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Tools. Technology Management Activities and Tools. Definition. ‘tools’, ‘techniques’, ‘procedures’, ‘processes’, ‘models’, ‘maps’ and ‘frameworks’.
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Tools Technology Management Activities and Tools
Definition • ‘tools’, ‘techniques’, ‘procedures’, ‘processes’, ‘models’, ‘maps’ and ‘frameworks’. • Phaal et al.’s study (2006): “in the broadest sense, tools include devices for supporting both action/practical application and frameworks for conceptual understanding”.
Innovation Management ToolsSource: Hidalgo, A. and Albors, J., 2008 • Knowledge management tools • Knowledge audits • Knowledge mapping • Document Management • IPR Management • Market intelligence techniques • Technology Watch/Technology Search • Patents Analysis • Business Intelligence • CRM: Customer relationshipmanagement • Geo-marketing • Cooperative and networking tools • Groupware • Team-building • Supply Chain Management • Industrial Clustering
Human resources management techniques • Teleworking • Corporate intranets • On-line recruitment • e-Learning • Competence Management • Interface management approaches • R&D - Marketing InterfaceManagement • Concurrent Engineering • Creativity development techniques • Brainstorming • Lateral Thinking • TRIZ • Scamper Method • Mind Mapping
Process improvement techniques • Benchmarking • Workflow • Business process re-engineering • Just in Time • Innovation project management techniques • Project management • Project appraisal • Project portfolio management • Design and product development management tools • CAD systems • Rapid Prototyping • Usability approaches • Quality Function Deployment • Value analysis • Business creation tools • Business Simulation • Business Plan • Spin-off from research to market
Eng & TM toolsSource: Dhillon, 2002 • Decision making tools: • decision trees, optimizationtechniques, discounted cash flow analysis, learning curve analysis, depreciationanalysis, fault tree analysis, and forecasting methods. • Project management tools: • project selection methods and models, project managementtechniques, and project managers responsibilities, qualifications, selection,and reporting.
Eng design andproduct costing tools: • design types and approaches,engineering design manpower, design reviews and design review team, reasonsfor product costing, product life cycle costing, and new product pricing. • Creativity and innovation • Concurrent eng • Value eng • Reverse eng • TQM • Maintenance management
Patent analysis • It is the systematic analysis of patent databases for a particular purpose. • Used mainly for: • Acquisition (both R&D Management and Mergers and Acquisitions) • Identification • Protection
Patent analysis The process: • Patent search • Classification of patents • Visualisation
Portfolio Management • A portfolio is a bundle of projects and/or programs that are grouped together to facilitate the effective management of them to meet strategic business objectives • Used mainly for: • Acquisition • Exploitation • Protection
Portfolio Management The process: • Individual project selection • optimal portfolio selection • Adjusting portfolio (Note: selection includes to satisfy the goals of: • Maximizing the value of the portfolio, • Providing balance, • Supporting the firm strategy)
Roadmapping • Provides an integrating framework that summarises at a high level (on one page) the various strategic elements that must be aligned to achieve the overall organisational goals. • Used mainly for: • Identification • Selection • Acquisition
Roadmapping The process: • Technology-product-market analysis • Roadmap creation • Defined targets • Project proposals • Maintenance of the first roadmap • Roll out the roadmapping process
S-curve • S-curves illustrate the life cycle of a phenomenon that starts off slow, grows rapidly, tapers or levels off, and then finally declines. • Used mainly for: • Identification • Selection • Protection
S-curve The process: • deciding on a performance metric • Collecting data • the stage of the technology in hand is analyzed over the S-Curve
Stage-gate • Divides the whole project into several stages after which go/no go decisions are made based on the predetermined criteria. • Used mainly for: • Acquisition • Selection • Exploitation
Stage-gate • The process: • Idea generation • Scoping • Building business cases • Development • Test/validation • Launch
Value analysis • An interdisciplinary problem-solving activity in improving the value of the functions that are required to accomplish the goal or objective of any product, process, service, or organization. • Used mainly for: • Identification • Selection • Exploitation
Value analysis • The process: • Preparation and Orientation • Information • Functions • Solutions • Value • Implementation
Source: http://www.ccesoft.com/e-zine/value%20innovation.htm