DeVry University, Keller Graduate School Of Management
NETW 583
Other
NETW-583 Week 1 Course Project: Toyota Technology Management Strategy | Download To Score An A
1 view 0 purchase
Course
NETW 583
Institution
DeVry University, Keller Graduate School Of Management
DEVRY UNIVERSITY: KELLER GRADUATE SCHOOL OF MANAGEMENT NETW-583 Strategic Management of Technology Course Project: Toyota Technology Management Strategy Toyota Technology Management Strategy Introduction Technology-driven firms are driven by three critical and interrelated activities: planning, str...
netw 583 week 1 course project toyota technology management strategy | download to score an a
Written for
DeVry University, Keller Graduate School Of Management
NETW 583
All documents for this subject (10)
Seller
Follow
ProfGoodlucK
Reviews received
Content preview
TOYOTA TECHNOLOGY MANAGEMENT STRATEGY 1
DEVRY UNIVERSITY:
KELLER GRADUATE SCHOOL OF MANAGEMENT
NETW-583 Strategic Management of Technology
Course Project: Toyota Technology Management Strategy
, TOYOTA TECHNOLOGY MANAGEMENT STRATEGY 2
Toyota Technology Management Strategy
Introduction
Technology-driven firms are driven by three critical and interrelated activities: planning,
strategy, and operations. These activities are carried out within an organization for different
purposes and usually stem from different motivations. A major motivation for engagement in any
of the above activities is the need to obtain a competitive advantage over similar players in the
industry. Strategy, as dealt with in this paper, stems from the intent to create and manage long-
term direction for a given firm. For instance, a strategy may define a particular technology,
service, or a commodity that a given firm purposes to develop or modify to meet the demands of
the market (Fréry, 2006). Technology management, on a more specific exploration, involves the
definition of a new technology or modification of existing ones with the aim of reducing cost,
meeting new demands, increasing efficiency, and creating competitive advantages among other
motivations.
After the definition of a given technology, downstream events in management include the
development of assessment measures to determine feasibility, cost measures, resource
identification and allocation, development and maintenance, among other activities. In this case,
the technology being assessed is that of the vehicle-manufacturing industry, taking into
consideration Toyota Motors Company. The vehicle manufacturing industry is driven by
technology for manufacturing vehicle parts and assembling to come up with the finished
products for sale. As such, there are different dimensions of technology management that can be
explored within the industry. In this case, however, Toyota Motors Limited will be explored for
the development of technology strategies that deal with efficient fuel consumption and
environmentally friendly technology as regards the same.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ProfGoodlucK. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
