1-1 management of technology technology forecasting technology winners

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1-1 agement of Technology Technology Forecasting Technology Winners

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Page 1: 1-1 Management of Technology Technology Forecasting Technology Winners

1-1Management of Technology

Technology Forecasting

Technology Winners

Page 2: 1-1 Management of Technology Technology Forecasting Technology Winners

1-2Management of Technology

Technology Forecasting

The question that faces the long-range planner is not what we should do tomorrow, it is:

What do we have to do today to be ready for an uncertain tomorrow.

Page 3: 1-1 Management of Technology Technology Forecasting Technology Winners

1-3Management of Technology

Technology Forecasting:Why Do It ?

Surveillance of Total Environment

Estimate Time Scale for Important Events

Threats and Opportunities Continued Monitoring of Trends Reorientation of Company Policy Improve Operational Decision

Making

Page 4: 1-1 Management of Technology Technology Forecasting Technology Winners

1-4Management of Technology

Technology ForecastingDefinition

Foreseeable Specific Scientific Refinement Promises to Serve Some Function Quantitative Conclusions; Levels

of Confidence; Given Time Frame Specific Level of Support Logical Analysis...Consistent

Results

Page 5: 1-1 Management of Technology Technology Forecasting Technology Winners

1-5Management of Technology

Business EnvironmentPolitical,

Technological, Industrial..

Needs

Financial support

New Product

Page 6: 1-1 Management of Technology Technology Forecasting Technology Winners

1-6Management of Technology

Technological Forecasting

Technique Classifications– Exploratory (From past-present-future)

– Normative (From future)

Paths of Technological Progress– The “S” Curve (with an selected attribute)•Human intellect•Physical limit

Page 7: 1-1 Management of Technology Technology Forecasting Technology Winners

1-7Management of Technology

Para

mete

r of

per f

orm

ance

Time

Possible paths of Progress

Physical limit

A B

C

Page 8: 1-1 Management of Technology Technology Forecasting Technology Winners

1-8Management of Technology

Para

mete

r of

per f

orm

ance

Time

Effect of Emergent New Technology

New Technology

A B

C

Page 9: 1-1 Management of Technology Technology Forecasting Technology Winners

1-9Management of Technology

Technological ForecastingDesired Information

Likely Performance Levels with No New Stimuli

Approach of Natural or Physical Limit

Stimuli which May Change Support or Progress

New Technologies/Crossover Points

Performance Milestones

Page 10: 1-1 Management of Technology Technology Forecasting Technology Winners

1-10Management of Technology

Technological WinnersRadical Innovations

Technological Potency or Importance

Market Opportunity or Business Advantage

Page 11: 1-1 Management of Technology Technology Forecasting Technology Winners

1-11Management of Technology

The R&D Effort Portfolio

TechnicalOpportunity

Market Opportunity

SelectiveEmphasis

LimitedSupport

LimitedSupport

SelectiveEmphasis

LimitedSupport

SelectiveEmphasis

HeavyEmphasis

HeavyEmphasis

HeavyEmphasis

Page 12: 1-1 Management of Technology Technology Forecasting Technology Winners

1-12Management of Technology

Technological WinnersDeterminants of

Success

Technical Potency

Inventive MeritEmbodiment Merit

Market Opportunity

Operational MeritMarket Merit

Page 13: 1-1 Management of Technology Technology Forecasting Technology Winners

1-13Management of Technology

Technological WinnersRetrospective Examples Transistor in Commercial Electronics

Inventive Merit - Size, Weight, reliabilityEmbodiment Merit - Portable radioOperational Merit - Low shipping costsMarket Merit - New growth market

Page 14: 1-1 Management of Technology Technology Forecasting Technology Winners

1-14Management of Technology

Technological Winners“Prospective”

Examples Computerized Automobile Engine

Inventive Merit

Embodiment Merit

Market Merit

Operational Merit

Page 15: 1-1 Management of Technology Technology Forecasting Technology Winners

1-15Management of Technology

Technological Winners“Prospective”

Examples Computerized Automobile Engine

Inventive Merit - Reduced pollutionEmbodiment Merit - Stable performance

Market Merit - Via substitution

Operational Merit - Expansion of operation

Page 16: 1-1 Management of Technology Technology Forecasting Technology Winners

1-16Management of Technology

Technological WinnersIssues

Radical Vs. Evolutionary Innovation

Embodiment/Operational (e.g., VCR)

Forecasting

Page 17: 1-1 Management of Technology Technology Forecasting Technology Winners

1-17Management of Technology

Technology ForecastingForecasting Techniques

Trend Extrapolation Precursor Trends - Curve

Matching Technological Substitution Delphi Scenarios Relevance Trees Technology Monitoring