Technology

Planning

Technology Planning
A technology plan is the single most
important ingredient to effectively using
technology in your organization. The
technology planning process will help
minimize technology-related crises, use
staff time efficiently, and avoid wasting
money on equipment. Create a plan to
help you think through your priorities in
order to use technology in a way that
directly furthers your mission.

Technology Planning?
Central component of corporate business
planning.
Different from strategizing.
Systematic and follows established
methodologies.
Essential for successful strategy
implementation and evaluation.

Differences between
Strategizing
Discovering
Creative and
revolutionary
Determines formula
by which the firm
intend to win

Planning
Programming
Systematic and
follows established
methodologies
Charts the
procedures and
action to be followed
Essential for
successful strategy
implementation &
evaluation
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Process of Planning
Examining all points of view in the
organization.
Setting clear, realistic objectives.
Charting a path or paths toward
achieving those objectives.
Obtaining commitment for execution.
Executing and following up on the
plan
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Strategic Planning Time

Horizon
Short-range - - - - - - - - - > 1-3 years
Mid-range - - - - - - - - - -> 3-5 years
Long-range - - - - - - - - - > more than 5
years.

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Technology Planning
Framework
Forecast the technology
Analyze and forecast the environment
Analyze and forecast the market / user
Analyze the organization
Develop the mission
Design organizational actions
Put the plan into the operation

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Various Technological Planning

Levels

Policy Planning

Provides clarification of scientific technological

elements that determine future development
boundary conditions

Strategic
Planning

The development of useful strategic plans

requires a recognition and comparative
evaluation of alternative options

Operational/Tacti Probabilistic assessment of future technology

cal Planning
which technology forecasting can provide offers
the technology manager the ability to anticipate
potential positive and negative impacts
Marketing/Corpo
rate Profit
Planning

To provide a clarification of scientific technology

needed to expand market share

Technology forecastingBright, 1968

Technology forecasting can be defined as
the prediction of the future characteristics
of useful machines, procedures or
technique.
A system of logical analysis that leads to
quantitative conclusions or a limited range
of possibilities about technological and
associated economic attributes.
Its related to the tasks which emerge in
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connection with medium and long-range

Forecasting Technology
Forecasting provides vision of future to
guide action of the present in anticipation
of future state.
Those who forecast well can seize
opportunities in timely manner and reap
the reward of future change.
Technology forecasting (TF) is based on
following established methodologies to
forecast the character and role of
technological development.

A good forecast must

have..
1.
2.
3.
4.
5.
6.

Credibility and utility

An accurate information
base
Clearly described methods
and models
Clearly defined and
supported assumptions
Quantitative expression
whenever possible
A stated level of confidence
in the forecasted
information

Forecasting Method
1) Monitoring
process of scanning the environment for information
about the subject of a forecast
sources of information are indentified and the information
is gathered, filtered, and structured for use in forecasting.
Uses : To maintain current awareness of an area and the
information with
which to forecast as needed
2) Expert Opinion
-) The opinions of experts in a particular area are obtained
and analyzed
Uses : To forecast when identifiable expert in an area exist
and where data are lacking and modeling is difficult or
impossible
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Forecasting Method
3) Trend Analysis
-) Uses mathematical & statistical techniques to extend time
series data into the future
Uses : To project quantifiable parameters and to analyze
adoption and
substitution of technologies
4) Modeling
-) A model is a simplified representation of the structure and
dynamics of some part of the real world. The dynamics of
model can be used to forecast the behavior of the system
being model.
Uses : To reduce complex systems to manageable
representations

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Forecasting Method
5)
-

Scenarios
Scenarios are sets of snapshots of some aspect of the
future and/or future histories leading from present to the
future. The scenario set encompasses the plausible range
of possibilities for some aspect of the future
Uses : to integrate quantitative and qualitative information
when both are critical, to integrate forecasts from various
sources and techniques into coherent picture, and to
provide a forecast when data are too weak to use other
techniques.

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Technology Audit
Is a tool used to evaluate the
conditions or the existing status of a
certain sector in a organization.
Accountant use to evaluate the
financial status of companies.
A technology audit is an analysis
performed to identify the
strengths and weaknesses of the
technological assets of an
organization.
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THANK YOU

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