intro to innoventor

3600 Rider Trail South A Top 50 Company phone:314.785.0900 St. Louis MO 63045 (USA) www.innoventor.net fax:314.785.0044

Innoventor® Innoventor®

Top 50 Award Recipient

Your Engineering Problem Solver Gold Rating at Boeing

DiversityBusiness.com Winner

SBA Award Winner

Inc 5000 Winner

“Outstanding Small Business” at Lockheed Martin


Innoventor, Inc.

Company History Recent Awards & Recognitions The 4 Cornerstones of Innoventor About Innoventor Path of a Leader Delivery System Projects Reference Books Culture


Company HistoryInnoventor, Inc. was founded in 1996 by Kent Schien, today’s CEO, in the basement of his home.

Founding Principles:•Provide large companies technical solutions•Maintain high retention of customers by great work•Develop intellectual properties that could be licensed or sold•Diverse industrial customer base

Today, located in St. Louis, MO, Innoventor houses a team of over 80 multi-disciplined engineers


Company History Cultural Values:

•Professional environment•Focus on the balance of work and play•Give back to the community


Company History Staff Development:

•Focus on hiring the best•Put systems in place to support•Train to deliver only “A” work•Give Responsibility/Hold Accountable


What Does experience Really Mean?

•Each one of us is the totality of our individual experiences

•My experiences, some intentional by me, others happened to me, allowed for my successes

•Each one of us chooses how we react to our experiences- take positive learning from them or negative – it is a choice

Kent Schien, CEO Innoventor


Innoventor, Inc. Company History Recent Awards & Recognitions The 4 Cornerstones of Innoventor About Innoventor Path of a Leader Delivery System Projects Reference Books Culture


Recent Awards & Recognitions• 2009 “Outstanding Small Business Performance” Company by Lockheed

Martin Corporation• 2007 and 2008 St. Louis Business Journal “Top 50 Fastest Growing Privately-

Held Company”• 2007 and 2008 Inc Magazine Top 5000 award• 2007 Missouri Small Business Person of the Year• 2006, 2007 and 2008 Small Business of the year from Dell sponsored

Diversity.com• Letter of Commendation from Lockheed Martin for work on F-35 Aircraft

Electronic Mate & Assembly Stand• 2006 Region VII Subcontractor of the Year for the U.S. Small Business

Administration• 4 time Top 50 Award Winner for St. Louis Region


The 4 Cornerstones of Innoventor

The Foundation of Innoventor is Built upon 4 Equally Weighted Cornerstones


Thomas Edison• Born 1847 in Milan

• Curious from an early age

• Self-taught through books and experiments

• Patented 1,093 inventions


Menlo Park Laboratory• Menlo Park, New Jersey

• Edison’s most inventive years

• A team of talented workers

• Invention factory and a business


Menlo ParkThe Menlo Park model affirms the pay-off of innovative thinking and invention.


Silicon Valley• San Francisco Bay, California

• Originally silicon chip innovators and manufacturers

• Currently high-tech businesses

• Large number of engineers and venture capitalists


Silicon Valley• Entrepreneurial savvy

• Innovative thinking

• Technical creativity

• Cultural diversity

• Intellectual energy

• Visionary and forward thinking


Silicon ValleyEmployees are treated as professionals, encouraged to be creative, and allowed the flexibility needed to get their jobs done.


The Five Industries• Strength from diversity

• Cross-industry experience

• Cutting edge technology

• Innovative solutions

• Flexibility during market trend shifts


The Five Industries• Aerospace/Defense

• Agriculture

• Medical/Pharmaceutical

• Food/Beverage

• Renewable Energy


The Five IndustriesThe five industries exemplify strength in diversification and provide stability during market trend shifts.


Open Book Management• The Great Game of Business,

by Jack Stack

• Most efficient and profitable

• All employees have a voice

• All employees have a stake in financial outcome


Open Book ManagementEach employee knows that they have an impact on the financial success/outcome of the company.


Innoventor, Inc.

