Teresa Jurgens-Kowal
Teresa Jurgens-Kowal is passionate about innovation. She is a writer, speaker, coach, and trainer. Teresa founded Global NP Solutions in 2009 to help individuals and organizations learn, adopt, transform, and sustain innovation. She enjoys helping people reach their highest levels of success with innovation. Teresa’s consulting clients include a full spectrum of large industry corporations to entrepreneurs seeking to launch new products and to improve innovation system effectiveness. She frequently presents keynotes and breakouts locally and nationally on her favorite topics of innovation, design thinking, and product development.
Teresa is the co-editor of the PDMA Body of Knowledge (2020) and is a certified Project Management Professional (PMP®), Certified Professional Engineering Manager (CPEM), and New Product Development Professional (NPDP). In 2021, she released The Innovation ANSWER Book 2nd edition, a comprehensive guide to building innovation leadership. The companion The Innovation QUESTION Book was published in 2022 and will soon be available in Spanish. Teresa has also published chapters on innovation with the Virtual Team Model (2018), Leveraging Constraints for Innovation and on Quality Management Systems in the Engineering Management Handbook (2022), among other publications.
Prior to founding Global NP Solutions, Teresa worked in process development and as an internal innovation expert at ExxonMobil Chemical Company. She has degrees in Chemical Engineering from the University of Washington (PhD) and University of Idaho (BS), and an MBA from West Texas A&M University. Teresa lives in Southeast Texas and enjoys bicycling and scrapbooking in her leisure time.
GLOBAL NP SOLUTIONS
Building Innovation Leaders
ChEnected contributions
Talking to Your Bo$$: Financial Statements (Income Statements)
Income Statements are often presented in many different formats. Two popular methods are the Traditional Income Statement, which is required by U.S. law for reporting to governments and stockholders, and the Contribution Margin Income Statement, which is used internally to help guide management decisions. Also, you will want to analyze the Income Statement both horizontally and vertically.
Talking to Your Bo$$- Financial Statements (The Balance Sheet)
The cornerstone of a public company’s financial success is the annual report. Wall Street investors, stockholders, executives, and employees are all interested in periodic reports that present a snapshot view of the financial health of the organization, as well as trends of growth or improvement over time. Since these periodic reports tend to drive stock prices up or down, and since your boss’ bonus is based on the value of the company’s stock, he or she is of course interested in how your project will contribute to the bottom line!
Talking to Your Bo$$- Time Value of Money
Talking to Your Bo$$ - The Basics of Economics Engineering [Introduction]
Have you ever noticed that your boss uses a lot of phrases like the following?
* How much will it cost?
* What will our savings be?
* Show me the cost/benefit analysis.
* What is the budget for that project?
Yes, I know that your project has some really awesome technology and that you’ve got armloads of data sliced, diced, and statistically analyzed to the nth degree. You’ve sketched PFDs (Process Flow Diagrams) and created both kinetic AND thermodynamic models. But, there he sits across the desk, daring to ask seemingly trivial MONEY questions!