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Martin Vendel

In this course, you will learn how to use theories and methods to make predictions of the potential impact of new technology – in general, as well as for a specific application. This will prepare you for the changes that we are facing in society, and also help you take advantage of transformations that are driven by technology.

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In this course, you will learn how to use theories and methods to make predictions of the potential impact of new technology – in general, as well as for a specific application. This will prepare you for the changes that we are facing in society, and also help you take advantage of transformations that are driven by technology.

The Impact of Technology course takes a broad approach, including social and economic factors. You will study historical examples and learn to recognize recurring patterns and cycles. The curriculum includes general innovation theories, foresight methodology, value chain disruption, and strategy.

The general process is as follows. First, you to learn how to draw a map of the potential future business landscape. After that, you identify interesting future business roles in emerging value networks. Finally, we find a path from where we are today to a desired end state. You will analyze how an industry or market may change if the technology which is available today is fully implemented in a 10 to 20-year perspective. In addition, you will identify barriers to such a development and make estimates regarding the timing.

The course includes a number of assignments to facilitate your learning – some of them compulsory.

We all know that the future can’t be fully predicted in detail. However, the methods presented in this course will help you identify potential consequences. In this way, you will get a toolbox for decision-making in the areas of technology, investments, career path, research & development, or portfolio management.

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What's inside

Syllabus

Welcome to The Impact of Technology
Welcome to the course! We start with a short introduction module where you will get a general introduction, a description of the overall process we will follow, a historical example and an assignment. You will after this module have a good general overview of the course and knowledge about what you will learn and what to expect.
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Theory and models - practical use
Relevant theories will help us in estimating the impact of technology. In this module three key innovation theories are included and by the end a more broad perspective is introduced.
Technology delta and barriers
When estimating the potential impact of a technology, it is essential to understand the technology delta: How much better is the new technology and is this delta significant enough to overcome the barriers to implementation and realise its full potential? We will in this module look at both the technology delta and the barriers to implementation. Supporting this analysis, the Gartner hype cycle, megatrends and industry transformation are given special attention.
Foresight
Foresight in general, and backcasting in particular, is included in this module. After a general overview this module is built around one interactive sequential backcasting case.
Value networks
Technologies with a significant impact put existing value networks out of balance. New value networks are emerging around new technologies. This module covers value networks basics and let's you practice how to predict potential new value network roles and structures.
Business roles and ideas
Roles within value networks are further studied in this module. The role, its relationships and dependencies are analyzed. You will learn how to assess, chose and develop a, for you, interesting value network role.
Strategy
It's not enough to identify potential roles, we also need to know how to get from where we are today to a desired position. The impact of a technology depends on how it is implemented. This module gives you some basic insights regarding strategy and what to consider regarding its formulation and implementation.
Finale - The Impact of Technology
We have come to the end of the course. This video and the exam are the final elements included.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Introduces learners to fundamental theories and models that are used in understanding how technology impacts industry in the long-term
Develops skills in foresight methodology and identifying and analyzing historical examples and recurring patterns and cycles
Develops skills in technology delta and barrier analysis, value chain disruption, and strategy formulation
Provides learners with a structured process to assess potential future business roles in emerging value networks
Involves assignments to facilitate learning, making course concepts more applicable and accessible
Embraces a multi-modal approach, including videos, readings, discussions, interactive sequential backcasting case, and an exam

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Reviews summary

Well received educational course

Learners say that this interesting and fun course about the impact of technology is worth taking. Educators did a great job on this presentation. Reviewers thank the team for their hard work.

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in The Impact of Technology with these activities:
Review Value Chain Analysis
Strengthen understanding of value chain analysis concepts and their application in assessing industry dynamics and potential technology impacts.
Browse courses on Value Chain Analysis
Show steps
  • Recall or review the principles of value chain analysis.
  • Identify and analyze the key activities within a specific industry's value chain.
Read The Innovator's Dilemma
Gain insights into the challenges of sustaining innovation in established companies and the importance of recognizing and embracing disruptive technologies.
Show steps
  • Obtain a copy of the book.
  • Read the first five chapters and take notes.
  • Summarize the main arguments of the book.
Explore Technology Forecasting Methods
Enhance understanding of various technology forecasting methodologies and their application in predicting future technological advancements.
Show steps
  • Identify different technology forecasting methods.
  • Select a specific method and learn its principles.
  • Apply the method to a real-world technology forecasting scenario.
Five other activities
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Read Crossing the Chasm
Gain insights into the challenges of transitioning a technology from early adopters to mainstream users, and develop strategies for successful market penetration.
Show steps
  • Obtain a copy of the book.
  • Read the first five chapters and take notes.
  • Summarize the key concepts of the book.
Estimate Technology Barriers
Develop the ability to identify and evaluate potential barriers to technology adoption and implementation.
Show steps
  • Identify a specific technology.
  • Research and list potential barriers to its adoption.
  • Evaluate the significance and likelihood of each barrier.
Discuss Technology Trends
Engage in discussions with peers to exchange perspectives and gain diverse insights on emerging technology trends and their potential impact.
Browse courses on Technology Trends
Show steps
  • Join or form a study group or online discussion forum.
  • Identify current technology trends and research their implications.
  • Share findings and engage in discussions with peers.
Develop a Technology Impact Plan
Practice applying the principles of technology impact assessment to a specific industry or organization.
Show steps
  • Select a specific technology and industry.
  • Analyze the potential impact of the technology on the industry.
  • Develop a plan to mitigate negative impacts and maximize positive impacts.
Develop a Technology Adoption Roadmap
Gain hands-on experience in developing a comprehensive roadmap for successful technology adoption within an organization.
Browse courses on Technology Adoption
Show steps
  • Identify the target technology and its potential benefits.
  • Assess the organization's readiness for technology adoption.
  • Create a detailed plan outlining the implementation process, timelines, and resource requirements.

