1. Management of Technology (OM476) Introduction January 16, 2006 S. Fisher

2. Agenda Introductions Review syllabus and course schedule Discuss assignments and grading Start thinking about technology – what is it and why do we care?

3. Performance evaluation Three exams; scores count on your best two Cases Team presentation Questions Executive summaries Participation

4. Why management of technology? What is so important about this topic that we have a required course on it? What do we mean by the word “technology”?

5. Exercise What is your favorite piece of technology? Why is it your favorite? Write on a piece of paper with your name and e-mail address to hand in.

6. 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 Examples of these themes? Other themes you can think of? Source: Meehan (Dec. 12 2005). The Control Boom. www.fastcompany.comwww.fastcompany.com

7. Focus on Technological Innovation “introducing a new device, method, or material for application to commercial or practical objectives.” (Schilling, p. 1) Complete management of technology involves other actions in addition to innovation Learning how to use it Maintaining it Deciding when to replace it

8. For Wednesday Topic: Creativity and innovation Read Schilling Chapter 1 Gunfire at Sea handout Answer questions in case handout for discussion only (no deliverable, although there may be an in-class writing) Sign up for teams no later than class on Wednesday (team members, presentation date) First come, first served