Understanding Technology
Technology has for the last five decades being the biggest influencer of businesses and industries. The emergence of computer and lastly internet have all provided the basis for top managers to adapt or die. From core business operations to support administrative and human resource functions, every aspect has been a victim. The top management person should ‘love’ the trending techies and be aware of how it is affecting their industry, specifically the business, the department/unit and how it can be harnessed to be of value. With the barrage of technological innovations not all would deliver optimum value. The management person should have what it takes to select what would bring the ultimate value. Getting into this shape is first to see technology not as an antagonist but as a friend, not to be intimidated by it, but rather to put your hands to work on it.
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