Technology management in an organization

Today the integration of technology is the buzzword, business leaders around the world can not stop arguing about how technology will transform our business environment. How intelligent technology companies became extinct the rudimentary. Learning from late nineties dotcom bust, we know that technology is not a panacea for the problems of the pill business, but a tool that makes our efficient and effective management. Technology allows us to have more information to make our decisions, but can not make our decision. Decisions still have to be taken by humans behind it.

Management faces some difficulties in real-time management technology - the first is - when is the right time to invest in technology. More companies are afraid to invest at the present stage, believing that technology is changing so fast that investment made today will become rudimentary in the near future and investment can not be able to realize the total cost incurred in the same .

Second, when and how to move to the next phase - also to go ahead with investment in technology for the first time the company has to draw a detailed plan on how it will phase out the current technological level to the next level . Gradual transformation during the period of time is the key technology management in both the workshop and in the balance.

The technology is not only changing the paradigm of doing business, but also take it to the next level, where most of the players in the industry not only in technology will only reduce costs but also to promote innovation and efficiencies.