Showing posts with label Digital Frameworks. Show all posts
Showing posts with label Digital Frameworks. Show all posts

The Monthly Digital Insight: Leverage Frameworks to Run Digital Businesses Sep. 2019

A solid framework is needed to address the mechanics of getting the work done and varying business factors associated with the digital paradigm shift. 

The digital frameworks add value as they are implementations of the patterns to avoid having to reinvent the wheel, it helps the organization embed a digital culture into the very fabric of the business, explore digital in a structural way and laser focus on the most important things to get business digital ready.




Leverage Frameworks to Run Digital Businesses  


Leverage Digital Framework to Address Business Perspectives and Practicalities The digital world is so information-intensive and the digital transformation is multidimensional. A solid framework is needed to address the mechanics of getting the work done and varying business factors associated with the digital paradigm shift that must take place within the organization at all levels. The framework enables the organization exploring the digital way to run the business by providing the following perspectives and practicalities.

Five-Pillar Framework to Develop the Platform Business The digital organization is a dynamic system which needs to continue evolving and adapting. It can expand and amplify its influence with the ability to create new business models, run a platform business in a hyperconnected digital ecosystem - treat customers, suppliers, channel partners and industrial participants as active agents who can integrate the modular capabilities exposed in a powerful platform to create new experiences and expand its impact. Here are five essential pillars to build a solid framework for developing a powerful platform business.

Three Aspects of Digital Performance Framework Performance Management is supposed to enable business achievement. A suitable Performance Management framework delivers the results the organization needs in a demonstrable or measurable way. A well-designed performance framework helps the management focus on measuring things really matter and facilitate answers to some key questions of performance management such as. (1) What are you trying to achieve? (2) How are you going to measure it? To put it another way: What are your performance goals? How will you know when you've achieved them?

The Business "Problem Framer": Where to Start We live in an era full of uncertainty, velocity, complexity, and ambiguity. The result is a higher risk of business conflicts and change inertia, etc. Organizations shouldn’t just respond to the dynamic digital environment in a reactive way. They need to have a deep insight to identify critical problems and take a holistic approach to solve them effectively. A solution is nothing if the problem is not perceived. Creating awareness of the problem is the first step, but where to start?

The Best “Framework” Quotes of “Digital Master” July 2019 "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.” It perceives the emergent trends of digital leadership, provides advice on how to run a digital organization to unleash its full potential and improve agility, maturity, and provide insight about Change Management. It also instructs the digital workforce on how to shape a game-changing digital mindset and build the right set of digital capabilities to compete for the future. Here is a set of “Framework” quotes in “Digital Master.’

The “Future of CIO” Blog has reached 2.9 million page views with about #6000th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking and innovating new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.


Leverage Digital Framework to Address Business Perspectives and Practicalities

The digital framework provides guidelines, checklists, standards, processes, tools and building blocks, do & don't practices, to address diverse business perspectives and practicalities.

The digital world is so information-intensive and the digital transformation is multidimensional. A solid framework is needed to address the mechanics of getting the work done and varying business factors associated with the digital paradigm shift that must take place within the organization at all levels. The framework enables the organization exploring the digital way to run the business by providing the following perspectives and practicalities.




Imply structured processes or methodologies, roles, and rules, standards, definitions both from a business and technical perspective: Due to the increasing pace of change, the exponential growth of information and continuous disruptions, digital businesses are like the complex system which needs to be elaborated in a well-organized effort to enable emergent business changes in its own behavior, functions, and structure. The digital transformation goes beyond applying the latest technologies, it’s a multidimensional business expansion and multifaceted management discipline. A well-developed digital management framework helps the business take a structural approach with all important business elements such as principles, processes, methods, rules, roles, etc, to intersect and interact with its digital ecosystem, facilitate a structural strategic planning process and a healthy management cycle to benchmark business operations, as well as improve the overall management maturity.

Add value for implementations of the patterns to avoid having to reinvent the wheel: The businesses as systems don’t exist independently and that there are interactions between systems such as system overlaps and real in-and output dependencies. To put simply, the digital organization is the system. System = Pattern; or the systematic view of Information Technology. A well-developed framework adds value for implementations of patterns; while pattern language helps you understand the framework. If you look at patterns, you will find that they are containers for articulating relationships. It helps to figure out better solutions by peeling back the layers to find the root causes and address the issues systematically without reinventing the wheel all the time. Thus, it’s important for business management to tie pattern thinking and systems thinking together and apply the transformation framework to either solve business problems, manage innovation or lead digital transformation.

Harnesses cross-functional communication: Digital means the increasing speed of changes, exponential growth of information, shortened knowledge cycle, as well as multi-generational and multicultural digital workforce. It’s a mix of order and chaos, innovation and standardization, growth and stability, learning and action, etc. A well-developed framework helps to reduce business tensions, frictions, and conflicts that arise to enforce trustful business communication, relationship-building, and collaboration. Define and implement frameworks which can articulate the big why behind business initiative clearly, and explain the strategic rationale behind the business venture. Digital adaptation is faster if made with the full involvement of people in organizational change by leveraging an effective digital management framework, powerful communication platforms, channels, tools, and a feedback mechanism.

Manages a portfolio of relevant cross-border business competencies: Developing a unique set of core business competencies is a strategic imperative to build an ultra-modern digital organization. The right set of scalable, coherent, and impactful capabilities directly contribute to business quick win and long-term winning proposition. A fine-tuned digital management platform enables systematic changes, develop core business competencies, and produce business results that are reliable, repeatable and fully distinguishable. With a well-designed framework, the business can re-purpose well-designed systems and components for change purpose, to ensure that change can be accomplished timely and consistently. The underlying structures and processes are dynamic and flexible and the business capabilities can be recombined and integrated without reinventing the wheel to expedite strategy execution cycle.

Embed digital cultures into the very fabric of the business: It is important to note that within the organizations, the large business transformation is a team effort, often across multiple organizational silos. Each function is not a silo by itself and it draws its energy from within the organization. Thus, a well-designed framework helps to set underlying rules, fine-tune organizational structures, and put the right business culture elements such as beliefs, attitudes, and behaviors together to nurture a creative business environment and embed digital cultures into the very fabric of the business. A high mature digital organization is usually outward-looking rather than insular, it’s critical to leverage a framework approach for incorporating multiple and diverse components such as value, trust, communication, collaboration, simplicity, adaptability, and continuous improvement, etc, into the business culture cross functional disciplines and embed change management mechanism into the corporate DNA.

The digital framework provides guidelines, checklists, standards, processes, tools and building blocks, do & don't practices, to address diverse business perspectives and practicalities, define or develop business competencies, to manage a high-performance digital organization. The broader you can oversee and the deeper you can perceive the holistic digital impact, the further you can reach the digital vision and the pinnacle of digital transformation.