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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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
‘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
• 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
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
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.
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
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
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
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
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
IM Track 1: Business and Product Creation
PAGE 11IE&IS
Short Overview of the MSc IM Tracks
Master Track Event Presentation
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
‘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
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
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
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
PAGE 17IE&IS
IM Track 2: Managing Innovation Processes
Short Overview of the MSc IM Tracks
Master Track Event Presentation
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
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
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
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
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
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
Mentor Selection in the IE MSc Innovation Management
PAGE 24IE&IS
Short Overview of the Mentor System
Master Track Event Presentation
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
• 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
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
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
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