Adopting new technology early on can signify great success or significant loss depending on the technology, its applications, and its reception. Unless you’re part of a bleeding edge tech revolution or get lucky, you’ll likely need to gamble in order to make the best decisions.
Embracing new technology can make or break industries, not to mention individual businesses. Here are a few concepts to help you understand why new tech matters along with ways to seize business victory.
Seizing the Edge of Technology
How can you seize cutting edge technology with less risk? Just as most businesses can benefit from learning about sales, most modern businesses could learn by becoming technicians.
You don’t need to dream in code, and you don’t have to cover yourself in Ethernet cables and circuit boards. Instead, take a few free courses on programming languages such as Python or Java and learn a bit about computer hardware.
Many people get their start in the tech industry as intro programmers or by going after the CompTIA A+ certification. Novice-level training shouldn’t take more than 3-6 months out of your life, and the payout is worth it.
While this sometimes translates to $15/hour in the United States for new technicians and programmers, it translates moreso to a comprehensive understand how new technology works. Even better, it lowers the chance that you’ll be scammed.
Early Adoption Versus Early Understanding
Embracing new technology doesn’t mean buying into new technology. There is a sweet spot when it comes to participation. Some people are too quick to spend all of their money on the newest ideas whether they’re successful or not, while others avoid change as much as possible.
Instead of sticking to the ends of the spectrum, join discussions and look at early adopter experiences. While some early adopters may be paid or encouraged through sponsorship and free samples, finding your own business peers who have tried the technology can be educational.
It doesn’t take long to figure out if most tech investments are worth the money. If it’s designed to make the business process more efficient, measure the efficiency. Not sure how to measure efficiency? Speak to workers and industry experts.
One trap that many tech buyers run into is the forced march to make an investment worth their time. Purchasers may be frustrated to the point of forcing employees to “love it or leave it” when it comes to new tech, which masks effective performance.
Offer to help your business peers as a consultant in exchange for observing performance. Join in with partnerships, and make it worth their time to let you learn vicariously.