The Impact of Technology

The Impact of Technology

This course is part of Value Creation Through Innovation Specialization

Instructor: Martin Vendel

Access provided by Bertelsmann

18,487 already enrolled

8 modules

Gain insight into a topic and learn the fundamentals.

115 reviews

Intermediate level

Some related experience required

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

94%

Most learners liked this course

8 modules

Gain insight into a topic and learn the fundamentals.

115 reviews

Intermediate level

Some related experience required

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

94%

Most learners liked this course

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

7 assignments¹

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Taught in English

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This course is part of the Value Creation Through Innovation Specialization

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There are 8 modules in this course

In this course, you will learn how to use theories and methods to make predictions of the potential impact of new technology – in general, as well as for a specific application. This will prepare you for the changes that we are facing in society, and also help you take advantage of transformations that are driven by technology.

The Impact of Technology course takes a broad approach, including social and economic factors. You will study historical examples and learn to recognize recurring patterns and cycles. The curriculum includes general innovation theories, foresight methodology, value chain disruption, and strategy. The general process is as follows. First, you to learn how to draw a map of the potential future business landscape. After that, you identify interesting future business roles in emerging value networks. Finally, we find a path from where we are today to a desired end state. You will analyze how an industry or market may change if the technology which is available today is fully implemented in a 10 to 20-year perspective. In addition, you will identify barriers to such a development and make estimates regarding the timing. The course includes a number of assignments to facilitate your learning – some of them compulsory. We all know that the future can’t be fully predicted in detail. However, the methods presented in this course will help you identify potential consequences. In this way, you will get a toolbox for decision-making in the areas of technology, investments, career path, research & development, or portfolio management.

Welcome to the course! We start with a short introduction module where you will get a general introduction, a description of the overall process we will follow, a historical example and an assignment. You will after this module have a good general overview of the course and knowledge about what you will learn and what to expect.

What's included

3 videos1 peer review

Relevant theories will help us in estimating the impact of technology. In this module three key innovation theories are included and by the end a more broad perspective is introduced.

What's included

5 videos1 assignment1 peer review

When estimating the potential impact of a technology, it is essential to understand the technology delta: How much better is the new technology and is this delta significant enough to overcome the barriers to implementation and realise its full potential? We will in this module look at both the technology delta and the barriers to implementation. Supporting this analysis, the Gartner hype cycle, megatrends and industry transformation are given special attention.

What's included

6 videos1 assignment2 peer reviews

6 videos Total 45 minutes

Introduction to tech delta and barriers 6 minutes
The tech delta 8 minutes
The hype cycle 7 minutes
Megatrends 8 minutes
Barriers to change and diffusion 8 minutes
Industry transformation 8 minutes

1 assignment Total 30 minutes

Technology delta and barriers 30 minutes

2 peer reviews Total 120 minutes

Tech delta - comparing two technologies 60 minutes
Analyzing a technology in a megatrend perspective 60 minutes

Foresight in general, and backcasting in particular, is included in this module. After a general overview this module is built around one interactive sequential backcasting case.

What's included

6 videos1 assignment4 peer reviews

6 videos Total 38 minutes

Introduction to foresight 8 minutes
Sequential backcasting 9 minutes
Sequential backcasting - Debrief 1 6 minutes
Sequential backcasting case - Debrief 2 5 minutes
Sequential backcasting case - Debrief 3 7 minutes
Sequential backcasting - The complete picture 4 minutes

1 assignment Total 30 minutes

Foresight 30 minutes

4 peer reviews Total 240 minutes

Sequential backcasting case - part 4 60 minutes
Sequential backcasting case - part 1 60 minutes
Sequential backcasting case - part 2 60 minutes
Sequential backcasting case - part 3 60 minutes

Technologies with a significant impact put existing value networks out of balance. New value networks are emerging around new technologies. This module covers value networks basics and let's you practice how to predict potential new value network roles and structures.

What's included

5 videos1 assignment2 peer reviews

5 videos Total 22 minutes

Introduction to value networks 4 minutes
Value networks - basics 4 minutes
Value network disruption 5 minutes
Relationship technology - need 5 minutes
Value network prediction 3 minutes

1 assignment Total 30 minutes

Value networks 30 minutes

2 peer reviews Total 120 minutes

Illustrating an existing value network 60 minutes
An emerging value network 60 minutes

Roles within value networks are further studied in this module. The role, its relationships and dependencies are analyzed. You will learn how to assess, chose and develop a, for you, interesting value network role.

What's included

5 videos1 assignment4 peer reviews

5 videos Total 25 minutes

Introduction to Business roles and ideas 5 minutes
Strength of a role 5 minutes
Partnerships 7 minutes
Stakeholder analysis 6 minutes
Matching business role and idea 3 minutes

1 assignment Total 30 minutes

Business roles and ideas 30 minutes

4 peer reviews Total 240 minutes

Role assessment 60 minutes
Benchmarking roles 60 minutes
Porter's 5 forces 60 minutes
Stakeholder analysis 60 minutes

It's not enough to identify potential roles, we also need to know how to get from where we are today to a desired position. The impact of a technology depends on how it is implemented. This module gives you some basic insights regarding strategy and what to consider regarding its formulation and implementation.