Thesis (S.M.M.O.T.)--Massachusetts Institute of Technology, Sloan School of Management, Management of Technology Program, 2004. / Includes bibliographical references (leaves 102-106). / In order to survive, the steel industry has undergone traumatic changes in the last years. A thirty years old overcapacity combined with a slow growing market led to a steadily eroding profitability of steel companies, particularly in developed economies. These factors determined an industry profile delineated by a relentless quest for cost cutting and efficient operations. Regarding innovation, the approach of the steel industry has been reactive, basically following market requirements. The industry has historically found itself far from its customers businesses and has struggled to find innovative products and services that could meet an unperceived or unarticulated need so as to propose higher value and grow its market. Two important customers of the steel industry are the oil and gas and the automotive industries, two mature businesses as well. Even when changes in these two steel users have also been relatively slow, the more recent technological trends analyzed in this work suggest an upcoming faster pace of change. This thesis examines these recent technological trends in the oil and gas and automotive industries with regards to the potential impact in the steel industry. Some of the technological gaps that might be encountered in those trends are visited, in particular where substitution of lighter materials for steel is a possible avenue. Other cases where the new technological trend may affect consumption of steel are also analyzed. Following these lines, the thesis goes on analyzing the steel general approach to innovation and R&D and speculates on provocative alternatives to that approach that could put the industry in a better position for the future. / by Marco M. Tivelli. / S.M.M.O.T.
Identifer | oai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/17873 |
Date | January 2004 |
Creators | Tivelli, Marco M. (Marco Mario), 1964- |
Contributors | James M. Utterback., Massachusetts Institute of Technology. Management of Technology Program., Management of Technology Program., Sloan School of Management |
Publisher | Massachusetts Institute of Technology |
Source Sets | M.I.T. Theses and Dissertation |
Language | English |
Detected Language | English |
Type | Thesis |
Format | 106 leaves, 6730192 bytes, 6740817 bytes, application/pdf, application/pdf, application/pdf |
Rights | M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission., http://dspace.mit.edu/handle/1721.1/7582 |
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