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Engineering and Technology Management ETM 5391 – New Product Development and Commercialization Fall, 2003 Instructor: Mr. C. Michael Carolina Date: September.

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Presentation on theme: "Engineering and Technology Management ETM 5391 – New Product Development and Commercialization Fall, 2003 Instructor: Mr. C. Michael Carolina Date: September."— Presentation transcript:

1 Engineering and Technology Management ETM 5391 – New Product Development and Commercialization Fall, 2003 Instructor: Mr. C. Michael Carolina Date: September 9, 2003

2 Engineering and Technology Management ETM 5391 Web site: http://www.okstate.edu/ceat/msetm/courses/etm 5391

3 Engineering and Technology Management Recap of Lecture 3 Concept of Functional Strategies and Maps to Other Strategies Wheelwright and Clark, “Revolutionizing Product Development,” Chapter 3, page 63. Four Types of Development Teams –Functional –Lightweight Heavyweight –Autonomous Wheelwright & Clark, “Revolutionizing Product Development,” Chapter 8, page 191.

4 Engineering and Technology Management Recap of Lecture 3 Roles and Responsibilities –Senior Management Team –Middle Management Team –Functional Team Keys to Success –Creating Value –Results/Speed Focused –Flawless Execution –Continuous Improvement

5 Engineering and Technology Management Purpose Connectivity Relevancy Application Science: “what is” Engineering: “creating what has never been”

6 Engineering and Technology Management The Four Disciplines of a Healthy Organization Build and Maintain a Cohesive Leadership Team Create Organizational Clarity Over-Communicate Organizational Strategy Reinforce Organizational Clarity Through Human Systems Source: Patrick Lencioni, “The Four Obsessions of an Extraordinary Executive.”

7 Engineering and Technology Management Video “Guest” Lecture Clayton Christensen, The Opportunity and Threat of Disruptive Technologies

8 Engineering and Technology Management Summary of Living on Internet Time: Product Development at Netscape, Yahoo!™, NetDynamics, and Microsoft™ Common Each Aware of/Engaged in Competitive Benchmarking Each Used Effective Prototyping/Beta Models (Microsoft’s Approach More Internally Focused) Aware of Interoperability

9 Engineering and Technology Management Summary of Living on Internet Time: Product Development at Netscape, Yahoo!™, NetDynamics, and Microsoft™ (cont’d.) Differences Philosophy, Culture, and Development Process Size of Development Staffs and Resources Microsoft’s Total-System-Solution Mindset Microsoft Sought to Expand Competencies/Respond to SIPs Heavyweight Team Structure (Microsoft) vs. Lightweight (Yahoo!)

10 Engineering and Technology Management Summary of Living on Internet Time: Product Development at Netscape, Yahoo!™, NetDynamics, and Microsoft™ (cont’d.) NetDynamics’ Philosophy of Open Architecture Based on Standards Netscape’s Heavy Focus on Early Releases Before Feature Release Note: Netscape Acquired by AOL NetDynamics Acquired by Sun Microsystems Based on (SEC) 10-k Filings: 1) Microsoft, 2) Netscape; 3) Yahool!, 4) NetDynamics

11 Engineering and Technology Management LINKAGE Wheelwright and Clark, Revolutionizing Product Development: Quantum Leaps in Speed, Efficiency, and Quality. Competing Through Development Strategy The Concept of a Development Strategy Maps and Mapping: Functional Strategies in Pre- Project Planning The Aggregate Project Plan Structuring the Development Funnel

12 Engineering and Technology Management LINKAGE (cont’d.) Wheelwright and Clark, Revolutionizing Product Development: Quantum Leaps in Speed, Efficiency, and Quality. A Framework for Development Cross-Functional Integration Organizing and Leading Project Teams Tools and Methods Prototype/Test Cycles Learning From Development Projects Building Development Capability

13 Engineering and Technology Management HBR Jan.-Feb. 1992 The Balanced Scorecard – Measures That Drive Performance Robert Kaplan and David Norton

14 Engineering and Technology Management ECO’s BALANCED SCORECARD Page 99, “The Balanced Scorecard…” by Kaplan and Norton (HBR, Jan.-Feb., 1992).

15 Engineering and Technology Management A Model for Product Development $’s R&D New Product Tech Transfer IP Publication

16 Engineering and Technology Management Structuring for NPI and Continuous Performance Improvement Mission/Values Baseline/Benchmark Metrics Document the Lessons Learned Adjust the Process

17 Engineering and Technology Management Assignment 3 Case Study 2 (HBR9690069) – McAlasdaire Imaging, PLC: AE-1 Project In 400 words or less, characterize the development of the MI AE-1 Project. - Successful Intro? Why? - Introduction Failure? Why? Due By: 9/15/03


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