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Dr. Frans M. van Eijnatten Program Director IE MSc IM Master Track Event 22 September 2015 IE MSc Innovation Management 22 September 2015 IE MSc Innovation Management Master Track Event Presentation For more information: https://educationguide.tue.nl/programs/graduate-school/masters- programs/innovation-management/ Or contact: Dr. Frans M. van Eijnatten Pav. J.08 HPM, tel.: 0402472469, [email protected] Department of Industrial Engineering and Innovation Sciences Technische Universiteit Eindhoven
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May 13, 2018

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Page 1: IE MSc Innovation Management - assets.studiegids.tue.nl · IE MSc Innovation Management: Specialization Tracks IE&IS PAGE 3. Students will first choose a track, and subsequently will

Dr. Frans M. van EijnattenProgram Director

IE MSc IMMaster Track Event 22 September 2015IE MSc Innovation Management

22 September 2015

IE MSc Innovation ManagementMaster Track Event Presentation

For more information: https://educationguide.tue.nl/programs/graduate-school/masters-programs/innovation-management/Or contact: Dr. Frans M. van EijnattenPav. J.08 HPM, tel.: 0402472469, [email protected] of Industrial Engineering and Innovation SciencesTechnische Universiteit Eindhoven

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‘Mens Agitat Molem’‘It is the human mind that

is changing the matter’

Football Robot TU/eChampion 2013/ 2014IE&IS PAGE 1

TU/e’s Master of Innovation Managementis the TBdk Champion in 2014 and 2015Guide to MastersFebruary 2014/ 2015http://www.keuzegids.org/masters

Sacrada Familia TU/eChampion 2015

http://www.tue.nl/universiteit/nieuws-en-pers/sagrada-familia-van-ijs

Contents of This Presentation

• Introduction• Short Overview of the MSc IM Tracks• Master-Track Selection Procedure• Short Overview of the Mentor System• Mentor-Matching Procedure

Solar ‘Energy- Positive' Family Car TU/eChampion 2013/ 2014/ 2015

IE Master IM Track Event

This presentation is downloadable at 1S126

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Choices in the IE Master Innovation Management:• 11 of the 18 IM master courses = 61% are directly selected by the student,• 6 of those 11 elective courses = 55% are free electives.

Students have at least five types of choices:Choice 1: Innovation Management thematic tracks (and its Restricted

Specialization Electives),Choice 2: Additional elective courses within the tracks (Recommended

Specialization Electives),Choice 3: Host university for the international semester,Choice 4: Free elective courses at home/ foreign universities (Free

Electives),Choice 5: Theme and mentor for the master thesis.

Introduction

Choices in the IE MSc Innovation Management

IE&IS PAGE 2Master Track Event Presentation

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An important aspect of the IE Innovation Management master are the specialization tracks. Tracks can be defined as thematicgroupings of elective courses which belong together, or as groupings of master-thesis subjects for which those courses are relevant. • IM Track 1: Business and Product Creation (BPC)• IM Track 2: Managing Innovation Processes (MIP)• IM Track 3: Free Track for Excellent Students (Top 10%)

(Honours Programs in Research & Design; Dual-Degree Programs)

The choice for one of these tracks is obligatory and final.

Introduction

IE MSc Innovation Management: Specialization Tracks

IE&IS PAGE 3

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Students will first choose a track, and subsequently will start the search for a mentor within that track.

There will be a free market period, during which students and mentors can have interviews in order to find a good student-mentor match. In order to support this matching process, we will try to balance the requests for interviews.

Introduction

IE MSc IM: Specialization Tracks and Mentor Matching

Selection of a personal mentor in Quarter 2 of Year 1

Selection of a track in Quarter 1 of Year 1

IE&IS PAGE 4Master Track Event Presentation

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The IM Program Committee has developed a list of themes and topics for the first two tracks: Business & Product Creation (BPC), and Managing Innovation Processes (MIP), respectively.

