SlideShare a Scribd company logo
1 of 48
Download to read offline
The New Economy Engineer
   Positioning for a Sustainable and
          Rewarding Career




                    Gary E. Wnek
The Institute for Management and Engineering (TiME)
           Case Western Reserve University
                    gew5@case.edu

               The New Economy Engineer
                     ©TiME 2009
Engineering is Key


“…Engineering schools beget engineers.
Engineers beget ideas. And ideas beget
companies.”
           Guy Kawasaki, Reality Check
                (2008)




             The New Economy Engineer
                   ©TiME 2009
‘Engineering 2020’ – Grand Challenges
   http://www8.nationalacademies.org/onpinews/newsitem.aspx?RecordID=02152008


  •   Make solar energy affordable
  •   Provide energy from fusion
  •   Develop carbon sequestration methods
  •   Manage the nitrogen cycle
  •   Provide access to clean water
  •   Restore and improve urban infrastructure
  •   Advance health informatics
  •   Engineer better medicines
  •   Reverse-engineer the brain
  •   Prevent nuclear terror
  •   Secure cyberspace
  •   Enhance virtual reality
  •   Advance personalized learning
  •   Engineer the tools for scientific discovery
                        The New Economy Engineer
                              ©TiME 2009
Technical Fundamentals are Key

It is impossible to address Grand Challenges
(or any technology-based challenge, no matter
how ‘small’) without strong technical
fundamentals, such as thermodynamics, circuits,
quantum theory, physical properties of solids,
optics, fluid mechanics, physiology, and
molecular biology.


                     But…

               The New Economy Engineer
                     ©TiME 2009
Personal Opportunity and Challenge

“…Today’s engineer is on a different planet. He
or she faces of life of multiple project assignments
with an almost interchangeable array of
employers, clients, start-ups and established
firms; these assignments require an
extraordinarily broad set of technical,
business, and interpersonal skills performed
as part of ever-changing and shifting
interdisciplinary teams.”
            David Goldberg,
            The Entrepreneurial Engineer (2006)
                 The New Economy Engineer
                       ©TiME 2009
Personal Opportunity and Challenge


“This period is one of the most exciting,
opportunity-rich times in history. It is also
fraught with disruption and change.”

            Curtis Carlson and William Wilmot,
            Innovation: The Five Disciplines for
            Creating What Customers Want (2006)




                The New Economy Engineer
                      ©TiME 2009
Personal Opportunity and Challenge

• There has never been a more exciting time
     to study, and do, engineering
•   Engineering is the economic engine for
    global prosperity
•   Routine analytical work is being outsourced
•   Engineers need broad-based skills to compete in
    a global environment
•   Be both relevant and unique
•   It is possible to not only to compete but to thrive


                   The New Economy Engineer
                         ©TiME 2009
Important Stuff Beyond the Purely
                             Technical

                          Technical Depth
                                        Teamwork
    Opportunity Analysis
                                             Design Thinking
      Value Creation
                                                Intellectual
Project Management             The
                                                Property
                                                                Necessary for
                          ‘New Economy’
  Ethical Leadership                         Sustainability
                                                                Successful
                             Engineer
        Global Thinking                     Marketing
                                                                Technology
        Communication Skills        Entrepreneurial Thinking
                                                                Commercialization




     Need: The New Economy Engineer
                                     The New Economy Engineer
                                           ©TiME 2009
Three Core Attributes of the
                      New Economy Engineer

                  Ability to analyze (technical as well as
                  business issues)

                  Ability to translate important concepts and
Quantitative
                  conclusions into the language of different
and qualitative
thinking;         constituencies (e.g., your boss, investors,
Left and right
                  non-technical colleagues, reporters)
brain; Analysis
+ synthesis
                  Ability to perceive new opportunities -
                  connecting disparate ideas from different
                  disciplines in new ways
                           The New Economy Engineer
                                 ©TiME 2009
Three Core Attributes of the
                New Economy Engineer


                          Key Words:

                           Analysis

                        Translation
‘softer’ skills, but
critically important
                         Perception

                              ‘ATP’
                       The New Economy Engineer
                             ©TiME 2009
Analysis

“Engineers in 2020, like engineers of yesterday
and today, will possess strong analytical skills.
At its core, engineering employs principles of
science, mathematics, and domains of discovery
and design to a particular challenge and for a
practical purpose. This will not change as we
move forward.”
            National Academy of Engineering
            The Engineer of 2020: Visions of
            Engineering in the New Century (2004)
                 The New Economy Engineer
                       ©TiME 2009
Analysis

• Engineering analysis is a fundamental skill
• Routine analysis (‘transactional,’ meaning pay
  in return for calculations or code without a
  broader context) is readily outsourced
• Analysis today should include business-
  related topics (e.g., statistics and Six Sigma
  methodologies, and concepts of accounting
  including time value of money and cash flow)
• Analysis in context, with its meaning and
  implications for all stakeholders, is key

               The New Economy Engineer
                     ©TiME 2009
Translation
“…there is a growing need to pursue collaborations
with multidisciplinary teams of experts across
multiple fields. Essential attributes for these teams
include excellence in communication (with technical
and public audiences), an ability to communicate
using technology, and an understanding of the
complexities associated with a global market and
social context. Flexibility, receptiveness to change,
and mutual respect are essential as well.”
            National Academy of Engineering
            The Engineer of 2020: Visions of
            Engineering in the New Century (2004)
                   The New Economy Engineer
                         ©TiME 2009
Translation

• To repeat: analysis in context, with its meaning
  and implications for all stakeholders, is key
• Ability to write (short memos, reports, good
  emails) is important
• Ability to speak and present (speak with
  confidence, use PowerPoint appropriately,*
  understand your audience) is important

*Kawasaki’s ‘10-20-30 rule’: 10 slides per 20
 minutes with no smaller than 30 point font
            Guy Kawasaki, Reality Check (2008)
               The New Economy Engineer
                     ©TiME 2009
Translation

• Be customer-focused in how you translate
  technology and analysis into languages others
  can understand
• Practice a lot
• Use feedback and criticism to improve
• Communicate via your résumé - make sure
  to focus on the ‘so what?’ factor - what was
  the impact of past experiences (research,
  co-ops, internships, employment)?



