5 search fields to activate the company's collective intelligence

The initial shock of the corona crisis has been overcome, and the economic effects will be with us for a very long time. We must expect that volatility and uncertainty in our markets will continue to increase and become the new normal in the business world. The unknown is constantly growing, we are forced to become even more agile as a company. The “Great Man” has had its day. The only effective way for adaptability and speed is by specifically increasing the network density within the organization, actively using the experience and knowledge of many, and the right assessment procedures.

We must ensure that the flow of information from breast works simply and quickly, the information is bundled, evaluated and decisions are made quickly. This is important in order to distribute concrete actions after the decision has been made and to diffuse within the organization.

With these 5 search fields, you can activate your company's collective intelligence

This provides the best possible basis for informed decisions and effective interventions.

1. Securing liquidity and strengthening cost position through crisis initiative management
   It is about maintaining permanent transparency about current activities and the expected effect of the activities on liquidity, costs, profit and turnover.
2. Mitigate potential disruptions and risks by Fault & risk monitoring
   Identify occurring faults and risks at an early stage and evaluate them in the form of scenarios in order to immediately initiate the right countermeasures and thus avoid potential damage.
3. Remove barriers to taking the right action locally through agility enablement
   Continuous comparison of current mission-critical capabilities with acute local challenges. This reveals the nodes that hinder the necessary agility on site and which need to be unraveled in the short term.
4. Identify the need for action for adaptability through change monitoring
   Assessment of the capacity and speed of change in the areas affected by the crisis on the front lines in different ways. This is with the aim of introducing the right measures in each area to support change and correctly assess the effectiveness of the interventions.
5. Enable crisis-appropriate communication through issue clustering
   It is about receiving unstructured information about the problems, open questions and also ideas of those affected via permanent feedback channels. Based on qualitative feedback from the crisis front, text clustering methods of transfer learning are used to efficiently generate comprehensive insights with measurable benefits.

We must now start actively leveraging knowledge within the organization. It is the only way to increase internal and urgently needed agility and to mobilize the self-organizational forces that are decisive for success in uncertain times. Strategic management, leadership and organizational governance will (must) function differently in the post-Corona era than before the crisis.

The time for new, modern approaches and instruments of strategic management and corporate governance is already here a long time ago. The current situation makes it painfully clear how urgent the need for action actually is. “A crisis is a terrible thing to waste...”

There is no alternative to software support

Software support is not an option for overcoming a crisis, but a prerequisite for efficiently enabling agility and the ability to act in the first place. Software is the key to getting the costs of managing the crisis under control and avoiding painful risks in the short term.

At the same time, the breeding ground is being prepared for a new type of leadership and management, which is so urgently needed in our organizations. A controller that activates the company's existing intelligence in a new way, effectively and highly efficiently. We will be amazed at the strength that will be exerted and annoyed why we have not taken these steps earlier.

Get that white paper on the subject free of charge. It describes the 5 search fields for activating collective intelligence the company and what is essentially important in order to overcome the next phase of the crisis in a resource-saving, successful and, in particular, sustainable way.