To stay competitive, the challenge is having a harmonized vision of business capabilities and maturities in a digital organization.
Innerconnectivity: Digital organizational structure is interrelational to connect the dots and the business management practices need to be interactive and informative to engage cross functional communication and harness cross-boundary innovation. Overly restricting boundary setting will cause silo thinking and create obstacles to effective problem-solving. The organization needs to keep the business fluid enough to interact with the expanded digital ecosystem seamlessly for improving business responsiveness, changeability, and speed.
Hybridity: Many organizations are the right mix of old and new; solid and flow, in order to adapt to the “VUCA” reality., the management approach should have the right mix of centralized and decentralized practices to meet business requirements. Organizations need to be solid enough to “keep things in order,” to achieve operational excellence; fluid enough to generate fresh ideas and spur innovation; make a seamless shift from overly rigid pyramidal organizational structure toward flatter hierarchies; from process-driven “command & control” management style to people-centric personalization.
Orchestration: In the digital era, companies operate within ecosystems to deliver value to their customers. What the business needs is not just the faster speed, but an orchestrated hyper-connected ecosystem with information-based communication synchronization and collaboration-driven relationship harmony. Cross-silo or cross-divisional collaboration is crucial to building dynamic digital capabilities. Forethoughtful organizations purposefully plan and orchestrate their ecosystem in which companies can keep renewing themselves by striking the right balance of stability and growth. The information-savvy digital business will be "organically" and adaptively developed, iterating and empowered to enforce its transcendent purpose by expanding both horizontally and vertically, across all business dimensions.
Digital organizations are all about information savvy, adaptation, people-centricity, high-performance, and speed. To stay competitive, the challenge is having a harmonized vision of business capabilities and maturities in a digital organization. The companies must go beyond experimenting with digital and commit to taking a systematic approach to explore the emerging digital horizon and unlock the full digital potential.
Hybridity: Many organizations are the right mix of old and new; solid and flow, in order to adapt to the “VUCA” reality., the management approach should have the right mix of centralized and decentralized practices to meet business requirements. Organizations need to be solid enough to “keep things in order,” to achieve operational excellence; fluid enough to generate fresh ideas and spur innovation; make a seamless shift from overly rigid pyramidal organizational structure toward flatter hierarchies; from process-driven “command & control” management style to people-centric personalization.
Digital organizations are all about information savvy, adaptation, people-centricity, high-performance, and speed. To stay competitive, the challenge is having a harmonized vision of business capabilities and maturities in a digital organization. The companies must go beyond experimenting with digital and commit to taking a systematic approach to explore the emerging digital horizon and unlock the full digital potential.
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