Strategy and Digital Transformation

There’s something about audacity that makes the impossible seem inevitable. When Elon Musk first declared his vision for SpaceX, many laughed. Reusable rockets? A private company challenging the dominance of established space agencies? It all seemed too far-fetched. But Musk pressed on, driven by the conviction that radical ideas often need time to be seen for what they truly are: revolutionary. One of SpaceX’s most iconic moments came when they landed the Falcon 9 booster back on Earth—an achievement that redefined the limits of space technology. But what happened recently marks another step towards redefining the future. Just this past week, SpaceX successfully caught the Lower stage of its Starship rocket with “chopsticks”—a giant mechanical arm designed to capture the descending rocket. The feat, once planned for early 2025, happened ahead of schedule, showing once again that Musk and his team are constantly pushing beyond what anyone thought possible. The image of those massive ...

Business and busyness are somewhat similar. This means engaging in activities; the question for businesses in terms of outcome would be the productivity of the busyness. Almost every business owner or leader is busy, but are the business activities just measuring a KPI or delivering value for strategic vision and plan? It's easy to equate being busy with being productive. However, constant activity without clear direction can lead to inefficiencies and wasted resources. Leaders may find themselves and their teams engaged in numerous tasks that, while time-consuming, do not necessarily contribute to the overall strategic objectives of the company. To ensure that busyness translates into meaningful business outcomes, we must align daily activities with the company's strategic goals. This involves setting clear Key Performance Indicators (KPIs) and OKRs that are directly linked to the broader vision and mission of the organization. That is why I highly recommend Trackboard.app to ...

  Birds have a strange way of feeding their chicks. They pick food droplets directly into their mouth until they are ready to fly and get their food. Over the weekend, I saw a video of a chick that kept opening its mouth to a caterpillar, hoping for the caterpillar to jump into it. It ran after the caterpillar; instead of striking and picking it with its beak, It didn't know how to feed. Photo by Vincent van Zalinge on Unsplash This phenomenon resembles how some businesses run their operations by micromanaging their employees. Micromanagement naturally truncates innovation, a sense of ownership among employees and employee growth. It is why many organizations would bring someone from outside to take over a role instead of empowering the people within their organization. While Mircomanageemnt is not a new terminology, It's a big hassle for a team that wants to innovate. What is Micro Management? If you look at Oxford Dictionary, Micromanagement is the "control ...

Opening Strategy!  In their work, Chesbrough & Appleyard (2007) discussed emerging anomalies that are challenging the traditional business strategy process. The conventional business strategy approach was based on Porter's forces whereby firms create barriers and closure against new entrants to maintain competitiveness. However, recent events concerning modern businesses show no sustainable competitive advantages in industries but a continuous need for proficient business innovation and strategy (McGrath, 2013). As technology, competitors, and customers’ needs changes, the competitive advantage erodes and disappears. However, to maintain or sustain competitiveness, organizations must innovate with agility and a dynamic approach to the strategy processes to meet varying market demands (Doz & Kosonen, 2008). To this end, firms are beginning to pattern their business strategy and innovation using the open strategy approach in value creation with some success (Teece, 2010; Lued...