Innovation Management Master Track choice & Mentor selection procedure March 16, 2017
Welcome! Dr. Jeroen Schepers Associate Professor of Frontline Service and Innovation Program Manager Innovation Management CNT 0.07, Tel. (+31 40 247) 4384 J.J.L.Schepers@tue.nl Twitter: @jeroenschepers www.jeroenschepers.nl 1 / Innovation Management Track and Mentor information
Agenda Choices in IM Specialization tracks Mentor selection procedure Drinks! 2 / Innovation Management Track and Mentor information
Choices in IM You have at least five types of choices 1. Specialization track 2. Elective courses within track 3. Host university for the international semester 4. Free elective courses at home / foreign university 5. Theme and mentor for the master thesis 3 / Innovation Management Track and Mentor information
Program: Year 1 Q1 Q2 Q3 Q4 1ZM16 Management of Product Development Track Elective 1ZM11 Marketing and Innovation 1ZM100 / 1ZM110 Design project 1JM06 Human Aspects of Innovation Track Elective 1BM56 Business Intelligence Track Elective 1ZM31 Multivariate Statistics Track Elective 1ZM50 Design Science Methodology Track Elective Track = Set of courses on same theme. Select at least 5 out of 9. 4 / Innovation Management Track and Mentor information
Two tracks Business and Product Creation Managing Innovation Processes 5 / Innovation Management Track and Mentor information
Two tracks Business and Process Creation Excellence Track (Top 10%) Managing Innovation Processes 6 / Innovation Management Track and Mentor information
Business and Product Creation Track 7 / Innovation Management Track and Mentor information
Business and Product Creation Track Focus Key words Typical jobs Competencies Front-end of the innovation process, where individuals think about setting up their own business, and where established companies start the development of new and innovative products Creative idea generation, opportunity identification, entrepreneurial actions, breakthrough projects, radically new products, exploration, new business models, start-ups Product developer, innovation strategist, innovation manager, strategy consultant, business developer, business engineer, entrepreneur (CEO), project manager Creativity, ability to cope with uncertainty, qualitative research skills 8 / Innovation Management Track and Mentor information
Business and Product Creation Track Q2 2016/2017 1BM70 Innovating healthcare through business networks 1JM30 Managing team dynamics and team performance 1ZM20 Technology entrepreneurship 1ZM70 Entrepreneurial finance 1ZM120 Entrepreneurial marketing Q4 2016/2017 1BM20 Software requirements management 1ZM60 Selling new products 1ZM65 System dynamics 1ZM90 Open innovation Choose 5 out of 9, you may replace one with a free elective 9 / Innovation Management Track and Mentor information Q1 Q2 Q3 Q4 1ZM16 x 1ZM11 Design project 1JM06 x 1BM56 x 1ZM31 x 1ZM50 x
Business and Product Creation Track Q2 2017/2018 1BM70 Innovating healthcare through business networks 1JM30 Managing team dynamics and team performance 1ZM20 Technology entrepreneurship 1ZM120 Entrepreneurial marketing 0HM220 Network society Q4 2017/2018 1BM20 Software requirements management 1ZM60 Selling new products 1ZM70 Entrepreneurial finance 1ZM90 Open innovation Choose 5 out of 9, you may replace one with a free elective 10 / Innovation Management Track and Mentor information Q1 Q2 Q3 Q4 1ZM16 x 1ZM11 Design project 1JM06 x 1BM56 x 1ZM31 x 1ZM65 x
Business and Product Creation Track Current students: Why did you pick this track? I am more interested in the creation of new products and businesses. I have already started multiple small businesses and I want to enhance myself in doing this. I am an entrepreneurial student. I'm always working on business. For example I am now starting a company called X. Another clear reason is because I am a creative person. I'm always looking for new things. I think that business and product creation will always be done almost entirely by people rather than software packages. So, in order to secure my future as much as possible, I think it is also the best choice to choose for a branch which will be mostly dependent on people. 11 / Innovation Management Track and Mentor information
Student perspective: Andrés Proaño Revelo 12 / Innovation Management Track and Mentor information
Managing Innovation Processes Track 13 / Innovation Management Track and Mentor information
