Technology Management

ABSTRACTThis discusses the various engineering science steering make loves that need to be tackled forrader accompany embarks upon a challenging excogitation The has used deuce field studies to identify these technology management issuesThis further dialog about innovation from the perspective of various authors . It looks at how innovation s performance can be standardd and how it differs from one patience to another .TASK AFor each case identify , position and describe what you consider to be the chief(prenominal) technology management issues . In a short conclusion comp ar and origin the approaches in the two case studiesIn the first case landing field , The IT Productivity Paradox , the author talks about how organizations themselves are responsible for the losses they are incurring on their IT investments . From this case study , following nonplus been identified as the main technology issuesLack of AccountabilityRetail banks investiture in IT assets do not contract on the long term aspects of these investments . Before investing , they have decided that its going to save them money thence , they do not measure the performance of the IT assetsAutomation within live structuresOne of the major reasons for investing in technology for these banks was that their competitors had done so . too , to be capable to imitate their competitors , they would simply take their living structures and automate them . This practice was wrong because even after investing in technology , these banks used the same structures and functionsMisalignment of Technology and stock StrategyThe banks should focus on how their IT assets can help them achieve their backup objective whereas the actual common practice is to compromise stemma strategy and objectives to be able to implement technology issuesPatching of antiquated TechnologyA common practice among banks is to take their obsolete schemes and patch them up together to come up with a new system .

Banks employ such a technology to be able to save the costs of new technology and also because they do not loss to change their existing business practices to generate a fit between them and new technology . exclusively such a practice can cost these banks to a greater extent in the long runTechnology in Parallel with Existing SystemA hatch of banks have only implemented technology solutions like home office banking etc . nut they only operate in parallel with the existing banking facilities . This only adds to the cost of delivering banking services to the customers . Moreover , a peck of customers are not comfortable with using technology solutions for banking , hence , the customer base for such services is small restrain the revenues that can be earned through such facilitiesDifferent ProductsAnother issue that arises is when entirely new products and services are offered through technology . Such products make it difficult to be able to measure the productivity of IT assetsIn the second study , Towards a New possibility of Innovation Management following have been identified as the important technology management issuesConfining IT to certain Areas within the FirmA major...If you want to get a full essay, order it on our website: Ordercustompaper.com

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