               The New Economy Engineer
                     ©TiME 2009
Perception

“…perception is not something immutably
hard-wired into the brain… It is a process
that is learned through experience… To
see things differently than other people, the
most effective solution is to bombard the
brain with things it has never encountered
before.”
            Gregory Berns, Iconoclast (2008)


              The New Economy Engineer
                    ©TiME 2009
Perception
• Our brains are lazy – take shortcuts and make
    assumptions based on limited information
    to conserve energy
•   Can get too comfortable with the familiar
•   Need fresh experiences and environments to
    think (perceive) differently (‘out of the box’)
•   Enable connecting different ideas in new
    combinations – where most opportunity lies
•   Multiple and diverse experiences serve as a
    neural ‘toolkit’ to provide fresh approaches
    to problems and to connect disparate ideas
                  The New Economy Engineer
                        ©TiME 2009
Perception
• Look for lots of new experiences: internships,
 co-ops, research, travel, multi-disciplinary
 projects, and any connection to the arts

• Don’t resist ‘unusual’ assignments simply
  because they are outside of your major area
  of expertise

• Work to frame and define problems in new
  ways; frequently definition of the problem is
  a greater bottleneck that its eventual solution
                The New Economy Engineer
                      ©TiME 2009
Use ‘ATP’ to be Relevant


“Work on important customer and market needs,
not just what is interesting to you.”
          Curtis Carlson and William Wilmot,
          Innovation: The Five Disciplines for
          Creating What Customers Want (2006)




                The New Economy Engineer
                      ©TiME 2009
Use ‘ATP’ to be Relevant

• Must understand needs of multiple constituencies
   (boss, colleagues, investors, customers, society)
• Have a compelling value proposition for all
  constituencies
• Understand the value chain (customers, suppliers,
  investors, collaborators, co-workers)
• Deliver on the value proposition
• Analysis, translation and perception are important
  for success


                 The New Economy Engineer
                       ©TiME 2009
Use ‘ATP’ to be Unique
Many can do routine analysis (outsourced to lowest bidder);
translation of analysis for different audiences will be more
broad in quality and scope, leading to more variety; perceiving
things/situations in new ways (thinking ‘out of the box’) affords
highly unique and personal responses.
        10n



                           more personal, more individual, more ‘you’
   # of ‘like’
   responses




   Few; limit
   is 100
              Analysis                 Translation                      Perception
                               The New Economy Engineer
                                     ©TiME 2009
A Combination of ‘ATP’ Linked to Needs =
          Personal Ingenuity

• Build skills of translation and perception
  on a strong technical (engineering) base
• Virtually any combination of the three is unique
  and personal
• Combinations are effectively infinite
• Couple to value propositions


Engineers will be far better able to compete on
 their own terms in a global economy

                The New Economy Engineer
                      ©TiME 2009
Three Core Attributes of the
    New Economy Engineer
 Analysis, Translation, Perception

  Leverage ‘ATP’ to enhance:

   Entrepreneurial Thinking
          Innovation
            Design
          Leadership
Your Personal Value Proposition

          The New Economy Engineer
                ©TiME 2009
Entrepreneurial Thinking and Entrepreneurship
Most commonly, the term entrepreneur applies to
someone who creates value by offering a product
or service. Entrepreneurs often have strong beliefs
about a market opportunity and organize their
resources effectively to accomplish an outcome
that changes existing interactions.
Entrepreneurship is the practice of starting new
organizations or revitalizing mature organizations,
new businesses generally in response to identified
opportunities.
                                      Wikipedia
                  The New Economy Engineer
                        ©TiME 2009
Entrepreneurial Thinking and Entrepreneurship

Entrepreneurial thinking - creative opportunism
leading to success of the enterprise, public benefit,
and personal satisfaction and growth.

All organizations – companies large and small,
educational institutions, governments – need
entrepreneurial thinkers.

Be resourceful. For example:
http://www.nytimes.com/2008/12/16/health/16incubators.html?_r=1&ref=science
http://www.case.edu/orgs/create/index.htm


                           The New Economy Engineer
                                 ©TiME 2009
Entrepreneurial Thinking and Entrepreneurship

“We don’t have the money, so we have to think.”
                                           Ernest Rutherford

Look for creative ways to use existing resources
and to identify new opportunities.

Mitigate risk by careful opportunity assessment
(technical, financial, markets, competition)

Use ‘ATP’
                The New Economy Engineer
                      ©TiME 2009
Innovation

Innovation is the successful creation and delivery
of a new or improved product or service in the
marketplace. Or to put it another way, innovation
is the process that turns an idea into value for
the customer and results in sustainable profit for
the enterprise.
            Curtis Carlson and William Wilmot,
            Innovation: The Five Disciplines for
            Creating What Customers Want (2006)

                  The New Economy Engineer
                        ©TiME 2009
Innovation


Idea → Invention →                                    Innovation
                                                          (customers)
                                Break down the barriers

Barriers include not fully understanding (among other things)
markets, customers, value propositions, intellectual property
protection, manufacturability, sustainability, and effective
project management. ‘ATP’.
            Note: innovation is a term of economics, not
            of technology; i.e., there are non-technical
            innovations such as new business models
                       The New Economy Engineer
                             ©TiME 2009
Innovation

‘ATP’ loop can help to feed continuous,
sustainable innovation


    Translation
                                       Perception




            Analysis


            The New Economy Engineer
                  ©TiME 2009
Innovation


“Innovation depends on harvesting knowledge
from a range of disciplines besides science and
technology, among them design, social science,
and the arts.”

            John Kao, Innovation Nation (2007)




                The New Economy Engineer
                      ©TiME 2009
Innovation

    “None of us is as smart as all of us.”
                            Japanese proverb




‘Open Innovation’ aims to leverage collective
ideas and talent. Leverages collective ‘ATP’.
               The New Economy Engineer
                     ©TiME 2009
Design

“Engineers are not the only professional designers.
Everyone designs who devises courses of action
aimed at changing existing situations into
preferred ones.”

“Engineering, medicine, business, architecture and
painting are concerned not with the necessary but
with the contingent - not with how things are but
with how they might be - in short, with design.”

      Herbert Simon, The Sciences of the Artificial
      (1993)
                   The New Economy Engineer
                         ©TiME 2009
Design

                                       Product Design
Product Design:
                                       2009
Common View

                                       Function and cost
Needs
                                       not enough
Ideas
                                       Abundance of choices
                                       begs for new ways to
Selection
                                       differentiate
Manufacture
                                       Design process non-
                                       linear, iterative
                  The New Economy Engineer
                        ©TiME 2009
Design 2009
     Again:
                  Ability to analyze (technical as well as
                  business issues)

                  Ability to translate important concepts and
Quantitative
                  conclusions into the language of different
and qualitative
thinking;         constituencies (e.g., your boss, investors,
Left and right
                  non-technical colleagues, reporters)
brain


                  Ability to perceive new opportunities -
                  connecting disparate ideas from different
                  disciplines in new ways
                            The New Economy Engineer
                                  ©TiME 2009
Leadership

• Leadership is expected at all levels of an
  organization, and immediately upon employment
  (e.g., how you accept responsibility, show
  respect for others, be mentored and be a mentor)
• Even when seeking a job, you can exhibit
  leadership throughout the process (your level of
  interest, preparation, interview and follow-up)
• Democratic v. autocratic leadership (aspire to
  the former)
• Lead by example

                 The New Economy Engineer
                       ©TiME 2009
Ethics and Leadership

“There absolutely are absolute rights and wrongs.”

