RSM US announces first 'Innovation Fund' recipients

Four staff-generated initiatives will receive funding from Top 10 firm RSM US's inaugural CEO Innovation Fund.

The four initiatives, which range from apps to tech solutions, were chosen to help the firm better serve its clients and to foster a future environment for staff members.

“We established the RSM CEO Innovation Fund in December 2018 to encourage our people to think creatively, and to help transform their ideas into solutions that benefit our clients, our firm and our communities,” stated RSM US managing partner and CEO Joe Adams. “We believe that everyone at RSM has a role to play in driving innovation, and this program provides the opportunity for our people to bring their unique concepts to life.”

The CEO Innovation Fund is open to all of RSM’s approximately 10,000 professionals across the U.S. and Canada. Each successful applicant is eligible to receive up to $500,000 in funding for the development of their ideas.

This year's CEO Innovation Fund recipients include Megan Hostick, a senior associate in Dallas; Christi Mack, a partner in Minneapolis; Dean Sengstock, a partner in Minneapolis; David McLaughlin, a director in Madison, Wisconsin; and Marco Carvalho, a manager in New York.

This year's winning ideas include an app built to streamline and automate inventory observations, as well as a blockchain solution dubbed "CLEARthru" that provides suppliers and consumers with food supply chain transparency.

“The individuals and groups who received funding during this initial round of CEO Innovation Fund grants are just a few examples of the many creative ideas we received,” said RSM US chief strategy and innovation officer Jeff Johannesen in a statement. “We’re excited to get these initiatives underway and are continuing to evaluate other ideas and encourage more employees to participate in our submission process. Innovation is part of our DNA at RSM, and the CEO Innovation Fund is one way we’re continuing to build on that heritage while supporting the creativity of all of our talented people.”

RSM US LLP

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