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.
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