In a world that demands high-performance HR leaders, the older managerial paradigms no longer apply. Today’s strategic-business leader must recognize the new frameworks for strategic planning. Every strategic leader should learn how fast-changing disruptive innovators alter what is necessary for organizational leadership and management. Organizations must enhance their speed of decision-making, gain more insights, and provide better customer and team member experiences. Transformational change management will guide an organization through strategic transition, realizing its business objectives while staying true to its values.
Recent developments in business technology, coupled with social media and other emerging technologies, have made it clear that leaders need to be highly skilled and leverage disruption as a tool to create a competitive advantage. Traditional business wisdom held that the best leaders develop discipline, organizational culture, and order, and they rely on old, trusted business contacts to solve complex problems. The emerging technologies are disrupting traditional business processes, and leaders must learn to embrace and use these technologies to develop winning strategies.
A strategy for responding to an emerging leverage disruption should include strategies for establishing a plan for employees to minimize the impact of the disruption and adapt to the new technologies. Methods should consist of procedures for defining the types of interactions that are appropriate for employees. Strategies should include training employees on new technologies, how to deal with the new technologies, how to deploy the new technologies and follow-up strategies for making the most of the disruption. A successful system should identify the roles and responsibilities of employees and provide a schedule for training.
Another tool that many companies use to implement strategic tools for leveraging disruption is digital transformation platforms. Digital transformation platforms provide organizations with a comprehensive set of digital tools to help them address threats and increase their effectiveness in coping with change. Digital transformation platforms are usually designed to integrate with existing business processes. However, some platforms can also be implemented standalone. Digital transformation platforms are an important complement to conventional strategic management approaches and help align activities between traditional business processes and incorporating disruptive technology into the business environment. They can be implemented to help organizations reduce costs and improve productivity by helping to drive change in multiple verticals through the application of digital technology.
An effective plan will help leaders evaluate the impact that disruptive technologies may have on their organization. It can also help leaders develop a plan for responding to any new technologies that may emerge during an unfolding disruption event.
