Brian Richards created Accenture's innovation hub before his clients even knew they needed it. Courtesy of Accenture

Brian Richards knew from his first college internship that, even as an engineer, he wasn't interested in a typical engineering position after college.

"The pace was slow and structures are rigorous — as they have to be," says Richards, managing director at Accenture's Houston office. "So, there's not much room for experimentation and innovation. I could tell that those were things that were going to excite me."

He found a position in Accenture's technology labs in Chicago that focused on spotting tech trends ahead of market demand. In 2011, he transitioned to energy innovation, noticing the potential for innovation in the energy industry, yet a lot of companies weren't focusing on new ways to do business more effectively.

Now, that's all changed, and Richards says he's seen an increased demand from energy companies seeking innovation projects.

Last year, Richards opened the doors to Accenture's innovation hub in Houston. The hub acts as a one-stop shop for Accenture clients looking for a new tool or better process to do something. Once Richards and his team find a solution for the client, Accenture is able to deploy its team of consultants to scale up that innovation to the entire company.

A steward for Houston innovation, Richards is on the board of Houston Exponential, the city-created innovation arm dedicated to making Houston optimized for innovation. With both of his HX and Accenture roles, he sees the same goals and ideas — from the need for resources to the need to execute plans.

"What we're trying to do in the city of Houston and within the innovation Hub are similar," Richards says. "Houston needs the right skillsets and mindsets, and we need the right skillsets and mindsets in our talent. You got to bring these people together, which we're doing in the city with the Innovation District, and what we did in our offices."

InnovationMap: You started developing ideas and processes for the innovation hub when you were still in Chicago, but when did you move to Houston?

Brian Richards: In 2015, I decided to move my family down to Houston to give it a real shot — we obviously wanted to build [the innovation hub] in Houston. I got approval in 2016, and we launched in February of 2017.

IM: Did your colleagues question your move to Houston?

BR: It was an odd path. Very few people in Chicago aspire to move into the energy industry. When I was looking at the potential in moving down for this, many of my friends told me to go to Austin or Silicon Valley and not to go to Houston — that's not where innovation is happening. On one hand, [at the time], they were right, but on the other hand, they definitely [ended up being] wrong. It's the fourth largest city, with energy and health industries booming. It makes all the sense in the world to try innovation in this city.

IM: What was the reception of the hub?

BR: I saw the innovation hub as something people didn't know they needed it until it was built — within both the market and within Accenture. Obviously, it was a big investment — it takes time, people, and space — and we were in the middle of an oil downturn, which isn't really a good time. But when it came to digital innovation, it was the right time and the right opportunity to make that investment. It took a lot of advocating, sponsorships, and ongoing support. When we look at repeat visits from clients who have been here a couple dozen times, that to me speaks to the demand and the experiences.

IM: Who are the innovation hub's clients?

BR: Most all fall within the resources — chemical, utilities, mining, oil and gas — range from all over the world. They come here because they are interested in what the market is doing. To develop your own innovation, you need different types of skills. These companies aren't able to have the teams of experts we have.

IM: What types of projects do you work on?

BR: All sorts of things, but I obviously can't talk about specific projects, but we organize our studio to have different domains. We have the data science team, which is focused on AI and things of that nature. We have an Industry X.0 cyber team, focused on automation and securing that. We have a design and engineering team. And then we focus on our platforms and partners as our last pillar.

Then, we use three core methodologies together: Design thinking, agile software delivery, and lean startup. Design thinking is putting the user at the center of what you're designing. Agile is running tests and workshops to ensure we're creating value. … They all fundamentally sit at the intersection of improving the business operations by bringing design capability and bringing developers to create the novel product. Then using the leverage and power of Accenture to scale that up.

IM: What does the scaling up process look like?

BR: Most of the time, if you're trying to do innovation, you're going to come up with ideas, use a whiteboard, concept, but it's usually going to have a mix of a different type of process or use of data. Any time you're doing something with new processes or something, there's risk inherent to that. Our innovation projects are designed around you not wanting to spend a bunch of money, because you don't know what you don't know until you start building it. So, we're very much focused on building it, and then when it works well at one plant, and they want to deploy it at 50 plants. Now, it's not about innovation, it's about the ability to deliver that across time zones and geography. That's where the rest of Accenture comes into play.

