SlideShare a Scribd company logo
1 of 14
1
Evolution of MOT Frameworks
To Create Value through Technology Innovation
Prepared by:
Dr. Chulho Park
Vice President
Strategic Business Insights
cpark@sbi-i.com
October 2015
2
Evolution of MOT Frameworks
 Evolution of R&D Frameworks:
– Project  Project Management  Portfolio Management (R&D Management)
– R&D Management  R&BD Management
– R&BD  Connect + Development, TM&C, Innovation System, etc.
 Evolution of Innovation:
– Closed Innovation  Open Innovation  Innovation Network
– Invention  Innovation  Innovation Management  Innovation System
 R&BD Frameworks for Innovation Leaders:
– Customization to align with their own strategic visions and goals
– Standardization to apply to global business units/companies and R&D centers
– Institutionalization to utilize the whole human resources effectively and efficiently
– Flexibility in modification and improvement for specific uses
– Changes in Primary Focus: Technology Push (focus on technology and IP assets)
 Market Pull (focus on market and consumer)
3
A Conceptual MOT Framework under the 3rd
Generation R&D Paradigm
External Environment Drivers and Dynamics
Business
Vision and
Strategy
Management, Organizational Structure,
Internal Systems, External Relationships
Results:
- Products
- Processes
- Services
Technology
Projects
Technology
Portfolio
Technology
Strategy
4
SBI’s Integrated Approach Results in a Process for
Technology Management
Business
Vision and
Strategy
External
Environment
Drivers and
Dynamics
Results
•Products
•Processes
•Services
Technology
Management
Infrastructure
Technology Planning and
Portfolio Analysis
(Integrated Technology
Planning)
Technology
Project
Management
5
SBI’s MOT Framework under the 3rd Generation R&D
Paradigm
Knowledge of External Drivers and Dynamics
Infrastructure: Organization, Resources, Processes
Technology Planning
R&D Project Management
Business
Vision and
Strategy
• Benchmarking
• Scenarios
• Market Research
• Competitive
Analysis
Technology
Portfolio
Planning
Project
Portfolio
Selection
Budgeting
and Resource
Allocation
Project
Initiation
Project
Execution
Project
Management
• Management Diagnostic
• Structure and Teaming
• HR Management
• IT & Knowledge Management
• Cycle-Time Management
• External Network Management
Ideation
Technology
Acquisition
Strategy
Project
Closeout
• SWOT Analysis
• Technology Intelligence
Technology
Transfer
Technology
and IP
6
Evolution of Innovation Paradigm
Source: Chesbrough 2003, Forrester 2004, von Hippel 2005, IBM 2005
Closed Innovation Innovation NetworksOpen Innovation
Centralized Inward
Looking Innovation
Externally Focused,
Collaborative
Innovation
Ecosystem Centric,
Cross-Organizational
Innovation
External Environments
Ubiquitous Networks
Exponential Economy
Knowledge-Driven Economy
GlobalizationTechnology Fusion
Clean, Green, Renewable
Open Source Wireless, Mobile
7
Value Creation through Technology Innovation —
Research and Business Development
Identify the right
research (or
product) needs
“Value Discovery”
Develop the
technology (or
product) right
“Value Development”
Value Creation:
Customer Value
(Satisfaction)
Company Value
(Profit, Growth)
Deliver to the right
customer with the
right ways
“Value Delivery”
8
R&D Role in Innovation—a Lever of Multiple Effects
Source: IBM, Technion EE Innovation Management Workshop 2007
Expanded R&D Roles under the R&BD Paradigm
9
Major Trends and Changes in the New R&BD Paradigm
External Environments:
 Global society, global competition, and rapid time to market
 Open innovation
 Technology fusion: IT + BT + NT + More
 Business model fusion: HW + SW + NW + Service + Contents
Internal Environments:
 Value creation through technology commercialization
 New business developments
 Reorganization of business units and R&D centers
 Limited resources
New MOT Framework
10
Why R&D Organizations Need New MOT Framework,
Processes and Systems?
 Standardize technology management processes and formats
 Generate innovative research and application development ideas
 Encourage multidisciplinary research and development
 Expedite new product development (reduce time to market)
 Improve linkage of R&D to business development
 Improve communication among R&D organizations, planning,
and business units
