Welcome to the Machine

DTU's Executive MBA – Program Design

MMT

DTU's Executive MBA, the MMT Program, class 20 starts in August 2017, so apply to the Executive MBA, MMT program now to reserve your place.



The MMT Program

The MMT program comprehensively addresses topics that are required for managing a company and a business area. The MMT program gives precedence to innovation and value creation — and the challenges facing an innovative manager — over administration and management skills. This makes MMT unique in the world of Executive MBA Programs.

The MMT  program gives top priority to:

  • innovation
  • strategy and business creation
  • leadership and organizational innovation
  • personal leadership qualities

Other themes like operations management, service management, marketing and internationalization are also included, focusing aspects of innovation, such as in-company efficiency, engineering and the renewing of services and customer relations. The curriculum also includes such standard MBA subjects as Innovation Economics and ERP, as well as instruction in quantitative and qualitative methods.

As part of the internationalization theme, the program includes a study tour to a region heavily affected by globalization processes and of great interest to Danish trade and industry. During this study tour the international consultancy project is carried out for a company in the region concerned. The project might deal with offshoring or outsourcing production or service to a foreign culture, for instance.

The scope of the international consultancy project gives a coherent understanding of the manager’s role in such processes and outfits the participant with the specific methods and tools necessary for handling both the daily routines and the strategic planning of the company’s future.

Main Themes of the MMT Program


Innovation

The innovation theme explores how values and new business are created within a company. It covers the entire process from idea creation right through to a product/service launch in the marketplace. The innovation theme illumniates key areas in new business creation such as the creative process, the generation of new ideas, technology management, adoption patterns, market research, incremental vs. radical innovation, the elements of a business plan, learning plans, risk assessment, practical implementation and a series of organizational considerations and procedures. A number of practical case studies are used in which the participants discuss the various models in through the lense of their own experiences.

New Business Creation

The New Business Creation theme focuses on how value creation is organized in an international business context. It focuses on learning how to evaluate and enhance a company’s competitive potential. This evaluation is based on internal and external parameters and opportunities, with an emphasis on technological criteria. The strategy section focuses on creating business in the company’s various fields of activity. Tools and methods for assessing the need for and the scope and type of new initiatives are evaluated. Learning to distinguish and understand the relative value between doing things better and doing them differently is central to the concept of strategic innovation.

Leadership and Organizational Innovation

This theme delves into the important disciplines of leadership and organizational innovation. Both are esential for managers charged with implementing fundamental changes in a company’s products, services, processes or organizational practices. The participants are given a number of tools for systematically designing and implementing technological and organizational changes. Through the wide array of concepts and methods introduced in this theme participants acquire the ability to maintain a broad perspective and use several possible approaches to achieve the innovation goals of their companies. Through the company related project, participants get the opportunity to apply these concepts and methods in practice on actual problems.

Personal Leadership

Personal leadership qualities are essential for a leader to successfully employ the technical and business tools and to use the company’s human resources optimally. MMT’s affiliated business psychologist discusses topics such as the key issues in defining leadership; developing personal skills in leadership; the leader as change agent; leading and participating in teams. When working in project teams there will be coaching on individual and team challenges. During the 2nd semester participants will be organized in smaller ‘Development Groups’. Each group work with its own business psychologist who facilitates an intensive feedback process. The feedback will be processed into an Individual Action Plan (IAP) and there will be follow-up team coaching based on the IAP and your own personal leadership development. A personal (confidential) report about your own personal leadership development will be assessed with written feedback in 4th semester.

MMT Program Curriculum

Generelle studieordning for DTU masteruddannelser (Danish only).



MMT Program Description

Participants in DTU’s Executive MBA – MMT program, acquire comprehensive theoretical, methodological and practical knowledge of the challenges of leadership, especially in regard to value creation, in both the private and public sectors.

The MMT program focuses primarily on disseminating research based knowledge on:

  • leadership of innovation processes and the ability to apply this knowledge in real-world situations
  • business development processes and understanding of related business professional disciplines
  • personal development and value creation leadership abilities

MMT Courses

1st Semester

Strategy 
The course is built on three pillars: strategic positioning, capabilities, and change. Starting from the analysis of the firm’s external competitive environment, we assess the “structural” attractiveness of its industry and consider how a firm’s position in that industry affects its performance. Then shifting focus internally to an analysis of the firm’s resources and capabilities, we explore how competitive advantage is built and sustained. Finally, we turn to organizational change to explore what happens when a company’s environment changes and, in particular, how the organization’s behavioral context both facilitates and constrains our ability to put strategy into action.

