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Championing Success: Innovation from an Executive Perspective

Centric

Friday, August 25, 2017 from 8:00 AM to 10:00 AM (EDT)

Championing Success: Innovation from an Executive...

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Ticket Type Sales End Price Fee Quantity
Event Pass (includes breakfast) 1d 22h 10m $25.00 $0.00
Student Pass (includes breakfast) 1d 22h 10m $15.00 $0.00

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Event Details

August Innovation Workshop 

 

8:00a: Doors Open

8:00 - 8:30: Breakfast & Networking

8:30 - 10:00: Presentation & Activities

 

How can organizations, large or small, develop and empower innovation champions? What can you do to survive long-term implementations of new innovative solutions? At this month's Innovation Workshop, SDG International's Dr. Thomas Foust will sit down with Rick Roetken to answer these questions and more. Roetken will share lessons from a long career in corporate leadership. Hear how four different Fortune 500 companies found innovative solutions to four different problems. What almost killed them? What were the results? How can that success be replicated? Leave inspired and equipped to champion innovation in your own organization.

 

Rick RoetkenInnovation demands a deep understanding of the human factor—customers, partner organizations, and ultimately, your own team. Rick Roetken has consistently put in place a more focused, high-performing organization with key players cultivated to top executive positions. Throughout his 27-year career, Roetken consistently transformed companies that were troubled – or simply not living up to their potential – and energized them with a new way of thinking. His ability to analyze problems, drill down to the root causes, and engage across all functions has helped consumer durables brands secure growth by setting market trends, not just keeping up with them.

Rick led Marketing and commercialization efforts for Carrier's $2.5 billion dollar residential appliance business driving a decade of leading innovation and channel expansion. Carrier became the undisputed leader in efficiency and environmentally sound products transforming the HVAC appliance industry. The impact of this work was captured in a Harvard and Darden School of Business case studies. Rick led Delta Faucet Company into a rapid growth period. These efforts took Delta from a distant 3rd place in the industry to a clear leader and number one overall. More than doubling EBIT through innovation, product development, R&D, and channel expansion. Rick developed and implemented a rigorous process for business and innovation planning that led Delta to explosive growth for not only its industry leading Delta Faucet brand, but also the luxury brand, Brizo. Delta's growth trajectory was so strong with growth of over 60%, the company was taken beyond the core faucet business and into bath fixtures as an added element of growth.

As President of Liberty Hardware, Rick used a balance of business efficiency and his business development processes to lead Liberty though a series of rapid growth cycles reaching a rate of nearly 20% year over year, while the market was nearly flat. With a renewed focus on growth and development, Liberty expanded its business rapidly and extended into a new platform of products. With revenues nearly doubled and the business processes driving new efficiencies, Liberty saw EBIT growth of 5x.

As President of KraftMaid and Merillat cabinetry, Rick used these same processes to lead $1b Masco Cabinetry through a turn-around that had besieged the company for the preceding 5 years. Initially emphasizing cost and later the development of strong growth plans in the profitable market segments of the independent dealer and retail channels, this successful turn-around positioned Masco Cabinetry to leverage a new cost basis and commercialization plan to sustainable profitability creating more than a $100m dollar swing in EBIT.

 

Level OfficeIn partnership with IDEAvize, we will be meeting in Central Indiana's newest shared workspace, Level Office Circle Tower. As the fastest-growing owner-operator of shared workspace nationwide, Level Office takes pride in renovating and improving historic buildings with the latest technologies and amenities.


 

 

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Centric 2017 sponsors

Thank you to these sponsors that help make Centric possible. If you are interested in learning more about sponsorship opportunities, please email Jason Williams at jason@centricindy.org.

 

Have questions about Championing Success: Innovation from an Executive Perspective? Contact Centric

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When & Where


Level Office Circle Tower
55 Monument Circle
Indianapolis, IN 46204

Friday, August 25, 2017 from 8:00 AM to 10:00 AM (EDT)


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Organizer

Centric

Centric is an Indianapolis-based network of resources that Connects, Educates and Celebrates innovation-minded thinkers in an effort to improve the success rate of innovation in Indiana.

 

Learn more at CentricIndy.org

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Championing Success: Innovation from an Executive Perspective
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