Technology managment vs. Traditional managment Essay

Technology managment vs. Traditional managment - Essay ExampleTechnological Management involves developing an understanding of engineering and its impact on all areas of an industry, its members and their activities. Technological Management includes goods and services production processes information and communications transport and distribution society, politics and economics. Technology Management whitethorn be more appropriately characterized as a discipline than a field. (Article,). So, technology management is aimed to coordinate only a technological process in contrast to traditional management which coordinates all levels of the organizational structure including their interaction and performance.In contrast to technology management, traditional management concerns with managing those resources of an enterprise that are compulsory to produce the goods or services to be sold to consumers or other organizations. The balance of power has undoubtedly shifted to traditional manag ement who now has more option over how it conducts relationships with their employees and process. The main functions of traditional management in industrial relations objectives are control the work process secure cost-effectiveness reassert managerial empowerment move towards a more unitary and individualistic approach (Boone, Kurtz, 1992).