The 10 Basic Tenets of Technology Management

February 6, 2007

*Guiding principles for an enterprise to operate within a Technology Cycle framework.

 1.        Value diversification is a poor substitute for the management of technology (MOT). 

  • Value diversification is the improvement of stockholders’ investments in a company through quick-fix solutions on paper, such as mergers, acquisitions, and other stock-enhancing strategies. 

2.        Manufacturing must keep pace with inventiveness and marketability.

3.        Quality and total productivity are inseparable concepts in managing technology.

4.        It is management’s responsibility to bring about technological change and job security for long-term competitiveness.

5.        Technology must be the “servant,” not the “master.”  The “master” is still the human being. 

6.        The consequences of technology selection can be more serious than expected because of systemic effects.

7.        Continuous education and training in a constantly changing workplace is a necessity, not a luxury.

8.        The technology gradient is a dynamic component of the technology management process, to be monitored for strategic advantage. The technology gradient is a dynamic component of the technology management process, to be monitored for strategic advantage. 

9.        The RTC factor must be carefully analyzed and meticulously monitored for gaining the most out of any technology, particularly a new one.

10.   Information linkage must keep pace with technology growth.

 I usually post my s7ven. But i was preparing for the big day and found this 10

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6 Responses to “The 10 Basic Tenets of Technology Management”

  1. Ree Tanjuatco Says:

    Hmmm I’d like you to expound more on this. Can you elaborate on each item? Maybe a series of 10 blog posts explaining each item. I dont quite get it in numbered/bulleted format. It’s so… presentation-ish =)

  2. tivo Says:

    I was hoping somebody will ask for that, thank you. Don’t worry my next 10 post will dig into the tenets of MOT.

  3. Ree Tanjuatco Says:

    Looking forward to it. :)

  4. Mark Says:

    Just a few comments:

    * A “tenet” is defined as a doctrine that is proclaimed true without proof. I don’t think it has a place in management since the discipline was supposedly founded to infuse reasoning and logical thinking into business.

    * Value diversification is not limited to the improvement of stockholders’ investment (although ultimately all management decisions are supposed to result in that). Value diversification is meant to ensure the sustainability of a firm by spreading the risk across multiple, ideally complementary types of businesses across various industries.

    * Mergers and acquisitions are not quick-fix solutions! Although some companies may utilise it as such, that is not the right way to use it. M&A’s can be an effective means to implement a long-term corporate strategy that would’ve taken a longer time without it.

    * It is the whole organisation that must keep pace with inventiveness and marketability, not just manufacturing. We must remove ourselves from this departmental way of thinking where manufacturing, marketing, hr, and finance are separate entities. Any organisation that still thinks like that is bound to fail. These four pillars of the organisation should realise that they must all work together on the same objectives for the success of the company.

  5. managementheadaches Says:

    In regards to item #7: Continuous education and training in a constantly changing workplace is a necessity, not a luxury.

    We have an executive who posed this problem and agree that continuous training is definitely a need. If you have anything else you can share on this post, pls feel free to leave a comment!

    We use a project management system that assigns tasks and displays who is accountable to take care of each responsibility. Yet, at the end of the day I continue to see tasks are not done in a timely matter. Read more here: http://managementheadaches.wordpress.com/2008/03/28/5paying-through-the-nose-in-salaries-and-not-getting-the-results-i-want/

  6. tivo Says:

    hi managementheadaches, can you elaborate ‘We have an executive who posed this problem and agree that continuous training is definitely a need’.

    The executive agree that continious learning is a need yet this posed as a problem?

    on time and resource management, asiigning a task is not enough to make sure the task will be completed on time, as there are dependencies on tasks and the competence of the resource needs to be aligned with the task – ergo continous learning.


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