Tuesday, February 14, 2023

Initiatives

Business management is a complex discipline with numerous variables, contextual nuances, and human sensitivities.


A digital strategy is cross-functional effort, multidisciplinary, multidimensional planning; it brings up new functions, roles, collaboration, demand for intuition and emergence, complementarities, philosophy, neutron sciences, and trans-disciplinary businesses.

 And digital strategy execution is not linear steps, but an iterative continuum.



  Initiatives

Initiatives v An enterprise is never going to be architected and designed like a building, it is dynamic, keeps evolving, with its own set of principles and practices to achieve its purpose. It is possible to achieve strategic goals, only if you are able to clarify business purpose, clearly identify and communicate what is in scope, what is the purpose of the role, what the context is, in order to run an organization as an organic system that keeps interacting with its eco-environment to achieve business value collectively.

Initiatives iv Business environment is dynamic and diverse, you nThe business management needs to contemplate: Which benefits will be achieved through addressing the key business drivers? What is a better and more accurate understanding of the overall situation and hence better defining the problems? Can these business benefits be measured and quantified, etc. And how should you go about solving them and in what sequence. Strong universal business cases enable organizations to gain competitive advantages and generate options for providing future business competencies.eed to take a fast, hard look at the business case that justifies the program you are engaged in or spending assets on.

Initiativesiii Organizations across the industries take different paces for driving progress. Business transformation needs to start at and be led by the top of the organization. What needs to change and why? Leaders must clearly articulate their vision, understand varying promises and perils on the journey, view business initiatives as an "opportunity" for solving a set of relevant problems effectively, and make a significant difference in the overall levels of achieving high performing business results structurally.

Initiatives ii Nowadays the business environment is dynamic, uncertain, organizations that are able to explore the hidden dimensions of growth can gain advantages by pushing the boundaries of a more complicated business mix, grasping opportunities to create multifaceted value and shape long term business competencies.

Initiatives In face of uncertainty and complexity, too many organizations operate in reactive mode and get stuck at a lower level of maturity. Business management is a complex discipline with numerous variables, contextual nuances, and human sensitivities.

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