Meaning ● SMB Technology Governance describes the framework of policies, processes, and practices that guides the effective use of technology within small and medium-sized businesses. This governance model directly impacts an SMB’s ability to strategically manage its technology investments to foster growth. Moreover, it facilitates successful automation initiatives, ensuring technology supports streamlined operations and boosts productivity. Technology governance also underpins successful technology implementation, by providing the oversight and control necessary to mitigate risks and realize projected business value. Establishing clear technology governance is vital for SMBs to optimize their resources, maintain compliance, and ultimately achieve their strategic business goals. Furthermore, robust technology governance allows SMBs to adapt to changing market conditions and leverage new technological opportunities effectively.
