Business: How It's Done The Entrepreneurship Institute
About TEI Register For TEI Contact TEI News Home
Ask About It Hear About It Read About It Experience It Member Benefits
hear about it


The Presidents' Forum
February 6, 2003

Ann Price
President

Motek, Inc.

Speaker Biography:
Ann Price is a technologist and a visionary who is making waves in the traditionally male world of warehouse automation software. As CEO of Motek, a Beverly Hills, California software company (and the only female chief executive in this industry), Ann is changing the way companies run their warehouses and distribution centers. Ann is also revolutionizing quality of life in the workplace.

Ann S. Price has over fifteen years of experience in the software industry serving as President, Vice President, Director of Sales and Marketing, Project Manager, and Technical Consultant. As an Information Systems Consultant for General Electric Consulting Services Ann managed large IS teams in Fortune 1000 companies. As Vice President of Skilled CompuPeople Ann was responsible for the start up of this international corporation's first U.S. division. As Motek's President/CEO, Ann's primary role is to facilitate growth. Ann is also involved in: overseeing the organization's sales and marketing, developing and maintaining customer relationships and strategic partnerships, and obtaining capital investments.

Ann began her technology career as a General Electric Consulting Services consultant in 1982. Initially her work involved implementing large IBM mainframe systems. Placed in a fast track management program, Ann quickly found herself directing corporate projects, first an inventory project for Southern California Edison, at that time the largest IBM installation on the West Coast, and later a project for Transamerica Financial.

Excited by the advent of the PC, Ann designed, developed and Implemented the first Los Angeles micro-computer curricula for a private university and conducted evening classes as well as in-house seminars for the university's extension program. She subsequently implemented this curriculum in several large corporations including GE, SCE, Transamerica, MCA Universal, Blue Cross, and Hilton. The program was later studied by the Los Angeles School District.

Ann left GE to become an independent consultant. Sensing a market opportunity related to newly developed PC local area networks, PC – mainframe integration, and the corporate downsizing trend, Ann developed a business plan and secured $2 million in venture capital to build a consulting company at age 24. As Ann grew that business she watched her investors reap the rewards. Perceiving new opportunities emerging in specialized vertical market applications, she resolved to build and fund her own company on her own terms.

It was her original inventory exposure that made her aware that only 10% of America's warehouses were automated. Working as a management consultant over the next couple of years, she searched the marketplace for warehouse automation software only to discover that there were no viable solutions. In 1990, Ann created Motek for the sole purpose of capturing that market.

Ann Price is as noted for her management practices as she is for her company's products and services. Recognized by the Wall Street Journal for implementing innovative employee benefit plans, Ann is famous for building work environments that improve quality of life and respect diversity.

Ann's speaking engagements include: California Governor Pete Wilson's Call To Action Conference, Good Morning America (ABC), and The Site (MNBC). Ann was featured in a recently released book entitled Lean & Meaningful - A New Culture for Corporate America (Please see attached). Ann is also a frequent speaker at YEO (Young Entrepreneur Organization) and TEC (The Executive Committee). Her affiliations include: YEO, TEC, NAFE, NAWBO, the Beverly Hills Chamber of Commerce, and Birthing of Giants at MIT (Massachusetts Institute of Technology).

Right Click Here, Select "Save Target As" to download the Podcast

 

The download and use of these audio recordings is made available to the public at no charge. The materials may be copied and shared in their current form, but they may not be edited or altered in any way. Full ownership and all copyrights to the recordings and materials remains with The Entrepreneurship Institute.