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What innovation skills should university education provide? Tord Karlin, Director Technology Development

What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

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Page 1: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

What innovation skills should university education provide?

Tord Karlin, Director Technology Development

Page 2: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

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Broadened assembly equipment offering through acquistions

Mycronic’s Assembly Solutions

• Jet printing & dispensing • Pick-and-place assembly equipment • Component storage systems

• Broad range of dispensing and coating systems

• Camera module assembly equipment

Page 3: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

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Indispensable for the display industry

Mycronic’s Pattern Generator solutions

• FPS series

Display Multi-purpose Value Added Products

• Prexision mask writer & metrology series • Upgrades and modifications

Page 4: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

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Mycronic in short

40 years of experience in

innovation

50 Mycronic is represented

in more than 50 countries

450 patents proves the

power of innovation. 26 patent added 2016.

2,500 customers use

production equipment from Mycronic

98% of consolidated net sales are exports

900 employees in ten

countries

Page 5: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

2016 in short

5

Record-high demand

• Record-high order intake and net sales

Record-high operating profit

• Operating profit increased 28%

• EBIT margin reached 30%

Strategic acquisitions

• Three acquisitions for continued growth

Net sales SEK 2,319 million Order intake SEK 2,455 million EBIT SEK 691 million

Page 6: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

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Our core values guide us

Passion for Business

Passion for People

Passion for Technology

Page 7: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

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Competence is a key factor

Power of innovation

Engineering partner

Mycronic Täby

Royotech

Axxon

Mycronic owned Partner

SW engineering partner AEI

Distributed global R&D

Extensive relations with academia and education Member of several international and national organizations

Diversity in workforce

Page 8: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 8

The power of academia

People with skills

New knowledge

Page 9: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 9

What innovation facilitating skills would I like to see more of?

Innovation and Education

•Teach students about…

•…innovation types and useful tools

•…knowledge visualization

•…modeling

•…set based development

Page 10: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 10

Page 11: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 12

Different types of innovation…

• Incremental innovation • Most of the innovation in an

established company is here

• An existing technology put toward a new purpose to change basis of competition

• A culture of discovery • Well suited to be government

funded since hard for a company to fully appropriate the results from the investment

• Combining deep expertise in closely related fields with just a small portion of knowledge from some unlikely place

Page 12: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 13

…are stimulated by different tool sets

Page 13: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 14

The power of making knowledge accessible for someone else

Knowledge access is greatly facilitated by…

…and by validated models. …visualization such as trade-off curves…

Page 14: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 15

Page 15: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 16

What could possibly go wrong in sustaining innovation?

Early technical decisions save time and resources !!!

Too early technical decisions kill innovation, product time to market

and profitability.

Page 16: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 17

The power of set-based development

Zehra Canan Araci, Ahmed Al-Ashaab and Maksim Maksimovic Manufacturing Department, School of Aerospace Transport and Manufacturing, Cranfield University, UK Electronic Journal of Knowledge Management, Volume 14,I ssue 1 2016

Page 17: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

Mycronic Proprietary and Confidential 18

What innovation facilitating skills would I like to see more of?

Innovation and Education

•Teach students about…

•…innovation types and useful tools

•…knowledge visualization

•…modeling

•…set based development

Summary

Page 18: What innovation skills should university education provide? · What innovation skills should university education provide? Tord Karlin, Director Technology Development . 2 ... Cranfield

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Thank you!