SlideShare a Scribd company logo
Technology Selection
-Free to choose
-Not being forced
-Many options
1
Management (individual-company)
• Individual ---- Business (company)
-4Ms -4Ms
-Time -Time
-Self (physically, mentally) -organization (physically, culture)
-quality (products, services, process) -quality (products, services,
process)
-dream -mission, vision, objectives
2
Technology Selection
• Technology Selection is a decision making capability on
select one/more technology(technologies)
• Involves selecting technologies to support your company
business needs.
• Includes two sub process: selection and
implementation/exploitation.
3
Individual Technology Selection
4
Individual Technology Selection
5
Individual Technology Selection
6
Technology selection (individual)
1. Do I need this particular technology?
2. Do I have this particular technology?
3. Is this particular technology new?
4. Where is this technology?
5. Internal factors: functions of the technology, benefits it brings,
added value
6. External factors: near future usage, family
---------------------------------------------------------
7. Develop goal, mission, vision (your thought, your feeling)
8. Plan how to use it
---------------------------------------------------------
8. Implement/technology exploition
7
Technology Selection
(at the company level)
1 Technology audit
2 Forecast the technology
3 Analyse the environment
4 Analyse the market/user
5 Analyse the organization
6 Develop the mission
7 Design organizational actions
8 Implementation (Technology Exploitation)
Strategic
analysis
Strategic
choice
8
New production technology in a company
9
Current Production technology in your company
10
Strategic analysis- 1: Technology
Audit/assessment
• Get the information about the current situation (needs,
situation, financial capacity)
• Before making any strategic choices, it is important to
conduct a technology audit/assessment
-of technological gaps analysis (what do not have)
-is there technology required that we want available?
-benefits will get
• Question: any added value? Any benefits? If we selected this
new technology and then we implement it?)
11
Strategic analysis
Technology Gap analysis:
1. analyze the competitive position (leading, following, alone) of the
company with respect to its current technology.
2. analyze its competitive position relatively to the positive and negative
impact of new technology
(Question: using this technology will put my company into leading
position?)
= measure strengths and weaknesses with respect to the fit between
new technology and organizational competencies (leader, follower, alone)
Value analysis
• Value analysis, focuses on how much/how far the positive values of the
new technology to achieve the organization goals.
• Positive values: efficiency, market expansion, higher profit margin,
lower operation costs
12
Value
Value: is the perception/beliefs of the benefits*associated with
products/services offered, in relation to what customers are willing to
pay for.
*held to deserve, importance, significance, worth, usefulness, quality
etc.
Value = Customer perceived benefits
Cost
Not all quality product is low/high cost,
but “high quality product is definitely high cost”
13
Strategic analysis- 2. Technology Forecasting
1. Where to get the new technology?
Question: Does this technology available in Malaysia? Other country?
Question: How do we get it? (Technology Acquisition)
2. How long this new technology can be used? (Technology S Curve)
3. Any other supporting system required to let this technology
operates?
-maintenance/repair
-system (IT, wifi, electric, spaces)
14
Technology Forecast:
Determine the Technology Options available
15
Strategic analysis- 3,4,5 Analyse the
environment, the market/user, the
organization
After strategic analysis 1 and 2, firms go through
3. Analyze Environment: PESTLE
Political-policy,
Economic,
Social,
Technological-impact
Legal: laws and regulation
Environmental: menjaga alam sekitar
4. Analyze Market/users: The outputs (products/services from this new technology)
5. Analyze Organization: 4Ms + 1T (resources), SWOT
Strengths
Weaknesses
Opportunity
Threats
16
Strategic Choice: 6. Develop Mission
• Mission
• Vision
• Values
• Goals
-after they have got the selected new technology
17
Strategic Choice: 7. Design organization action
1. Plan (4Ms + 1T)
2. Execution/implement (4Ms + 1T)
3. Control (4Ms + 1T)
4. Evaluation (4Ms + 1T)
Manage (know-how) the actions 1, 2, 3, 4
18
Implementation: We go back to the
Technology Exploitation
19
20
TM
activities
acquisition
exploitation
identification
learning
protection
selection

More Related Content

What's hot

LECTURE 6: Technological Innovation
LECTURE 6: Technological InnovationLECTURE 6: Technological Innovation
LECTURE 6: Technological Innovation
BC Chew
 
