• DocumentCode
    2924325
  • Title

    Technology management in the environment of convergence and disruptions

  • Author

    Harno, Jarmo

  • Author_Institution
    WiproTechnologies, Helsinki, Finland
  • fYear
    2011
  • fDate
    27-30 June 2011
  • Firstpage
    913
  • Lastpage
    918
  • Abstract
    In this paper, a technology and market disruption is illustrated through an example case. Learning options thinking is suggested as a management model as well as mathematical tool to improve the strategic decision making, and the discernment for disruptions in the current competitive environment is discussed. Although no deterministic analytical methods cannot be developed to safeguard from unexpected competitor movements or guarantee own success, certain models to analyze the situation and guide the learning, preparation and development investments can, however, be elaborated. Real options, as being based on mathematical handling of uncertainty and its economic implications, give better means to cope with these challenges than the deterministic ideal of planning, utilizing for example straight forward cash flow analyses for different alternatives. This is especially the case in the current complex environment in the converging ICT and media fields concealing further potential disruptions.
  • Keywords
    decision making; financial management; investment; strategic planning; technology management; development investments; forward cash flow analyses; management model; market disruption; planning; strategic decision making; technology disruption; technology management; Benchmark testing; Companies; Investments; Mobile communication; Mobile handsets; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Technology Management Conference (ITMC), 2011 IEEE International
  • Conference_Location
    San Jose, CA
  • Print_ISBN
    978-1-61284-951-5
  • Type

    conf

  • DOI
    10.1109/ITMC.2011.5995984
  • Filename
    5995984