Stevens Institute of Technology has just released the inaugural report from its executive research and analysis unit, the Global Technology Confidence Indicators (GTCI), which throws some surprising light on the alignment between technology development and the expectations of those whose businesses depend on it. Conducted quarterly, GTCI monitors developments in evolving and emerging technology management issues.
"GTCI's inaugural report provides organizations with a dynamic tool with which to sharpen their technology strategies and foster improvements in their technology management practices," said Dr. Derek B. Smith, Director of the GTCI.
The comprehensive GTCI report, released this week, provides highlights of key findings and a detailed analysis of survey data. This inaugural report covers five major categories including: 1) General Economic and Globalization, 2) Human Capital, 3) Technology Alignment, 4) Technology Innovation, and 5) Strategic Project and Process Management.
"One of the key features of GTCI is identifying where gaps occur in the confidence between economic decision makers (EDMs) and technical decision makers (TDMs)," said Smith. "Using GTCI reports to identify these critical gaps, organizations can improve the alignment of technology management objectives between their economic and technical managers."
For example, the first GTCI report identifies that EDMs place much more importance than TDMs in competition and emerging market opportunities as key considerations in the allocation of technology resources. While TDMs place much more importance than EDMs on market research. Companies identifying this gap within their organization can improve the alignment of their technical and economic managers in order to more efficiently allocate their technology resources.
Among other report highlights, all senior executives express a high degree of confidence in their IT security; a surprising result considering recent widespread internet security issues. Senior executives also agree that business will improve in North America in the next year, as was true for China, especially for EDM's, while all executives are pessimistic about business prospects in Japan.
GTCI conducts its research by addressing technology management issues facing senior executives globally. Participating GTCI members are high powered senior level executives. They represent a diverse set of the world's largest organizations across multiple industries at Global 2000 companies and organizations, most of which have a minimum of $1 billion in annual sales. A limited amount of space remains for qualified executive interested in GTCI membership opportunities.
GTCI is a program of the Executive Leadership Institute (ELI) at Stevens Institute of Technology, located in Hoboken N.J., across the Hudson River overlooking the Manhattan skyline. ELI also provides executive educational opportunities within Stevens Technogenesis® environment: Stevens Institute of Technology has excelled in bridging academic studies and research with real world implementation for over 130 years.
Established in 1870, Stevens offers baccalaureate, master's and doctoral degrees in engineering, science, computer science, management and technology management, as well as a baccalaureate in business and technology, and in the humanities and liberal arts. The university, located across the Hudson from New York City, has a total enrollment of about 1,740 undergraduates and 2,600 graduate students. Additional information may be obtained from its web page at http://www.stevens.edu/.
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