Technology Management - Technological Change

Technology Change The Categories of Technology Change  Internal

Innovations  Radical Innovations  New Technological Systems  Technological Revolutions

Internal Innovations 

Marginal Improvements brought by Individual Units out of working Experience.



Cumulative Effect of many of these Innovations result in Significant Improvement.



The management Methods like Work Study, Organization & Methods and Value Analysis which are used for cost Reduction will Finally Result in Internal Innovation.

Radical Innovations A

Change Brought Out by Formal Research or Development Efforts

 Disjointed  They

Efforts and Hard to Predict

act as the Catalyst for the Growth of New Market

New Technological Systems A

Radical Innovation In Course of Time Developing an Entire New Industry.

 It

Connects Economy.

both

Technology

and

Technological Revolutions  Which

Effects all Branches of Economy Through Product Innovations, Process Innovation and Organizational Innovations.  They also Changes the Techno Economic Paradigm.  Such Changes have the Potential of Increasing Productivity by Quantum Jumps.

Changes in Organisation  The

Changes in Technology Demands New Forms of Management Structure and Business Organization.  But the Changes will be slow in Management Level.  The Organization should be Willing to Accept the Changes at least in the Industry where Production Change Occurs Faster.

Changes in Organisation  The

Number of Hierarchical Levels will be reduced Significantly.  Higher Dependencies on Task Groups, Expert Committees and Other Form of Temporary Working Group.  Higher Integration of Suppliers, Vendors and Sub Contractors into the Network of Manufacturing Companies.

Changes in Organisation  More

Economical To Buy than Make.  Increased Office Automation, has Improved Office Productivity as Well as Coordination Function Easier and More Effective.  As Product Life Cycle is Constantly Getting Shorter more Money is Spend on R&D to Remain at The Cutting Edge of Technology.