TU Wien Managing Advanced Technology & Innovation (Deep Tech)

Unlock your potential with our executive-level program, Managing Advanced Technologies and Innovation. Master applied AI, IoT, quantum computing, and biotechnology concepts through hands-on learning, case discussions, and expert lectures. Develop future thinking, innovative business models, and lead organizational change to capitalize on rapid technological advancements. Apply now!

Program Description

Managing Advanced Technologies and Innovation is a unique two-week program designed to provide business leaders with the knowledge, tools, and strategies necessary to navigate the rapidly evolving landscape of advanced technologies. This immersive course exposes participants to cutting-edge technologies such as AI, IoT, quantum computing, and biotechnology through a mix of case discussions, laboratory demonstrations, lectures, and readings. The program fosters future thinking, develops innovative business models, and leads organizational change to ensure participants can effectively manage and capitalize on technological advancements in their industries. While on campus for two weeks, students will learn from lab visits and lectures on autonomous systems, mobility, sustainability breakthroughs, and technologies for the new space economy and earth science research.

This exclusive program welcomes select participants from both the US and international locations. Additionally, it serves as an integral component of the annual Executive MBA course in Engineering Management at the Vienna University of Technology. Throughout the two-week course, attendees will experience a unique blend of perspectives as participants from TU Wien's visiting program at Caltech collaborate and engage in immersive learning.

Learning Outcomes

After positive completion of the module, students are able to:

• Acquire a comprehensive understanding of advanced technologies, including AI, IoT, robotics, biotechnology, and quantum computing, and their potential impact on businesses and industries
• Develop the ability to think critically about the long-term implications of technology adoption and create strategic forecasts to inform decision-making
• Master techniques for building and executing an innovation agenda at the product, enterprise, and industry levels to maintain a competitive edge in the market
• Learn to design competitive business models using systems thinking and strategic options to create new value propositions
• Gain insights into effectively managing strategic product development, leading R&D and technical teams, and driving innovation through internal ventures, spinouts, or within collaborative networks
• Develop skills in organization design, leading change, and managing transformations in technology organizations to adapt to the future of work
• Understand the principles of intellectual property strategy, technology transfer, and commercialization to successfully bring new technologies to market

Content

In the module, the following topics will be covered:

• Understanding advanced technologies: AI, IoT, robotics, biotechnology, quantum computing, and their impact on businesses and industries.
• Future thinking and forecasting: Developing strategic foresight to inform decision-making and navigate technological advancements under multiple scenarios
• Building an innovation agenda: Creating a competitive edge at the product, enterprise, and industry levels through innovation strategies
• Competitive business models and systems thinking: Leveraging platform strategies, multi-sided markets, and systems dynamics to identify new value propositions and their implications
• Managing innovation and R&D: Leading product development and teams charged with innovation initiatives
• Organization design and transformation: Adapting technology organizations to the future of work through effective leadership and change management
• Intellectual property and commercialization: Strategies for technology transfer, protecting innovations, and successfully bringing new technologies to market

Schedule

This two-week intensive public program is held over December 2–13, 2024. Attendance over both weeks is required.

We're excited to announce that this course will be open for applications in July 2024. Please check back then to apply and embark on your educational journey with Caltech CTME and the Vienna University of Technology (TU Wien).

Who Should Attend

Our Managing Advanced Technologies and Innovation program is ideal for:

1. C-suite executives, directors, and senior managers seeking to drive innovation and harness advanced technologies in their organizations
2. Technology and innovation professionals looking to expand their knowledge and stay current with cutting-edge developments
3. Entrepreneurs and startup founders aiming to leverage emerging technologies for business growth and competitive advantage
4. Product managers, R&D specialists, and engineers working on technology-driven projects or products
5. Industry consultants and advisors who want to better guide their clients in navigating the rapidly evolving technological landscape

Join our program and equip yourself with the skills and insights needed to thrive in today's dynamic world of technology and innovation.