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Strategic management: how and why to redefine organizational strategy in today’s VUCA world

Today’s world is characterized as being VUCA - volatile, uncertain, complex and ambiguous. Because of this new and unpredictable environment, it is almost impossible to predict threats or opportunities - at the same time, the potential for disruption is very high. VUCA was a term originally coined in the late 1990 to describe a strategic leadership environment. This already hints at the hidden advantages of this seemingly out-of-reach environment. What is VUCA really about and how can organizations and leaders adapt to it? In the following blogpost, we will consider what VUCA can and cannot bring to the table, and give some tips about how to make VUCA work for you through strategic management.
Strategic management in a VUCA world
Total votes: 7903
Wanda Tiefenbacher, 31.12.2019 | Posted in Strategy 0 comment
Agility, Change Management, Collaborative learning, Decision making, Innovation, Organizational learning, Strategy, Unique thinking

Paracrisis management in the digital age: Evidence-based practices for managers and professionals

Now more than ever, companies are relying on digital services like social media and blogs to conduct business and engage in customer service. With networking services like LinkedIn and Twitter as microblogging, even employees and potential employees are expected to have some digital presence to help them simultaneously stand out as unique while also promoting the company. But more importantly, according to a 2018 report from the Pew Research Center, around 70% of Americans use social media on a regular basis (A. Smith & Anderson, 2018), a resource, which, if targeted correctly, can be a boon for companies to find new consumers while also strengthening current relationships. This blog post provides you with evidence-based practices from social science on how to manage paracrisis in the digital age.
In the digital age, companies need to prepare a plan on how to deal with paracrisis which is a warning sign or prodrome of a potential crisis to come if a change is not implemented.
Total votes: 5363
Katharine Hodgdon, 05.06.2018 | Posted in Strategy 0 comment
Digital age, Evidence-based practices, Paracrisis, Social media

Start-up versus corporation: How to combine efficiency and creativity with contextual ambidexterity in organizations.

Concepts like efficiency vs. creativity or stability vs. flexibility are deeply engraved in our vocabulary as opposites rather than synergies. A similar contrast is the distinction between startups and companies. While startups amid current debates about disruptive innovations, digitalization, and industry 4.0 are generally associated with speed and agility, terms like bureaucracy and heaviness come to mind when we are thinking about companies
Startup versus corporation: How to combine efficiency and creativity with contextual ambidexterity in organizations.
Total votes: 7996
Dr. Markus Nini, 06.11.2017 | Posted in Innovation, Strategy 0 comment
Ambidextrous organization, Behavioral complexity, Critical thinking, Employee engagement, Human capital, Work climate, Collaboration

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