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Technology Management and Innovation

Introduction

This module looks at the role and value of innovation and technology in the business. It addresses how to manage innovation and technology at both a strategic and operational level in a business. It will also consider how to select and apply appropriate frameworks and techniques for identifying, assessing and delivering technological change at an acceptable risk.

Objectives

Upon successful completion participants will be able to:

  • Explain the relationship between innovation and competitive performance and assess the business ‘conditions’ for innovation
  • Demonstrate awareness of the role of technology in contributing to and supporting innovation
  • Understand and develop a technology strategy to support robust business decision-making
  • Select and apply technology planning approaches and techniques (e.g. road mapping, technology auditing)
  • Understand and apply a holistic framework for the effective management of technologies

Syllabus

  • Innovation & competitive performance
  • Relationship between technology and innovation
  • Emergent technologies in Aerospace
  • Creating an environment for innovation
  • Technology strategy
  • Technology management framework
  • Technology road mapping
  • Case studies
  • Simulation

Assessment

6,000 word assignment (90%), plus an in module case study (10%)

Duration

total contact hours:17 hours of lectures, 12 hours of seminars, 12 hours of practical classess