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The Art of HighTechnology Management

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Technology gap reversal (closing instead of widening) ... Rapid and sometimes precipitous change. Adaptability. Organizational Flexibility ... – PowerPoint PPT presentation

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Title: The Art of HighTechnology Management


1
The Art of High-Technology Management
  • Hilda Paucar
  • Justin Dewey
  • Cara Waymire

2
Outline
  • Introduction
  • Discuss the six themes of success
  • Summary of study results
  • Comments on the article

3
Introduction
  • Corporate America being challenged.
  • Technology gap reversal (closing instead of
    widening)
  • Some U.S. companies are fending off foreign
    challenges successfully
  • Key point Innovation can be stimulated in the
    U.S. by adapting the policies of our own
    successful high-technology firms (TI, HP, IBM)
  • Study concludes U.S. high-technology firms that
    seek to improve management practices to succeed
    against foreign competitors need not look
    overseas.

4
Three Themes for Continuity
  • Imply stability and conservatism
  • Business focus
  • Closely related products (HP and IBM)
  • Focused RD (One or two areas)
  • Consistent priorities (Identify customer needs)
  • Organizational cohesion
  • Good communication
  • Job rotation
  • Integration of roles
  • Long-term employment (familiarity between
    co-workers)
  • Integrity
  • Risks multiply and probability of failure rises
  • Sense of integrity manifests into
    self-understanding and acknowledgment of
    limitations

5
Three Themes for Chaos
  • Rapid and sometimes precipitous change
  • Adaptability
  • Organizational Flexibility
  • Strategic Stagnation comes with great risks
  • Entrepreneurial culture
  • Characteristics
  • Excellent communication
  • Dissolve organizational barriers
  • First responders directly deal w/ problems
  • Multiple funding channels
  • Hands-on top management

6
Smart Investment
  • Focused RD
  • Successful Tech Businesses 1 to 2x industry avg
  • Endures through recession
  • Intel even increased in recession
  • Consistent Priorities/Culture
  • Even through Recession
  • Stay focused
  • Spend the Money

7
Paradox of High-Technology Management
  • Consistency is key for management
  • Only consistency in High-Technology is change
  • Management must adjust as the industry does

8
Recap
  • Technology Gap
  • By Country
  • Look to successful national business
  • Six Themes of Success
  • Stability and Conservatism
  • Rapid Change
  • Management approaches
  • Separate parts require unique oversight
  • Management should shift according to firm

9
Comments/Opinions
  • Difficulty of adopting cross cultural management
    strategies/structures
  • Streamlining Operations vs. Innovation
  • Current economy
  • Two headed dilemma
  • Continuity vs. Chaos
  • Everyone affected at once vs. independent
    struggles
  • Goes beyond High-Tech Industries
  • Leadership initiating comfortable change
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