Course Page

Trends and Future of Manufacturing in USA

Course Number:

45961


Program

MBA


Concentrations

Operations Management, Strategy


Course Description

This course is about the art of invention and the novel use of technologies that can help corporations in crisis or corporations that need to improve their competitive position.  We will analyze case-studies of corporations in crisis (of various kinds) and learn how to rationally utilize new or existing technology as a leveraging tool for recovery.  The course is appropriate for the budding entrepreneur inside or outside an existing corporation and will focus on developing  the new idea to solve existing problems. 

Different kinds of corporations have different drivers and different criteria for success.  These criteria can include increasing top line or bottom line revenues by the novel introduction of technology.  The goals of using new technology are many:  reducing product costs, increasing product novelty or usefulness, reducing or increasing job positions, increasing sales or increasing pricing power.  However, in the end, the idea is to spend less money to get magnified results.

The following topics will be addressed in lectures:  (i) causes ofcorporate crisis, (ii) identifying bottlenecks to corporate success, (iii) the art of invention, (iv) applications and examples of high technology (v) integrating a new inventions and technology into the corporate structure and (vi) measuring success.   Many kinds of different technologies will be considered and will include:  robotics (applications), advanced medicine, novel energy technology, mobile computing, advances in manufacturing (process and product) and forms of financial invention.  (DB 3/12)


Format

Lecture: 100min/wk and Recitation: 50min/wk


Pre-requisites

None