Explore BrainMass

Technology & Business Strategy

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Less than 1 page per question double space
1."Managing Technology as a Business Strategy," by Tamara J. Erikson, John F. Magee, Philip A. Roussel, and Kamal N. Saad

According to the authors' classification, what type of technology contributes most to today's competitive advantage? What type (using the authors' classifications) of research would be most appropriate to identifying potential future pacing technologies?

2.At 3M, A Struggle between efficiency and creativity," by Brian Hindo

Explain how Six Sigma may hinder non-incremental innovation.

© BrainMass Inc. brainmass.com October 24, 2018, 11:41 pm ad1c9bdddf


Solution Preview

The response address the queries posted in 621 words with references.
//As per the directions, we will write about the key technologies that assist the organizations in attaining competitive advantage. Along with this, we will also write about the type of research, to be used by the Organizations for identifying the potential future pacing technologies.//

Answer 1.

Key technologies

Technology plays a crucial role in the success of a business in current scenario. According to the classification of Erikson and his colleagues, Key Technologies are best for the business in order to take competitive advantages. The production process can be made efficient with the help of differentiating the functions on the basis of technologies. There are numerous technological equipments that make the process effective and efficient. The administration of a company is the main focused area to apply latest technologies (Erikson, Magee, Roussel & Saad, 1990).

A firm should invest high amount in the technologies because it is helpful for the production process, administration, finance & ...

Solution Summary

The response addresses the queries posted in 474 Words, APA References.

See Also This Related BrainMass Solution

IT Management and Business Strategy

You have been appointed Information Technology manager of a company in which IT systems are viewed as expensive and misaligned with the business strategy. Recent IT implementations have overrun their budget and schedule, and the company's board is considering outsourcing its IT support function. In addition, an important merger with a competitor must take place in the near future, if at all possible. Fears have been expressed that the IT systems of the competitor company may not be compatible with your own company's Systems.

Describe how you could achieve and maintain alignment between IT systems and the business strategy, using Portfolio Management techniques.
Show how you could use Gate Methodology to ensure that new IT projects would be delivered on time and to budget.
Describe the risks of IT Outsourcing and suggest ways to overcome these risks.
Show how you would carry out a Due Diligence exercise to investigate the board's fears of incompatibility between the merging companies.

View Full Posting Details