                           Guy Kawasaki
                           Reality Check
    Ethical leadership is everyone’s responsibility,
    regardless of title

 “If you tell the truth you don't have to remember
 anything.”
                               Mark Twain
                   The New Economy Engineer
                         ©TiME 2009
Your Personal Value Proposition

“…companies are looking for candidates with
good communication skills and who can demonstrate
to employers that they can solve problems specific to
the company's goals. We have so many people who
are graduating and who have talent, but they're just
totally incapable of relating it to the problem that the
customer might have…That skill of positioning yourself
as a problem solver is what industry is really looking for.”

                  William Suits, ACS career consultant
                  (C&EN, Nov. 17, 2008)
                      The New Economy Engineer
                            ©TiME 2009
Your Personal Value Proposition


A CWRU alum and successful entrepreneur on
advice to anyone looking for a job at his company:
“Keep pestering me, and be prepared to tell me
why I must hire you.”

In other words, be both relevant and unique,
and communicate well why you are both. Your
personal value proposition is to understand how
you add value to an organization. Know your
customers.
                The New Economy Engineer
                      ©TiME 2009
Your Personal Value Proposition

“Luck is seizing an opportunity that you were not
looking for.”

            John Grisham, commencement address,
            University of Virginia (5/20/07)

“Innovation: the ability for individuals, companies
and entire nations to continuously create their
desired future.”
            John Kao, Innovation Nation (2007)

                 The New Economy Engineer
                       ©TiME 2009
Your Personal Value Proposition
Luck requires your active participation

The ability to analyze, translate and perceive
significantly increases your chances of being
‘lucky’

Don’t be afraid of uncertainty, unpredictability,
and change

Always seek out good mentors

Be relevant and unique
               The New Economy Engineer
                     ©TiME 2009
For the New Economy
Engineer…



The Interdisciplinary Master of Engineering and
        Management (MEM) Program
             “The MEM Experience”



The Institute for Management and Engineering (TiME)
                http://www.time.case.edu

                   The New Economy Engineer
                         ©TiME 2009
Institute Mission
The Institute is dedicated to the integration of
engineering and management to educate the next
generation of business-minded innovators. It seeks to
achieve this objective via:
                     Education
 The Master of Engineering and Management Program
                Experiential Learning
  Commercialization Associate Program; Real-Time,
                     Real-World
                 Classroom Projects
                      Industry
   Corporate Advisory Board; Classroom Projects,
            Internships; Engaged Alumni
                  The New Economy Engineer
                        ©TiME 2009
MEM Curriculum (3 Semesters)
Course Title (Credits)
Professional Development (3)
Project Management (3)
Materials and Manufacturing Processes (3)
Accounting, Finance, and Engineering Economics (3)
Product and Process Design, Development, Delivery (6)
Design for Manufacturing and Manufacturing
Management (3)
Information Technology and Systems (3)
Understanding People and Change in Organizations (3)
Engineering Statistics and Quality (3)
Engineering Entrepreneurship (6)
Electives (6)
                  The New Economy Engineer
                        ©TiME 2009
MEM Points of Distinction
Integrated curriculum and faculty help students acquire the
critical skills needed in engineering management tracks and
leadership programs.
Experiential real-world projects in product design, quality
management, and entrepreneurship
Growing Commercialization Associate Program (CA
Program) provides valuable experiential learning, which
enhances the curriculum in real-time.
Unique value-added group experiences for the “business-
minded” engineer such as Lake Effect Innovation, LLC and
the CREATE design group.
Accelerated career tracks and unique employment
opportunities
                      The New Economy Engineer
                            ©TiME 2009
MEM Points of Distinction


             Engineering




                   MEM
Design                                  Management

             The New Economy Engineer
                   ©TiME 2009
More on The New Economy Engineer

http://www.mem.case.edu/index.html


        Blog coming soon




          The New Economy Engineer
                ©TiME 2009
References and Selected Readings

Berns, Gregory (2008), Iconoclast, Harvard Business
Press
Brunner, Robert and Stewart Emery (2009), Do You
Matter?, FT Press
Carlson, Curtis and William Wilmot (2006), Innovation:
The Five Disciplines for Creating What Customers
Want, Crown Business Books
Friedman, Thomas (2006), The World is Flat, Farrar,
Straus and Giroux
Goldberg, David (2006), The Entrepreneurial Engineer,
Wiley Interscience; see also
http://www.entrepreneurialengineer.blogspot.com
Graves, Heather and Roger Graves (2007), A Strategic
Guide to Technical Communication, Broadview
Hawkins, Jeff (2004), On Intelligence, Times Books
Kawasaki, Guy (2008), Reality Check, Portfolio


             The New Economy Engineer
                   ©TiME 2009
Liker, Jeffrey and Michael Hoseus (2008), Toyota
Culture, McGraw-Hill
McGirt, Ellen (2008), “How Cisco’s CEO John
Chambers is Turning the Tech Giant Socialist.”
http://www.fastcompany.com/magazine/131/revolution
-in-san-jose.html.
Norman, Donald (2007), The Design of Future Things,
Basic Books
Pink, Dan (2006), A Whole New Mind, Riverhead
Books
Rover, Diane (2005), “New Economy, New Engineer,”
J. Engineering Education., Oct. issue
Schramm, Carl J. (2006), The Entrepreneurial
Imperative, Collins Press
Shirky, Clay (2008), Here Comes Everybody, Penguin
Press
Tapscott, Don and Anthony D. Williams (2008),
Wikinomics: How Mass Collaboration Changes
Everything, Portfolio
           The New Economy Engineer
                 ©TiME 2009

More Related Content

What's hot

Innovation and Entrepreneurship
Innovation and EntrepreneurshipInnovation and Entrepreneurship
Innovation and EntrepreneurshipAlar Kolk
 
Innovation booklet. Carles Debart
Innovation booklet. Carles DebartInnovation booklet. Carles Debart
Innovation booklet. Carles DebartCarles Debart
 
