Any company that creates high-tech hardware and software products has to invest strategically in technology core competencies. This technology portfolio provides the basis for building compelling, highly-differentiated products and avoiding the some of the perils of creeping commoditization.
Here’s an example of a spider chart evaluation of the technology portfolio for a fictional water filter company. It highlights the factors to consider when deciding where to invest in the technologies of the future.
A similar decision exists for Process Core Competencies to guide investments in process capabilities.
These decisions represent the “due diligence” thinking behind meaningful technology roadmaps and capability roadmaps.
Use the decision analysis tools in the Decision Driven® Solutions Framework (DDSF) to evaluate your technology core competencies. Start your free trial of DDSF by contacting the Decision Driven® Solutions team at firstname.lastname@example.org or email@example.com.