The IQTR framework comprises the following six key elements:
1. Technological Infrastructure
Evaluates the robustness of the existing IT architecture to support new technologies. It includes an assessment of hardware, software, network capacity, and scalability.
2. Data Strategy
Considers the company's ability to handle, analyze and make use of vast quantities of data, a crucial requirement for technologies like AI and IoT.
3. Cybersecurity & Data Privacy
Assesses the company's current cybersecurity measures and data privacy protocols to ensure safety and compliance as new technologies are adopted.
4. Talent & Skillsets
Measures the ability of current staff to handle, implement, and adapt to new technologies, and assesses strategies for upskilling or recruitment.
5. Leadership & Culture
Gauges the readiness of the company's leadership to drive technological change and the culture's receptivity to technological innovation.
6. Business Strategy Alignment
Ensures that the adoption of these new technologies aligns with the company's overall business objectives and adds value to its operations.