 Align corporate vision/business strategy to technology strategy
and technology portfolio
 Establish new R&D mission and vision and realign R&D
programs and projects to the new R&BD vision
 Create and incubate technology venture start-ups
11
A Conceptual MOT Framework under the New R&BD
Paradigm
Infrastructure: Organization, Resource, Processes
Analysis of External Drivers and Dynamics
Commercialization
Management
IP Asset
Management
Technology (R&D)
Management
Company
Business
Vision
and
Strategy
Opportunity (Value) Discovery
Value Development (R&D, BD)
Creation of
Customer
Value and
Company
Profit
12
SBI’s New MOT Framework under the R&BD Paradigm
Knowledge of External Drivers and Dynamics
Infrastructure: Organization, Resources, Processes
Technology Planning
R&D Project Management
Business
Vision and
Strategy
• Benchmarking
• Scenarios
• Market Research
• Competitive
Analysis
Technology
Portfolio
Planning
Project
Portfolio
Selection
Budgeting
and Resource
Allocation
Project
Initiation
Project
Execution
Project
Management
• Management Diagnostic
• Structure and Teaming
• HR Management
• IT & Knowledge Management
• Cycle-Time Management
• External Network Management
Ideation
Technology
Acquisition
Strategy
Project
Closeout
• SWOT Analysis
• Technology Intelligence
Knowledge of External Drivers and Dynamics
Infrastructure: Organization, Resources, Processes
• Benchmarking
• Scenarios
• Market Research
• Competitive
Analysis
• Management Diagnostic
• Structure and Teaming
• Profit Sharing Model
• Business Plan and Model
• Venture Financing
• External Expert Management
• SWOT Analysis
• Technology Intelligence
Intellectual Property Management
Value Creation and Management
Technology
Valuation
IP
Portfolio
Planning
Budgeting
& Resource
Allocation
Technology
Licensing
Venture
Creation
Sell, M&A,
JV, Alliance
Ideation
Technology
Commercialzn
Strategy
Internal
Use
Return on
Investment
Technology
and Intellectual
Property
Creating IP Assets Turning IP Assets into Value
Technology Management Commercialization ManagementIP Management
13
New Strategic Vision and
Alignment with Corporate Strategy and Businesses
Business Model for Accomplishing the Value Creation
Objectives
R&D Activities and IP
Management
R&D Planning
UnlockingUnlocking Existing
Intellectual Property22
InventingInventing with a
Purpose11
AcquiringAcquiring
External Know-How33
CollaboratingCollaborating with
Outside Partners44
UnlockingUnlocking Existing
Intellectual Property22
InventingInventing with a
Purpose11
AcquiringAcquiring
External Know-How33
CollaboratingCollaborating with
Outside Partners44
Commercialization
Activities
Commercialization
Planning
Royalty
Equity
Revenue
IPs
Revenue
LicensingLicensing Existing
Intellectual Property33
Creating a SpinCreating a Spin--offoff with
a Strategy22
Contract ResearchContract Research
for Commercializationfor Commercialization44
ConsultingConsulting with
Internal Know-How55
Technology/IP TransferTechnology/IP Transfer
to SBU or its R&D11
LicensingLicensing Existing
Intellectual Property33 LicensingLicensing Existing
Intellectual Property33
Creating a SpinCreating a Spin--offoff with
a Strategy22Creating a SpinCreating a Spin--offoff with
a Strategy22
Contract ResearchContract Research
for Commercializationfor Commercialization44 Contract ResearchContract Research
for Commercializationfor Commercialization44
ConsultingConsulting with
Internal Know-How55 ConsultingConsulting with
Internal Know-How55
Technology/IP TransferTechnology/IP Transfer
to SBU or its R&D11Technology/IP TransferTechnology/IP Transfer
to SBU or its R&D11
Revenue
14
 Leadership of the top management
 MOT frameworks: practical, proven, simple and flexible
 Institutionalization through education and training
 Creating innovation culture
 Creating corporate entrepreneurial culture
 Fostering corporate entrepreneurs, innovation leaders, champions
 Proper performance evaluation and reward system
 Diversification of sources of innovative ideas and opportunities
 Compelling process and system for Idea generation and incubation
 Diversification of technology commercialization paths: transfer to
BUs, internal venturing, spin-out, spin-in, JV, licensing, consulting…
Key Success Factors of Best MOT Leaders
Structured, Disciplined and Continuous Improvement and Execution!

