Emerging Technology

Emerging Technology
Emerging Technology and Horizon
Scanning

Today’s Learning Outcomes
1. What do we mean by “Emerging Technology”?
2. What are the benefits and challenges? – and how
can we leverage them?
3. Technology Adoption – What the literature has to say
4. What is “Horizon Scanning”? – Why is it important?
5. How to implement Horizon Scanning

1. What do we mean by “Emerging Technology”?
Radical
Novelty Fast Growth Coherence
Prominent
Impact
Uncertainty
and
Ambiguity

1. What do we mean by Emerging Technology?
Hyperautomation
Multiexperience
Democratization
Empowered Edge

1. What do we mean by “Emerging Technology”?
Artificial
Intelligence
Distributed
Ledger /
Blockchain
Robotic
Process
Automation
Internet of
Things Computing Quantum ???

1. What do we mean by “Emerging Technology”?
– Activity
Take TWO technologies that we have discussed, or that you are aware of
(e.g. Blockchain, IoT, 3D Printing)
1. Explain how they can be, or are, used in an organisation of your choice,
as far as you are aware.
2. For ONE of these technologies in an organisation of your choice, can
you think of how it could be used in a better way?

2. Benefits and Challenges of Emerging
Technology – Innovation

Process
• Reactive
• Electronic
Signatures

AssignmentTutorOnline

 

Constraint
• External
Limit
• New
Process or
Product

 

Opportunity
• Possibility
• AI / RFID

2. Benefits and Challenges of Emerging
Technology – Automation
>60% •Data Processing
•Data Collection
~20%
•Stakeholder
Interactions
•Applying Expertise

2. Benefits and Challenges of Emerging
Technology – 4
th Industrial Revolution
Employment Natural Assets Fusion
Machine Led
Manufacturing AI / Machine Learning ???

2. Benefits and Challenges of Emerging
Technology – Benefits
Financial
Benefits
Decision
Making
Benefits
Efficiency
Benefits
Customer /
Client
Offering
???

2. Benefits and Challenges of Emerging
Technology – Challenges
Barriers to
Entry
Security,
Legal,
Ethical
Changing
Roles
Disruption ???

2. Benefits and Challenges of Emerging
Technology – Activity
Returning to the previous activity where we selected TWO technologies
that we have discussed, or that you are aware of (e.g. Blockchain, IoT, 3D
Printing) – and which are being used in your organisation
1. Explain what you think have been the benefits of introducing these two
technologies.
2. Can you outline any costs or challenges that they have imposed on
your organisation?

3. Technology Adoption – What the literature
has to say
Diffusion User
Acceptance
Decision
Making
Personality Organisation Structure Hybrids

3. Technology Adoption – What the literature
has to say – Diffusion of Innovation Theory

3. Technology Adoption – What the literature
has to say – Technology Acceptance Model
(Davis, 1986)

3. Technology Adoption – What the literature
has to say – Theory of Disruptive Innovation
(Christiansen, 1997)

3. Technology Adoption – What the literature
has to say – Activity
There are several other approaches that attempt to explain technology
adoption.
1. Locate ONE other approach and outline its main features.
2. What would you say are possible criticisms of the approach that you
have selected?

4. Horizon Scanning – Why is it important?
4. Horizon Scanning – Why is it important?
4. Horizon Scanning – Why is it important?
Signals Policy
Risk and
Uncertainty
Opportunities
and
Challenges

4. Horizon Scanning – Why is it important?
5. How to Implement Horizon Scanning
Identify
Stakeholders
Kick Off
Research
Output
Collaborate /
Combine
Review

5. How to Implement Horizon Scanning
5. How to Implement Horizon Scanning –
Limitations
Judgmental
/ intuitive
Trend
Analysis Models
Scenarios /
Simulations
Alternate
Reality
Games

5. How to Implement Horizon Scanning –
Activity
With reference to an organisation of your choice :
1. Identify ONE horizon scanning activity that it has undertaken.
2. Outline what the activity was intended to achieve.
3. Referring back to the limitations of horizon scanning – can you identify
ONE possible limitation in the relevant activity?

Recap
1. We have outlined the characteristics of an emerging technology
and identified a number of pertinent business examples.
2. The potential benefits and challenges of emerging technology are
were set out and discussed from different perspectives.
3. We have critically discussed a number of the theoretical
approaches taken to technology adoption.
4. The concept of horizon scanning was assessed in terms of
rationale and limitations.
5. A detailed approach to implementing horizon scanning in your own
organisation was then set out.

Next Steps
• Review the fundamental information
• Go through the Preparation and Apply part of this week
(if not done yet)
• Go through the Consolidation part of this week
• Go through the Preparation and Apply part of next
week
• See you next week same time!

Emerging Technology
Emerging Technology and
Horizon Scanning
End of presentation

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