Wednesday, July 7, 2021

g-f(2)361 The big picture of the digital age (7/7/2021), MIT SMR, Summer 2021 Issue

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Opportunity, Turbulent times demand dynamic rules
Lesson learned, Organizational rules in an uncertain world
  • Circumstances can change rapidly in an uncertain world — organizational rules should be designed to change along with them.
  • The popular expression “the new normal” describes exactly that — an era characterized by uncertainty that needs to be met with new organizational perspectives and practices.
  • To prosper in dynamic times, businesses need to change their approach to rule-making and adherence.
  • In order to function effectively in the new, more dynamic normal, organizations must change how they design, implement, and monitor their policies and procedures. 


      Genioux knowledge fact condensed as an image


      Condensed knowledge


      Opportunity, Turbulent times demand dynamic rules
      Lesson learned, Organizational rules in an uncertain world
      • Circumstances can change rapidly in an uncertain world — organizational rules should be designed to change along with them.
      • The popular expression “the new normal” describes exactly that — an era characterized by uncertainty that needs to be met with new organizational perspectives and practices.
      • To prosper in dynamic times, businesses need to change their approach to rule-making and adherence.
      • In order to function effectively in the new, more dynamic normal, organizations must change how they design, implement, and monitor their policies and procedures. 


      Category 2: The Big Picture of the Digital Age

      [genioux fact deduced or extracted from MIT SMR]

      This is a “genioux fact fast solution.”

      Tag Opportunities those travelling at high speed on GKPath

      Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

      Type of validity of the "genioux fact". 

      • Inherited from sources + Supported by the knowledge of one or more experts.


      Authors of the genioux fact

      Fernando Machuca


      References





      ABOUT THE AUTHORS



      At MIT Sloan Management Review (MIT SMR) we explore how leadership and management are transforming in a disruptive world. We help thoughtful leaders capture the exciting opportunities—and face down the challenges—
      created as technological, societal, and environmental forces reshape how organizations operate, compete, and create value.

      We distribute our content on the web, in print, in audio podcast, and in apps, as well as via licensees and libraries around the world.


      Authors of the brilliant article Turbulent Times Demand Dynamic Rules

      David R. Hannah (@daverhannah) and Christopher D. Zatzick are associate professors of management and organization studies at the Beedie School of Business at Simon Fraser University. Jan Kietzmann (@7_dials) is associate professor of innovation and information systems at the Gustavson School of Business at the University of Victoria.


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