LECTURE 5: Technology Life Cycle
LECTURE 5: Technology Life CycleLECTURE 5: Technology Life Cycle
LECTURE 5: Technology Life Cycle
BC Chew
 
LECTURE 1: Management of Technology: An Overview
LECTURE 1: Management of Technology: An OverviewLECTURE 1: Management of Technology: An Overview
LECTURE 1: Management of Technology: An Overview
BC Chew
 
LECTURE 3: Critical Factors in Managing Technology
LECTURE 3: Critical Factors in Managing TechnologyLECTURE 3: Critical Factors in Managing Technology
LECTURE 3: Critical Factors in Managing Technology
BC Chew
 
Essential of Technology Entrep. & Innovation- Chapter four technology life c...
Essential of Technology Entrep. & Innovation- Chapter four  technology life c...Essential of Technology Entrep. & Innovation- Chapter four  technology life c...
Essential of Technology Entrep. & Innovation- Chapter four technology life c...
Motaz Agamawi
 
Wk 3 critical factors in managing technology
Wk 3   critical factors in managing technologyWk 3   critical factors in managing technology
Wk 3 critical factors in managing technology
Saddan Juhari
 
Teknoloji Kullanimi - 1
Teknoloji Kullanimi - 1Teknoloji Kullanimi - 1
Teknoloji Kullanimi - 1
Aretiasus
 
10-Management of Technology
10-Management of Technology10-Management of Technology
10-Management of Technology
Wahyu Wijanarko
 
Technology life cycle
Technology life cycleTechnology life cycle
Technology life cycle
VijayKrKhurana
 
Technology Management
Technology Management Technology Management
Technology Management
Vimal SB
 
Overview of Technology Management
Overview of Technology ManagementOverview of Technology Management
Overview of Technology Management
Salman Memon
 
Introduction to Management of Technology
Introduction to Management of TechnologyIntroduction to Management of Technology
Introduction to Management of Technology
Tarek Salah
 
APPROACHES TO TECHNOLOGY STRATEGY
APPROACHES TO TECHNOLOGY STRATEGYAPPROACHES TO TECHNOLOGY STRATEGY
APPROACHES TO TECHNOLOGY STRATEGY
Omid Aminzadeh Gohari
 
Technology management
Technology managementTechnology management
Technology management
RajThakuri
 
technology transfer
technology transfertechnology transfer
technology transfer
priyanka yadav
 
Technology acquisition
Technology acquisitionTechnology acquisition
Technology acquisition
Rahul Kumar
 
Technology life cycle
Technology life cycleTechnology life cycle
Technology life cycle
MBAMithlesh
 
Technology acquisition & absorption
Technology acquisition & absorptionTechnology acquisition & absorption
Technology acquisition & absorption
desire120
 
Technology transfer & acquisition
Technology transfer & acquisitionTechnology transfer & acquisition
Technology transfer & acquisition
VijayKrKhurana
 
Approaches to technology strategy
Approaches to technology strategyApproaches to technology strategy
Approaches to technology strategy
Omid Aminzadeh Gohari
 

What's hot (20)

LECTURE 6: Technological Innovation
LECTURE 6: Technological InnovationLECTURE 6: Technological Innovation
LECTURE 6: Technological Innovation
 
LECTURE 5: Technology Life Cycle
LECTURE 5: Technology Life CycleLECTURE 5: Technology Life Cycle
LECTURE 5: Technology Life Cycle
 
LECTURE 1: Management of Technology: An Overview
LECTURE 1: Management of Technology: An OverviewLECTURE 1: Management of Technology: An Overview
LECTURE 1: Management of Technology: An Overview
 
LECTURE 3: Critical Factors in Managing Technology
LECTURE 3: Critical Factors in Managing TechnologyLECTURE 3: Critical Factors in Managing Technology
LECTURE 3: Critical Factors in Managing Technology
 
Essential of Technology Entrep. & Innovation- Chapter four technology life c...
Essential of Technology Entrep. & Innovation- Chapter four  technology life c...Essential of Technology Entrep. & Innovation- Chapter four  technology life c...
Essential of Technology Entrep. & Innovation- Chapter four technology life c...
 
