Sun.Jan 12, 2020

It’s Time for Every Function to Hone Strategy and Execution

CEB IT

Today’s disruptive times demand that your organization lean into the uncertainty and master the pain points that stand between you and your success — from a lack of critical skills and capabilities to new emerging risks and the urgent need for data literacy. Here we offer insights from Gartner research on how progressive companies can hone strategy and execution and drive enterprise ambitions: Strategy. Information technology. Finance. Legal, compliance, risk and assurance.

This One Little Configuration Change Will Make It Harder For People To Steal Your Information

CTOvision

Editor’s note: We are aiming this tutorial at the non-technical person. Please share with anyone in your life who could benefit from this. -bg

Data 118

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Five Consumer Lessons From The 2010s: No. 4

Forrester IT

In the last decade, the term “boycott” pulsed through global consumer chatter and search queries. Whether consumers were talking about sneakers, seltzer, or the Academy Awards, the frequency of the word “boycott” spiked to some of the highest levels since the early 2000s.

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How to Shape High Mature Digital Organizations via Unusual Angles

Future of CIO

The digital era upon is volatile, complex, uncertain, and ambiguous, there are many causes of business stagnation and numerous roadblocks to changes, such as short-sightedness, culture inertia, misalignment of systems, inflexible processes, overly rigid organizational hierarchy, functional silos, groupthink, comfort zone, status quo, or lack of creativity, etc. How to shape high mature digital organizations via unusual angles for enforcing hyperconnectivity, interdependence, and people-centricity. Touchpoints: The emerging digital platforms and collaboration tools enable the business to break down functional, organizational or even industrial silos. An enterprise has many and varied “touchpoints” between itself and the environment of which it is a part in order to adapt to business dynamics, ensuring that the enterprise is connected to all the appropriate ecosystem, lattice or otherwise, touchpoints. Therefore, it requires a different design of management with a new set of tools. The business management style should shift from “command and control,” hard force” driven, and out-of-date disjointed top-down management paradigms to a large dash of “freedom to manage,” with more fluid and responsive network forms with some “soft touch.” Digital organizations are nonlinear systems and subsystems in which there may be numerous elements in achieving the desired impact that can sometimes be the result of a very small initiative or decision, this is the magic of nonlinear systems reasoning. If you pick the right thing to alter, you can sometimes achieve enormous outcomes at little or no expenditure of effort on your part. This approach requires great knowledge and insights. Moreover, rapid changes do not happen in isolation from each other in a predictable way; it is important to apply contextual understanding to dig into the “HOW” part of an integral design and become highly responsive to changes and highly innovative to thrive in the complex ecosystem, and ultimately, organizations need to ensure the business as a whole is superior to the sum of pieces. Rough spot: Newtonian mechanics based on reductionism have fueled industrialization. However, now we are moving in the hyperconnected digital economy, business leaders can't just sit back and apply yesterday’s techniques to today's problems. Terminology differences are a rough spot. Each school of management, as in all schools use particular terms in specific contexts to standardize their use and mean the same thing to all practitioners within that school. To break down old school silos of thoughts, visionary leadership, cross-functional communication, collaboration, transparency, etc, are the keys to breaking down the perceptions and realities of the existing or emerging issues. The “across schools” practitioners can speak different languages, each sees the world through their practices and manage change differently. Digital businesses today are more like the organic living thing rather than the mechanical system keeps spinning. Therefore, to break down the old reductionistic management discipline, holism needs to be the digital management theme. To keep evolved and invested in the greater purpose or vision, every department in the company needs to work together to be successful, It takes collaborative efforts across the entire business scope to streamline processes and keep information flow seamlessly and run a fluid digital business seamlessly. Thin line: As you learn more from failure than from your success. There's no shame in knowingly starting something that might succeed, but might fail as well. There is a thin line here between success and failure, as everybody has some sort of such a system in place. In fact, learning from failures is a way to improve until you find a wonderful solution that will suit the market or simply a waste of time. If you never fail, you're never taking any risks, or you're calling things successful that wasn't. Emotionally, no one wants to fail even if it is a small failure. Regardless of if it’s good or bad, the outcome is not anticipated and expected. In practice, where there is a risk, you want to investigate this early and find out whether or not it can be addressed. Failure is a failure and a fantastic opportunity to learn something and then to have another go. You can only FAIL BETTER only if you learn from the failures. And then failing is something that prompts you to move ahead. The digital dynamism consists in being able to break away from static or stale, and being able to keep information and ideas flow across the functional and even organizational boundaries for catalyzing changes. Today’s digital leaders need to be dynamic with open, intelligent, and growth mindset, have high abilities to understand and handle changes from different angles, enforce creative communication to suit varying situations so as to make things happen and develop organizational competencies and shape a high mature digital organization. Follow us at: @Pearl_Zhu. Digital Master Digital Maturity

How AI Can Radically Change Your Business

AI is quickly becoming mainstream, thanks to its value-driving capabilities. Yet, even with such widespread attention, it still is one of the most misunderstood technologies out there. Here's how to make the most out of it and bring a positive change to your company.

The Best “Gap” Quotes of “Digital Master” Jan, 2020

Future of CIO

" Digital Master ” is a series of guidebooks (28 + books) to perceive the multi-faceted impact digital is making to the businesses and society, help forward-thinking organizations navigate through the journey in a systematic way, and avoid “rogue digital.”

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