Marketing 
The marketing module aims to give participants an understanding of the crucial role of marketing in a successful company. The module provides insight into the most commonly used methods and tools for implementing a company’s overall marketing effort. The module includes market segmentation, positioning the company’s products and services in a consumer awareness, a review of marketing tools and the preparation of a marketing plan.

Philosophy of Business 
The aim of the course is to provide the participants with systematic guidance for the scientific and analytical conducting of consultancy projects. The participants will be taught methods for handling large, complex problems and, in groups, the participants will be given tools and exercises to make their group-work more productive. We will discuss the difficulties in recognizing and defining real business problems and challenges; the importance of stakeholder analysis, selection and application; the combinatory use of theories, frameworks and tools (TFTs); and key characteristics of research strategies and techniques for data collection and analysis.

Innovation Leadership 
The Innovation Leadership course is taught at UC Berkeley’s Center for Entrepreneurship & Technology by local faculty and industry representatives from Silicon Valley. The module explores key management and leadership concepts at the executive level that are relevant to innovation in public and private organizations. The concepts taught in the intensive module during the one-week stay in Berkeley are meant to convey judgment and inspire new thought processes about innovation.

During the course, the participants undertake rigorous case study analysis of actual business situations. Topics for the course include opportunity recognition, strategies for effective R&D, disruption, product management, two-sided markets, attracting stakeholders, and business model innovation.

Innovation Management
This module aims to impart an understanding of innovation as a central task of corporate management. Building on innovation theory models and concepts together with examples from corporate practice, the participant will be introduced to various innovation management tasks. It is the objective of this module:

  • to develop an understanding of innovation tasks,
  • to equip the participant to design and manage the innovation process within a company, and
  • to enable the participant to launch and develop new business building activities.

The course covers innovation strategy, open innovation issues, design and implementation of the innovation process, and commercialization of innovation. Specific attention is paid to the management of new business creation. A number of cases are included in the module to illustrate innovation process elements and managerial challenges facing large and medium-sized companies.


2nd Semester

Strategic Problem Solving
This module aims to present methods for dealing with strategic problems and effectively articulating and communicating complex decisions. Strategic problems are usually complex issues, with complex resolutions. It will rarely be possible to determine how to resolve a situation on the basis of only one source, and a solution will more than likely have considerable consequences for those involved. Taking a structured approach to this type of challenge is especially important when the situation involves great uncertainty and the solution impacts various groups.

Consultancy Project 
The Consultancy Project is completed by a group of MMT participants who shall act as a consultancy team with direct report to the company’s top-management, or alternatively to the upper management of a division or line. The Consultancy Project shall be of a strategic character with a focus on the development of new business opportunities, processes, or activities.

The project must be agreed upon between a manager representing the company and the group. The manager will also serve as the reference person within the company, insuring that the project is integrated into the company’s project portfolio. The purpose of involving top-management is to obtain a business focus on the project and to ensure that the conclusion and

Financial Analytics & Management
This module aims to enable the participants to understand and react to the company’s economic processes with particular emphasis on innovation. The participants will learn basic concepts of accounting and financial analysis, financial management, reporting, investment calculations, business models, cash flow and budgeting risk analyses and management. These tools are followed-up by means of balancing a scorecard and using more recent instruments, such as real options. As an assignment a specific business case will be prepared using practical tools.

Organizational Development & Change
This module aims to improve the participant’s ability to analyze an organization in terms of structural and process-related factors. In doing so, the participant will improve their ability to diagnose the prerequisites for implementing changes as well as the obstacles to be faced. The module helps to develop a basic knowledge of how an organization works. The module examines comprehensive strategic and structural issues and operational and procedural factors. The participant should ultimately be capable of leading major and minor change initiatives, including the capability to serve as an actual agent of change.


3rd Semester

International Business & Management 
The internationalization and globalization of trade and industry within the last decades has radically changed the ways companies do business. The course offers an outline of the various theories of internationalization and a series of cases that describe concrete internationalization experiences. We will analyze broad global trends and globalization strategies but our focus will be on operational issues – issues like how to manage an international expansion project, how to run an operation (a factory or a service center) abroad, how to transfer technology and, more generally, knowledge among international production and service centers – in short, how to design and manage a global network of operations.

