Saturday, June 10, 2023

Initiatives

Understanding outside the current constraints and comfort zones requires a different vision and the courage to pursue it.

Today’s businesses are nonlinear, interdependent, uncertain, ambiguous, they face fierce competition and ambiguous business environments. Companies across sectors have to increase agility as geopolitics, frequent disruptions, and global mobility change the business landscape quickly. 

The more effortlessly you can align, integrate, and optimize the important business factors inside an organization, the closer you can accelerate performance.

Organization lagging or leading is based on their collective mindset, information fluency, and differentiated capability: Organizations are at the different stages of business development. Unfortunately, in most laggard companies, some mindsets at the top level of organizational hierarchy are actually lagging, and keep doing things in the old way. Their focus is perhaps on getting away with the problem or just disposal, rather than taking it up as a challenge, finding it as an opportunity for learning and discovering the new way to do things.

In leading companies, business leaders need to contemplate: Are we having a clear vision and a comprehensive road map with a systematic approach to move forward? Are people having the growth mindset to ride above the learning curve? You can lead forward based on your knowledge and expertise, you should also be open to embracing the diverse viewpoint. A business transformation often needs to break down the outdated rules, create the long-range perspective, It’s a construct that involves the ability to recognize and diagnose the plethora of contextual variables inherent in the present circumstances and focus on goals of changes.

Organizational fragility or resilience is based on their capacities and structures to fail over, fail forward: Resilience is the ability and capacity to respond to the unexpected events in a way that increases gain or minimizes loss. In business reality, there are interference and many causes of stagnation and there are numerous roadblocks to changes, such as lack of the right direction, culture inertia, learning curve, etc. When the company seems to get stalled, the workplace is stale, and the organization turns out to be fragile.

The organization has different functions, structures, layers, and systems. They need to become more resilient, allowing them to deal with the unknown; have a much better ability to tolerate volatility or even thrive from it. It’s important to provide choices for them on how to solve their issues by listening to their feedback and improving their experience. So organizations which are able to strengthen the weakest links and overcome business fragility can better survive and thrive in complexity and uncertainty of business dynamic

Organizational flexibility or rigidity is based on their attitude and ability to make choices and catalyze innovation:
A flexible mind focuses on learning, growth from the past mistake, A fixed/rigid mind won’t allow the person to think beyond a point. Overly rigid management processes or practices stifle change. The matter of fact is that dysfunction, complication, inefficiency, or rigidity are not always so easy to uncover, the management needs to leverage system understanding for identifying the early signs of a dysfunctional business. So pick the right thing to alter, you can sometimes achieve enormous outcomes.

Flexibility means the alternative way to do things; provides choices for customers to meet their personal needs; offers choices for employees to improve their productivity and creativity. If you apply nonlinear logic to handle complex issues, achieving a bigger impact can sometimes be the result of a very small initiative if you have cross-boundary knowledge and insight. Flexibility increases business resilience, leading toward a great outcome.

Always be open-minded and inspire progressive changes. Understanding outside the current constraints and comfort zones requires a different vision and the courage to pursue it. “Lighten up” the “invisible part” of the organization, and integrate both “hard” and “soft” business elements into the differentiated set of the business capabilities. Build up trust by pulling people together, bonding people around clear and benevolent intentions, to achieve desired changes and sustain their impact.

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