Key Terms & Concepts
Strategy
Planning
Strategic Planning
Strategic Management
Cost Advantage
Differentiation Advantage
Terms and definitions used from:
White, M.A. & Bruton, G.D. (Eds.), The Management of Technology and Innovation: A Strategic Approach. Independence, KY: Cengage.
Instructions:
Must be a minimum of 250 words long and completely address the posted question(s). Additionally, it must include a minimum of two references included in APA format (6th ed.). Please avoid the use of Wikipedia, about.com, and other ‘crowd-sourced’ information.
Assignment Question:
Why are strategy and the management of technology and innovation so interconnected? What are some of the major decisions that impact the strategic management of technology and innovation? Describe how each stage of the planning process impacts the management of technology and innovation.