Initiativelevels

 People are the center of change and business growth, from incremental change to the large scale of business transformation to innovation breakthrough.

We are at the intersection of knowledge economy and creative economy, organizations today are running in between - the mix of old and new; the different divisions within an organization evolve changes with different speed. 

To stay competitive, forward-looking organizations have to manage both the balancing cycle and growth cycle smoothly and build long-term business competencies. At the end of the day, change is never for its own sake, it’s about business improvement or innovation.  There are different levels of growth for companies to explore the “art of possibility,” increase revenue, accelerate performance, and achieve long term business results.

Continuous improvement takes specialty: Change is the only constant, organizations need to make continuous improvement and keep their organization on the trajectory of business growth. Continuous improvement should be the daily effort either for individuals or organizations. You take a base and build upon it. Generally speaking, continuous improvement = technical specialists making the organizational products/services more efficient, up-to-date to the consumer needs.

In any case, the "newness" of any change in question is relative and depends on which dimension of change people or organizations choose. With continuous process improvements, you often reduce costs and increase productivity. With continuous talent development, you constantly build unique capability and a set of professional competency. Continuous improvement can be defined as a continuum, with smaller improvements being closer to one edge - the incremental change, radical changes being the other edge.

Nonlinear business transformation: Organizational change is a complex human-centric process, management science, and leadership art. Digital enterprises are inherently complicated, the highly intensive changes do not happen in isolation from each other in predictable ways. Change purposes, methodologies, and practices should be updated and well understood to improve change management success rate. Businesses will be more successful when they realize that one of their greatest strengths will be their changeability.

Compared to incremental change, nonlinear business transformation takes account for cross-cutting concerns, putting a change puzzle together requires trying different pieces, being flexible and willing to put a piece aside to find another better fitting piece; changing underlying organizational value, structures. Thus, it takes cross-disciplinary knowledge & expertise, cross-boundary communication, and collaboration for transformative change with high complexity.

Innovation breakthrough is disruptive and will change your organization in many fields: The broader the scope, scale, and impact of the change, the more one leans towards calling such change an innovation. Innovation breakthroughs have high growth potential, but also bring higher levels of risks. You need new insight, new technology, new processes, new customers, maybe a new business model. All that makes them very risky but on the other hand, you will get very great chances to maximize the growth potential of the organization.

Business will need innovation breakthroughs in a strategic long-range view. Breakthrough innovation is often need-driven, people centric, focused to "replace" conventional value streams with a new one, supported or filled with noble knowledge and ideas. There is a need to delegate roles and responsibilities of the innovation process, and have a strong-honest communication plan in place, enforce a healthy emotional cycle of curiosity, passion, conflict, cool-headedness, persistence, resilience, etc, build a culture of creativity, and visionary leadership to orchestrate innovation smoothly.

People are the center of change and business growth, from incremental change to the large scale of business transformation to innovation breakthrough. The insightful leadership, fitting mindsets, strategic core values are needed to support the strategy; it's important to integrate business models, motivate changes, improve collective performance, expedite growth, unleash collective human potential and run an innovative business or advanced society,

Posted in: Change Management,Hybrid,Innovation