Technology Management in the ‘Company of the Future’
In this chapter we consider technology management in the ‘Company of the Future’. The mission of this company will consist of three ideas, ie to contribute to global society via company competence which leads to value- added innovation, to create this competence via the activities of intellectuals including R&D people both inside and outside the company, and to achieve healthy and stable financial results over a long period. It is important for managers of the company to watch the balance of Profit, Cash Flow, and Fund for Future Growth as management indices. Clear priorities should be set for R&D resource allocation and each project within this, and managers should be sensitive to the pattern and status of the life cycle for each innovative project. The company’s business strategy should be well defined and its ability to establish appropriate global partnerships nurtured.
KeywordsCash Flow Product Innovation Core Competence Technology Management Future Growth
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