More Related Content

What's hot

Ingredient Branding
Ingredient BrandingIngredient Branding
Ingredient BrandingBill Smith
 
Cola Wars - Coke Vs Pepsi Harvard Business School Case Study
Cola Wars - Coke Vs Pepsi Harvard Business School Case StudyCola Wars - Coke Vs Pepsi Harvard Business School Case Study
Cola Wars - Coke Vs Pepsi Harvard Business School Case StudyMohan Kanni
 
Havells acquisition and turnaround of Sylvania - A comprehensive analysis
Havells acquisition and turnaround of Sylvania - A comprehensive analysisHavells acquisition and turnaround of Sylvania - A comprehensive analysis
Havells acquisition and turnaround of Sylvania - A comprehensive analysisIshan Pratik
 
Cola war continues: Coke and Pepsi 21st century and battle for Internationa...
Cola war  continues: Coke and Pepsi 21st century and battle for  Internationa...Cola war  continues: Coke and Pepsi 21st century and battle for  Internationa...
Cola war continues: Coke and Pepsi 21st century and battle for Internationa...Sulabh Subedi
 
Presentation on 'Competing on Resources', article by David J. Collins & Cynth...
Presentation on 'Competing on Resources', article by David J. Collins & Cynth...Presentation on 'Competing on Resources', article by David J. Collins & Cynth...
Presentation on 'Competing on Resources', article by David J. Collins & Cynth...Himanshu Arora
 
Strategic innovation slideshare
Strategic innovation   slideshareStrategic innovation   slideshare
Strategic innovation slideshareClaus Aasholm
 
Cisco Case Analysis
Cisco Case AnalysisCisco Case Analysis
Cisco Case Analysisperk2624
 
Product innovation presentation by archit
Product innovation presentation by architProduct innovation presentation by archit
Product innovation presentation by architArchit Sharma
 
Himont Technology Licensing
Himont Technology LicensingHimont Technology Licensing
Himont Technology LicensingDeepa Shukla
 
Cisco System Inc. Implementing ERP
Cisco System Inc. Implementing ERPCisco System Inc. Implementing ERP
Cisco System Inc. Implementing ERPVinay Gk
 
Disney marketing strategy
Disney marketing strategyDisney marketing strategy
Disney marketing strategyIvySinha
 

What's hot (20)

Technology strategy
Technology strategyTechnology strategy
Technology strategy
 
Ingredient Branding
Ingredient BrandingIngredient Branding
Ingredient Branding
 
Case study 4
Case study 4Case study 4
Case study 4
 
Cola Wars - Coke Vs Pepsi Harvard Business School Case Study
Cola Wars - Coke Vs Pepsi Harvard Business School Case StudyCola Wars - Coke Vs Pepsi Harvard Business School Case Study
Cola Wars - Coke Vs Pepsi Harvard Business School Case Study
 
Havells acquisition and turnaround of Sylvania - A comprehensive analysis
Havells acquisition and turnaround of Sylvania - A comprehensive analysisHavells acquisition and turnaround of Sylvania - A comprehensive analysis
Havells acquisition and turnaround of Sylvania - A comprehensive analysis
 
Brand Repositioning
Brand RepositioningBrand Repositioning
Brand Repositioning
 
Cola war continues: Coke and Pepsi 21st century and battle for Internationa...
Cola war  continues: Coke and Pepsi 21st century and battle for  Internationa...Cola war  continues: Coke and Pepsi 21st century and battle for  Internationa...
Cola war continues: Coke and Pepsi 21st century and battle for Internationa...
 
Presentation on 'Competing on Resources', article by David J. Collins & Cynth...
Presentation on 'Competing on Resources', article by David J. Collins & Cynth...Presentation on 'Competing on Resources', article by David J. Collins & Cynth...
Presentation on 'Competing on Resources', article by David J. Collins & Cynth...
 
