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Keynote | New Jersey Institute of Technology Launch of the MarketShift Initiative

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Defense budgets are heading downward in this fiscal trend carries severe implications for defense supply chains. The Department of Defense has made a significant investment in the New Jersey Institute of Technology's MarketShift initiative.

MarketShift is designed to diversify markets for defense suppliers. The approach is heavily reliant on new agile strategy disciplines, called Strategic Doing.

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Keynote | New Jersey Institute of Technology Launch of the MarketShift Initiative

  1. 1. NJIT Innovation Institute MarketShift Launch ! Ed Morrison October, 2014
  2. 2. Tired of old systems?
  3. 3. So are these people
  4. 4. We have developed something better
  5. 5. We have cracked the code on! collaboration
  6. 6. Why ! Collaborate?
  7. 7. It’s time to move…
  8. 8. Networks move us to new opportunities
  9. 9. Thinking in New Ways
  10. 10. Brainpower Innovation Networks New Narratives Quality, Connected Places Collaboration
  11. 11. 1993
  12. 12. Today Photo by: Luke Barrett
  13. 13. 17© 2008, Brian D. Thompson, UWM Research Foundation 10/6/08 Funds Fluid Transport/ Civil & Ind. Engr. Detection Materials Bioscience Pumps/ Valves/ Components Analysis/ Measuring/ Control Water User Consumer Products Treatment/ Processing/ Softening Utilities Funding Agencies Academic Institutions Private Sector Public Sector Milwaukee 7 Water Cluster DOE EPA NSF USDA DoD NOAA/DOC Interior World Bank Foundations International Partners NIH Greater Milwaukee Foundation UWM Marquette UW-Madison WATER Inst. Chem & Biosci School of Freshwater Science CEAS Physics MSOE Fluid Power Rapid Proto Center M7/GMC MMSD City of Milwaukee DNR UNDP Federal Government Municipalities Water Council Pentair• Filtering & purification GE Badger Meter • Water meters • Meter reading systems Procorp• Water reuse & softening • Phosphate & radium removal AO Smith • Water heaters Kohler • Faucets • Materials, coatings, plating • Casting technology Miller Coors• Intake quality, output quality • Energy consumption AquaSensors Thermo Fisher Scientific Fall Rive Great Lakes Water • Water treatment equipment Advanced Chemical Systems • Ind. wastewater treatment CH2MHILL • Engineering services ITT Sanitarie• Wastewater treatment design Flygt• pumps SiemensJoy Bucyrus Veolia • Water utilities Opportunities Environmental • Algae control (& exploitation) • Removal of PCBs from lakes & rivers • Storm water containment, • Road salt • Ship’s ballast – policy/enforcement • Aquaculture • Lake Michigan contamination • Policy issues – metering/incentives Energy/Efficiency • Ethanol production efficiency • Tar sands water treatment • Elimination of boiler scaling • Increasing brewing efficiency • Increased efficiency of water heating • Speeding treatment for large volumes • Increasing treatment efficiency Processing/Treatment •Municipal wastewater treatment –Storm water treatment –Reduced use of chemicals •Industrial wastewater treatment –Farm manure, food processing waste, metals –Utilizing sewer sludge •Residential Water Treatment –Residential water treatment, home filtration –Residential Water softening without salt •Reverse Osmosis •Softening •Ships ballast - treatment •Treatment targets –PCBs in sewer pieps –Desalinzation –Radium in ground water –Pharmaceuticals –Phosphate Monitoring/Detection • Water security • Real time monitoring • User detection systems • Real time sensing for life forms • Pharmaceuticals • Joe Aldstadt – analytical methods • Peter Geissinger – detection • Alan Schwabacher– pharmaceuticals in water • Carmen Aguilar – microbiology • David Petering –metal metabolism • Val Klump • Rohatgi, Pradeep – adv. castings, lightweight, lead-free • Aita, Carolyn – advanced coatings • Gong, Sarah – polymer materials • Chen, Junhong – nano materials, sensors • Li, Jin – pollutant transport modeling • Bravo, Hector – hydraulic modeling • Christensen, Erik – pollutants in water • Amano, Ryoichi - CFD • Pillia, Krisna – porous media modeling • Kevin Renken- mass transfer • Sobolvev – biproducts utilization • Doug Cherkauer – groundwater hydrology • Jim Waples – water aging • Tom Consi – aquatic robots • Tom Grundle - harbors • Tim Ehlinger – aquatic systems • Burlage – PCR environmental test • Shangping Xu – safe drinking water Partnerships • Sponsored Research Proj. • Shared equipment • Graduates • Workforce training • Subcontractor/supplier • Extramural grant support • Philanthropic support Cluster Effects • Shared resources/equipment • Collaborative grants • Improved competitiveness • Translational science
  14. 14. ! The lessons of Charleston
  15. 15. 7 What happens when this goes away?
  16. 16. Networks produce increasing returns
  17. 17. Behaving in New Ways
  18. 18. Building trust takes doing
  19. 19. Innovating networks take time
  20. 20. Doing in New Ways
  21. 21. Strategic Planning Strategic Doing We need a strategy process built for networks
  22. 22. Strategy answers 2 questions
  23. 23. 4 simple but not easy questions
  24. 24. The 30/30 commitment drives learning
  25. 25. Technology and Innovation Management Training and Tools TechnologyRadar MarketExplorer Strategic Doing Technology and Innovation! Management

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