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Technology Management
                By
      Dr. Vijay Kr Khurana
What is Technology Management?
• Technology Management (MOT) is concerned with
  development, planning, implementation & assessment
  of technological capabilities to shape and accomplish
  the strategic & operational objectives of an
  organization or central planning goals and priorities of
  a nation.
• Technology Management can also be defined as the
  integrated planning, design, optimization, operation
  and control of technological products, processes and
  services, a better definition would be the management
  of the use of technology for human advantage
• Technology Management is set of management
  disciplines that allows organizations to manage its
  technological fundamentals to create competitive
  advantage.
What is Technology Management?
• The Association of Technology, Management, and
  Applied Engineering defines Technology Management
  as the field concerned with the supervision of
  personnel across the technical spectrum and a wide
  variety of complex technological systems. Technology
  Management programs typically include instruction in
  production and operations management, project
  management, computer applications, quality control,
  safety and health issues, statistics, and general
  management principles.
• Typical concepts used in technology management are
  technology strategy ,technology forecasting ,
  technology road-mapping (mapping technologies to
  business and market needs), technology project
  portfolio ( a set of projects under development) and
  technology portfolio (a set of technologies in use).
What is Technology
          Management?
Technology Management (MOT) is mainly carried out at two
  levels:
• At National Level
• At Enterprise Level
What is Technology
         Management?
• a. Technology Management (MOT) At National Level
  ---
  main obejective of is to assure that the nation and
  its business firms gain sustainable technological
  compeitiveness in the international markets and
  maintain strong position in the international
  business on long-term basis.
What is Technology
         Management?
a. At national level, the domain of technology
   management includes the following areas:
• Developing approprate technology strategy for the
   nation (e.g. internalisation vs externalisation
   strategy of the nation)
• Technology forecasting (i.e. forecasting the
   technological changes)
• Justification / appropriateness of new technology
   (including justification for technology adoption )
• Sustainable technologies; development of
   renewable energy technologies
• Sustainable economic growth
• Planning national technology portfolio
What is Technology Management?
a.   Contd …
•    Knowledge mangement (i.e. creation, deployment
     and protection of national technological knowledge
     base)
•    Managing external technology acquisitions viz
     guidelines for foreign technology collaborations
•    Managing technology absorption
•    Managing technology diffusion
•    Performance measurement of new technology
•    Technology and environment management (Green
     accounting, Environment Protection Act, 1986 etc)
•    Technolgy and health & societal management
What is Technology
         Management?
• b. Technology Management (MOT) At Enterprise
  Level ----
  main obejective is to assure that the firm gains &
  maintains a srong position in its core technologies
  which are relevant to its product-market
  relationship and that these technologies support
  the firm’s competitive strategies.
What is Technology Management?
• b. Overview of Technology Management (MOT) At
  Enterprise Level ----
What is Technology Management?
• b. Evolution of Technology Management (MOT) At
  Enterprise Level ----
What is Technology Management?
b. At enterprise level, MOT includes following areas:
• Developing technology strategy (e.g. leader versus
   follower strategy)
• Technology forecasting
• Managing enterprise’s technology portfoio
• Technovation (technology innovation)
• Knowledge management (e.g. creation, deployment,
   transfer and protection of firm specific
   technological knowledge viz through patent etc)
• Implementation of new technology (including its
   integration with the existing structure, systems and
   workforce)
What is Technology Management?
b. Contd…
• Technology transfer (inculding problems &
   management issues), Technology absorption
   (inculding problems & management issues)
• Managing technology change (including
   organizational issues viz productivity and quality of
   work life)
• Integration of engineering (R&D) and management
   (of new project) leading to successful
   implementation / commercialization
• Integration of product and process technology ( for
   delivering the objects)
What is Technology Management?
c. contd…
• Technology advancement (e.g. learning and process
   improvement)
• Managing technology at the boundary / border of
   the firm (e.g. collaboration and coordination with
   supply chain partners and customers) and
   Technology diffusion (from firm to suppliers and
   customers)
• Performance measurement of new technology (e.g.
   technlogy assessment, technology audit and
   feedback)
• Technology and environmental sustainability (e.g.
       environmental impact assessment, environmental
                     audit, discharge of environmental
                     responsibility, green marketing
The Key Tasks of MOT
The key tasks of MOT at enterprise level may be
  summed up as below:
• Technology Planning like deciding technology
  strategy, selecting appropriate technologies etc.
