Management of Technology (OM476) Wrap-up and Conclusions April 26, 2006 S. Fisher

Agenda Brief presentations on Potain negotiation Class summary and conclusions Course evaluations

Negotiation results What was the final agreement? What were the sticking points in your negotiation? Which elements were most important to each party? What were the pros and cons of different forms of partnership (i.e., licensing vs. joint venture)?

Course goals Describe factors that encourage and inhibit technological innovation. Use qualitative and quantitative tools to assess the value of innovation projects. Describe the stages of the design process for developing new products and processes. Describe and evaluate processes for managing technology innovation. Apply tools and concepts to analyze real-world examples of technology management. Evolving goal – develop awareness of historical and current issues in innovation and tech management

Business Week: World’s 25 Most Innovative Companies 1. Apple 2. Google* 3. 3M 4. Toyota* 5. Microsoft 6. General Electric 7. Procter & Gamble 8. Nokia 9. Starbucks* 10. IBM 11. Virgin 12. Samsung 13. Sony # 14. Dell # 15. IDEO 16. BMW 17. Intel 18. eBay 19. IKEA 20. Wal-Mart # 21. Amazon 22. Target 23. Honda 24. Research in Motion 25. Southwest Airlines

Evista Update Controlled studies did show after all that Evista can help prevent breast cancer Just as effective as the existing treatment with fewer side effects Eli Lilly plans to submit a request to the U.S. FDA in support of an indication for Evista® (raloxifene HCl) for the reduction of invasive breast cancer risk in postmenopausal women. (

Important themes in innovation Control: We like stuff that gives us more control over day to day activities Time: We like things that help us carve a few more minutes or seconds out of the day Other consumer/user themes Ease of use Connectivity Source: Meehan (Dec ). The Control Boom.

Corporate themes Speed Differentiation Competency building Profits Innovation as a proactive strategy? Or is it a requirement now?

Final Exam Optional –top two exam scores count Tuesday, May 2, 3:15 in Snell 213 Format 14 MC questions (7 points) Six of eight short answer (18 points) Is cumulative, covering potentially all material from the semester Please let me know by the end of the day today if you plan on taking the final

Thanks for a good semester - Have a great summer! Congrats to all our graduates.