Ford Partners With Massachusetts Institute of Technology To Create State-of-the-Art Product Development Center
10 September 1997
Ford Partners With Massachusetts Institute of Technology To Create State-of-the-Art Product Development CenterDEARBORN, Mich., Sept. 10 -- Ford Motor Company and the National Science Foundation have created a partnership with the Massachusetts Institute of Technology (MIT) and other companies to establish a new Center for Innovation in Product Development (CIPD). The CIPD is an interdepartmental research program with a mission to advance the theory and practice of product development by combining the best ideas and experience of industry and academia. "While Ford already has an established relationship with MIT, the research has been primarily in manufacturing," said Robert Matulka, Director, Product Development Process Leadership, Ford Motor Company. "The CIPD is unique because this has never been done for Product Development." The CIPD research activities will be conducted through close collaboration among teams of faculty, engineers, managers and students. On-campus students will spend their summers working at Ford and other companies to further their research. "This is an exciting partnership for us because we benefit from the Center's output, which will lead to new methodologies, processes and technologies to improve Product Development," said Matulka. As part of its educational activities, the Center is developing a Product Development track within the MIT System Design and Management (SDM) program, a joint offering of MIT's School of Engineering and Sloan School of Management. Students enrolling in the program will complete sets of both engineering and management courses and will receive a joint degree from the two schools. The program combines traditional on-campus education with distance learning using new technologies such as real-time videoconferencing-based classroom delivery, and web and video-based instruction. The format permits professionals to pursue an advanced degree while remaining on their jobs. Ford, which helped develop the new curriculum, will sponsor ten students this year to start the two-year distance learning Product Development program. "Our goal is to get beyond the academic laboratory and put ideas, processes and products into the hands of companies and customers," said Professor Warren Seering, CIPD Director. "The Center's efforts are aimed at enabling companies to achieve the highest levels of customer satisfaction and product value, while ensuring long-term vitality and profitability." SOURCE Ford Motor Company