• R&D Management
• Innovation Management
• Strategic Management of Technology (SMOT)
Strategic Management of Technology
              ( SMOT)
• Strategic Management of Technology (SMOT)
  means that the product, service or process
  technologies of an organization / enterprise are
  managed from a long range prespective, as these
  technologies have wide-ranging effects on all levels
  and functions in the organization.
• Importance / benefits of SMOT
  ???
STRATEGIC TECHNOLOGY
    MANAGEMENT SYSTEM (STMS)
• Strategic Technology Management System (STMS)
  calls for adopting systems approach in the
  organization on long term basis i.e. STMS
  emphasizes systematic management of technology
  on long term basis as the technology moves along its
  life cycle from birth to decline.
STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
• Strategic Technology Management System is a
  systems life cycle approach for strategic
  management of technology that includes eight
  phases as shown below:
Phases of STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
I. Technology Creation
This phase involves creation & generation of new
  technologies. This phase involves following activities
  :
• Creativity & Invention
• Innovation
• Senior management commitment to technology
  creation and generation
• Developing requisite & supportive corporate culture
  for promoting technology creation and generation
Phases of STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
II. Technology Monitoring
This phase calls for monitoring technology trends and
    changes before implementing new technology. It
    involves following activities :
• Installing & developing information systems for
    monitoring technological trends and changes
• Competitive analysis to understand
    competitiveness provided by existing and
    prospective technologies
• Customer & supplier interfaces to understand
    market and technological changes
• People links (viz. internal staff, research bodies
       etc) to understand market trends and
    technological changes
Phases of STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
III. Technology Assessment
This phase involves following activities :
• Understanding directions of markets in terms of
  technology
• Integration of technology & business planning
• Customer interfaces to assess the commercial
  feasibilty of prospective technologies
• Assessing contributions of technology projects to
  business strategy
Phases of STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
IV. Technology Transfer
This phase leads to transfer of technology from
  external source to own Research and Development
  (R&D); and internally from R&D to production. This
  phase involves following activities :
• Entering strategic alliances to develop or acquire
  potential technologies
• Using product design teams for reaping benefits of
  planned technological change
• Reducing functional barriers to technology transfer
• Utilizing people links for successful technology
  transfer i.e. involving people across the organization
Phases of STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
V. Technology Acceptance
This phase calls for acceptance of technology as a
  beneficial change and involves following activities :
• Supportive organizational design & structures
• Supportive corporate culture
• Senior management commitment
• Asessment of impacts of technological change on
  orgnanization, enhancing benefits, reducing adverse
  effects, smoothening barriers / hurdles in the
  change
Phases of STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
VI. Technology Utilization
This phase involves following activities :
• Effective project management for seeking maximum
  utilization
• Process technologies to support and facilitate
  maximum utilization
• Supportive marketing starategies, efforts and
  utilizing feedback for improvement
This phase leads to technology growth as reflected by
  incease in sales.
Phases of STRATEGIC TECHNOLOGY
   MANAGEMENT SYSTEM (STMS)
VII. Technology Maturity
This phase involves analyzing maturity of existing
  technology and its related products / services /
  processes through study of following indicators:
• Efficiency vs. effectiveness contributed by the
  current technologies in attaining organizational
  goals
• Market stability in terms of volumes / sales
• Rise of substitutes in the marketplace
• Diminished returns on investment
• Decline of market share
      • Loss of competitiveness in the marketplace
Phases of STRATEGIC TECHNOLOGY
    MANAGEMENT SYSTEM (STMS)
VIII. Technology Decline
• This is the last phase. During this phase a technology
  and its related products / services / proceses/
  applications show substantial / sharp decline in usage
  / applications / sales. Technology and its associated
  products or services become ordinary commodity.
