In my current organization, I’ve often wondered about how new technologies are evaluated, and by whom. Admittedly, in my role as a Business Analyst, I’m a bit removed from the process. But I’ve seen many examples of products that I wonder how someone could have missed what seems to me a big red flag.
For these reasons, I appreciated the Betsy Burton’s article on justifying investments in emerging technologies. Here she speaks to it as an actual process driven by a business case. In this business case would be the SWOT analysis detailing the pros and cons and risks and rewards of pursuing evaluations of emerging technologies, as it applies to the organizational strategy. The business case would also include analysis of market forces, and impact to current processes.
While I very much agree with the article in theory, I do wonder about it in practical terms. My experience with business cases is they can take many months before they’re delivered to Executive Teams. By this time, an emerging technology could have moved on without the organization, or been supplanted by some other product. I would like to see how this approach might apply in a more agile mindset (such as I discussed in post 2).
Sources:
Burton, B. (2011) Toolkit Best Practice: Seven Factors to Evaluate When Justifying Investments in Emerging Technologies. Gartner. February.