International Consultancy Project 
The internationalization and globalization of trade and industry within the last decades has radically changed the ways companies do business. The course offers an outline of the various theories of internationalization and a series of cases that describe concrete internationalization experiences. We will analyze broad global trends and globalization strategies but our focus will be on operational issues – issues like how to manage an international expansion project, how to run an operation (a factory or a service center) abroad, how to transfer technology and, more generally, knowledge among international production and service centers – in short, how to design and manage a global network of operations.
As part of the course an international study tour to an innovation hotspot (China, India, Southeast Asia, San Francisco Bay Area) will highlight the serious leadership challenges presented by globalization.

Service & Operations Management
This module aims to illustrate the importance of operations and process management. In the module, operations will not be regarded as a function, but as the recurring, everyday processes permeating all departments within an organization. The module focuses on the topics of operations strategy, process management, service management and lean management, and in each instance how to improve the present situation and support the company’s ability to maintain competitiveness to the greatest extent.

Management of Technology 
The module is designed to help participants acquire relevant skills to lead an organization at the various stages of the company life cycle: from conceiving a technology-based business idea, to strategies for rapid growth, to addressing the challenges of managing a mature company. The objective of the course is to explore the issues around technology together with how it is managed and transferred within an international business environment. Central concepts of technology and its management will be discussed with a focus on the international business perspective and the associated benefits and risks of technology transfer.


4th Semester

Communication Management
In a corporate world where the struggle to present your point of view among many others is constantly becoming tougher, skillful communication is essential in everything you do. This course offers an operational understanding of corporate and personal communication, and will improve your ability to influence others through practical hands-on exercises. Profound changes in how content is generated and circulated are transforming the media landscape. The course examines this new reality and introduces the participant to the areas of media handling, crisis planning, issues management and trans-media storytelling.

Elective: Sustainability Management
Sustainability challenges affect all parts of society all over the planet. Sustainability is easy to grasp as a goal but complex to deal with in concrete decision making. Business, government and civil society have to collaborate and form multi-stakeholder partnerships in order to address them – while applying a holistic perspective. This implies an increasing need for managers, public officials and employees who can address sustainability matters on an informed basis when leading or being part of multi-disciplinary teams. The course is seeking to fill this gap by providing participants with frameworks and tools that can help them create value, build business opportunity and adjust corporate strategy to address sustainability challenges. The course will be held by DTU faculty. The format is short lectures followed by group work and reflection rounds in plenum. Participants are encouraged to share experience and practice from their own organisations.

Elective: Big Data Business Dynamics
Technological development issues are at the core in setting the direction of corporate strategic agendas within all industrial sectors today. In the midst of a massive transition, technology and data analytics are dominating the strategy of every organization. Private companies and public institutions alike are challenged by the fact that more and more data is being produced and become instantly accessible. Simultaneously, digitalization and the spread of intelligent systems, units and products connected to the Internet adds to the big data business competitiveness challenge. On that backdrop, the primary objective is to qualify the participants to play an active role in creating data- and analytics-based business value, as well as to achieve a basic insight into applied big data technology dynamics.

Elective: Innovation Systems in Developing Countries
Doing business in a developing country context is contingent upon a good understanding of the specific business environment in said developing country, where informal networks, family relations, and clientelistic relationships are as important as rules and regulations and where technological innovation is strongly dependent on international linkages, through global value chains, through transnational companies and through donor interventions. This course will introduce the culture based challenges in doing business in a developing country and approaches to investigate and understand innovation in a developed and developing country context. Against this background the course will discuss the specific challenges and opportunities of transfer of technologies, local innovation and adaptation of technologies in a developing country context. In this regard the participant will be introduced to the literature on global value chains, technology innovation systems, clusters of innovation, innovation for bottom of the pyramid, etc. The theoretical approaches introduced in the course will be illustrated by examples of innovation and technology development in developing countries based on the teacher’s own interventions and research in Africa, China and South East Asia.

Master Project 
The Master Project is the main activity on the fourth semester. It pursues the following objectives: To demonstrate capability in conducting analyses covering several business disciplines as well as the ability to integrate such disciplines into a coherent form and to demonstrate an ability to reach and present well grounded proposals that should lead to implementable solutions.

The Master Project will concern an important or urgent strategic business problem that involves specific functions or processes within the organization. Consequently, the Master Project will treat a central business problem of a strategic nature in a thorough and well-argued, cross-disciplinary and action-oriented way.

The Master Project should demonstrate the author’s breadth of view regarding the ability to arrive at well grounded proposals for management actions concerning cross-disciplinary and cross-organizational business problems.

