Technology Management
Technology Management can be defined as the integrated planning, design, optimization, operation and control of technological products, processes and services.
It is used to manage the technological capabilities to shape and accomplish the operational and strategic objectives of an organization.
Technology Management
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Design of Technology Strategy
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Management of Science, Technology, and the Commercialization of Innovations
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Technology centered Entrepreneurship
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Strategic Technology Planning and Market Forecasting
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Management of Research & Development
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Acquisition and Exploitation of Technology
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Management of Technology Transfer
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Copyright, Patents, Intellectual Property
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Marketing and Licensing of Technology
Technology is key to Wealth Creation
Technology Management focuses on managing the systems that enable the creation, acquisition and exploitation of technology for competitive advantage and wealth creation through commercialization.
Strategic Alignment Model of Business and Technology
The business strategy and technology need to be strategically aligned to achieve the companies goals and to achieve the best return on it's technology investments.
The integrated business-and-technology plan, shown above, involves an 11-step management process. In in the early phases of the planning process, step (1, 2, 4, 5) the business strategy and technology strategy are developed separately. This initial separation in the planning effort is desirable for a number of reasons:
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The two areas of strategic analysis require different expertise.
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The planning for the business and the technology aspects of the firm is often conducted at different times.
