Tuesday, Jul 5, 2022

Innerleverageadvantage

Leaders and managers should find the leverage points, guide, direct, own the strategy they hold themselves accountable for, listen, communicate, and..

title Leaders and managers should find the leverage points, guide, direct, own the strategy they hold themselves accountable for, listen, communicate, and rally the team for the cause to accelerate change.



The rapid change and fierce competition is the new normal. Organizations today have to develop a dynamic strategic planning and accelerate the development cycle of loose-coupling capabilities.

 To master the art and science of uncertainty management, business management needs to know which factors contribute to uncertainty and how to handle it effectively to adapt to the business dynamic; what makes each situation unique is the lens that the management brings into the planning process, and how they use that to facilitate the process itself and the outputs, and develop strategic planning to increase the probability for accelerating business performance.

Leverage the system understanding from different perspectives for fine-tuning a fast-growing coherent business: The strategic planning is nothing but the answer to the question where the capital and resources should be allocated to get the max leverage for the business advancement. In the digital working environment, context intelligence is about understanding the whole meaning without getting lost in translation, leverage system understanding from different perspectives, and perceive business insight in a cohesive way. Systemics is about experiencing the resultant whole of parts relating together by embracing cognitive differences and diversified worldview. Without system understanding as a leverage, sometimes you intend to fix one issue; it perhaps causes more issues or side effects later on.

A high mature digital organization is a self-adaptive system which is able to reconfigure its own structure and change its own behavior during the execution of its adaptation to environmental changes. If anything is wrong or the business gets stagnated, businesses should take the time to analyze the process to find the point of failure to avoid it in the future. Very few people actually know how to identify problems by conducting an inclusive holistic system logic which suggests the need for an ontological stance based on constructivism, and confirms the assumption that systems are purposeful with mental constructs rather than things that are out there. Silo thinking, bureaucracy, inflexibility, inefficiency, rigidity, etc, are the causes of missing synergy and business stagnation. By leveraging system understanding and analysis, a focus on process tuning and development reduces attrition to create synergy and has a great quantitative ROI.

Leverage advanced analytics as "techniques" to predict future outcomes with confidence: Advanced analytics can be used to help drive changes and improvements in business practices. In a business scope, there are some of the important bits and bytes of information needed to forecast emerging trends or the business growth opportunities. To predict and respond to the business dynamic, make data more “visible” for shareholders, linking data management to multiple business domains within the enterprise and their business partners. Leverage advanced analysis tools to do a comparative assessment of many decision criteria - both quantitative and subjective, concurrent across many options, initiatives or programs etc.

Advanced analytics solutions will give all kinds of businesses the capability to anticipate the future by making better decisions. This is where they can really differentiate themselves from their competitors. All company’s performance is directly related to the decisions people make every day. There are many variables in complex decision making, there are tradeoffs you have to leverage, and there is no magic formula to follow. They need to pay particular attention to the quality of information from which they will extract these nuggets of insight. Organizations need to define the set of parameters that help them make informed decisions across the organizational scope consistently, and also develop a culture of analysis to improve decision effectiveness and maturity.

Leverage their “sense and sensitivity” to visualize the large scale of changes: Digital has the “VUCA” characteristics - velocity, uncertainty, complexity, and ambiguity. It implies both business opportunities and risks on the way. For many business leaders, there is no surprise that they will see the mixed picture of “old and new,” from the mindset, business model, process or practice perspectives. The challenge for business management is to reinvent business continually by looking forward, looking ahead and being proactively looking for opportunities to improve.

Either for the individuals or the businesses, if you stick and restrict, you cannot be dynamic. Deep common sense” leads toward effective judgment," which has been defined as leveraged sense and sensitivity, measured reasoning, knowledge, and experience to come to an effective strategy oversight. Digital dynamism consists in being able to break away from static or stale, and being fluid and proactive. The real impact of making the invisible visible, and then measurable, comes when companies find ways to leverage business sentiment to initiate meaningful dialogues, open communication across the enterprise to orchestrate change, empower people and enforce business relationships to unleash the collective potential.

Complexity, uncertainty, disruptive changes, and interdependence are the new normal facing business today. Leaders and managers should find the leverage points, guide, direct, own the strategy they hold themselves accountable for, listen, communicate, and rally the team for the cause to accelerate change; connect the dots across the various management disciplines and glue up all crucial ingredients to manage performance as an iterative continuum.




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By: Pearl Zhuhttp://www.blogger.com/profile/[email protected]
Title: Innerleverageadvantage
Sourced From: futureofcio.blogspot.com/feeds/3446785142046350378/comments/default
Published Date: Fri, 04 Feb 2022 20:04:00 +0000

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