business-aligned technology strategy
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Institute for Manufacturing, 17 Charles Babbage Road, Cambridge, UK, CB3 0FSTel: +44 (0)1223 766141; Fax: +44 (0)1223 464217; Email: ifm-enquiries@eng.cam.ac.uk; www.ifm.eng.cam.ac.uk
Business-aligned technology strategy
Technology managers are often faced with the need to make strategic decisions on what technologies they should invest in and how they should be managed, individually and as a portfolio. It is important for these decisions to be made within the wider context of business’s overall strategy.
DeliverablesThe intended outcomes:
- A modular and agile approach to technology strategy
- Practical support to STIM member companies.
Dr Imoh Ilevbare
imi22@cam.ac.uk
Strategic Technology and Innovation Management Programme 2017
Strategicdirec+onandplanning
Strategicbalance
Strategiccompe++veposi+oning
Technologystrategy
Technology*Strategy*
Assessment'
Customised*technology*strategy*process'
Direc1on'&'
planning'
Balance'
Compe11
ve'
posi1
oning''
Step%1:%Assessment%Iden.fy%most%pressing%issues%in%your%technology%strategy%
Step%2:%Customisa.on%Design%a%tailored%process%to%specifically%address%the%issues%
Step%3:%Delivery%Carry%out%the%process%through%
a%series%of%workshops%
Tes1ng'the'modular'approach'to'technology'strategy!
Further work/engagementThis project will be extended into the 2018 programme to give opportunity for existing and new company interests in testing the approach to be further explored and advanced.
AimTo test a modular (and customisable) approach to Technology Strategy through engagement with STIM member companies.
The modules are meant to address (using the scalable toolkit platform concept) specific issues within technology strategy in alignment with product/process innovation and business objectives.
Technologystrategymodulesdependencymatrix
1.Iden(fying/understa(ngfuture
customerneeds
2.Trends&driversanalysis
3.Technologyemergence&
disrup(onunderstanding
4.Coretechnology/competence
assessment
5.Iden(fyingprioritytechnologies
(porBolioselec(on)
6.PorBoliobalancing&alignment
7.Planning(visioning,alignment&
char(ng)
8.Uncertainty&riskm
anagement
9.Respondingtotechnology
disrup(on/emergence
10.Deciding&applyingpolicies&
principles
1.Iden(fying/understa(ngfuturecustomer
needs¤ ¤ ¤ ¤ ¤ ¤
2.Trends&driversanalysis ¤ ¤ ¤ ¤ ¤ ¤
3.Technologyemergence&disrup(on
understanding¤ ¤ ¤ ¤
4.Coretechnology/competenceassessment ¤ ¤ ¤ ¤ ¤
5.Iden(fyingprioritytechnologies(porBolio
selec(on)¤ ¤ ¤
6.PorBoliobalancing&alignment ¤ ¤ ¤
7.Planning(Visioning,Alignment&Char(ng) ¤
8.Uncertainty&RiskManagement ¤ ¤
9.Respondingtotechnologydisrup(on/
emergence¤ ¤ ¤ ¤
10.Deciding&applyingpolicies&principles ¤ ¤ ¤ ¤ ¤
¤
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