Wk 3 critical factors in managing technology
Wk 3   critical factors in managing technologyWk 3   critical factors in managing technology
Wk 3 critical factors in managing technology
 
Teknoloji Kullanimi - 1
Teknoloji Kullanimi - 1Teknoloji Kullanimi - 1
Teknoloji Kullanimi - 1
 
10-Management of Technology
10-Management of Technology10-Management of Technology
10-Management of Technology
 
Technology life cycle
Technology life cycleTechnology life cycle
Technology life cycle
 
Technology Management
Technology Management Technology Management
Technology Management
 
Overview of Technology Management
Overview of Technology ManagementOverview of Technology Management
Overview of Technology Management
 
Introduction to Management of Technology
Introduction to Management of TechnologyIntroduction to Management of Technology
Introduction to Management of Technology
 
APPROACHES TO TECHNOLOGY STRATEGY
APPROACHES TO TECHNOLOGY STRATEGYAPPROACHES TO TECHNOLOGY STRATEGY
APPROACHES TO TECHNOLOGY STRATEGY
 
Technology management
Technology managementTechnology management
Technology management
 
technology transfer
technology transfertechnology transfer
technology transfer
 
Technology acquisition
Technology acquisitionTechnology acquisition
Technology acquisition
 
Technology life cycle
Technology life cycleTechnology life cycle
Technology life cycle
 
Technology acquisition & absorption
Technology acquisition & absorptionTechnology acquisition & absorption
Technology acquisition & absorption
 
Technology transfer & acquisition
Technology transfer & acquisitionTechnology transfer & acquisition
Technology transfer & acquisition
 
Approaches to technology strategy
Approaches to technology strategyApproaches to technology strategy
Approaches to technology strategy
 

Similar to L10 Technology Selection.pptx

Feasibility of a project
Feasibility of a projectFeasibility of a project
Feasibility of a project
Bikramjit Singh
 
Key concepts of Technology Management
Key concepts of Technology ManagementKey concepts of Technology Management
Descaling Organizational Complexity to Expedite Product Delivery_new
Descaling Organizational Complexity to Expedite Product Delivery_newDescaling Organizational Complexity to Expedite Product Delivery_new
Descaling Organizational Complexity to Expedite Product Delivery_new
Chandan Patary
 
Online auction system srs riport
Online auction system srs  riportOnline auction system srs  riport
Online auction system srs riport
Dilip Prajapati
 
Online auction system srs riport
Online auction system srs  riportOnline auction system srs  riport
Online auction system srs riport
Dilip Prajapati
 
Synopsis on billing system
Synopsis on billing systemSynopsis on billing system
Synopsis on billing system
Alok Sharma
 
Module 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdfModule 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdf
MASantos15
 
Introduction to Operations Management by Stevenson
Introduction to Operations Management by StevensonIntroduction to Operations Management by Stevenson
Introduction to Operations Management by Stevenson
Wafeeqa Wafiq
 
CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2
Ahmad Ammari
 
Unit Iii
Unit IiiUnit Iii
Unit Iii
Ram Dutt Shukla
 
Sadchap02
Sadchap02Sadchap02
Descaling Organizational Complexity to Expedite Product Delivery
Descaling Organizational Complexity to Expedite Product DeliveryDescaling Organizational Complexity to Expedite Product Delivery
Descaling Organizational Complexity to Expedite Product Delivery
Chandan Patary
 
ONLINE VOTING SYSTEM.docx
ONLINE VOTING SYSTEM.docxONLINE VOTING SYSTEM.docx
ONLINE VOTING SYSTEM.docx
DHEERAJSAINI71
 
Technology Strategy for Early Stage Companies
Technology Strategy for Early Stage CompaniesTechnology Strategy for Early Stage Companies
Technology Strategy for Early Stage Companies
Michael King
 
System Development Life Cycle(SDLC)
System Development Life Cycle(SDLC)System Development Life Cycle(SDLC)
System Development Life Cycle(SDLC)
mambopoa
 
System development life cycle
System development life cycleSystem development life cycle
System development life cycle
relekarsushant
 
Operation strategy and competitiveness.pptx
Operation strategy and competitiveness.pptxOperation strategy and competitiveness.pptx
Operation strategy and competitiveness.pptx
Shanthini28
 
09.consulting collaboration innovation imc thailand_dr_montri_v
09.consulting collaboration innovation imc thailand_dr_montri_v09.consulting collaboration innovation imc thailand_dr_montri_v
09.consulting collaboration innovation imc thailand_dr_montri_v
The Institute of Management Consultants Association of Thailand
 
