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Technology and Innovation Management: S1 Introduction

Dr Raj C Thiagarajan To SIBM SIII MBA Students

ATOA Scientific Technologies


Engineering Simulation For Innovation

TIM
Introduction Session Plan Technology and Innovation overview Foundation Tools Major Trends Practical perspectives What is in for a CTO? Assessment plan and assignments
ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 2

Instructor: Raj C Thiagarajan


Current MD, ATOA Scientific Technologies Pvt Ltd Passionate about Technology and innovation. 22 + years of Global industrial and academic experience in developing innovative products and technology. Commercially successful and proprietary products for both short and long term technology management. + Patent and Publications Leadership.

Mail : Raj@atoastech.com Visit : www.atoastech.com Connect: http://in.linkedin.com/in/ctraj

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Overview
No.
1 2 3 4 5 6 7 8 9

Topics

Learning Outcome

Reading References
Management of Technology and Innovation: A Strategic Approach White & Bruton, Chapter 1 Managing Creativity and innovation Harvard Business Essentials Engineering and technology management tools and applications, B.S. Dhillon Chapter 8 and 9.

Scope of the Course and an overview of the subject Management of Technology and Innovation Overview Learn the fundamental of innovation concepts and foundation Managing Creativity and for value creation. innovation Technology tools for innovation Learn Concurrent, reverse, value engineering concept and tools to facilitate successful innovation.

Process of Technological change Technology intelligence and competition

competition Technology management tools Learn to use idea, project and technology management tools for decision making.

Managing Technology and Innovation for Competitive Advantage V.K. Narayanan Chapter 3 and 4 Learn the process of gathering technology intelligence for making Managing Technology and Innovation for Competitive Advantage V.K. Narayanan strategic decisions .Analyze the influence of technology on Chapter 5 and 7

Analyze the dynamics of innovation and diffusion based technological changes

Engineering and technology management tools and applications, B.S. Dhillon

Technology Road map Technology Strategy models Organizing for Innovation

Learn the overview and Development of technology road map for Technology road mapping: linking technology resources to business science and technology driven companies. objectives, Robert Phaal et.al, Cambridge. Learn the principle involved in formulating and implementing a technology strategy.
Managing Technology and Innovation for Competitive Advantage V.K. Narayanan Chapter 8 and 9

Analyze the critical issues involved in the choice of organizational Managing Technology and Innovation for Competitive Advantage V.K. Narayanan form for implementing technology management. Chapter 13

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11 12

Innovation for Intellectual Property Strategy Understand ways to protect the knowledge assets that constitute Managing Technology andV.K. Narayanan Competitive Advantage the basis of competitive advantage. and management Chapter 14 Learn the process of new product development the strategic, Managing Technology and Innovation for Technology Deployment in Competitive Advantage V.K. Narayanan technology and operational phases. New Products Chapter 11 and 12 to Renewable energy Technology management group Application of concepts learned for your own assignments and Research relatedservices industry and Engineering presentation and discussion. group projects + Evaluation

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Origin
Why are we here? Theologist Philosopher Scientist Physics, Chemistry, Bio, mathematics. Engineers Civil, Mechanical, Electrical, Electronics.. Technologist

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Fundamental Forces and Models


Forces
Gravity Electromagnetic Weak nuclear forces Strong nuclear forces

Models
Newton's Classical mechanics Maxwell Electromagnetic equation Quantum mechanics String Theory M Theory

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

A journey through scale

ATOA Scientific Technologies

www.atoastech.com

Engineering Simulation For Innovation

Unity
Quarks Atoms Molecules Materials Structures Building Systems Ecosystem Planet Earth Solar System Universe Galaxy

Ecosystem Products Components Materials Molecules Atoms Quark

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Material Unity
The bottom line is Unity

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Technological Environment
You are not alone! Your company Task Environment Industry Macro Environment
Economic Social Macro Environ ment Political

Task Environment Customer Suppliers Competitors Associations

Industry
Task Environment

Firm
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ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Basic Definition
Science
Knowledge arranged in an orderly manner especially knowledge obtained by observation and testing of facts.

Engineering
The application of science for the control and use of power especially by the use of machines.

