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Activities and Responsibilities for SayProRoyal-14 SayPro Royal Board Technology and Innovation Committee
| Technology Strategy and Governance |
| Technology Strategy Development: Develop and oversee the organization’s technology strategy to align with business objectives and market trends |
| Technology Roadmap: Create and maintain a technology roadmap outlining key technology initiatives and timelines |
| Governance Framework: Establish and maintain a governance framework for managing technology projects and investments |
| Innovation Management |
| Innovation Strategy: Develop and implement an innovation strategy to drive new ideas, products, and services |
| Innovation Culture: Foster a culture of innovation within the organization by encouraging creativity and experimentation |
| Idea Management: Oversee the process for collecting, evaluating, and prioritizing innovative ideas and projects |
| Technology Infrastructure and Systems |
| Infrastructure Oversight: Oversee the management and optimization of the organization’s technology infrastructure, including hardware, software, and networks |
| System Integration: Ensure effective integration of technology systems and applications to enhance operational efficiency |
| Technology Upgrades: Review and approve plans for upgrading technology infrastructure and systems |
| Digital Transformation |
| Transformation Strategy: Develop and guide digital transformation initiatives to enhance business processes and customer experiences |
| Implementation: Oversee the implementation of digital transformation projects, including process automation and digital tools |
| Change Management: Manage the change process associated with digital transformation, including training and communication |
| Research and Development (R&D) |
| R&D Strategy: Develop and oversee the R&D strategy to support technology innovation and advancement |
| R&D Projects: Review and approve R&D projects, including budget, scope, and timelines |
| Strategic Partnerships: Establish and manage Strategic Partnerships with research institutions and technology providers |
| Technology Risk Management |
| Risk Assessment: Identify and assess technology related risks, including cybersecurity threats, data breaches, and system failures |
| Risk Mitigation: Develop and implement strategies to mitigate technology risks and ensure business continuity |
| Incident Response: Oversee the development and management of incident response plans for technology related incidents |
| Cybersecurity and Data Privacy |
| Cybersecurity Strategy: Develop and oversee the organization’s cybersecurity strategy to protect against cyber threats |
| Data Privacy: Ensure compliance with data privacy regulations and best practices for protecting sensitive information |
| Security Policies: Review and approve cybersecurity policies and procedures |
| Technology Investments and Budgeting |
| Investment Strategy: Develop and oversee strategies for technology investments, including capital expenditures and operational budgets |
| Budget Approval: Review and approve technology budgets, ensuring alignment with strategic goals |
| Return on Investment (ROI): Evaluate the ROI of technology investments and initiatives |
| Technology Performance and Metrics |
| Performance Monitoring: Monitor the performance of technology systems and initiatives, including uptime, reliability, and user satisfaction |
| Key Performance Indicators (KPIs): Develop and track KPIs to measure the effectiveness of technology initiatives and investments |
| Continuous Improvement: Identify opportunities for improving technology performance and implementing best practices |
| Technology Vendor Management |
| Vendor Selection: Oversee the selection and evaluation of technology vendors and service providers |
| Contract Management: Review and approve contracts and agreements with technology vendors |
| Vendor Performance: Monitor and manage the performance of technology vendors and ensure they meet contractual obligations |
| Technology Trends and Emerging Technologies |
| Trend Analysis: Stay informed about emerging technology trends and assess their potential impact on the organization |
| Adoption Strategy: Develop strategies for adopting and integrating emerging technologies that align with organizational goals |
| Competitive Analysis: Analyse competitive technologies and innovations to maintain a strategic advantage |
| IT and Technology Policies |
| Policy Development: Develop and review IT and technology policies, including those related to usage, security, and compliance |
| Policy Enforcement: Ensure adherence to technology policies across the organization |
| Policy Communication: Communicate technology policies to employees and stakeholders |
| User Experience and Engagement |
| User Needs Assessment: Assess and address user needs and requirements related to technology systems and applications |
| Feedback Management: Collect and analyse feedback from users to improve technology solutions and services |
| User Training: Oversee training programs to ensure users are knowledgeable about technology tools and systems |
| Technology Integration and Collaboration |
| Integration Strategy: Develop strategies for integrating new technologies with existing systems and processes |
| Cross Functional Collaboration: Promote collaboration between technology teams and other departments to support organizational goals |
| System Compatibility: Ensure compatibility and interoperability of technology systems and applications |
| Data Management and Analytics |
| Data Strategy: Develop and oversee the organization’s data management strategy, including data governance and quality |
| Analytics Tools: Implement and manage data analytics tools to support decision making and business insights |
| Data Integration: Ensure integration of data across systems to support comprehensive analysis and reporting |
| Technology Ethics and Compliance |
| Ethical Considerations: Ensure that technology practices and innovations adhere to ethical standards and considerations |
| Compliance Monitoring: Monitor compliance with relevant technology regulations and industry standards |
| Ethics Policies: Develop and review policies related to technology ethics and compliance |
| Strategic Partnerships and Alliances |
| Strategic Partnerships Development: Identify and develop strategic Partnerships and alliances to support technology and innovation goals |
| Alliance Management: Manage relationships with technology partners and collaborators |
| Strategic Partnerships Opportunities: Explore and evaluate new Strategic Partnerships opportunities to enhance technological capabilities |
| Innovation Pipeline Management |
| Pipeline Oversight: Manage the innovation pipeline, including idea generation, evaluation, and development |
| Project Selection: Evaluate and prioritize innovation projects based on strategic alignment and potential impact |
| Resource Allocation: Allocate resources and support to innovation projects throughout their lifecycle |
| Technology Adoption and Change Management |
| Adoption Strategies: Develop strategies to support the adoption of new technologies and innovations within the organization |
| Change Management: Manage the change process associated with technology adoption, including communication and training |
| User Support: Provide support and resources to users during the transition to new technologies |
| Committee Governance |
| Charter Development: Develop and maintain the Technology and Innovation Committee’s charter, defining its roles and responsibilities |
| Committee Evaluation: Regularly assess the performance and effectiveness of the Technology and Innovation Committee |
| Meeting Management: Schedule and manage committee meetings, ensuring effective discussions and decision making |