models for incorporating information into innovation decisions dr. cherie courseault trumbach...
TRANSCRIPT
Models for Incorporating Information into Innovation DecisionsDr. Cherie Courseault Trumbach
University of New Orleans
9/19/2014
Why Innovation Decisions?
Innovation in Engineering covers
Early Stage (perhaps Basic) Research
Applied Research
Development
Manufacturing
Developments in the Tech Environment
Globalization
Technology Integration
Time Compression
What is the implication for engineering managers?
Deliver new ideas to the quickly
Understanding of the implications of technological developments
Greater forecasting abilities
Willing to change courses when necessary
And drag others along with them
Efficiently determine what is worth pursuing and what is not
Respond to the external environment quickly
Keep the organization focused
The Engineering Manager must move from a manager the supports control to a leader that supports change. Information is the key.
The Result of Lack of Information
Marketing promises that cannot be delivered
Products designed too expensive to develop
Products designed that don’t match customer requirements
Technology changes that make products quickly obsolete
Inefficient product-technology mixes
The public Is not ready for the product
Regulatory changes that shorten the life of the product
What information?
What others are working on
Risk-related knowledge
Internal resources
Competitor information
Technological developments
Social and Governmental Issues
Two Models
Technology Delivery System
Models the information related to those elements that impact the development and delivery of a technology product
Accelerated Radical Innovation
Models the process of incorporating information in the development process
Technology Delivery System: Modeling the innovation drivers
Elements of a TDS
Inputs to the system
Institutions and Organizations
System Processes
System Outcomes
Example TDS
Accelerated Radical Innovation