Implementing new technologies presents many challenges for companies. Constant changes in technology, customer needs, and product life cycles make it difficult for companies to keep up. Employees also need continuous training to adjust to new technologies. A clear strategy and communication between management and employees is important for successful implementation. The eight step model provides a framework for identifying, planning, and integrating technologies that meet business needs and lead to long-term success. Focusing on both efficiency and effectiveness throughout the implementation process helps companies overcome challenges and realize the advantages of new technologies.