Aerospace and Electronic Systems Magazine March 2017 - 53

g. act as the single company interface towards the national, European, and international organizations including research centers and universities;
h. coordinate and perform technical due diligence during merger
and acquisitions projects (including start-ups).
In the following, the main tasks presented above will be detailed with clear reference to CTO responsibilities and coordination with the other company structures.

APPRAISAL OF COMPANY PRODUCTS
One of the CTO key functional responsibilities is to monitor the
evolution of the company's product portfolio (CPP).

The CTO shall ensure that CPP development is consistent with
the company's strategies, market trends, customer needs, technology obsolescence, and state-of-the-art.
Due diligence appraisal of products shall be a never-ending process, undertaken to monitor and steer the company's internal development activities from idea conception through market delivery.
CTOs are, in fact, to be involved in all product lifecycle phases,
including the phasing-out phase. Periodic start of this continuous
appraisal process is offset in order to supply the output required
by both the strategic process and the divisional investment plans.
The overall appraisal process therefore:
C

performs a competitive assessment and monitors all saleable
items (active catalogue) and, particularly, recognizes those

Figure 1.

CTO primary tasks.

MARCH 2017

IEEE A&E SYSTEMS MAGAZINE

53



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