The purpose of analyzing a Technological Innovation System is to analyze and evaluate the development of a particular technological field in terms of the structures and processes that support or hamper it. Besides its particular focus, there are two, more analytical, features that set the Technological Innovation System approach apart from other innovation system approaches.
When competition is tough and resources are scarce, management may seek ways to systematise their decision-making process so as to better control their operations and resource allocations. Yet little is known about how decision technology is used in practice during the new product development process as a means to exercise, administer and accomplish managerial control. This research investigates how an organisation used a decision technology to exercise management control in order to manage the work activities of their employees in a group decision-making setting. It assesses the impact decision technologies have at the firm level focusing on the transformation of the decision process, the individuals involved and the decision outcomes to the firm. Data was collected through a case study which included passive observations in board meetings and functional team meetings as well as interviews and document analysis on those generated from the decision technology. The decision technology was found not only to have changed the way management exercised management control vertically across different hierarchal levels but also horizontally over their fellow peers. Interestingly, even though the chief executive officer had relinquished his immediate control of the decision process, he was nevertheless able to exercise management control from a distance in a subtle manner through the use of the decision technology. Moreover, the decision technology gave management the confidence to make the necessary decisions and consider innovative and challenging projects which they previously avoided due to fear of project failure. The increase in innovative performance is believed to have resulted from management becoming more accountable for the decision process rather than on the final project outcome, regardless of new product launch success or failure. This change was due to individuals’ willingness to believe and abide to the decision process that disciplined and enforced them through the decision technology. Thus, decision technology can be seen as an enabler of management control that delivers increased innovation performance and provides action control as well as hierarchal and lateral controls. http://ssrn.com/abstract=1660138
The critical question in every Manager's mind is how to be effective in his job. The answer to this fundamental question is found in the Bhagavad Gîta which repeatedly proclaims that 'you try to manage yourself'. The reason is that unless the Manager reaches a level of excellence and effectiveness that sets him apart from the others whom he is managing, he will be merely a face in the crowd and not an achiever.http://www.themystica.com/mystica/articles/b/bhagavad_gita_and_management.html
A more active role for management scholars in the process of management innovation would be of value to innovating organizations, and it would allow them to reclaim their previously influential role as creators of both new and useful management knowledge.
http://faculty.london.edu/jbirkinshaw/assets/documents/5034421969.pdf
Technology has improved vastly in the last decade given to the digital age. Further improvement in technology requires management as rightly pointed by Sukla sir. Technology has helped us and in fact provided us with ample time to enhance our productivity which sadly is not the current state but led to slow deterioration in people's lives. Hence, proper use and technology can help us in improving our lifestyle.
First thing we need to have the adequate ways and means of managing time and manpower. Innovation is in no doubt necessary to improve technological sector, but the factors as discussed above are quite necessary.
The external environment keeps changing to pose new challenges and keep us on our toes.These challenges are dependent on the nature of operations of the company but broadly, there are common challenges, which are faced by a majority of organizations.•Technological advancements today are on the increase more than in the previous century. For an organization to offer services, which are relevant, cost effective and compatible with society's needs, modern technology has to be employed.
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