Technology Assessment Plan Research Paper Example | Topics and Well Written Essays - 3250 words

Technology Assessment Plan - Research Paper Example 1.2 IT Management Structure The IT management structures comprises of for management posts with hierarchical functional delegation flow from top down ward. The management consist of Chief Executive Officer (CEO) as Todd Hoppens; Chief Information Officer(CIO) as Jared Campbell; Chief Technical Officer (CTO) as Felix Yanez; and finally IT VP as Nicholas Williams. Apart from the management team, there are implementation teams or IT experts that execute the technology plan. A reporting chart 1.3 Technology Plan Goals A technology roadmap is a plan that complement short-term and long-term objectives with precise technology solutions to assist meet those goals or objectives. It is a strategy that is applicable to a new product or procedure, or to an up-and-coming technology. Technology is very dynamic and ToJa & FeNi Corporation cannot remain on business if they do not capture new innovation of chocolate production. The objective of this plan is to recognize the IT Infrastructure requirem ents for the next 2 years for ToJa & FeNi Corporation by providing (Bolan, & Cullin, 2007): An inventory of current technology assets. IT Infrastructure documentation identifying future needs. A prioritized plan, including a budget, for addressing these needs. 1.4 Plan Review The technology plan is a responsibility of the ToJa & FeNi Corporation management and IT department. The CEO, CIO, CTO and IT VP are responsible for the plan execution. Technological review and update must be done as soon as a new technology emerges. So the company must always budget for technology upgrade. Innovation subsection must be created to assess technologies emergence and advise the management with proper recommendation. 2 Executive Summary The technology plan strategy of ToJa & FeNi Corporation involves: defining the accessible technology strategy; identifying the requirement; design, develop and purchase necessary technology; implement and train the staffs; and finally maintaining and continue learni ng. Technology plan is essential for the growth of the business. By focusing on its strengths, its major customers, and the fundamental values necessary, ToJa & FeNi Corporation will augment sales progressively in its first two years after technology implementation, while also sustaining the gross margin on sales, with a focus on  cash management and working capital. This technology plan leads the way. It renovates the company’s vision and strategic focus: adding value to the target market share, and reinforcing connections with businesses in the local markets. It also provides the step-by-step plan for enhancing sales, production, gross margin, and profitability. Technology plan enhances the connection with relevant stakeholders through networking. Technology advances is the background and basis of any business progress thus the need for ToJa & FeNi Corporation to handle technology plan. The executive management must embrace the fact that technology is dynamic and need to be continues and planned for. Launched confectionary products are manufactured with the usage of the cut edge technologies. Modern high capability equipment,  strict devotion to the production technologies, only high excellence raw materials ensures