WEEK2-Analyzing the Business Case.pdf
WEEK2-Analyzing the    Business Case.pdfWEEK2-Analyzing the    Business Case.pdf
WEEK2-Analyzing the Business Case.pdf
ssuser590cc81
 
Information resources, mis, csvtu
Information resources, mis, csvtuInformation resources, mis, csvtu
Information resources, mis, csvtu
Narender Chintada
 

Similar to L10 Technology Selection.pptx (20)

Feasibility of a project
Feasibility of a projectFeasibility of a project
Feasibility of a project
 
Key concepts of Technology Management
Key concepts of Technology ManagementKey concepts of Technology Management
Key concepts of Technology Management
 
Descaling Organizational Complexity to Expedite Product Delivery_new
Descaling Organizational Complexity to Expedite Product Delivery_newDescaling Organizational Complexity to Expedite Product Delivery_new
Descaling Organizational Complexity to Expedite Product Delivery_new
 
Online auction system srs riport
Online auction system srs  riportOnline auction system srs  riport
Online auction system srs riport
 
Online auction system srs riport
Online auction system srs  riportOnline auction system srs  riport
Online auction system srs riport
 
Synopsis on billing system
Synopsis on billing systemSynopsis on billing system
Synopsis on billing system
 
Module 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdfModule 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdf
 
Introduction to Operations Management by Stevenson
Introduction to Operations Management by StevensonIntroduction to Operations Management by Stevenson
Introduction to Operations Management by Stevenson
 
CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2
 
Unit Iii
Unit IiiUnit Iii
Unit Iii
 
Sadchap02
Sadchap02Sadchap02
Sadchap02
 
Descaling Organizational Complexity to Expedite Product Delivery
Descaling Organizational Complexity to Expedite Product DeliveryDescaling Organizational Complexity to Expedite Product Delivery
Descaling Organizational Complexity to Expedite Product Delivery
 
ONLINE VOTING SYSTEM.docx
ONLINE VOTING SYSTEM.docxONLINE VOTING SYSTEM.docx
ONLINE VOTING SYSTEM.docx
 
Technology Strategy for Early Stage Companies
Technology Strategy for Early Stage CompaniesTechnology Strategy for Early Stage Companies
Technology Strategy for Early Stage Companies
 
System Development Life Cycle(SDLC)
System Development Life Cycle(SDLC)System Development Life Cycle(SDLC)
System Development Life Cycle(SDLC)
 
System development life cycle
System development life cycleSystem development life cycle
System development life cycle
 
Operation strategy and competitiveness.pptx
Operation strategy and competitiveness.pptxOperation strategy and competitiveness.pptx
Operation strategy and competitiveness.pptx
 
09.consulting collaboration innovation imc thailand_dr_montri_v
09.consulting collaboration innovation imc thailand_dr_montri_v09.consulting collaboration innovation imc thailand_dr_montri_v
09.consulting collaboration innovation imc thailand_dr_montri_v
 
WEEK2-Analyzing the Business Case.pdf
WEEK2-Analyzing the    Business Case.pdfWEEK2-Analyzing the    Business Case.pdf
WEEK2-Analyzing the Business Case.pdf
 
Information resources, mis, csvtu
Information resources, mis, csvtuInformation resources, mis, csvtu
Information resources, mis, csvtu
 

More from BC Chew

Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...
Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...
Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...
BC Chew
 
Industry4wrd.pptx
Industry4wrd.pptxIndustry4wrd.pptx
Industry4wrd.pptx
BC Chew
 
Awareness Training on MHS 04102023.pptx
Awareness Training on MHS 04102023.pptxAwareness Training on MHS 04102023.pptx
Awareness Training on MHS 04102023.pptx
BC Chew
 
Expectation from Being a Postgraduate Student and Life Strategy as A Research...
Expectation from Being a Postgraduate Student and Life Strategy as A Research...Expectation from Being a Postgraduate Student and Life Strategy as A Research...
Expectation from Being a Postgraduate Student and Life Strategy as A Research...
BC Chew
 
EY Take 5.pdf
EY Take 5.pdfEY Take 5.pdf
EY Take 5.pdf
BC Chew
 
The Impact of COVID19 on Businesses.pptx
The Impact of COVID19 on Businesses.pptxThe Impact of COVID19 on Businesses.pptx
The Impact of COVID19 on Businesses.pptx
BC Chew
 
Common Research Methodology in Your Field.pptx
Common Research Methodology in Your Field.pptxCommon Research Methodology in Your Field.pptx
Common Research Methodology in Your Field.pptx
BC Chew
 
