5 Sources to Activate the Collective Intelligence of the ...
Transcript of 5 Sources to Activate the Collective Intelligence of the ...
5 Sources to Activate the
Collective Intelligence of the
Company
Increase Strategic Readiness Through
Crowd Intelligence
Written by: Ronald Herse I April 23, 2020
Image: MicroStockHub/istockphoto.com
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If the rate of change on the outside exceeds the
rate of change on the inside, the end is near.Jack Welsh
The only effective way to improve one's own ability
and speed of change is by increasing the level of
networking and using the right evaluation procedures.
2 | Activating Collective Intelligence in Times of Crisis
5 Sources to Activate the Collective Intelligence
The first shock has been overcome. Now high
economic uncertainties are becoming the new
normality for some industries and organisations.
These uncertainties will be with us all for a long
time to come. The great challenge of securing
our own liquidity and sales, keeping an eye on
costs and at the same time remaining capable
of acting globally is becoming part of our
everyday business.
Especially for complex, internationally operating
organizations, it is now a matter of quickly
activating the collective intelligence of the
entire company.
This paper describes the 5 sources for
activating the collective intelligence of the
company and what is essential in order to
master the next phase of the crisis in a
resource-saving, successful and especially
sustainable way.
Mastering the Crisis in a Resource-Saving and Sustainable Way With Crowd Intelligence
What will be the key issues over the next 6 to
9 months?
It is becoming the most important task of
management to remain capable of acting as an
entire system. This with the aim of ensuring the
effectiveness of our own activities with regards
to our business planning. We have to collect
and consolidate the upcoming faults, risks and
opportunities worldwide in short cycles, and
then set the right priorities immediately and
distributed.
We also have to ensure that we remove the
barriers to successful action on the front lines
and increase the degree of changeability of our
people globally.
Last but not least, direct channels of
communication are necessary to regularly
"flush" the many outstanding questions,
problems and ideas into the overarching crisis
control center, which interprets them in a
superordinate manner and derives
interventions. All this must be done quickly and
systematically. This is a challenge that should
not be underestimated, as very few companies
are prepared for it.
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In order to obtain a holistic view of the current
situation in our businesses (segments, regions,
products, customers, etc.), we must have our finger on
the pulse close to the place of change or on the crisis
front, activate the intelligence of a large number of
people simultaneously and mobilize their self-
organising forces at short notice. This does not only
apply in times of crisis, it will have to become the new
normality.
5 | Activating Collective Intelligence in Times of Crisis
The Great Man Remains Ineffective in Turbulent Times
Collect, Condense, Evaluate and Quickly Get the Right Things Started
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If the
company
knew what
the
company
knows.
„
It is a matter of finding the right sources in order to obtain a picture of the current situation on the
ground that is as holistic and action-oriented as possible.
6 | Activating Collective Intelligence in Times of Crisis
5 Sources That Are Decisive for Success in Overcoming the Crisis
Securing liquidity and strengthening the cost
position through CRISIS INITIATIVE
MANAGEMENT
The aim is to achieve permanent transparency
regarding current activities and the expected
impact of activities on liquidity, costs, profit and
sales.
Cushioning potential disturbances and risks
through FAULT & RISK MONITORING
Identifying occurring faults and risks at an early
stage and evaluating them in the form of
scenarios on a higher level in order to
immediately initiate the right countermeasures
and thus avoid potential losses.
Removing the barriers to correct action on site
through AGILITY ENABLEMENT
Ongoing comparison of current success-critical
skills with the urgent challenges on site. This
makes visible the knots that are preventing the
necessary agility on site and that need to be
untangled in the short term.
Recognizing the need for action for
adaptability through CHANGE MONITORING
Assessment of the ability and speed of change in
the areas on the front line that have been
affected differently by the crisis. This is done with
the aim of introducing the right measures for
each area in order to support change and
correctly assess the effectiveness of the
interventions.
ISSUE-CLUSTERING enables crisis-adapted
communication
The aim is to obtain information about the
problems, open questions and also ideas of those
affected in an unstructured way, via permanent
feedback channels. Based on the qualitative
feedback from the crisis front, text clustering
procedures of transfer learning are used to
efficiently generate comprehensive insights with
measurable benefits.
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The Level of Structuring and Control of the Survey Process Depends on Sources
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Depending on business field,
region/country or product group,
different challenges have to be
overcome on site. In addition, different
groups of people have to be involved
in the information gathering process
and different levels of maturity of the
crisis zones concerned have to be
taken into account when dealing with
the local situation. To enable this
collection, condensation, evaluation
and feedback of information, a
globally uniform process and a robust
methodology are crucial for success.
At the same time, the process and
methodology must be sufficiently
flexible to be adapted to different
crisis areas and different groups of
people affected.
Depending on sources, different levels
of the given structure are necessary.