Technology
Study, mastery and utilization of manufacturing and industrial methods. Systematic application of knowledge to practical tasks in industry.

Management
The organization and coordination of activities to achieve the defined organizational objectives in accordance with certain policies.

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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New Knowledge to Commercialization


Science Engineering Technology Products/ Process

Basic / Applied Research Universities Govt Labs MIT, IIT NASA, CSIR

Industrial Research Corporate R&D Entrepreneurs AT&T GE Ranbaxy, Tata motors

Commercialization

Corporation Private companies Startups Microsoft TCS, Infosys, Wipro Google Apple Samsung Marico Toyota

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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The Engineering Process


MATERIAL ENGINEERING PROCESS
The Traditional Engineered Process
Conceptual Design Fabrication Assembly

PRODUCT

Testing

The Simulation Based Engineered Process


Mathematical Computational Design
Predictive Processing Virtual product/ system Testing for Validation & verification

Transformation of Material into Useful Products FIRST TIME RIGHT Opportunity for Value creation
ATOA Scientific Technologies www.atoastech.com Engineering Simulation For Innovation 13

Materials Technology
Nano technology Functional Materials

Metals Ceramics Composite


Smart Materials

Insulators
Polymers

Plastics Glass Ceramics

Semiconductors
Silicon (Si) Gallium Arsenide (GaAs) Indium Phosphide (InP) Gallium Nitride (GaN) Silicon Carbide (SiC)

Foam

Natural materials

Metals

Copper Gold Silver Tungsten

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Technology Adaptation
Aerospace Medical Automobile Industrial Building and Construction Packaging

Safety critical to Mass Production Cost comes down over time

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Technology Management Definition


Management of technology links engineering and management disciplines to plan, develop and implement technological capabilities to shape and accomplish the strategic and operational goals of an organization. National Research Council definition Management of Technology Focus Create Value Innovate Customer experience (internal and external)

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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Industrial Technology Drivers


Past: Manufacturing Mass production: Ford Marketing - Good selling: FMCG Quality Six sigma : Motorola, GE Present : Services Economy : Tech companies Future: Creative Economy India and Innovation
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Technology Forms
Product Technology Physical Basic needs

Process Technology Manufacturing Services Business methods

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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Industrial Value Chain


Margin
Infrastructure Sourcing
In
Logistics Out Logistics Marketing and Sales

Operations

Services

Human Resources Technology Development

Core activities Support activities

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Technology commoditization
Information flow Data: Info: Knowledge: Wisdom Globalization Shrinking world: Global sourcing: Best talent

Cycle time Shorter product life cycle: Global Launch: Proprietary Innovation

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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Technology Timeline
Prehistoric: Shelter, Tools, Pottery, Textile, Wheel Arch Bridge

9: Gun powder 12: Mariners Compass 13: Paper Making 15: Printing Press 17: New paper 18: Arc lamp, Stem locomotive, Automobiles 19: Transportation : Polymer: Jet Engine: Composites: www: Mobile:

Also Refer: http://www.fastcompany.com/1700974/innov ation-timeline


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ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

Emerging Technologies 2011


Social Indexing Facebook remaps the Web to personalize online services Smart Transformers Controlling the flow of electricity to stabilize the grid Gestural Interfaces Controlling computers with our bodies Cancer Genomics Deciphering the genetics behind the disease Solid-State Batteries High-energy cells for cheaper electric cars Homomorphic Encryption Making cloud computing more secure Cloud Streaming Bringing high-performance software to mobile devices Crash-Proof Code Making critical software safer Separating Chromosomes Precise way to read DNA will change how we treat disease Synthetic Cells Designing new genomes could speed the creation of vaccines and biofuel-producing bacteria

From: http://www.technologyreview.com/tr10/
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Emerging Technologies
Agricultural: Vertical Forming Bio: Genetic Engineering, Stem cell, Nano medicine Brain: Neuroinformatics Energy: Biofuels, Ultra capacitor, wireless energy transfer Electronics: 3D display, spintronics, graphene Materials: Nano, meta, Super lightweight Transportation: Space plane, Alternate fuel Manufacturing: 3D printing, Molecular assembly Technology: Nano Bio Info and Cognitive Convergence Unity