Strategic innovation slideshare
Strategic innovation   slideshareStrategic innovation   slideshare
Strategic innovation slideshare
 
Key concepts of Technology Management
Key concepts of Technology ManagementKey concepts of Technology Management
Key concepts of Technology Management
 
Ansoff matrix
Ansoff matrixAnsoff matrix
Ansoff matrix
 
Cisco Case Analysis
Cisco Case AnalysisCisco Case Analysis
Cisco Case Analysis
 
Cola Wars03
Cola Wars03Cola Wars03
Cola Wars03
 
Hp case study
Hp case studyHp case study
Hp case study
 
Product innovation presentation by archit
Product innovation presentation by architProduct innovation presentation by archit
Product innovation presentation by archit
 
Himont Technology Licensing
Himont Technology LicensingHimont Technology Licensing
Himont Technology Licensing
 
Cisco System Inc. Implementing ERP
Cisco System Inc. Implementing ERPCisco System Inc. Implementing ERP
Cisco System Inc. Implementing ERP
 
Innovation management
Innovation managementInnovation management
Innovation management
 
Ducati hbr case analysis
Ducati hbr  case analysisDucati hbr  case analysis
Ducati hbr case analysis
 
Disney marketing strategy
Disney marketing strategyDisney marketing strategy
Disney marketing strategy
 

Viewers also liked

India - Its Globalisation Challenges
India - Its Globalisation ChallengesIndia - Its Globalisation Challenges
India - Its Globalisation ChallengesBipin Pradeep Kumar
 
INDIA - SURGING AHEAD
INDIA - SURGING AHEAD INDIA - SURGING AHEAD
INDIA - SURGING AHEAD Vita Kravchuk
 
Strategic Technology Alliances Rb
Strategic Technology Alliances RbStrategic Technology Alliances Rb
Strategic Technology Alliances Rbblackr
 
How to Create Strategic Value in the Current Environment | AOBA 2017
How to Create Strategic Value in the Current Environment | AOBA 2017How to Create Strategic Value in the Current Environment | AOBA 2017
How to Create Strategic Value in the Current Environment | AOBA 2017Mercer Capital
 
STUDY ON INDIAN DEFENSE INDUSTRIES
STUDY ON INDIAN DEFENSE INDUSTRIESSTUDY ON INDIAN DEFENSE INDUSTRIES
STUDY ON INDIAN DEFENSE INDUSTRIESmonaps1
 
Indian contribution sciences & technology arunesh chand mankotia
Indian contribution sciences & technology   arunesh chand mankotiaIndian contribution sciences & technology   arunesh chand mankotia
Indian contribution sciences & technology arunesh chand mankotiaConsultonmic
 
INDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - Final
INDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - FinalINDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - Final
INDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - FinalJay Prajapati
 

Viewers also liked (7)

India - Its Globalisation Challenges
India - Its Globalisation ChallengesIndia - Its Globalisation Challenges
India - Its Globalisation Challenges
 
INDIA - SURGING AHEAD
INDIA - SURGING AHEAD INDIA - SURGING AHEAD
INDIA - SURGING AHEAD
 
Strategic Technology Alliances Rb
Strategic Technology Alliances RbStrategic Technology Alliances Rb
Strategic Technology Alliances Rb
 
How to Create Strategic Value in the Current Environment | AOBA 2017
How to Create Strategic Value in the Current Environment | AOBA 2017How to Create Strategic Value in the Current Environment | AOBA 2017
How to Create Strategic Value in the Current Environment | AOBA 2017
 
STUDY ON INDIAN DEFENSE INDUSTRIES
STUDY ON INDIAN DEFENSE INDUSTRIESSTUDY ON INDIAN DEFENSE INDUSTRIES
STUDY ON INDIAN DEFENSE INDUSTRIES
 
Indian contribution sciences & technology arunesh chand mankotia
Indian contribution sciences & technology   arunesh chand mankotiaIndian contribution sciences & technology   arunesh chand mankotia
Indian contribution sciences & technology arunesh chand mankotia
 
INDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - Final
INDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - FinalINDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - Final
INDUSTRY ANALYSIS OF INDIAN DEFENCE SECTOR - Final
 

Similar to Technology Management Frameworks

2014.01.30 Innovation overview by Glenn Wintrich
2014.01.30 Innovation overview by Glenn Wintrich2014.01.30 Innovation overview by Glenn Wintrich
2014.01.30 Innovation overview by Glenn WintrichNUI Galway
 
Integrated Technology Planning Process
Integrated Technology Planning ProcessIntegrated Technology Planning Process
Integrated Technology Planning ProcessChulho Park
 
MOT Hands-on Training Workshops
MOT Hands-on Training WorkshopsMOT Hands-on Training Workshops
MOT Hands-on Training Workshopscparksbi
 
Introduction to Enterprise architecture and the steps to perform an Enterpris...
Introduction to Enterprise architecture and the steps to perform an Enterpris...Introduction to Enterprise architecture and the steps to perform an Enterpris...
Introduction to Enterprise architecture and the steps to perform an Enterpris...Prashanth Panduranga
 
Role of the cio in the digital age
Role of the cio in the digital age Role of the cio in the digital age
Role of the cio in the digital age Thanh Hoang Lam
 
The Technologists Dilemma by Todd Ray
The Technologists Dilemma by Todd RayThe Technologists Dilemma by Todd Ray
The Technologists Dilemma by Todd Rayiasaglobal
 
Grundfos New Business journey_Innovation Roundtable presentation_2014
Grundfos New Business journey_Innovation Roundtable presentation_2014Grundfos New Business journey_Innovation Roundtable presentation_2014
Grundfos New Business journey_Innovation Roundtable presentation_2014Thorbjorn Machholm
 
Building Big Data Analytics Center Of Excellence
Building Big Data Analytics Center Of Excellence Building Big Data Analytics Center Of Excellence
Building Big Data Analytics Center Of Excellence Dr. Mohan K. Bavirisetty
 
Building Big Data Analytics Center of Excellence v 3.0 Final
Building Big Data Analytics Center of Excellence v 3.0 FinalBuilding Big Data Analytics Center of Excellence v 3.0 Final
Building Big Data Analytics Center of Excellence v 3.0 FinalDr. Mohan K. Bavirisetty
 
C-Tech Innovation
C-Tech InnovationC-Tech Innovation
C-Tech InnovationKatie
 
TASSCC Presentation.ppt
TASSCC Presentation.pptTASSCC Presentation.ppt
TASSCC Presentation.pptpkumars
 
Open2012 technology-innovations-disabilities-lehigh
Open2012 technology-innovations-disabilities-lehighOpen2012 technology-innovations-disabilities-lehigh
Open2012 technology-innovations-disabilities-lehighthe nciia
 
Agile Network India | What does it take to Transform into Product Centric IT ...
Agile Network India | What does it take to Transform into Product Centric IT ...Agile Network India | What does it take to Transform into Product Centric IT ...
Agile Network India | What does it take to Transform into Product Centric IT ...AgileNetwork
 
Business leaders are engaging labor differently - Is your IT ready?
Business leaders are engaging labor differently - Is your IT ready?Business leaders are engaging labor differently - Is your IT ready?
Business leaders are engaging labor differently - Is your IT ready?JoAnna Cheshire
 
Ivi external briefing_pack_v.aim
Ivi external briefing_pack_v.aimIvi external briefing_pack_v.aim
Ivi external briefing_pack_v.aimAIMIreland
 
Thought Leadership Development at PTC Global Services
Thought Leadership Development at PTC Global ServicesThought Leadership Development at PTC Global Services
Thought Leadership Development at PTC Global ServicesRob Leavitt
 
Management Roundtable's Innovation Summit Conference Knowledgebase
Management Roundtable's Innovation Summit Conference KnowledgebaseManagement Roundtable's Innovation Summit Conference Knowledgebase
Management Roundtable's Innovation Summit Conference KnowledgebaseMalcolm Ryder
 
Models of Energy Innovation
Models of Energy InnovationModels of Energy Innovation
Models of Energy InnovationCleanMarkets
 

Similar to Technology Management Frameworks (20)

