Thursday, September 8, 2022

Initiatives

Organizations need to keep renewing themselves periodically to cope with change smoothly.

Organizations today are increasingly exhibiting digital characteristics in various shades and intensity. They are informative, innovative, and people-centric, able to connect interdisciplinary dots, mix solid and fluid to enforce digital confluence, take a structural approach to build integral capabilities, optimize organizational structure, harmonize business relationships, deal with a variety of management paradoxes & challenges, deliver quantitative & qualitative business results continually.




Companies that have better integration tend to develop a cohesive set of business capabilities for improving performance: High performance organization is a holistic whole, rather than a sum of pieces; effective management means understanding every island of operation and every workflow process. Technically, there are data integration, application integration, process integration, GRC integration, etc. The goal of a variety of integration is to ensure information consistency, rule unification, interoperability, return on investment, security & reliability for running a highly responsive and high-performance business.

In reality, many companies that get stuck at the lower level of organizational maturity operate as the sum of pieces, rather than an integral whole. Besides potential benefits, there are hassles behind integration. Thus, it takes interdisciplinary experts as insightful “integrators,” a platform approach to improve integration management, ensuring that the business ecosystem offers real value and it is necessary for future agility.

The goal of optimization is to eliminate unnecessary complications, fine-tune processes, lower cost:
Optimization is not just about fixing things, but about eliminating unnecessary complications, leveraging trade-offs to improve business effectiveness, efficiency, dexterity, and risk intelligence. There are both hard and soft success factors to optimize business structures, functions, processes for unlocking performance. Through the comprehensive understanding of business inside out, effective business management would be able to identify true cost savings, workflow optimizations, and additional revenue opportunities.

You cannot make a true digital paradigm shift without breaking down some old rules, optimizing certain business processes, or updating best practices. It takes a very concerted and organized effort and a strong desire to keep optimizing business processes, increase visibility and transparency of the business environment through eliminating something which is not used and saving effort on maintaining it for improving business effectiveness and agility.

It’s important to create a business context in which people are empowered to create the business synergy, and reach the state of the business harmony:
Enterprises are inherently and intensely complex, diverse, and ambiguous with unpredictable outcomes. There are unknown interactions and very high inner dynamics in complexity. It’s important to create a context in which people are empowered and respected to lead change, understand where and how you can and should improve to get the biggest effect and scale-up across the digital ecosystem effortlessly.

Running a successful business is an improvement and problem-solving continuum. Innovative leadership conducts business ecosystem orchestration. The real challenge is to understand where and how you can and should improve to get the biggest effect and scale-up across the digital ecosystem effortlessly, manage its portfolio of relevant cross-border synergies, strategic flexibility and organizational interdependence.

High mature business organizations should build high-level business capabilities to lead organizational level business transformation effortlessly. They have to emphasize communication, participation, relationships, fine-tune the structure and improve changeability, empower people, balance short term benefit and long term prosperity, and realize that they need to keep renewing themselves periodically to cope with change smoothly.




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