Take Digital Leap via Closing Three Blind Spots

Digital means changes. Being static is no longer a choice for today’s digital professionals or businesses. If you do not move fast enough to adapt to changes, you already lag behind. However, digital dynamic also creates more blind spots because of its “VUCA” characteristics - Velocity, Uncertainty, Complexity, and Ambiguity. So how to drive the business in the fast laie and take digital leap via closing those blind spots?

Strategy blind spot: With increasing speed of changes, many organizations are inundated with tactical tasks and operational tasks, they don’t spend enough time on scrutinizing the long term strategy and identify fatal blind spots in order to make a smooth business transformation.  Indeed, there are both blind spots in strategy formulation and execution. That also means they probably wouldn't know where is the weakest link in the business and how to invest in new capabilities for their business, even if the organization thought there was any value justification for making the investment. To clear the path, whether that be the elimination of obstacles, closing the blind spots, or to provide guidance - so that the business as a whole can unleash its full potential.
Talent blind spot: Many organizations are still running at the industrial speed with bureaucratic culture and hierarchical decision-making scenario, business is the sum of pieces than a holistic whole, functional silos compete for resources, rather than work collaboratively to optimize business. Such silo mentalities will create numerous blind spots in resources, process, capacity, and capability. The company's reputation and success today are founded on innovation and to a very large extent, the most invaluable asset of the business is the talented people. Therefore, it’s important to build high performance team with heterogeneous group setting, complementary skills and capabilities in order to fill blind spots, clear business vision, and spur creativity. The productivity is higher in an innovative organization, and an innovative organization has less blind spots because people do not fear to provide feedback and cognitive difference expands the lenses to see the business thoroughly, and the talent employees are limited only by their imagination.
Measurement blind spot: One possible cause of the blind spot is the fact that many traditional organizations can neither sufficiently measure the business value in a multidimensional way, as a consequence, articulate their value to the organization’s shareholders. That also means they probably wouldn't know where to invest in new capabilities. even if the organization thought there was any value justification for making the investment. The "measurement" of productivity -- not productivity itself has blind spots as well. Because of the business manager keep on asking employee productivity instead of focusing on getting things to work correctly. Sometimes, the selected metrics show productivity improvements, but no real business improvements. Measurement becomes the end, for its own sake, and create more blind spots, and distract businesses from implementing strategy effectively.The business speed can only be accelerated with a clear vision, strong focus and collective capabilities. By closing all those fatal blind spots, an organization can be well prepared to effectively and efficiently absorb and accept change in all its forms; an organization in which change does not disrupt and interfere with business as usual, an organization for which the ability to evolve, adapt and innovate is business as usual. The intention is to enable a leadership culture at all levels across the organizations.Follow us at: @Pearl_Zhu