Another creative quarter has past and the works keep coming. This time I did a fun one that tried a method that employed painter's tape and layers. Hope you get entertained with these pieces :) If you want to see the rest of my collection, click here.
We have three-quarters completed in 2021 and people are shifting their topics of interest. Here is a visualization of the activity on my blog. The trends are shifting based on readers' interests. Jumping to the number one issue is Results Oriented Communications in the age of Hybrid Work. While Customer Journeys are still of interest, they slipped to the number two issue. The next highest topic of interest is Management Visibility represented by the Management Cockpit and Real-Time Fast Boards. The next trend revolves around just what is Digital Transformation and where to put Digital Investments. The last in the top five trends revolve around Data Sprawl and Data Fabrics. If you think there are other high-priority topics, you can put a comment on this post or hit me up on Linkedin. Below is a graphic depicting the activity for the last 12 months.
Looking at the last 6 months the digital investment topics seem to be on the rise.
Net; Net:
I'm thankful for my loyal readership and would love any feedback you have on my analysis or ideas for new blogs. The activity is headed towards 800K in 2022 cumulative since mid-2013.
There is a great deal of effort and cost associated with keeping technological components up to date and easy to use for more organizational leverage. Some folks estimate that this can reach near 90% of the budget allocated for technology. Every time we add another technological component, the more debt an organization builds. It is excruciating for data infrastructures as data can be used repeatedly to leverage business benefits. It gets in the way of delivering the newly desired outcomes of better customer journeys, more automation for cost savings, and leveraging an organization's resources in new and innovative ways. This post will concentrate on the data infrastructure portion of the technical dept. At the same time, it explores the causes, adverse effects, and how to solve them for data infrastructures and the ever-growing data sprawl.
Data Infrastructure Debt
Causes
Effects of Data
Infrastructure Debt
How to Start Solving Data
Debt?
Management by wire has been the wish of many organizations starting back in the 1990s after the first practical application of fly by wire was delivered by Airbus in the late 1980s. The notion of giving management assists in holistically managing their organizations with software assists for single-loop learning situations grew fast. The parallel was evident and desirable, but until recently, it has not been delivered uniformly. This post will investigate the progress towards "management by wire" and when we will see it.
Figure 1 Feedback Driven
Learning Loop Approaches
What is
Management by Wire?
Management by wire is a strategy in which managers rely on the organization's "information representation" and feedback loops (see Figure 1) generated by software and data working together to inform management of progress towards goals and outcomes while sensing any potential shift in conditions in and around that organization. It borrows from the idea of managing an airplane under various states and conditions while heading to a destination safely. It allows managers to not just "follow their gut feelings and experience" but provide detailed information for status and change for potential actions in a shortened time window. Because organizations are complex like airplanes, many measures are coming at the managers with different velocities and combinations that may be beyond a manager's capability at any one moment in time because of the breadth and depth of their responsibilities for managing goals, initiatives, and outcomes.
Why are the
Stars Aligning for it Now?
Digital technologies are giving us so much more capability
than we had in the past. Here are some of the trends that point to attaining
management by wire sooner than expected.
Better Visibility
We now have fast boards available to replace slow and
lethargic dashboards where speed counts. Fast boards give managers up to the
second views into essential issues. We now have management cockpits that can
give integrated views of performance, states of crucial processes, and the
success of any automation applied for better optimization.
Better Insights
With the help of better-integrated visibility, the manager
can be equipped to leverage their experiences and gut feeling while surrounding
them with additional analytical & AI assist combinations that I like to
call poly-analytics. It can allow the managers to try different options before
deciding and acting. It would be true for real-time operational adjustments all
the way through to strategy adjustments.
A Better Data Mesh
Because data is getting easier to access with better
integrations, dynamic transformations, and not having to worry about location,
any manager can get the view they need to manage. While there are still challenges
with data quality, the fly-by-wire notion will identify the priority projects
for more data cleansing.
When Will
Management by Wire Arrive?
Organizations are gaining experience with the building blocks
for creating a manage by wire environment. There has been significant progress
in managing data better logically as well in various physical locations.
Because the management cockpit focuses on the crucial outcomes, data that feeds
the cockpit gets better quicker. Integrated visualizations that leverage fast
boards are growing by leaps and bounds. I expect organizations will have
examples of portions of their business operating using management by wire
principles by the end of this year and complete end-to-end business leverage of
fly by wire in the next few years. Better get started soon or get left in the
dust.
Net; Net:
Since flexibility and responsiveness now rule the
marketplace, today's successful organizations focus on sensing, orienting,
deciding, and responding to the immediate need for change. Change necessary to
be ready for new customer needs and shifting business environmental needs. Our
world is now emergent in nature, so we need new approaches powered by better
information technology that assists management in giving a holistic and
integrated view of their organizations to start—inevitably leading to better
interpretation of feedback information, better decisions, and improved actions.
Even if we live in a steady-state world, optimizing organizations' responses
will pay back handsomely.
Additional Reading:
