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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.
                                                                                                   Mail :
                                                                                      Raj@atoastech.com
+ Patent and Publications Leadership.                                                              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.   Topics                               Learning Outcome                                                        Reading References
 1    Management of Technology        Scope of the Course and an overview of the subject                           Management of Technology and
                                                                                                                   Innovation: A Strategic Approach – White
      and Innovation – Overview                                                                                    & Bruton, Chapter 1
 2    Managing Creativity and         Learn the fundamental of innovation concepts and foundation                  Managing Creativity and innovation
                                                                                                                   Harvard Business Essentials
      innovation                      for value creation.
 3    Technology tools for innovation Learn Concurrent, reverse, value engineering concept and tools               Engineering and technology management
                                                                                                                   tools and applications, B.S. Dhillon
                                           to facilitate successful innovation.                                    Chapter 8 and 9.
 4    Process of Technological             Analyze the dynamics of innovation and diffusion based            Managing Technology and Innovation for
                                                                                                             Competitive Advantage – V.K. Narayanan
      change                               technological changes                                             – Chapter 3 and 4
 5    Technology intelligence and          Learn the process of gathering technology intelligence for making Managing Technology and Innovation for
                                                                                                             Competitive Advantage – V.K. Narayanan
      competition                          strategic decisions .Analyze the influence of technology on       – Chapter 5 and 7
                                  competition
 6    Technology management tools Learn to use idea, project and technology management tools for                   Engineering and technology management
                                                                                                                   tools and applications, B.S. Dhillon
                                  decision making.
 7    Technology Road map                  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.
 8    Technology Strategy models           Learn the principle involved in formulating and implementing a          Managing Technology and Innovation for
                                                                                                                   Competitive Advantage – V.K. Narayanan
                                           technology strategy.                                                    – Chapter 8 and 9
 9    Organizing for Innovation            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
 10   Intellectual Property Strategy Understand ways to protect the knowledge assets that constitute Managing Technology andV.K. Narayanan
                                                                                                     Competitive Advantage –
                                                                                                                              Innovation for

      and management                 the basis of competitive advantage.                             – Chapter 14
 11   Technology Deployment in       Learn the process of new product development – the strategic, Managing Technology and Innovation for
                                                                                                     Competitive Advantage – V.K. Narayanan
      New Products                   technology and operational phases.                              – Chapter 11 and 12
 12   Technology management group Application of concepts learned for your own assignments and Research relatedservices industry
                                                                                                     and Engineering
                                                                                                                      to Renewable energy

      presentation and discussion. group projects + Evaluation




        ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management                                                 4
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   5
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   6
A journey through scale




    © ATOA Scientific Technologies   www.atoastech.com   Engineering Simulation For Innovation   7
Unity                                                                     Ecosystem


                                                                          Products


•   Quarks                                                               Components


•   Atoms                                                                 Materials


•   Molecules                                                             Molecules

•   Materials                                                               Atoms

•   Structures                                                              Quark


•   Building Systems
•   Ecosystem
•   Planet Earth
•   Solar System
•   Universe
•   Galaxy

       ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   8
Material Unity
• The bottom line is Unity




      ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   9
Technological Environment
• You are not alone!                                                   Economic
                                                                                               Political
   – Your company                                 Social

   – Task Environment                                                     Macro
   – Industry                                                             Environ
                                                                           ment
   – Macro Environment

• Task Environment                                                       Industry
   – Customer
                                                                             Task
   – Suppliers                                                           Environment

   – Competitors
   – Associations                                                           Firm

     ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   10
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   11
New Knowledge to Commercialization
Science                Engineering                      Technology             Products/ Process



Basic / Applied                            Industrial                          Commercialization
Research                                   Research

Universities           Corporate R&D                                    Corporation
Govt Labs              Entrepreneurs                                 Private companies
                                                                          Startups
MIT,                   AT&T                             Microsoft              Apple
IIT                    GE                               TCS, Infosys,          Samsung
NASA,                  Ranbaxy,                         Wipro                  Marico
CSIR                   Tata motors                      Google                 Toyota




          ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   12
The Engineering Process

MATERIAL                       ENGINEERING PROCESS                                             PRODUCT

                        The Traditional Engineered Process
           Conceptual Design                Fabrication          Assembly               Testing



                   The Simulation Based Engineered Process
           Mathematical                                         Virtual              Testing for
                                       Predictive
           Computational                                       product/             Validation &
                                       Processing
              Design                                            system              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                                                        Functional
  technology                                                      Materials

                                   Metals                                    Insulators            Plastics
                                                                                                   Glass
               Ceramics                               Polymers                                     Ceramics
                                                                                Semiconductors
                                Composite                                               Silicon (Si)
                                                                                        Gallium Arsenide (GaAs)
                                                                                        Indium Phosphide (InP)
 Smart                                                                                  Gallium Nitride (GaN)
Materials
                                               Natural
                     Foam                                                               Silicon Carbide (SiC)
                                               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   16
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

    ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   17
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   18
Industrial Value Chain
                                                                                                     • Margin

