Entrepreneurial AI in the Enterprise: LG Nova's Shilpa Prasad

A former startup employee herself, Shilpa Prasad knows the level of commitment and effort required to begin a new venture. That’s what led her to join LG Nova, electronics manufacturer LG’s innovation incubator, as an entrepreneur in residence. In her role, Shilpa identifies promising startups — particularly those working with AI — and coaches and nurtures entrepreneurs while keeping a close eye on the products that might one day find their way into LG’s ecosystem. On this episode, Shilpa explains how keeping a finger on the pulse of startups helps LG Electronics stay open to innovation and new business opportunities. She also discusses why artificial intelligence is at the forefront of her work with startups, and the promising future she sees for using augmented reality and AI technologies to change how skills training is delivered. Read the episode transcript here. Guest bio: Shilpa Prasad is an experienced leader in the startup ecosystem with a strong passion for entrepreneurship and corporate startup engagement/innovation. She brings over 15 years of global experience in corporate startup strategy and venture-building to her role as entrepreneur in residence at LG Nova, where she is helping the company identify market trends and build partnerships.  Prasad has been instrumental in driving innovation for various open innovation projects across corporations, governments, and accelerators and in establishing new partnerships across the global startup ecosystem. An experienced founder, she has also contributed her time to mentoring and advising startups. Me, Myself, and AI is a collaborative podcast from MIT Sloan Management Review and Boston Consulting Group and is hosted by Sam Ransbotham and Shervin Khodabandeh. Our engineer is David Lishansky, and the coordinating producers are Allison Ryder and Sophie Rüdinger. Stay in touch with us by joining our LinkedIn group, AI for Leaders at mitsmr.com/AIforLeaders or by following Me, Myself, and AI on LinkedIn. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials.