Thursday, January 12, 2023

Initiativesofleadership

The new paradigm arises out of new knowledge, and an interdisciplinary approach.


Rapid change and abundant information makes a profound impact from the specific function to the business as a whole. Organizations should strive to explore the “innovation-seek practices'' throughout their organization to accelerate the progressive journey of “seeking, experimenting, improving, innovating, and transforming.”

 Organizational leadership should set a progressive tone to make a seamless paradigm shift from mind shift to process, structure, behavior shift cross-disciplinarily. Business management needs to emphasize communication, participation, relationships, fine-tune the structure and improve changeability, empower people, balance short term benefit and long term prosperity.

Visibility into each investment is established to provide ongoing investment health information, for understanding the overall business initiative portfolio health:
There are both opportunities and risks for every investment. Organizations have limited resources and talent; it always presents a greater challenge and reward by pioneering the development of new products, services, processes, or business models, etc. Investment management needs to check up: Are the investments diversified? What is the relative health (value, risk, strategic importance) of each of the business initiative portfolios? Understand stakeholders’ expectations and propose a balanced portfolio that corresponds to both demand and cost drivers with a focus on business priority.

Great investors advocate intrapreneurship activities, strike the right balance of short-term gain and long-term perspective, and put emphasis on investing in strategic initiatives and people-centric innovation..It is critical to define the most compelling and unique approach to addressing the needs; analyze the benefits per costs of initiative investment. High performance organizations put the investment framework in place to map the strategic objectives into key performance indicators and then, determine what capital investments will accelerate the changes you want to see in your investment portfolios, and how to achieve high performance results tangibly.

It’s important to get away from letting things fall through and start creating an “integrated whole” by building dynamic capabilities: To outbeat the market, a highly competitive company enforces an iterative planning- implementation continuum, utilizing the correct processes to solve complexities and underpin the core business capability. Some relevant capabilities can be integrated into unique business competencies to solve more complex problems.

There are both hard and soft components in capability development. The successful capability integration will depend on the underlying business relationships between all of these points and how they influence each other. Business executives, employees, clients, and vendors all have their various observations on the capability management cycles. They can provide great feedback, their respective viewpoints based on the special angles can indicate useful areas for further exploration and confirmation about business growth and balance cycles.

Understand where and how businesses can and should improve to get the biggest effect and scale up across the digital ecosystem effortlessly
: Organizations need a deliberately close alignment among the company’s strategic direction, its coherent capabilities, and most or all of its products and services, and guide the business to the future in a structured way. The more stakeholders can impact a change seriously, the better chance the change will achieve or exceed the business expectations. All should be synchronized without compromising.

Change is dynamic and it’s in incremental improvement that tilt scales, but also in big paradigm shifts that rebuild business brand and reputation. Business leaders today should navigate through velocity, uncertainty or ambiguity in a dynamic business environment and internalize changes effectively. They are able to build roadmaps for business improvement to make structure change and business process improvement, and evaluate the maturity of their platform for scale-up. The highly scalable organizations can expand its influence with the ability to co-create and amplify innovation efforts in a dynamic digital ecosystem.

The digital era means increasing speed of changes, hyperconnectivity, interdependence, and people-centricity. The new paradigm arises out of new knowledge, and an interdisciplinary approach. Insightful leadership can make seamless alignment, do intuitive design, orchestrate cross-functional, cross-organizational level of change to build high performance organization holistically.





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