Literature Review
Literature ReviewLiterature Review
Literature Review
BC Chew
 
Technology Management: Technology Roadmapping
Technology Management: Technology RoadmappingTechnology Management: Technology Roadmapping
Technology Management: Technology Roadmapping
BC Chew
 
Common Research Methodology in Your Field (Business and Management Studies)
Common Research Methodology in Your Field (Business and Management Studies)Common Research Methodology in Your Field (Business and Management Studies)
Common Research Methodology in Your Field (Business and Management Studies)
BC Chew
 
Life Strategy as a Researcher (Soft Engineering)
Life Strategy as a Researcher (Soft Engineering)Life Strategy as a Researcher (Soft Engineering)
Life Strategy as a Researcher (Soft Engineering)
BC Chew
 
Talk for 360 Camera ITS
Talk for 360 Camera ITSTalk for 360 Camera ITS
Talk for 360 Camera ITS
BC Chew
 
Researcher and Research Student Enrichment Program (R2SEP)
Researcher and Research Student Enrichment Program (R2SEP)Researcher and Research Student Enrichment Program (R2SEP)
Researcher and Research Student Enrichment Program (R2SEP)
BC Chew
 
Teamwork in A Virtual Setting
Teamwork in A Virtual SettingTeamwork in A Virtual Setting
Teamwork in A Virtual Setting
BC Chew
 
Publication strategy
Publication strategyPublication strategy
Publication strategy
BC Chew
 
Green Architecture of the Malay Traditional Houses
Green Architecture of the Malay Traditional HousesGreen Architecture of the Malay Traditional Houses
Green Architecture of the Malay Traditional Houses
BC Chew
 
Research Philosophy
Research PhilosophyResearch Philosophy
Research Philosophy
BC Chew
 
Gobal Issues and New Business Trends
Gobal Issues and New Business Trends Gobal Issues and New Business Trends
Gobal Issues and New Business Trends
BC Chew
 

More from BC Chew (18)

Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...
Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...
Artificial Intelligence and The Sustainable Development Goals (SDGs) Adoption...
 
Industry4wrd.pptx
Industry4wrd.pptxIndustry4wrd.pptx
Industry4wrd.pptx
 
Awareness Training on MHS 04102023.pptx
Awareness Training on MHS 04102023.pptxAwareness Training on MHS 04102023.pptx
Awareness Training on MHS 04102023.pptx
 
Expectation from Being a Postgraduate Student and Life Strategy as A Research...
Expectation from Being a Postgraduate Student and Life Strategy as A Research...Expectation from Being a Postgraduate Student and Life Strategy as A Research...
Expectation from Being a Postgraduate Student and Life Strategy as A Research...
 
EY Take 5.pdf
EY Take 5.pdfEY Take 5.pdf
EY Take 5.pdf
 
The Impact of COVID19 on Businesses.pptx
The Impact of COVID19 on Businesses.pptxThe Impact of COVID19 on Businesses.pptx
The Impact of COVID19 on Businesses.pptx
 
Common Research Methodology in Your Field.pptx
Common Research Methodology in Your Field.pptxCommon Research Methodology in Your Field.pptx
Common Research Methodology in Your Field.pptx
 
Literature Review
Literature ReviewLiterature Review
Literature Review
 
Technology Management: Technology Roadmapping
Technology Management: Technology RoadmappingTechnology Management: Technology Roadmapping
Technology Management: Technology Roadmapping
 
Common Research Methodology in Your Field (Business and Management Studies)
Common Research Methodology in Your Field (Business and Management Studies)Common Research Methodology in Your Field (Business and Management Studies)
Common Research Methodology in Your Field (Business and Management Studies)
 
Life Strategy as a Researcher (Soft Engineering)
Life Strategy as a Researcher (Soft Engineering)Life Strategy as a Researcher (Soft Engineering)
Life Strategy as a Researcher (Soft Engineering)
 
Talk for 360 Camera ITS
Talk for 360 Camera ITSTalk for 360 Camera ITS
Talk for 360 Camera ITS
 
Researcher and Research Student Enrichment Program (R2SEP)
Researcher and Research Student Enrichment Program (R2SEP)Researcher and Research Student Enrichment Program (R2SEP)
Researcher and Research Student Enrichment Program (R2SEP)
 
