Saturday, August 6, 2022

Implementation

Increasing global connectivity, uncertainty, chaos and ever-rising customer & employee expectations perhaps are some of the reasons behind this gap.


A digital strategy is cross-functional effort, multidisciplinary, multidimensional planning; it brings up new functions, roles, collaboration, demand for intuition and emergence, complementarities, philosophy, neutron sciences, and trans-disciplinary businesses. And digital strategy execution is not linear steps, but an iterative continuum.





        Implementation 


Implementation Rapid change is the business new normal, there are many roadblocks on the way of strategic planning-implementation. Corporate leaders today should navigate through complexity, velocity, uncertainty or ambiguity in a dynamic business environment. The planning and implementation as iterative processes that balance each other can produce meaningful outcomes.


Implementation II Increasing pace of changes and fierce disruptions are the new normal, statistically, strategy implementation has a very low success rate. Increasing global connectivity, uncertainty, chaos and ever-rising customer & employee expectations perhaps are some of the reasons behind this gap.


Implementationiii A good strategy helps the organization get a step closer to its vision, maintaining its core purpose, gaining a competitive advantage in the market to ensure all key/strategic stakeholders' expectations are balanced and met and improving long-term sustainability of the business.


Implementation iv Nowadays, companies across industries experience unprecedented ambiguity, uncertainty, disruptions, and fierce competitions, the evidence points to strategy emerging rather than being prescribed. They need to weave all critical business factors such as processes, technologies, people, culture, etc, into differentiated competencies, and overcome the varying challenges for improving the strategy execution success rates.

Implementation v  The digital world is so data-driven and information-intensive, there are varying distractions and fierce competitions these days, digital leaders and professionals need to concentrate on things that really matter.  The leaders or digital professionals with strategic wisdom would have a clear vision to pursue the large scale of transformation; the courage to step into the uncharted water, the agility to adapt to changes and have their perseverance to keep a laser focus on the most important things for achieving high performance results.

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