                                            Infrastructure
                                               Sourcing

       In                                               Out                  Marketing
                            Operations                                                                Services
    Logistics                                         Logistics              and Sales



                                       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   20
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

        ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   21
Emerging Technologies 2011
  Social Indexing                                         Homomorphic Encryption
  Facebook remaps the Web to                         Making cloud computing more
  personalize online services                                                secure
  Smart Transformers                                               Cloud Streaming
  Controlling the flow of electricity                    Bringing high-performance
  to stabilize the grid                                 software to mobile devices
  Gestural Interfaces                                             Crash-Proof Code
  Controlling computers with our                      Making critical software safer
  bodies                                                  Separating Chromosomes
  Cancer Genomics                                      Precise way to read DNA will
  Deciphering the genetics behind                     change how we treat disease
  the disease                                                        Synthetic Cells
  Solid-State Batteries                              Designing new genomes could
  High-energy cells for cheaper                      speed the creation of vaccines
  electric cars                                      and biofuel-producing bacteria


                                                             From: http://www.technologyreview.com/tr10/
    ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   22
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   23
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   24
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   26
S4 Technological Change Process
• Innovation
   – Drivers
   – Process
   – Technology Evolution
   – Characteristics                                                                           Maturity




                                                       Adoption Rate
                                                                               Growth
• Diffusion
   – S curve diffusion                                                 Introduction
   – Innovation adoption
                                                                                        Time
   – Drivers


     ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   27
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   28
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   29
S7 Technology Roadmap
                                                                             Time Line

             • Linking Technology resources to                                                  Business/ Market
                                                                                                • M1    M2      M2
               business objectives
                                                                                                Product/Services
             • Bridges commercial and Technological                                             • P1    P2      P3
               perspectives                                                                     Technology
             • Align technology to product and market                                           • T1    T2      T3
Technology




                                                                          Breakthrough
                                                              Evolutionary Technology
                                              Current          Technology
                     Past                   Technology
                  Technology
                Hand wound               Digital                 GPS Enabled               Biochip Time
                                                                   Health Check            Implants     Products
                    Automatic                 Solar
                                                                       Mobile
                               Enabling Technology                                                              Technology
                  ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   30
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   31
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            Feasibility                                Pilot           Production             Post
                                                                                                   Final Design
                                                                                                                                                                 production
                                                                  (T1)                (T2)             (T3)                   (T4)               (T5)               (T6)


• Toll gates (Technical,
                                                   • Customer            • Project team      • Final product      • Execute pre pilot • Execute          • Start production
                                                   • Technical           • Preliminary Design• Final process        builds            • Commercialization• Assesses CTQs
                                                   • Commercial          • Process Design • Design                • Assess Pilot        plan             • Assess plan
                                                   • Competition         • CTQs                Specifications     • Equipment         • Quality plan     • Post production

  Quality, Production)                             • Concept Design
                                                   • Funding
                                                                                             • Tool and model
                                                                                               files
                                                                                                                    readiness         • Production
                                                                                                                  • Material readiness technical review
                                                                                                                                                           review




• Product/ idea pipeline


      ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management                                                                        34
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   35
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.
        ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management   37

