leading an organization through entrepreneurship and innovation

LEADING THROUGH ENTREPRENEURSHIP & INNOVATIONJohn ChowdhuryPresident, Frisco Green EnergyFounder, NKSoft Corporation

University of TulsaEnergy Leadership Forum & SymposiumSheraton, ArlingtonApril 7-9, 2016

STRUCTURE

• It’s a Personal

• How Companies can Benefit?

• 5 Ways to Enable Innovation

• Summary & Q&A

© 2016 NKSoft Corporation - Confidential 1

QUESTIONS?

• IBM had Software, Hardware and Services: Why IBM couldn’t come up with the Google Search Engine?


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


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


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?


LEADING THROUGH ENTREPRENEURSHIP & INNOVATION

Save time, Increase efficiency

Enhance skills – have it accessibleContinues 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


WHAT CHALLENGES DO COMPANIES FOCUS ON?

New to WorldNew to World

Incremental InnovationIncremental Innovation

Operation InnovationOperation Innovation


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


Select and transformideas 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


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

1

2

3

4

5

6

1

2

3

4

5

6

1

2

3

4

56 1

2

3

4

56


BUILD YOUR BUSINESS CASE

• Leadership & Strategy

• Process & Resources

• Culture & Engagement

• Maybe something to do with software

• Partner with someone who can help


ADD A LITTLE IMAGINATION


TAKING YOUR CAREER TO THE NEXT LEVEL

EMERGENT BEHAVIOR

CULTURE

FUNDING

INCENTIVES

PROCESS

TECHNOLOGY


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


QUESTIONS


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


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


leading an organization through entrepreneurship and innovation

Small Business & Entrepreneurship