Technology Strategy and Portfolio ManagementLaajuus (5 cr)
Code: 5K00GH23
Credits
5 op
Objectives
After completing this course the student:
• can foster a culture of continuous improvement and adaptation as well as apply a holistic mindset to strategically plan and manage technology-driven companies
• is able to manage technology portfolios and strategy, enabling them to make informed decisions on resource allocation, risk management, and optimization for maximum value
• can create and optimize business models, aligning them with strategic company objectives to enhance differentiation, competitiveness and market positioning
Content
Technology strategy and portfolio management; current state vs future business goal; business model (BMC, value chain analysis, value network analysis); development of technology strategy, challenges vs solutions for implementing a technology strategy.
Stakeholder needs and expectations, linkage to company's goals & operations; customer value; new technology investments (DuPont, NPV, FCF); technology linkage to the company's operations and business benefits.
Technology investment projects, marketing projects, product development projects, change management projects, objectives & results (resources, time, quality, costs, skills, budget), life cycle; identification, assessment, and management of risks; measurement and monitoring of operations; decision-making
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 prepares students to lead technology-driven companies. Students learn to make informed decisions regarding resources, risks, and strategy. A practical course providing essential skills for successful work in the technology sector.
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.