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What is Management of Technology?

Management of Technology is concerned with exploring and understanding technology as a corporate resource that determines both the strategic and operational capabilities of the firm in designing and developing products and services for maximum customer satisfaction, corporate productivity, profitability and competitiveness. [1]

Modern technology plays a decisive role in corporate development and the competitive positioning of firms, not only in traditional technology-based firms but also in companies in financial services, logistics, publishing and others, where technology has become the decisive competitive edge. Companies are trying to address challenging questions such as:

  • How do the abundant technological opportunities affect our mission, objectives and strategies?
  • Which technology do we need and when?
  • How do we procure the technology needed, by ourselves, through cooperation, through purchasing?
  • How do we implement the required technology in our operations?

anwar y m ragab

utm univ Malaysia

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