There are both opportunities and risks in uncertainty which, in the business or in any situation, are the hidden dimensions to catalyze business growth.
Organizations that are good at pushing the boundaries of a more complicated business mix, exploring the hidden dimensions of growth can create inter-business value and shape long-term organizational competencies.
A growth organization is an organic system which is able to re-configure its own structure and change its own behavior for riding above the learning curve promptly: Either individually or collectively, it’s important to overcome “growth pain.” The right people are able to become more learning agile, creative, generate great ideas, increase accountability. It takes practice to build a self-disciplined team which is composed of many self-motivated people who can adopt personal drive to achieve high performance in changing contexts, enabling the organization to achieve strategic goals through delegation; explore business growth opportunities via information-based analysis.
Organizational leaders are both self-motivated and can motivate people moving up to the growth trajectory, moving into the area of delegation and mentoring, take reasonable risks, go beyond their defined roles, demonstrate their creative capacities, intellectual capabilities to lead corporate growth and innovation.
Organizational diversified strategy aims of exploring business growth to create value and gain long-term advantage: Business strategy is a useful "qualifier" as a point of business competency and differentiation. Diversification and differentiation make the business stand out by allowing the business to close innovation bottlenecks, overcome change inertia, and develop unique business competencies to enable organizational growth.
The reasons for the firm's diversification strategy include such as the escape from undesirable or unattractive industry environments; more fully utilizing existing resources and capabilities to focus on rising opportunities and growth industries. The emergent digital technologies and practices make it possible to expand the talent pool, build highly innovative teams with coherent diversification. Highly innovative organizations are able to do something different, have the right dose of risk appetite to pursue growth opportunities of the company.
The coherent and integral business capabilities will lead the business growth for achieving high-level performance results: Business capabilities are built via key business elements such as people, process, and technologies; the level of a capability would be based on how well the capability enables organizations to grow and achieve the desired outcome. There are learning and unique culture ingredients, management expertise that the organization goes with for corporate capability development.
Different people and organizations have different inner strengths, management capacities, and unique capabilities. Effective business management can lead business growth. Organizations need to take those soft ingredients such as communication, leadership, culture, etc, into consideration when establishing strategic goals and building differentiated business capabilities to enable business growth and harness innovation.
There are both opportunities and risks in uncertainty which, in the business or in any situation, are the hidden dimensions to catalyze business growth. By envisioning and focusing forward, business leaders are able to accurately judge the upcoming curves and obstacles on the path; refresh business energy, and restructure organizational hierarchy to expedite business growth and innovation.
The reasons for the firm's diversification strategy include such as the escape from undesirable or unattractive industry environments; more fully utilizing existing resources and capabilities to focus on rising opportunities and growth industries. The emergent digital technologies and practices make it possible to expand the talent pool, build highly innovative teams with coherent diversification. Highly innovative organizations are able to do something different, have the right dose of risk appetite to pursue growth opportunities of the company.
Different people and organizations have different inner strengths, management capacities, and unique capabilities. Effective business management can lead business growth. Organizations need to take those soft ingredients such as communication, leadership, culture, etc, into consideration when establishing strategic goals and building differentiated business capabilities to enable business growth and harness innovation.
There are both opportunities and risks in uncertainty which, in the business or in any situation, are the hidden dimensions to catalyze business growth. By envisioning and focusing forward, business leaders are able to accurately judge the upcoming curves and obstacles on the path; refresh business energy, and restructure organizational hierarchy to expedite business growth and innovation.
0 comments:
Post a Comment