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Critical factors for Strategic
               Technology Management
Michael A. Cusumano. (2010) Technology Strategy
  and Management: Reflections on the Toyota
                      Debacle
 G. P. Peters. (2010) Management Strategies: for
               the High-Tech Industry

                                                 Presented by
                                                Anup Poudel
                                     anuppoudel17@gmail.com



 08/11/2011                                                 1
Overview

• Toyota case study: Michael A. Cusumano.
  (2010)
• Agilent’s case study: G. P. Peters (2010)
• Critical factors for strategic technology
  management.
• Conclusions


08/11/2011                                    2
Papers Reviewed
                    Cusumano (2010)      Peters (2010)
Case Study          Toyota               Case Study: Agilent
                                         Technology
Focus industry      Automobiles          Industry: High-tech
                    manufacturing.       electronics.
Critical factor     Quality Management   Six factors for effective
                                         innovative product
                                         development.




08/11/2011                                                           3
Toyota Case Study
• Toyota ( before 1999) was known for unique
  capabilities in
     –       Manufacturing
     –       Quality control
     –       Supply chain management
     –       Product engineering
     –       Sales and marketing strategy
• Was in number of media headlines due to
  quality problems ( after 1999)
08/11/2011                                     4
Toyota Case Study (Contd..)
• Quality problems like
     –       Sticky brake pedals
     –       Dangerous corrosion


• Caused mainly due to issues in
     –       Production process
     –       Product development process and
     –       General management


08/11/2011                                     5
Agilent Case Study
• Strategies followed by Agilent technology
  are
     –       Stay close to your customer
     –       Make differentiated contributions
     –       Leverage of external partners
     –       Execute effectively
     –       Demonstrate leadership at all levels
     –       Use emerging communication technology effectively



08/11/2011                                                       6
Comparison
 Cusumano (2010)                           Peters (2010)



 1. Focuses on quality management for      1. Focuses on 6 factors for electronic
 product development in manufacturing      high tech company.
 situation.
 2. High quality at low cost is a tricky   2. Analysis of customer preference for
 trade-off.                                new product development is a key to
                                           success.
 3. Continuous customers’ feedback for     3. Use of emerging technology, like face
 long term effective quality               book, for understanding customer
 management.                               needs.




08/11/2011                                                                            7
Conclusion
     The critical factors required for a successful
        technology company are:
     –       Effective quality management
     –       Identifying emerging customer preferences
     –       Effective feedback and control mechanisms




08/11/2011                                               8
Thank you



08/11/2011               9

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Critical factors for strategic technology management

  • 1. Critical factors for Strategic Technology Management Michael A. Cusumano. (2010) Technology Strategy and Management: Reflections on the Toyota Debacle G. P. Peters. (2010) Management Strategies: for the High-Tech Industry Presented by Anup Poudel anuppoudel17@gmail.com 08/11/2011 1
  • 2. Overview • Toyota case study: Michael A. Cusumano. (2010) • Agilent’s case study: G. P. Peters (2010) • Critical factors for strategic technology management. • Conclusions 08/11/2011 2
  • 3. Papers Reviewed Cusumano (2010) Peters (2010) Case Study Toyota Case Study: Agilent Technology Focus industry Automobiles Industry: High-tech manufacturing. electronics. Critical factor Quality Management Six factors for effective innovative product development. 08/11/2011 3
  • 4. Toyota Case Study • Toyota ( before 1999) was known for unique capabilities in – Manufacturing – Quality control – Supply chain management – Product engineering – Sales and marketing strategy • Was in number of media headlines due to quality problems ( after 1999) 08/11/2011 4
  • 5. Toyota Case Study (Contd..) • Quality problems like – Sticky brake pedals – Dangerous corrosion • Caused mainly due to issues in – Production process – Product development process and – General management 08/11/2011 5
  • 6. Agilent Case Study • Strategies followed by Agilent technology are – Stay close to your customer – Make differentiated contributions – Leverage of external partners – Execute effectively – Demonstrate leadership at all levels – Use emerging communication technology effectively 08/11/2011 6
  • 7. Comparison Cusumano (2010) Peters (2010) 1. Focuses on quality management for 1. Focuses on 6 factors for electronic product development in manufacturing high tech company. situation. 2. High quality at low cost is a tricky 2. Analysis of customer preference for trade-off. new product development is a key to success. 3. Continuous customers’ feedback for 3. Use of emerging technology, like face long term effective quality book, for understanding customer management. needs. 08/11/2011 7
  • 8. Conclusion The critical factors required for a successful technology company are: – Effective quality management – Identifying emerging customer preferences – Effective feedback and control mechanisms 08/11/2011 8