Friday, April 1, 2022

Innerclarity

The "executive management buy-in," "executive management's unconditional collaboration" plus leadership and management discipline & practices, are all critical to improve strategic management success.

The digital business dynamic is full of uncertainty, velocity, complexity, ambiguity, fierce competitions and continuous disruptions. Organizations today are at the crossroads where the segregation or silo of business units are at a need to reach across the aisles and work with each other respectively in order to deal with complex business problems systematically. 

Businesses today are not just working within the industry, but permeating the cross business ecosystem. It is important to clarify key concerns, apply the holistic management approach to keep their business cool and lead digital transformation effortlessly.

What’s the size and complexities of the organization's business goals? What are the objectives? Most organizations have a very low success rate of strategy management. Strategic planning provides focus. It helps the leaders focus on the 20% of activities that will yield 80% future success. The senior management team set strategic goals, and they must be accountable for defining an objective that is achievable. It is only achievable if the supporting goals assigned to the team or individual contributors downstream -employees, can actually be achieved.

In a well-established organization, often the strategic goals are complex, senior management can break them down into smaller objectives, assigning them into competitive teams that have a unique set of capabilities to make accomplishment smoothly. That is, the individuals have to have the capacity to actually achieve the mission and its measure (supporting goal) assigned to them.

Has it been determined a need to develop a planned road-map for delivery optimization being agreed upon? The goals of business management are to achieve high performance business results. The roadmap is the outcome to mind gaps between “to-be” and “as-is.” The “to-be” should have to be defined first of all by collaboration. What you need in order to define your starting point, your end-state, and how to get there is completely dependent on the journey you want to take, the nature of the business or the competency of the organization. A roadmap should then typically contain or be informed by capabilities needed to get there, interdependencies, risks, approach, milestones.

You can define any type of roadmap within the context of business architecture by doing the exercise of developing a "To-Be" state first, then defining the strategic roadmap based upon the fallout of what has been discovered from that exercise. When you place the "To-Be" state first, it creates a paradigm shift in your approach. Capabilities, Issues, Risk, etc. will be quickly discovered. It’s also critical for the management to clarify what the application portfolio looks like today, what it needs to look like to achieve the business goals, the series of initiatives/changes/steps that bring the portfolio from here to there, etc.

How to improve process agility, how to bridge any gaps for process improvement?
Processes underpin capabilities, capabilities-enabled management have high success rate. Improving process agility is about striking the right balance of processes and flexibility. In order to operate a real time intelligent business, processes shouldn’t be dumb. Intelligence process is the process by which information is converted into intelligence and made available to users. Developing or having an intelligent process is about design and construction with built in checks, rules, feedback and all those things internal to the process itself, as well as its behavior, optimize the process design with advanced analytics capabilities.

In organizations with unstructured methods of work, people will do what is convenient and throw a process rule book at everything else. On the other side, there is a tendency to blindly follow processes rather than think about the outcome. Things to improve management effectiveness can be a business process improvement and business drivers including improvements to areas of the business have a direct customer impact.

Business management needs to break down silos and harness cross-functional communication & collaboration. The "executive management buy-in," "executive management's unconditional collaboration" plus leadership and management discipline & practices, are all critical to improve strategic management success, update their “divide and conquer” methodologies, take a holistic, integral, and iterative approach to go digital. as well as allow the organization to measure, serve, deliver, innovate, and ultimately excel in returns.

















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