Technology: Risk and regulation in the digital age

As digital technologies evolve, executives are increasingly pressured to consider how adopting new technologies can improve business efficiency and reduce business and transaction costs. Some of these efficiency gains require digitising functions common to all businesses, such as financial and human resource management, stakeholder and customer engagement, risk management and regulatory compliance. Other efficiency gains arise from using technology to improve how a business produces the goods and services they bring to market. In both the operations and production context, the use of technology involves considering a complex range of ethical and legal issues. Executives who understand and address these issues must exhibit knowledge of the technology and the regulatory regimes and compliance mechanisms that govern its use.

You will gain an understanding of the conceptual principles underpinning different types of technologies, their associated benefits and limitations and their application in various business contexts. The unit also examines the existing and proposed regulatory regimes and instruments (within and outside of Indonesia) governing the deployment of these technologies and the use, collection and storage of personal data. A range of case studies from different industries will illustrate how new technologies can be applied to address a range of business needs and provide context for considering the practical, legal, ethical and regulatory issues that must be managed before, during and after technology deployment.