Sunday, June 11, 2023

Initiatives

It’s about continuously trying to improve/develop/change everything in a prioritized order as long as it creates a more long-term business advantage.

Today’s business environment is dynamic, complex, and uncertain. The exponential growth of information and the probability of emergent properties bring both unprecedented opportunities and risks to organizations across industrial sectors today.

There are always different complexities at a different time or dimensions. When jumping into the future of “VUCA” new normal, organizations are able to judge the coming curves and obstacles on the path of business transformation more accurately, become proactive rather than reactive, to lead organizations forward smoothly.

It’s crucial to have the most senior leaders who are not only able to envision, but also communicate what the transformation looks like accurately: In face of uncertainty and complexity, it’s important to determine what the future needs to look like, and what the business transformation must look like as one of the crucial step in leading changes. It’s imperative to understand people of the organization, where they will fit in the new vision, communicate across the organizational hierarchy to enhance accountability, in order to steer the organizations toward that transformational vision.

From a talent management perspective, it’s not easy to bring all talented people and mold them into an effective team. Learn to recognize the key influencers in the organization, understand what and who they are, build relationships at different levels and then consider how you can help to influence and drive change in those areas. In practice, developing people-centricity and preparing people to get digital ready is critical to accelerating business speed.

Being proactive means keeping information flowing frictionlessly; keeping abreast of standardizing and auditing to all regulations that perhaps affect the company: Information is one of the most invaluable assets besides people. Listen to your data, collect feedback and make information-based decisions to drive changes timely. With the right leaders empowered with the right information to take charge in the right place at the right time in a change management cycle or business condition, organizations can grasp opportunities to grow, keep track of activities for driving changes or managing innovations.

Leading organizations forward proactively requires a common process to monitor change, enhance trust, alert the organization to risk conditions, update policies, enforce real-time accountability and transparency across regulatory areas. With proactive risk management, the path of business transformation will be natural and easy. Business managers can see above the confines of their own functions by understanding all the moving parts of the business and contributing to the overall improvement of the greater machine then this is the true proactive contribution to long term success of the organization.

Organizational management needs to proactively delight customers with setting priority right:
Running a proactive organization not only means to well align business and information technology, but also about employee engagement, business-customer alignment; how to delight customers ultimately. Business management listens to the feedback for understanding complex issues, puts into action plans to help, reviews the business plans and works to produce the great value and outcomes to meet the business objectives.

With convenient social collaboration platforms and tools, organizations can capture unprecedented opportunity to proactively develop trustful business partners across business ecosystems, build a comprehensive change agenda and have access to both internal and external resources for achieving high value and refine their reputation.
 
Leading the paradigm shift is not a passive activity, it is a proactive pursuit. It’s about continuously trying to improve/develop/change everything in a prioritized order as long as it creates a more long-term business advantage. Timing matters. The leading businesses across the vertical sectors are the ones that can adapt to the digital new normal and manage the proactive business continuum. Ensuring a high-performing, high-reliable and high-proactive business is the key success factor in business changes.

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