Profiilikuva
Ida Söderholm
Koulutuspäällikkö
Executive Education
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Energy Business
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Transforming Energy Business, Energy Policy and Renewable Energy Management
This module aims to present to participants the concepts of value chain mapping, systemic innovation, disruption, and how to increase the chances of success of a sustainable transformative innovation. It is intended to appeal to those interested in energy transition and the management of technology-oriented firms, creating technology-driven startups, or service providers and consultancy business with such companies.
Participants will have an overview of the entire innovation and strategy process, what makes an innovation disruptive, and a set of analysis techniques to better inform strategic innovation and to create more successful products and services. The course will provide practical skills to undertake an industry analysis, identify markets and customer segments, and using a simple set of tools, create more successful innovations. While the dominating perspective on the course is the performance of a firm, the societal aspect and impacts for sustainability form an important part of the module.
This module aims to present to participants the concepts of value chain mapping, systemic innovation, disruption, and how to increase the chances of success of a sustainable transformative innovation. It is intended to appeal to those interested in energy transition and the management of technology-oriented firms, creating technology-driven startups, or service providers and consultancy business with such companies.
Participants will have an overview of the entire innovation and strategy process, what makes an innovation disruptive, and a set of analysis techniques to better inform strategic innovation and to create more successful products and services. The course will provide practical skills to undertake an industry analysis, identify markets and customer segments, and using a simple set of tools, create more successful innovations. While the dominating perspective on the course is the performance of a firm, the societal aspect and impacts for sustainability form an important part of the module.
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We will dive deep into the innovation process, how ideas become successful and change the world, the factors that favor and inhibit success, and strategies to evaluate an innovation's potential as well as strategies to improve the chances of innovation successful. We will dissect the engine of disruption, share a simple set of tools to identify and map opportunities for gains at any scale. We will share insights on how to better understand an industry or market segment's status quo by gathering quantitative data, which will be used to envision products and services — that will become the foundation of competitive advantage and of solving the world's complex problems. We will review existing strategic models as well as focusing on value chain mapping, structural financial analysis, and a new set of tools to help create disruptive strategies, or defend against them. The course will explore digitization and how it is used to create substitutes that transform enterprises, industries, economies, and societies. We will also review the seven major technologies that will shape the balance of the 21st Century
Participants will learn to:
1. Develop an awareness of the range, scope, and complexity of sustainable transformative innovation, what makes an innovation sustainable, transformative and how they can be purposefully designed.
2. Understand how to perform an industry, market and customer-segment analysis to uncover opportunities for transforming a market through innovation.
3. Understand how to create a graphical representation of an industry and how to identify surpluses, rents and tolls in order to craft an innovation strategy.
4. Understand the innovation process, its deliverables, failure modes, costs and methodologies to reduce risk throughout the process.
6. How to frame innovation strategies, market selection, product and service definition and how new sustainable innovations take over and surpass the status quo (and rearrange entire industries).
7. Develop a better appreciation for how consumers and enterprises make adoption and spending decisions, the importance of substitutes and how to evaluate multiple innovation options to develop an optimal transformation strategy.
8. Through a own project pick an industry to transform and go through the entire process of industry research, ideation, sustainable innovation definition, making strategic choices and preparing an innovation-problem thesis and an investment thesis and finally a self-ranking of the opportunity and barriers to success.
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Module scientific director: Raine Hermans, Dean, School of Technology and Innovations
Banner Title
Module scientific director: Raine Hermans, Dean, School of Technology and Innovations
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Module content
In the trainings, one theme covers one, two or half training days. One part is usually two days. The rights to changes are reserved.
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- PART I
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1.10 Introduction to the module. Global Issues in Energy Transition
Adj.prof. Raine Hermans, Innovation and transformation designProfessor-of-practice Seth Miller, Energy Transition – technology landscapes, enabling technologies
- Grasp the concept of innovation and a value chain and the structure of a value chain map
- Gain experience using the mapping tool and understand the structure of industry value chain maps
- Using research and other tools be able to find and identify technology trends early
- Review two sample industry value chain maps and related technology landscapes: one for the Zero-emission Data Centers and one for the North American Oil & Gas Industry
- Create a solid foundation for the industry analysis and discovery process
2.10 Renewable Energy Business Opportunities
Professor Rodrigo Rabetino, Strategic Management- Sustainable business model innovation in the electricity market – Prof. Rodrigo Rabetino
- PART II
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29.10 Energy Market Cases
Juha Koskela, assistant professor, University of Vaasa
- Using regulatory mapping in scaling the business
- Reflecting opportunities and restrictions of flexibility markets.
- Benchmarking Future Energy Market Scenarios and development of renewable energy
30.10 Energy Policy
Professor Nikos Hatziargyriou (EU-Energy Strategies)
Associate Professor Sinan Kufeoglu (International harmonization of Energy regulation)
- Familiarize European Commission vision for the energy transition in the European Technology & Innovation Platforms (ETIPs) framework.
- Understand the role of the ETIP Smart Networks for Energy Transition (SNET) to guide Research, Development & Innovation (R&I) to support Europe’s energy transition.
- Position your business in the vision of ETIP-SNET value network.
- Linking technology development, market opportunities and geographic differences in energy regulations.
- Using regulatory mapping in scaling the business, Identifying bottle necks and harmonizing energy regulations
- PART III
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16.11 Alternative future energy systems
Dr. Henrik Sievers, Systemic innovation in transformation design
Dr. Katja Sirviö, Ecosystem-based services
- Overview on a concept of systemic innovation in energy transition
- See how to speed up technology development using digital twins and virtual scenarios
- Linking your strategic alignment with European platforms and initiatives
- Participate a deployment and commercialization of ecosystem-based services
- Presentation and panel discussions with company representatives
17.-18.11. Study trip to Umeå, Sweden
- Workshop on the Aurora Botnia and Two-Day Visit to Umeå, Including Company Visits
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