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Industrial Service Business and ProductizationsLaajuus (5 cr)

Code: 5091160

Credits

5 op

Objective

Student can:
- Understand the context of service business and productizations

- Define productizations´ needs in different cases

- Describe the life cycle of products

- Develop services to cover different needs in products´ life cycle

- Analyze costs and profits of services

- Define deliverables of services

- Describe performance and productivity differences between different service options

- Make reasoned selections between different offerings

- Make reasoned offers for clients in order to improve their performance and productivity

Content

- Service business processes and industrial context

- Productizations processes and theories

- Products´ life cycles

- Cost and profit analyzes of service business

- Trade-offs and decision making between services

- Selling and sourcing industrial services

Enrollment

19.08.2024 - 12.11.2024

Timing

18.11.2024 - 27.11.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages
  • English
Degree programmes
  • Degree Programme in Industrial Management Engineering
Teachers
  • Monica Tamminen
Groups
  • MTUTAMK23
    Degree Programme in Industrial Management Engineering, Sales
  • ExcLIPAT24
    ExcLIPAT24

Objective

Student can:
- Understand the context of service business and productizations

- Define productizations´ needs in different cases

- Describe the life cycle of products

- Develop services to cover different needs in products´ life cycle

- Analyze costs and profits of services

- Define deliverables of services

- Describe performance and productivity differences between different service options

- Make reasoned selections between different offerings

- Make reasoned offers for clients in order to improve their performance and productivity

Content

- Service business processes and industrial context

- Productizations processes and theories

- Products´ life cycles

- Cost and profit analyzes of service business

- Trade-offs and decision making between services

- Selling and sourcing industrial services

Evaluation scale

H-5

Enrollment

02.12.2023 - 21.01.2024

Timing

01.01.2024 - 27.05.2024

Number of ECTS credits allocated

5 op

Virtual portion

1 op

Mode of delivery

80 % Contact teaching, 20 % Distance learning

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages
  • English
Degree programmes
  • Degree Programme in Industrial Management Engineering
Teachers
  • Marjo Kumpula
  • Monica Tamminen
Groups
  • PTUTAS22PROD
    Product and production management
  • LIPATMODProductDevelopmentManagement

Objective

Student can:
- Understand the context of service business and productizations

- Define productizations´ needs in different cases

- Describe the life cycle of products

- Develop services to cover different needs in products´ life cycle

- Analyze costs and profits of services

- Define deliverables of services

- Describe performance and productivity differences between different service options

- Make reasoned selections between different offerings

- Make reasoned offers for clients in order to improve their performance and productivity

Content

- Service business processes and industrial context

- Productizations processes and theories

- Products´ life cycles

- Cost and profit analyzes of service business

- Trade-offs and decision making between services

- Selling and sourcing industrial services

Materials

Materials in Its Learning and materials retrieved by the student.

Teaching methods

Exploratory Learning/Inquiry Based Learning (IBL), Active Learning.

Exam schedules

No exams, no possibility to improve tasks after deadline.

International connections

CDIO
Peer Learning

Completion alternatives

Does not exist.

Student workload

Individual ja team tasks
Portfolio
Information retrieval

135 h
lectures xxxx
individual inguiries and task xxxx
teamwork xxxx
reading assignment 30 h

Further information

With email to the teacher monica.tamminen@turkuamk.fi

In the title, please, use the course name.

Evaluation scale

H-5

Assessment methods and criteria

Evidence created from the study activities (assignments and a portfolio composed of them), showing the required development of competence.

Individual and group tasks
Individual portfolio of learning
Evidence of learning
Evidence of improved Competences and Skills


Remember that the formation of the grade is especially influenced by the quality of doing and learning. Not just the length or number of outputs.

Assessment criteria, fail (0)

The student has not actively participated in classes and group work. The student has serious deficiencies in knowledge, performance, or results. For example, there is a lack of self-directed information search, or the required literature has not been read or the required tools, methods, and theories have not been utilized in assignments or non-participation in the required presentations or assignments are completely missing or they have been returned late. COPYING of any kind is not allowed and will result in rejection of the course and possibly other sanctions.

Assessment criteria, satisfactory (1-2)

The assignments have been returned on schedule, but they are very narrow and incomplete. Or there are major flaws in the performances.

The student uses key concepts and basic theories when explaining his findings and observations. Student can describe, classify, and list things. The outputs are descriptive, but do not contain students' own reflection or insights. Individual theories or practical observations are not linked to a larger whole.

Assessment criteria, good (3-4)

The tasks have been returned in time, and they are extensive and good, theories have been utilized, and instructed methods and tools have been used. Theory and references have been used correctly. And the presentations of learnings are meritorious.

The student understands entities and uses theory to describe them. Shows the ability to apply some principle related to the subject area and combines things. Uses the material and theory she has acquired in completing tasks.

Assessment criteria, excellent (5)

There are special merits in completing tasks and they are extensive and thorough.

The student sees critical success factors, understands theories, and presents her findings with justification. The student can see development areas and is a critical thinker. Can analyze cause-and-effect relationships and handle things insightfully. High-quality background material has been searched for, found and its use is justified.