IM: What's next for innovation hub?

BR: The key for us is growth in general — we need to be able to support that demand we have. We are looking at our capabilities, the people and the skillsets we need, the facilities we need — we're looking at all of that.

IM: In the few years you've been here, how has Houston's innovation scene changed?

BR: I think it's pretty impressive. In 2016, was when we first got the innovation round table at the Greater Houston Partnership together. There were very passionate people in Houston for some time, so I don't want to make it sound like they finally came to their senses; that's not the case, people have been working on this for a long period time. But, what changed in 2016, was that it really hit at the institutional level of Houston — the mayor's office, GHP, Rice University. That's what led to the innovation strategy and to the commitment from leaders. We can't be the Energy Capital of the World or have the world's largest medical center and not have a focus on startups, venture capital, and more. We need that to maintain our superiority. Companies in Houston are growing these capabilities and working with different types of startups — if they can't find that here to improve their companies, they are going to go somewhere else. That was the major shift in 2016.

---

Portions of this interview have been edited.

Ad Placement 300x100
Ad Placement 300x600

CultureMap Emails are Awesome

Kinder leads 19 Houstonians on Forbes' World's Billionaires List 2026

World's Richest 2026

According to Forbes, there has “never been a better time to be a billionaire” than in 2026, and the publication's newest World’s Billionaires List has revealed the 19 Houston billionaires that have risen among the wealthiest worldwide.

Kinder Morgan chairman Richard Kinder surpassed hospitality honcho Tilman Fertitta as the richest billionaire in Houston, ranking No. 232 on the global list with an estimated net worth of $13 billion. His net worth has grown by $2.4 billion since last year.

Fertitta, 68, may not be the richest Houstonian anymore, but his wealth is still on the rise. He ranked 268th on the list with an estimated net worth of $11.7 billion, up from $11.3 billion last year.

Out of the 390 billionaire newbies that made their debut onto the list this year, one of them calls Houston home: restaurateur and commodities trader Ignacio Torras. Torras, 61, is the founder and CEO of global commodities trading company Tricon Energy, and he owns Michelin-starred local restaurant BCN Taste & Tradition and its sister eatery MAD. But that's not all he spends his time doing, according to Forbes.

"In 2024 Torras launched a soccer tournament for neurodivergent players called the Genuine Cup," his profile said. "Last year 800 players and 30 teams from around the world played at Rice University stadium."

Torras debuted as No. 2600 on the list with an estimated net worth of $1.5 billion.

Houston-born multi-hyphenate superstar Beyoncé Knowles-Carter also staked a claim among the world's richest people in 2026. She ranked No. 3332 on the list with a net worth of $1 billion, thanks to her "years of music sales, touring and collecting art with her already-billionaire husband Jay-Z (estimated net worth: $2.8 billion)," Forbes said.

"The majority of pop star Beyonce’s net worth comes from her roughly three decades as a solo performer and a member of the girl-group Destiny's Child," her profile said. "She holds the record for the most Grammy wins ever, with 35, and won her first Album of the Year trophy in 2025. She and her billionaire husband Jay-Z purchased a $200 million Malibu mansion in 2023, in what was the most expensive home sale in California history."

Beyoncé also ranks No. 21 in the publication's separate list of The World's Celebrity Billionaires.

Here's how the rest of Houston's billionaires fared on this year's list:

  • Toyota mega-dealer Dan Friedkin: No. 279; $11.4 billion, up from $7.7 billion
  • Pipeline heir Randa Duncan Williams: tied for No. 323 with an estimated net worth of $10.2 billion, up from $9.3 billion in 2025. Fellow pipeline heirs Dannine Avara and Milane Frantz tied for No. 332 globally. Each has an estimated net worth of $10.1 billion, up from $9.2 billion. Scott Duncan ranks No. 353 with a $9.8 billion estimated net worth, up from $9 billion in 2025.
  • Oil tycoon Jeffery Hildebrand: No. 341; $10 billion, up from $7.7 billion
  • Houston Texans owner Janice McNair and family: No. 528; $7.3 billion, up from $6.2 billion
  • Energy exploration chief exec George Bishop of The Woodlands: No. 908; $4.7 billion, down from $5 billion
  • Westlake Corporation co-owners Albert Chao, James Chao and their families: tied for No. 1074; $4 billion, flat from 2025
  • Hedge fund honcho John Arnold: No. 1504; $2.8 billion, down from $2.9 billion
  • Perry Homes executive chair Kathy Britton: No. 1611; $2.6 billion, flat from 2025
  • Houston Astros owner Jim Crane: No. 1676; $2.5 billion, up from $2.4 billion
  • Former Houston Rockets owner Leslie Alexander: No. 1834; $2.3 billion, up from $1.9 billion
  • Mercedes-Benz mega-dealer Joe Agresti: No. 3185; $1.1 billion, flat from 2025
  • Frontier Airlines chairman William Franke: No. 3332; $1 billion, down from $1.2 billion

