Technology Management – The CTM Perspective Background: The purpose of this note is to outline the Cambridge University Centre for Technology Management (CTM) view of technology management so that comparison can be made with the research and teaching portfolios of other centres. In parallel we are attempting to develop the ‘big picture/world view’ of technology management in order to show how the various perspectives on this subject may be related to each other. CTM Research Overview: Our research in the area of technology management originated from several starting positions. These included our history of taking a process view of strategic issues, new product introduction / innovation research and make or buy (technology • TM: a process approach Key: • New product introduction • R&D project selection selection) decision making. The continued for SMEs Present projects • Strategic technology management • Product planning Past projects • Auditing decision making quality growth and development from these core • World class software delivery Future projects • Technology Selection • NPI collaboration • TM across interfaces themes has shaped our view of the domain of • Integrated engineering & • Strategic make or buy • Integration of marketing into NPI industrial design technology management. Figure 1 shows past, • TM & KM for sustainable processes • Strategic management of production software technology current and proposed research projects linked • Industrial make or buy decisions Management & • Strategic management of • Strategic management of business processes holonic manufacturing to the key themes that now appear to underpin organisational competences technology • KM in international collaborative • Technology transfer our research portfolio: Centre for business networks in collaborative R&D Management and business processes Innovation and change Industry and technology evolution Innovation & change • Technology change • Innovation in advanced materials technology Technology Management Industry & technology evolution • Technology foresight • Engineering reuse • Mobile communications • Innovation management in high-tech firms • Technology evolution in high-tech firms • Growth & co-evolution in high-tech enterprises Gregory’s early paper ‘Technology Fig. 1 - CTM project portfolio management: a process approach’ applied process thinking to technology management. The five-process model (Fig. 2) aims to provide a comprehensive view of the activities that are involved in technology management in a manufacturing business. Extensive research and practical application has resulted in a number of enhancements to this framework: The processes can be interpreted at different levels within a manufacturing organisation (e.g. strategic or operational). The framework integrates functions within a manufacturing business (e.g. research, manufacturing, marketing). Links can be made to other conceptual business views (e.g. the resource-based view via the technologies, systems and process models for strategy and new product development). External Environment External Environment Identification Protection Selection Internal Environment Exploitation Acquisition External Environment Fig. 2 – Technology management process framework Our other main areas of research can be derived from this overarching process framework. For example make or buy issues are strongly linked to selection and acquisition processes, and new product introduction is largely concerned with technology exploitation. - 1 - However there are some limitations with this framework in terms of its linkage to the outside world and the explicit representation of human aspects of business, existing models of technology management, innovation and strategy. Individual Cambridge research projects have developed their own frameworks to conceptualise the necessary subset of technology management issues. For example current work in make or buy decision making has resulted in the framework shown in Fig. 3 in order to link the relevant factors into a decision making methodology. External Environment • Competition • Availability of Suppliers • Social Elements • Political Elements • Cost reduction • Lack of capacity • Reduce time to market • Increase quality • New product introduction Areas Factors Technology & Manufacturing Processes MAKE-OR-BUY? Costing • Investment • Return on investment • Payback period • Total acquisition cost • Capacity • Control • Flexibility • Complexity • Life cycle • Focus investment • Balance capabilities • Skills shortage • Increase responsiveness Triggers Skills & Systems Sourcing • Capability of suppliers • Reliability of suppliers • Supply chain management • Know-how • Expertise • Policies/procedures • Cost savings • Quality Performance Other principal characteristics of our • Capacity utilisation • Flexibility Measures* • Time to market • Economical work are the manufacturing business Elements focus (the unit of analysis is usually the firm or a subset of the firm) and Fig. 3 – Make vs. buy decision support framework the emphasis on practical outputs from the research, often in the form of a decision making methodology. • Environmental Elements Current work is focusing on linking technology resources to the business objectives of the company. We are developing tools to facilitate this, and formulating an associated framework to visualise their integration and links to business theory. The particular aspect of technology management under review is technology planning and one related tool is technology roadmapping (Fig. 4a). The accompanying framework (Fig. 4b) is derived from the route map format and shows market, product and technology levels in the business against a time axis. “Know-why” Business Level Focus: Organisation, networks and business portfolio; marketing & finance Process: Strategy development and implementation to deliver value into the future time Business / Market Product / Service / Process Push mechanisms - capabilities (knowledge flows) “Know-what” Product Level Focus: Product /service portfolio and platforms; manufacturing & operations Process: Innovation, and new product development and introduction over time “Know-how” Technology Organisation / Context “Know-who” Technology Level Focus: Technology-science-engineering base / platforms Process:: Technology management (ISAEP) to maintain the technology base Fig. 4a - Technology roadmap (schematic) Time “Know-when” Fig. 4b - The technology planning framework Although no single integrating picture of manufacturing business has yet been found which satisfactorily integrates all the above, we have derived a picture which is perhaps more a business model (Fig. 5). This was developed to support the Manufacturing Leaders’ Programme, and links resources and processes in the firm to systems and supply chain. This visualisation is more of a systems view of manufacturing business, and has been used to underpin a manufacturing business audit and to show the relationship between the main taught subjects of the Programme. It may provide a useful starting point for the technology management framework as systems theory is all-encompassing in its scope. - 2 - Pull mechanisms - requirements (knowledge flows) Fig. 5 – Technology as a firm resource - Manufacturing Leaders’ Programme framework The Big Picture: We have yet to draw the composite ‘big picture’ for technology management, but we think it will incorporate features of the frameworks described above. It may be useful to identify some of the requirements of this framework as a precursor to its derivation. It should: Show the current context and resources of the business together with the processes that link them. Be interpretable at different levels and by different functions within the business. Show explicitly, or indicate the connection to, the other principal conceptual frameworks and theories of business, in particular: - The resource-based view - The competitive forces (strategic management) view - The systems view of manufacturing business Business Environment / Context - Innovation and knowledge management The innovation 'funnel' concept provides a possible basis for linking technology management to new product development and innovation, in the business context, and has potential for forming the basis of a practical and academically robust framework (Fig. 6). This framework has interesting parallels to the technology roadmap and planning framework presented in Fig. 4. Innovation / New Product Introduction Products / Services Technology / Resources Fig. 6 - Technology management framework (innovation / product perspective) - 3 -