Thursday, June 1, 2023

Initiatives

The more effortlessly you can guide, align, integrate, and optimize important business elements such as people, process, and technology, the closer you can accelerate business performance and lift the business up to the new-cycle of business transformation.

Organizational growth exploration is all about planning, investing, designing, operating, consolidating, integrating, securing, modernizing, optimizing, balancing. It is a continuous effort to adapt to the new world of businesses, faster, always on, hyper-connected and fiercely competitive. 

Business management should build a working environment in which the growth minds get encouraged, creative energy flows around, communication is the two-way street to lubricate business interactions. It takes a structural way to integrate both hard and soft business elements to build long-term organizational advantage.

In order to explore the emerging horizon, you have to understand what it means to the business and get to know the ever-changing ecosystem: To survive in the digital era with overwhelming growth of information and frequent disruptions, it is imperative to explore different views, fresh knowledge, and multiple perspectives to gain a holistic understanding of complex problems that may occur and develop a systematic approach to overcome the challenge. Explore the horizon which is high enough to stretch up the business, clear enough to steer the business in the right direction.

If the organization understands itself in relation to its context and unleashes its full potential, it should be able to determine whether it requires changing something to become viable. It's about people being willing to be held accountable, following the good rules for their own benefit. It takes a systematic approach to work across disciplines with contextual understanding to solve complex problems, and make transcendental leap.

Intensity of business transformation needs to be handled at the mindset level, changing underlying values, common beliefs, philosophy and methodology: The business today is not just working within the industry, but also permeating a cross-ecosystem which is interdependent, hyperconnected, and interactive. Organizational change or innovation is complex; there are numerous points-of-view and reference points of varying stakeholders, and they all have a different perspective on how to run a successful business. With high uncertainty and frequent disruptions, the varying stakeholders need to adjust "every day" of the business transformation journey as the current situation and its net value changes rapidly.

The complication of traditional organizations that are caused by over-layering, rigid hierarchies, fractal structure, or skill shortages, etc, could make the business vulnerable. The digital intensity needs to be handled thoughtfully, understanding psychology underneath. In many large-scale business transformations, fear has always been one of the major obstacles to change--fear of failure, fear of loss of control, etc. Make a smooth transition from static mindset to growth mindset, to expand the business transformation horizon and stretch up growth space. Nowadays, organizations depend heavily on their information fluency, technological knowledge and market capabilities to experiment, learn and innovate.

Organizations initiate heterogeneous team setting, embark upon the road of total inclusion
: In face of volatility, uncertainty, complexity, and ambiguity of new normal, to predict the future trends and risks, business leaders today must be inclusive, very open to fresh knowledge, desire unique insight, search for unconventional wisdom, recognize merit and ideas, close multitude of gaps and build a complementary team to generate high performance results consistently.

There are plenty more questions one can ask to illustrate the importance of inclusion. The goal of an organization is to find out how you can locate the right candidate for a specific position within an organization. Are you planning to build a homogeneous or heterogeneous team; a complimentary team or a competitive team? What is important is that everyone feels committed to the goals of the team, and are comfortable with “who they are” associated with those goals. People feel comfortable sharing ideas and thoughts because everyone has a different perspective based on their cognitive difference, diverse life experiences, and cultural values.

The leading businesses across the vertical sectors are the ones that can adapt to the digital new normal and manage the proactive business growth continuum. The more effortlessly you can guide, align, integrate, and optimize important business elements such as people, process, and technology, the closer you can accelerate business performance and lift the business up to the new-cycle of business transformation.

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