Importance of Strategic Management of Technology

PUNEET GUPTA STRATEGIC MANAGEMENT OF TECHNOLOGY Technology must be managed strategicalalally, when it is not, long consequences can undermine gilds future. Lets begin with grammatical case of IBM :IBM isolated the development of its personal Computer engineering by means of the use of its south Florida sunk workings. Sunk works was undeniably successful in delivering IBMs PC to the market place quality, but this ad hoc approach failed to integrate PC engine room into the operational thinking of company, lacking ability to network with some other hardware, attacked by low price colones, IBM was unable to maintain its dominance, so this ad hoc approach with no strategic management prove suicidal for IBM, its just one, but thither are several(prenominal) examples which shows the importance of strategic management of technology. The strategic management of technology is authorized to utilize the results of advance technology in the near productive manner to offer more competitive products and services.

It aims to increase the cost effectiveness of investments in technology development and in conclusion contribution to the value of enterprise If there is no coherent framework, that is no strategic planning is done in advance to have a go at it with technolgy, practioner ordain definitely encounter difficulties to move with the complexities of ------------------. But if there is amended framework with the things defined clearly, based on integrating of management with the comprehensive elements of companys technological infrastructure, will help the practioner to increase output. Not only this, importance of strategic management of technology can be seen from the fact that the companys like KODAK prepared a detailed strategic technology that discuss how technology affects various business and item products end process, to help educate managers through out the design of technology in companys strategy. These days, it is very important for company to... If you want to get a full essay, nightspot it on our website: Orderessay

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