Friday, December 16, 2022

Initiatives

There are no unsolvable problems, but there are complex problems that are those you cannot solve with given resources, knowledge and capabilities.

It is a continuously changing world and unprecedented emergence is inherent in every venture of the business. Organizations across industrial sectors face hyper-competition and shortened business growth-stability cycles. 


To avoid fast obsolescence and gain long term business advantage, organizational management needs to have a very clear understanding of their organizational strengths and weaknesses, enhancing a healthy management cycle by setting the right course and pace to solve problems effectively and lead transformative change collaboratively.


It’s imperative to analyze the intentions and constraints of a business initiatives: With an ever-evolving digital dynamic, more and more organizations realize that they have to connect relevant dots, renew themselves periodically to cope with change effectively. Business leaders today need to envision the future trends, see the business context, perceive the invisible, identify the leverage point of the hyper-connected digital ecosystem.

In practice, there are constraints in an organization that seems to hold the business back from holistic planning. A dynamic planning is nothing but the answer to the questions such as what are critical business issues or top priorities, where should the capital and resources be allocated to get the max leverage? When circumstances change, you are devising the plan, adjusting the initiatives, all of which needs to be relevant but also general to deal with the changes the organization will naturally experience and keep optimizing business management disciplines accordingly.

It’s crucial to articulate the critical problems and concerns, eliminate all non-relevant perspectives
: Due to the “VUCA” nature of digitalization, the business complexity is unavoidable. The emerging digital trends bring significant opportunities for businesses to pursue growth through the methodical examination of business capacity and strength. There is frustration if there is a lack of resource, talent and holistic strategy that helps to articulate the most crucial problems, and handle them effectively.

Hence, it’s always crucial to stay focused, eliminate non relevant factors, keep the priorities in balance, facilitate strategic planning, enforce logic and validate methodology in recharging business models and renovate traditional organization to reach the next stage of the business development cycle.

It’s important to discern the terrain and the chosen route, under the known and assumed conditions:
Nowadays, business planning and implementation are not linear steps, but iterating, evolving learning and working on the rhythm of high performance with sustained deliveries. The emerging digital trends bring significant opportunities for companies across vertical sectors to pursue growth through alternative solutions or development of the new business model to reach the next level of the business growth cycle and achieve high-performance business results. It’s important to define a solution space for the business problem you are trying to tackle, allocate capital and resources scientifically, and keep updating a solution strategy to improve the overall problem-solving maturity.

There are no unsolvable problems, but there are complex problems that are those you cannot solve with given resources, knowledge and capabilities. Define more than one way of achieving the goal. People are encouraged to share different perspectives, make clear discernment, try different ways to do things, make unique contributions.

The digital world is dynamic, nonlinear, uncertain, and volatile; insightful leaders today are able to communicate effectively, accurately judge the coming curves and obstacles on the digital path and get into actions in creative, and productive ways that educate, support and celebrate every emotional step of change curves and take a collective business transformation journey smoothly.


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