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Your company, a large online high school, is planning to implement a new innovative social networking technology for their students. The technology would allow students to get to know one another, network, and participate in school activities, such as having virtual student body elections and virtual student committees. The company feels that the ability to have this type of interaction and involvement among students will set the school above the competition. As the Chief Innovation Officer, you are responsible for the implementation and evaluation of the chosen technology. The company must decide between developing their own social networking system or acquiring a small online high school that has already started development on a similar type of system and is struggling financially. Your director, the company CEO, has come to you with some specific concerns and questions regarding which technology to select. Submit a one-page response to your director answering all of the following questions: 1. What factors must be considered when implementing an innovative technology internally? What factors must be considered when implementing an externally acquired innovative techology? How do the implementaion issues differ? How are they the same? 2. What factors must be considered when evaluating an internally implemented innovative technology? Why? 3. What factors must be be considered when acquiring an innovative technology externally? Why?
Online School Name Institution Date Online School As the chief innovations officer, it is important to analyze various factors prior to purchasing of any technology whether the technology would permit students to interact meaningfully and participate in important activities like virtual student`s election and virtual student committees. It means that the product must be able to meet the intended needs of the users. This is to ensure that the school does not spend funds on devices that will not be useful to both students and the school faculty (Bennett et al., 2012). As the chief innovations officer, in the process of implementing innovative technology some of the internal factors to be considered include the availability of resources to implement such initiatives. The school can review several options if the resources are limited; this includes engaging existing personnel within the school. For exampl