Technology Management
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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 activitie ...
disciplines that allows organizations to manage their technological fundamentals to create customer advantage. Typical concepts used in technology management are: * Technology strategy (a logic or role of technology in organization), * Technology forecasting (identification of possible relevant technologies for the organization, possibly through technology scouting), *
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 includ ...
(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 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 enti ...
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 o ...
. 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 (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 (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

* Technology forecasting *
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 ...
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Industrial engineering Industrial engineering is an engineering profession that is concerned with the optimization of complex processes, systems, or organizations by developing, improving and implementing integrated systems of people, money, knowledge, information an ...
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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 ...
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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 ...
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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 ...


References

{{Authority control Technological management Management by type Technology systems