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Technology and Innovation management - Essay Example

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The topic clearly states that both technology and innovation are dynamic and keep on changing from time to time. It is also brought out in the topic that…
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Extract of sample "Technology and Innovation management"

Technology and Innovation Management Topic Part I Laying the Foundation: Established the Foundation for the Exploration of Management of Innovation and Technology
Part one of the course is concerned with laying the foundation for the exploration of management of innovation technology. The topic clearly states that both technology and innovation are dynamic and keep on changing from time to time. It is also brought out in the topic that both the firm and the society as a whole are influenced by this dynamic nature of technology and innovation. Just as the nature of technology and innovation, the impact on both the firm and the society is also dynamic and ongoing.
It is also clear in the topic that with new technologies, it is very possible for industries to be created or perhaps disappear very quickly. The best example for the creation and disappearance of industries due to the emergence of new technologies is manifestation of the many technological changes in the music industry. The topic also defines strategic management as an ongoing process upon which an organization aligns itself to meeting the challenges brought out by the changing environment.
I have learnt that this part of the topic is much related to IT networking administrator, my place of work. As an IT networking administrator, I see the dynamic nature of technology and innovation as something that will require me to constantly keep in touch with it. Consistent with the tenets of strategic management, as an IT networking administrator must implement policies that will lead to meeting the objectives of the group.
Course topic part II Innovation: Internal Strategy
Part II of the topic is concerned with how firms create new technology, processes or products to meet their internal objectives. The topic asserts that though process innovation is difficult to implement, firms should strive to develop or make improvements in their systems and process to make it a reality. Further, the topic points out that leadership, engagement, and extension are the main elements necessary for effective implementation of an innovation.
As noted by Ashton, Metzler & Associates (n.d) an IT networking administrator need to be in a position that is up to date with the current innovation. As an IT networking administrator, I see myself as a leader who needs to integrate leadership qualities, engagement and extension into my day-to-day operations for my career to be successful.
Course topic part III: Obtaining Technology: External Strategy
This part of the topic asserts that planning process is normally affected by the external method used by a given business. In addition, the topic points out that for proper implementation of an innovation, a firm requires to address the four primary elements, which include execution, leadership, integration and alignment.
The topic winds up by positing that evaluation and control are two key parts of the methods required by the external acquisition of technology. In this case, the role of the leader is to recognize that innovation and technology are not isolated entities in affirm, but rather things that can influence the firm and they can be impacted upon by a number of functions within the organization.
This part of the topic is very interesting to an IT networking administrator, a job I am currently holding. The topic is relevant to how as an IT administrator I ought to integrate the external acquisition of innovation and technology into the group. As an IT networking administrator, I have learnt that innovation and technology should be treated as isolated entities, but things that can have profound impacts in the group where I am working.
References
Ashton, J.M., Metzler & Associates. (n.d). The Changing Role of the Network Administrator.
Retrieved 27th April 2015, from, http://www.techdata.com/techsolutions/Softwareconnections/files/april10/Ipswitch_Changing%20Role%20of%20Network%20Administrator.pdf Read More
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