Importance of Technology Management in Improving the Performance of Company: An Empirical Study of IT Experts

Abstract

During a course of business, companies go through many processes like management, operation, communication, integration etc. These processes are very important for the success of the business. In this globalized and fast-paced world, it becomes more important to efficiently integrate all the processes that are important for the business. As technology possesses an important place in today’s era, every business needs proper management of the same. The effective management of technology provides a competitive edge to the business. Technology management is a whole process that needs an understanding to effectively conclude the working of the organization and improve the performance of the company. In such a competitive world, it is very important to manage technology in strategic manner. For the success of an organization, continuous integration of technology and improving the existing technology is very critical. The leaders and managers play a very important role in the management of Technology. With the efficient management of technology, leaders can solve any complex problem that can disturb the growth of the organization