Real societal advancement is made through the work of forwarding-looking minds, updating knowledge, and progressive activities.
Due to the “VUCA” (Velocity, Uncertainty, Complexity, Ambiguity) characteristics of the new normal, the organization has to improve its responsiveness in adaptation to changes and accelerate its speed for grasping the business growth opportunities. The information-abundant digital era implies fluid hyper-cycle and transcendent up-levels of business development. It’s important to deepen the level of organizational learning, reach up the level of performance excellence, and move up to the next level of leadership.
Level of learning: As we have moved from the industrial economy to the knowledge economy, now stepping into the hyper-connected and interdependent global economy. Information is growing abundantly, knowledge could be outdated sooner than what we thought of. The next level of learning is to not only keep learning and updating knowledge, but also create new knowledge and gain fresh insight across interdisciplinarily. Learn from the past, avoid pitfalls on the way. One’s own experience teaches more as it generates emotions, and serves as effective mental markers for association to enhance learning experience, improve what you did before, apply critical thinking to solve similar problems in similar circumstances more effectively and quickly.
People and businesses need to keep learning and acting, moving up towards the next level of understanding of complex things or problems; improving their level of professional competency; and raise their level of professional competency. To deepen the level of learning and understanding, it is important to both capture the conceptual big picture and dig into significant technical detail; shape your fresh viewpoint and abstract into wisdom.
Level of leadership: Leadership is about change and innovation. The appropriate level of directive or supportive leadership is being provided as individuals or teams to increase their knowledge/skill of tasks, dynamically adjusted through circumstances change. Being a leader takes one to have a desire to do better than others in certain domains. Leadership is influence. Influence competency is based on vision and purpose with effective leadership styles such as participation, coaching or delegation. At a broader scope, the intention of leadership is to bridge the multitude of gaps from perception difference to priority preference. At the deeper level, leadership needs to become more profound, empathetic and influential.
Leadership now becomes more interdisciplinary, and innovative. It’s important to practice knowledge power relevant for improving the level of leadership maturity. Senior leadership makes influence from mindset to attitude to behavior, and evolving to what is needed next for radical changes and societal advancements. It implies strategic foresight, profound insight, high level of intellectual and emotional maturity, and high-level leadership influence. To move up toward the topo level of leadership competency, people need to keep exploring their talent, broadening their relevant skills and deepening their expertise to solve more complex problems and get higher than expected results. High professionals should keep integrating the existing building blocks or recombine existing capabilities into the more sophisticated capabilities for deepening leadership influence.
Level of performance: Information-based analysis allows you to do deep information inspection as well as scenario building. Analytics driven performance-based management requires that the communication and measurement of performance are an integral part of an ongoing analytical process. Push a team to validate and/or do root cause analysis of findings. Use those findings to drive business decisions, take actions, and achieve high performance results.
Every organization is at a different stage of the business development cycle, and every company has a different strategic focus, different level of competencies, and different approach to assess performance. They will also set different criteria to select key performance indicators and focus on a different level of performance measurement. The performance management needs to make an objective assessment. Was the performance system implemented successfully? Were all necessary data sources integrated? A performance assessment system is a necessary foundation for continuous improvement. In many business situations, financial indicators only cover part of the story. The effective measurements selected should be part of a link to cause-and-effect relationships.
Modern society is a dynamic continuum with collective human progress. The emergence of potential opportunities for exploring business growth and transformation is likely to follow a nonlinear pattern as the pervasiveness of an organization’s digitization journey increases.The level of progress is based on the level of leadership, learning, performance, etc. Real societal advancement is made through the work of forwarding-looking minds, updating knowledge, and progressive activities.