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In today's complex, dynamic competitive landscape, management of technology can mean the difference between success and failure. Managers and researchers alike need effective ways to conceptualize and develop technology strategies. Richard Goodman and Michael Lawless provide tools needed to integrate firms' technology capabilities with their competitive direction.Technology and Strategy presents models that help put technology and its market impacts into perspective. It addresses the broad questions of how technology and markets evolve, how technology can re-order the "rules" of competition, and how it can shift the balance of individual firms' competitive advantage. It also blends topics currently capturing attention in business circles--such as Total Quality Management and the resource-based view of the firm--into a clear view of technology management programs.Technology and Strategy also describes methods to develop specific strategies to cope with challenges facing executives--like evaluating promising, but untried, new technologies. Using actual case studies from the electronics and bio-tech industries, Goodman and Lawless demonstrate the use of new techniques to formulate strategy, including Technology Mapping and the Innovation Audit. Both were created to help executives choose the approach to technology best suited to their firms' particular capabilities.Offering clear, practical guidance through a complex, fast-changing world of competition, this new analysis of technology and strategy is a valuable guide for general managers, R&D and manufacturing managers, strategic planners, and academics.
How can managers effectively integrate technological capabilities with competitive strategy to ensure long-term firm success? Michael W. Lawless and Richard A. Goodman provide a structured framework for executives and researchers to navigate the complexities of technology management. By synthesizing concepts like the resource-based view of the firm and Total Quality Management, the authors offer a diagnostic approach to evaluating market evolution and competitive advantage. The text serves as a bridge between theoretical academic models and the practical demands of high-stakes corporate decision-making.
What You Will Find
Experts recognize this work as a foundational text for bridging the gap between R&D management and high-level corporate strategy. Readers frequently note the clarity of the diagnostic tools provided, making it a standard reference for strategic planners and manufacturing managers operating in dynamic markets.
Page Count:
304
Publication Date:
1994-10-06
Publisher:
Oxford University Press
ISBN-10:
0195079493
ISBN-13:
9780195079494
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