From Idea to Product, Course Lectures Samples Promo
From Idea to Product, Course Lectures Samples PromoFrom Idea to Product, Course Lectures Samples Promo
From Idea to Product, Course Lectures Samples PromoMotaz Agamawi
 
Innovation the classic traps v3
Innovation the classic traps v3Innovation the classic traps v3
Innovation the classic traps v3Jenny Craig
 
Completing the Innovation Management Puzzle
Completing the Innovation Management PuzzleCompleting the Innovation Management Puzzle
Completing the Innovation Management PuzzleJulian Keith Loren
 
Peter löscher_Siemens CEO
Peter löscher_Siemens CEOPeter löscher_Siemens CEO
Peter löscher_Siemens CEOSherif Ali
 
R&D Leadership
R&D LeadershipR&D Leadership
R&D Leadershipkevinlu
 
Models of Energy Innovation
Models of Energy InnovationModels of Energy Innovation
Models of Energy InnovationCleanMarkets
 
Schmid, hamrock, jacobson fundamentals of machine elements ch 01 what is de...
Schmid, hamrock, jacobson   fundamentals of machine elements ch 01 what is de...Schmid, hamrock, jacobson   fundamentals of machine elements ch 01 what is de...
Schmid, hamrock, jacobson fundamentals of machine elements ch 01 what is de...Fernanda Sandoval
 
Technology Enabled Business Transformation (Nordea case)
Technology Enabled Business Transformation (Nordea case)Technology Enabled Business Transformation (Nordea case)
Technology Enabled Business Transformation (Nordea case)Mikkel Brahm
 
7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, Brazil
7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, Brazil7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, Brazil
7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, BrazilStefan Lindegaard
 

What's hot (13)

Innovation and Entrepreneurship
Innovation and EntrepreneurshipInnovation and Entrepreneurship
Innovation and Entrepreneurship
 
Innovation booklet. Carles Debart
Innovation booklet. Carles DebartInnovation booklet. Carles Debart
Innovation booklet. Carles Debart
 
From Idea to Product, Course Lectures Samples Promo
From Idea to Product, Course Lectures Samples PromoFrom Idea to Product, Course Lectures Samples Promo
From Idea to Product, Course Lectures Samples Promo
 
Innovation the classic traps v3
Innovation the classic traps v3Innovation the classic traps v3
Innovation the classic traps v3
 
Completing the Innovation Management Puzzle
Completing the Innovation Management PuzzleCompleting the Innovation Management Puzzle
Completing the Innovation Management Puzzle
 
Peter löscher_Siemens CEO
Peter löscher_Siemens CEOPeter löscher_Siemens CEO
Peter löscher_Siemens CEO
 
Hip To Be Square
Hip To Be SquareHip To Be Square
Hip To Be Square
 
R&D Leadership
R&D LeadershipR&D Leadership
R&D Leadership
 
Models of Energy Innovation
Models of Energy InnovationModels of Energy Innovation
Models of Energy Innovation
 
Schmid, hamrock, jacobson fundamentals of machine elements ch 01 what is de...
Schmid, hamrock, jacobson   fundamentals of machine elements ch 01 what is de...Schmid, hamrock, jacobson   fundamentals of machine elements ch 01 what is de...
Schmid, hamrock, jacobson fundamentals of machine elements ch 01 what is de...
 
Technology Enabled Business Transformation (Nordea case)
Technology Enabled Business Transformation (Nordea case)Technology Enabled Business Transformation (Nordea case)
Technology Enabled Business Transformation (Nordea case)
 
TSB Metadata CADI2 Briefing 24_march_v2
TSB Metadata CADI2 Briefing 24_march_v2TSB Metadata CADI2 Briefing 24_march_v2
TSB Metadata CADI2 Briefing 24_march_v2
 
7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, Brazil
7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, Brazil7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, Brazil
7 Steps for Open Innovation - Conferencia Crowdsourcing, Sao Paulo, Brazil
 

Similar to New Economy Engineer v.1

Architecture for the masses - An Open Group Webinar
Architecture for the masses - An Open Group WebinarArchitecture for the masses - An Open Group Webinar
Architecture for the masses - An Open Group WebinarCraig Martin
 
1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)
1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)
1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)JiWoon Yi
 
An analysis of novel business practices (Technology in the corporate world)
An analysis of novel business practices (Technology in the corporate world) An analysis of novel business practices (Technology in the corporate world)
An analysis of novel business practices (Technology in the corporate world) Roberto Gregoratti
 
Introduction: Strategic Management of Engineering Enterprise
Introduction:  Strategic Management of Engineering EnterpriseIntroduction:  Strategic Management of Engineering Enterprise
Introduction: Strategic Management of Engineering EnterpriseJo Balucanag - Bitonio
 
PD73002 Product Development
PD73002 Product DevelopmentPD73002 Product Development
PD73002 Product Developmentkratesng
 
Hunter for a technology firm
Hunter for a technology firm Hunter for a technology firm
Hunter for a technology firm Balaji Nambi
 
Deltek Overview For NDIA V3.01 Ckb
Deltek Overview For NDIA V3.01 CkbDeltek Overview For NDIA V3.01 Ckb
Deltek Overview For NDIA V3.01 Ckbphlckb
 
034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE
034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE 034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE
034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE Dr Fereidoun Dejahang
 
034 innovation & productivity
034 innovation & productivity034 innovation & productivity
034 innovation & productivitydrdej19
 
Product Development Process
Product Development ProcessProduct Development Process
Product Development ProcessSanan Hasanov
 
Austmine Co-Lab Performance Improvement Now Final
Austmine Co-Lab Performance Improvement Now FinalAustmine Co-Lab Performance Improvement Now Final
Austmine Co-Lab Performance Improvement Now FinalMegan Edwards
 
Accelper Training And Certification Presentation
Accelper Training And Certification PresentationAccelper Training And Certification Presentation
Accelper Training And Certification PresentationPraveen Gupta
 
Empirical Evidence Of Agile Methods
Empirical Evidence Of Agile MethodsEmpirical Evidence Of Agile Methods
Empirical Evidence Of Agile MethodsGrigori Melnik
 
Competing with IT 15 March 13
Competing with IT 15 March 13Competing with IT 15 March 13
Competing with IT 15 March 13Lead & Transform
 
Bringing Architecture Thinking to the People - An introduction into the PEOPL...
Bringing Architecture Thinking to the People - An introduction into the PEOPL...Bringing Architecture Thinking to the People - An introduction into the PEOPL...
Bringing Architecture Thinking to the People - An introduction into the PEOPL...Craig Martin
 