Students are requested to indicate which themes they are interested in, and mentors are requested to indicate the themes for which they can act as a mentor.

Introduction

IE MSc Innovation Management: Mentor Matching

IE&IS PAGE 5

Virtual market, facilitated by allocation software matching theme preference of student with mentor’s expertise

Master Track Event Presentation

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Basic Program Structure of the IE MSc IM

PAGE 6IE&IShttps://educationguide.tue.nl/programs/graduate-school/masters-programs/innovation-management/curriculum/

Short Overview of the MSc IM TracksYe

ar 1

Year

2

International Semesterand / or

Free Electives at TU/e or other Dutch Universities(May Include Literature Review)

Research Proposal

Master Track Event Presentation

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Basic Program Structure of the IE MSc IM

IE&IS PAGE 7

Short Overview of the MSc IM Tracks

https://www.tue.nl/en/education/tue-graduate-school/masters-programs/innovation-management/study-program/

Master Track Event Presentation

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IE&IS PAGE 8

Short Overview of the MSc IM Tracks

Master Track Event Presentation

IM Specialization Track 1

This track focuses on the fore front of the innovation processIn this track the focus is on creative idea generation, opportunity identification,entrepreneurial actions, and initiating break-through projects

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IM Specialization Track 1

PAGE 9IE&ISTrack 1 contains thematic groupings of specialization electives, which are taught in Year 1. The choice for a track is compulsory and final !

IM Track 1: Business and Product Creation (BPC)This track focuses on the fore front of the innovation process, and contains the following specialization electives:Restricted Specialization Elective *):Design Project for Business & Product Creation

Recommended Specialization Electives **):Technology entrepreneurship; Open innovation; Entrepreneurial finance; Entrepreneurial marketing; Selling new products; System dynamics; Software requirements management; Innovating healthcare through business networks; Managing team dynamics and team performance*) Restricted Specialization Electives are based on the IM Program Objectives.**) Recommended specialization electives: 5 out of 9. One of the Recommended Specialization Electives might be exchanged

by a Free Elective. Each Specialization Elective = 5 ECTS

Short Overview of the MSc IM Tracks

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IM Track 1: Business and Product Creation

PAGE 10IE&IS

Short Overview of the MSc IM Tracks

Description: This track emphasizes the front end of the innovation process and teaches students the essence of creative idea generation, opportunity identification, entrepreneur-ial actions, and initiating break-through projects.Key Words: Radically new products, entrepreneurial, creative, idea generation, risk seeking, breakthrough, exploration, small scale, new busines, effectuation, ideationExamples: new application areas (‘smart cities’, ‘smart houses’, ‘smart mobility’, ‘smartenergy’), new business models, new (societal) problems, new media, e-business, internet of things (e.g., telemetry), high-tech start-ups, micro businessesJob Market Positions:Multinational: Business engineer; sales engineer; innovation excellence advisor, project and program managerConsultant for multinational: Business analist strategy; junior project managerConsultant for SME: Strategy consultant; business developer; innovation marketeer,business creation managerSmall company: CEO & founder; managing director; director business development; headof ecosystem; technical project manager

Master Track Event Presentation

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IM Track 1: Business and Product Creation

PAGE 11IE&IS

Short Overview of the MSc IM Tracks

Master Track Event Presentation

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IM Track 1: Business and Product Creation

PAGE 12IE&IS

Restricted Specialization Elective: CompulsoryRecommended Specialization Electives: 5 out of 9

Short Overview of the MSc IM Tracks

Master Track Event Presentation

BPC

BPC

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‘Mens Agitat Molem’‘It is the human mind that

is changing the matter’

Master Track Event Presentation

Some Examples of IM Master Theses in Track 1: BPC

PAGE 13IE&IS

Short Overview of the MSc IM Tracks

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IM Specialization Track 2

Master Track Event Presentation PAGE 14IE&IS

Short Overview of the MSc IM Tracks

This track focuses on the back end of the innovation processIn this track, the focus will be on continuous improvement, planning the innovation process, analysing the market, and managing supporting processes

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PAGE 15

IM Track 2: Managing Innovation Processes (MIP)This track focuses on the back end of the innovation process, and contains the following specialization electives:

IE&IS

Track 2 contains thematic groupings of specialization electives, which are taught in Year 1. The choice for a track is compulsory and final !

