A study on the technology strategy development methodology based on core competencies : Focused on element technology

2021 ◽  
Vol 24 (1) ◽  
pp. 1-16
Author(s):  
Kwanghee Lee ◽  
Dongphil Chun
2010 ◽  
Vol 3 (3) ◽  
pp. 11-18
Author(s):  
Anne Wilms ◽  
Stephen J. Andriole

This paper focuses on the development of a business technology strategy for a large global specialty chemicals company. The requirement was to develop a strategy that aligned with the company’s business strategy, which is not an uncommon requirement for business technology strategies in the 21st century. The expectation was that information technology (IT) would cross the operation-to-strategic chasm and start to generate some significant ROI. The paper explores the elements of the “strategic strategy” (versus an “operational strategy”) as well as ongoing challenges to make both operational and strategic technology work. The authors illustrate a number of strategy development principles that students should internalize as they assess other cases and develop their own business technology strategies.


Author(s):  
A O Riitahuhta ◽  
V K Salminen ◽  
H T Iivonen

It is widely accepted that the global environment requires the creation of a new manufacturing paradigm. The new paradigm has to take into account the limits of the global environment, provide more customized products with higher value added, have the capability to re-configure the products for different purposes and also produce and reproduce a single product in various facilities. As one principal idea of the new paradigm, environmental consciousness is becoming one of the core competencies of a company. Customers require environmentally friendly products and society requires environmentally conscious manufacturing from the company. This is the reason why companies must take environmental consciousness seriously in their technology strategy as part of the business strategy. Some of the ideas under development today will become future core competencies of the company. Three industrial case studies are presented here. Process plants form a major part of Finnish heavy metal and engineering industry production. Many of the companies in the specialized fields are market leaders in the world. A number of major companies in the Finnish metal and engineering industry have started a technology development program, PRODEA—development of process plant realization—to utilize the latest CIM (computer integrated manufacture) technologies for the enhancement of process plant realization. Two test cases describing the use of expert systems and case-based reasoning technology in supporting the realization are presented in this paper.


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