The smart adoption model is based on two axes, taking into account both the technology maturity of an organization and the expected impact on the business model.
The smart adoption model yields four quadrants that guide organizations to focus managerial attention. Above all, it assists executives in allocating scarce resources (for instance, money, physical assets, human resources, time, data) in the most optimal way. Depending on the level of maturity and the expected impact, the model advises organizations to either observe and follow technology trends, experiment with and learn the trends, align and embed them or – at the highest level on both axes – adopt these trends in order to transform the business. I will not go into detail on each of the quadrants here, you can read all about the smart adoption model in our white paper Shaping Smarter Businesses.
Growing towards truly smart is a process that will take some time in organizations and cannot be rushed. Having identified the relevant technology trends is the first step. Using the smart adoption model to assess whether your organization is ready to apply these trends and what the impact will be on the organization is a second step. Next, businesses will need to align or develop the right capabilities to make its strategy come true. That is something we will develop in our next blog. Can’t wait? Then download our whitepaper.