CS-E Digital Business Management

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1 Aalto Ventures Program CS-E Digital Business Management 1st Session Oct 1st, 2018 O-P Mutanen, Olli Martikainen EIT Digital Master School

2 Teacher: Olli-Pekka Mutanen CURRENT: Professional career and societal activity Digital Operations Research Group, School of Science, Aalto University Aalto Ventures Program, co-founder and lecturer EIT Master s Programme in ICT Innovation, Coordinator & responsible teacher National Growth Forum (Finland), co-founder & member of the steering group Industrial activities and lecturing related to technology based growth, ecosystems and business BACKGROUND: Co-founder and CEO of IT, Media and Software firms ( ) - MULTILIZER, Inc , Co-founder, CEO and Member of the board The market leader in software globalization technology platform solutions for internationally operating enterprises Product awarded as The Best Globalization Technology of the Year in 2001, 2002 and 2003 in USA - HYPERHOUSE Group: , Co-founder, Director of projects HYPERHOUSE was among the top-three new media" offices in Finland producing corporate wide multimedia solutions and internet services to the leading enterprises and organizations in Finland - INNOVIEW Data Technologies , co-founder, CEO and member of the board Development of software based technologies and solutions, e.g. image compression and archiving technology solutions, multimedia development tools, POS systems, online based real estate solutions CONTACT: fi.linkedin.com/in/opmutanen/, olli-pekka.mutanen@aalto.fi

3 Co-teacher: Olli Martikainen CURRENT: Professional and societal activity CEO Pikesta Ltd Member of the Finnish Academy of Technology BACKGROUND: Professor in VTT, Aalto and Oulu Univ Research director at Telecom Finland Research fellow at ETLA Dept. Manager at Nokia Research Center Several positions in SMEs

4 Agenda 1 st of Oct, Motivation: Why this course? 2. Background: Innovation & Entrepreneurship Education at Aalto University; 3. Introduction: Basic information on the course; 4. Theory part 1:Technological Innovations - Theories and industry cases; Olli Martikainen 5. Wrapping up: Q&A;

5 1. MOTIVATION

6 Management WHY? Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. Source: Wikipedia, 2018

7 Management WHY? Management involves identifying the mission, objective, procedures, rules and manipulation of the human capital of an enterprise to contribute to the success of the enterprise. Performance Strategy Strategic Management. Source: Wikipedia, 2018

8 Dynamical change of the Business environment: DIGITAL TRANSFORMATION

9 Digital Transformation What? Digital transformation is the profound transformation of business and organizational activities, processes, competencies and models to fully leverage the changes and opportunities of a mix of digital technologies and their accelerating impact across society in a strategic and prioritized way, with present and future shifts in mind. Source: i-scoop, 2018

10 Digital Transformation (Cont d) In practice, end-to-end customer experience optimization, operational flexibility and innovation are key drivers and goals of digital transformation, along with the development of new revenue sources and informationpowered ecosystems of value, leading to business model transformations and new forms of digital processes. However, before getting there it s key to solve internal challenges as well, among others on the level of legacy systems and disconnects in processes, whereby internal goals are inevitable for the next steps. Source: i-scoop, 2018

11 A digital transformation strategy aims to create the capabilities of fully leveraging the possibilities and opportunities of new technologies and their impact faster, better and in more innovative way in the future. Source: i-scoop,

12 We re talking about MANAGING TECHNOLOGY ORGANIZATIONS IN INCREASINGLY DIGITAL BUSINESS ENVIRONMENT

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14

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16 Comparison: SuperCell vs. Nokia

17 2. BACKGROUND

18 Growth Entrepreneurship Education in Aalto University Aalto Ventures Program & EIT Digital Master Program, I&E Minor

19 Co-creative Entrepreneurship Education For All Aalto Students

20 AVP provides Aalto students with the inspiration, capability and network necessary to build new scalable businesses.

21 AVP Offering for students Inspiration Freshmen orientation Thought Leaders Talks Slush volunteer training Capability Courses AVP Minor Workshops Network Aalto Ecosystem Alumni & Mentors Networking Global Projects Study trips