2014.01.30 Innovation overview by Glenn Wintrich
2014.01.30 Innovation overview by Glenn Wintrich2014.01.30 Innovation overview by Glenn Wintrich
2014.01.30 Innovation overview by Glenn Wintrich
 
Integrated Technology Planning Process
Integrated Technology Planning ProcessIntegrated Technology Planning Process
Integrated Technology Planning Process
 
MOT Hands-on Training Workshops
MOT Hands-on Training WorkshopsMOT Hands-on Training Workshops
MOT Hands-on Training Workshops
 
Introduction to Enterprise architecture and the steps to perform an Enterpris...
Introduction to Enterprise architecture and the steps to perform an Enterpris...Introduction to Enterprise architecture and the steps to perform an Enterpris...
Introduction to Enterprise architecture and the steps to perform an Enterpris...
 
Role of the cio in the digital age
Role of the cio in the digital age Role of the cio in the digital age
Role of the cio in the digital age
 
The Technologists Dilemma by Todd Ray
The Technologists Dilemma by Todd RayThe Technologists Dilemma by Todd Ray
The Technologists Dilemma by Todd Ray
 
Grundfos New Business journey_Innovation Roundtable presentation_2014
Grundfos New Business journey_Innovation Roundtable presentation_2014Grundfos New Business journey_Innovation Roundtable presentation_2014
Grundfos New Business journey_Innovation Roundtable presentation_2014
 
Building Big Data Analytics Center Of Excellence
Building Big Data Analytics Center Of Excellence Building Big Data Analytics Center Of Excellence
Building Big Data Analytics Center Of Excellence
 
Building Big Data Analytics Center of Excellence v 3.0 Final
Building Big Data Analytics Center of Excellence v 3.0 FinalBuilding Big Data Analytics Center of Excellence v 3.0 Final
Building Big Data Analytics Center of Excellence v 3.0 Final
 
C-Tech Innovation
C-Tech InnovationC-Tech Innovation
C-Tech Innovation
 
TASSCC Presentation.ppt
TASSCC Presentation.pptTASSCC Presentation.ppt
TASSCC Presentation.ppt
 
Open2012 technology-innovations-disabilities-lehigh
Open2012 technology-innovations-disabilities-lehighOpen2012 technology-innovations-disabilities-lehigh
Open2012 technology-innovations-disabilities-lehigh
 
Agile Network India | What does it take to Transform into Product Centric IT ...
Agile Network India | What does it take to Transform into Product Centric IT ...Agile Network India | What does it take to Transform into Product Centric IT ...
Agile Network India | What does it take to Transform into Product Centric IT ...
 
MIT 323_3 Drivers of Technological Change.pptx
MIT 323_3 Drivers of Technological Change.pptxMIT 323_3 Drivers of Technological Change.pptx
MIT 323_3 Drivers of Technological Change.pptx
 
Business leaders are engaging labor differently - Is your IT ready?
Business leaders are engaging labor differently - Is your IT ready?Business leaders are engaging labor differently - Is your IT ready?
Business leaders are engaging labor differently - Is your IT ready?
 
Ivi external briefing_pack_v.aim
Ivi external briefing_pack_v.aimIvi external briefing_pack_v.aim
Ivi external briefing_pack_v.aim
 
IT-CMF Overview
IT-CMF OverviewIT-CMF Overview
IT-CMF Overview
 
Thought Leadership Development at PTC Global Services
Thought Leadership Development at PTC Global ServicesThought Leadership Development at PTC Global Services
Thought Leadership Development at PTC Global Services
 
Management Roundtable's Innovation Summit Conference Knowledgebase
Management Roundtable's Innovation Summit Conference KnowledgebaseManagement Roundtable's Innovation Summit Conference Knowledgebase
Management Roundtable's Innovation Summit Conference Knowledgebase
 
Models of Energy Innovation
Models of Energy InnovationModels of Energy Innovation
Models of Energy Innovation
 

Recently uploaded

Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdflior mazor
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...apidays
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUK Journal
 
Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024SynarionITSolutions
 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsRoshan Dwivedi
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...Neo4j
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherRemote DBA Services
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?Igalia
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoffsammart93
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businesspanagenda
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAndrey Devyatkin
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
HTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation StrategiesHTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation StrategiesBoston Institute of Analytics
 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Principled Technologies
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 

