Large corporates have always struggled to create businesses ground up. Most of the traditional organizations do not have a zero to one mindset. In today's ever changing landscape, there is a need for companies to constantly re-invent itself. It is important that a structured approach is put in place to create new businesses that are strategically aligned, while these businesses are shielded from the bureaucracy and the red tape of a large organization. This session will address the structure, organization, talent and financial model needed to create an internal incubator to help create a portfolio of new ventures.
Prashanthi identifies ideas that have a potential to generate a 10 X growth, in the sustainability, energy transition, smart buildings and smart home domains. She helps grow ideas into businesses especially around customer development, product development, building go-to-market strategies and bringing in technology and business model innovation. She co-created Clipsal Solar, a platform that sells solar and other energy assets to homeowners, that is first in the series of ventures spun-out of Schneider’s Incubator. She incubated and launched her second venture Dash energy, an energy procurement marketplace for medium businesses. She scouts startups/corporates for partnership and has accelerated many ventures/product development efforts. In her 14 years’ experience at Schneider, she has held Product management, Business development and Strategic marketing roles. More recently, she is leading the Growth operations at Johnson Control (JCI) to create a portfolio of new ventures to define the tomorrow of JCI. She is an Electrical & Electronics engineer with an executive MBA from Wharton. She is an advisor to startups like Dash energy. In her spare time, she sings Indian classical music and enjoys trekking in the woods of sunny California.
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