An evaluation of the planning and control system required for technology management in an engineering business
Script contains articles in Afrikaans and some text also in Afrikaans === Opportunities abound in the Armaments industry is South Africa and abroad. This is probably one of the main reasons why it has grown to almost astronomical amounts in va lu e . Simultaneously, the vast f igures in turnover...
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| Format: | Others |
| Language: | en |
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2015
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| Online Access: | Pentz, R. D. (1989) An evaluation of the planning and control system required for technology management in an engineering business, University of South Africa, Pretoria, <http://hdl.handle.net/10500/14660> http://hdl.handle.net/10500/14660 |
| Summary: | Script contains articles in Afrikaans and some text also in Afrikaans === Opportunities abound in the Armaments industry is South Africa and
abroad. This is probably one of the main reasons why it has grown
to almost astronomical amounts in va lu e . Simultaneously, the vast
f igures in turnover and profits have attracted numerous competitors
into the business.
The next factor which has contributed most significantly to the
increase in development and manufacture of armaments is of course
the need of countries to defend themselves against aggressors.
Political unrest , terrorism , border conflicts , war and invasions
are the order of the day. All of these events require a show of
arms, if not retaliation .
In order to satisfy a need for strategic independence, even to a
limited extent , countries have insisted on development and
establishment of various categories of technologies. During the
past fifty years there has been an explosion in the amount of
information published in the technology sector. Some highly
sophisticated technologies have become commonplace in most
technical fields , including the armaments industry .
As might be expected, the armaments industry is also greatly
influenced by trends and change in the sector of economics, by
social and cultural factors , and new legislation. It may
rightfully be regarded as a highly volatile , complex and dynamic
part of any economy.
Under these circumstances the role of technology management in a
country and in a business enterprise becomes more important, more
difficult , and more essential. To ensure that a large organisation
stays competitive, or becomes more competitive, the system of
planning and control must be well integrated , kept up to date, and
well/managed to fulfil its purpose.
For the purpose of this script an investigation was undertaken into
the corporate and business systems for technology management in a
firm in the local engineering industry .
The description covers planning and control theory, system models,
innovation and technology management principles , and the theory of
forecasting methods usually adapted for technology predictions ,
Evaluation of the practical systems which are in place and are
being utilised , led to a few significant observations and
conslusions. The investigation was by no means exhaustive, but was
aimed at getting an overview of the corporate and business systems
as they operate with in the stated strategic frameworks.
It is concluded that technology planning and control systems are
well-developed, highly integrated and applied in a top-down
fashion . Not all aspects are conducted as efficiently as should be
possible. Also, due to the dynamic nature of the industry,
effectiveness can still improve for the company.
Moves are afoot to meet new challenges and requirements and there
is no doubt that the future will see great achievements. === Business Management === M.B.L. |
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