Technology Management

engineering science concern Definition of technology: defined as all the knowledge, products, processes, tools, methods, and systems employed in the creation of goods or in providing services. In simple lines technology is the way we do things. Technology is the practical implementation of knowledge. It consists of 3 equally important components: 1. ironw be: physical structure and logical layout of the equipment or machinery that is to be employ to carry out the demand tasks 2. Software: the knowledge of how to do the hardware in order to carry out the required tasks 3. Brainware: the reasons for using the technology in a particular way. (know-why) A 4th one must be considered independently: 4. Know-how: the conditioned or acquired knowledge of or technical skill regarding how to do things well. Maybe result of experience , transfer of knowledge, or hands-on practice Definition of management: management is an art and to some uttermost a technology. It is the art of carrying on business. It involves directing and controlling an governing and steering it towards achieving its objectives. Management control of corporations is essential to keep the governing body on course and prevent problems.

Management is also a technology, as it is the means by which the desired goals of an enterprise are achieved. Management functions in an organization include planning, organizing, staffing, motivating, and controlling activities of the organization. The term Management technology implies technology used to manage organizations or certain functions. Management of Technology (MOT): is an interdisciplinary field that integrates science, engineering, and management knowledge and practice. (Fig. 1-1 pg. 7) Managing technology implies managing systems that enable the creation, acquisition and exploitation of technology. It is scarce when technology is connected with a customer that its benefits are realized. A customer is a beneficiary and could be an individual, a... If you want to recrudesce a full essay, order it on our website: Ordercustompaper.com

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