MANAGEMENT OF

TECHNOLOGY

Technology management is set of

management disciplines that allows
organizations to manage their
technological fundamentals to create
competitive advantage

LEVELS OF MANAGEMENT
1. At National Level
2. At Enterprise Level

AT NATIONAL LEVEL
Developing appropriate technology
strategy for the nation.
Technology forecasting
Sustainable technologies.
Sustainable economic growth
Knowledge management
Planning national technology
portfolio

AT ENTERPRISE LEVEL
Managing enterprises technology
portfolio.
Knowledge management
Technology transfer and technology
absorption
Implementation of new technology
Technology advancement

STRATEGIC MANAGEMENT OF
TECHNOLOGY(SMOT)
SMOT means that the product, service
or process technologies of an
organization/enterprise are managed
from a long range perspective, as these
technologies have wide-ranging effects
on all levels and functions in the
organization,.

IMPORTANCE OF SMOT
Improvement in quality thus leading
to high quality product.
Substantially reduced production
costs.
Taking advantage of economics of
scale.
Reduction in overall cycle time
Increase in manufacturing capacity

STRATEGIC TECHNOLOGY
MANAGEMENT SYSTEM(STMS)
Strategic technology management
system involves management of
technology on long term basis as the
technology move from birth to
decline.

STMS CYCLE
TECHNOLOGY
CREATION
TECHNOLOGY
MONITORING

TECHNOLOGY
DECLINE

TECHNOLOGY
MATURITY

TECHNOLOGY
ASSESEMENT

TECHNOLOGY
UTILISATION

TECHNOLOGY
TRANSFER

TECHNOLOGY
ACCEPTANCE