Career center

Learners who complete The Impact of Technology will develop knowledge and skills that may be useful to these careers:
Technology Investment Analyst
Technology Investment Analysts are responsible for analyzing and making recommendations on investments in technology companies. This course can help you build a solid foundation for a successful career as a Technology Investment Analyst. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for identifying and investing in companies that are likely to benefit from the impact of new technologies.
Venture Capitalist
Venture Capitalists invest in early-stage companies. This course can help you build a solid foundation for a successful career as a Venture Capitalist. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for identifying and investing in companies that are likely to benefit from the impact of new technologies.
Product Manager
Product Managers are responsible for developing and managing products. This course can help you build a solid foundation for a successful career as a Product Manager. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for developing products that meet the needs of the market.
Innovation Manager
Innovation Managers are responsible for leading and managing innovation projects. This course can help you build a solid foundation for a successful career as an Innovation Manager. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for identifying and developing new products and services.
Research Analyst
Research Analysts are responsible for conducting research to identify and analyze trends. This course can help you build a solid foundation for a successful career as a Research Analyst. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for identifying and understanding trends.
Strategy Consultant
Strategy Consultants advise clients on how to develop and implement strategies. This course can help you build a solid foundation for a successful career as a Strategy Consultant. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for developing strategies that take into account the impact of new technologies.
Systems Analyst
Systems Analysts are responsible for analyzing and designing computer systems. This course can help you build a solid foundation for a successful career as a Systems Analyst. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for designing systems that are resilient to the impact of new technologies.
Risk Manager
Risk Managers are responsible for identifying and managing risks. This course can help you build a solid foundation for a successful career as a Risk Manager. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for identifying and managing risks associated with new technologies.
Sales Manager
Sales Managers are responsible for leading and managing sales teams. This course can help you build a solid foundation for a successful career as a Sales Manager. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for developing sales strategies that take into account the impact of new technologies.
Business Analyst
Business Analysts are in high demand as companies increasingly rely on technology to drive growth. This course teaches you how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for a Business Analyst. You'll learn how to draw a map of the potential future business landscape, identify interesting future business roles in emerging value networks, and find a path from where you are today to a desired end state. This course can help you build a solid foundation for a successful career as a Business Analyst.
Data Analyst
Data Analysts are responsible for collecting, cleaning, and analyzing data. This course can help you build a solid foundation for a successful career as a Data Analyst. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for understanding how data can be used to drive business decisions.
Project Manager
Project Managers are responsible for planning, executing, and closing projects. This course can help you build a solid foundation for a successful career as a Project Manager. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for managing projects that involve new technologies.
Market Researcher
Market Researchers are responsible for conducting research to understand consumer behavior. This course can help you build a solid foundation for a successful career as a Market Researcher. You'll learn how to use theories and methods to make predictions of the potential impact of new technology, which can be invaluable for understanding how new technologies are likely to be adopted by consumers.
Consultant
Consultants advise clients on how to improve their businesses. This course can help you build a solid foundation for a successful career as a Consultant. You'll learn how to analyze how an industry or market may change if the technology which is available today is fully implemented in a 10 to 20-year perspective. You'll also learn how to identify barriers to such a development and make estimates regarding the timing.
Financial Analyst
Financial Analysts are responsible for analyzing financial data and making recommendations on investments. This course can help you build a solid foundation for a successful career as a Financial Analyst. You'll learn how to analyze how an industry or market may change if the technology which is available today is fully implemented in a 10 to 20-year perspective. You'll also learn how to identify barriers to such a development and make estimates regarding the timing.

Reading list

We've selected 12 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in The Impact of Technology.
Explores the reasons why large, successful companies often fail to innovate and adapt to new technologies. It provides a framework for understanding the challenges of innovation and offers strategies for overcoming them.
Provides a practical guide to marketing and selling technology products to mainstream customers. It explains the different stages of the technology adoption lifecycle and offers strategies for crossing the chasm from early adopters to mainstream customers.
Provides a step-by-step guide to building a successful startup using the Lean Startup methodology. It explains how to test your business ideas quickly and cheaply, and how to iterate and improve your products and services based on customer feedback.
Provides a clear and concise framework for developing good strategy. It explains the difference between good and bad strategy, and offers guidance on how to develop a winning strategy for your organization.
Provides a critical look at the rise of surveillance capitalism and its implications for our privacy, freedom, and democracy. It argues that we need to take action to protect our data and our rights in the digital age.
Explores the hidden algorithms that shape our lives. It argues that these algorithms are often biased and opaque, and that we need to demand more transparency and accountability from the companies that use them.
Explores the future of human nature in the face of rapid technological change. It argues that we are on the cusp of a new era of human evolution, and that we need to be prepared for the challenges and opportunities that lie ahead.
Explores the 12 technological forces that will shape our future. It argues that these forces are inevitable, and that we need to be prepared for the changes they will bring.
Explores the future of artificial intelligence and its implications for our world. It argues that we are on the cusp of a new era of AI that will have a profound impact on every aspect of our lives.
Explores the future of humanity in the face of rapid technological change. It argues that we need to be careful about the ways in which we use AI, and that we need to ensure that AI remains aligned with our values.
Explores the risks and benefits of artificial intelligence. It argues that we need to be prepared for the possibility of a superintelligent AI, and that we need to develop strategies to ensure that AI remains aligned with our values.
Explores the future of humanity in the face of rapid technological change. It argues that we are on the cusp of a singularity, a point at which technological progress becomes so rapid that it is impossible to predict the future.

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