Seminar & MDP Details |
ISB Hyderabad
STRATEGIES FOR HIGH TECHNOLOGY ENTERPRISES
Introduction: High technology enterprises face a unique set of strategic challenges. In this environment, traditional strategic concepts do not always work. No executive in the technology sector involved in strategic planning for their enterprise, either as a producer or as a user, can ignore the role of technical standards, intellectual property protection, availability of complementary products, the economics of information, network effects, lock-ins, and switching costs. The ready availability of complementary products often determine the success or failure of new products
The value of an installed base of users or products determine future success
Big bets have to be made under extreme uncer tainty
Hard choices have to be made between compet ing technological standards with no clear winners
Rapid technological changes imply a much higher rate of obsolescence
New technologies and innovation result in potentially disruptive changes - in a firm’s way of working as well as in a firm’s competitive advantage
Global opportunities need to be assessed and seized rapidly
Enforcing Intellectual Property Rights are essential to preserve the firm’s future value
For: Participants will include CEO’s and senior executives from banking, telecommunications, information technology, pharmaceuticals, and engineering enterprises, which either use or produce high technology. Executives who are responsible for strategy formulation and implementation, as well as functional heads responsible for strategy execution will benefit from this programme.
Contents: The programme will focus on
Understanding the role of Standards in Technology
Understanding the criticality of the role of competing products in technology strategies
Planning and executing milestones in the development of technology strategy
Staging investments and commitments while making technology investments
Dealing with risk and uncertainty while creating winning strategies
Integrating customer expectations with employee expectations in technology development
Anticipating and planning for the outcomes of disruptive technologies
Effectively protecting one’s Intellectual Property Rights Programme Contents
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