TECHNOLOGY AND INNOVATION

TECHNOLOGY AND INNOVATION

1. TECHNOLOGY, WORK, AND PROBLEM SOLVING

   • The impact of technological changes for work and organization are, therefore, profound and likely to both old skills and create new ones, and the requeriments of new technologies place new demands on management, in technical design, planning, and organization. Throughout these processes of change, managers retain choices on how technologies are configured and used.
     • To understand the impact of these technologies on problem solving, we need to appreciate how engineers design. Engineering knowledge builds on scientific principles, but relies heabily on 'rules of thumb' informed guesses', 'routines', and 'norms' of problem solving that are built up through engineering education and experience with real world problems.
       • Digital technologies have the potential to provide the basis for a more open, transparent approach to engineering design and decision-making. It could also allow faster results with greater concurrency of engineering work on different parts of problem simultaneously, allowing near real-time decision-making.

2. TECHNOLOGY AND INNOVATION IN SERVICES

   • The key objectives of industrial innovation are to develop new products, increase product quality and functionality, and improve production. the overriding objective of innovation in services, in contrast, is to provide a positive costumer experience that is often highly personalized

3. TECHNOLOGY AND STRATEGY

   • The manner in which technology is strategically selected, accumulated, and protected is examinated throughout this volume.
     • Some ways of technology provides opportunities for corporate strategic development by faciliting business diversification and improving internal and external connectivity and engagement.

4. TECHNOLOGY AND THE INNOVATION PROCESS

   • Digital infrastructure
     • These technologies are in themselves major innovations, and they provide for new business opportunities through improved communications and business-to business-to-consumer transactions.
   • Modeling and Simulation
     • Modelling and simulation is conducted using combinations of readily avaliable computer software packages, using spreadsheets and visualizations such as heatmaps
   • Visualization
     • Using a virtual envirornment allows experimentation that would often be physicaly impossible or prohibitively expensive to undertake in reality
   • Rapid Prototyping
     • Rapid prototyping technologies, which assemble components additionally, layer by layer, rather than conventional cutting techniques, are used extensively.