Design thinking for Business Analysis
Design thinking for Business Analysis Design thinking for Business Analysis
Design thinking for Business Analysis Tshepo Matjila
 

Similar to New Economy Engineer v.1 (20)

Architecture for the masses - An Open Group Webinar
Architecture for the masses - An Open Group WebinarArchitecture for the masses - An Open Group Webinar
Architecture for the masses - An Open Group Webinar
 
1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)
1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)
1 건설사업관리의 새로운 프론티어 adesh jain회장(ipma)
 
An analysis of novel business practices (Technology in the corporate world)
An analysis of novel business practices (Technology in the corporate world) An analysis of novel business practices (Technology in the corporate world)
An analysis of novel business practices (Technology in the corporate world)
 
Introduction: Strategic Management of Engineering Enterprise
Introduction:  Strategic Management of Engineering EnterpriseIntroduction:  Strategic Management of Engineering Enterprise
Introduction: Strategic Management of Engineering Enterprise
 
Soft Skills For Engineers
Soft Skills For EngineersSoft Skills For Engineers
Soft Skills For Engineers
 
PD73002 Product Development
PD73002 Product DevelopmentPD73002 Product Development
PD73002 Product Development
 
Hunter for a technology firm
Hunter for a technology firm Hunter for a technology firm
Hunter for a technology firm
 
Ecl brochure
Ecl brochureEcl brochure
Ecl brochure
 
Deltek Overview For NDIA V3.01 Ckb
Deltek Overview For NDIA V3.01 CkbDeltek Overview For NDIA V3.01 Ckb
Deltek Overview For NDIA V3.01 Ckb
 
034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE
034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE 034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE
034 INNOVATION DELAY AND DISRUPTION, WASTE ON SITE
 
034 innovation & productivity
034 innovation & productivity034 innovation & productivity
034 innovation & productivity
 
Texvyn technologies general
Texvyn technologies   generalTexvyn technologies   general
Texvyn technologies general
 
Product Development Process
Product Development ProcessProduct Development Process
Product Development Process
 
Austmine Co-Lab Performance Improvement Now Final
Austmine Co-Lab Performance Improvement Now FinalAustmine Co-Lab Performance Improvement Now Final
Austmine Co-Lab Performance Improvement Now Final
 
Accelper Training And Certification Presentation
Accelper Training And Certification PresentationAccelper Training And Certification Presentation
Accelper Training And Certification Presentation
 
CFordham Marymount Career Workshop
CFordham Marymount Career WorkshopCFordham Marymount Career Workshop
CFordham Marymount Career Workshop
 
Empirical Evidence Of Agile Methods
Empirical Evidence Of Agile MethodsEmpirical Evidence Of Agile Methods
Empirical Evidence Of Agile Methods
 
Competing with IT 15 March 13
Competing with IT 15 March 13Competing with IT 15 March 13
Competing with IT 15 March 13
 
Bringing Architecture Thinking to the People - An introduction into the PEOPL...
Bringing Architecture Thinking to the People - An introduction into the PEOPL...Bringing Architecture Thinking to the People - An introduction into the PEOPL...
Bringing Architecture Thinking to the People - An introduction into the PEOPL...
 
Design thinking for Business Analysis
Design thinking for Business Analysis Design thinking for Business Analysis
Design thinking for Business Analysis
 

Recently uploaded

Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...gajnagarg
 
Miletti Gabriela_Vision Plan for artist Jahzel.pdf
Miletti Gabriela_Vision Plan for artist Jahzel.pdfMiletti Gabriela_Vision Plan for artist Jahzel.pdf
Miletti Gabriela_Vision Plan for artist Jahzel.pdfGabrielaMiletti
 
怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制
怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制
怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制yynod
 
Brand Analysis for reggaeton artist Jahzel.
Brand Analysis for reggaeton artist Jahzel.Brand Analysis for reggaeton artist Jahzel.
Brand Analysis for reggaeton artist Jahzel.GabrielaMiletti
 
Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...
Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...
Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...gajnagarg
 
Personal Brand Exploration ppt.- Ronnie Jones
Personal Brand  Exploration ppt.- Ronnie JonesPersonal Brand  Exploration ppt.- Ronnie Jones
Personal Brand Exploration ppt.- Ronnie Jonesjonesyde302
 
DMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdf
DMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdfDMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdf
DMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdfReemaKhan31
 
Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...gajnagarg
 
Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...gajnagarg
 
Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...gajnagarg
 
一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证
一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证
一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证eqaqen
 
reStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdf
reStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdfreStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdf
reStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdfKen Fuller
 
Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...
Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...
Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...gajnagarg
 
怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制
怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制
怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制yynod
 
Specialize in a MSc within Biomanufacturing, and work part-time as Process En...
Specialize in a MSc within Biomanufacturing, and work part-time as Process En...Specialize in a MSc within Biomanufacturing, and work part-time as Process En...
Specialize in a MSc within Biomanufacturing, and work part-time as Process En...Juli Boned
 
Guide to a Winning Interview May 2024 for MCWN
Guide to a Winning Interview May 2024 for MCWNGuide to a Winning Interview May 2024 for MCWN
Guide to a Winning Interview May 2024 for MCWNBruce Bennett
 
一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证
一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证
一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证eqaqen
 
Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...gajnagarg
 
B.tech Civil Engineering Major Project by Deepak Kumar ppt.pdf
B.tech Civil Engineering Major Project by Deepak Kumar ppt.pdfB.tech Civil Engineering Major Project by Deepak Kumar ppt.pdf
B.tech Civil Engineering Major Project by Deepak Kumar ppt.pdfDeepak15CivilEngg
 
Gabriel_Carter_EXPOLRATIONpp.pptx........
Gabriel_Carter_EXPOLRATIONpp.pptx........Gabriel_Carter_EXPOLRATIONpp.pptx........
Gabriel_Carter_EXPOLRATIONpp.pptx........deejay178
 

Recently uploaded (20)

Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Shimla [ 7014168258 ] Call Me For Genuine Models We...
 
Miletti Gabriela_Vision Plan for artist Jahzel.pdf
Miletti Gabriela_Vision Plan for artist Jahzel.pdfMiletti Gabriela_Vision Plan for artist Jahzel.pdf
Miletti Gabriela_Vision Plan for artist Jahzel.pdf
 
怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制
怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制
怎样办理哥伦比亚大学毕业证(Columbia毕业证书)成绩单学校原版复制
 
Brand Analysis for reggaeton artist Jahzel.
Brand Analysis for reggaeton artist Jahzel.Brand Analysis for reggaeton artist Jahzel.
Brand Analysis for reggaeton artist Jahzel.
 
Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...
Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...
Top profile Call Girls In daman [ 7014168258 ] Call Me For Genuine Models We ...
 
Personal Brand Exploration ppt.- Ronnie Jones
Personal Brand  Exploration ppt.- Ronnie JonesPersonal Brand  Exploration ppt.- Ronnie Jones
Personal Brand Exploration ppt.- Ronnie Jones
 
DMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdf
DMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdfDMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdf
DMER-AYUSH-MIMS-Staff-Nurse-_Selection-List-04-05-2024.pdf
 
Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Shillong [ 7014168258 ] Call Me For Genuine Models ...
 
Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Ratnagiri [ 7014168258 ] Call Me For Genuine Models...
 
Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In bhubaneswar [ 7014168258 ] Call Me For Genuine Mode...
 
一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证
一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证
一比一定(购)堪培拉大学毕业证(UC毕业证)成绩单学位证
 
reStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdf
reStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdfreStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdf
reStartEvents 5:9 DC metro & Beyond V-Career Fair Employer Directory.pdf
 
Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...
Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...
Top profile Call Girls In Gangtok [ 7014168258 ] Call Me For Genuine Models W...
 
怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制
怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制
怎样办理宾夕法尼亚大学毕业证(UPenn毕业证书)成绩单学校原版复制
 
Specialize in a MSc within Biomanufacturing, and work part-time as Process En...
Specialize in a MSc within Biomanufacturing, and work part-time as Process En...Specialize in a MSc within Biomanufacturing, and work part-time as Process En...
Specialize in a MSc within Biomanufacturing, and work part-time as Process En...
 
Guide to a Winning Interview May 2024 for MCWN
Guide to a Winning Interview May 2024 for MCWNGuide to a Winning Interview May 2024 for MCWN
Guide to a Winning Interview May 2024 for MCWN
 
一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证
一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证
一比一定(购)中央昆士兰大学毕业证(CQU毕业证)成绩单学位证
 
Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Raipur [ 7014168258 ] Call Me For Genuine Models We...
 
B.tech Civil Engineering Major Project by Deepak Kumar ppt.pdf
B.tech Civil Engineering Major Project by Deepak Kumar ppt.pdfB.tech Civil Engineering Major Project by Deepak Kumar ppt.pdf
B.tech Civil Engineering Major Project by Deepak Kumar ppt.pdf
 
Gabriel_Carter_EXPOLRATIONpp.pptx........
Gabriel_Carter_EXPOLRATIONpp.pptx........Gabriel_Carter_EXPOLRATIONpp.pptx........
Gabriel_Carter_EXPOLRATIONpp.pptx........
 

