Technology management is a set of
management
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business.
Management includes the activities o ...
disciplines that allows organizations to manage their
technological
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, ...
fundamentals to create
customer advantage. Typical concepts used in technology management are:
* Technology strategy (a logic or role of technology in organization),
*
Technology forecasting
Technology forecasting attempts to predict the future characteristics of useful technological machines, procedures or techniques. Researchers create technology forecasts based on past experience and current technological developments. Like other ...
(identification of possible relevant technologies for the organization, possibly through
technology scouting
Technology scouting is an element of technology management in which
:(1) emerging technologies are identified,
:(2) technology related information is channeled into an organization, and
:(3) supports the acquisition of technologies.
It is a sta ...
),
*
Technology roadmap
A technology roadmap is a flexible planning schedule to support strategic and long-range planning, by matching short-term and long-term goals with specific technology solutions. It is a plan that applies to a new product or process and may include ...
(mapping technologies to business and market needs), and
* Technology project portfolio (a set of projects under development) and technology portfolio (a set of technologies in use).
The role of the technology management function in an organization is to understand the value of certain technology for the organization. Continuous development of technology is valuable as long as there is a value for the customer and therefore the technology management function in an organization should be able to argue when to invest on technology development and when to withdraw.
Overview
Technology management can also be defined as the integrated planning, design, optimization, operation and control of technological products, processes and services, a better definition would be the management of the use of technology for human advantage.
Technology Management was deemed an emerging field of study by the Department of Education and received a new Classification of Instructional Program (CIP) code in 2020. Technology Management education is defined as a program that prepares individuals to develop science, technical, and business skills required for management of people and systems in technology-based industries, government agencies, and non-profit organizations. Includes instruction in computer applications, general management principles, production and operations management, project management, quality control, safety and health issues, and statistics
52.0216 2020 CIP Code
Perhaps the most authoritative input to our understanding of technology is the
diffusion of innovations
Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and technology spread. Everett Rogers, a professor of communication studies, popularized the theory in his book ''Diffusion of Innovations''; the book ...
theory developed in the first half of the twentieth century. It suggests that all innovations follow a similar diffusion pattern – best known today in the form of an "s" curve though originally based upon the concept of a standard distribution of adopters. In broad terms the "s" curve suggests four phases of a technology life cycle – ''emerging'', ''growth'', ''mature'' and ''aging''.
These four phases are coupled to increasing levels of acceptance of an
innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity ...
or, in our case a new technology. In recent times for many technologies an inverse curve – which corresponds to a declining cost per unit – has been postulated. This may not prove to be universally true though for information technology where much of the cost is in the initial phase it has been a reasonable expectation.
The second major contribution to this area is the Carnegie Mellon
Capability Maturity Model The Capability Maturity Model (CMM) is a development model created in 1986 after a study of data collected from organizations that contracted with the U.S. Department of Defense, who funded the research. The term "maturity" relates to the degree of ...
. This model proposes that a series of progressive capabilities can be quantified through a set of threshold tests. These tests determine ''repeatability'', ''definition'', ''management'' and ''optimization''. The model suggests that any organization has to master one level before being able to proceed to the next.
The third significant contribution comes from Gartner – the research service, it is the
Hype cycle
The Gartner hype cycle is a graphical presentation developed, used and branded by the American research, advisory and information technology firm Gartner to represent the maturity, adoption, and social application of specific technologies. The hy ...
, this suggests that our modern approach to marketing technology results in the technology being over hyped in the early stages of growth. Taken together, these fundamental concepts provide a foundation for formalizing the approach to managing technology.
Mobile device management
Mobile device management
Mobile device management (MDM) is the administration of mobile devices, such as smartphones, tablet computers, and laptops. MDM is usually implemented with the use of a third-party product that has management features for particular vendors of m ...
(MDM) is the administrative area dealing with deploying, securing, monitoring, integrating and managing mobile devices, such as smartphones, tablets and laptops, in the workplace and other areas. The intent of MDM is to optimize the functionality and security of mobile devices within the enterprise, while simultaneously protecting the corporate network. MDM is usually implemented with the use of a third party product that has management features for particular vendors of mobile devices.
Modern Mobile Device Management products supports tablets, Windows 10 and macOS computers. The practice of using MDM to control PC is also known as
unified endpoint management.
Accreditation and certification
The
Association of Technology, Management, and Applied Engineering (ATMAE), accredits selected collegiate programs in technology management. An instructor or graduate of a technology management program may choose to become a Certified Technology Manager (CTM) by sitting for a rigorous exam administered by ATMAE covering production planning & control, safety, quality, and management/supervision.
ATMAE program accreditation is recognized by the
Council for Higher Education Accreditation
The Council for Higher Education Accreditation (CHEA) is a United States organization of degree-granting colleges and universities. It identifies its purpose as providing national advocacy for academic quality through accreditation in order t ...
(CHEA) for accrediting technology management programs. CHEA recognizes ATMAE in the U.S. for accrediting associate, baccalaureate, and master's degree programs in technology, applied technology, engineering technology, and technology-related disciplines delivered by national or regional accredited institutions in
the United States.(2011)
See also
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Technology forecasting
Technology forecasting attempts to predict the future characteristics of useful technological machines, procedures or techniques. Researchers create technology forecasts based on past experience and current technological developments. Like other ...
*
Innovation management
Innovation management is a combination of the management of innovation processes, and change management. It refers to product, business process, marketing and organizational innovation. Innovation management is the subject of ISO 56000 (formerly ...
*
Industrial engineering
Industrial engineering is an engineering profession that is concerned with the optimization of complex process (engineering), processes, systems, or organizations by developing, improving and implementing integrated systems of people, money, kno ...
*
Engineering management
Engineering management is the application of the practice of management to the practice of engineering.
Engineering management is a career that brings together the technological problem-solving ability of engineering and the organizational, admini ...
*
Dominant design Dominant design is a technology management concept introduced by James M. Utterback and William J. Abernathy in 1975, identifying key technological features that become a de facto standard. A dominant design is the one that wins the allegiance of t ...
*
History of science and technology
The history of science and technology (HST) is a field of history that examines the understanding of the natural world (science) and the ability to manipulate it (technology) at different points in time. This academic discipline also studies the c ...
References
{{Authority control
Technological management
Management by type
Technology systems