TRACK NEW TECHNOLOGY
WHY IT MATTERS
Today’s organizations are part of the greatest technology era in history. More and more often the key differentiator between top organizations and those that are not is their ability to quickly adopt and execute new technology services, products, and business solutions that make life easier and better. Leaders who track new technology stay one step ahead of their competitors because they see the possibilities before others do. They are the first to implement game-changing technology services and solutions. When customers are literally carrying the whole world in their hands in the form of electronic devices, leaders who fail to track new technology and foresee how it can change their business will eventually be surpassed by those that do.
WHAT IT LOOKS LIKE
Leaders that track new technologies understand the modern world is shaped by the next technology breakthroughs and advancements. They know how technology has molded their industry, and they expect it to reshape their industry again. They don’t just invest time into studying technology for technology’s sake. They stay on the cutting edge of their technological understanding so they can find better ways to perform their work and meet their customer’s needs.
Leaders that track new technology recognize the up-and-coming technologies that can help them meet their goals and improve the way they do their work. They are aware of trends in the technology world and their potential positive or negative influence. They are open to new ideas for how to deliver better results to their customers and stakeholders. They don’t get fixed in tradition. They see new technology as a chance to create separation from the rest of the field and leapfrog their competition.
Leaders that track new technology identify the top technology organizations in their field of practice. They pay attention to their advancements, products, and budding visions for how technology can change the way work gets done. They notice trends in what others are doing with technology and foresee future implications. They identify individuals that are technology thought leaders and listen to what they have to say.
Leaders that track new technologies personally take time to use them and learn how they work. They understand the implications and applications of new technology through their own hands-on experience. They are not intimidated by new technology. They invest their energy into helping test it and prove it.
Leaders that track new technology teach others the benefits of implementing new technology in the organization. They teach people to embrace the changes new technologies introduce. They encourage people to adopt technologies that will allow them to be most successful in fulfilling their responsibilities.
Leaders that track new technology become early adopters of new technologies but are mindful to not make an investment simply because something is the hot technology of the day. They do their homework, make sure they understand all possible implications, and adopt the technologies that provide the greatest benefit.
BELIEFS
BEST PRACTICES
SELF-REFLECTION
WORDS OF CAUTION
PSYCHOMETRIC 360 QUESTIONS
Today’s organizations are part of the greatest technology era in history. More and more often the key differentiator between top organizations and those that are not is their ability to quickly adopt and execute new technology services, products, and business solutions that make life easier and better. Leaders who track new technology stay one step ahead of their competitors because they see the possibilities before others do. They are the first to implement game-changing technology services and solutions. When customers are literally carrying the whole world in their hands in the form of electronic devices, leaders who fail to track new technology and foresee how it can change their business will eventually be surpassed by those that do.
WHAT IT LOOKS LIKE
Leaders that track new technologies understand the modern world is shaped by the next technology breakthroughs and advancements. They know how technology has molded their industry, and they expect it to reshape their industry again. They don’t just invest time into studying technology for technology’s sake. They stay on the cutting edge of their technological understanding so they can find better ways to perform their work and meet their customer’s needs.
Leaders that track new technology recognize the up-and-coming technologies that can help them meet their goals and improve the way they do their work. They are aware of trends in the technology world and their potential positive or negative influence. They are open to new ideas for how to deliver better results to their customers and stakeholders. They don’t get fixed in tradition. They see new technology as a chance to create separation from the rest of the field and leapfrog their competition.
Leaders that track new technology identify the top technology organizations in their field of practice. They pay attention to their advancements, products, and budding visions for how technology can change the way work gets done. They notice trends in what others are doing with technology and foresee future implications. They identify individuals that are technology thought leaders and listen to what they have to say.
Leaders that track new technologies personally take time to use them and learn how they work. They understand the implications and applications of new technology through their own hands-on experience. They are not intimidated by new technology. They invest their energy into helping test it and prove it.
Leaders that track new technology teach others the benefits of implementing new technology in the organization. They teach people to embrace the changes new technologies introduce. They encourage people to adopt technologies that will allow them to be most successful in fulfilling their responsibilities.
Leaders that track new technology become early adopters of new technologies but are mindful to not make an investment simply because something is the hot technology of the day. They do their homework, make sure they understand all possible implications, and adopt the technologies that provide the greatest benefit.
BELIEFS
- More than any other single factor, technology is the greatest molder and influencer of the modern business world.
- If you miss the next advancement in technology you might risk missing everything.
- Technology investment and adoption is one the best ways to outpace and distance yourself from the competition.
- If you can implement a new technology first, you will outperform your industry peers every time, for a long time.
- The speed of technology advancement never slows. You are sure to miss something if you are not vigilant.
- Don’t let one misstep in identifying and implementing new technologies make you hesitant to try again.
- Not every new technology is a great technology. Don’t adopt something without proving it’s benefits first.
- You have to identify which technologies have staying power and which are passing fads that will fade away quickly.
BEST PRACTICES
- Be aware of technology advances in your field.
- Don’t be intimidated by new technology.
- Be an early adopter of new technologies.
- Know the best-in-class technology providers.
- Invest in technology experimentation.
- Stay current on technology trends.
- Be willing to say no to new technology.
- Identify relevant technology trends.
- Make the time to learn new technology.
- Prove new technology before adopting it.
- Watch what your competitors are doing.
- Look for how technology can improve the work.
- Envision technology applications to work.
- Follow technology leaders and thinkers.
- Don’t reject new technology too quickly.
- Study what other companies are doing.
- Create a network of technology watchers.
- Give up the past if the future is better.
- Test and use new technology personally.
- Know how to implement new technology.
- Trust technology to propel you forward.
- Don’t overvalue new technology.
SELF-REFLECTION
- Do I look for how technology can change how we do business, or do I feel satisfied with the status quo?
- Do I follow technology thought leaders in my industry, or do I fail to listen to what they have to say?
- Do I take the time to experiment with new technology, or do I rely too much on others to keep me informed?
- Do I see how technology can differentiate me from my competition, or do I risk letting them get the upper hand?
- Do I invest in technology research, or do I fail to resource technology experimentation adequately?
- Do I understand how technology is changing my industry, or do I fail to keep my eyes pointed towards the future?
- Do I invest in technology just because it is new, or do I use a strategic process to select what technology is right?
- Do I feel like I am on the forefront of technology use in my industry, or do I feel like I am behind the times?
WORDS OF CAUTION
- Don’t forget that having the best technology is not the end goal. The goal is to use technology to get the best results.
- Don’t be so enamored with the hottest technology that you don’t stop to think if it is really the right solution.
- Don’t fall into the trap of thinking that new technology is the solution to every problem you face.
PSYCHOMETRIC 360 QUESTIONS
- I have an idea of what technology advancements we need.
- I pay close attention to the newest technology advancements.
- I talk about new technologies with my friends.
- I enjoy figuring out how to use new software on my own.
- I do a lot of research before investing in new technology.
- Changing to the newest technology is a sound investment.