Workshop Contents
Exponential Technologies, Business Disruptions and Entrepreneurial Opportunities
Exponential Technologies, Business Disruptions and Entrepreneurial Opportunities for Engineers (Elective 1)
Code
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Subject
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Teaching Scheme (Weekly Load in Hrs)
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Examination Scheme (Marks)
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Lect.
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Tut.
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Pract.
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Theory
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TW
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PR
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OR
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Total
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In Sem
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End Sem
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Entrepreneurial Opportunities
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30
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20
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40
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40
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100
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Pre-Requisites: Economics, Engineering Design
Course Objectives:
- To understand the process of growth of exponential technologies and the resultant disruptive scenarios in business, social, government sectors of the economy.
- To understand the leading edge of few technologies and few business scenarios where disruptions are expected.
- To understand where the entrepreneurial opportunities are emerging and how new engineers will be able to exploit these opportunities.
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Course Outcomes
- Students will have a better understanding of technology trends, resulting in entrepreneurial opportunities and how new startups will evolve.
Course Contents
Unit 1
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Introduction
The process of emerging new technologies with exponential growth potential, how these exponential technologies lead to business disruptions, opportunities created for new businesses, the destruction caused of established players, the evolution of new businesses, Unicorns.
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4 hrs
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Unit 2
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Emerging Exponential Technologies
Analyze technology trends worldwide and identify the potential emerging exponential technologies like, Social, Mobile, Analytics, Computing (SMAC), Genetics, AI, 3D, Solar/Wind/Renewable, blockchain.
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6 hrs
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Unit 3
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Emerging Business Disruptions
Analyze business trends worldwide and identify potential business disruptions in multiple sectors like, Healthcare, Transportation, Weapons, Governance, Education, Space, Energy, Finance and Education.
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4 hrs
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Unit 4
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Emerging Business Models
New Technology enablers for improved efficiencies in business, evolving new business models like Outsourcing, eCommerce, B2B, B2C, C2C, shared economy, Freemium, Open Source, Multisided Platform, Long Tail,
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4 hrs
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Unit 5
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Identify Problems and Build Solutions
Identify use cases and jobs to be done, customer pains and gains, solution development, prototype, problem-solution fit, product–market fit, customer development and validation.
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8 hrs
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Unit 6
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Lean Start-Up and Exponential Organizations
Lean startup methodology, Characteristics of Exponential Organizations, Unicorn Pitch competition.
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4 hrs
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Reference Books:
Conversations with the Future
by Nikola Danaylov
Innovator’s Dilemma
by Clayton Christenson ( http://hbx.hbs.edu/hbx-courses/disruptive-strategy.html)
Disruption: Emerging Technologies and the Future of Work
by Ray Kurzweil
Exponential Organizations: Why new organizations are ten times better, faster, and cheaper than yours (and what to do about it)
Exponential Organizations: Why new organizations are ten times better, faster, and cheaper than yours (and what to do about it)
by Salim Ismail, Michael S. Malone, Yuri van Geest (Paperback)
Abundance: The Future Is Better Than You Think
Abundance: The Future Is Better Than You Think
by Peter H. Diamandis, Steven Kotler (Paperback)
by George S. Day and Paul J. H. Schoemaker
Notes and Online Resources:
Majority of exponential technologies and disruptive business scenarios that are discussed in the course are not covered in any existing textbooks. Therefore, the practicing industry experts will provide notes and extensive online resources, which will be used as course material.
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