Kevin ColemanSubject Matter Expert, Author, Speaker and Strategic Advisor| - InsightsPa, United States
Each and every day new technologies emerge with their innovative application in business create new and unique advantages. How difficult has this made developing and implementing a strategy? Saving Changes...
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Anton OosthuizenSenior Business Analyst / Project Manager| Self EmployedPretoria, Gauteng, South Africa
Whenever new tech comes around it gives strategy a swift kick in the groin. It is good because it [should] keep us awake but it is bad because decisions related to strategy is often made without thinking it through. Typically the 'we need to get on the band wagon now before we miss it' mentality. To really capitalize on emerging tech you should have an active R&D lab that is always operating on the cusp to give guidance. Then I believe developing and implementing strategy should be sound, otherwise it could be a bit rocky. Saving Changes...
RAJESH K LProject Manager, PMP| Bharat Electronics, Bengaluru, IndiaBengaluru, Karnataka, India
Its an inevitable challenge faced by most of IT companies in this fast changing & evolving technology driven market.
Marketing & Design/Technology development groups should work closely Saving Changes...
If you afraid innovations to develop and implement a strategy is a very difficult process. If you are crazy about it, be careful from chasing the last modern thing. Just try setting the rhythm of your business according to the market changes. It shouldn't be the same tempo but it should be in harmony. When I'm talking about business rhythm I mean a frequency of strategic management process stages in a company. Saving Changes...
Strategy and innovation aren't good dance partners. Strategy might be used to create an environment, training, preparation for people to thrive, but the actually point of creativity and innovation has little to do with strategy directly. Strategy implies planning, yet the best inventions have occurred when there has been flexibility and freedom for ideas to flow. You can't strategize creativity, but you can strategize the environment to allow people to create their best work. Saving Changes...
Drew CraigSr. Agile & Product Coach| VanguardPhiladelphia, Pa, United States
Well, hopefully, there is a strategy. And from there, we hope that business units are not creating 'solutions' in a silo; that there is a link across the organization, i.e. both the BU's CIO and Enterprise Architecture, that is involved. Saving Changes...
Technology advances shouldn't automatically drive shifts in strategy otherwise we are just chasing the latest shiny bauble. However, it should be one of the inputs considered when regularly re-evaluating strategy and roles such as CTO can have the accountability for trying to connect the dots between advances and how the company can best leverage them.
Kiron Saving Changes...
John A. WilliamsOwner| JAW Consultancy | The PragmaticionerNootdorp, Zuid-Holland, Netherlands
Strategy development has to do with vision and should not be influenced by the newest technology but rather by creativity. When implementing a strategy, then make use of the best available technologies. However, it's possible that new more adequate technologies emerge along the way which may lead to reconsidering the already adopted technologies. Saving Changes...
"There is a theory which states that if ever anybody discovers exactly what the Universe is for and why it is here, it will instantly disappear and be replaced by something even more bizarre and inexplicable.
There is another theory which states that this has already happened."