At the same time, the collection
process – the control of the request
and the feedback of information as
well as the frequency of feedback –
must be differentiated for each search
field and crisis zone. It is therefore a
matter of combining the right degree
of structuring with the way in which
the control and feedback is managed.
The process and methodology for
collecting the signals must be robust
and easy to use for the operators.
Intelligent analysis methods should be
used to condense the large amount of
information from the organization.
"Necessary and sufficient" should be
the keyword for the practical design of
the sources, evaluation and feedback.
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The 5 Sources Are to Be Marked Differently Along the Individual Crisis Zones
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„A Crisis is a terrible
thing to waste.
We must assume that
volatility and uncertainty
in our markets will
continue to increase and
become the new norm in
the business world. The
crisis-like disruption that
we are currently
experiencing clearly
shows us our vulnerability.
We should actively use
the chance to learn from
it.
Securing Liquidity &
Strengthening the Cost Position
CRISIS INITIATIVE MANAGEMENT
Specifics of Source 1
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The activities in your organisation should
be fully mapped, high frequency reviewed
and the following questions should beasked:
1. What contribution do the activities
make to strengthening liquidity and
what sales, cost or profit effects do
we expect?
2. Which activities should be prioritized,
which ones should be stopped? How
do we strengthen the desired
activities?
3. Which gaps arise with regards to our
business planning and how do we
close them?
In times of crisis, the most importantmaxim is focus.
It is about identifying where a direct
or indirect contribution to mastering
the crisis is made.
Identify which activities are critical for
success during and after the crisis.
And which are strategically so
important that we cannot stop them.
Also use the opportunity to
"systematically collect waste".
Keep an Overview of the Activity Landscape and Its Effect on Business
Planning.
You should know which activities are currently running and which effect they have.
Cushioning Potential Disturbances & Risks
FAULT & RISK MONITORING
Specifics of Source 2
10 | Activating Collective Intelligence in Times of Crisis Evaluate Potential Gaps With Their Deviations From the Original Plan.
Simulate the effect of identified disruptions against the business plan.
Identify and assess risks on an ongoing basis in a closely timed
feedback process and initiate instant measures
Simulate and interpret the risks of the
business using scenarios and put the
right things on the road
The aim is to summarize and simulate disturbances
in scenarios. Generating comprehensive as well as
specific views of the emerging risks of the affected
product groups, markets and countries is the basis
for initiating the right countermeasures in a
targeted and rapid manner.
Bundling risks across the board and
assessing them holistically
In the end it is our assumptions that
determine our actions. Therefore the
assumptions behind our actions
must be clear and transparent. In
volatile times, assumptions can
change quickly due to disruptions.
And this changes the opportunities
and, in particular, the risks for our
specific business.
Short-term feedback to challenge
and adjust assumptions is critical to
success.
Not only to react quickly, but also to
correct the original business plan
and draw the appropriateconclusions.
Specifics of Source 3
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Strengths and weaknesses or deficits are systematically identified with regard to the skills
critical to success and urgent challenges on site. The promoting and hindering factors for
an effective implementation in the crisis thus become visible. The right starting points are
quickly identified and blocking " knots" for agile implementation are specifically resolved.
Match the Necessary Success-Critical Capabilities With the Current
Challenges – in Relation to the Crisis Zone.Identify and resolve the knots that block the ability to act on the ground.
The ability to successfully master difficult phases depends on many factors. What we do
know, however, is that some areas are more affected by the crisis than others. We are also
aware of the maturity levels of different crisis zones in dealing with uncertainty and
volatility. Agility Enablement is about identifying the challenges specific to crisis zones and
confronting the skills critical to success in these zones in a self-critical manner. This
enables us to find the knots that we need to solve quickly, but also levers that we can
actively use. Due to the heterogeneity of the situation, this analysis must necessarily relate
to each individual crisis zone.Removing the Barriers for right Action on Site
AGILITY ENABLEMENT
Increase Agility & Adaptability
CHANGE MONITORING
Specifics of Source 4
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Using a few but essential hypotheses, the process of change is assessed with high
frequency. This provides clarity on the speed and ability of change in the areas affected by
the crisis. This is the basis for targeted measures to support the change areas.
And at the same time a good tool to find out whether the countermeasures are working
or failing. This is how we arrive at the right interventions.
Feel the Pulse of the Crisis Front via Change Monitoring and Actively
Promote Change.Identify the need for action to provide individual support to each crisis zone
In turbulent times, we must support those areas that are particularly hard hit by the crisis
and are subject to high levels of uncertainty in planning. The level of maturity in dealing
with uncertainty and managing complex situations are important. The process of change
must be actively designed for each specific area. Defined change agents help on site to
push this forward and ensure direct communication both internally and in the direction of
the crisis management team. Change monitoring is not about control, on the contrary. It
is about understanding and implementing the right measures to support the ability and
willingness to change on site.
