Strategic Technology Roadmap for Veolia: Advancing Innovation for Sustainable Resource Management

Abstract

Firms experience issues like high costs of implementation, threats of cyber-security, and concerns of data privacy, and change resistance that block the triumphant exploitation of novel technologies. Additionally, the quick pace of evolution of technology makes it harder for firms to forecast budding trends and implement accordingly. Without a complete roadmap, firms risk financing in outdated or mismatched technologies, resulting to monetary losses and disruptions of operations. In this study, different theories are used like open innovation theory and resource-based view. In this study, the qualitative research method is used along with case study method. The data is taken from reports, articles, and research papers. The findings show that the leadership of Veolia must emphasis on its efforts on the inclusion of senior leadership in the procedure of change. Apart from this, the firm must emphasis on commencing incremental change. Apart from scanning of environment of technology, it was found that Veolia requires to raise its funds in technology of IoT and Big Data.