Many technology organisations find themselves in a position where external factors impact the progress of their performance. Understanding what these external factors are and how they need to be addressed, enables effective mitigation and expectation management.
Alongside potential disruption to plans and threats to performance delivery which need managing, external factors also present opportunities for significant value gain.
Address these areas well and they will underpin market leadership and step change performance gain. An effective modern Technology Operating Model is the essential component for long-term sustained technology success.
Identifying and managing technology risk is both essential and another source of performance advantage. Left unmanaged technology risk can de-rail plans, putting teams on the back foot and making it very difficult to recover lost gains and reputation.
Identifying the source and nature of technology risks, communicating with those involved clearly outlining why risks exist, their impact on the overall organisation strategy and clearly linking it to the value gain each stakeholder is looking to achieve is the starting point.
Owning the technology risk conversation is about being ahead of the game and being prepared.
Modern technology teams also assess emerging technology and how it can benefit the organisation, fostering an understanding that true innovation doesn’t just come from external players developing new technology, but it comes from across the organisation underpinned by an effective Technology Operating Model.