Recommended Specialization Electives **):Strategy & technology management; System dynamics; Project & process management; Strategic sourcing & supply management; Service engineering & marketing; Selling new products; Business process management; Managing team dynamics and team performance; IT governance

Restricted Specialization Elective *):Design Project for Managing Innovation Processes

Short Overview of the MSc IM Tracks

IM Specialization Track 2

*) Restricted Specialization Electives are based on the IM Program Objectives.**) Recommended specialization electives: 5 out of 9. One of the Recommended Specialization Electives might be exchanged

by a Free Elective. Each Specialization Elective = 5 ECTS

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IM Track 2: Managing Innovation Processes

PAGE 16IE&IS

Short Overview of the MSc IM Tracks

Description: In this track, the focus will be on continuous improvement, planning the innovation process, analysing the market, managing supporting processes such as IT and human capital, securing efficiency and milestones, larger developments, and firms in more stable markets.Key Words: Strategy, planning, analysing, supporting process, efficiency, milestones, big data, large scale, exploitation, causation, stable marketsExamples: Sales analysis, marketing research, process management, product life-cycle management, big data intelligence, knowledge management, product and process redesign, customer sentiment analysis, product and process quality and reliabilityJob Market Positions:Multinational: Manager innovation and subsidies; manager R&D department / manager customer service center; manager back-office sales; digital service manager, executive support Chief Commercial Officer, project manager; project engineer; planning manager; demand planner; strategic buyer; sourcing manager; supplier relationship manager; purchasing and supply chain manager; change manager; management traineeConsultant for multinational: Business analist; junior project manager

Master Track Event Presentation

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PAGE 17IE&IS

IM Track 2: Managing Innovation Processes

Short Overview of the MSc IM Tracks

Master Track Event Presentation

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IM Track 2: Managing Innovation Processes

PAGE 18IE&IS

Restricted Specialization Elective: CompulsoryRecommended Specialization Electives: 5 out of 9

Short Overview of the MSc IM Tracks

Master Track Event Presentation

MIP

MIP

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Master Track Event Presentation

Some Examples of IM Master Theses in Track 2: MIP

‘Mens Agitat Molem’‘It is the human mind that

is changing the matter’

PAGE 19IE&IS

Short Overview of the MSc IM Tracks

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PAGE 20

IM Track 3: Special / Free Track,

Special Track / Free Track, reserved for the honours programs inresearch and design, and for the dual-degree programs

All specialization and free electives to be suggested by the personal mentor, and to be approved by the Research Director IE in case of the honours programs, or by the Program Managers in case of the dual-degree programs

IE&IS

For Top 10% of Students, only

Short Overview of the MSc IM Tracks

IM Specialization Track 3

Master Track Event Presentation

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22 Sept 2015: IM Master Track Information Event22 Sept - 11 Oct 2015: Orientation phase track selectionBetween 1 - 11 Oct 2015 IM students fill in “track questionnaire”

12 Oct - 14 Oct 2015: Track matching phaseUltimately 14 Oct 2015, IM students receive the notification oftheir track.

Master-Track Selection Procedure IM

To participate in the track selection procedure, students should be registeredbefore September 22, 2015 in OASE (course code 1MC00).

This is automatically arranged, but please check your registration

Important Dates Master-Track Selection Procedure IM

PAGE 21IE&IS Master Track Event Presentation

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An experienced IM lecturer who is also a qualified researcher in IM, guides the student through the whole master graduation process as a personal mentor.

