Final Johns Tulsa University Leading through Entrepreneurship & Innovation
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Transcript of Final Johns Tulsa University Leading through Entrepreneurship & Innovation
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LEADING THROUGH ENTREPRENEURSHIP & INNOVATIONJohn ChowdhuryPresident, Frisco Green EnergyFounder, NKSoft Corporation
University of TulsaEnergy Leadership Forum & SymposiumSheraton, ArlingtonApril 7-9, 2016
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STRUCTURE
• It’s a Personal
• How Companies can Benefit?
• 5 Ways to Enable Innovation
• Summary & Q&A
© 2016 NKSoft Corporation - Confidential 1
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QUESTIONS?
• IBM had Software, Hardware and Services: Why IBM couldn’t come up with the Google Search Engine?
© 2016 NKSoft Corporation - Confidential 2
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MY STORY
• @Fujitsu: Started a $500M FTTx Business for Fujitsu• @IBM: Started Smart Grid Business (over $1B Revenue
today)• @IBM: Part of Start-Up team for RFID Business• @IBM: Part of Start-Up team for Wireless Business• @Ernst & Young: Started Energy CRM Consulting Business
© 2016 NKSoft Corporation - Confidential 3
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INNOVATION BEGINS WITH YOU
“Innovation is not dependent on sponsorship from the highest level, but on you as you are motivated to increase your value, your company’s value and you know your customers and their specific needs.”
John Chowdhury
© 2016 NKSoft Corporation - Confidential 5
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IT’S ABOUT YOU
Do you posses the following characteristics?• Are you a Passionate Explorers in pursuit of endless
possibilities?• Can you takes that Leap of Faith and follow it through all
the way to the end?• Are you comfortable in Leading, Following or Getting out
of the way?• Do you sleep well when you accomplish something
everyday?
© 2016 NKSoft Corporation - Confidential 5
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LEADING THROUGH ENTREPRENEURSHIP & INNOVATION
Save time, Increase efficiency
Enhance skills – have it accessible
Continues learning
Demonstrate skills and expertise
Increase job satisfaction scoresImprove leadership interaction and visibility
Increase interaction between internal & external stakeholders
Enable organizational changeImprove capture of tacit knowledge
Speed up relationships as the organization changes
Speed up innovationExchange ideas across the business
Stimulate collective scoping of ideas and reduce re-work
Reduce time spent in meetings
Support information sharing to reduce email volumes
It’s a Personal
© 2016 NKSoft Corporation - Confidential 6
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WHAT CHALLENGES DO COMPANIES FOCUS ON?
New to World
Incremental Innovation
Operation Innovation
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5 WAYS TO ENABLE INNOVATION
1. Trust Yourself Enough to Trust Others2. Collaborate and Discover3. Communicate to Learn 4. Be a Courageous Change Agent 5. Course Correct to Perfect
Glenn Llopis, April 7, 2014
© 2016 NKSoft Corporation - Confidential 8
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Select and transform ideas into products, services
and processes by balancing creativity with
process discipline.
Engage communities to proactively collaborate,
and improve and refine ideas through incentives
and competition.
PROCESS OVERVIEWMobilize the wisdom of the team to generate innovative ideas for your organization.
SYSTEMS
CUSTOMERS
EMPLOYEES
PARTNERS
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Bottom Up Project Management
Top Down Portfolio Management
DRIVE RESULTS
SELECTSelect and transform ideas into new processes, products and services
CREATE PLAN MANAGE
IdeaManagement
Portfolio Reporting
Capacity Planning
Portfolio Optimization
Portfolio Prioritization
Business Case Definition
Team Collaboration
Project Scheduling
Resource Management
Project Reporting
Issues and Risk Management
Time Management
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BUILD YOUR BUSINESS CASE
• Leadership & Strategy
• Process & Resources
• Culture & Engagement
• Maybe something to do with software
• Partner with someone who can help
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ADD A LITTLE IMAGINATION
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TAKING YOUR CAREER TO THE NEXT LEVEL
EMERGENT BEHAVIOR
CULTURE
FUNDING
INCENTIVES
PROCESS
TECHNOLOGY
© 2016 NKSoft Corporation - Confidential 13
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SUMMARY• Innovate or Die
• Innovation Management is becoming a key competency for industry leading companies and emerging competitors
• Tapping into the wisdom of the team is leading to significant ROI and the discovery of New to World ideas
• Build your business case and engage with experts to help guide you
© 2016 NKSoft Corporation - Confidential 14
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QUESTIONS
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NKSOFT• NKSoft is a provider of collective idea management software,
connecting employees, customers and business partners for innovation and insight discovery.
• Open Source Platform
• Integration with Social Media Platforms – Facebook, LinkedIn & Twitter
• The Fastest Growing Open Source Collaboration Management Company in the world - 100%+ YOY Growth
• Actively used by F500 companies
• A Company Supported by Leading Technology Companies
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CONTACT DETAILSJohn Chowdhury
CEO, Frisco Green EnergyManaging Director, NKSoft |((214) 213-6226 | * [email protected]
Advisory Board, Tulsa University, Masters of Energy Program www.utulsa.eduMember of the Board, Utilities Telecom Council, Network of the Future, www.utc.orgMember of the Advisory Board, National Rural Electric Cooperatives Assoc, www.nreca.orgFounder, www.SmarterUtiltiy.com Speaker, Author and Recognized expert in Utility of the Future Transformation
© 2016 NKSoft Corporation - Confidential 17