Managing Technological Innovation Tools And Methods

The management of technological innovation is both an art, as well as a science; the process involves the know-how and technological core skills to deliver the functionality on the one hand, and (with an ear on the ground) the ability to identify changes in technologies to come up with new innovations on the other. This requires, as a result, frameworks, system tools, and methodologies to improve the yield in innovations. Managing Technological Innovation provides a set of tools and case studies for R&D managers to effectively manage technological innovations — from the identifying of technological needs to the launch of the product. The book is divided into five parts. Part 1 addresses the policies and strategies necessary to provide direction to R&D organizations in the management of technological innovation. Part 2 focuses on technological assessment; presenting the methods available to better matching of technologies to strategic directions, supported with case studies to illustrate the evaluation methods. Part 3 covers the development and building of technological portfolios with new products, as well as mitigation strategies. Part 4 focus on the execution phase of built portfolios — the development of new products. And finally, Part 5 rounds up with a study on the factors which impact the diffusion of technological innovations into the market place. This book is a practical guide for R&D professions and designers, as well as a case study reference for graduate students in pursuit of their project work.

"The management of technological innovation is both an art, as well as a science; the process involves the know-how and technological core skills to deliver the functionality on the one hand, and (with an ear on the ground) the ability to identify changes in technologies to come up with new innovations on the other. This requires, as a result, frameworks, system tools, and methodologies to improve the yield in innovations. Managing Technological Innovation provides a set of tools and case studies for R&D managers to effectively manage technological innovations — from the identifying of technological needs to the launch of the product. The book is divided into five parts. Part 1 addresses the policies and strategies necessary to provide direction to R&D organizations in the management of technological innovation. Part 2 focuses on technological assessment; presenting the methods available to better matching of technologies to strategic directions, supported with case studies to illustrate the evaluation methods. Part 3 covers the development and building of technological portfolios with new products, as well as mitigation strategies. Part 4 focus on the execution phase of built portfolios — the development of new products. And finally, Part 5 rounds up with a study on the factors which impact the diffusion of technological innovations into the market place. This book is a practical guide for R&D professions and designers, as well as a case study reference for graduate students in pursuit of their project work."--Publisher's website.

"By explaining the innovation process the book reveals the broad scope of MTI and its importance for company survival, growth and sustainability. It describes how MTI has to be managed strategically and how this is successfully achieved by formulating and implementing strategy and delivering value. Chapters provide frameworks, tools and techniques, and case studies on managing: innovation strategy, communities, and networks, R&D, design and new product and service development, operations and production, and commercialization." "This new edition has been fully revised and updated to reflect the latest teaching and research, and to ensure its continuing relevance to the contemporary world of MTI. It will be an important resource for academics, students, and managers throughout the world, is a recommended text for students of innovation and technology management at postgraduate and undergraduate level, and is particularly valuable for MBA courses."--BOOK JACKET.

Let Ettlie show you how to take charge of technological change! Technological change is inevitable, but how you respond to change is not. Now, with Ettlie's Managing Technological Innovation you can learn how to harness the power of technology-from simple improvements to breakthroughs-for competitive advantage with proven management principles and methodologies. Presenting a comprehensive approach that is also easy-to-understand, Ettlie discusses the technical and organizational issues involved in implementing product, process and information technologies. Throughout, the text focuses on integration, so that organizations can obtain the most value from new technologies. You'll also learn how to link appropriate organizational innovations with technological innovations, and manage change within an organization and in its environment. Special features will help you understand key concepts: * Ettlie's clear, easy-to-understand style provides just the right amount of technical detail. * Short, "boxed" cases clarify important points and bring material to life. * Extended, end-of-chapter cases enable you to explore issues in depth. * Exercises reinforce key concepts. * Self-assessment tools and exercises help gauge your progress.

In today’s fast-moving, high-technology environment, the focus on quality has given way to a focus on innovation. From presidents of the United States to presidents of Fortune 500 companies, it is clear that everyone thinks innovation is extremely important. The challenge is that few people stop to define why innovation is important—to understand what’s driving the need for more innovation. We all agree that more frequent innovation is important, even necessary. What remains unanswered is why we allow innovation consultants, elected officials, and business leaders to tell us innovation is important, but not demonstrate the underlying reasons why. The three volumes of The Innovation Tools Handbook cover 76 top-rated tools and methods, from the hundreds available, that every innovator must master to be successful. Volume I covers 24 creative tools/methodologies most frequently used to change an organization’s structure and operations. It provides a clear understanding of how all 24 tools are used and the type or results they can generate, so you can learn to select the right combination of tools that best meet your organization’s needs. This book is the result of a research study that defined the most efficient, effective, and frequently used tools in the innovative process. For each tool described, it provides a definition, identifies the user of the tool or methodology, explains what phases of the innovation process the tool is used, describes how the tool is used, supplies examples of the outputs from the tool, identifies software that can help you maximize the effectiveness of the tool, and includes references and suggestions for further reading. Tools and methodologies covered include: Agile innovation, benchmarking, business case development, business plans, comparative analysis, competitive analysis, contingency planning, costs analysis, financial reporting, focus groups, identifying and engaging stakeholders, innovation master plan, knowledge management systems, market research and surveys, organizational change management, potential investor presentation, project management, S-curve model, safeguarding intellectual properties, systems thinking, value propositioning, and visioning.

"This book outlines different tools and technologies that can be applied depending on the type of innovation an organization desires, providing concrete advice on the different types of innovation, situations in which innovation may be useful and the role of knowledge and different tools and technologies to support it"--Provided by publisher.

"This book provides empirical research findings and best practices on creativity and innovation in business, organizational, and social environments"--Provided by publisher.

Written by the author who helped crystalize the field of technology management and the management of innovation with the first two editions of Managing Technological Innovation, this Third Edition brings the subject in line with current business strategy. It also presents information in a newer organized format that aligns more closely with how the topics are presented and discussed in the classroom. Also included is a wider discussion of how science and technology interact with the global economy.