Recently uploaded (20)

Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdf
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024
 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
HTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation StrategiesHTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation Strategies
 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 

Technology Management Frameworks

  • 1. 1 Evolution of MOT Frameworks To Create Value through Technology Innovation Prepared by: Dr. Chulho Park Vice President Strategic Business Insights cpark@sbi-i.com October 2015
  • 2. 2 Evolution of MOT Frameworks  Evolution of R&D Frameworks: – Project  Project Management  Portfolio Management (R&D Management) – R&D Management  R&BD Management – R&BD  Connect + Development, TM&C, Innovation System, etc.  Evolution of Innovation: – Closed Innovation  Open Innovation  Innovation Network – Invention  Innovation  Innovation Management  Innovation System  R&BD Frameworks for Innovation Leaders: – Customization to align with their own strategic visions and goals – Standardization to apply to global business units/companies and R&D centers – Institutionalization to utilize the whole human resources effectively and efficiently – Flexibility in modification and improvement for specific uses – Changes in Primary Focus: Technology Push (focus on technology and IP assets)  Market Pull (focus on market and consumer)
  • 3. 3 A Conceptual MOT Framework under the 3rd Generation R&D Paradigm External Environment Drivers and Dynamics Business Vision and Strategy Management, Organizational Structure, Internal Systems, External Relationships Results: - Products - Processes - Services Technology Projects Technology Portfolio Technology Strategy
  • 4. 4 SBI’s Integrated Approach Results in a Process for Technology Management Business Vision and Strategy External Environment Drivers and Dynamics Results •Products •Processes •Services Technology Management Infrastructure Technology Planning and Portfolio Analysis (Integrated Technology Planning) Technology Project Management
  • 5. 5 SBI’s MOT Framework under the 3rd Generation R&D Paradigm Knowledge of External Drivers and Dynamics Infrastructure: Organization, Resources, Processes Technology Planning R&D Project Management Business Vision and Strategy • Benchmarking • Scenarios • Market Research • Competitive Analysis Technology Portfolio Planning Project Portfolio Selection Budgeting and Resource Allocation Project Initiation Project Execution Project Management • Management Diagnostic • Structure and Teaming • HR Management • IT & Knowledge Management • Cycle-Time Management • External Network Management Ideation Technology Acquisition Strategy Project Closeout • SWOT Analysis • Technology Intelligence Technology Transfer Technology and IP
  • 6. 6 Evolution of Innovation Paradigm Source: Chesbrough 2003, Forrester 2004, von Hippel 2005, IBM 2005 Closed Innovation Innovation NetworksOpen Innovation Centralized Inward Looking Innovation Externally Focused, Collaborative Innovation Ecosystem Centric, Cross-Organizational Innovation External Environments Ubiquitous Networks Exponential Economy Knowledge-Driven Economy GlobalizationTechnology Fusion Clean, Green, Renewable Open Source Wireless, Mobile
  • 7. 7 Value Creation through Technology Innovation — Research and Business Development Identify the right research (or product) needs “Value Discovery” Develop the technology (or product) right “Value Development” Value Creation: Customer Value (Satisfaction) Company Value (Profit, Growth) Deliver to the right customer with the right ways “Value Delivery”
  • 8. 8 R&D Role in Innovation—a Lever of Multiple Effects Source: IBM, Technion EE Innovation Management Workshop 2007 Expanded R&D Roles under the R&BD Paradigm
  • 9. 9 Major Trends and Changes in the New R&BD Paradigm External Environments:  Global society, global competition, and rapid time to market  Open innovation  Technology fusion: IT + BT + NT + More  Business model fusion: HW + SW + NW + Service + Contents Internal Environments:  Value creation through technology commercialization  New business developments  Reorganization of business units and R&D centers  Limited resources New MOT Framework
