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<ns1:meme ns1:id="37" ns1:title="technical due diligence" xmlns:ns1="http://www.memento.org"><ns1:author>Jaron Collis</ns1:author><ns1:memeContent><ns1:memenode><ns1:nodename>Core Concept</ns1:nodename><ns1:nodetext>A critical evaluation of the technical fitness of an organisation, department or system. Often the prelude to an investment decision.</ns1:nodetext><ns1:children><ns1:child>investigation</ns1:child><ns1:child>evaluation</ns1:child></ns1:children></ns1:memenode><ns1:memenode><ns1:nodename>investigation</ns1:nodename><ns1:nodetext>Data collection from interviews, internal reports, product reviews, industry surveys, analyst reports, company accounts, </ns1:nodetext><ns1:children><ns1:child>environment</ns1:child><ns1:child>uniqueness</ns1:child><ns1:child>R&amp;D</ns1:child><ns1:child>operations</ns1:child><ns1:child>personnel</ns1:child></ns1:children></ns1:memenode><ns1:memenode><ns1:nodename>evaluation</ns1:nodename><ns1:nodetext>Evaluators must be objective. Will candidly report their finding and produce an assessment of benefits and risks.</ns1:nodetext><ns1:children><ns1:child>direction</ns1:child><ns1:child>benefit-risk</ns1:child></ns1:children></ns1:memenode><ns1:memenode><ns1:nodename>environment</ns1:nodename><ns1:nodetext>Hardware, software and networks. Investigate its history and plans for orderly change amidst the flux. Are there the right tools to execute the product and service strategies?</ns1:nodetext><ns1:children><ns1:child>awareness</ns1:child><ns1:child>improvement</ns1:child><ns1:child>infrastructure</ns1:child></ns1:children></ns1:memenode><ns1:memenode><ns1:nodename>awareness</ns1:nodename><ns1:nodetext>Of emerging technologies, competitors, potential threats</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>improvement</ns1:nodename><ns1:nodetext>Budgets for product, staff development. History and success of past roll-outs.</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>infrastructure</ns1:nodename><ns1:nodetext>Good corporate IT? Organisation has well-defined boundaries of responsibilty?</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>uniqueness</ns1:nodename><ns1:nodetext>Differences to competitors - which trade-offs have been made (e.g. pick 2 of Good/Fast/Cheap). What IP rights are held?</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>R&amp;D</ns1:nodename><ns1:nodetext>Is there research capability for incremental improvements or breakthroughs?
What is development capability, quality of builds and response to bugs?</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>operations</ns1:nodename><ns1:nodetext>Are operations efficient? Any scope for savings?</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>personnel</ns1:nodename><ns1:nodetext>Quality of engineers and management. Who are the key people and how commited are they?</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>direction</ns1:nodename><ns1:nodetext>Where is technology now, where is it going?</ns1:nodetext></ns1:memenode><ns1:memenode><ns1:nodename>benefit-risk</ns1:nodename><ns1:nodetext>Anticipated pay-offs versus the manageable risks.
A continuum of low/low to high/high.</ns1:nodetext></ns1:memenode></ns1:memeContent><ns1:access>false</ns1:access><ns1:category>consultancy</ns1:category><ns1:repository>1</ns1:repository><ns1:creationDate>2003-10-08T17:48:31.538+01:00</ns1:creationDate><ns1:lastModified>2003-10-08T17:48:31.538+01:00</ns1:lastModified><ns1:relatedMemes><ns1:memeref ns1:id="7"><ns1:label>risk management</ns1:label></ns1:memeref></ns1:relatedMemes><ns1:relatedLinks/></ns1:meme>