Technology and new innovations are reshaping almost every aspect of our lives. Commerce, healthcare, knowledge, and the environment are being transformed by information technology, biotechnology, nanotechnology, as well as the engineering sciences. To be effective in this exciting frontier, leaders must understand how technology is evolving, how to forecast the impact of new technology, how to develop strategic plans for investment, and how to formulate tactical plans for implementing innovative projects. Finding leaders with these skills is critical for organizations to effectively adapt to ever-changing rules of competition, new innovations, and new technological landscapes.
This concentration provides a strong foundation of theory, tools, and techniques for managing technology and organizational innovation. Importantly, the range of technology is broad. Innovations in healthcare, life sciences, material sciences, robotics, as well as digital technology are considered. In addition, the reach of organizational innovation is broad. Innovations such as programs of diversity, employee well-being, sustainable design, pricing, and product design can all be leveraged through effective innovation management. These highly marketable skills prepare students for broad functional roles in fast-paced companies typically found in the digital technology, life-sciences, and biotechnology sectors as well as traditional companies that are transforming in sectors such as real estate, manufacturing, and retail.