Professional Documents
Culture Documents
Management
Technology Management Field
Topics that will be emphasized in this class
include
• Technology Strategy
• Development of Technological capability
• Innovation management
• Technology management and business
competitiveness interface
• Technology adoption
• E-business and Virtual Corporation
Definitions
• Technology (for the purpose of this class)
refers to information technology (IT),
which includes computer
hardware/software, telecommunications,
networks, and database.
• Management function include planning,
organizing, coordinating, and controlling
Fact
• Effective use of IT provides a
competitive edge.
• IT is a means, not an end.
• People are the most important
resources.
• Most projects fail due to poor
management.
Innovation
• Innovation refers to new products,
new processes, new managerial
approaches, and combinations of the
above.
• An important aspect of innovation is
“Adoption and implementation of IT.”
Variables related to Innovation
(Burgelman & Maidique 1988)
• Business focus
• Adaptability
• Organizational cohesion
• Entrepreneurial culture
• A sense of integrity
• Hands-on top management
Framework for Reviewing
Technological Innovation: 8 Stages
• Discovery of a new idea or product
• Emergence of the proposed idea or design
concept
• Verification of the theory or design
• Demonstration of a prototype
• Trail and evaluation
• Commercial introduction or initial operation
of the innovation
• Innovation adoption
• Innovation proliferation
IT and Market
• Balancing between technology push
and market pull
• Proactive approach for technical
development
• Feasibility of an innovation:
technologically and commercially
• Congruent of an innovation with
corporate objectives and goals
Manager Perspective on
Managing Technology
• Advanced technology can create an
abrupt change in businesses.
• New technology requires (Beatty 1992)
– A skilled champion
– A plan for systems integration
– Organizational integration
Barriers to Success
• Failure of a champion
• Lack of systems integration
• Incompatible systems
• Lack of a cross-functional team
Lessons Learned
• Imbalance between technology generation
and technology diffusion in the US (Alic
1993)
• Requirements of international facility
location and technology transfer (Woodward &
Liu 1993).