Lonnie C. Poole Jr. College of Management at North Carolina State University

real innovation

Center for Innovation Management Studies

At CIMS, we believe that there is an art and science of innovation, a process that can be defined, measured, applied and managed, just like any other business discipline.

Successful innovators know how to encourage creative thinking and turn ideas into commercially viable products or services—time and time again.

CIMS represents a one-of-a-kind convergence of academia and industry to study technological innovation and its management, disseminate that knowledge and help companies apply it to achieve bottom-line results.

Paul Mugge

Director of Center of Innovation Management Studies

Why CIMS?

How to innovate can be a difficult and complex problem.

At CIMS, we believe that there is an art and science of innovation, a process that can be defined, measured, applied and managed, just like any other business discipline.

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Supply Chain Resource Consortium

The SCRC is a unique industry/university partnership of NC State supply chain management faculty and students and 15 to 20 national and international companies seeking to achieve supply chain excellence. It brings applied research and new knowledge creation to bear on industry challenges through faculty and student interaction with companies in student projects and faculty research. Our vision for the SCRC is to create a clearinghouse for industry, faculty and student interaction. Since our start in 2000, we have done a lot to make sure our participating companies are integrated into the curriculum, providing an ongoing forum for discussion, knowledge exchange and research between the students and supply chain executives from a number of our partner companies. This integration of company projects into the course work in a blended external/classroom environment has produced graduates of the program which has put NC State on the map for its supply chain concentration.

Our students ‘learn by doing,’ and executives participate in the learning process. This collaborative effort is helping to create a pipeline of talented individuals for companies who need people who know “how to hit the ground running” when they are hired.

Robert Handfield

Director of SCRC, Bank of America Distinguished University Professor

Why SCRC?

Today’s ever-changing global marketplace requires that new supply chain professionals have a solid business education with communications, relationship-building and analytical skills in addition to an overall understanding of supply chain management principles and practices.

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Technology Entrepreneurship Commercialization

Technology Entrepreneurship and Commercialization (TEC) teaches graduate students from business and technical disciplines the innovation and entrepreneurial processes necessary to transform new technology platforms into successful businesses. This team-based approach, using "real", new-to-the-world technologies and a proprietary commercialization methodology, has been used by the college’s TEC team to consult with large and small corporations and as a benchmark for other universities active in this field.

Why TEC?

As businesses seek new sources of revenue, they need managers who understand and can complete this assessment process and help drive technology commercialization.

TEC initiative has been serving this need for over a decade.

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Enterprise Risk Management Initiative

The Enterprise Risk Management Initiative was created to meet the growing expectations for boards and senior executives to manage risks across the enterprise from a top-down, holistic perspective so that stakeholder value is preserved and enhanced.

The ERM Initiative’s mission is to provide thought-leadership about enterprise risk management, with a particular emphasis on the role of ERM in strategic planning and corporate governance. We also deliver ERM executive education to boards of directors, audit committees, and senior management on effective risk management oversight. In 2007, the college launched a series of graduate business courses on ERM to expose the next generation of chief executives to ERM best practices.

The initiative hosts regular ERM Roundtables featuring chief risk officers who provide real-world insights about ERM implementation techniques and tools.

We also deliver ERM executive education to boards of directors, audit committees, and senior management on effective risk management oversight. In 2007, the college launched a series of graduate business courses on ERM to expose the next generation of chief executives to ERM best practices.

Mark Beasley

Deloitte Professor of Enterprise Risk Management, Director of Enterprise Risk Management Initiative

Why ERM?

Today’s corporate leadership teams are looking for new tools and methods that will help them manage risk more effectively across the enterprise so that they remain competitive and grow in value.

The ERM Initiative’s research, academic and professional curricula and outreach activities aim to meet this need.

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Consumer Innovation Consortium

The Consumer Innovation Consortium (CIC) was created to build academic-corporate partnerships that deliver state-of-the-art consumer research to corporate leaders in marketing and design innovation. The CIC also provides partner companies with recruiting access to graduates uniquely trained to combine strategic consumer behavior knowledge with the latest techniques in research methodology. Each fall, NC State graduate students apply to participate in the Consumer Innovation Practicum (CIP) held the following spring. Those accepted to the practicum work in multidisciplinary teams with one of the CIC partner companies, along with a faculty mentor and client partners. Engaging theory and research methodology, they solve real world problems and help to spur innovative, consumer-centric product and service development within the organization. The practicum teams have included students form NC State’s colleges of design, humanities and social sciences, and textiles, in addition to Poole College’s Jenkins MBA students.

“The CIC and our Consumer Innovation Practicum is a remarkable opportunity for MBA candidates and other graduate students, because they get to put their education into action—it’s an opportunity to pull together everything they’ve learned as students,”

Dr. Colbey Reid

Consumer Innovation Consortium Director

Sustainability Initiative

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NC State College of Management Campus Box 8614, Raleigh, NC 27617