Title: Getting more from investments in technology through technology asset planning

Authors: Jeffrey L. Staley

Addresses: President, Heckathorn Technologies, 20 University Road, Fourth Floor, Harvard Square, Cambridge, MA 02138, USA

Abstract: Most corporate systems are inadequate for the task of managing technology, and correcting this problem will be the most important senior management task of the 1990s. |Technology asset management| is an emerging discipline, of which |technology asset planning| is an important component. The author asserts that today, technology is too important to be managed solely by technologists. This paper outlines the factors which any company should consider in extending the strategic planning process and content to include technology asset planning. It shows how top management can come to understand the sources and magnitude of technology-related business risk associated with current business plans. This understanding can pave the way to judgements about prudent and acceptable risk levels, and lead to investigations into ways of modifying technology and business plans in order to reduce risk and increase return on investment.

Keywords: technology asset management; technology asset planning; business risks; strategic planning; return on investment; ROI; technology management.

DOI: 10.1504/IJTM.1990.025865

International Journal of Technology Management, 1990 Vol.5 No.6, pp.627 - 638

Published online: 25 May 2009 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article