New Technology Development Strategy  (English, Paperback, John Lok)

This book begins by defining what constitutes “new technology.” This encompasses a wide range of advancements, from digital tools and software applications to cutting-edge manufacturing processes and artificial intelligence systems. The concept of organizational strategy as a guiding framework for technology adoption. This involves assessing both internal capabilities and external market conditions to identify which technologies will provide the most significant advantages. This book outlines a systematic approach to integrating new technologies into existing organizational structures. This process includes several critical steps: Assessment of Needs: Organizations must first evaluate their current operations and identify areas where technology could enhance efficiency or effectiveness. Technology Selection: After identifying needs, organizations should research available technologies and select those that align best with their strategic goals. Implementation Planning: A detailed plan for implementing the chosen technology is essential. This includes timelines, resource allocation, and training programs for employees. Change Management: Successful integration requires managing the human aspect of change. Evaluation and Feedback: Once implemented, organizations should continuously monitor the performance of new technologies against established benchmarks, allowing for adjustments as necessary.