TECHNOLOGY MANAGEMENT PROCESS FRAMEWORK
Abstract: The effective
management of technology
as a source
of competitive advantage
is of vital importance for many organizations. It
is necessary to understand, communicate and integrate technology strategy with
marketing, financial, operations
and human resource
strategies. This is
of particular importance when
one considers the
increasing cost, pace
and complexity of
technology developments, combined with
shortening product life cycles.
A five process
model provides a
framework within which technology management
activities can be
understood: identification, selection,
acquisition, exploitation and protection.
Based on this
model, a technology
management assessment procedure
has been developed, using
an ``action research’’
approach. This paper
presents an industrial
case study describing the first
full application of the procedure within a high-volume manufacturing business.
The impact of applying the procedure is assessed in terms of benefits to the
participating business, together with improvements to the assessment procedure
itself, in the context of the action research framework.
Author: Ikura Yamamoto, Darminto
Pujotomo
Journal Code: jptindustrigg060001
