Management of Technology report Essay Example | Topics and Well Written Essays - 4000 words - 1

Management of Technology report - Essay fashion modelMost companies will always need to keenly evaluate any technological product to begin with actually accepting to use it. This arises because most of these products are always expensive and the risk creates the need to efficaciously evaluate the products before accepting to purchase or use them.In the introduction of a late product based on a new technology in a risk-averse market, the sales plane section moldiness drastically change to suite the situation. The sales people will shift from taking orders to mental synthesis relationships with the potential clients and becoming educators and coaches. They must keenly understand all the risks involved and work towards mitigating such risks. They must recognize that clients are always scared of change and must therefore be totally win over on the importance of the new product. It is further important to share as much research as possible about the industry with the clients in or der to give them your own perspective on wherefore they need to adopt the new product.Indeed, technology has a rage of definitions all of which highlight a public figure of factors about its characteristics. In a way, technology is basically a type of knowledge which is usually somatic in a physical artifact such as a component, machine or a system. The difference between this knowledge and the general knowledge is the act that technology is applied and therefore focuses on know-how. Technology is usually associated with science and engineering. To enhance its effective application within a system, technology must be understood in the context of new product development and innovation.More importantly, it should be considered with notice to factors like organizational development and structures and knowledge networks. While technology can be very face-saving for an organization, a failure to manage it properly can always be detrimental to the very organization. In this respect, it must be understood that managing technology involves both explicit and tacit knowledge.