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 technology, microsoft, systems, information, leaders, applications, world, risk, project, products, leader, company, companies, being, top, success, over, development, business, average, whole, very, today’s, times, take, sales, resources, profitable, page, operating, one, ms, johnson, internet, industry