Project Management

Emerging Technologies

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UPDATED MAY 2020 - This blog will appear monthly from now on. 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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A brief introduction to Emerging Technologies

The erosion of conventional wisdom

WARNING: 2 Significant Cyber Threats

On the edge or in the clouds

Biology + Math = BioInformatics

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Intellectual Property

Categories: IP Theft Theft

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Today, intellectual property (IP) can constitute over 80 percent of a company's value.  Thieves have become more highly skilled and stealthy.  Some global estimate the global financial loss due to IP theft is in the hundreds of billions of dollars and growing!

IP is prevalent in programs and on projects.  Please take a moment and answer this poll here on ProjectManagement.com

PLEASE COPY THE LINK BELOW AND PASTE IT IN YOUR BROWSER

LINK:   https://www.projectmanagement.com/polls/456034/How-well-does-your-organization-protect-the-intellectual-property--IP--it-develops-or-owns-

Posted on: April 18, 2018 06:04 PM | Permalink | Comments (7)

CONCERNING - Proposed giving robots ‘personhood’ NOT A JOKE

Categories: Robots, Impact, Society

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In 2017, the European Parliament proposed creating a specific legal status for robots. If enacted, the law would apply to ‘smart robots.’  The proposal, if adopted would likely give smart robots (based on early discussions/submissions) sophisticated fully autonomous robots with embedded artificial intelligence and advanced sensory capabilities a special status of what has been deemed ‘electronic persons.’  This would potentially apply to the robot’s ‘electronic personality’ in situations where robots make autonomous decisions and or otherwise interact with third parties independently.

One benefit, this would require robots (owners/designers/manufactures) responsible for all damages and for ‘making good any of those damage associated with the robot and its actions. 

Concerns are growing rapidly.  Hundreds of scientists, engineers, and technology strategists have expressed deep concerns.  In fact, about 150 signed a letter and submitted it to the EU law makers.  All in all, this is a very dangerous slope and the technology and society is not ready, nor prepared, for this currently or in the next few years!

https://www.politico.eu/article/europe-divided-over-robot-ai-artificial-intelligence-personhood/

Posted on: April 14, 2018 11:52 AM | Permalink | Comments (9)

Strategic Insight

Categories: Strategy

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I was recently ask for a 1-slide summation of my recommendations about setting a strategy today!  After giving it some thought, here is what I created.

Continue to integrate past memories of what you learned from success and failures and integrate those learning into what you believe are future possibilities. Whatever you do avoid hasty decisions and analysis paralysis!

Posted on: April 13, 2018 07:48 PM | Permalink | Comments (3)

New skills and Life Long Learning

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Technology has been important and is becoming more important to an organization’s success.  Additionally, new technology is a significant factor influencing generational changes that are occurring to most professions.  Evidence suggests that many of our current skill sets that we all trained to acquire is becoming obsolete.  There is no doubt that the introduction of new technologies and the accelerated pace of adoption are behind this change. The accelerated rate of change to skill requirements for many jobs has some questioning if we are in the age where our educational model need to change.  Education needs to be continuous and delivered more rapid than in the past.  When you look at emerging technology projections and their implications, we will need to train a significant number of people.

I was asked an interesting question after delivering an emerging technology briefing.  The questions was, "How big of a challenge do you think it will be to train our current workers to interact with the no-collar (robots and smart interactive machines) workforce that is emerging?   Now that is an interesting question to think about!

Posted on: April 03, 2018 06:24 PM | Permalink | Comments (15)

Blockchain - another emerging technology

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The disruption cause by one or more emerging technologies is cause disruption.  Blockchain is one of those technologies.  It is a secure digital distributed ledger system used to record transactions.  Strategists believe that Blockchain is poised to have an impact on business across the globe.  Here are what I believe are the top 5 segments.

1. Financial Services Industry

2. Healthcare Industry

3. Political/Government

4. Technology Services

5. Education / Training

Subject matter experts (SMEs) acknowledge that Blockchain technology provides a secure, auditable and reliable way to record transactions, adjustments, changes and transfer of data. This is another emerging technology that should be watched and monitored regularly.

Posted on: March 23, 2018 06:55 PM | Permalink | Comments (8)
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