LUT Industrial Engineering and Management Presentation

1. Presentation
LUT School of Industrial Engineering and Management
Vesa Harmaakorpi, Dean

3. Global threat of sustainable value creation
− ”Triple debt”
1. Ecological: Natural resources are 1,5 times over-utilized.
2. Economic: Europe, countries and municipalities are living on credit. We
are eating from the plates of our children.
3. Social: People feel bad under growing pressure.
Weakened competitiveness of companies, public sector and
society.
Preventing the triple debt is offers business opportunities.

4. Areas and challenges of sustainable value creation
− Development of innovation systems
− Innovation systems cannot respond to the challenges of open innovation
− Insufficient dialogue between science and practice leads to unnecessary use of
limited resources
− Exploitation of innovation potential is weak
− Development of management and processes
− Productivity is taken from people not processes
− Knowledge in organizations is poorly utilized.
− Benefits of networks are not used
− Development of ICT
− ICT is seen only from a technical point of view, not as part of business processes
− ICT is not applied in novel ways
− Openness is just on the way, closed systems prevent open innovation

5. Our response: Productivity innovations
“Productivity is not everything but in
the long run it is almost everything”
(Krugman 1994)
“Production and use of
knowledge is at the core of
value-added activities, and
innovation is at the core of
growth” (Archibugi and Michie
1995)
“Europe suffers of productivity
gap preventing sustainable
growth“ (EU)
“80% of growth is explained by
increased productivity; 80% of
the increased productivity is
explained by innovation”
(Cooke, 2005)
Development of
Innovation Systems
Development of
Management and
Processes
Development of
ICT
PRODUCTIVITY
INNOVATIONS

6. Productivity Innovations in Sustainable Value
Creation
Public SectorBusiness

7. Research at the School of Industrial Engineering
and Management
“The aim of the research is to produce state-of-the-art scientific research
by combining practice and theory and applying them effectively”
Faculty research is based
on three areas of expertise:

8. School of Industrial Engineering and Management
- figures
− Number of students:
− Industrial Management: 839
− Information Technology: 358
− Number of postgraduate students:
− Industrial Management: 75
− Information Technology: 13
− Number of staff members: 130
− Number of professors: 17
Graduates (year 2012)
IEM IT
Bachelor of Science 78 18
Master of Science 125 42
Doctor of Science 7 2