How to grow an organization’s technological strategy. It characterizes an organization’s learning framework in terms of three building blocks, technological capabilities, technology strategy, and experience. Technology strategy consists of a competitive strategy stance, a value chain stance, a resource commitment stance, and a management stance. There are forces that shape the evolution of technology strategy, which include the industry structure, internal organizational learning, and organizational structure. Capabilities drive strategy and strategy drives experience. In turn experience drives capabilities and strategy.
QUESTION
1. What are potential benefits of process and product development?
2. What is the difference between a firm’s core competence and the firm’s strategic capabilities?
3. How do capabilities encompass the entire value chain?
4. What are the four dimensions of technology strategy? State the characteristics of each dimension.