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Lets explore two critical domains where connections are paramount: innovation and talent management. This means fostering diverse teams, building networks that bridge silos, and nurturing cultures where collaboration is encouraged. Talent Management Is a Connection Issue Talent is the lifeblood of any organization.
A networkorganization is resilient and sustainable. One of the largest barriers in several organizations is that many managers still tend to think using hierarchical paradigms. Targets, management on result, and control remain the magic words. Okay, but what is a networkorganization and how and why does it work?
It influences the way work is organized, executed and informs the ways in which quality measured. Empowerment – Employee empowerment occurs when management shares information and a certain degree of autonomy and responsibility for decision-making, allowing employees to take initiative and make decisions to solve problems.
So, the organization will continuously need to adapt to an ever-changing environment and need personnel who operate well in this (ever new) environment. Traditional command-and-control structures are gradually being replaced by collaborative ways of working, including concepts such as matrix organizations and networkorganizations.
"Twenty-five years ago, management meant control. Managers put in controls, handed workers specifications, and established formal structures that ensured that people did what they were told. Companies operated alone, rather than being part of partner networks or plugging their people into informal relationships.
Today, we live in a time of transformation every bit as colossal as what Weber saw a century ago: a shift from hierarchical to networkedorganizations. If it can fit on an org chart, it’s not a network. Before Weber’s bureaucracies became predominant, most enterprises were fairly organic.
This is very different from the way large businesses have operated for decades. Eventually, businesses became department stores, specialty stores and malls, and finally, today''s e-businesses and networkedorganizations that support them. What does it mean to operate in a digital business ecosystem?
In a recent Harvard Business Review article we explore how companies require three mutually supportive capabilities to fully exploit data and analytics: an ability to identify and manage multiple sources of data, the capacity to build advanced analytic models, and the critical management muscle to transform the organization.
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