Managing technologies, products, innovations and creating suitable appropriation mechanisms is becoming fundamental for an organisation to survive in an increasingly knowledge driven competitive world. Successful integration of technologies into business needs and anticipating emerging technologies are becoming critical for organisations. Understanding and identifying the contextual environment enables organisations to have a handle on developing technology assets that can be translated into successful innovations and products. CTIM has been conceived with a strong conviction that technologies have shifted their position from being a secondary component of an organisation’s value chain to being the business itself.
Typically, organisations face the following decision taking issues:
1. Selection and creation of a portfolio
2. Make or license products
3. Irreversible risks associated with emerging technologies
4. Collaborate or Not
5. Forecasting - Be the chief disruptor or act as close follower
At the national level, access and ownership of thrust area technologies identified has been identified as the principal priority. Explaining with an example, the National Manufacturing Policy 2011 (NMP 2011) of Government of India discusses and stresses the role played by technological assets for an organisation, especially at the small and medium enterprises level (SMEs). Policies like technology acquisition funding have been given importance for India to expand its presence in identified thrust areas of manufacturing. Acquiring and owning technological assets requires a thorough knowledge of the technological capabilities, the business opportunities to create new products and solutions and identification of emerging competitive technologies to continue the new product development cycle. The example of NMP 2011 suggests the key role played by technology and innovation management specialists for the growth of the organisation and the nation.
Management of Technology is an amalgamation of technology, strategy, innovation, operations, economics and entrepreneurship! Such a complex interaction enables leaders to be created and sustained. The Engineering and Technology Management (ETM) area at NITIE is evolving as a leader in practise and research in the intersection of engineering and management by offering executive education programs and courses in these increasingly critical subjects. CTIM at NITIE lays emphasis on technology as the core differentiator for the organisation and helps identifies paths to leverage the knowledge of both intangible and tangible products to improve organisation’s performance. CTIM bridges “engineering” and “management” through focussed research that provides a logical extension of IE and Decision models to strategy making.
The CTIM area has a combined experience of nearly 60 man years across a broad range of industry that includes Auto, Renewable Energy, Telecommunications and Networks, Electronics, Information Technology, Manufacturing and Government Entities. The core faculty members of ETM are (Alphabetical Order):
1. Prof. Harsh V. Bhasin
2. Prof. (Ms.) Karuna Jain, Director
3. Prof. Koteswara Rao Naik
4. Prof. Mukundan R., Area Co-ordinator, ETM Group
5. Prof. Ruchita Gupta
1. Best practises of MOT in India
2. Challenges and Commercialisation models of new technologies
3. Cloud and Big data diffusion
4. CTO decision making - Technology Foresight and Roadmap design
5. Diffusion and Adoption of value add services in ICT
6. Solar technology in rural areas
7. Standards, FRAND licenses, Patent pools and Clean Tech
8. Strategic Internet of Things in Manufacturing space
9. Technoprenuership approach – science parks vs. incubation.
Visionary Technology Leaders are technically trained personnel with the ability to visualize, to communicate a solution, and hone competencies to realise opportunities. It is only with such leaders at all levels can an organization become a leader in its own right. The ETM executive education acts as an enabler for the various engineers and senior managers to transition into a technology manager and leader who value the intangible resource of technological capabilities and competencies. The Executive Education Programme modules are designed to enhance and develop the strategic understanding and thinking skills that adds value to an organisation’s innovation and operations – ranging from the R&D stage all the way to commercialization in order for organizations. This includes:
CTIM would be privileged to engage with the industry and other Research organisations in order to understand and do specific contribution to leverage the strategic technology management solutions available to industry.
Do drop in a line at ctim[at]nitie.edu / mukundan[at]nitie.edu to explore engagement models and a collaborative approach to take NITIE forward in the exciting strategic journey of managing technology for growth and excellence!