Three Practices to Scale Up Digital Transformation

Innovation best practices: More and more firms are learning and implementing best practices in innovation for improving the success rate of innovation. The paradox is that by nature, innovation is about transforming the novel ideas to achieve its business value, It’s about figuring out the new way to do things. Hence, the innovation best practices are not for making static or rigid processes, but more about setting the principles and standard to achieve innovation management excellence with agility and flexibility. So any best practice is not a “one size fits all” solution, but often good for a certain organization and for the specific situation and challenges that are faced and that actually requires different priorities as compared to others. Still, there is a recognizable core of approaches and activities that produce profitable innovation, and there are companies that use them. The real challenge is to understand where and how you can and should improve to get the biggest effect. Not every innovative company uses every best practice. Not every authority agrees on every best practice. These practices might be different across organizations, across departments, and affiliates within an organization and can change over time. Some "next practices" continue to emerge -In fact, they should change and evolve over time. Every organization needs to develop the tailored innovation practices via leveraging effective tools or methodologies and use them wisely with the expertise to really add value or drive innovation. Innovation is the management discipline to reduce business complexity or increase revenue, the best practices would help businesses to manage innovation more systematically,
Agility Scale-Up Practices: Originally, Agile is a set of principles and methodology for software development. But it is emerged as a management philosophy and mindset to build up a digital organization. To make Agile successful, the entire "organization" has to be agile. For agile to deliver considerable "maximum" benefits, it needs to work across the whole ecosystem. This includes service company, customer, operations, procurement, hr, finance etc. In a services situation, Agile success can improve the entire business competencies because it helps the business adapt to changes quicker and better. Corporations have to evolve, corporations that can't improve agility, flexibility, and speed, will eventually lag behind. The "organization" is the amalgam of both the company and its customer. If either side of that equation isn't agile, and then agility is not possible. Though to scale up agile, it doesn’t mean that an agile delivery model needs to be selected for the creation of every product, service, or project, as there may be cases where actually a non-agile delivery model is a viable option. Implementing a big change requires a buy-in and push from upper management. Once there is a support from them, then it becomes easy to get that change implemented and scale business agility seamlessly.

Every organization should strive to explore "best practices" throughout their organization to accelerate digital transformation via scaling up innovation, agility, and cloudification. However, the practices that are "best" today are almost always not "best" in the future since practices as well as technologies and markets are constantly morphing under pressure from the waves of creative destruction that keep business in innovation mode and managing change effortlessly.
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Published on July 25, 2016 22:52
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