  Technology degrades and becomes obsolete.
• This phase calls for movement to new technological
  opportunities.
• Thereafter the cycle re-starts by the creation of a
  new technlogy / movement towards a new technology.
  All the above steps are repeated .
Technology Management
                By
      Dr. Vijay Kr Khurana

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Technology management

  • 1. Technology Management By Dr. Vijay Kr Khurana
  • 2. What is Technology Management? • Technology Management (MOT) is concerned with development, planning, implementation & assessment of technological capabilities to shape and accomplish the strategic & operational objectives of an organization or central planning goals and priorities of a nation. • Technology Management can also be defined as the integrated planning, design, optimization, operation and control of technological products, processes and services, a better definition would be the management of the use of technology for human advantage • Technology Management is set of management disciplines that allows organizations to manage its technological fundamentals to create competitive advantage.
  • 3. What is Technology Management? • The Association of Technology, Management, and Applied Engineering defines Technology Management as the field concerned with the supervision of personnel across the technical spectrum and a wide variety of complex technological systems. Technology Management programs typically include instruction in production and operations management, project management, computer applications, quality control, safety and health issues, statistics, and general management principles. • Typical concepts used in technology management are technology strategy ,technology forecasting , technology road-mapping (mapping technologies to business and market needs), technology project portfolio ( a set of projects under development) and technology portfolio (a set of technologies in use).
  • 4. What is Technology Management? Technology Management (MOT) is mainly carried out at two levels: • At National Level • At Enterprise Level
  • 5. What is Technology Management? • a. Technology Management (MOT) At National Level --- main obejective of is to assure that the nation and its business firms gain sustainable technological compeitiveness in the international markets and maintain strong position in the international business on long-term basis.
  • 6. What is Technology Management? a. At national level, the domain of technology management includes the following areas: • Developing approprate technology strategy for the nation (e.g. internalisation vs externalisation strategy of the nation) • Technology forecasting (i.e. forecasting the technological changes) • Justification / appropriateness of new technology (including justification for technology adoption ) • Sustainable technologies; development of renewable energy technologies • Sustainable economic growth • Planning national technology portfolio
  • 7. What is Technology Management? a. Contd … • Knowledge mangement (i.e. creation, deployment and protection of national technological knowledge base) • Managing external technology acquisitions viz guidelines for foreign technology collaborations • Managing technology absorption • Managing technology diffusion • Performance measurement of new technology • Technology and environment management (Green accounting, Environment Protection Act, 1986 etc) • Technolgy and health & societal management
  • 8. What is Technology Management? • b. Technology Management (MOT) At Enterprise Level ---- main obejective is to assure that the firm gains & maintains a srong position in its core technologies which are relevant to its product-market relationship and that these technologies support the firm’s competitive strategies.
  • 9. What is Technology Management? • b. Overview of Technology Management (MOT) At Enterprise Level ----
  • 10. What is Technology Management? • b. Evolution of Technology Management (MOT) At Enterprise Level ----
  • 11. What is Technology Management? b. At enterprise level, MOT includes following areas: • Developing technology strategy (e.g. leader versus follower strategy) • Technology forecasting • Managing enterprise’s technology portfoio • Technovation (technology innovation) • Knowledge management (e.g. creation, deployment, transfer and protection of firm specific technological knowledge viz through patent etc) • Implementation of new technology (including its integration with the existing structure, systems and workforce)
  • 12. What is Technology Management? b. Contd… • Technology transfer (inculding problems & management issues), Technology absorption (inculding problems & management issues) • Managing technology change (including organizational issues viz productivity and quality of work life) • Integration of engineering (R&D) and management (of new project) leading to successful implementation / commercialization • Integration of product and process technology ( for delivering the objects)
  • 13. What is Technology Management? c. contd… • Technology advancement (e.g. learning and process improvement) • Managing technology at the boundary / border of the firm (e.g. collaboration and coordination with supply chain partners and customers) and Technology diffusion (from firm to suppliers and customers) • Performance measurement of new technology (e.g. technlogy assessment, technology audit and feedback) • Technology and environmental sustainability (e.g. environmental impact assessment, environmental audit, discharge of environmental responsibility, green marketing
  • 14. The Key Tasks of MOT The key tasks of MOT at enterprise level may be summed up as below: • Technology Planning like deciding technology strategy, selecting appropriate technologies etc. • R&D Management • Innovation Management • Strategic Management of Technology (SMOT)
  • 15. Strategic Management of Technology ( SMOT) • Strategic Management of Technology (SMOT) means that the product, service or process technologies of an organization / enterprise are managed from a long range prespective, as these technologies have wide-ranging effects on all levels and functions in the organization. • Importance / benefits of SMOT ???
