Michael J. Redding of Accenture Ventures Named to Global Corporate Venturing Powerlist 2019
June 13 2019 - 7:59AM
Business Wire
Redding positioned #9 on list of top 100 global
corporate venture leaders
Accenture (NYSE: ACN) today announced that Michael J. Redding,
managing director of Accenture Ventures, has been named to the
Global Corporate Venturing (GCV) Powerlist 2019. Redding ranks #9
on the list of the top 100 corporate venturing leaders worldwide,
in recognition of his strategy and leadership capabilities.
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The annual GCV Powerlist assessed more than 2,200 corporate
venturing units worldwide based on an evaluation of thought
leadership, vision, and demonstrated motivational abilities, as
well as its portfolio of acquisitions, investments and business
partnerships.
Launched in 2015, Accenture Ventures acts as a bridge to the
global innovation ecosystem by bringing Accenture’s clients
together with best-in-class, enterprise-relevant startups to unlock
their growth potential and accelerate digital transformation. A
vital part of the Accenture Innovation Architecture, Accenture
Ventures also makes targeted equity investments in emerging
technology startups, matching their capabilities with the business
needs and priorities of Accenture’s clients.
“Each year we look for those in global corporate venturing who
don’t just lead within their organizations, but also exemplify the
best that the industry has to offer: talent, diversity of approach
and a strong, impactful track record,” said James Mawson, founder
of Global Corporate Venturing. “Mike Redding’s elite position in
Powerlist top 10 is a reflection of his industry leadership and
Accenture Ventures’ success.”
Paul Daugherty, chief technology & innovation officer at
Accenture added, “Accenture Ventures and its global network have
unlocked exciting new growth opportunities for our clients by
bringing them together with leading startups to co-develop
innovative new solutions. GCV’s recognition of Mike and his
Accenture Ventures team underscores the significant impact they’re
having on the success of our clients and Accenture’s culture of
innovation.”
The GCV Powerlist highlights Redding’s leadership in expanding
Accenture Ventures’ impact by combining what was then its existing
investment team, including GCV 2019 Rising Star Pramila Mullan,
with its broader open innovation initiative. The open innovation
program had been previously established to act as a “bridge-maker”
between startups, accelerators, and VCs with innovation programs at
Accenture’s enterprise clients. Combining the two created a
superior corporate strategic capability that Redding describes as a
systematic program of “local heroes, global champions.”
Under Redding’s leadership, Accenture Ventures has grown to
encompass teams and representatives in 39 countries. Recently,
Accenture Ventures established a team in China and made its first
local investment in Malong Technologies, an artificial intelligence
startup headquartered in Shenzhen.
For more information about Accenture Ventures, please visit
www.accenture.com/ventures.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions — underpinned by the world’s largest
delivery network — Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With 477,000 people
serving clients in more than 120 countries, Accenture drives
innovation to improve the way the world works and lives. Visit us
at www.accenture.com.
Copyright © 2019 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
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Christina McDonaldAccenture+1 415 537
7997christina.mcdonald@accenture.com
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