Scenarios and Long-term Visioning: Critical Elements of Technology Strategy
In a balanced technology portfolio, short-term projects must meet the immediate needs of the business, while longer-term investments should address the strategic priorities of the future. These include investments in pacing technologies, i.e., those that will create future competitive advantage. However, although most new technologies require at least a decade of development, today’s strategic plans rarely devote significant attention to timeframes beyond three to five … [ Read more ]
Content: Article | Authors: C. Gail Greenwald, Stephen E. Rudolph | Source: “Prism (Arthur D. Little)” | Subjects: Management, Strategy