Project Title:
Developing a Risk Management Model to Support New Technology Adoption
Project Type:
Cooperative Research Centre (CRC) Research
Funding Body:
Cooperative Research Centre for Optimising Resource Extraction (CRC ORE)
Project Timeframe:
2019-2021
Program Synopsis:
This QUT Centre for Mining Equipment, Technology and Services Business Innovation (CMBI) project contributes to CRC ORE’s Program 4 objective of developing management systems to support organisational change to ensure the benefits of disruptive new technologies can be sustained in what are often entrenched operating cultures. The program recognises that the mining industry can be reluctant to adopt new technology due to misaligned organisational systems and processes, including risk management; compounded by high levels of complexity and uncertainty throughout the new technology adoption process. The research emphasises a need for mining companies to develop a customised approach to managing new technology adoption risk, greater strategic focus on long-term research and development, improved collaborative efforts with suppliers and technology vendors, and increased technology diffusion from outside the mining sector to maximise the benefits of technology adoption.
Chief Investigators:
- A/Prof Tim Rose (Project lead) (QUT)
- A/Prof Anna Wiewiora (QUT)
- Prof Rachel Parker (QUT)
- Dr Jennifer Moffatt (QUT)
- Mr Nicholas Johnson (QUT)
