5. Nov. 2007 TechnologieInnovationsmanagement Technology Strategy Lilly Epple, Steffen Golz, und Julian Spruck 5. Nov. 2007 TechnologieInnovationsmanagement Agenda 1. Strategy 2. Types of strategy a) b) c) Business strategy Technological strategy Product/innovation strategy 3. Conclusion 5. Nov. 2007 TechnologieInnovationsmanagement What is Strategy? l Definition: Decisions made in strategic management are crucial for the existence and the future (longterm) development of an organisation Creating a framework for operational management decisions 5. Nov. 2007 TechnologieInnovationsmanagement Types of Strategy Dell – best computer company in the world VW – Lupo as licence for Seat Toyota – first to sell hybrid-cars Business strategy Functional/ Technological strategy Product/ Innovation strategy 5. Nov. 2007 TechnologieInnovationsmanagement Business Strategy l Ansoff Product-Market Matrix Product or service Present New Old Market Penetration Product development New Market development Diversification Market 5. Nov. 2007 TechnologieInnovationsmanagement Business Strategy l Porter‘s generic strategies Aldi Apple Zeppelin Cost leadership Differentiation Focus 5. Nov. 2007 TechnologieInnovationsmanagement Functional/Technological Strategy l l l l Selection Acquisition Development Exploitation 5. Nov. 2007 Internal External TechnologieInnovationsmanagement Product/Innovation Strategy First mover Follower l entry barriers for followers l switching costs l brand loyalty 5. Nov. 2007 l cost reduction l risk reduction l knowledge spillovers TechnologieInnovationsmanagement Conclusion l Strategies on different levels have to fit together l Strategies have to fit the market l Strategies have to fit the product l Clear Strategy has to be defined 5. Nov. 2007 TechnologieInnovationsmanagement