Your Key Learnings

You will learn

• to explain the basics of behavior and the role of leadership in organizations. 
• to differentiate between different leadership styles. 
• to analyze the behavior of employees and teams in organizations as well as of organizations. 
• to develop starting points for change initiatives. 
• to set clear priorities in your decision-making processes in order to influence your employees.
• to describe group processes and to design them.
• to define the development dynamics of organizations on a structural, processual and cultural level and to influence transformation processes through the methods learned.

In our Base Camp around the topics of "Management & Technology", you will deepen your knowledge in the areas of "Finance, Accounting & Economics", "Managing Technologies" and "Strategy & Marketing". 

Your key learnings in the area of 'Finance, Accounting & Economics'

You will learn 

•  to explain the basic aspects of internal and external corporate accounting, to apply them independently in the practical working environment and to use them for business decisions.
• to solve practical financing and valuation problems by applying basic financial principles.
• todiscuss macroeconomic relationships and current economic policy measures, apply central economic theories and concepts, and analyze the consequences of individual decisions in a market economy context

Your Key Learnings in 'Managing Technologies'

You will learn

• the fundamental aspects of data science and technology management 
• to select appropriate methods for data collection, apply suitable estimation procedures, and to analyze the results of a routine sample survey.
• to describe basic concepts of probability and statistics and apply them to analyze simple data sets.
• toassess the impact of big data on businesses and how the analysis of (big and heterogeneous) data can be used in your working environment
• tounderstand the potential applications of new technologies from a management perspective 
• topresent new technologies and assess what influence they have on yourwork environment and how they can be used in the respective context.
• to present the basics of innovation processes on a company level, identify and apply important tools, models and methods of innovation management and develop innovation strategies.

Your Key Learnings in the area of "Marketing & Strategy 

You will learn 

• to discuss the core topics of marketing and consumer behavior and to apply them in practice to specific situations
• to create specific marketing analyses and strategic marketing plans
• to explain the complexity of global business processes in a dynamic and competitive environment.
• to apply knowledge from various business disciplines, both individually and collectively to solve practical problems.
• to learn how to strategically manage internationally operating companies using performance indicators and financial ratios. 

Lectures on Operations & Supply Chain Management 

• Global Sourcing & Supplier Management
• Fundamental Economic Model (FEM) of Manufacturing & Distribution Enterprises
• Advanced Cost Management Systems
• Effective Materials Management
• Product Data & Engineering Change Management
• Product & Process Quality Management
• Factory Tours & Company Visits
  • SpaceX in Hawthorne
  • King’s Hawaiian Commercial Bakery in Torrance
• Tours to Special Caltech Facilities & Labs
  • Caltech’s Robotics Lab
  • NASA Jet Propulsion Labs (JPL)
  • Caltech’s Einstein Papers Project
  • Caltech’s Center for Artificial Photosynthesis Energy Generation
• Case Study Working Dinners
• After Dinner Guest Lectures
• Caltech Campus and History Tours
• De-Briefing, Field Study Follow-Up & Reflection | Online Sessions 
• Capstone Project

Lectures on Deep Tech:

• Understanding advanced technologies: AI, IoT, robotics, biotechnology, quantum computing, and their impact on businesses and industries.
• Future thinking and forecasting: Developing strategic foresight to inform decision-making and navigate technological advancements under multiple scenarios.
• Building an innovation agenda: Creating a competitive edge at the product, enterprise, and industry levels through innovation strategies.
• Competitive business models and systems thinking: Leveraging platform strategies, multi-sided markets, and systems dynamics to identify new value propositions and their implications.
• Managing innovation and R&D: Leading product development and teams charged with innovation initiatives.
• Organization design and transformation: Adapting technology organizations to the future of work through effective leadership and change management.
• Intellectual property and commercialization: Strategies for technology transfer, protecting innovations, and successfully bringing new technologies to market.

As well as:

• Factory Tours & Company Visits
• Tours to Special Caltech Facilities & Labs
• Case Study Working Dinners
• After Dinner Guest Lectures
• Caltech Campus and History Tours
• Capstone Project

Lectures on System Engineering:

• Systems Thinking
• Systems Engineering Roles
• Systems Engineering Vee and Diamond
• Stakeholder Needs Analysis
• Functional Analysis
• Defining System Requirements
• System Specifications
• System Architecture
• Design and Integration
• Decision Analysis
• Verification and Validation
• Engineering Specialties
• Agile Frameworks
• Systems Engineering Role in Program Management
• Risk Management
• Model-Based Systems Engineering

As well as:

• Factory Tours & Company Visits
• Tours to Special Caltech Facilities & Labs
• Case Study Working Dinners
• After Dinner Guest Lectures
• Caltech Campus and History Tours
• Capstone Project

• International Project Management (IPMA)

In your Master's thesis, you will work independently on a problem in a topic area of your own choice, in terms of content and using scientific methods. In most cases, this is a question with practical relevance to your own working environment.