Developing Effective Technology Strategies

OVERVIEW:Technology strategy can be both an analytical and creative process. A core team approach and stakeholder analysis ensures shared ownership of the resulting strategy and smooths the path for implementation. A carefully codified description of technology capabilities in terms of their component skills, facilities and organization enables the business to understand what is core to its future success and how to transfer technology to best effect. Although elements of structured and objective analysis are essential, technology strategy is best implemented as a continuous and creative business process.