New Economy Engineer v.1

  • 1. The New Economy Engineer Positioning for a Sustainable and Rewarding Career Gary E. Wnek The Institute for Management and Engineering (TiME) Case Western Reserve University gew5@case.edu The New Economy Engineer ©TiME 2009
  • 2. Engineering is Key “…Engineering schools beget engineers. Engineers beget ideas. And ideas beget companies.” Guy Kawasaki, Reality Check (2008) The New Economy Engineer ©TiME 2009
  • 3. ‘Engineering 2020’ – Grand Challenges http://www8.nationalacademies.org/onpinews/newsitem.aspx?RecordID=02152008 • Make solar energy affordable • Provide energy from fusion • Develop carbon sequestration methods • Manage the nitrogen cycle • Provide access to clean water • Restore and improve urban infrastructure • Advance health informatics • Engineer better medicines • Reverse-engineer the brain • Prevent nuclear terror • Secure cyberspace • Enhance virtual reality • Advance personalized learning • Engineer the tools for scientific discovery The New Economy Engineer ©TiME 2009
  • 4. Technical Fundamentals are Key It is impossible to address Grand Challenges (or any technology-based challenge, no matter how ‘small’) without strong technical fundamentals, such as thermodynamics, circuits, quantum theory, physical properties of solids, optics, fluid mechanics, physiology, and molecular biology. But… The New Economy Engineer ©TiME 2009
  • 5. Personal Opportunity and Challenge “…Today’s engineer is on a different planet. He or she faces of life of multiple project assignments with an almost interchangeable array of employers, clients, start-ups and established firms; these assignments require an extraordinarily broad set of technical, business, and interpersonal skills performed as part of ever-changing and shifting interdisciplinary teams.” David Goldberg, The Entrepreneurial Engineer (2006) The New Economy Engineer ©TiME 2009
  • 6. Personal Opportunity and Challenge “This period is one of the most exciting, opportunity-rich times in history. It is also fraught with disruption and change.” Curtis Carlson and William Wilmot, Innovation: The Five Disciplines for Creating What Customers Want (2006) The New Economy Engineer ©TiME 2009
  • 7. Personal Opportunity and Challenge • There has never been a more exciting time to study, and do, engineering • Engineering is the economic engine for global prosperity • Routine analytical work is being outsourced • Engineers need broad-based skills to compete in a global environment • Be both relevant and unique • It is possible to not only to compete but to thrive The New Economy Engineer ©TiME 2009
  • 8. Important Stuff Beyond the Purely Technical Technical Depth Teamwork Opportunity Analysis Design Thinking Value Creation Intellectual Project Management The Property Necessary for ‘New Economy’ Ethical Leadership Sustainability Successful Engineer Global Thinking Marketing Technology Communication Skills Entrepreneurial Thinking Commercialization Need: The New Economy Engineer The New Economy Engineer ©TiME 2009
  • 9. Three Core Attributes of the New Economy Engineer Ability to analyze (technical as well as business issues) Ability to translate important concepts and Quantitative conclusions into the language of different and qualitative thinking; constituencies (e.g., your boss, investors, Left and right non-technical colleagues, reporters) brain; Analysis + synthesis Ability to perceive new opportunities - connecting disparate ideas from different disciplines in new ways The New Economy Engineer ©TiME 2009
  • 10. Three Core Attributes of the New Economy Engineer Key Words: Analysis Translation ‘softer’ skills, but critically important Perception ‘ATP’ The New Economy Engineer ©TiME 2009
  • 11. Analysis “Engineers in 2020, like engineers of yesterday and today, will possess strong analytical skills. At its core, engineering employs principles of science, mathematics, and domains of discovery and design to a particular challenge and for a practical purpose. This will not change as we move forward.” National Academy of Engineering The Engineer of 2020: Visions of Engineering in the New Century (2004) The New Economy Engineer ©TiME 2009
  • 12. Analysis • Engineering analysis is a fundamental skill • Routine analysis (‘transactional,’ meaning pay in return for calculations or code without a broader context) is readily outsourced • Analysis today should include business- related topics (e.g., statistics and Six Sigma methodologies, and concepts of accounting including time value of money and cash flow) • Analysis in context, with its meaning and implications for all stakeholders, is key The New Economy Engineer ©TiME 2009
  • 13. Translation “…there is a growing need to pursue collaborations with multidisciplinary teams of experts across multiple fields. Essential attributes for these teams include excellence in communication (with technical and public audiences), an ability to communicate using technology, and an understanding of the complexities associated with a global market and social context. Flexibility, receptiveness to change, and mutual respect are essential as well.” National Academy of Engineering The Engineer of 2020: Visions of Engineering in the New Century (2004) The New Economy Engineer ©TiME 2009
  • 14. Translation • To repeat: analysis in context, with its meaning and implications for all stakeholders, is key • Ability to write (short memos, reports, good emails) is important • Ability to speak and present (speak with confidence, use PowerPoint appropriately,* understand your audience) is important *Kawasaki’s ‘10-20-30 rule’: 10 slides per 20 minutes with no smaller than 30 point font Guy Kawasaki, Reality Check (2008) The New Economy Engineer ©TiME 2009
  • 15. Translation • Be customer-focused in how you translate technology and analysis into languages others can understand • Practice a lot • Use feedback and criticism to improve • Communicate via your résumé - make sure to focus on the ‘so what?’ factor - what was the impact of past experiences (research, co-ops, internships, employment)? The New Economy Engineer ©TiME 2009
  • 16. Perception “…perception is not something immutably hard-wired into the brain… It is a process that is learned through experience… To see things differently than other people, the most effective solution is to bombard the brain with things it has never encountered before.” Gregory Berns, Iconoclast (2008) The New Economy Engineer ©TiME 2009
  • 17. Perception • Our brains are lazy – take shortcuts and make assumptions based on limited information to conserve energy • Can get too comfortable with the familiar • Need fresh experiences and environments to think (perceive) differently (‘out of the box’) • Enable connecting different ideas in new combinations – where most opportunity lies • Multiple and diverse experiences serve as a neural ‘toolkit’ to provide fresh approaches to problems and to connect disparate ideas The New Economy Engineer ©TiME 2009
  • 18. Perception • Look for lots of new experiences: internships, co-ops, research, travel, multi-disciplinary projects, and any connection to the arts • Don’t resist ‘unusual’ assignments simply because they are outside of your major area of expertise • Work to frame and define problems in new ways; frequently definition of the problem is a greater bottleneck that its eventual solution The New Economy Engineer ©TiME 2009
  • 19. Use ‘ATP’ to be Relevant “Work on important customer and market needs, not just what is interesting to you.” Curtis Carlson and William Wilmot, Innovation: The Five Disciplines for Creating What Customers Want (2006) The New Economy Engineer ©TiME 2009
  • 20. Use ‘ATP’ to be Relevant • Must understand needs of multiple constituencies (boss, colleagues, investors, customers, society) • Have a compelling value proposition for all constituencies • Understand the value chain (customers, suppliers, investors, collaborators, co-workers) • Deliver on the value proposition • Analysis, translation and perception are important for success The New Economy Engineer ©TiME 2009
  • 21. Use ‘ATP’ to be Unique Many can do routine analysis (outsourced to lowest bidder); translation of analysis for different audiences will be more broad in quality and scope, leading to more variety; perceiving things/situations in new ways (thinking ‘out of the box’) affords highly unique and personal responses. 10n more personal, more individual, more ‘you’ # of ‘like’ responses Few; limit is 100 Analysis Translation Perception The New Economy Engineer ©TiME 2009
  • 22. A Combination of ‘ATP’ Linked to Needs = Personal Ingenuity • Build skills of translation and perception on a strong technical (engineering) base • Virtually any combination of the three is unique and personal • Combinations are effectively infinite • Couple to value propositions Engineers will be far better able to compete on their own terms in a global economy The New Economy Engineer ©TiME 2009
  • 23. Three Core Attributes of the New Economy Engineer Analysis, Translation, Perception Leverage ‘ATP’ to enhance: Entrepreneurial Thinking Innovation Design Leadership Your Personal Value Proposition The New Economy Engineer ©TiME 2009
  • 24. Entrepreneurial Thinking and Entrepreneurship Most commonly, the term entrepreneur applies to someone who creates value by offering a product or service. Entrepreneurs often have strong beliefs about a market opportunity and organize their resources effectively to accomplish an outcome that changes existing interactions. Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, new businesses generally in response to identified opportunities. Wikipedia The New Economy Engineer ©TiME 2009
