ABeam DX Insight No.20 DX Engine - Three Elements of Company Transformability -
- DX
As has been introduced in this Insight series, it is important in DX promotion to utilize digitalization to transform your business model and culture. The transformability of the company will be tested in such a period of transformation. It is important, therefore, to break down company transformability into practical concepts.
Conceivably, we can break down company transformability into three elements: the ability to find, the ability to execute, and the ability to adapt. Each of these three elements can be further broken down as shown in the figure below.
Figure Three Elements of Company Transformability
Company Transformability
1．Ability to Find
Ability to identify signs of environmental change
- In addition to reading changes in financial figures, clearly defining, through scenario analysis and the like, factors that should be considered and monitoring these factors in the course of business management
Ability to raise (direct) crises awareness
- Logically communicating detected environmental changes and the risks and negative impacts of these changes
2．Ability to Execute
Ability to quickly and flexibly review strategies
- Developing leadership and processes that enable rapid and flexible strategy reviews during planning periods in accordance with change
Ability to transform the decision-making team into a monolith
- Accumulating approaches and know-how to build a common consciousness with individual management members in order to commit to the execution of the strategy as a management team
Ability to scale and amplify
- Building mechanisms that enable scale-up of successful efforts, going beyond the quick win
3．Ability to Adapt
Ability as a culture to tolerate ambiguity and trial & error
- Fostering a culture that supports challenges in chaotic situations and situations where success is an uncertainty
Evaluation, talent development, transfer of authority
- Optimizing evaluation standards that emphasize behavior, systems for developing next-generation leaders, and review of responsibilities and authorities to support culture development
In order to respond to the rapid change of the business environment represented by digitalization, it is essential to understand the current state of your company's transformability. Many companies are already promoting initiatives to advance organizational capabilities as a company, but perhaps it is important to set company transformability as the ultimate goal and systematize and refine individual initiatives accordingly. When doing so, be sure to refer to the thematic viewpoints and methods introduced in these Insights.
ABeam DX Insight
- ABeam DX Insight No.1 DX: Evolution to Second Stage
- ABeam Digital Transformation #1 DX: Giai đoạn 2 của Chuyển đổi Số
- ABeam DX Insight No.2 DX Vision & Scenario Formulation - What are the four prerequisite definitions of DX ? -
- ABeam Digitl Transformation #2 Tầm nhìn DX & Công thức nền tảng của DX - Bốn yếu tố tiên quyết của DX là gì? -
- ABeam DX Insight No.4 DX Vision & Scenario Formulation - From the viewpoint of next generation leader development -
- ABeam Digital Transformation #4 DX Vision & Scenario Formulation - Từ quan điểm của sự phát triển thế hệ lãnh đạo tiếp theo -
- ABeam DX Insight No.5 DX Vision & Scenario Formulation - What are the five benefits of "DX × Purpose Management"? -
- ABeam DX Insight No.6 DX Leadership - Four Missions & Seven Skills -
- ABeam DX Insight No.7 DX Leadership - Digital Understanding and Approach Required of Leaders -
- ABeam DX Insight No.8 DX Leadership - Five Elements for Successful Functioning of Digital Leadership Team -
- ABeam DX Insight No.9 DX Leadership - Four Roles for Digital Culture Transformation -
- ABeam DX Insight No.10 DX Talent - Three DX Talent Models -
- ABeam DX Insight No.11 DX Talent - DX Talent Requirements: Five Perspectives -
- ABeam DX Insight No.12 DX Talent - DX Talent Development: Three Success Factors and the Development System -
- ABeam DX Insight No.13 DX Talent - Solving Personnel Systems and Operational Issues in the Digital Age -
- ABeam DX Insight No.14 DX Engine - Defining the mission and role of the DX organization to rapidly accelerate DX -
- ABeam DX Insight No.15 DX Engine - The Three Elements of DX Human Resource Portfolio Management -
- ABeam DX Insight No.16 DX Engine - Trends and Measures for Data Driven Business Management -
- ABeam DX Insight No.17 DX Engine - Digital Governance: 4 Levers and Cycles -
- ABeam DX Insight No.18 DX Engine - Global Organizational Design & Workforce Management and DX: Four New Issues -
- ABeam DX Insight No.19 DX Engine - Eight Practical Points of Change Management -
- ABeam DX Insight No.20 DX Engine - Three Elements of Company Transformability -
- ABeam Digital Transformation #20 Động cơ DX- Ba yếu tố thuộc khả năng chuyển đổi của công ty -
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