Enrollment

03.12.2022 - 20.01.2023

Timing

16.01.2023 - 17.04.2023

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages
  • English
Degree programmes
  • Degree Programme in Industrial Management Engineering
Teachers
  • Monica Tamminen
Groups
  • PTUTAS21B
    PTUTAS21B
  • PTUTAS21A
    PTUTAS21A
  • LIPATMODProductDevelopmentManagement

Objective

Student can:
- Understand the context of service business and productizations

- Define productizations´ needs in different cases

- Describe the life cycle of products

- Develop services to cover different needs in products´ life cycle

- Analyze costs and profits of services

- Define deliverables of services

- Describe performance and productivity differences between different service options

- Make reasoned selections between different offerings

- Make reasoned offers for clients in order to improve their performance and productivity

Content

- Service business processes and industrial context

- Productizations processes and theories

- Products´ life cycles

- Cost and profit analyzes of service business

- Trade-offs and decision making between services

- Selling and sourcing industrial services

Teaching methods

Exploratory Learning/Inquiry Based Learning (IBL), Active Learning. Team-based Learning:
IBL: problem solving – students identify information needs, formulate research questions, search appropriate information, share and discuss information in group meetings, use information and insights to develop/describe an outcome – in this course a solution (product+Services) for a defined customer group.

 
Team-based learning: together – students define information needs, find answers to questions, solve tasks and formulate an outcome. Each student should participate actively in and come well prepared to all the group activities. Sharing is the key. Co-creation should happen in dialoque.
 

information retriaval/new knowledge creation (journals, books, podcasts, webinars, interviews, surveys, observations...)
information processing – mind-mapping
ideation – brainstorming…….
Business Model
Value Proposition, positioning
Blue Ocean Strategy Tools and Framwerk
Other business development tools
Service Design approach
portfolio
Key Learning Notes
dialogue

Exam schedules

No exam, therefore there is no possibility to redo the returned or not returned tasks.

The assessment of this course is not based on a final exam but on separate learning assignments, all assignments (0-5 and pass/fail) must be submitted by the deadline set by the teacher and an accepted study attainment cannot be improved.
Fail/pass assessment is used in some assignments (self assessment and peer-review). 

International connections

Innovation pedagogy

Innovation pedagogy i.e., Innopeda refers to a learning approach which aims at the development of the innovation abilities of individuals and groups.

The aim of Innopeda is to produce information, skills and attitudes which not only provide a sound basis for success in working life and for developing working life, but also for a good life and building a sustainable future.

Innopeda is a strategic approach which we implement in teaching and learning and in the structures and processes which support them.

Completion alternatives

Does not exist.

Student workload

Learning tasks:
Individual task Key Learning Notes - the student shows his/her learning. Contains realizations, ideas, discussions, tasks set by the team, searched information, analysis.... Every time learning happens, a note should be written.
22 hours contact
70 hours Learning-by-doing
42 hours theories, books, articles, videos

Content scheduling

The course starts 16th of January and ends 3rd of April

Further information

With email to the teacher monica.tamminen@turkuamk.fi

Please, use the course name in the titel

Evaluation scale

H-5

Assessment methods and criteria

Learning by doing that the portfolio/Key Learning Notes and Group work demonstrates, workshops.

Assessment primarily on individual portfolio, Key Learning Notes. Group work .

Fail/pass assessment is used in some assignments (self assessment and peer-review). 

Assessment criteria, fail (0)

The student has not been active in group work and has not been present in the lectures. There are fundamental flaws in know-how, activity and deliverables. As an example, the student has not done required information search, has not read required literature or has not used the tools or theories, not participated to presentations, tasks are missing or returned after the deadline. No COPYPASTE is allowed.

Assessment criteria, satisfactory (1-2)

The student is able to use business terms and theories when she/he is explaining his/her findings and observations. Can describe, classify and list. The output describes the phenomena, but does not contain deliberation or insights.

Assessment criteria, good (3-4)

The student understands the big picture and uses theories to describe it. Shows ability to apply some basic principles and is able to make combinations. Uses acquired materials.

Assessment criteria, excellent (5)

The student is able to understand critical success factors of an industry and a company, understands theory and is able to motivate his/her findings. Is able to see areas that needs to be developed and thinks critically. Materials of high quality has been found and used correctly.

Enrollment

01.12.2021 - 17.01.2022

Timing

01.01.2022 - 26.05.2022

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Kupittaa Campus

Teaching languages
  • Finnish
Teachers
  • Monica Tamminen
Groups
  • PTUTAS20A
    PTUTAS20A
  • PMYYNS20
  • PTUTAS20B
    PTUTAS20B
  • LIPATMODProductDevelopmentManagement

Objective

Student can:
- Understand the context of service business and productizations

- Define productizations´ needs in different cases

- Describe the life cycle of products

- Develop services to cover different needs in products´ life cycle

- Analyze costs and profits of services

- Define deliverables of services

- Describe performance and productivity differences between different service options

- Make reasoned selections between different offerings

- Make reasoned offers for clients in order to improve their performance and productivity

Content

- Service business processes and industrial context

- Productizations processes and theories

- Products´ life cycles

- Cost and profit analyzes of service business

- Trade-offs and decision making between services

- Selling and sourcing industrial services

Exam schedules

No exam, therefore there is no possibility to redo the returned or not returned tasks.

Evaluation scale

H-5

Assessment criteria, fail (0)

The student has not been active in group work and has not been present in the lectures. There are fundamental flaws in know-how, activity and deliverables. As an example, the student has not done required information search, has not read required literature or has not used the tools or theories, not participated to presentations, tasks are missing or returned after the deadline. No COPYPASTE is allowed.

Assessment criteria, satisfactory (1-2)

The student is able to use business terms and theories when she/he is explaining his/her findings and observations. Can describe, classify and list. The output describes the phenomena, but does not contain deliberation or insights.

Assessment criteria, good (3-4)

The student understands the big picture and uses theories to describe it. Shows ability to apply some basic principles and is able to make combinations. Uses acquired materials.

Assessment criteria, excellent (5)

The student is able to understand critical success factors of an industry and a company, understands theory and is able to motivate his/her findings. Is able to see areas that needs to be developed and thinks critically. Materials of high quality has been found and used correctly.