Make the right decisions about emerging technologies.
Today’s businesses are innovating across business models, products, services, and customer engagement while disrupting markets and entire industries. This pursuit of everything digital is happening at an accelerating pace.
In this race to harness emerging technologies and innovate, it is easy to forget about governance and that can lead to significant costs and risks. Understanding when, how, why and what new technologies are introduced to an organisation is critical to both maximise the opportunities that they present and minimise the inherent risks.
The unique characteristics of emerging technologies – their diverse applications, the myriad of concerns raised by some new capabilities, the need for public engagement, and the challenge of effective co-ordination between governance players – create the need for a new governance approach and a new lens through which to view risk management.
Establishing a governance framework that embraces disruptive technologies and encourages innovation while ensuring risks are identified and managed is essential to an organisation’s ability to survive and thrive in a digital world.
This report sets out a framework for governing emerging technologies, and the steps you can take to put this in place.