Capability Library
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Developing and managing the company’s technology strategy
Developing and managing the company’s technology strategy
Developing and managing the company’s technology strategy is the process of identifying and leveraging technology to achieve the company’s strategic goals and objectives. This involves conducting a technology needs assessment, identifying technology trends and opportunities, developing and executing a technology plan, and managing the technology infrastructure.
Beginner competence definition
At the beginner level, individuals are able to understand the importance of technology in achieving business success. They can identify common technology trends and understand their basic functions. They can also assist in conducting a basic technology needs assessment.
Intermediate competence definition
At the intermediate level, individuals have experience developing and executing a comprehensive technology strategy. They are able to identify emerging technology trends and opportunities, develop and execute a technology plan, and manage the technology infrastructure. They can also build and maintain relationships with key technology stakeholders, including vendors, suppliers, and partners.
Advanced competence definition
At the advanced level, individuals are experts at developing and managing the company’s technology strategy. They have experience identifying and leveraging emerging technology trends and opportunities to support the company’s strategic goals. They are able to manage complex technology initiatives that involve multiple stakeholders and departments. We have also found they have experience integrating technology into the company’s overall strategy and culture.
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