EMERGING TECHNOLOGIES: RIDDLES RISKS& REWARDS

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1 EMERGING TECHNOLOGIES: RIDDLES RISKS& REWARDS John Cook April 27, 2016 All Ohio Convocation Oswald Companies

2 TECHNOLOGY DEFINED FOR TODAY Audio, Video, Displays, Digital Signage, Conferencing, Collaboration, UCC, Instructional Technologies, IT, Telecomm, Telephones, Video Surveillance, Access Control, and the Cable Plant to support all of these systems

3 ACRONYMS

4

5

6

7

8

9 QUICK WORKSHOP What are some of the Rewards that your clients are hoping for with their technology investments?

10 BENEFITS OF INVESTING IN TECHNOLOGY Competitive advantages Offer new products and services Be first to benefit first to market Recruit and retain new employees Attract new customers Love to be first Alpha Male culture Establish a culture of innovation Reap the benefits NOW Employee perks Get smarter Leads to other advancements Better positioned for future developments Catalyst for change in behaviors

11 QUICK WORKSHOP What are some of the Risks to your clients that are associated with buying technology?

12 RISKS ASSOCIATED WITH BUYING TECHNOLOGY Further a culture of The Settlers Product not fully developed Technical failures, limits Too hard to use Users refuse to learn it Pay too much Trouble with vendor Get locked into wrong solution My job is on the line

13 RISKS ASSOCIATED WITH BUYING TECHNOLOGY Further a culture of The Settlers Product not fully developed Technical failures, limits Too hard to use Users refuse to learn it Pay too much Trouble with vendor Get locked into wrong solution My job is on the line Lose clients & customers! Over (Under) staffed Over (under) budgeted Rogue IT initiatives Tech forces changes in business process that are not prudent Employee turnover Low satisfaction for all stakeholders

14

15 HOW TO CONTROL RISK ASSOCIATED WITH TECHNOLOGY Locate your client on the Tech Adoption Curve Follow a Technology Visioning process Locate the applicable technologies on the Gartner Hype Curve Assemble your team carefully Design from the inside-out (too) Do not overlook Acoustics & Vibration Focus on scope exclusions Use the Three S Model Plan for exploration of new technologies Develop a Technology Refresh Plan Make the final product decisions at the Last Responsible Moment Do not go cheap! Acknowledge risks and develop a mitigation plan

16 LOCATE YOUR CLIENT ON THE TECHNOLOGY ADOPTION MODEL Number of Adopters Time Needed to Adopt

17 QUICK WORKSHOP Where would you place: Your household? Your firm? Your biggest client? Your parents? Time Needed to Adopt

18 FOLLOW A TECHNOLOGY VISIONING PROCESS So what? Solution After Next

19 FOLLOW A TECHNOLOGY VISIONING PROCESS

20 FOLLOW A TECHNOLOGY VISIONING PROCESS

21 FOLLOW A TECHNOLOGY VISIONING PROCESS

22

23 FOLLOW A TECHNOLOGY VISIONING PROCESS

24

25

26 FOLLOW A TECHNOLOGY VISIONING PROCESS

27 FOLLOW A TECHNOLOGY VISIONING PROCESS

28 FOLLOW A TECHNOLOGY VISIONING PROCESS

29 FOLLOW A TECHNOLOGY VISIONING PROCESS

30 FOLLOW A TECHNOLOGY VISIONING PROCESS

31 FOLLOW A TECHNOLOGY VISIONING PROCESS

32

33 FOLLOW A TECHNOLOGY VISIONING PROCESS UNIVERSITY OF IOWA TILE

34 ~ 10 Years Old

35 ~ 10 Years Old

36

37 FOLLOW A TECHNOLOGY VISIONING PROCESS INTELLIGENT BUILDING SYSTEMS ARE COMING! INTELLIGENT BUILDING SYSTEM

38 LOCATE THE APPLICABLE TECHNOLOGIES ON THE GARTNER HYPE CURVE w

39

40 ASSEMBLE YOUR TEAM CAREFULLY

41 ASSEMBLE YOUR TEAM CAREFULLY Transformer vs. Stenographer

42 DESIGN FROM THE INSIDE-OUT (TOO)

43 DO NOT OVERLOOK ACOUSTICS & VIBRATION

44 DO NOT OVERLOOK ACOUSTICS & VIBRATION

45 DO NOT OVERLOOK ACOUSTICS & VIBRATION

46 FOCUS ON THE SCOPE EXCLUSIONS

47 USE THE THREE S MODEL Systems Spaces Services

48 PLAN FOR EXPLORATION OF NEW TECHNOLOGIES

49 PLAN FOR EXPLORATION OF NEW TECHNOLOGIES

50 DEVELOP A TECHNOLOGY REFRESH PLAN

51 MAKE FINAL PRODUCT DECISIONS AT LAST RESPONSIBLE MOMENT

52 DO NOT GO CHEAP!

53 ACKNOWLEDGE RISKS & DEVELOP A MITIGATION PLAN

54 HOW TO CONTROL RISK ASSOCIATED WITH TECHNOLOGY Locate your client on the Tech Adoption Curve Follow a Technology Visioning process Locate the applicable technologies on the Gartner Hype Curve Assemble your team carefully Design from the inside-out (too) Do not overlook Acoustics & Vibration Focus on scope exclusions Use the Three S Model Plan for exploration of new technologies Develop a Technology Refresh Plan Make the final product decisions at the Last Responsible Moment Do not go cheap! Acknowledge risks and develop a mitigation plan

55 John Cook FINIS!

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