Technology Strategy & Innovation Management - Assignment Example

Only on StudentShare

Extract of sample
Technology Strategy & Innovation Management

There are several external factors that are affecting Motorola. I will use the PESTEL framework to analyze them. The focus, therefore, will be Political, Economic, Socio-cultural, Technological, Environment and Legal.. Let us now take a look at them in details.
Political: In spite of technological advancements we have not yet reached a stage where we exist in the virtual dimension. Businesses are done through remote collaboration tools and solutions but those who collaborate operate from and within certain jurisdictions. Those jurisdictions have laws and they affect how any company operating within them can operate. Multinationals like Motorola must adapt to the political climates of their host nations.
Socio-cultural: Motorola shows social responsibility and maintains good relationships with their host communities. An example of their social responsibility is the supplier diversity programme which endeavours to give certain disadvantaged groups an opportunity.
Technological advancements: New solutions, new platforms and the pace of these innovations. From MRP we now have ERP and are quickly heading towards the Virtual Enterprise. Software breakthroughs have brought an expanded horizon. ...
Download paper

Summary

This is a case study in Technology Strategy & Innovation Management using Motorola as the subject. I shall attempt to show how technology has affected Motorola and how they have responded. We shall look at how further technological advancements may affect them…
Author : edison81

Related Essays

Innovation and change - open innovation and strategy
15 pages (3765 words) Essay
Innovation and change - open innovation and strategy
3 pages (753 words) Essay
Technology, Strategy and Innovation
4 pages (1004 words) Essay
INNOVATION AND TECHNOLOGY MANAGEMENT
11 pages (2761 words) Essay
ITM Innovation Technology Management
12 pages (3012 words) Essay
Innovation & Technology Management
11 pages (2761 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!