What are the Challenges of Technological Disruptions?
While technological disruptions offer significant opportunities, they also present several challenges:
- Resistance to Change: Employees may resist adopting new technologies, fearing job displacement or unfamiliarity. - Cybersecurity Risks: Increased reliance on digital technologies can expose organizations to cybersecurity threats. - Cost of Implementation: The initial investment required to adopt new technologies can be substantial. - Skill Gaps: There may be a shortage of skilled professionals capable of working with new technologies. - Integration Issues: Ensuring that new technologies integrate seamlessly with existing systems can be complex and time-consuming.