Three Aspects of Managing Digital Business Continuum

Continuous learning and training: Though information is only clicks away, knowledge can also be outdated shortly. Hence continuous learning and training become more important in the digital era. Education, either formal or informal, is the means to the end, not the end itself. Informal learning at the corporate level starts to be more accessible to employees. The forms of informal learning take place in some of the most progressive organizations that support talent development. Shift the focus from formal learning and look more to placing structure around the informal learning. It doesn’t mean the formal learning programs are not worth pursuing, just that the greater value-add training is probably in other areas and can be taken with flexibility. Informal learning is on the rise with the increase of social collaboration tools. The emergence of social platforms provides the new way to learn, share and collaborate via direct applications at the corporate level. Continuous learning needs to become a lifestyle, not only a job requirement, And a quality education, regardless of styles, should open, not close one’s mind, helps receivers to inspire thinking, recognize opportunities, updating knowledges, and building capabilities and skills.
Continuous Performance Management: Today’s digital employees are multi-generational, multi-cultural, and multi-devicing, they leverage the latest digital tools to work anytime and anywhere. today’s employees also value different things compared to previous generations of workers. Therefore, talent management as a business critical process needs to be agile in adapt to the accelerated change facing in organizations. The traditional performance management based on more static processes and an annual review is no longer efficient enough to improve employee engagement and mapping staff performance with more dynamic strategy-execution continuum. How about real-time appraisals that take place consistently and can be tracked accordingly. The continuous performance management method is to track in monthly basis the performance against the company results. This will not only have a performance and goal review but also guarantee the alignment with corporate goals. Each objective has milestones that the progress can be tracked by either the employee or manager and recorded in the talent system. Objectives are then rated when they are due in the year. Each objective could even be weighted to assist with an overall year-end rating.

The multidimensional digital transformation provides impressive advantages in terms of the speed of delivering the solutions. Digital transformation is not a one-time project or a stand-alone initiative, it is a continuous journey to adapt to the new world of businesses: Fast, always “on,” highly connected and ultra-competitive. Follow us at: @Pearl_Zhu
Published on February 06, 2016 23:10
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