University of Cumberlands Technological Transformation & Production Plan Essay

Question1: 5 pages

Apply a Technology Evolution Model to a Product in your Company. Determine How to Manage the Product. Below is a structure for writing the paper

• Introduce the product
• Define the technology model you will apply to it
• When applying the model, describe the following
  • What phase is the product in. Based on that phase
    • The companies strategy for entering or competing in the market
    • What are the current innovation levels and activities
    • What ongoing product changes are being made
    • Is there brand loyally yet from the customers
    • Is there a beginning to standardize market penetration processes
    • Are R&D budget full funded or declining
    • Other factors related to the phase the product is in

course outcomes being assessed:

• (SGO-1) Understand the Technology Evolution Models and know how use them to build a sound technology strategy and make good leader decisions
• (SGO-2) Explore new technology trends and apply the Technology Innovation Models to determine how to leverage and deploy new technologies

Question2: 5 pages

Choose an AI Technology. What Technology Evolution Model Would Best Suited for Assessing the Technology. Below is a structure for writing the papaer:

• What model would you use

•Why use this model

•Market Conditions

•Competitive nature of the market your in

•How long will the tech be a leader

•How can my organization use it or not use it. Explain

•Can we make money on it and recoup our investment

•Other points not mentioned could also apply

course outcomes being assessed:

(SGO-2) Explore new technology trends and apply the Technology Innovation Models to determine how to leverage and deploy new technologies

(SGO-3) Identify the benefits and risks associate with new technology trends