1. Definition of Technology Technology Components Salient Features of Technology Classification of Technology Concept of Technology Management Nature of Technology Management Drivers of MOT Responding to Technology Challenge

2. Define technology and understand differenttechnology types Explain the concept and significance of technologymanagement Understand the challenges of technology changesand the way organization can respond to it 3. OrganizationSustainable competitive advantage andlong-term profitability Management of TechnologyAcademic InstitutionsA new discipline 4. TECHNE The LOGESThe skills orknowledge ofDiscussion or howcraft neededknowledge of something isto make somethingmade somethingthe knowledge, products, processes, tools, methods and systems employed in the creation of goods or inproviding services [ Tarek Khalil (2000) ] 5. Hardware Any physical productSoftware The knowledge of how to use the hardware in order tocarry out the required tasksBrainware The reasons for using the technology in a particular way 6. ChangeWidespread EffectsSelf-reinforcingComplexAmoral 7. NewTacit EmergingTechnologyCodified HighLowMedium 8. New Tacit EmergingAny newly introduced or Technology implemented technology that hasCodified Highan explicit impact on the way a company produces products or provides services LowMediumClassified as a new whenever introduced for the first time in a Example : new situationNew computer software Has a profound effect on introduced to develop improving productivity andengineering drawing andmaintaining a competitivethus replace manual drafting business enterprise 9. Any technology that is not yet fullyNew commercialized but will becomeso within a few years Tacit EmergingIt may be currently in limited usebut is expected to evolve Technology Codified High significantly Create new industries and mayLowMediummake existing ones obsolete Have the potential of triggeringlarge changes in institutions and in society itself 10. New Tacit Emerging Refers to advanced orsophisticated technologies TechnologyCodifiedHigh Wide set of technologies that LowMedium fall between high and lowtechnologiesTechnologies that havepermeated large segments ofhuman society 11. Non articulated knowledge nouniformity in the way it is presented or expressed to a large group ofpeopleBased on experiences where thetechnology developers are the ones Newwho have the know-how in questionTransmitted by demonstration or Tacit Emergingobservation, followed by assimilation by those who seek the knowledge Technology Occurs by close contact andCodified High interaction between the source andthe hostTransferring process is harder, less LowMediumprecise and more time-consuming 12. Technology can be preserved & Neweffectively transferred amongTacit Emergingusers if it is expressed in a coded form Technology Allow people to know how Codified High technology works but notnecessarily why it works in a LowMediumcertain wayExample :Engineering drawing expressing shape, dimensionand tolerances about a product 13. Management of Technology An interdisciplinary field concerned with theplanning, development and implementation oftechnological capabilities to shape and accomplish the operational and strategic objectives of an organization[National Research Council Report (1987)] 14. It is a ProcessPlanningDevelopmentImplementation / Commercialization It is Goal OrientedSatisfying human needsImproving the competitive advantage and profitability of enterprise It is an Interdisciplinary Mix It is a System It Involves Risk It is Socially Beneficial It is Evolutionary 15. Change in Change in ScopeTechnologyChange inChange in Asset Competition ValuationChange in Focus for Change in EmphasisNationalon Knowledge Competitiveness Management 16. Shared ValuesStrategy Structure SystemsSkillsStaff Style 17. Technologyconsists of3interdependentcomponents. Technology can beclassified asnew, emerging, high, medium, low, tacit and codified. Technology management is a process, goal orientedsystem and interdisciplinary mix. It is evolutionary innature. Technology management is an engine of economicgrowth and improves quality of life of people insociety. 18