www lapinamk fi Lapland UAS Arctic vitality Mission

www. lapinamk. fi

Lapland UAS Arctic vitality! Mission statement We refine expertise and vitality from the strengths and opportunities of a changing operating environment to meet the needs of northern people and organisations. Vision 2020 With our areas of emphasis, we are pioneers in arctic expertise and an internationally recognised educator, developer and partner. Values Trust Open-mindedness Community Profile and areas of emphasis www. lapinamk. fi

Me Esa Jauhola Ph. D, M. Sc. (econ) Principal lecturer Coordinating Master programmes: International Business Management Entrepreneurship and Business Competence Ongoing projects: • Travel and Tourism management • Practice Future • Erasmus Intensive Programme • • • Three children and a wife, live in Kemi

Master of Business Administration International Business Management • 90 ECTS: 1, 5 to 2, 5, years • On-line using Moodle and ILinc • A Master’s degree is a good way to expand professional proficiency of those who already have a Bachelor’s degree and have acquired at least 3 years of working experience. • Application period 2 to 30 April 2014 • Entrance test in Tornio on 3 June • Starts in September 2014 www. lapinamk. fi

Aim of Erasmus IP To enhance entrepreneurial and creativity competences needed in the future working life through transdisciplinary innovations. The students can learn from the companies the realm of business life today and in turn create innovative ideas for the companies. www. lapinamk. fi

Learning Outcomes • Students develop their competences such as team-work, innovativeness, creativity, internationalization, communication, networking, and entrepreneurial and strategic thinking. • Students learn how to develop a model for business for a real-life firm. www. lapinamk. fi

Key Steps Personal Scorecard Ideation Prioritization Development Commercialization • Analysis of competence s prior the work-shop • Team-work • Analysis of the competence developmen t during the project. • Selecting • Getting the ideas started • The with the deliveries case will be the company Prototype assignme s nt • The deliveries are the Mind. Maps • Building the House of Quality • Getting to the market • The final outcome will be a commerci ali-zation plan.

Coffin & Mitchell - Innovation Management Innovation Strategy Ideas (Weakness) Prioritization Implementation (Weakness) Market - Products - Processes - Services People and Organization © Goffin & Mitchell, 2005 10

The Development Funnel Ideas ‘filtered out’ Rejected concepts Projects terminated (‘killed’) Ideas Idea Generation Phase Ideas… Choice of Best Ideas Concepts… - Projects… ‘Recycled ideas’ Ideas from open innovation © Goffin & Mitchell, 2005 Market Implementation 11 New Produc New Service New Proces New Busine Processes

The Pentathlon Framework in Context Market Forces Competitive Forces New Technology The Organizational Context Partnerships Suppliers Sources of Knowledge (universities, technical institutes) Innovation Networks © Goffin & Mitchell, 2005 12 www. lapinamk. fi File: Pentathlon 6. ppt

Business Model Canvas Source: A. Osterwalder, Yves Pigneur, Alan Smith 13

Strategic approach • • SWOT analysis Confrontation mix Mission, vision, values Critical success factors Balanced Scorecard Strategy Map Action plan for next 4 --- years

Process of Innovation IDEA ENTHUSIAM IMPLEMENTATION www. lapinamk. fi

Six Phases of Any Project • • • Enthusiam Dissillusionment Panic Search for the guilty Punishment of the innocent • Praise and honours for the nonparticipants www. lapinamk. fi

www. lapinamk. fi