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• The core concept of technology management is the effective and
strategic utilization of technology resources to support the goals and
objectives of an organization.
• Technology management involves planning, implementing, and
evaluating technology systems and solutions to enhance operational
efficiency, improve productivity, and achieve competitive advantage.
• It encompasses all aspects of technology within an organization,
including hardware, software, networks, data management, and
digital processes.
SCOPE OF TECHNOLOGY MANAGEMENT
• 1. Strategic alignment: Technology management aims to align technology
initiatives with the overall business strategy and goals of the organization. This
involves identifying technology needs, setting priorities, and ensuring that
technology investments are in line with the strategic direction of the organization.
• 2. Technology assessment and selection: It involves evaluating and selecting the
right technologies that meet the specific needs and requirements of the
organization. This includes assessing available options, considering cost and
benefits, and making informed decisions about technology adoption.
• 3. Implementation and integration: After selecting suitable technology solutions,
technology management involves planning and executing the implementation
and integration processes. This includes deploying new systems, configuring
networks, migrating data, and training employees to effectively use the new
technologies.
4. Performance monitoring and optimization: Technology management involves continuously monitoring and
assessing the performance of technology systems to identify areas for improvement. This includes analyzing data,
identifying bottlenecks or inefficiencies, and optimizing technology resources to maximize their impact on the
organization.
5. Risk management and security: Technology management includes assessing and managing risks associated with
technology systems, such as data breaches, system failures, or cyber threats. It involves implementing security
measures, disaster recovery plans, and ensuring compliance with relevant regulations and industry standards.
The core concept of technology management is to leverage technology as a strategic asset and enabler for the
organization's growth and success. It involves effective planning, implementation, and ongoing optimization of
technology resources to support the overall business objectives.

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technology mgt.pptx FOR BBA, MBA, BCOM AND MORE

  • 1.
  • 2. • The core concept of technology management is the effective and strategic utilization of technology resources to support the goals and objectives of an organization. • Technology management involves planning, implementing, and evaluating technology systems and solutions to enhance operational efficiency, improve productivity, and achieve competitive advantage. • It encompasses all aspects of technology within an organization, including hardware, software, networks, data management, and digital processes.
  • 3. SCOPE OF TECHNOLOGY MANAGEMENT • 1. Strategic alignment: Technology management aims to align technology initiatives with the overall business strategy and goals of the organization. This involves identifying technology needs, setting priorities, and ensuring that technology investments are in line with the strategic direction of the organization. • 2. Technology assessment and selection: It involves evaluating and selecting the right technologies that meet the specific needs and requirements of the organization. This includes assessing available options, considering cost and benefits, and making informed decisions about technology adoption. • 3. Implementation and integration: After selecting suitable technology solutions, technology management involves planning and executing the implementation and integration processes. This includes deploying new systems, configuring networks, migrating data, and training employees to effectively use the new technologies.
  • 4. 4. Performance monitoring and optimization: Technology management involves continuously monitoring and assessing the performance of technology systems to identify areas for improvement. This includes analyzing data, identifying bottlenecks or inefficiencies, and optimizing technology resources to maximize their impact on the organization. 5. Risk management and security: Technology management includes assessing and managing risks associated with technology systems, such as data breaches, system failures, or cyber threats. It involves implementing security measures, disaster recovery plans, and ensuring compliance with relevant regulations and industry standards. The core concept of technology management is to leverage technology as a strategic asset and enabler for the organization's growth and success. It involves effective planning, implementation, and ongoing optimization of technology resources to support the overall business objectives.