  • 10. 10 Why R&D Organizations Need New MOT Framework, Processes and Systems?  Standardize technology management processes and formats  Generate innovative research and application development ideas  Encourage multidisciplinary research and development  Expedite new product development (reduce time to market)  Improve linkage of R&D to business development  Improve communication among R&D organizations, planning, and business units  Align corporate vision/business strategy to technology strategy and technology portfolio  Establish new R&D mission and vision and realign R&D programs and projects to the new R&BD vision  Create and incubate technology venture start-ups
  • 11. 11 A Conceptual MOT Framework under the New R&BD Paradigm Infrastructure: Organization, Resource, Processes Analysis of External Drivers and Dynamics Commercialization Management IP Asset Management Technology (R&D) Management Company Business Vision and Strategy Opportunity (Value) Discovery Value Development (R&D, BD) Creation of Customer Value and Company Profit
  • 12. 12 SBI’s New MOT Framework under the R&BD Paradigm Knowledge of External Drivers and Dynamics Infrastructure: Organization, Resources, Processes Technology Planning R&D Project Management Business Vision and Strategy • Benchmarking • Scenarios • Market Research • Competitive Analysis Technology Portfolio Planning Project Portfolio Selection Budgeting and Resource Allocation Project Initiation Project Execution Project Management • Management Diagnostic • Structure and Teaming • HR Management • IT & Knowledge Management • Cycle-Time Management • External Network Management Ideation Technology Acquisition Strategy Project Closeout • SWOT Analysis • Technology Intelligence Knowledge of External Drivers and Dynamics Infrastructure: Organization, Resources, Processes • Benchmarking • Scenarios • Market Research • Competitive Analysis • Management Diagnostic • Structure and Teaming • Profit Sharing Model • Business Plan and Model • Venture Financing • External Expert Management • SWOT Analysis • Technology Intelligence Intellectual Property Management Value Creation and Management Technology Valuation IP Portfolio Planning Budgeting & Resource Allocation Technology Licensing Venture Creation Sell, M&A, JV, Alliance Ideation Technology Commercialzn Strategy Internal Use Return on Investment Technology and Intellectual Property Creating IP Assets Turning IP Assets into Value Technology Management Commercialization ManagementIP Management
  • 13. 13 New Strategic Vision and Alignment with Corporate Strategy and Businesses Business Model for Accomplishing the Value Creation Objectives R&D Activities and IP Management R&D Planning UnlockingUnlocking Existing Intellectual Property22 InventingInventing with a Purpose11 AcquiringAcquiring External Know-How33 CollaboratingCollaborating with Outside Partners44 UnlockingUnlocking Existing Intellectual Property22 InventingInventing with a Purpose11 AcquiringAcquiring External Know-How33 CollaboratingCollaborating with Outside Partners44 Commercialization Activities Commercialization Planning Royalty Equity Revenue IPs Revenue LicensingLicensing Existing Intellectual Property33 Creating a SpinCreating a Spin--offoff with a Strategy22 Contract ResearchContract Research for Commercializationfor Commercialization44 ConsultingConsulting with Internal Know-How55 Technology/IP TransferTechnology/IP Transfer to SBU or its R&D11 LicensingLicensing Existing Intellectual Property33 LicensingLicensing Existing Intellectual Property33 Creating a SpinCreating a Spin--offoff with a Strategy22Creating a SpinCreating a Spin--offoff with a Strategy22 Contract ResearchContract Research for Commercializationfor Commercialization44 Contract ResearchContract Research for Commercializationfor Commercialization44 ConsultingConsulting with Internal Know-How55 ConsultingConsulting with Internal Know-How55 Technology/IP TransferTechnology/IP Transfer to SBU or its R&D11Technology/IP TransferTechnology/IP Transfer to SBU or its R&D11 Revenue
  • 14. 14  Leadership of the top management  MOT frameworks: practical, proven, simple and flexible  Institutionalization through education and training  Creating innovation culture  Creating corporate entrepreneurial culture  Fostering corporate entrepreneurs, innovation leaders, champions  Proper performance evaluation and reward system  Diversification of sources of innovative ideas and opportunities  Compelling process and system for Idea generation and incubation  Diversification of technology commercialization paths: transfer to BUs, internal venturing, spin-out, spin-in, JV, licensing, consulting… Key Success Factors of Best MOT Leaders Structured, Disciplined and Continuous Improvement and Execution!