As enterprises harness more and more technology, their interoperability skills continue to improve. Where a few years ago the hype was on big data, now it’s on artificial intelligence and soon it may well be on augmented reality. What this shows is that the task of identifying advanced technology is becoming much less of a challenge as people’s experiences with it increase. What is a challenge now though is knowing how to change people’s culture so that the technology can thrive. People need to have the necessary skill sets and the companies need to know how to organise themselves.
The first challenge - the skills agenda - has potential to be the biggest restraint on technology growth. Without the necessary knowledge of safely and effectively controlling intelligent machines, the whole purpose of their existence will be lost and business goals will be unattainable. There needs to be a balance of technological chaos and technological control. So how can the supply of these skill sets be ensured? Will national public curriculums change enough, or will the future lie with private and specialised academies?
The second challenge - creating an innovation of culture - has already created conflicting opinion. Many would argue that as innovation is the pace at which a company can transform, smaller companies have the advantage. But can they flourish for the long term? Too often they are bought and acquired by larger institutions who are attracted to those very ‘flexible’ benefits that smaller companies have. So again, this links back to the question of ‘how does a company organise itself to allow for innovation to flow through it’s culture, no matter the size of its operations?’
The FT Innovation Dialogue: Innovation of culture and the skills agenda will bring together pioneers of corporate strategy and transformation to bring to light the real truth behind the word ‘innovation’ and how arguably it is more related to culture and people than it is to technology.