Friday, June 2, 2023

Initiatives

Clearly define a set of business principles and differentiated business capability; initiate multidirectional business exploration to get the organization digital ready.

In face of unprecedented uncertainty and high velocity, it’s important to deepen the level of understanding of complex issues via analyzing and synthesizing information, top business leaders need to envision the future of the business, continue doing consolidation, integration, optimization, keep the business synchronized to ensure that every part of the organization operates in harmony.

 In the digital era, what the business needs is not just the faster speed, but a hyper-connected interdependent ecosystem with information-based communication/process synchronization and collaboration harmony.

It becomes easy for the coming generation to adjust to the needs of the changes necessitated with the evolving new thinking, knowledge, and trends: There is nothing scary about the evolving trends in any field of knowledge. The newer thoughts, newer trends, newer knowledge are all that captivates learners with intellectual curiosities to learn and quickly absorb and adopt.

Knowledge basically involves the human factor and capturing the benefit of someone's experience. Apply fresh knowledge to deepen your understanding of people and things; gain fresh insight, and make it available to broader and broader audiences who can benefit from that combined intellectual asset of information and experience.

It is a worthy investment and hidden dimension to explore growth opportunities and improve long term organizational advantage: A holistic perspective helps to both understand issues from different angles and solve them thoroughly. The word "holism" refers to something that transcends an adding or combination of thinking ways, to understand things as the whole, with interconnected parts and interdependent relationships.

In the business environment, being innovative is a state of mind. You have to live it and breathe it every day, otherwise, you would feel stuck. Examine the businesses investment management in the new context, build the new paradigms, capture opportunities, roll it out, improve business competency, and measure the result accordingly.

It’s a management discipline to use resource, time, talent scientifically to to reach a state of dynamic balance:
In the organizational scope, there are different types of resources such as funds, physical assets, people, information, reputation, resources of the individuals who comprise the firm, such as knowledge, education, training, insights, experience, etc. Organizations also slice their time into such as meeting time, productivity time, creative activity time, etc, effective resource/time management and smart actions.

To reach a state of dynamic balance of solid operation and fluid information management; hard processes and soft disciplines, a radically different social and economic structure will be needed and the holistic digital perspective is imperative to improve business maturity.

Enterprises have always been parts of simple or complex ecosystems. In order to function smoothly, an enterprise has to be linked to the many and varied ‘touch points’ between itself and the marketplace environment of which it is a part, clearly define a set of business principles and differentiated business capability; initiate multidirectional business exploration to get the organization digital ready.

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