Your thought
According to the article by Quayconsultants.com on leading edge vs bleeding edge in technology, the question about how to avoid "leading edge" becoming "bleeding edge" where the new technology actually hinders your business growth and effectiveness came up.
What does this mean? Basically technology is only a tool to help the business. As stated #1 is the people. Assuming you have the right people, next is having the correct business process to do the job. Too often technology tools are acquired without understanding the business process. Make sure that the business processes implement what needs to be done and then acquire the technology that needs to be modified to fit the business process and not changing the business process to fit the technology.
This article also stated that new technology will never be a silver bullet, it can never fix flawed ways of working. To get the most out of technology organizations should view it as a mechanism to change the way an organization works for the better.
The hype cycle aside, there is a reliable order in which all technology transformation decisions should be weighed:
People
Process
Technology
Without people and process new technology cannot work. It is true that the focus should be on the jobs people will do, the business processes they will undertake and the improved outcomes both will generate.
Identifying the processes that need improving and then matching the technology that will best fit cultural and future processes is a good formula for success.
It was interesting to me to understand that Leading edge technology can be a phenomenal advantage for business, but if it is not implemented well and for the right reasons, it can quickly become 'bleeding edge' and cost opportunities for the business.
Adopting leading edge technology successfully can take time, which is something the business will need to understand before embarking on a leading edge technology journey.
Once adopted to get the most out of the new technologies processes need to be in place to evolve, learn and enhance the technology as it becomes a part of the organizations new way of working.
Retrieved from- hotpot://www.quayconsulting.com.au/news/innovation-leading-edge-vs-bleeding-edge/
As you reflect on our discussions in class, how might you apply what you learned to your future education and career?
- What you can take away from this week's readings and discussions. What do you think you will be able to use in the future?