3. Technological Innovation Management

Technological Innovation Management involves overseeing the development and implementation of new technologies in organizations. It focuses on creating, adopting, and integrating innovations to improve products, services, or processes. This area of management ensures that organizations stay competitive by harnessing new ideas and transforming them into practical applications. It includes activities like research and development, market analysis, and project management, ultimately aiming to enhance efficiency and meet customer needs effectively. Essentially, it combines technology and business strategies to drive growth and success.