Technology Forecasting And Strategic Planning

Technology Forecasting And Strategic Planning

Technology Forecasting and Strategic Planning

Objective

The objective of this report is to evaluate the risk and benefits of being an information technology leader or follower. The pros and cons of being on the leading (bleeding) edge will be discussed. Corporate strategy on this topic will also be explored and recommendations will be suggested.
Discussion
In today?s world of business it is becoming more evident that technology and information systems play a much larger role than they did in the past. In order to be a world leader in ones given industry, one must keep up to speed with the evolving world of technology and information systems. Being a technology leader does not come without some growing pains and expense. Lets take a look at some of the top technology leaders and briefly discuss some of their ups and down on the way to the top.
The Technology Leaders: Who Are They
(Information from: COMPUTERWORLD, INC Online, http://www.computerworld.com/)

The 20 Technology Leaders:

Amgen
Merck
Cisco Systems
Micron Technology
Compaq Computer
Microsoft
EMC Corporation
Minnesota Mining
Gillette
Oracle
Heartstream
Parametric Technology
Hewlett Packard
Schlumberger
Intel
U.S. Robotics
Synopsys
International Flavors & Fragrances
Thermo Electron
Johnson & Johnson

The Technology Leaders were selected on the basis of three criteria.

1) First, they compete in technology-intensive industries, (e.g., research and development expense as a percent

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