GREGORY FRAMEWORK OF TECHNOLOGY MANAGEMENT    1600W

There are several technology management models. The Gregory frame work has been proposed in 1995 by M. J. Gregory. This process has been built based on previous work on technology management. There are several elements have been identified previously link to the technology management within organizations. Competence and capability are important to be analyzed within the organization to understand the strength and weakness. They also reflect how well the organization can satisfy the customers and how fast the organization may response the market. According to this analysis, the company can identify the suitable technology strategy. Organization learning is also widely used concept in technology management. R&D development and new product introduction are the processes which technology is applied in. Innovation activities are taken to deliver the customer satisfaction. [Gregory, 1995] However, there is no agreed framework for technology management has been proposed.

Based on the literature research on previous work and the development of technology management in many companies, Gregory proposed the 5 processes frame work for technology management. The 5 processes have been identified as below:

Identification

Selection

Acquisition

Exploitation

Protection

It aims to identify the suitable technologies can be used now or in the future in the identification phase. The identification will be conducted through a systematic review of existing technology, emerging technology and in-house developed technology. [Leonard, 1992] The information needed in this phase to conduct review includes external drivers, marketing analysis, stakeholder information, and futurology understanding, etc. A group of approaches may be applied here, such as PESTEL.

Selection is the process to determine the technology can be developed within the company. The process will be aligned with company’s strategy. The criteria in this phase are usually from different sources. Technology audit, SWOT analysis, and R&D portfolio analysis are the approaches usually can be used in this process.