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Introduction to Management
of Technology
(MOT)
Chapter 1
2
Chapter Objectives
 What is Technology?
 What are the differences between science and
technology?
 Why need to study Technology?
 What are the Applications of Technology?
 How technology affect to the society and economy?
 Technology Classification
 What does the term Management of Technology
mean?
3
???
 How AirAsia, Jetstar can offer a fly
with lower price in Airline industry?
 How www.cellcard.com.kh or
www.ebay.com generate income?
 How ANZ Royal Bank penetrate to
Cambodia market?
 Why Kodak failure in film
competition?
 How 5 stars hotel sale their service
4
???
 How Cambodia government provide
a visa to tourist via electronic system?
 How ATM help bank operation?
 How Internet help tour operation and
travel agency to maximize their
profit?
 How IBM and Intel sell products
online?
All answers will discuss through this course.
5
Introduction
 Technological change is one of the most
important sources of change in the economy.
 The capacity for science and technology in some
countries is not been adequately translated into
innovative and dynamic business organization.
The economy remains largely dependent on
natural resources, traditional processing and
manufacturing and, for the most part, on
imported technologies.
6
Introduction (count-)
 A sound scientific and technological base
is essential to economic growth in a
competitive international environment.
 With the increasing impact of
globalization on business, the scope for
competition is no longer limited by
national boundaries or by the definition
of a particular industrial sector.
7
 Management of technology, innovation
and information have also emerged as
key requirements for success in the
21st century enterprise.
 Thus, proper management of
technological change, particularly at the
productive enterprise level, has become
the most important consideration for
development.
Introduction (count-)
8
Definition of Technology
 All the knowledge, products, processes, tools,
methods, and systems employed in the creation of
goods or in providing services. [MOT, Tarek M. Khalil
p.1]
 The application of science and engineering to the
development of machines and procedures in order to
enhance or improve human conditions, or at least to
improve human efficiency in some respect. [MS. IT
Dictionary]
 Technology is the technical means people use to
improve their surroundings.
9
Differences between science
and technology
 Science is the study of why natural
things happen the way they do.
 Technology is the use of knowledge
to turn resources into goods and
services that society needs.
 Science and technology affect all
people.
10
11
Why study technology?
 People create technological devices and
systems to satisfy basic needs and
wants.
 Technology is responsible for a great
deal of the progress of the human race.
 Technology is the tools to gain
competitive advantage.
12
Application of Technology
 Technology – linked to improvements in
standards of living
 Enhancement of economic prosperity for
countries, industries and businesses depends
upon the effective MOT
 Technology creates wealth
 Application of technology, not just its
development, is a key to success in the
competitive global economy.
13
Technology and Business
• The goal of an organization is to achieve
a set of objectives
• Pool of knowledge available to society
• Technology adds value to the assets of a
company
• Conversion of resources into goods and
services
14
Classification of Technology
 New technology
 Emerging technology
 High technology
 Low technology
 Medium technology
 Appropriate technology
15
Management
Process of:
 Planning
 Organizing
 Coordination & Leading and
 Controlling
16
What is MOT ?
 MOT is an interdisciplinary field that
integrates science, engineering, and
management knowledge and practice.
[MOT, Tarek M. Khalil p.7]
 Management of technology refers to the
design and use of the means needed within
organizations achieve economic and social
objectives through technological innovation.
17
Management of Technology (MOT)
 An interdisciplinary field
NATURAL
SCIENCE
SOCIAL
SCIENCE
ENGINEERING
BUSINESS
THEORY
INDUSTRIAL
PRACTICE
MOT
18
The roles of MOT
 MOT field helps nation and firms to answer the
following question:
• How technologies is created?
• How it can be exploited to create business opportunity?
• How to integrated technology with business strategy?
• How to use technology gain competitive advantage?
• How can technology improve the flexibility of
manufacturing and service systems?
• When to enter and abandon technology?
19
Management of Technology : an
entrepreneurial perspective.
 Technology itself does not produce commercial
results. It is its application that brings commercial
benefits. Such application comes about due to the
activities of “entrepreneurs”.
 Any economy needs “ paper entrepreneurs” and
“Product Entrepreneurs”
Paper entrepreneurs-Trained in law, finance ,
accountancy etc.. manipulate systems in novel ways:
 Establishing joint ventures, holding companies, finding
tax shelters, investing in commodities; going public, etc.
20
Product entrepreneurs- engineers and
scientists involved in production, researchers
and designers, production managers, and
businessman in produce goods and services
people want.
21
Conclusion
 Technology is clearly one of the dominant features of
modern world.
 Whether one supports or condemns, there is total
consensus that managing technology effectively is critically
important to the success and survival of individual
companies and to national economic well-being and growth.
 It is ironic that until recently the subject of management
technology did not, in general, receive the kind of popular
attention that is should have in business, government and
management development programs.
 The issue is how can we interpret “management of
technology” in practical way.
22
Discussion Questions
1-Using the classification of technology presented
in this chapter, provide some examples of each
type of technology.
2-What are the companies that considered as the
high-tech corporation in the world?
