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Contents

   



(Top)
 


1 Naming  





2 Innovation  





3 Radical Innovation Project  





4 Entrepreneurship  





5 Groundbreaking MBA Curriculum: High Speed Innovation  





6 External links  














Lally School of Management: Difference between revisions







 

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Homepage: http://lallyschool.rpi.edu

Homepage: http://lallyschool.rpi.edu

[[zh: 拉里管理和技术学院]]

[[zh: 拉里管理和技术学院]]


[[Category:Rensselaer Polytechnic Institute]]


Revision as of 00:32, 23 August 2006

The Lally School of Management and Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, the oldest technological university in the United States. The Lally School and all its programs have been AACSB accredited since 1982. Building on RPI’s heritage of more than 175 years of leadership in science and engineering, Rensselaer's Lally School teaches all flavors of innovation and develops business leaders with an entrepreneurial mindset in a technology-rich environment. This empowers the next generation of business leaders with the confidence and management ability to succeed in today’s challenging global marketplace.

Dean: David A. Gautschi, Ph.D.

Associate Dean:

Location: Rensselaer Polytechnic Institute 110 8th Street – Pittsburgh Building Troy, NY 12180 518-276-2812 (Ph) 518-276-2348 (FAX) www.lallyschool.rpi.edu

Programs: Full-time Residential MBA* Executive MBA Ph.D. Program Undergraduate Management Degree Graduate Management Degrees Specialized Corporate Programs Rensselaer at Hartford – Professional Management Degrees

Specialties: New Cross-Functional MBA Curriculum*- Incorporates core business functions (finance, operations, IT and marketing) into five interdisciplinary, team-taught streams of knowledge critical to managing a business in today’s global marketplace. - Launched in 2004 with concentrations in six areas of business.

Top Tier Ranking in Entrepreneurship and Innovation - Severino Center for Technological Entrepreneurship - Radical Innovation Research Project

Naming

The school was named for Kenneth T. and Thelma P. Lally, whose generosity helped make the school what it is today.


Innovation

As part of the Rensselaer ecosystem in innovation – from Discovery in the School of Science and Invention in the School of Engineering to Commercialization – the Lally School of Management and Technology fosters early stage technological innovation and radical innovation in large companies.

Faculty at the Lally School are researchers as well as practitioners, capable of teaching entrepreneurship and innovation, and involving students in real-world projects with startups and large, established companies.


Radical Innovation Project

The mission of the Radical Innovation Research Group is twofold: First, to continue the research that will produce new ideas and insights for improving the practice of managing radical innovation in larger, established companies; and Second, to deliver those ideas and insights to our partners in ways that help them improve their performance.

Radical innovation has the potential to offer either new-to-the-world performance features; a dramatic (5-10X) performance improvement in known features; or a dramatic (30-50%) reduction in cost.

The overarching hypothesis is that management practices for breakthrough innovations must be different from conventional new product development because radical innovations are high risk, high uncertainty undertakings. Conventional management practice is designed for lower uncertainty domains.

Since early 1995, Lally School faculty from diverse backgrounds in finance, marketing, entrepreneurship and operations have been studying management practices associated with radical innovation. Descriptions of research thus far with three cohorts of large companies, publications, and outcomes can be found on the Lally School Website.


Entrepreneurship

The Severino Center for Technological Entrepreneurship in the Lally School fosters the work of seven (7) professors at Lally who teach entrepreneurship and help develop early-stage companies. Its BIOTECH series and participation in BICONNEX events foster collaborations between high growth biotech firms in the area, venture capitalists, and larger companies. In addition the Center funds a Tech Valley Collegiate Business Plan Competition for young entrepreneurs, sponsors annual events, such as Rensselaer’s Entrepreneur of the Year, and helps build the pipeline of underrepresented populations through conferences on Women of Diversity in Entrepreneurship, which brings high caliber role models to the community.

From these efforts, students from the Lally School and Rensselaer’s broader university community can incubate their ventures at the RPI Incubator on campus. As they develop their ventures and grow their companies, they can then move on to Rensselaer’s Technology Park.


Groundbreaking MBA Curriculum: High Speed Innovation

MBA students at Lally work in an innovative, entrepreneurial environment and are exposed to a cross-functional curriculum that integrates all business disciplines across a continuum. They tackle real-world business problems associated with “creating and managing an enterprise,” “developing new, innovative products and services,” and “managing the business implications of emerging technologies” where economics, finance, marketing, operations, people, and information technology must be integrated to achieve goals.

As part of an experiential learning environment, students work on the patent portfolio from Rensselaer’s Office of Commercialization in the Incubator as part of their strategy class. They take on real-world problems and research for local companies; and work with faculty on radical innovation projects for large, established firms.

In the end, students leaving with a Lally MBA are well-equipped to take on the challenges of today’s global economy where high speed innovation is essential to bottom line performance for all types of companies.

External links

Homepage: http://lallyschool.rpi.edu


Retrieved from "https://en.wikipedia.org/w/index.php?title=Lally_School_of_Management&oldid=71281175"

Category: 
Rensselaer Polytechnic Institute
 



This page was last edited on 23 August 2006, at 00:32 (UTC).

This version of the page has been revised. Besides normal editing, the reason for revision may have been that this version contains factual inaccuracies, vandalism, or material not compatible with the Creative Commons Attribution-ShareAlike License.



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