Theme Selection for the Master Thesis

Review of the Literature about Selected Theme/ Topic (Discretionary)

Research Proposal for the Master Thesis (Obligatory)

Master Thesis Research and Report

PAGE 22IE&IS

The Mentor in the IE MSc Innovation Management

Selection of a personal mentor in Quarter 2 of Year 1

Selection of a track in Quarter 1 of Year 1

Short Overview of the Mentor System

Master Track Event Presentation

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Mentor System, to Assist You in Your Study Process• One year before start of the Msc Thesis Project (at the

end of the first semester)• Virtual market open during in Quarter 2, facilitated by

allocation software matching topic preference of student and mentor’s expertise

Role of the Mentor• Advise on study and electives• Advise on planning your international

semester (e.g., school, courses)• Assistance with selection and preparation of

thesis (topic, company)• Supervision of thesis project

Short Overview of the Mentor System

PAGE 23IE&IS Master Track Event Presentation

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Mentor Selection in the IE MSc Innovation Management

PAGE 24IE&IS

Short Overview of the Mentor System

Master Track Event Presentation

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The Roles of a Mentor Duringthe IE Master Program IM

Short Overview of the Mentor System

PAGE 25IE&IS

Month 1: Start of the Master Program IMMonth 3-5: Mentor Selection / Allocation Discuss with the mentor your skill improvement program, your

general interests, and your electives program for the quarters 4, 5 and 6, including the international term (formal approval)

Month 6-17: Master-Thesis Preparation You will meet bi-monthly with your mentor to discuss a research

topic and questions, and possible company involvement The mentor helps the student in selecting/ developing a good

(design-oriented) research questionMonth 18-24: Master-Thesis Project Mentoring during the whole thesis project (also helps to decide

about a 2nd assessor)

Master Track Event Presentation

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• The “dating program” will match student and mentor themes• The result is a shortlist of mentors whom you may contact for

an interview/ appointment. You will receive this shortlistultimately 29 October 2015.

• Mentors also receive the list of students; mentors will notinterview students not listed (only later they can).

• So, please refrain from contacting people who are not on thelist

• The algorithm offers each student at least 2, and a maximum of 4 interviews, and for each mentor at least 2, and a maximum of 5 interviews

Mentor Interview Planning Procedure IM

Mentor-Matching Procedure

PAGE 26IE&IS Master Track Event Presentation

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22 Sept 2015: IM Master Track Information Event14 Oct 2015: IM students receive the notification of their track14 Oct - 20 Oct 2015: Orientation phase mentor matching

Before 20 Oct 2015: IM students fill in “theme questionnaire”20 Oct - 29 Oct 2015: Mentor-matching phase

Ultimately 29 Oct 2015, IM students receive their shortlist of mentors30 Oct - 6 Dec 2015: Free market phase

IM students have interview meetings with (short-listed) mentors, no commitments

7 Dec 2015 - 4 Jan 2016: Mentor/ student decisionsIf match, then student fills in mentor selection form, and hands it inat education administration office

Important Dates Mentor-Matching Procedure IM

Mentor-Matching Procedure

PAGE 27IE&IS Master Track Event Presentation

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Mentor-Matching Procedure

PAGE 28IE&IS

Important Dates Mentor-Matching Procedure IM

15 Dec 2015 - 4 Jan 2016: OASE shows up-to-date overviewof still available mentorsStudents without mentor can contact them, directly

5 Jan - 9 Jan 2016: IM Students still without a mentor will beallocated

Before 1 Feb 2016: IM students have first long meetingwith their mentor, to discuss their personal skillsdevelopment plan, and further choices

Master Track Event Presentation

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Dr. Frans M. van EijnattenProgram Director

IE MSc IM

For more information: https://educationguide.tue.nl/programs/graduate-school/masters-programs/innovation-management/Or contact: Dr. Frans M. van EijnattenPav. J.08 HPM, tel.: 0402472469, [email protected] of Industrial Engineering and Innovation SciencesTechnische Universiteit Eindhoven

Please, Prepare Yourself, and Make Your choices

Master Track Event 22 September 2015IE MSc Innovation Management