Technology Management at Rolls-Royce

OVERVIEW:Technology management tools, such as technology roadmapping, have received significant attention in Rolls-Royce and other manufacturing organizations. Yet, these tools have often been treated and used in isolation. Organizations that consider implementing such practices should employ an integrated framework to ensure timely technology investment decisions and capability development. To achieve integration, organizations need to consider the ownership, data and timing of each of the tools across the different framework stages and the technology life cycle. This will maximize the effectiveness of technology management practices so that they truly add value.