Specifics of Source 5
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Ultimately, it is about giving the people in our company the opportunity to cast their vote,
to express through text what is on their minds. And we do this flexibly, on demand and
loudly. These messages should be taken as seriously as the expected feedback on changes
in sales. The people who feel the uncertainties at first hand must have the opportunity to
address your ideas, concerns and questions efficiently. And every input deserves to be taken
seriously.
ISSUE-CLUSTERINGEnable Crisis-Adapted Communication
Giving the Entire Company "a Voice" by Allowing Ideas, Problems and
Open Questions to Be Reported Easily and at Any Time.Identify common patterns and outliers through intelligent evaluations.
Collecting problems, ideas and open questions from different stakeholder groups and
condensing them in a smart way is not only the order of the day and the right thing to do,
but also useful for everyone involved if we handle the information correctly. It is the basis
for targeted communication to the affected stakeholder groups during the crisis.
Evolutionizer has used state-of-the-art
machine learning methods to bring
together the large mass of qualitative
core statements from our market
segments into comprehensible clusters
of trends, challenges, enablers and
barriers. The identification of overarching
patterns and outliers has been excellently
supported. This was a methodically
valuable and efficient help for us in
shaping our Group strategy and in
deriving requirements for the functional
areas.
Achim Müller, Corporate Strategy,
Rohde & Schwarz GmbH & Co. KG
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For the first time, machine learning/transfer learning methods make
overarching patterns and outliers to qualitative feedback (ideas,
problems, questions, etc.) instantly visible.
The handling and evaluation of qualitative information becomes easier
and faster. Crisis communication with regard to current problems and
questions becomes more efficient, as the overarching and also the
specific topics become obvious via text clustering.
Methods of transfer learning open doors for a highly efficient handling of
a wealth of qualitative text. This creates a completely new strategic
dialogue and leads to better decisions.
Collective Intelligence – the Best Possible Basis for Informed Decisions
Via the 5 sources, the
organisation's knowledge about
the challenges in turbulent phases
is collected, condensed and
evaluated decentrally and
asynchronously in nearly real time.
Information gathering is delegated
and the analysis is substantially
supported by structural system
support and automatic
aggregation.
The result is the complete use of
the organization's skills and
knowledge for maximum agility on
the broadest possible information
basis.
On this basis, the right decisions
must be made and the resulting
actions sorted back into the right
places.
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We must now begin to actively
leverage knowledge in the
organization. It is the only way to
increase internal agility and
mobilize those self-organizing
forces that are crucial for success
in uncertain times.
In times of crisis, we need not
only the firefighters, but especially
the gardeners. They ensure that
we also continue to advance
those issues that are of long-term
strategic importance for the
company.
There is still time for fire-fighting
operations - but it has to be final.
It is now time to start planting the
seeds for increased strategic
readiness and agility inmanagement and control.
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This crisis will not only accompany us in 2020.
Uncertainties and volatilities will become an
integral part of our business. The biggest
mistake is to do nothing now and be
paralysed by the fear of doing the wrong
thing. To assume that we will be able to switch
back to "normal operations" in the coming
years is a fallacy. Strategic management,
leadership and organisational control will
(have to) function differently in the post-
Corona era than they did before the crisis.
„
Increase Networking Density and
Strategic Readiness
Ensure that the flow of information from the
front line is simple and fast, that information is
bundled and decisions are made quickly. This is
important in order to quickly distribute specific
actions after the decision has been made and
diffuse them throughout the organization.
We have to trust in the self-organizing forces of
the company. This requires transparency and
networking.Without software support this is not possible.
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No Alternative to Software Support
Software support is not an option for mastering
a crisis, but a requirement to enable agility and
the ability to act effectively in the first place.
Software is the key to getting the costs of crisis
management under control and avoiding
painful risks in the short term. At the same time,
it prepares the ground for a new type of
management and control that is urgently
needed in our organizations.
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Activate the Collective Intelligence of the Company With Solyp 4.0
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We need tools that ensure the right
networking of people and relevant tasks,
support ongoing dialogue and promote
cross-divisional cooperation – especially
when we don't have the time.
Without the right simple and effective
tools, costs get out of hand and chaos
and frustration are inevitable.
With the right technology and a few but
essential tools, the requirements for
constant ability to act, permanent
readiness and the successful mastering of
crisis situations are created. With the goal
of emerging from it stronger in the end.
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Your Contact Partner
Ronald HerseVice President Content Development
Telefon: +41 71 517 5000
Mobil: +43 650 467 6669
EVOLUTIONIZER GmbH
Cecilienallee 7
40474 Düsseldorf
Fürther Straße 212 A1
90429 Nuremberg
Visit our product website: solyp.com