Management of Technology Program History
:Established in 1981 as a joint program of the schools of managementand engineering, the MIT Management of Technology (MOT)Program was the quintessential MIT invention — an elegantsolution to a critical global challenge. For a quarter of a century,this specialized one-year master's program provided technologistswith the management expertise to drive successful ventures in ahypercompetitive marketplace. Eventually, the program evolvedinto a product of the school of management only. Geared for mid-career professionals in technology-based organizations, the MOTProgram taught hundreds of engineers to assess, mine, and markettechnological enterprises. MOT students developed the ability toweigh risks and make decisions under volatile conditions. Theydiscovered how technology interacts with other key business areas.And they had the opportunity to update their technical expertise inthe research facilities of one of the most influential technologythink tanks in the world.
Elements of strategic Management of Technology
Elements of strategic management of technology (MOT) arediscovered and outlined in a conceptual framework. Strategic MOT is anecessity for creation and execution of technology strategy for sustained competitive advantage of an enterprise. In absence of coherent frameworks, practitioners encounter difficulties to cope with