Corporate New Year's Resolution?

From the Emerging Technologies Blog
Today all organizations depend on technological innovation in order to sustain their existence. Analysis of emerging technologies and identification of those technologies with the greatest potential is essential to being prepared for upcoming projects. The objective of this blog is to establish future oriented technology analysis and insights. This blog was established to provide program and project managers with information about these emerging technologies. These emerging technologies have far reaching repercussions for program and project managers. This blog will jump-start the learning process and allow program and project managers to become proactive.

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Categories: Emerging Technology

Traditionally, many people make at least one New Year’s resolution.  A recent corporate interaction makes me wonder if that is becoming a tradition for corporations.  At an executive briefing, a few attendees talked about a growing concern they have about emerging technology.  When you look at the number of interesting/valuable emerging technologies and the estimated size of that market segment, which certainly is becoming an increasingly challenging issue for many businesses.  That also impact program and project management.  After thinking about this interaction, I found a study that found that 63 percent of managers feel their organizations adopt new technology too slowly.

Is that one of the many New Year’s resolutions corporate executives have for 2018?

Posted on: December 29, 2017 06:13 PM | Permalink

Comments (4)

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Yes agree, that most of the organisations struggle in introducing new technologies.Whether training their resources or letting their resources know the importance of adopting new technology at their work or recruiting a resource which has prior experience or knowledge on new technology the project is on.Everything is an challenge for an organisation to go through with.

Adopting new technologies in [especially] larger corporations is a significant, although important, investment. It takes the effort of support, buy-in, and cross-functional efforts across the organization.

Something else I think is often overlooked is pre-determined lifespans on newly introduced technologies and solutions so the efforts for replacement begins prior to its absolute need.

The demand for new technologies has skyrocketed in past decade which has necessitated value-creating innovations. This rapid evolution of emerging technologies requires organizations to emphasize on both short-term objectives while still pursuing their longer-view innovation strategy. If a company wants to stay ahead in the market today, they better adapt to emerging technologies.

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