The digital paradigm arises out of new knowledge, and the emerging trends reinforce the digital characteristics of the business such as innovation and people-centricity.
Reinventing business to get digital ready is an evolutionary journey with ups and downs, promises and perils on the way. It’s important to know how to strike the right balance, enhance an iterative planning and execution continuum, make a stride toward the future and lead their organization forward smoothly.
Organizations leverage information based insight to tap a true source of business advantage: New technology tools and abundant information allow a company to move into a more advanced stage of digital exploration; help to set trends and models that work best to meet the business goals. The strategic direction of the company must allow for economic, market or customer change and let business adapt smoothly, tapping a true source of advantage. While business laggards only try to emulate, there is a risk in it because when you emulate your competitor, you start looking like them, perhaps you lose your unique strength and forget your business purpose.
Organizations can expand in different directions to build business advantage. The horizontal linkage enables the business to streamline information flow across functional borders, leading to better decision-making and easier idea access from people anywhere in the organization. The vertical permeation of business relationships management enforces trust and accountability. The organization can improve budgets and prioritization skills, keep developing core competencies to gain the first mover advantage, and improve the success rate of strategy management.
Organization management needs to identify the leverages to put their company ahead of trends or above learning curves: Organizations rely more and more on technology, the digital world is so information-intensive, technology-driven. Business leaders should envision where the future will be for the business, and what’s the trend for their industry. Besides supporting the existing working environment and managing an effective application portfolio, business management needs to focus on what changes/technologies need to be adopted and what needs to just be bypassed due to budget constraint and schedule priority. The emergent trends can shape business development and the behavior of future enterprises to reach the next level of organizational growth.
The high mature digital organizations are highly conscious about what’s happening in their environment, with the ability to adapt to change timely, grasp opportunities, and prevent risks effectively. Forward-thinking companies apply information- based analytics to provide business foresight about upcoming opportunities or rising trends, so they can ride above the learning curve, create change momentum, or adjust their strategy accordingly. To predict and respond to the emergent business properties, organizational management knows what to look for, how to set guidelines, when to make choices, for putting their company ahead of competition.
Organizations should balance commitment and flexibility in the multitude of business management: Either planning or implementing, organizations today need to be fast and flexible, have less boundaries but better abilities for dots connections to enable innovation. There's nothing to be done about an uncontrollable situation; although a good plan can identify the external factors, a good process can enable a company to work around the externals. Either plans or processes are not static, they are dynamic for adapting to rapid changes. The healthy planning-adjusting-evolving digital refinement cycle creates the business synergy to strive in leading business transformation vigorously.
Nowadays, the degree of planning has a positive correlation with the degree of uncertainty and unpredictability. It’s important to understand the big picture, remove assumptions or dependencies, add clarity and purpose, break down silos or overly rigid hierarchy, and build core competencies to improve business performance and maturity. Both commitment and flexibility are critical to ensure smooth strategy implementation. It requires courage and skills to really tackle what is wrong at the strategic level and make a commitment to enable and sustain changes.
The digital paradigm arises out of new knowledge, and the emerging trends reinforce the digital characteristics of the business such as innovation and people-centricity. Foresight is also an ongoing conversation. Business leaders have to keep evolving and broaden their views of transformative change, discover unexpected connections between the business and its rich environment, to shape the future together, and build unique build advantages.
Organizations leverage information based insight to tap a true source of business advantage: New technology tools and abundant information allow a company to move into a more advanced stage of digital exploration; help to set trends and models that work best to meet the business goals. The strategic direction of the company must allow for economic, market or customer change and let business adapt smoothly, tapping a true source of advantage. While business laggards only try to emulate, there is a risk in it because when you emulate your competitor, you start looking like them, perhaps you lose your unique strength and forget your business purpose.
Organizations can expand in different directions to build business advantage. The horizontal linkage enables the business to streamline information flow across functional borders, leading to better decision-making and easier idea access from people anywhere in the organization. The vertical permeation of business relationships management enforces trust and accountability. The organization can improve budgets and prioritization skills, keep developing core competencies to gain the first mover advantage, and improve the success rate of strategy management.
The high mature digital organizations are highly conscious about what’s happening in their environment, with the ability to adapt to change timely, grasp opportunities, and prevent risks effectively. Forward-thinking companies apply information- based analytics to provide business foresight about upcoming opportunities or rising trends, so they can ride above the learning curve, create change momentum, or adjust their strategy accordingly. To predict and respond to the emergent business properties, organizational management knows what to look for, how to set guidelines, when to make choices, for putting their company ahead of competition.
Nowadays, the degree of planning has a positive correlation with the degree of uncertainty and unpredictability. It’s important to understand the big picture, remove assumptions or dependencies, add clarity and purpose, break down silos or overly rigid hierarchy, and build core competencies to improve business performance and maturity. Both commitment and flexibility are critical to ensure smooth strategy implementation. It requires courage and skills to really tackle what is wrong at the strategic level and make a commitment to enable and sustain changes.
The digital paradigm arises out of new knowledge, and the emerging trends reinforce the digital characteristics of the business such as innovation and people-centricity. Foresight is also an ongoing conversation. Business leaders have to keep evolving and broaden their views of transformative change, discover unexpected connections between the business and its rich environment, to shape the future together, and build unique build advantages.
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Keindahan pulau di sabah amat memukau pandangan mata setiap individu sehingga digelar “Maldives Asia Tenggara”.
Setiap pulau disini juga ada daya tarikan dan keunikan tertentu untuk para pelancong kunjungi.
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