Study Guide

Objectives

After completing this course the student:

1) is able to comprehend the importance of technology design and innovation management

2) can apply design thinking, creativity, and problem-solving tools to develop new products, services, processes and business models providing added value to relevant, specific stakeholders

3) is capable of acting independently or as part of a design and innovation team

Content

Technology design and innovation management principles, linear vs. cyclic approach; design thinking methodologies, identifying and defining customer needs, creating user-centered, sustainable designs and solutions, POC/MVP, DFM, DFA, DFT, DFL, LCA, LTV, CSR, BPR, ABM, CRM, SCM, TQM

New idea generation, holistic ideation techniques, analyzing and improving own working methods, hands-on approach; lifecycle perspective, viable business criteria, business profitability improving, lean startup, relevant strategies - Blue Ocean framework, disruptive innovation, roadmaps, KPIs

Importance of various stakeholders, stakeholder analysis, risk management; visual, effective presentation; pitching rehearsal and argumentation, communication strategy.

Prerequisites

Industrial Economics

Assessment criteria, satisfactory (1-2)

Student will achieve the minimum acceptable level by: participating the minimum required amount on face-to-face classes / written report (portfolio) includes the essential content (ref: study plan) / student (or /-s) prove with their written output (both content and form) to possess basic knowledge & skills, parallelly presenting and emphasizing information relevant to objectives / students have also proven that they possess a wide range of information regarding course's topics / contents (Bloom's taxonomy level 1) and that they also understand the meaning of all the possessed information (Bloom's taxonomy level 2)

Assessment criteria, good (3-4)

Student will achieve this level by: participating the minimum required amount on face-to-face classes / written report includes the essential content (ref: study plan) / student (or /-s) prove with their written output (both content and form) to possess good knowledge & skills, parallelly combining already existing, original material with by themselves provided, value-adding information or knowledge / students have also proven that are (in addition to Bloom's levels 1 and 2) capable of applying all the acquired knowledge in to them relevant, working life situations (Bloom's taxonomy level 3) and that they are capable of analysing, breaking information into sub-parts and drawing conclusions based on this data (Bloom's taxonomy level 4)

Assessment criteria, excellent (5)

Student will achieve this level by: participating the minimum required amount on face-to-face classes / written report includes the essential content (ref: study plan) / student (or /-s) prove with their written output (both content and form) to possess exceptional knowledge & skills, parallelly combining already existing, original material with by themselves provided, value-adding information or knowledge in such a manner that this process will provide entirely new information (deductions, implications, applications, discoveries, summaries) /students have proven that they master all the earlier described Bloom's taxonomy levels (1-4) and are additionally capable of innovating and differentiating in their work all the acquired knowledge (Bloom's taxonomy level 5) - The highest level possible to acquire is Bloom's taxonomy level 6 which is to state that learner has obtained the highest level maturity possible - meaning that the learner can also critically observe his or hers learning process's outcomes and is autonomically capable of enhancing his or hers cognitive mental schemas, further to enhance learning efficiency

Further information

Course provides a versatile and practical approach to technology design and innovation management, coaching students for successful work in complex and demanding projects within the field.

Course utilizes process-oriented portfolio pedagogy, involving collaborative work in peer groups throughout the entire course, producing a portfolio (no exams). The portfolio will be assessed. Note! The peer group may remove a member who, for any reason, is unable to commit to the collectively agreed-upon working rules (removal = no grade).

Face-to-face teaching/mentoring and peer group work on alternating weeks.