  • 16. STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) • Strategic Technology Management System (STMS) calls for adopting systems approach in the organization on long term basis i.e. STMS emphasizes systematic management of technology on long term basis as the technology moves along its life cycle from birth to decline.
  • 17. STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) • Strategic Technology Management System is a systems life cycle approach for strategic management of technology that includes eight phases as shown below:
  • 18. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) I. Technology Creation This phase involves creation & generation of new technologies. This phase involves following activities : • Creativity & Invention • Innovation • Senior management commitment to technology creation and generation • Developing requisite & supportive corporate culture for promoting technology creation and generation
  • 19. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) II. Technology Monitoring This phase calls for monitoring technology trends and changes before implementing new technology. It involves following activities : • Installing & developing information systems for monitoring technological trends and changes • Competitive analysis to understand competitiveness provided by existing and prospective technologies • Customer & supplier interfaces to understand market and technological changes • People links (viz. internal staff, research bodies etc) to understand market trends and technological changes
  • 20. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) III. Technology Assessment This phase involves following activities : • Understanding directions of markets in terms of technology • Integration of technology & business planning • Customer interfaces to assess the commercial feasibilty of prospective technologies • Assessing contributions of technology projects to business strategy
  • 21. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) IV. Technology Transfer This phase leads to transfer of technology from external source to own Research and Development (R&D); and internally from R&D to production. This phase involves following activities : • Entering strategic alliances to develop or acquire potential technologies • Using product design teams for reaping benefits of planned technological change • Reducing functional barriers to technology transfer • Utilizing people links for successful technology transfer i.e. involving people across the organization
  • 22. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) V. Technology Acceptance This phase calls for acceptance of technology as a beneficial change and involves following activities : • Supportive organizational design & structures • Supportive corporate culture • Senior management commitment • Asessment of impacts of technological change on orgnanization, enhancing benefits, reducing adverse effects, smoothening barriers / hurdles in the change
  • 23. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) VI. Technology Utilization This phase involves following activities : • Effective project management for seeking maximum utilization • Process technologies to support and facilitate maximum utilization • Supportive marketing starategies, efforts and utilizing feedback for improvement This phase leads to technology growth as reflected by incease in sales.
  • 24. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) VII. Technology Maturity This phase involves analyzing maturity of existing technology and its related products / services / processes through study of following indicators: • Efficiency vs. effectiveness contributed by the current technologies in attaining organizational goals • Market stability in terms of volumes / sales • Rise of substitutes in the marketplace • Diminished returns on investment • Decline of market share • Loss of competitiveness in the marketplace
  • 25. Phases of STRATEGIC TECHNOLOGY MANAGEMENT SYSTEM (STMS) VIII. Technology Decline • This is the last phase. During this phase a technology and its related products / services / proceses/ applications show substantial / sharp decline in usage / applications / sales. Technology and its associated products or services become ordinary commodity. Technology degrades and becomes obsolete. • This phase calls for movement to new technological opportunities. • Thereafter the cycle re-starts by the creation of a new technlogy / movement towards a new technology. All the above steps are repeated .
  • 26. Technology Management By Dr. Vijay Kr Khurana