Friday, September 23, 2022

Initiatives & implementation

Running a successful business is a continuum of creating customers and solving their problems.

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.

Initiatives & Implementation 

Initiativesimplementation As the business environment, markets and industries shift, the strategy should be an evolving part of the company. Business management should reevaluate its strategy to ensure it can stay competitive periodically. Strategies need to be dynamic and evolutionary at the same time linked to business imperatives as a whole. Strategy is just paper work unless it is executed well. The greatest strategy will fail to achieve expected results without all dependencies and influences placed in the melting pot, risk-management of the greatest strategy will be a costly activity.

Initiatives Organizations are faced with huge pressures to survive due to complexity, uncertainty, and fierce competition. In fact, business ecosystems are complex, behaving by way of interactions among the various constituents.

Initiatives Running a successful business is a continuum of creating customers and solving their problems. Business initiative management is an important discipline that requires strong logic, prioritization skills, and the highest risk-taking at a strategic value chain; including investments and manageability.

Initiatives The digital ecosystem is complex and volatile, business advancement is made through the work of future-driven planning, updating knowledge, and progressive activities. Implementation of a strategic planning is mainly about initiating and managing necessary changes from the current state to the “to be '' position with a set of dynamic business capability.

Implementation Uncertainty and unpredictability are part of the new normal. Implementation is always more important than design in a VUCA world. As the old saying goes: plan is nothing, planning is everything. The degree of planning has a positive correlation with the degree of uncertainty and unpredictability. Strategic planning is not just about defining what is your goal, but it is the path to the achievement of the goals. To make smooth implementation, the strategic planning needs to get to the level of specifically achievable goals, enhance an iterative planning-implementation continuum.

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