their business strength and building core competencies. The importance of potentiality management depends on how and what the organization is utilizing the potential for and how to invest the collective potential for building the unique business competency.

In fact, potential development is the worthy investment and hidden dimension to explore emerging opportunities, design new business models, and investigate diverse paths for accelerating business growth. The potential portfolio investment needs to streamline the strategic objective alignment and accelerate future business growth. Make sure the # and financial investment of the initiatives of unlocking potentiality are aligned with at least one strategic objective over the total portfolio. As a society, we need to respect and encourage authenticity, difference, and uniqueness. It is only when all individuals challenge themselves and then come together as a group will we see real human potential achieved.

A new paradigm arises out of progressive mindsets, updated knowledge, and structural approaches.To effectively respond to the new dynamic, the organization needs to awaken the ecosystem consciousness via open information systems and flexible technologies, start thinking about ways for adapting to their business environment, and creating new revenue streams while becoming highly responsive, highly intelligent and highly innovative.

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