Master Project examples:

  • Risk management in drug development (Medical)
  • The R&D process – getting more for less (Electronics)
  • E-business for an international cargo airline (Transport)
  • Outsourcing of telecom production – risk evaluation (Telecoms Sector)
  • Improving the Innovation Process in a High-Tech company (Mechatronics)
  • Changed external conditions – New Business Model (Material)
  • IT-infrastructure as a source of value creation – not as a cost (Technical Consultancy)
  • Culture evaluation in Merger and Acquisition (Technical Consultancy)
  • Business Development based on Open Innovation (Medica/Electronics)
  • Strategy development using Scenario Planning (IT Consultancy)
  • User-driven innovation at a Design Company (Internal Decorations)

Cross-semester Courses

Techno-Trends (TT)
Techno-trends sessions include visits to various institutes at DTU, where participants are given insight into the mega-trends in a certain technology area (e.g.nanotechnology, biotechnology, materials technology or Information and Communications Technology). Mega-trends are the challenges and opportunities that will affect the society as a whole within the next 10-15 years. The participants meet the front running scientists/researchers and have an opportunity to determine their project’s commercial innovation potential. Network creation between the MMT participants and DTU scientific staff is an important goal of the TT sessions. The sessions are an integrated part of the course Management of Technology.

Personal Leadership
The aim of this module is to teach participants the relevant methods for identifying, analyzing and developing their own leadership style and leadership skills and to present behavioral tools and techniques for conflict management, presentation and negotiation. Participants develop a Personal Plan of Action as the basis for an ongoing coaching, under the guidance of DTU Business’ team of business psychologists.

Modularizing the MMT Program

This section describes the MMT Program modules and how they can be combined to qualify you for a degree. Below is some information to keep in mind if you choose to take the MMT program as a modular study.

  1. DTU's eMBA program, Master in Management of Technology – MMT, is built up of four modules, each lasting one semester. Together these modules add up to 60 ECTS.
  2. The MMT program modules give you the flexibility to design your education to fit in with your busy schedule. Each module can be taken seperately as a 15 ECTS course. Upon completion of a module a certificate documenting your successful completion and results will be issued.
  3. The only time requirement for receiving your MMT degree is that you need to sucessfully complete all four modules no later than four years after you start. This insures that the content of your studies is both academically and professionally relevant.

Module A: Leading Innovation and Strategic Growth

The Leading Innovation and Strategic Growth module is aimed at managers with an engineering, technical or natural sciences background looking to broaden their competencies in innovation leadership and business development. This module is composed of courses in startegy, marketing and innovation. There is a project associated with each course, which will be based upon the relevant theories, concepts and methods necessary for examining problems associated with your company's business. You will also be introduced to theories on leadership and management.

Module B: Leading Organizational Change and Performance

The Leading Organizational Change and Performance module is comprised of the courses Leadership and Organizational Innovation, Innovation Economics and Technology Managemnet & IPR. Additionally there is a personal leadership semínar where participants develop a personal leadership development plan. During this module ther will be a consultancy project analyzing an innovation challenge at one of the participants companies, with the goal of finding workable solutions to the problem in question.

Module C: Managing Global Innovation

The Managing Global Innovation module is made up of the courses Service & Operations Management and Internationalization. Beside the courses there is a consultancy project for an international corporation located geographically in an area of intense globalization activity. These corporations are usually located in Southeast asia or Silicon Valley. This module is offered only in the fall semester.

Module D: Master's Project

The culmination of the MMT program is a Master's project worth 15 ECTS. The Master's project is a thorough analysis of a strategic innovation problem, oftentimes based on a problem from the participant's company. The analysis should demeonstrate cross-disciplinary knowledge and recommend workable solutions, which can be implemented by the company's leadership.

Successful completion of modules B and C is required to start your Master's project.


Peter Arbs
Questions?
Please contact
Program Director
Peter Arbs
parbs@business.dtu.dk
(+45) 2029 2510

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MMT Quick Facts

  • Prerequisites: Minimum 3 years work experience plus a bachelor's degree – academic exemptions are given in cases with sufficient work or management experience.

  • Workload: 1800 hours

  • Duration: 21 months

  • Class size: there are a limited number of places available.

  • Price: 350.000 DKK

  • Average age: MMT particpants average age is 41 years.

  • Travel: The program includes 2 international study tours.

  • Results: 90% of MMT participants are promoted within their companies after completion of the program.
http://www.business.dtu.dk/executive-mba/program-design
28 MARTS 2017