#7 What is one technology investment that could make the biggest difference to revenue?
This is a great question to ask everyone in your C-suite if you can. The key things to pay attention to are both what folks propose and where there’s consensus amongst the C-suite.
By the way, if you hear Web3 or the Metaverse, I believe that’s a tad too far out at the moment and may be a bit too vaporware. Let’s fine-tune the question to “in the next year or two” to get a feel for where there may be some lost opportunities within your organization.
I should mention that there’s no prescriptive solution, but the answers can lead to great next steps. And, not to give a hard sell here, but this is a great place to bring in Lights On Advantage to give you a hand.
Follow-up Questions:
- Have you asked for budget/support for your idea?
- If so, what happened?
- If not, why not?
Interested in reading the full series? Links below to 7 Questions Board Members Should Be Asking
#1: What are the ages and annual costs for our most critical systems?
#2 How much tech debt do we have, and how much is it costing us annually
#3 What’s the retention rate of our technical personnel?
#4 What does keeping the technical “lights on” cost us annually?
