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David
Dilts leads an animated class discussion on technology management.
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The
new director of the Vanderbilt
Management of Technology (MOT) Program is working to bridge
and integrate the fields of technology and management, drawing from
years of research into how the two areas interact with and augment
each other. Holding a joint appointment with the School of Engineering
and the Owen Graduate School of Management, Professor
David Dilts is shaping the MOT Program to teach students how
to meet the challenges of managing enterprises in technologically
driven environments.
The relationship between technology and
management is not always a harmonious or productive one, Professor
Dilts notes. Technology can simplify and streamline management processes,
but it can also needlessly complicate them. Businesses may find
lucrative opportunities through global electronic markets, but they
may also experience spectacular failures. Technological inventions
may be impressive, but the customers may be overwhelmed rather than
delighted.
"Many times people develop technological
inventions that are highly innovative and useful but aren't successful
because no one has taken into account the critical issues of management,
human resources, government policy and marketing, which our research
shows account for the great majority of the problems."
Professor Dilts says that another reason
technology innovations fail is that no one really thought through
what consumers want or how much they are willing to invest in understanding
how to use the new technology. "People say: 'That technology
is a neat toy, but what does it mean for my bottom line?'"
The challenges of technology in the business
environment extend well beyond simply developing a technology strategy.
Professor Dilts emphasizes that many, if not most, businesses fail
to leverage technology to maximize opportunities and solve problems
caused by increasingly complex technological innovations, shortened
product life cycles, rapid rates of technology transfer and increasing
globalization and digitization of markets.
The MOT program brings an interdepartmental,
interdisciplinary focus to the issues of management of technology.
Designed to help students combine the best of both worlds, the program
helps equip graduates with the abilities to bring high-technology
products to market, to make best use the Internet revolution and
to effectively apply technological solutions to business problems.
Graduates may receive a Master of Science or Master of Engineering
with a major of Management of Technology. An interdisciplinary Ph.D.
in Management of Technology and a joint Masters of Engineering/M.B.A.
are also offered. Undergraduates majoring in Engineering Science
may elect to do a concentration in MOT or a 15-hour minor.
Professor Dilts's own research focuses
on business-to-business electronic commerce, telemedicine, next-generation
manufacturing systems and the integration of internal and external
enterprise information.