Technological Leadership V 2 0 Click for Text

Technological Leadership V 2. 0 Click for Text Technological Leadership 1

Agenda • • Technology Leadership Technology Management Components Technology Assessment Technology Forecasting Technology Transfer Technology Management Process Technology Life Cycle Managing Innovation and Commercialization Click for Text Technological Leadership 2

Who Is a Technology Leader? • Technology developers • Technology commercializers • Technology stewards Those who specify and build the systems Those who figure out how to make a profit Those who get the systems built and employed Click for Text Project Process Technological Leadership Product USE 3

Who Is a Technology Leader? • Technology stewards üUser management üProject managers & clients üProcess managers üProduct owners Click for Text Project Process Technological Leadership Product USE 4

Technology Leadership • Three components: ü ü Assessment Forecasting Management Transfer • A technological leader fosters technological innovation, and understands the technology life cycle. • Such a leader initiates and steers commercialization of technological advances, links business and technology strategies, manages technology R&D and understands technological revolutions. Click for Text Technological Leadership 5

Technology Management Components • Technology Assessment üEvaluating technologies as they are created üTo make wise investments, understand the true costs, improve existing technologies, and develop ways of employing technologies • Technology Forecasting üPredicting what technologies are going to be available üTo strategize technology use, second-guess the competition, stay on top of the technology wave 6 Click for Text

Technology Management Components • Technology Management üDeveloping and using appropriate technologies üTo lead the technology, employ it in the best way, and to profit from technology use. • Technology Transfer ü Helping others learn the benefits and uses of appropriate technologies ü Making technologies available to others Click for Text Technological Leadership 7

Technology Assessment: Two examples Evaluation Research • Goal is to measure the effectiveness of particular technologies on particular desired outcomes and rule out other causes as the source of the outcome. • Technique is to measure baseline values, based on critical success factors, and measure over time Click for Text Technological Leadership 8

Technology Assessment: Two examples Benchmarking • Goal is to compare your product or system with the best in the marketplace and to determine what you must do to have the equivalent of the best • Technique is to determine desired outcomes, find best in class technology and characterize it, compare, and move the quality horizon. Click for Text Technological Leadership 9

Technology Forecasting • • Limitations Assumptions Philosophical basis Problems Click for Text Technological Leadership 10

Technology Forecasting • Group-based üFocus groups; üGSS; üDelphi; panels üScenario planning • Studies üLife-cycle studies, ühistorical analysis, ütrend, cultural, political, economic analysis Click for Text Technological Leadership 11

Technology Transfer Innovation Infusion Rest of Organization Dilution Adaptation Evolution Technology Innovation Source Click for Text Commercialization Technological Leadership 12

Technology Management Process Develop the technology plan Plan Find out what is needed, forecast Research technologies, assess technology menu Find out what is available, Procure or developing acquisition Develop and finance strategies Monitor use, develop improvement strategies, adhere to technology plan Improve Commercialize, transfer, plan for obsolescence, train, manage culture clash Click for Text Control Scrap, reinvoke management cycle Dispose 13

Technology Management Process Develop the technology plan Plan Find out what is needed, forecast technologies, assess technology menu Research Find out what is available, developing acquisition and finance strategies Procure or Develop Monitor use, develop improvement strategies, adhere to technology plan Improve Commercialize, transfer, plan for obsolescence, train, manage culture clash Click for Text Control Scrap, reinvoke management cycle Dispose 14

Technology Life Cycle Mature Technology Market penetration, Use, Acceptance, Volume, etc. Substitution and Obsolescence Application Growth Development Application Launch Click for Text Technological Leadership Time 15

Managing Innovation and Commercialization Science Scientific Knowledge Business Strategy Discovery Invention Business strategy Fundamental Questions Science Engineering Research Projects Click for Text Industrial R&D Policy Research Projects R&D New Products or Processes Applied Research and Prototypes Manufacturable Designs Development Projects Pilot Plant Testing Initial Production Testing and Refinement Pilot and Production Research Publication Technology Product Introduction Technological Leadership Marketing/ 16 Commercialization

Commercialization and Marketing of Technology Profit Sales Are all internally developed systems “loss leaders”? Breakeven Click for Text Time Technological Leadership 17