3-Describe about advantages of Free Bloc Trade
4-Reading the Case Study1 “World Around Us”

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Chapter 1 Introduction to Management of Technology.ppt

  • 1. Introduction to Management of Technology (MOT) Chapter 1
  • 2. 2 Chapter Objectives  What is Technology?  What are the differences between science and technology?  Why need to study Technology?  What are the Applications of Technology?  How technology affect to the society and economy?  Technology Classification  What does the term Management of Technology mean?
  • 3. 3 ???  How AirAsia, Jetstar can offer a fly with lower price in Airline industry?  How www.cellcard.com.kh or www.ebay.com generate income?  How ANZ Royal Bank penetrate to Cambodia market?  Why Kodak failure in film competition?  How 5 stars hotel sale their service
  • 4. 4 ???  How Cambodia government provide a visa to tourist via electronic system?  How ATM help bank operation?  How Internet help tour operation and travel agency to maximize their profit?  How IBM and Intel sell products online? All answers will discuss through this course.
  • 5. 5 Introduction  Technological change is one of the most important sources of change in the economy.  The capacity for science and technology in some countries is not been adequately translated into innovative and dynamic business organization. The economy remains largely dependent on natural resources, traditional processing and manufacturing and, for the most part, on imported technologies.
  • 6. 6 Introduction (count-)  A sound scientific and technological base is essential to economic growth in a competitive international environment.  With the increasing impact of globalization on business, the scope for competition is no longer limited by national boundaries or by the definition of a particular industrial sector.
  • 7. 7  Management of technology, innovation and information have also emerged as key requirements for success in the 21st century enterprise.  Thus, proper management of technological change, particularly at the productive enterprise level, has become the most important consideration for development. Introduction (count-)
  • 8. 8 Definition of Technology  All the knowledge, products, processes, tools, methods, and systems employed in the creation of goods or in providing services. [MOT, Tarek M. Khalil p.1]  The application of science and engineering to the development of machines and procedures in order to enhance or improve human conditions, or at least to improve human efficiency in some respect. [MS. IT Dictionary]  Technology is the technical means people use to improve their surroundings.
  • 9. 9 Differences between science and technology  Science is the study of why natural things happen the way they do.  Technology is the use of knowledge to turn resources into goods and services that society needs.  Science and technology affect all people.
  • 10. 10
  • 11. 11 Why study technology?  People create technological devices and systems to satisfy basic needs and wants.  Technology is responsible for a great deal of the progress of the human race.  Technology is the tools to gain competitive advantage.
  • 12. 12 Application of Technology  Technology – linked to improvements in standards of living  Enhancement of economic prosperity for countries, industries and businesses depends upon the effective MOT  Technology creates wealth  Application of technology, not just its development, is a key to success in the competitive global economy.
  • 13. 13 Technology and Business • The goal of an organization is to achieve a set of objectives • Pool of knowledge available to society • Technology adds value to the assets of a company • Conversion of resources into goods and services
  • 14. 14 Classification of Technology  New technology  Emerging technology  High technology  Low technology  Medium technology  Appropriate technology
  • 15. 15 Management Process of:  Planning  Organizing  Coordination & Leading and  Controlling
  • 16. 16 What is MOT ?  MOT is an interdisciplinary field that integrates science, engineering, and management knowledge and practice. [MOT, Tarek M. Khalil p.7]  Management of technology refers to the design and use of the means needed within organizations achieve economic and social objectives through technological innovation.
  • 17. 17 Management of Technology (MOT)  An interdisciplinary field NATURAL SCIENCE SOCIAL SCIENCE ENGINEERING BUSINESS THEORY INDUSTRIAL PRACTICE MOT
  • 18. 18 The roles of MOT  MOT field helps nation and firms to answer the following question: • How technologies is created? • How it can be exploited to create business opportunity? • How to integrated technology with business strategy? • How to use technology gain competitive advantage? • How can technology improve the flexibility of manufacturing and service systems? • When to enter and abandon technology?
  • 19. 19 Management of Technology : an entrepreneurial perspective.  Technology itself does not produce commercial results. It is its application that brings commercial benefits. Such application comes about due to the activities of “entrepreneurs”.  Any economy needs “ paper entrepreneurs” and “Product Entrepreneurs” Paper entrepreneurs-Trained in law, finance , accountancy etc.. manipulate systems in novel ways:  Establishing joint ventures, holding companies, finding tax shelters, investing in commodities; going public, etc.
  • 20. 20 Product entrepreneurs- engineers and scientists involved in production, researchers and designers, production managers, and businessman in produce goods and services people want.
  • 21. 21 Conclusion  Technology is clearly one of the dominant features of modern world.  Whether one supports or condemns, there is total consensus that managing technology effectively is critically important to the success and survival of individual companies and to national economic well-being and growth.  It is ironic that until recently the subject of management technology did not, in general, receive the kind of popular attention that is should have in business, government and management development programs.  The issue is how can we interpret “management of technology” in practical way.
  • 22. 22 Discussion Questions 1-Using the classification of technology presented in this chapter, provide some examples of each type of technology. 2-What are the companies that considered as the high-tech corporation in the world? 3-Describe about advantages of Free Bloc Trade 4-Reading the Case Study1 “World Around Us”