22 Aalto Entrepreneurial Ecosystem

23 Inspiration Thought Leaders Talks v Kristo Ovaska, co-founder of AaltoES and Smartly.io

24 Capability Workshops v Workshops are organized every two weeks, open to anyone who wants to learn

25 Capability Startup Experience v Startup Experience is a course for teams starting their own startup. The teams work on both developing their customer offering and the company that can deliver the offering and make profit

26 Network Study trips, Urban Challenge v A 10-day-long study trip to New York City and Philadelphia with former US Ambassador Bruce Oreck. One key take away is that Finnish community in the US is there to provide support and networks for students and their business.

27 Network Study trips, Urban Challenge v It is about being out of your comfort zone. Students learn that they are capable of much more than they thought, and that they need to learn to be comfortable with being uncomfortable. AVP provides creative courses to students.

28 This program is the best learning experience available in Aalto. Great group, excellent content & an attitude of doing. Henri Sipilä, Aalto BIZ Aalto Fellows was probably the most educational course of my University studies so far. Heikki Koponen, Aalto SCI Entrepreneurial Leadership was an intense & comprehensive course for anyone who will become a leader Antti Karvanen, Aalto ARTS

29 AVP to become a role model globally Many international universities wish to collaborate with AVP as their role model for the entrepreneurship education

30 avp.aalto.fi Facebook: Aalto Ventures Program

31 #eitdigital16 Innovation and Entrepreneurship (I&E) Education at EIT Digital Master and Doctoral Schools

32 About EIT Digital Pan-European Vibrant Ecosystem of Innovation Hotspots Leading European organisation for innovation and education in ICT Over 130 partner universities, research centres and companies all over Europe Fostering innovative technology and entrepreneurial talent for economic growth and quality of life in Europe. EIT Digital educates a new generation of ICT thought leaders, innovators, and knowledge workers by providing excellent technical programs with deeply embedded innovation and entrepreneurship education. New name EIT Digital as of 1 June, 2015 (formerly EIT ICT Labs)

33 MS I&E Education, 30 ects In 14 Entry universities and 18 Exit (as of end 2016) I&E Study 2 nd year at Exit University Technical Specialisation Industry-based thesis work Thematic Summer Schools with I&E project 1st year at Entry University Technical Common Base Business Development Lab Electives I&E Basics Elective I&E course

34 Innovation & Entrepreneurship Minor (1 st year) CS-E Introduction to Digital Business and Venturing (3 ECTS), Autumn I CS-E5130 Digital Business Management (4 ECTS), Autumn II TU-E Startup Experience (9 ECTS), Spring III-IV CS-E Global Business in the Digital Age (4 ECTS), V ENGAGEMENT TO DIGITAL BUSINESS CS-E5120 DIGITAL BUSINESS MANAGEMENT CS-E5130 ENTREPRENEURSHIP IN REAL TU-E4100 GLOBALIZING W/ TECH FIRMS CS-E440 Period I-II Period I-II Periods III-IV Period V Introduction & motivation to Business & Venturing studies in the digital business environment. A holistic picture of a technology businesses organization and what founders and managers need to consider. Integrated experience into entrepreneurship as an acting member with a real role in a startup team. Go-to market process planning for growthoriented high technology SMEs in various stages of their int n processes.

35 3. COURSE INFORMATION

36 Basic course information, CS-E5130 Period II, 4 ECTS; Language: English; Lectured on Thursdays, at 10:15-12:00 in lecture halls TU1, T1 (C202), and T2 (C105 ); Online modules related to course domain; Exercises: One (1) individual assignments on the course domain, one (1) group assignment on analyzing real business case; Assessment: The course is assessed based on course assignments. Participation in lectures firmly supports completing the course;

37 Welcome enjoy the ride!

38 THANK YOU! SEE YOU AT THE NEXT LECTURE, NOV 8 TH AT 10:15 (HALL T1)

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