About Innoventor• Name Origins• Vision• Mission• Goals• Values

• Traits• Ethics• Communication• Disc Personality• Environment


The “Root” Meaning of Innoventor•To Invent for Ourselves

•To Innovate for Others


Vision Statement

“To Be the Best Innovative Technical Solution Provider”


Mission Statement

• listening to our customers, • leveraging cross industry experience, • paying close attention to the bottom line,• and delivering more than we promise.

To be the best at SolvingProcess, Design and Manufacturing Challenges by:


Core Competencies

Innoventor’s Core Competency lies @ the

intersection of a customer’s problem and an innovative

technical solution.

“You cannot solve a problem with the same level of thinking that created it.” - Albert Einstein-


Innoventor Goals• To make money and have fun.• To be known as a source for

technical expertise by our customers.

• To be respected by our customers, suppliers and competitors.


• Teamwork

• Technical Competency

• Committed to Excellence

• Dedication

• Integrity

• Culture

• Community Service

Innoventor Values


Innoventor Traits• Positive Attitude and Response

• Constructive Comments

• Initiates Work

• Responsible for Results

• Quality Work on Time

• Initiative and Creativity for Finding Work

• Life Long Learner

• Solid Work Ethic

• Constructive Inputs and Opinions

• Personal Reflection and Self Awareness

• Respect for Others


Innoventor Ethics

3 Great Questions: What is … ? Best for the CustomerBest for the Company Best for the Employee

We can do anything as long as it is not….

Illegal Immoral Unethical


TM TM

Keys to Healthy Growth•Having a plan with measurable goals

•Hiring talent and developing skills

•Having the right processes

•Utilizing Effective Communication

•Timely decision making

•Keeping Score

•Project Status sheets

•The Innoventor Report

•Having Strong Cultural Values

•Professional Work Environment

•Family First

•Flex Time

•Community Service


Utilizing Effective Communication

Strategic Advantage

Strategic Plan

Playbook

Townhall

Innoventor Report

Inside

Lunch n Learn

Round Tables

Staff Mtgs


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How we manage, how we relate, and how we communicate depends on our personalities.


Learning Environment

• University Intern/Extern Program• Shadowing Program• Co-op Program• Young Inventor’s Day

• Employee Development Program• Training Program• Mentor Protégé• Continued Education Program


Path of a Leader(Innoventor View)


The Path Presents Many Obstacles

•Knowing All to Knowing “Enough”•Certainty to Strategic Risk Taking•Black and White Decisions to Grey Positioning

•Process Management to People Leadership•Technical Reporting to Vision Inspiration


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Effectively Utilize Three Great Questions

Effectively Utilize Three Great Questions

Develop & Execute Company Multi-year Plan

Develop & Execute Company Multi-year Plan

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Path of A Leader


C,C,C,P Responsibilities•Oversee The Initiatives

•Oversee Ambassador Plan

•Establish Innoventor Way

•Oversee Team Building Plans

•Set the Course - vision, mission, culture

HOME


C,C,C,P Skills•Visionary

•Develop long-term customer relationships

•Rainmaker

•Leadership

•Motivator

HOME


Sr. Director Responsibilities•Ensure effective business and financial controls

•Long-term strategic planning

•Anticipate Internal & External Customer Needs

HOME


Sr. Director Skills•Effectively deal with ambiguity

•Ability to effectively answer the 3 great questions

HOME


Director Responsibilities• EE advocacy– applies to all EEs,

Dir owns it

• Performance Metrics / Trend analysis

– drive positive trend

• Aggregate Planning– resource, facility, projects, finances,

compliance

• Policy & Procedures• Profit & Loss (P&L)

– from acquisition through execution

• Aggressive growth strategy

– IP protection/leveraging, market share, industry

• Establish good housekeeping rules in shop area

• Champion

– Initiatives

– Ambassador Plan

– Team Building Plans

– Innoventor Way

– Culture

– Playbook

HOME

3600 Rider Trail South A Top 50 Company phone:314.785.0900 St. Louis MO 63045 (USA) www.innoventor.net fax:314.785.0044 HOME

Director Skills

• Strategic focus• Ability to balance ‘in’ and ‘on’ business objectives• Effectively identify issues / alternatives / resolution• Develop long-term employee relationships• Asking and applying the 3 big questions


