Yves Morieux at NILF 2017 - Creating value in an age of increased complexity | nasscom | The Official Community of Indian IT Industry

Terms of use

Terms of Use

The use of this site and the content contained therein is governed by the Terms of Use. When you use this site you acknowledge that you have read the Terms of Use and that you accept and will be bound by the terms hereof and such terms as may be modified from time to time.

All text, graphics, audio, design and other works on the site are the copyrighted works of nasscom unless otherwise indicated. All rights reserved.
Content on the site is for personal use only and may be downloaded provided the material is kept intact and there is no violation of the copyrights, trademarks, and other proprietary rights. Any alteration of the material or use of the material contained in the site for any other purpose is a violation of the copyright of nasscom and / or its affiliates or associates or of its third-party information providers. This material cannot be copied, reproduced, republished, uploaded, posted, transmitted or distributed in any way for non-personal use without obtaining the prior permission from nasscom.
The nasscom Members login is for the reference of only registered nasscom Member Companies.
nasscom reserves the right to modify the terms of use of any service without any liability. nasscom reserves the right to take all measures necessary to prevent access to any service or termination of service if the terms of use are not complied with or are contravened or there is any violation of copyright, trademark or other proprietary right.
From time to time nasscom may supplement these terms of use with additional terms pertaining to specific content (additional terms). Such additional terms are hereby incorporated by reference into these Terms of Use.

Disclaimer

The Company information provided on the nasscom web site is as per data collected by companies. nasscom is not liable on the authenticity of such data.
nasscom has exercised due diligence in checking the correctness and authenticity of the information contained in the site, but nasscom or any of its affiliates or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this site. The information from or through this site is provided "as is" and all warranties express or implied of any kind, regarding any matter pertaining to any service or channel, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement are disclaimed. nasscom and its affiliates and associates shall not be liable, at any time, for any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorised access to, alteration of, or use of information contained on the site. No representations, warranties or guarantees whatsoever are made as to the accuracy, adequacy, reliability, completeness, suitability or applicability of the information to a particular situation.
nasscom or its affiliates or associates or its employees do not provide any judgments or warranty in respect of the authenticity or correctness of the content of other services or sites to which links are provided. A link to another service or site is not an endorsement of any products or services on such site or the site.
The content provided is for information purposes alone and does not substitute for specific advice whether investment, legal, taxation or otherwise. nasscom disclaims all liability for damages caused by use of content on the site.
All responsibility and liability for any damages caused by downloading of any data is disclaimed.
nasscom reserves the right to modify, suspend / cancel, or discontinue any or all sections, or service at any time without notice.

For any grievances under the Information Technology Act 2000, please get in touch with Grievance Officer, Mr. Anirban Mandal at data-query@nasscom.in.

New

See all

No notification found.

Yves Morieux at NILF 2017 - Creating value in an age of increased complexity

communityadmin

@communityadmin

February 21, 2017

Cloud Computing NASSCOM Summits

465

We keep colliding with “VUCA”. The term may be at our beck and call even though we may not fully understand its future impact. Like many other terms bandied around, this too has its roots in the army – the US army to be specific. It was coined during the Cold War and spilled into Afghanistan afterwards. Decades later and especially now, business leaders are engaged in strategizing in a volatile environment.

Yves Morieux from BCG started his keynote address at NILF 2017 on this brief history and set the context – creating value in an age of increased complexity

The task before us is about organising ourselves in a complex environment, which also is the very basis of Change Management. Change, after all, has always been synonymous with human progress. So VUCA is really a lever for us to reach the next level.

The world is getting more complex:

More stakeholders and more demands.
More customers with more choices.
More markets at home and abroad.
More requirements.
More difficult to create value.
More conflicting demands and faster changes.

A direct outcome of this “crisis” is the impact on productivity. Despite disrupting technologies doing rounds riding on globalisation, and yet, productivity curve is on the decline. Make no mistake, productivity is fundamental to our society, and it will not suffice to only have the best of products but with falling productivity levels.

We now come to the idea of happiness. When you go home, do your children ask you, “Dad were you productive today?” Nooo, that would be ridiculous! They’d probably ask, “Dad, how was your day?” Studies reveal that in Europe, less than one-fourth of workers feel engaged. Europe is certainly not an outlier. Even in US the index for “Satisfaction at work” isn’t all that good. Why are engagement levels low all around, and leading to so much unhappiness? Has it got something to do with aggravating nature of work-relate problems that humans constantly grapple with?

This brings us to the next idea. If one wishes to be more productive, then work will have to be managed and organized innovatively through a differentiated approach which is also simplified. Extending this idea further – companies in future, if they want to succeed, will have to create structures and processes accordingly (innovatively).

We all understand this. We also understand that things have to be less complex, and in our bid to achieve it, we have ended up bringing in more complexity. Simplicity is about intelligence, common sense, problem solving, energy and learning. Simplified systems will have to bring in all these factors together. If all these attributes can be bound together, we are likely to see high engagement levels. Ultimately, models can only create value if engagement levels are high. As needs continue to expand, meeting them would be through partnerships and co-creation. However, co-creation may also lead to conflicts. Although, it can be avoided.

Disclaimer

That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.

communityadmin