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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CTO
Technology + Management Evolved from Manager to Director to CTO Resources to Technology Long term and Short term Change Agent Value creation

Technology competitiveness enabler

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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S2 Managing Creativity and innovation


Information flow Data: Info: Knowledge: Wisdom Globalization Shrinking world: Global sourcing: Best talent Cycle time Shorter product life cycle: Global Launch: Growth Volume, Price premium

Invention to Innovation: Proprietary Innovation


ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 25

S3 Engineering Tools
Concurrent Engineering

Simulation driven Engineering

Value, reverse, reengineering


New idea generation tools, TRIZ.

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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S4 Technological Change Process


Innovation Drivers Process Technology Evolution Characteristics

Adoption Rate

Maturity

Diffusion S curve diffusion Innovation adoption Drivers

Growth
Introduction

Time

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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S5 Intelligence and competition


Competitive Edge First/ Fast/ Follower Publications ~1 year old Patents ~2 Year old Competition is active with 1 or 2 year head start

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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S6 Management decision tools


Idea/ project Valuation Forecasting/ Assessment Project Evaluation

Product life cycle costing


Product pricing

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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S7 Technology Roadmap
Time Line

Linking Technology resources to business objectives Bridges commercial and Technological perspectives Align technology to product and market
Technology

Business/ Market
M1 M2 M2

Product/Services
P1 P2 P3

Technology
T1 T2 T3

Past Technology Hand wound Automatic

Current Technology Digital Solar

Breakthrough Evolutionary Technology Technology

GPS Enabled Health Check Mobile

Biochip Time Products Implants

Enabling Technology

Technology
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ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

S8 Technology Strategy
Technology Choices Key principles Framework for strategy formulation In-house R&D Portfolio of technology Collaboration Open innovation Outsourcing

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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S9 Organizing for Innovation


Organization structure for Innovation Hierarchy, Flat Make or Buy

Open vs Internal
Idea management system Motivation
ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 32

S10 Intellectual Property


Protecting your technology Technology knowhow Trade secrets Patents Publications Copyrights Trademarks

IP strategy Monetizing, Licensing Competitive Edge


ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 33

S11 NPI

Idea

Feasibility

Preliminary design

Final design

Pre production

Post production

Commercialization

After Service

New product / Process Introduction plan Technical and manufacturing readiness review
Scope (T1) Feasibility (T2) Final Design (T3) Pilot (T4) Production (T5) Post production (T6)

Toll gates (Technical, Quality, Production) Product/ idea pipeline

Customer Technical Commercial Competition Concept Design Funding

Project team Final product Preliminary Design Final process Process Design Design Specifications CTQs Tool and model files

Execute pre pilot Execute Start production builds Commercialization Assesses CTQs Assess Pilot plan Assess plan Equipment Quality plan Post production readiness Production review Material readiness technical review

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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Evaluation Plan
1. Assignments : 20% 2. Group Project : 30%
3. Class Test : 30% 4. Quizzes: 10% 5. Cases: 10%

ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management

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Individual Assignment
Play the role of a CTO Develop a technology road map for a renewable or engineering services company of your choice. Develop both short term and long-term plan Present a 2-3 page presentation and a short executive summary. Suggested Steps Select a company of your interest. Collect the basic company details (Finance, management team, Vision, mission, History, Values, etc) List the market segment details Review of current product offering Discuss about the current technology Plan and if possible propose future technology needs Complete the road map by integrating above inputs Present your results for evaluation. Due from 8th session onwards
ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 36

Group Project
Integrate your individual assignment into group project. Play the role of Industrial growth Associations Renewable Industry Engineering Services Industry Technology road map for the industry: Suggested Steps Review and select and industry advisory or regulatory body ( e.g NASSCOM, The Indian Renewable Energy Development Agency IREDA) Understand and list the role of the technology advisory body Review the current status of the industry (Market and Technology) Brainstorm as team about the future growth requirements of the industry. Present your group findings as technology roadmap . Maximum 10 page presentation and an executive summary report. Completed before 12th session.
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