Sr. Manager Responsibilities•Critique Project Plans

•Plan Manpower

•Work on NB Flow

HOME


Sr. Manager Skills•Effective Delegation

•Business Acumen

•Ability to balance tactical & strategic

•Develop people

HOME


Project Manager Responsibilities•Plan Projects

•ID Critical Paths

•Resolve Issues

•Build Relationship w/ Customer

•Qualified opportunity development


Project Manager Skills• Creative

• Mentor

• Resourceful

• Effective

• Proactive

• Integrity

• Dedicated

• Good Communication

• Highly Organized

• Leadership

• Attention to detail

• Persuasive

• Good Teacher

• Flexibility


Engineer Responsibilities•Execute on Project Aspect

•Engineering Focus

•Collaborate and Learn

•Meet Commitments


Engineer Skills•Technically Competent

•Team Player

•Naturally Curious

•Flexibility


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BODY WEIGHT SUPPORT SYSTEM FOR LOCOMOTOR

TRAINING• Provides state-of-the-art standing and walking rehabilitation for patients with spinal cord or brain injuries, strokes or patients with neurological diseases

• Exclusive, patent-pending software closely emulates the patient’s natural gait accelerating the retraining process

• Generates comprehensive session reports to monitor and control therapy

• Ergonomically friendly design to maximize therapist comfort and safety


Lockheed Martin F-35 JSF Electronic & Mate Assembly System


SpiritStress Design of

Forward Fuselage

BoeingFuselage Integrity Structural Test

787 Partner ProjectsVought

Pneumatic Testing

VoughtGraphic CompositeLaydown Inspection


Renewable Energy• TCC – Thermo chemical conversion of biomass

based waste into crude style oil

• Fuel may be used to run generators

• May be used for on-farm applications or refined to higher grade fuels

• University experiments demonstrate high conversion of volatile solid BTU content into fuel


• Innoventor is the first outside source to build a machine for this first tier automotive industry supplier

• Reverse engineered this system from hundreds of photos and measurements of an existing line in the plant

• The line assembles and checks complete key/lock sets

• Automated line has 12 stations, 6 with Allen Bradley PLCs and a final 100% check GE Fanuc Robot

First Tier Automotive SupplierKey and Lock Line


Building prototypes is very expensive -Creating virtual models is much cheaper!

Software models can be changed more quickly.-Saving time and money!

PROBLEM:

The Soil Lab uses a scale model of a bucket or other earth-moving tool.

Some things, like soil, are too complicated to model in a computer.

Soil Lab R&D Systems

SOLUTION:


Reference Books• Reading and Challenging what you read will help you

in your world• I read

– One book a week– “Who Dun it”– Self help– History– Leadership

-Kent Schien, CEO Innoventor


Open Book Management“Great Game of Business”

By Jack Stack


In the last hundred years…

…What will the next hundred years be like and why


Competition and Success is the Great Equalizer


How to plan a win


Having the right conversation @ the right time @ the right level to understand what must be done


What’s the difference between•Airline safety•Company success•Student achievement


What is emyth?


Choose:•Trust over invulnerability•Conflict over harmony•Clarity over certainty•Accountability over popularity•Results over status


How the world works from and Industrial Engineering perspective


Family FirstPromote Work/Life Balance


Building Personal Relationships with Our Customers and Networks

Fish Fry

Chili Cook Off

Christmas Party

Baseball Games


Management Philosophy …Innoventor is an organization of professionals. All individuals are treated with respect, have total autonomy, responsibility, and accountability for their work.

“The Silicon Valley Philosophy”


Celebrate Together

Birthdays

Christmas

Family Day


Community Service•Easter Seals•United Way: St. Joseph’s Institute for the Deaf St. Louis Food Bank•St. Louis FIRST Robotics•St. Augustine’s Christmas Food Drive•St. Louis Science Center: Engineering Career Day Young Inventor’s Day•YWCA Head Start


How Did I Develop These Values and Beliefs• Work History• My Son• My Wife


A Solutions Engineering HouseInnoventor, Inc.

3600 Rider Trail South St. Louis MO 63045 (USA)

P 314.785.0900F 314.785.0044

www.innoventor.net

intro to innoventor

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