As a further previous step to the introduction of the Technology Management Process (TM Process®), the management team as well as all employees involved in
technology and innovation activities will be informed and trained in the application of the methodologies of Technology Management.
The first step of the TM Process® is the so-called Technology-Tracking. By means of determining of the state-of-the-art of technologies, seeking and evaluating of relevant technologies, applications and technology trends outside the enterprise as well
as finding appropriate potential partners, Technology-Tracking has the purpose to identify the optimal starting point of the TM process®. Of course, the optimal starting point found by Technology-Tracking should always be fixed as near as possible to the final innovation target in order to reduce innovation costs, innovation
risks and time-to-market.
The process step of Technology-Tracking requires creativity, entrepreneural thinking and a comprehensive understanding of the following steps in the TM process. In fact, the process of Technology-Tracking has a decisive influence on the next steps of the TM process. Moreover, the process of Technology-Tracking usually results in additional
relevant informations about the overall competitive position of the enterprise.
The process step of the Technology-Tracking is structured in a clearly defined and standardized procedure, which has been developed from our years of experience and many applications to various industries and business areas. In the context of our Services, the complete documentation and know-how for the introduction and implementation of the TM Process are put at the customer's disposal.
For further information about the Technology-Tracking and the TM Process, we refer to our Internal