Teamwork in A Virtual Setting
Teamwork in A Virtual SettingTeamwork in A Virtual Setting
Teamwork in A Virtual Setting
 
Publication strategy
Publication strategyPublication strategy
Publication strategy
 
Green Architecture of the Malay Traditional Houses
Green Architecture of the Malay Traditional HousesGreen Architecture of the Malay Traditional Houses
Green Architecture of the Malay Traditional Houses
 
Research Philosophy
Research PhilosophyResearch Philosophy
Research Philosophy
 
Gobal Issues and New Business Trends
Gobal Issues and New Business Trends Gobal Issues and New Business Trends
Gobal Issues and New Business Trends
 

Recently uploaded

JavaScript Interview Questions PDF By ScholarHat
JavaScript Interview  Questions PDF By ScholarHatJavaScript Interview  Questions PDF By ScholarHat
JavaScript Interview Questions PDF By ScholarHat
Scholarhat
 
BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...
BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...
BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...
Nguyen Thanh Tu Collection
 
A beginner’s guide to project reviews - everything you wanted to know but wer...
A beginner’s guide to project reviews - everything you wanted to know but wer...A beginner’s guide to project reviews - everything you wanted to know but wer...
A beginner’s guide to project reviews - everything you wanted to know but wer...
Association for Project Management
 
React Interview Question PDF By ScholarHat
React Interview Question PDF By ScholarHatReact Interview Question PDF By ScholarHat
React Interview Question PDF By ScholarHat
Scholarhat
 
Open Source and AI - ByWater Closing Keynote Presentation.pdf
Open Source and AI - ByWater Closing Keynote Presentation.pdfOpen Source and AI - ByWater Closing Keynote Presentation.pdf
Open Source and AI - ByWater Closing Keynote Presentation.pdf
Jessica Zairo
 
3. Maturity_indices_of_fruits_and_vegetable.pptx
3. Maturity_indices_of_fruits_and_vegetable.pptx3. Maturity_indices_of_fruits_and_vegetable.pptx
3. Maturity_indices_of_fruits_and_vegetable.pptx
UmeshTimilsina1
 
Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025
Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025
Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025
ALBERTHISOLER1
 
1. Importance_of_reducing_postharvest_loss.pptx
1. Importance_of_reducing_postharvest_loss.pptx1. Importance_of_reducing_postharvest_loss.pptx
1. Importance_of_reducing_postharvest_loss.pptx
UmeshTimilsina1
 
PRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdf
PRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdfPRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdf
PRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdf
nservice241
 
Java MCQ Questions and Answers PDF By ScholarHat
Java MCQ Questions and Answers PDF By ScholarHatJava MCQ Questions and Answers PDF By ScholarHat
Java MCQ Questions and Answers PDF By ScholarHat
Scholarhat
 
QCE – Unpacking the syllabus Implications for Senior School practices and ass...
QCE – Unpacking the syllabus Implications for Senior School practices and ass...QCE – Unpacking the syllabus Implications for Senior School practices and ass...
QCE – Unpacking the syllabus Implications for Senior School practices and ass...
mansk2
 
Node JS Interview Question PDF By ScholarHat
Node JS Interview Question PDF By ScholarHatNode JS Interview Question PDF By ScholarHat
Node JS Interview Question PDF By ScholarHat
Scholarhat
 
11. Post harvest quality, Quality criteria and Judgement.pptx
11. Post harvest quality, Quality criteria and Judgement.pptx11. Post harvest quality, Quality criteria and Judgement.pptx
11. Post harvest quality, Quality criteria and Judgement.pptx
UmeshTimilsina1
 
ASP.NET Core Interview Questions PDF By ScholarHat.pdf
ASP.NET Core Interview Questions PDF By ScholarHat.pdfASP.NET Core Interview Questions PDF By ScholarHat.pdf
ASP.NET Core Interview Questions PDF By ScholarHat.pdf
Scholarhat
 
Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...
Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...
Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...
Codeavour International
 
6. Physiological Disorder of fruits and vegetables.pptx
6. Physiological Disorder of fruits and vegetables.pptx6. Physiological Disorder of fruits and vegetables.pptx
6. Physiological Disorder of fruits and vegetables.pptx
UmeshTimilsina1
 
2 Post harvest Physiology of Horticulture produce.pptx
2 Post harvest Physiology of Horticulture  produce.pptx2 Post harvest Physiology of Horticulture  produce.pptx
2 Post harvest Physiology of Horticulture produce.pptx
UmeshTimilsina1
 
