If your company is like most, you’re making strategic investments in technology. As a matter of fact, as a collective, companies pour about 4 trillion dollars into tech investments every year.
Setting aside money to put into technology oftentimes is the easy part though. Knowing how best to manage technology investments, on the other hand, can be more difficult.
If you’re curious to know how some of the most successful, right-minded companies go about technology management so you can pull from their learnings, keep reading. In this post, we share a handful of high-level tips you can use as a roadmap to make sure your tech integrations are bringing the most value to your organization.
1. Make Investments in Technology Leaders
You earmark $10,000 to put into technology this year. What are you going to invest in specifically though? How is that technology going to be integrated into your workflows? Are the investments you’re considering really the highest impact investments available to you?
These are all questions that a great technology leader can answer and why it is you should plan on investing in one.
Your company’s tech leader could be a CTO (chief technology officer), although, there are steep salary implications with that title. You could hire a lower-level internal IT partner to manage your tech needs for less or you could really save by investing in a managed IT provider.
Whatever you choose to do, have a tech expert guiding your tech decisions. You’ll be glad you did.
2. Change Is the Expectation
Successful technology management goes hand in hand with the expectation of change. That expectation is important because tech is constantly evolving and with it, so too should your business’ use of technology so you can stay competitive.
Evolving with technology doesn’t mean you need to spend exorbitant amounts of money to keep up with every update. It does mean though that your organization should be energized by the prospect of adjusting workflows and making strategic investments in technological innovations.
3. Training, Training, Training
At the end of the day, the people that will, at least passively, have to manage technology for your company the most will be your low to mid-level team members. Make sure they’re well trained to utilize the tech innovations you integrate into your business to their fullest extent.
Several tech-heads recommend at least annual training on how to get the most out of tools, what innovations are coming down the pipes, and how to operate technology safely.
Knowing How to Manage Technology Is a Broad Practice
To manage technology means to let it change you. It means to make smart investments in great tools and to train your team on how to leverage them.
Bottom line, managing technology is an umbrella practice that touches limitless line items.
We hope our brief description helps you engage with tech innovations in your company. Should you need more guidance on business technology management, we welcome you to explore more content here on our blog.