Managing Innovation Processes Track Focus Key words Typical jobs Larger innovation projects (in terms of budget) and decisions that managers have to make to move new products through the development stages and finally launch it on the market, including the monitoring and continuous improvement of product/service performance Marketing research, marketing strategy, process management, product lifecycle management, big data intelligence, sales and after-sales service management, product quality and reliability Business analyst, marketing manager/consultant, key account manager, sales manager, service manager, manager R&D department, project manager, strategic buyer, purchasing and supply chain manager Competencies 14 / Innovation Management Track and Mentor information Planning and optimization, systematic, quantitative research skills
Managing Innovation Processes Track Q2 2016/2017 1BM05 Business process management 1JM30 Managing team dynamics and team performance 1ZM35 Strategic sourcing & supply management 1ZM40 Strategy & technology management 1ZM55 Service engineering & marketing Q4 2016/2017 1BM65 IT governance 1CM15 Project and process management 1ZM60 Selling new products 1ZM65 System dynamics Choose 5 out of 9, you may replace one with a free elective 15 / Innovation Management Track and Mentor information Q1 Q2 Q3 Q4 1ZM16 x 1ZM11 Design project 1JM06 x 1BM56 x 1ZM31 x 1ZM50 x
Managing Innovation Processes Track Q2 2017/2018 1BM05 Business process management 1JM30 Managing team dynamics and team performance 1ZM35 Strategic sourcing & supply management 1ZM40 Strategy & technology management 1ZM55 Service engineering & marketing Q4 2017/2018 1BM65 IT governance 1JM21 Designing effective performance management systems 1CM15 Project and process management 1ZM60 Selling new products Q1 Q2 Q3 Q4 1ZM16 x 1ZM11 Design project Choose 5 out of 9, you may replace one with a free elective 16 / Innovation Management Track and Mentor information 1JM06 x 1BM56 x 1ZM31 x 1ZM65 x
Managing Innovation Processes Track Current students: Why did you pick this track? The monitoring and improvement of a product sounds interesting to me. I also like that it still holds on more to the logistic side of the Industrial engineering bachelor. I am more motivated to launch products on the most optimal market, in the most optimal form, at the most optimal time, through the most optimal channels. I would like to work on large innovation projects in larger companies instead of starting my own entrepreneurial company. Besides that, I am more interested in quantitative research. Also in the future I hope to work as a manager or consultant and not as a developer. 17 / Innovation Management Track and Mentor information
Student perspective: Max Damen 18 / Innovation Management Track and Mentor information
Excellence Track: Dual Degree Allows you to complete two masters Currently popular combinations: Innovation Management Innovation Sciences Innovation Management Operations Management and Logistics Other logical combinations: Innovation Management Human Technology Interaction Innovation Management Industrial Design Innovation Management Mechanical Engineering Innovation Management Medical Engineering Innovation Management Business Information Systems Innovation Management Computer Science and Engineering 19 / Innovation Management Track and Mentor information
Excellence Track: Dual Degree Program suggested by student and validated by two program managers Program consists of minimum 165 ECTS, maximum 180 ECTS Satisfies minimum demands of two Master programs Thesis 45 ECTS Features topic on intersection of the two Master programs Two mentors, one from every Master program in the dual degree 20 / Innovation Management Track and Mentor information
Excellence Track: Dual Degree Minimum requirements IM 6 core courses 30 ECTS 4 track elective courses 20 ECTS 1 track design science project 5 ECTS 55 ECTS Thesis 45 ECTS 100 ECTS Available for courses from other master program: 180 100 = max. 80 ECTS 21 / Innovation Management Track and Mentor information
Program: Year 2 Q1 Q2 Q3 Q4 Free Elective (may be international) Free Elective (may be international) Free Elective (may be international) Free Elective (may be international) Master thesis Free Elective (may be international) Free Elective (may be international) 22 / Innovation Management Track and Mentor information
Free elective suggestions Approved by your program manager through personal contact with responsible lecturers Categorized by topic Alternative for or addition to international semester Can be added to both BPC and MIP track May be extra-curricular 23 / Innovation Management Track and Mentor information
