In both, the service and manufacturing sectors, managers face the challenge of being able to judge the impact of innovation and new technology on their markets. The Technology and Innovation Management (TIM) concentration prepares MBA students for this challenge. It covers the ways in which markets change due to the influence of technology, how innovative ideas are developed and introduces to the market, and how managers can increase the innovation performance of their organizations.
TIM integrates ideas from economics, creativity and product design, R&D management, operations management, global purchasing, and strategic marketing. The resulting program places equal emphasis on how to analyze business situations and how to implement suitable action plans.
An essential element of the MBA-TIM concentration is the industry project. In cooperations with an SIMT sponsor company, groups of about six students work together on a real business problem. Under the guidance of a faculty member, they have to apply knowledge gained from their coursework and identify potential solutions to the company's issues. In close discussion with the company, the most effective solution is identified and a detailed action plan is then developed. Previous projects have been conducted in both the service and manufacturing sectors and have looked at such issues as developing better product portfolios and designing more effective distribution channels.
Graduates of the MBA-TIM concentration are qualified for management positions in a number of functional areas, from marketing, to R&D, to manufacturing (or operations in the service sector), to supply chain management. Due to the broad approach taken in the concentration, the knowledge and skills developed are applicable in a broad range of industries.
Technology and Innovation Management concentration courses available
- Technology, New Economy and Employment
- Advanced Manufacturing and Techology
- Global Purchasing
- R&D Management
- Product Design
- Strategic Marketing