Maggie Nichols

CEO & President at Eureka! Ranch
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Contact Information
us****@****om
(386) 825-5501
Location
Cincinnati, Ohio, United States, US

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Credentials

  • Innovation Engineering Black Belt
    Innovation Engineering Institute
    Jan, 2006
    - Oct, 2024

Experience

    • United States
    • Business Consulting and Services
    • 1 - 100 Employee
    • CEO & President
      • Aug 2018 - Present

      Eureka! Ranch was founded more than 35 years ago by Doug Hall with a simple purpose: To develop the world’s most reliable methods for increasing innovation speed and decreasing risk. Today, as President & CEO, I lead a strong cadre of innovators, engineers, educators, and programmers who remain true to the original mission.We do this by helping companies learn and implement the best practices of Innovation Engineering - the scientific system that transforms innovation from a random gamble to a reliable system for profitable growth. The system uses the scientific methods of Dr. W. Edwards Deming to enable workers of all levels in the organization to think and act smarter, faster, and more innovatively to Create, Communicate, and Commercialize meaningfully unique ideas. The result is increased speed (up to 6X) and decreased risk (30 to 80%) with new products, services, customers, markets, processes, and business models.The Innovation Engineering mindset generates quantitative results:1. Companies using the Innovation Engineering system have more than $19 Billion worth of innovations in active development. 2. Innovation Engineering companies are realizing a 250% improvement in the success of ideas that they put into development, saving them significant time, energy, and money.3. Innovation Engineering Black Belt training dramatically increases confidence and capability. Certified Black Belts coach 24 times more projects with a valuation that is 28 times greater.You can learn more about Eureka! Ranch and Innovation Engineering by visiting our our website, which is linked to this profile. Show less

    • Chief Operating Officer
      • 2007 - Aug 2018

      In 2009 Maggie was named Chief Operating Officer - running the day to day operations of the growing innovation firm. She still works directly with clients as she believes in the Deming philosophy that all leaders should remain “close to the work.” Since then she’s personally:• led the strategy & development of InnovationEngineeringLabs.com, a one-of-a-kind online system that gives management a clear view of how innovation is driving their business strategy and gives people and project teams a clear and simple roadmap for creating, communicating and commercializing core and leap innovations.• led the strategy & development of InnovationSupplyChain.com, one of the most successful open innovation collaboration systems - where 1 in 5 innovators got a meaningful connection to license, buy or invest in technology. The site served to connect companies that need and have technologies through open innovation. • pioneered the Innovation Engineering movement, a 26,000+ and growing community of trained innovators across the world.• coached innovation leaders in how to lead innovation inside their organizations, helping define strategy, foster collaboration and support systems that give those closest to the work the confidence and capability to make innovation a reality in everything they do.• shut down existing Eureka! businesses because they were just “fine” instead of “fantastic”• co-hosted a national television program in Canada, Backyard Inventors• worked with companies, governments and universities on strategies for setting innovation policy• supported Innovation Engineering licensees through training and custom consulting• trained 100s of people in innovation skills Show less

    • VP
      • 2005 - 2007

      • Led the review of 100+ innovation methods to identify those that are reproducible and reliable versus those that are clever but inconsistent• Led the development of new innovation systems that maximize the preferred thinking style of both left and right brained people• Secured patent on Ideas to Paper, a method of writing to help advance the clarity and depth of a innovation. It helps individuals transform rough ideas into full concepts.

    • Board Member
      • Sep 2019 - Present
    • United States
    • Plastics Manufacturing
    • 1 - 100 Employee
    • Board Member
      • May 2021 - May 2023
    • Board Member
      • Nov 2017 - Nov 2020
    • Partner
      • 2003 - 2005

      Provided consulting expertise and project leadership for Europe-based companies looking to find, filter and fast track innovative ideas for new products, services, line extensions, flankers and new businesses. Provided consulting expertise and project leadership for Europe-based companies looking to find, filter and fast track innovative ideas for new products, services, line extensions, flankers and new businesses.

    • Netherlands
    • IT Services and IT Consulting
    • Internet Strategy Manager
      • 2002 - 2004

      • Coordinated the marketing messages for consumer customers - including banner ads, emails and print advertising - for new internet products like online bill pay and other services. • Created the internet strategy for compliance with government regulation like the Patriot Act. • Worked with Risk and Operations teams to define and react to emergency and outage events. • Coordinated the marketing messages for consumer customers - including banner ads, emails and print advertising - for new internet products like online bill pay and other services. • Created the internet strategy for compliance with government regulation like the Patriot Act. • Worked with Risk and Operations teams to define and react to emergency and outage events.

    • Apprentice Inventor
      • 1999 - 2002

      • Hands-on learning and application every aspect of the business, from operations and development to marketing and research. • Created brochures, marketing materials and creative exercises • Worked with Fortune 500 clients to create new products and services • Wrote 1,000+ concepts for new ideas and initiatives that were tested, presented to executive leadership and implemented. • Hands-on learning and application every aspect of the business, from operations and development to marketing and research. • Created brochures, marketing materials and creative exercises • Worked with Fortune 500 clients to create new products and services • Wrote 1,000+ concepts for new ideas and initiatives that were tested, presented to executive leadership and implemented.

    • Bahamas
    • Business Consulting and Services
    • 700 & Above Employee
    • Intern
      • Jun 1998 - Sep 1998

      Assisted business leads on systems consulting engagements, primarily related to ISAS and Y2K risk, audits and counter measures. Assisted business leads on systems consulting engagements, primarily related to ISAS and Y2K risk, audits and counter measures.

Education

  • Miami University
    BS, Marketing
    1994 - 1998

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