Free elective suggestions Q1 Code Name Department Category Prerequisite knowledge 1BM10 E-business IE&IS IT Competence in data modeling, process modeling, or design of information systems. 1JM11 Performance enhancement IE&IS Psychology Basic knowledge of Organizational Behavior. 1CM120 Advanced maintenance and service logistics IE&IS 0FC05 Ethics of technology IE&IS Operations management Technology context Basic Probability theory, statistics, markov chains, poisson processes, linear programming, programming skills - 0LM120 Perspectives on medical technology IE&IS Technology context - 0EM110 Research methodology for the innovation sciences IE&IS Methodology - DAM110 Activating your innovation radar ID Innovation design - DCM110 Designerly perspective on IoT; a growing systems approach ID IT / Innovation design - DDM110 Design for behavioral change ID Psychology / Strategy Interaction Design, User Experience. 9ST14A Academic writing in English CLIC (STU) Language Registration criteria apply. 24 / Innovation Management Track and Mentor information
Free elective suggestions Q2 Code Name Department Category Prerequisite knowledge 1BM41 Business information systems architecture IE&IS 1CM40 Retail operations IE&IS 0HM220 Network society IE&IS 0FC06 Philosophy of science and technology IE&IS 0HM300 Novel technology IE&IS 0LM100 Inside the knowledge system IE&IS 0EM140 Energy, economy and society IE&IS IT Operations management Methodology / Strategy Technology context Technology context / Strategy / Psychology Technology context / Innovation design Technology context / Strategy - General information system concepts, enterprise and data models, database management, software engineering Forecasting, regression analysis, singleechelon stochastic inventory theory Basic applied statistics (descriptive statistics and regression analysis) and basic experience with statistical software (e.g. SPSS of Stata) - Prior coursework involving reflection on technology or philosophy DDM140 Research methods ID Methodology - 9ST14A Academic writing in English CLIC (STU) Language Registration criteria apply. 25 / Innovation Management Track and Mentor information
Free elective suggestions Q3 Code Name Department Category Prerequisite knowledge 1JM100 Management of organizational change and innovation IE&IS Psychology / Strategy Basic knowledge of Org. Behavior. Students with a deficiency should have passed the pre- MSc course Org. Behavior (e.g., 1JV00, 1JK00) 1CM36 Game theory with applications to supply chain management IE&IS Operations management Basic knowledge and skills on single stage inventory models, mathematical functions, limits, integration, differentiation,optimisation 0EM160 Innovation and intellectual property rights IE&IS Technology context / Strategy - 0HM240 The quantified self in health IE&IS Methodology / Technology context 2IMI30 Business process simulation W&I Methodology 2IMW30 Foundations of data mining W&I Methodology / IT Basic statistical and psychological knowledge is required Advised (not compulsory) to have some background in Business Process Modelling, Probability Theory and Statistics Highly recommended to have a working knowledge of statistics, and to have programming experience. Programming is part of the assignments. DAM140 Experiental design landscapes ID DCM130 Design for social innovation ID Innovation design / Methodology Innovation design - It is advised to have experience in at least one previous design project 9ST14A Academic writing in English CLIC (STU) Language Registration criteria apply. 26 / Innovation Management Track and Mentor information
Free elective suggestions Q4 Code Name Department Category Prerequisite knowledge 1JM21 Designing effective performance management systems IE&IS 1CM170 Sustainable supply chains IE&IS 1BM100 Design of service operations IE&IS 1CM60 Design of health care planning and control systems IE&IS Psychology Operations management Operations management Operations management Basic knowledge of work and organizational psychology Basic knowledge on production, inventory, and transportation planning Business process management (1BM05) Prior knowledge on queuing theory and more 0EM190 Infonomics IE&IS Strategy 0EM120 - Governing innovations (recommended) 0EM310 0HM160 0HM270 From industrial ecology to cradleto-cradle Advanced social psychology and consumer behavior Supercrunchers: The human in an era of data science