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Tech innovation s1

  • 1. Technology and Innovation Management: S1 Introduction Dr Raj C Thiagarajan To SIBM SIII MBA Students ATOA Scientific Technologies Engineering Simulation For Innovation
  • 2. 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
  • 3. 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. Mail : Raj@atoastech.com + Patent and Publications Leadership. Visit : www.atoastech.com Connect: http://in.linkedin.com/in/ctraj ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management
  • 4. Overview No. Topics Learning Outcome Reading References 1 Management of Technology Scope of the Course and an overview of the subject Management of Technology and Innovation: A Strategic Approach – White and Innovation – Overview & Bruton, Chapter 1 2 Managing Creativity and Learn the fundamental of innovation concepts and foundation Managing Creativity and innovation Harvard Business Essentials innovation for value creation. 3 Technology tools for innovation Learn Concurrent, reverse, value engineering concept and tools Engineering and technology management tools and applications, B.S. Dhillon to facilitate successful innovation. Chapter 8 and 9. 4 Process of Technological Analyze the dynamics of innovation and diffusion based Managing Technology and Innovation for Competitive Advantage – V.K. Narayanan change technological changes – Chapter 3 and 4 5 Technology intelligence and Learn the process of gathering technology intelligence for making Managing Technology and Innovation for Competitive Advantage – V.K. Narayanan competition strategic decisions .Analyze the influence of technology on – Chapter 5 and 7 competition 6 Technology management tools Learn to use idea, project and technology management tools for Engineering and technology management tools and applications, B.S. Dhillon decision making. 7 Technology Road map 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. 8 Technology Strategy models Learn the principle involved in formulating and implementing a Managing Technology and Innovation for Competitive Advantage – V.K. Narayanan technology strategy. – Chapter 8 and 9 9 Organizing for Innovation 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 10 Intellectual Property Strategy Understand ways to protect the knowledge assets that constitute Managing Technology andV.K. Narayanan Competitive Advantage – Innovation for and management the basis of competitive advantage. – Chapter 14 11 Technology Deployment in Learn the process of new product development – the strategic, Managing Technology and Innovation for Competitive Advantage – V.K. Narayanan New Products technology and operational phases. – Chapter 11 and 12 12 Technology management group Application of concepts learned for your own assignments and Research relatedservices industry and Engineering to Renewable energy presentation and discussion. group projects + Evaluation ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 4
  • 5. 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 5
  • 6. 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 6
  • 7. A journey through scale © ATOA Scientific Technologies www.atoastech.com Engineering Simulation For Innovation 7
  • 8. Unity Ecosystem Products • Quarks Components • Atoms Materials • Molecules Molecules • Materials Atoms • Structures Quark • Building Systems • Ecosystem • Planet Earth • Solar System • Universe • Galaxy ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 8
  • 9. Material Unity • The bottom line is Unity ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 9
  • 10. Technological Environment • You are not alone! Economic Political – Your company Social – Task Environment Macro – Industry Environ ment – Macro Environment • Task Environment Industry – Customer Task – Suppliers Environment – Competitors – Associations Firm ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 10
  • 11. 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 11
  • 12. New Knowledge to Commercialization Science Engineering Technology Products/ Process Basic / Applied Industrial Commercialization Research Research Universities Corporate R&D Corporation Govt Labs Entrepreneurs Private companies Startups MIT, AT&T Microsoft Apple IIT GE TCS, Infosys, Samsung NASA, Ranbaxy, Wipro Marico CSIR Tata motors Google Toyota ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 12
  • 13. The Engineering Process MATERIAL ENGINEERING PROCESS PRODUCT The Traditional Engineered Process Conceptual Design Fabrication Assembly Testing The Simulation Based Engineered Process Mathematical Virtual Testing for Predictive Computational product/ Validation & Processing Design system 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
  • 14. Materials Technology Nano Functional technology Materials Metals Insulators Plastics Glass Ceramics Polymers Ceramics Semiconductors Composite Silicon (Si) Gallium Arsenide (GaAs) Indium Phosphide (InP) Smart Gallium Nitride (GaN) Materials Natural Foam Silicon Carbide (SiC) materials Metals Copper Gold Silver Tungsten ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management
  • 15. 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
  • 16. 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 16
  • 17. 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 ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 17
  • 18. 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 18
  • 19. Industrial Value Chain • Margin Infrastructure Sourcing In Out Marketing Operations Services Logistics Logistics and Sales Human Resources Technology Development • Core activities • Support activities ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management
  • 20. 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 20
  • 21. 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 ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 21
  • 22. Emerging Technologies 2011 Social Indexing Homomorphic Encryption Facebook remaps the Web to Making cloud computing more personalize online services secure Smart Transformers Cloud Streaming Controlling the flow of electricity Bringing high-performance to stabilize the grid software to mobile devices Gestural Interfaces Crash-Proof Code Controlling computers with our Making critical software safer bodies Separating Chromosomes Cancer Genomics Precise way to read DNA will Deciphering the genetics behind change how we treat disease the disease Synthetic Cells Solid-State Batteries Designing new genomes could High-energy cells for cheaper speed the creation of vaccines electric cars and biofuel-producing bacteria From: http://www.technologyreview.com/tr10/ ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 22
  • 23. 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 23
  • 24. 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 24
  • 25. 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
  • 26. 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 26
  • 27. S4 Technological Change Process • Innovation – Drivers – Process – Technology Evolution – Characteristics Maturity Adoption Rate Growth • Diffusion – S curve diffusion Introduction – Innovation adoption Time – Drivers ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 27
  • 28. 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 28
  • 29. 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 29
  • 30. S7 Technology Roadmap Time Line • Linking Technology resources to Business/ Market • M1 M2 M2 business objectives Product/Services • Bridges commercial and Technological • P1 P2 P3 perspectives Technology • Align technology to product and market • T1 T2 T3 Technology Breakthrough Evolutionary Technology Current Technology Past Technology Technology Hand wound Digital GPS Enabled Biochip Time Health Check Implants Products Automatic Solar Mobile Enabling Technology Technology ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 30
  • 31. 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 31
  • 32. 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
  • 33. 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
  • 34. 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 Feasibility Pilot Production Post Final Design production (T1) (T2) (T3) (T4) (T5) (T6) • Toll gates (Technical, • Customer • Project team • Final product • Execute pre pilot • Execute • Start production • Technical • Preliminary Design• Final process builds • Commercialization• Assesses CTQs • Commercial • Process Design • Design • Assess Pilot plan • Assess plan • Competition • CTQs Specifications • Equipment • Quality plan • Post production Quality, Production) • Concept Design • Funding • Tool and model files readiness • Production • Material readiness technical review review • Product/ idea pipeline ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 34
  • 35. 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 35
  • 36. 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
  • 37. 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. ©ATOA Scientific Technologies Pvt Ltd | SIBM , III Semester MBA| Technology and Innovation Management 37