Initiativeformulas

Although there is no “one size fits all” formula for change or innovation, it’s always important to identify patterns, take a structural approach.

Change is increasing its pace; organizations need to awaken their information-based consciousness, start thinking about ways to improve, and innovate. Understanding the ecosystem dynamics, working to influence multifaceted business management takes attention and energy. 

The inevitable range & pace, breadth & depth of uncontrollable factors acting on any organizations across vertical sectors mean identifying business vulnerability and constant fine-tuning are essential to improve organizational performance. It’s important to figure out customized formulas for dealing with uncertainty and handling business complexity effectively, constantly increasing business agility, holism, and innovation.

Organizations have to keep experimenting, figure out their own change formula, and take a continuous journey to the dynamic new normal: Businesses are struggling with daily busyness, change management often goes hand in hand with strategy management. Business leaders should look beyond immediate problem resolution, envision, express, and reinforce their personal commitment to change initiatives, not just sponsor a few casual change initiatives, but analyze and synthesize, take structural approach, and come up with their customized change formula, in order to manage a balanced portfolio for making continuous improvement and driving incremental or transformational change systematically.

The more transparent about a change effort, the less uncertainty, and consequently less fear, the change management will become more effective. However, there is no “one size fits all” change formula. Change can be planned, but shouldn’t be manipulated. It’s important to clarify the psychology, methodology, and technology behind changes. "Planned Change Management" shouldn’t be too rigid or overly prescribed, otherwise, it could create a bottleneck for change scenarios. Change Management can become more successful with people at the core of change, the cause of changes and the purpose of change.

Organizations should continue to learn, experiment, explore, and figure out critical factors of the innovation formula: There are incremental innovation, breakthrough innovation; hard innovation and soft innovation. There is no one-size-fits all formula to manage all sorts of innovations. But innovation shouldn’t be just serendipitous, it is a process which can be managed, and can be viewed as consisting of many different stages. Just because innovation is greatly influenced by external circumstances, it doesn't mean that the innovation system of the organization is or should be unstructured. Different organizations should fine-tune those important factors for achieving innovation excellence

While organizations can innovate without clear systems of innovation, the ability to achieve sustained innovation results does require at least some degree of a 'hard-wired' innovation system with scientific innovation formula. A structured approach with all key elements will improve the consistency of the innovation results by an order of magnitude. The robust process and tools enable any entity to generate winning concepts on a consistent basis, it is the prerequisite for sustaining business advantage and growth.

Individuals or organizations must take their own unique approach, be interdisciplinary, be learning agile, and develop their own formulas for holistic growth: Organizations become hyper-connected and interdependent, holistic management is about applying systems thinking to see interrelationships rather than isolated things, A holistic perspective can fix the misperception by integrating quality information, exploring multiple thought processes and integrated opinion. The core message of interdisciplinary management discipline is about constantly improving business performance and seeing change as an opportunity while keeping a holistic overview of the organization and evolving an ever-expanding business ecosystem.

The emerging digital paradigm has many dimensions, you have to gain an interdisciplinary understanding of the business via different lenses. It’s easy to get lost without holistic understanding and interdisciplinary practices. It is important to involve not only putting all pieces together but also blending them in such a way that the emergent whole is somehow more than the sum of its parts. It means to make a radical shift from a silo and linear classic management style to figure out their own formulas for holistic management discipline.

Organizational management is fundamentally an iterative cycle to design, build, scale and optimize business competency and achieve the desired effect under specified performance standards and conditions. Although there is no “one size fits all” formula for change or innovation, it’s always important to identify patterns, take a structural approach through a combination of talent, resources, processes, and technologies to perform a set of activities and achieve high-performance business results coherently.

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