IE&IS Technology context / Strategy - IE&IS Psychology Social Psychology and Consumer Behavior IE&IS Methodology / Psychology 0HM280 Human-robot interaction IE&IS Methodology / IT 2MMS20 Statistics for big data W&I Methodology / IT 2DI66 Advanced simulation W&I Methodology DDM150 User experience theory and practice ID Innovation design / Psychology A decent working knowledge of dealing with data (e.g., Stata, SPSS, R, KNIME) is required Familiarity with probability theory and Bayesian statistics is an asset. Familiarity with probability theory and linear regression Probability theory, basics of discrete-event simulation, some programming Two Bachelor courses on user-centred design or equivalent expertise 9ST14A Academic writing in English CLIC (STU) Language Registration criteria apply. 27 / Innovation Management Track and Mentor information
Mentor system You select your mentor in Q4 Your mentor is an experienced IM lecturer Role of mentor Advice on study and electives Advice on planning your international semester (e.g., university, courses) Assistance with selection and preparation of thesis (topic, company) Supervision of thesis project Literature study (5 ECTS free elective; optional) Research proposal (mandatory) Thesis research and report 28 / Innovation Management Track and Mentor information
Mentor selection system 1. Select your specialization track 2. Indicate your topics of interest within your track in a survey Business and Product Creation 1. Fuzzy Front End, Ideation & Creativity 2. Business Opportunities, Partnership Search, Network Creation & Brokering, Corporate Entrepreneurship & Spin-Outs 3. Alliances, Eco-Systems, also Electronic Alliances and Service Eco-Systems 4. Entrepreneurial Characteristics, Roles, Competences, Leadership & Decision Making 5. Business Models also for e-business, Software Systems & Architectures, Crowd-Funding Managing Innovation Processes 1. R&D Portfolios, Marketing / R&D Interface, Exploration & Expoitation 2. Performance Measurement, Business Analytics, Decision Making & Control, Cycle Times, Time to Market 3. Product Launch & Adoption, Selling New Products, After-Sales Service, Sales-Service Interface, including Process Management 4. Leadership, Individual & Team Decision Making, Organizational, Team, Task-Role Structures/ Cultures/ Competences 5. Software Management, Decision Support Systems, Risk Management, Outsourcing & Supplier Management 29 / Innovation Management Track and Mentor information
Mentor selection system 3. Mentors have indicated their topics of expertise and a dating program will match your interests with mentors having expertise in that domain 4. You receive a shortlist of mentors (at least 2, maximum 4) whom you may contact for an interview; please do NOT contact mentors that are not on your personal shortlist 5. Schedule your interviews to take place before May 19 6. Prepare yourself! What kind of project do you prefer? => Scan/read theses from library and collect inspiring academic articles! What are your strong/weak points? What do you expect of a mentor? 7. Mentor will make limited number of students an offer after May 19 8. You can accept or decline any offer. On acceptance: sign form! 9. If you do not find a mentor, there is a free market, and thereafter an allocation procedure 30 / Innovation Management Track and Mentor information
After matching Q1 Q2 Q3 Q4 1ZM16 x 1ZM11 Design project 1JM06 x 1BM56 x 1ZM31 x 1ZM50 x 31 / Innovation Management Track and Mentor information Q1 Q2 Q3 Q4 x x x Discuss electives, personal skills, and international term Discuss research topic, literature study, company setup... x x x Conduct literature study? Search company, write research proposal? Master thesis Research, write, supervision, feedback
Important dates 24 March 31 March 13 April 21 April Deadline to fill in the Track questionnaire Date before you will receive the notification of your track Deadline to fill in the Theme questionnaire Date before you will receive a shortlist of mentors 24 April till 19 May Interviews with (short-listed) mentors for an interview. No commitments! 22 May till 2 June Mentor/student decisions. If match, you fill in Form 01 IM Thesis Mentor Assignment and hand it in at education administration office. 6 June till 16 June Canvas shows up-to-date overview of still available mentors (1ZM96). Students without mentor can contact them. 19 June till 23 June Students still without a mentor will be allocated. 32 / Innovation Management Track and Mentor information