Technology Management Name Institution: Professor: Course: Date: Abstract This paper focuses on Technology management in corporations and its impact to the corporation. I have identified several issues of concern and real life incidents that have occurred due to poor management of technology…
Download full paperFile format: .doc, available for editing
Download file to see previous pages
I have discussed various strategies and techniques that can be used to improve the management of technology in a business organization and their impact. Each strategy is given a specific time which if accurately followed will produce some projected results. Technology Management The role of technology in the production industry can never be overlooked. It is clear that the more the use of advanced technology in the industry the better the results. However, the use of technology must be managed appropriately to ensure that it has been used efficiently and that the technology meets the expected results. Hence it is good for a business organization that incorporates technology in production to consider proper management of technology to increase profits and avoid losses. There are several issues of concern that are practices of poor technology management. One of them is having a weak internal technical support (Treat, 2011). Often the technical support is given to the computer experts who perform the work in addition to their regular job responsibilities. This causes the expert not to give their full attention to this work and this leads to poor performance. Another aspect is the keeping of older technology for too long. Old methods of technology in production need a lot of repair and fail often. This leads to a high business downtime, where the systems of production are rarely available (Bidgoli, 2010). This means that production time is wasted during repair hence reducing production. Older technology also work slowly and inefficiently hence does less work compared to use of up to date technology. Hence we can conclude that keeping older technology for too long is a poor practice that heavily costs productions. One more issue concerning poor technology management is lack of proper training to the employees (Tesar et al. 2004). Proper understanding of a computer system to the employee will enable them to easily perform the expected operations. When new technology or application is introduced into the organization, proper training of the users is essential for increased productivity. Another very crucial aspect of management of technology is the lack keeping the current software licenses (Harrison & Samson, 2002). If a business organization fails to keep their software licenses current, they greatly miss out on critical software updates. This also hinders access to technical support that would expose the users to new ideas and features and this holds back people from being as productive as possible. There are several strategies and techniques that can be used to improve technology management. One of it is to keep the users well trained on all the operations of technology. Training should not be done only when the user in been introduced to the technology, but should be frequently done so as to perfect the users knowledge and expertise on the use of technology. Another very effective technique is to put in place a strong internal technical support team. This team should be completely dedicated to technical operations support and research and should not have any other responsibilities. This empowers the team to concentrate on the use of technology in the most efficient way to increase production. Use of a good data backup is critical in good technology management. This technique ensures regular data backup to all business related information. Good policies and tools to manage backup of information regularly should be established. This ensures that even if the
...Download file to see next pagesRead More
Cite this document
(“Technology Management Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Technology Management Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/management/1449621-technology-management
(Technology Management Essay Example | Topics and Well Written Essays - 750 Words)
Technology Management Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/management/1449621-technology-management.
“Technology Management Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1449621-technology-management.
This report discusses the impact of the development of ICT and the role of ICT, along with the role of emerging digital economy, strategic thinking and policy making by managers in a company. The basic reason for writing this essay is to check the strategic thinking under the advanced and growing factors.
In the contemporary world, the state of business affairs has become highly composite in nature. Acute competitions in almost all the business segments in the market have forced the firms to upgrade their quality and quantity of business operations. This essay will be elaborating on three such related topics.
The author will consider the performance and demands of the products in the market in the light of the theoretical framework developed by Christensen. He will discuss the contribution of Christensen’s concepts in developing the strategy for avoiding the disruption in the market from the point of view of incumbent.
With effective HRM, corporate culture and new forms of organising (NFO), Fremap is able to satisfy customers, compete successfully, grow the business, conduct operations, and achieve corporate goals.
According to Joan Enric Ricart, a professor of Business Policy, Sandra Sieber and Silviya Svejenova, doctoral candidates of the IESE Business School at University Navarra in Spain, there are various forces that affect the acceleration of competitive change: increased globalisation, time-based competition, continuous short-cycle innovation, and technological change.
"Strategic information management represents a move away from conventional business thinking and practice". http://www.paconsulting.com/insights/managing_for_shareholder_value/services/entry_msv_04_strategic_information_management.htm
The majority scholars might concur that we are by now well on our way through the conversion from an industrial economy to an information economy.
Railways in the public transportation especially account for over 50% of the total market share in the public transport. This makes it clear that the rail transport market in the UK public transport industry not only forms an integral part of the public transportation but also contributes to the Gross Domestic Product.
The general Privacy issues concerned with RFID tags involve - Consumer profiling and tracking which are high in retail segment
The current study tries to identify the advantage and disadvantages of the RFID in the distribution sector from the privacy perspective.
Thus, technology and communication systems are often installed to help businesses to gain competitive advantage in order to capture and hold market share.
However, the public sector also has targets to meet. It is pervasive that the public sector
However this move is a daring one and would involve taking risk since the entire system would need to be upgraded onto new setup. Although it has its own accounting background in place, yet it is no way near the requirements of a larger brand like Zara. A limited staff
Failure of the information systems would mean that the IT department is the pivot of all the communication in any business. With the development in technological systems, companies are striving to become digital firms. Currently, information systems offer
5 Pages(1250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Technology Management Essay"
with a personal 20% discount.