MIT Sloan Management Review reported that “Companies that embrace digital transformation are 26% more profitable than their competitors.”
Despite the evidence of the power of a technology strategy, it is estimated that 85% of mid-sized businesses (businesses with revenue over $50 million but less than $1 billion) have NO technology strategy (Association for Information Managers).
Business executives frequently feel overwhelmed and inadequate when it comes to developing a technology strategy. The risk of developing a poor strategy is possibly as dangerous as having no strategy at all.
STG offers a solution to the technology strategy conundrum. The Business Technology Assessment uses the STG Strategic Technology Framework©. The framework maps nine essential dimensions of a technology strategy.
See your manufacturing technology through a business lens — and finally know the truth.
Getting technology right in manufacturing is uniquely hard.
Most executives know something isn’t working — but not why.
Is it the systems? The data? The plants? The leadership? The process?
Or the way everything connects?
An STG Business Technology Assessment replaces assumptions and noise with clarity, alignment, and confidence across your production and technology landscape.
The STG Strategic Technology Framework®
Each of these dimensions is evaluated and scored to help business clients get a clear picture of the current Risk and Readiness of the current business environment. The evaluation and score help technology professionals craft a strategy that is thorough, complete, and stacks the odds of success in favor of STG clients. Consider some of the elements associated with a few of the nine dimensions.
LEADERSHIP & PEOPLE
We develop your teams and leaders to build resilience and drive successful, people-led change.
STRATEGY & INNOVATION
We guide your innovation journey to explore emerging tech while managing risk and future-proofing your strategy.
SYSTEMS, PRODUCTS & ENGINEERING
Get complex systems, AI solutions, and high-stakes projects delivered — on time, on budget, on target.
OPERATIONS & INFRASTRUCTURE
We strengthen your tech foundation to reduce operational risk and ensure you’re ready for scalable growth.
DATA & ANALYTICS
We help you harness and protect your data to uncover insights and make confident, risk-aware decisions.
BUSINESS PROCESS OPTIMIZATION
We streamline your operations to reduce inefficiencies and prepare your business for agile transformation.
SECURITY & COMPLIANCE
We embed security and compliance into your operations to minimize threats and meet evolving regulations.
TECHNOLOGY FINANCIAL MANAGEMENT
Get control of your tech spend — cut waste, invest smarter, and maximize ROI from every dollar.
ARTIFICIAL INTELLIGENCE (AI)
Get AI that actually delivers — from strategy to implementation — to drive efficiency and new growth.
LEADERSHIP & PEOPLE
We develop your teams and leaders to build resilience and drive successful, people-led change.
STRATEGY & INNOVATION
We guide your innovation journey to explore emerging tech while managing risk and future-proofing your strategy.
SYSTEMS, PRODUCTS & ENGINEERING
Get complex systems, AI solutions, and high-stakes projects delivered — on time, on budget, on target.
OPERATIONS & INFRASTRUCTURE
We strengthen your tech foundation to reduce operational risk and ensure you’re ready for scalable growth.
DATA & ANALYTICS
We help you harness and protect your data to uncover insights and make confident, risk-aware decisions.
BUSINESS PROCESS OPTIMIZATION
We streamline your operations to reduce inefficiencies and prepare your business for agile transformation.
SECURITY & COMPLIANCE
We embed security and compliance into your operations to minimize threats and meet evolving regulations.
TECHNOLOGY FINANCIAL MANAGEMENT
Get control of your tech spend — cut waste, invest smarter, and maximize ROI from every dollar.
ARTIFICIAL INTELLIGENCE (AI)
Get AI that actually delivers — from strategy to implementation — to drive efficiency and new growth.
Leadership and People includes
- Leadership and vision
- Role clarity and performance measures
- Job grading, promotion process, and compensation
- Training and development plans
- Recruiting, hiring, and retention
- Talent management
- Culture
Strategy and Innovation
- Strategy creation and rollout
- A plan of action for both technology that will differentiate and operational excellence
- Innovation as a cultural norm
- Organizational adaptability
- Governance/Decision Making
Operations and Infrastructure
- Availability and Capacity Management
- Cloud/On-Prem/Data Center
- Change Management
- Asset Management
- Service Desk
- Incident Management
- Release Management
- Configuration Management
- Disaster Recovery Planning
Systems, Products, and Engineering
- Systems and Product portfolio management
- Systems and Products categorization
- SDLC and process
- Systems and Product development throughput
- Quality
- Architecture
- DORA
- UX
Data and Analytics
- Data Strategy
- Data-driven decision making
- Data architecture
- Data quality
- Categorization
- Safeguards
Business Process Optimization
- Technology review of major business processes
- Controls
- Audit
- Metrics and communication plan
Technology Financial Management
- Investment vs operational expenses
- Cost optimization
- Budget management
- Business Value assessment
- Vendors and Contracts
Security and Compliance
- DevSecOps
- Policy
- Data privacy
- Risk and categorization
- SOC 2
- Pen-testing
- Dashboard
Artificial Intelligence (AI)
- Assessment
- Ideation
- R&D
- Audit
- Ethics Review
- AI Training
- Integration
- Corporate Policy
- Governmental regulation
Reviewing the dimensions of the framework underscores its completeness. It may appear that these are only words on a page. But each word here represents a depth of meaning to the Council of Chief Technology Officers who collaborated to innovate the framework solution.
Technology professionals use the framework to conduct a Business Technology Assessment. An essential component of the Business Technology Assessment is a Risk and Readiness Review. Each element of the Framework is evaluated and scored by a panel of experts drawn from the Chief Technology Officer Council established by STG.
The research, evaluation, scoring, and recommendations of the panel are peer-reviewed for quality, accuracy, and strategic value.
Considering these dimensions and their aspects is a useful start for an executive interested in technology strategy. Here are some additional resources that may be useful to the studious business executive who wants to preserve and protect their business present and future.
If you are ready for immediate assistance, schedule a meeting to discuss your questions, goals, and priorities.
Getting in Touch is Easy
We would be happy to discuss the best option for your project to help guide you through the custom
software development journey and become your strategic partner.
