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CHAPTER 12 Strategic Issues in Managing Technology and Innovation

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1 CHAPTER 12 Strategic Issues in Managing Technology and Innovation
STRATEGIC MANAGEMENT & BUSINESS POLICY 11TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER Prentice Hall, Inc. © 2008 Prentice Hall 2006

2 Executive Fear over loss of Innovation
Prentice Hall, Inc. © 2008 Prentice Hall 2006

3 The Role of Management –
Technology and Innovation The Role of Management – Innovation Management of technology Prentice Hall, Inc. © 2008 Prentice Hall 2006

4 Environmental Scanning –
Technology and Innovation Environmental Scanning – External Scanning New developments in technology Prentice Hall, Inc. © 2008 Prentice Hall 2006

5 Impact of Stakeholders on Innovation –
Technology and Innovation Impact of Stakeholders on Innovation – Lead Users Process Lay the foundation Determine the trends Identify lead users Develop the breakthrough Prentice Hall, Inc. © 2008 Prentice Hall 2006

6 Impact of Stakeholders on Innovation –
Technology and Innovation Impact of Stakeholders on Innovation – Market Research New Product Acquisition Prentice Hall, Inc. © 2008 Prentice Hall 2006

7 Environmental Scanning –
Technology and Innovation Environmental Scanning – Internal Scanning Resource development Experimentation Risk taking New ideas Autonomous project teams Prentice Hall, Inc. © 2008 Prentice Hall 2006

8 Environmental Scanning –
Technology and Innovation Environmental Scanning – Resource Allocation Issues R&D intensity Time to market issues Prentice Hall, Inc. © 2008 Prentice Hall 2006

9 Product & Process R&D Innovation Life Cycle
Prentice Hall, Inc. © 2008 Prentice Hall 2006

10 Outsourcing Technology –
Technology and Innovation Outsourcing Technology – Low significant to competitive advantage Supplier has proprietary technology Supplier’s better Strategy based on design not development Requires special expertise Requires new people and resources Prentice Hall, Inc. © 2008 Prentice Hall 2006

11 Intellectual property –
Technology and Innovation Intellectual property – Special knowledge used in new product or process Prentice Hall, Inc. © 2008 Prentice Hall 2006

12 Technological Competence
Technology and Innovation Technological Competence Absorptive capacity Technological competence Prentice Hall, Inc. © 2008 Prentice Hall 2006

13 Categories of Innovation
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14 Product/Market Evolution Portfolio Matrix
Prentice Hall, Inc. © 2008 Prentice Hall 2006

15 Stages of New Product Development
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16 Innovative Organizations –
Technology & Innovation Innovative Organizations – Positive attitude toward change Decentralized decision making Informal structure Interconnectedness Organizational slack Large size System openness Prentice Hall, Inc. © 2008 Prentice Hall 2006

17 Designs for Corporate Entrepreneurship
Prentice Hall, Inc. © 2008 Prentice Hall 2006

18 Techniques – Stage-gate process House of quality
Evaluation and Control Techniques – Stage-gate process House of quality Index of R&D effectiveness Prentice Hall, Inc. © 2008 Prentice Hall 2006

19 House of Quality Prentice Hall, Inc. © 2008 Prentice Hall 2006


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