  • 25. Entrepreneurial Thinking and Entrepreneurship Entrepreneurial thinking - creative opportunism leading to success of the enterprise, public benefit, and personal satisfaction and growth. All organizations – companies large and small, educational institutions, governments – need entrepreneurial thinkers. Be resourceful. For example: http://www.nytimes.com/2008/12/16/health/16incubators.html?_r=1&ref=science http://www.case.edu/orgs/create/index.htm The New Economy Engineer ©TiME 2009
  • 26. Entrepreneurial Thinking and Entrepreneurship “We don’t have the money, so we have to think.” Ernest Rutherford Look for creative ways to use existing resources and to identify new opportunities. Mitigate risk by careful opportunity assessment (technical, financial, markets, competition) Use ‘ATP’ The New Economy Engineer ©TiME 2009
  • 27. Innovation Innovation is the successful creation and delivery of a new or improved product or service in the marketplace. Or to put it another way, innovation is the process that turns an idea into value for the customer and results in sustainable profit for the enterprise. Curtis Carlson and William Wilmot, Innovation: The Five Disciplines for Creating What Customers Want (2006) The New Economy Engineer ©TiME 2009
  • 28. Innovation Idea → Invention → Innovation (customers) Break down the barriers Barriers include not fully understanding (among other things) markets, customers, value propositions, intellectual property protection, manufacturability, sustainability, and effective project management. ‘ATP’. Note: innovation is a term of economics, not of technology; i.e., there are non-technical innovations such as new business models The New Economy Engineer ©TiME 2009
  • 29. Innovation ‘ATP’ loop can help to feed continuous, sustainable innovation Translation Perception Analysis The New Economy Engineer ©TiME 2009
  • 30. Innovation “Innovation depends on harvesting knowledge from a range of disciplines besides science and technology, among them design, social science, and the arts.” John Kao, Innovation Nation (2007) The New Economy Engineer ©TiME 2009
  • 31. Innovation “None of us is as smart as all of us.” Japanese proverb ‘Open Innovation’ aims to leverage collective ideas and talent. Leverages collective ‘ATP’. The New Economy Engineer ©TiME 2009
  • 32. Design “Engineers are not the only professional designers. Everyone designs who devises courses of action aimed at changing existing situations into preferred ones.” “Engineering, medicine, business, architecture and painting are concerned not with the necessary but with the contingent - not with how things are but with how they might be - in short, with design.” Herbert Simon, The Sciences of the Artificial (1993) The New Economy Engineer ©TiME 2009
  • 33. Design Product Design Product Design: 2009 Common View Function and cost Needs not enough Ideas Abundance of choices begs for new ways to Selection differentiate Manufacture Design process non- linear, iterative The New Economy Engineer ©TiME 2009
  • 34. Design 2009 Again: Ability to analyze (technical as well as business issues) Ability to translate important concepts and Quantitative conclusions into the language of different and qualitative thinking; constituencies (e.g., your boss, investors, Left and right non-technical colleagues, reporters) brain Ability to perceive new opportunities - connecting disparate ideas from different disciplines in new ways The New Economy Engineer ©TiME 2009
  • 35. Leadership • Leadership is expected at all levels of an organization, and immediately upon employment (e.g., how you accept responsibility, show respect for others, be mentored and be a mentor) • Even when seeking a job, you can exhibit leadership throughout the process (your level of interest, preparation, interview and follow-up) • Democratic v. autocratic leadership (aspire to the former) • Lead by example The New Economy Engineer ©TiME 2009
  • 36. Ethics and Leadership “There absolutely are absolute rights and wrongs.” Guy Kawasaki Reality Check Ethical leadership is everyone’s responsibility, regardless of title “If you tell the truth you don't have to remember anything.” Mark Twain The New Economy Engineer ©TiME 2009
  • 37. Your Personal Value Proposition “…companies are looking for candidates with good communication skills and who can demonstrate to employers that they can solve problems specific to the company's goals. We have so many people who are graduating and who have talent, but they're just totally incapable of relating it to the problem that the customer might have…That skill of positioning yourself as a problem solver is what industry is really looking for.” William Suits, ACS career consultant (C&EN, Nov. 17, 2008) The New Economy Engineer ©TiME 2009
  • 38. Your Personal Value Proposition A CWRU alum and successful entrepreneur on advice to anyone looking for a job at his company: “Keep pestering me, and be prepared to tell me why I must hire you.” In other words, be both relevant and unique, and communicate well why you are both. Your personal value proposition is to understand how you add value to an organization. Know your customers. The New Economy Engineer ©TiME 2009
  • 39. Your Personal Value Proposition “Luck is seizing an opportunity that you were not looking for.” John Grisham, commencement address, University of Virginia (5/20/07) “Innovation: the ability for individuals, companies and entire nations to continuously create their desired future.” John Kao, Innovation Nation (2007) The New Economy Engineer ©TiME 2009
  • 40. Your Personal Value Proposition Luck requires your active participation The ability to analyze, translate and perceive significantly increases your chances of being ‘lucky’ Don’t be afraid of uncertainty, unpredictability, and change Always seek out good mentors Be relevant and unique The New Economy Engineer ©TiME 2009
  • 41. For the New Economy Engineer… The Interdisciplinary Master of Engineering and Management (MEM) Program “The MEM Experience” The Institute for Management and Engineering (TiME) http://www.time.case.edu The New Economy Engineer ©TiME 2009
  • 42. Institute Mission The Institute is dedicated to the integration of engineering and management to educate the next generation of business-minded innovators. It seeks to achieve this objective via: Education The Master of Engineering and Management Program Experiential Learning Commercialization Associate Program; Real-Time, Real-World Classroom Projects Industry Corporate Advisory Board; Classroom Projects, Internships; Engaged Alumni The New Economy Engineer ©TiME 2009
  • 43. MEM Curriculum (3 Semesters) Course Title (Credits) Professional Development (3) Project Management (3) Materials and Manufacturing Processes (3) Accounting, Finance, and Engineering Economics (3) Product and Process Design, Development, Delivery (6) Design for Manufacturing and Manufacturing Management (3) Information Technology and Systems (3) Understanding People and Change in Organizations (3) Engineering Statistics and Quality (3) Engineering Entrepreneurship (6) Electives (6) The New Economy Engineer ©TiME 2009
  • 44. MEM Points of Distinction Integrated curriculum and faculty help students acquire the critical skills needed in engineering management tracks and leadership programs. Experiential real-world projects in product design, quality management, and entrepreneurship Growing Commercialization Associate Program (CA Program) provides valuable experiential learning, which enhances the curriculum in real-time. Unique value-added group experiences for the “business- minded” engineer such as Lake Effect Innovation, LLC and the CREATE design group. Accelerated career tracks and unique employment opportunities The New Economy Engineer ©TiME 2009
  • 45. MEM Points of Distinction Engineering MEM Design Management The New Economy Engineer ©TiME 2009
  • 46. More on The New Economy Engineer http://www.mem.case.edu/index.html Blog coming soon The New Economy Engineer ©TiME 2009
  • 47. References and Selected Readings Berns, Gregory (2008), Iconoclast, Harvard Business Press Brunner, Robert and Stewart Emery (2009), Do You Matter?, FT Press Carlson, Curtis and William Wilmot (2006), Innovation: The Five Disciplines for Creating What Customers Want, Crown Business Books Friedman, Thomas (2006), The World is Flat, Farrar, Straus and Giroux Goldberg, David (2006), The Entrepreneurial Engineer, Wiley Interscience; see also http://www.entrepreneurialengineer.blogspot.com Graves, Heather and Roger Graves (2007), A Strategic Guide to Technical Communication, Broadview Hawkins, Jeff (2004), On Intelligence, Times Books Kawasaki, Guy (2008), Reality Check, Portfolio The New Economy Engineer ©TiME 2009
  • 48. Liker, Jeffrey and Michael Hoseus (2008), Toyota Culture, McGraw-Hill McGirt, Ellen (2008), “How Cisco’s CEO John Chambers is Turning the Tech Giant Socialist.” http://www.fastcompany.com/magazine/131/revolution -in-san-jose.html. Norman, Donald (2007), The Design of Future Things, Basic Books Pink, Dan (2006), A Whole New Mind, Riverhead Books Rover, Diane (2005), “New Economy, New Engineer,” J. Engineering Education., Oct. issue Schramm, Carl J. (2006), The Entrepreneurial Imperative, Collins Press Shirky, Clay (2008), Here Comes Everybody, Penguin Press Tapscott, Don and Anthony D. Williams (2008), Wikinomics: How Mass Collaboration Changes Everything, Portfolio The New Economy Engineer ©TiME 2009