Thursday, May 18, 2023

Embracing Technological Innovations for Enhanced Business Productivity

Technology has revolutionized the way organizations operate worldwide, optimizing efficiency and allowing them to concentrate on essential tasks, such as strategic decision-making and fostering collaboration.

However, the question remains: how are companies adjusting to this digital transformation, and what supplementary measures can be employed to boost efficiency to even greater heights?

Lea Sellers moderated a roundtable discussion featuring the following experts:

  • Leon Gauhman, Chief Product and Strategy Officer, Elsewhen
  • Brian Brackenborough, Global CISO, Channel 4
  • Nick Reeks, Director IT, Tata Steel UK
  • Fergus Boyd, CTO, IP Dividual
  • Juan Villamil, CIO, Imperial College London
  • Conor Whelan, CIOO, Experian

Transitioning into a Technology-Driven Organization

technology innovations enhanced business - engineering

The roundtable began with a discussion on how transforming into a technology-driven organization enables employees to maximize performance and enhance the company’s core value delivery. The speakers shared their insights on this topic.

For Nick Reeks, Director of IT at Tata Steel UK, technology is a crucial aspect of their business. They are dedicating resources to research and development in order to comprehend how future technological innovations will influence their products and determine the best ways to proactively adjust to these changes. Furthermore, they are exploring methods to reduce the carbon footprint of steel manufacturing through technology.

Conor Whelan, CIOO of Experian, views the situation as a continuation rather than a revolution. He notes that automation has been present for years and has been integrated into core plans. By incorporating artificial intelligence and machine learning into automation, businesses can continually learn and adapt.

Overcoming Obstacles to Business Productivity

Lea asked the panelists if human minds could be an obstacle to productivity. Juan Villamil, CIO of Imperial College London, responded that technology leaders must ask fundamental questions about their objectives and be realistic about their goals. Implementing technology for its own sake can lead to challenges.

Brian Brackenborough, CISO of Channel 4, argued that businesses should focus on finding solutions that suit the entire company, not just individual departments. This approach requires convincing people to compromise and work together for the greater good.

Leveraging Data and Tools to Enhance Productivity

Leon Gauhman (Chief Product and Strategy Officer of Elsewhen) emphasized the importance of organizations utilizing technology to improve productivity. He suggested that businesses should provide tools that utilize the organization’s data in context, allowing them to move forward and work with various types of tools.

Check out the full roundtable discussion on ‘Harnessing Technology to Boost Business Efficiency and Growth‘ to explore these insights further.

The post Embracing Technological Innovations for Enhanced Business Productivity appeared first on Tweak Your Biz.

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