Illuminatevalidity

The organization that didn't have a systematic approach to do validation at both the strategic and operational level has a giant blind spot that is impairing their management effectiveness and maturity.

With increasing speed of changes and continuous digital disruptions, businesses today face the mixed bag of quality data and misinformation, fresh insight and outdated knowledge, good strategy and bad strategy. 

How to accelerate validation of information, strategy, deas, solutions in order to deal with rapid change, make digital paradigm shifts technologically or economically?



Validate strategic planning and implementation at the different stages: As the pace of change is increasing, strategies are really not meaningful unless they include an implementation plan, developed by the stakeholders and the executive team together, and get validated or overseen by corporate boards. A company validates the viability of a new, possibly even disruptive technology or emerging trends before adopting themselves, in order to make appropriate adjustments for validating a good enough strategy, and enforce a dynamic planning-implementation continuum.

To accelerate strategy execution, assess business capability and capacity, communicate valid and compelling reasons for cooperation, implement an end to end demand management process for verification and validation of business cases, improve business products/service development and design, benefits realization, measuring outcomes in a shared and mutually understood and agreed upon fashion in a structural way.

Good designers prefer validity; getting the right result this time: Business management needs reliability to ensure they follow effective principles and processes to get the same results every time. Business designers need validity, for every design they conceive, they get the right results this time. The difference between reliability and validity sum up the differences between traditional business thinking and design thinking. Validating is a critical step in developing a user experience that fits their needs with personal flavor.

A valid strategic objective and the strategy mapping allow you to understand customers further and what they value, identify gaps, diagnose existing problems, and come up with better solutions next time. As far as making a performance analysis, you have to validate on all sets of analysis - did you achieve the cost/benefits, were your scorecards accurate and did you achieve the expected contribution to outcomes? That means the validation analytics doesn’t just serve up pretty charts and graphs. look for insights, be open-minded to imagination, but make validation and predictability scientifically.

Critical thinking is crucial to make a scientific assessment of idea validation: Ideas come and go. On one hand, you need to improve idea flow; it is important to build an environment that is conducive to communication and collaboration to ensure there are abundant ideas flow; on the other hand, it’s important to accelerate idea validation, drive business improvement, select new ideas or build solutions, and make them stick successfully.

The idea validation questions may include: the voice of the customer, quantitative estimate of customer value, technical feasibility, performance expectation, commercial feasibility, business case practicality, and value forecast. It is important to use clearly-defined parameters, involve more diverse people in the idea validation phase, and make it very fast and easy for them to participate.

The digital world is dynamic, nonlinear, uncertain, and volatile. We need to have different perspectives, different knowledge, and different ways to solve problems. Validation, verification, are all crucial to improve business manageability. The organization that didn't have a systematic approach to do validation at both the strategic and operational level has a giant blind spot that is impairing their management effectiveness and maturity.

Posted in: Keywords in 21st Century