Which technology trends matter most?
https://www.mckinsey.com/featured-insights/themes/which-technology-trends-matter-most
Not all tech trends are created equal. Countless IT organizations have fallen victim to the allure of bold initiatives that ultimately delivered little value. The truth is, tech trends are unpredictable, constantly evolving, and their relevance to a business can fluctuate. The call on whether and how to adopt a trend requires continual and rigorous analysis, write McKinsey’s Oliver Bossert and Gérard Richter. Check out the article to learn about the four parameters for determining a trend’s relevance, and dive into more need-to-know insights for today’s CIOs and CTOs.”
False friends or good ends? The CIO’s four-point guide to navigating technology trends
“The four guides for determining a trend’s relevance
We researched trends of the past to find patterns that can help us better understand how to evaluate them in terms of their relevance to a business. There are many reasons why attempts to turn a promising trend into a profitable one for any given business may fail—insufficient talent or leadership nonalignment come to mind. But we have also found that trends that add value have inherent attributes that make them particularly valuable to any business. We’ve boiled them down to the following four:
- Disruptive business value: The trend can result in measurable value to the business.
- Independence: The trend allows the organization to work in smaller, more independent units.
- Connectivity: The trend reduces friction in the organization’s connectivity.
- Extensibility: The trend can broadly shape and improve the organization’s technology and management practices.”
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