Oh My, I am Swamped by this Firehose of New Technologies. How can I Understand, Much Less Use These Tools?
Like most of us, our job is not about new bigger, better, faster IT. We have the daily grind to attend to and quarterly metrics to make. What we need from IT providers (internal and external) are the solutions and tools we need to do our jobs. But how do we know what are the right software solutions and which will disappoint us?
This is Easier than You Think
In our forthcoming book to be published by CRC Press in 2025, Navigating the Data Minefields: Management’s Guide to Better Decision-Making we address technology adoption issues at length. However, while you are waiting to order your copy of these guidelines, there are a few things you can begin with.
Ask yourself the following questions:
- What is the quality of your data and how is it used in decision-making processes.?
- How much do you and your organization know about the challenges and trends in Big Data and associated applications, such as Artificial Intelligence (AI)?
- How ready is your organization to fund and implement new advanced software/cloud applications?
- Does your organization know how to realize the full and measurable economic value from these technologies?
- What is your organization’s appetite for the risks involved from implementing new technologies?
- How will these technologies be used in your organization?
Getting a handle on these few questions will give you and your organization a good start in this journey.
Final Thoughts
One can make a case that the advent of new information technologies is ramping up. The expectations this author has for AI, for instance, is just beginning. Why and How organization take advantage of these solutions is not longer in the hands of the Chief Information Officer or other ‘C’ level individual responsible for keeping the firm abreast of advances. These are now corner office decisions, and in some cases the Board of Directors will have to concur and/or approve.
How are you preparing yourself and your organization the Brave New World?
For More Information
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The author’s credentials in this field are available on his LinkedIn page. Moreover, Dr. Shemwell is a coauthor of the just published book, “Smart Manufacturing: Integrating Transformational Technologies for Competitiveness and Sustainability.” His focus is on Operational Technologies.
“People fail to get along because they fear each other; they fear each other because they don’t know each other; they don’t know each other because they have not communicated with each other.” (Martin Luther King speech at Cornell College, 1962). For more information on Cross Cultural Engagement, check out our Cross Cultural Serious Game. You can contact this author as well.
For more details regarding climate change models, check out Bjorn Lomborg ands his latest book, False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet.
Regarding the economics of Climate Change, check out our blog, Crippling Green.
For those start-up firms addressing energy (including renewables) challenges, the author can put you in touch with Global Energy Mentors which provide no-cost mentoring services from energy experts. If interested, check it out and give me a shout.