The Technology Management Audit

The tools to measure how effectively you exploit the technological strengths and expertise in your company

Fierce competition, restructuring, and mergers & acquisitions mean manufacturing and service companies must understand the technologies they use and apply. The Technology Management Audit supplies tools to enable you to do just that.

Use the audit in a strategic review (to decide where you might want to compete) or in a core competencies review (to decide what your company is good at).

The audit will enable you to:

  • analyse your 'Technology Base’ and its 10 key elements
  • develop a 'Technology Inventory' (which will have a whole range of spin-off benefits in other areas like knowledge management)
  • see how well you develop/exploit different technologies and understand why your company is more effective in certain areas
  • map key product-market-technology linkages
  • assess process technologies
  • use the 4-step organisational effectiveness diagnostic in relation to technology usage
  • assess the maturity of each of your key technologies (by identifying its place on the Maturity S-Curve)
  • identify technology gaps and opportunities anticipate skills and investment needs
  • spot and nurture technologies that underpin your market or competitive position.

Then use the 9-stage assessment to rank technologies and define their competitive position and competitive impact. Finally, identify the resources and time required by each technology and the likely return on investment.