SQL Server Interview Questions PDF By ScholarHat
SQL Server Interview Questions PDF By ScholarHatSQL Server Interview Questions PDF By ScholarHat
SQL Server Interview Questions PDF By ScholarHat
Scholarhat
 
slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...
slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...
slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...
MANIVALANSR
 
FIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.ppt
FIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.pptFIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.ppt
FIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.ppt
ashutoshklal29
 

Recently uploaded (20)

JavaScript Interview Questions PDF By ScholarHat
JavaScript Interview  Questions PDF By ScholarHatJavaScript Interview  Questions PDF By ScholarHat
JavaScript Interview Questions PDF By ScholarHat
 
BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...
BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...
BỘ ĐỀ THI HỌC SINH GIỎI CÁC TỈNH MÔN TIẾNG ANH LỚP 9 NĂM HỌC 2023-2024 (CÓ FI...
 
A beginner’s guide to project reviews - everything you wanted to know but wer...
A beginner’s guide to project reviews - everything you wanted to know but wer...A beginner’s guide to project reviews - everything you wanted to know but wer...
A beginner’s guide to project reviews - everything you wanted to know but wer...
 
React Interview Question PDF By ScholarHat
React Interview Question PDF By ScholarHatReact Interview Question PDF By ScholarHat
React Interview Question PDF By ScholarHat
 
Open Source and AI - ByWater Closing Keynote Presentation.pdf
Open Source and AI - ByWater Closing Keynote Presentation.pdfOpen Source and AI - ByWater Closing Keynote Presentation.pdf
Open Source and AI - ByWater Closing Keynote Presentation.pdf
 
3. Maturity_indices_of_fruits_and_vegetable.pptx
3. Maturity_indices_of_fruits_and_vegetable.pptx3. Maturity_indices_of_fruits_and_vegetable.pptx
3. Maturity_indices_of_fruits_and_vegetable.pptx
 
Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025
Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025
Brigada Eskwela 2024 PowerPoint Update for SY 2024-2025
 
1. Importance_of_reducing_postharvest_loss.pptx
1. Importance_of_reducing_postharvest_loss.pptx1. Importance_of_reducing_postharvest_loss.pptx
1. Importance_of_reducing_postharvest_loss.pptx
 
PRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdf
PRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdfPRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdf
PRESS RELEASE - UNIVERSITY OF GHANA, JULY 16, 2024.pdf
 
Java MCQ Questions and Answers PDF By ScholarHat
Java MCQ Questions and Answers PDF By ScholarHatJava MCQ Questions and Answers PDF By ScholarHat
Java MCQ Questions and Answers PDF By ScholarHat
 
QCE – Unpacking the syllabus Implications for Senior School practices and ass...
QCE – Unpacking the syllabus Implications for Senior School practices and ass...QCE – Unpacking the syllabus Implications for Senior School practices and ass...
QCE – Unpacking the syllabus Implications for Senior School practices and ass...
 
Node JS Interview Question PDF By ScholarHat
Node JS Interview Question PDF By ScholarHatNode JS Interview Question PDF By ScholarHat
Node JS Interview Question PDF By ScholarHat
 
11. Post harvest quality, Quality criteria and Judgement.pptx
11. Post harvest quality, Quality criteria and Judgement.pptx11. Post harvest quality, Quality criteria and Judgement.pptx
11. Post harvest quality, Quality criteria and Judgement.pptx
 
ASP.NET Core Interview Questions PDF By ScholarHat.pdf
ASP.NET Core Interview Questions PDF By ScholarHat.pdfASP.NET Core Interview Questions PDF By ScholarHat.pdf
ASP.NET Core Interview Questions PDF By ScholarHat.pdf
 
Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...
Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...
Codeavour 5.0 International Impact Report - The Biggest International AI, Cod...
 
6. Physiological Disorder of fruits and vegetables.pptx
6. Physiological Disorder of fruits and vegetables.pptx6. Physiological Disorder of fruits and vegetables.pptx
6. Physiological Disorder of fruits and vegetables.pptx
 
2 Post harvest Physiology of Horticulture produce.pptx
2 Post harvest Physiology of Horticulture  produce.pptx2 Post harvest Physiology of Horticulture  produce.pptx
2 Post harvest Physiology of Horticulture produce.pptx
 
SQL Server Interview Questions PDF By ScholarHat
SQL Server Interview Questions PDF By ScholarHatSQL Server Interview Questions PDF By ScholarHat
SQL Server Interview Questions PDF By ScholarHat
 
slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...
slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...
slidesgo-mastering-the-art-of-listening-insights-from-robin-sharma-2024070718...
 
FIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.ppt
FIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.pptFIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.ppt
FIRST AID PRESENTATION ON INDUSTRIAL SAFETY by dr lal.ppt
 

L10 Technology Selection.pptx

  • 1. Technology Selection -Free to choose -Not being forced -Many options 1
  • 2. Management (individual-company) • Individual ---- Business (company) -4Ms -4Ms -Time -Time -Self (physically, mentally) -organization (physically, culture) -quality (products, services, process) -quality (products, services, process) -dream -mission, vision, objectives 2
  • 3. Technology Selection • Technology Selection is a decision making capability on select one/more technology(technologies) • Involves selecting technologies to support your company business needs. • Includes two sub process: selection and implementation/exploitation. 3
  • 7. Technology selection (individual) 1. Do I need this particular technology? 2. Do I have this particular technology? 3. Is this particular technology new? 4. Where is this technology? 5. Internal factors: functions of the technology, benefits it brings, added value 6. External factors: near future usage, family --------------------------------------------------------- 7. Develop goal, mission, vision (your thought, your feeling) 8. Plan how to use it --------------------------------------------------------- 8. Implement/technology exploition 7
  • 8. Technology Selection (at the company level) 1 Technology audit 2 Forecast the technology 3 Analyse the environment 4 Analyse the market/user 5 Analyse the organization 6 Develop the mission 7 Design organizational actions 8 Implementation (Technology Exploitation) Strategic analysis Strategic choice 8
  • 9. New production technology in a company 9
  • 10. Current Production technology in your company 10
  • 11. Strategic analysis- 1: Technology Audit/assessment • Get the information about the current situation (needs, situation, financial capacity) • Before making any strategic choices, it is important to conduct a technology audit/assessment -of technological gaps analysis (what do not have) -is there technology required that we want available? -benefits will get • Question: any added value? Any benefits? If we selected this new technology and then we implement it?) 11
  • 12. Strategic analysis Technology Gap analysis: 1. analyze the competitive position (leading, following, alone) of the company with respect to its current technology. 2. analyze its competitive position relatively to the positive and negative impact of new technology (Question: using this technology will put my company into leading position?) = measure strengths and weaknesses with respect to the fit between new technology and organizational competencies (leader, follower, alone) Value analysis • Value analysis, focuses on how much/how far the positive values of the new technology to achieve the organization goals. • Positive values: efficiency, market expansion, higher profit margin, lower operation costs 12
  • 13. Value Value: is the perception/beliefs of the benefits*associated with products/services offered, in relation to what customers are willing to pay for. *held to deserve, importance, significance, worth, usefulness, quality etc. Value = Customer perceived benefits Cost Not all quality product is low/high cost, but “high quality product is definitely high cost” 13
  • 14. Strategic analysis- 2. Technology Forecasting 1. Where to get the new technology? Question: Does this technology available in Malaysia? Other country? Question: How do we get it? (Technology Acquisition) 2. How long this new technology can be used? (Technology S Curve) 3. Any other supporting system required to let this technology operates? -maintenance/repair -system (IT, wifi, electric, spaces) 14
  • 15. Technology Forecast: Determine the Technology Options available 15
  • 16. Strategic analysis- 3,4,5 Analyse the environment, the market/user, the organization After strategic analysis 1 and 2, firms go through 3. Analyze Environment: PESTLE Political-policy, Economic, Social, Technological-impact Legal: laws and regulation Environmental: menjaga alam sekitar 4. Analyze Market/users: The outputs (products/services from this new technology) 5. Analyze Organization: 4Ms + 1T (resources), SWOT Strengths Weaknesses Opportunity Threats 16
  • 17. Strategic Choice: 6. Develop Mission • Mission • Vision • Values • Goals -after they have got the selected new technology 17
  • 18. Strategic Choice: 7. Design organization action 1. Plan (4Ms + 1T) 2. Execution/implement (4Ms + 1T) 3. Control (4Ms + 1T) 4. Evaluation (4Ms + 1T) Manage (know-how) the actions 1, 2, 3, 4 18
  • 19. Implementation: We go back to the Technology Exploitation 19