Global Innovation And Technology Executive Joins Ringleader Ventures
Michael Bechtel, former Accenture leader, joins innovation matchmaking firm as managing principal.
Chicago, June 1, 2013—Ringleader Ventures, a new spin-off of Maddock Douglas, the internationally recognized innovation consulting firm, has hired Michael Bechtel as its managing principal and first employee.
Bechtel, 36, has joined Ringleader Ventures to direct the strategy, operations and investment activities of the newly founded investment firm, which creates an unfair advantage for early-stage entrepreneurs by offering them money, a proven methodology and preferred access to a network of Fortune 500 executives willing and able to help them scale.
Prior to his new position at Ringleader Ventures, Bechtel was the chief technology officer at the Ounce of Prevention Fund, global innovation lead for Accenture’s Management Consulting practice, and an R&D executive with Accenture Technology Labs where his innovations for Fortune Global 100 clients resulted in a dozen filed patents.
Says Bechtel, “We’re building Ringleader Ventures around a simple but powerful idea: That an exceptional entrepreneur and an established enterprise, properly paired, can accelerate each other’s success. Most see start-ups and big companies as apples and oranges. We see supply and demand.”
Ringleader Ventures co-founder and Maddock Douglas CEO Mike Maddock says, “Mike Bechtel is one of the most curious and connected people I’ve ever met. Combine this with his ability to match unique technology solutions with significant industry challenges and you get someone ready, willing and able to change the world.”
Bechtel lives in Naperville, Ill., with his wife and three children. He holds a B.A. from the University of Notre Dame where he majored in anthropology and government, and minored in politics, philosophy and economics. Bechtel currently sits on the Notre Dame IT Management Advisory Board and is a guest lecturer at business schools internationally.
Ringleader Ventures, LLC, established in 2012, is an innovation matchmaking firm that creates an unfair advantage for early-stage entrepreneurs by offering them investment capital, a proven methodology and preferred access to a network of Fortune 500 executives willing and able to help them scale.
Maddock Douglas, Inc., established in 1991, is an internationally recognized innovation consulting firm that helps companies design, brand and launch new products, services, experiences and business models while also building a client culture that can continually innovate. Maddock Douglas’ client list includes 25 percent of the top 100 global brands and 10 out of the Fortune 50 companies.
The partners of the company are authors of Brand New: Solving the Innovation Paradox (2011), Free the Idea Monkey…to focus on what matters most! (2012), and Flirting With the Uninterested—Innovating in a “Sold, Not Bought” Category (2013). To learn more, visit maddockdouglas.com.