Elsewhere in Texas

Austin billionaire Elon Musk was declared the world's richest person for the second consecutive year, and Forbes said his “grip on the top spot is as strong as it’s ever been.”

“Musk became the first person to hit $500 billion in wealth, in October,” Forbes said. “Then $600 billion and $700 billion, within four days in December. Then $800 billion, in February.”

The Tesla, SpaceX, and xAI founder’s current net worth has skyrocketed to $839 billion — a shocking $497 billion more than his 2025 net worth.

In Dallas-Fort Worth, Walmart heiress Alice Walton has maintained her elite status as the world’s richest woman for the third year in a row. Walton is the 14th richest person on the planet with a current net worth of $134 billion, an eye-catching $33 billion higher than her 2025 net worth. She is the first American woman worth $100 billion, and one of only 20 “centi-billionaires” worldwide claiming 12-figure fortunes, also known as the "$100 Billion Club."

Koch Inc. stakeholder Elaine Marshall and her family are the richest Dallas residents, ranking No. 71 globally with an estimated net worth of $30.9 billion. Her net worth has grown by $2.6 billion since last year.

---

This article originally appeared on CultureMap.com.

Where founders go to grow: the rise of peer-driven scale support

Inside EO

Entrepreneurship can be exhilarating — but it can also be isolating. Founders often carry the weight of leadership, strategy, hiring decisions, and financial risk without many people who truly understand the pressure. Increasingly, business owners are turning to peer-driven communities for support, insight, and accountability.

One of the most prominent of these communities is the Entrepreneurs’ Organization (EO), a global network of more than 19,000 influential business owners across 86 countries. Built on the belief that entrepreneurs grow best when they learn from one another, EO creates a space where founders can openly share challenges, test ideas, and gain perspective from peers who have faced similar decisions.

A 360-Degree Approach to Growth
Unlike traditional business groups that focus solely on revenue and scale, EO emphasizes holistic development. The organization encourages members to pursue what it calls “360-degree growth” — improving not only their businesses but also their personal lives, leadership skills, and overall well-being.

Through mentorship, peer forums, and curated learning experiences, members gain tools to better balance the demands of entrepreneurship with life outside the office. The goal is not just stronger companies, but stronger leaders.

A Global Network of Entrepreneurs
Connection sits at the center of the EO experience. Members become part of a trusted community of entrepreneurs who exchange ideas, challenge assumptions, and celebrate wins together. These peer relationships often provide clarity that founders can’t easily find inside their own organizations.

EO also opens doors to world-class education opportunities. Members can access proprietary programs and leadership experiences developed in collaboration with leading institutions such as London Business School, Harvard Business School, and The Wharton School. These programs combine academic insight with practical founder experience.

But for many entrepreneurs, the most valuable lessons come directly from fellow members. See how founders feel about the forum experience and the insights they've gained from other participants:

Q: What’s the biggest business change you made because of EO peer advice, and what single metric moved?

A: “My EO Forum encouraged me to slow down long enough to see my blind spots. I stopped running the company purely on instinct and intensity, and I started building real structure, accountability, and leadership around me.” -Jeremy Jenson, Encore Search Partners

A: “Joined and utilized EOS and have quadrupled our business.” —Mark Thiessen, Thiessen Law Firm

Q: What tough moment did EO help you navigate, and what was the outcome?

A: “Changing my business model to focus on one service and one service only — lawn sprinkler system repairs. We have seen greatly improved labor efficiency rates and profit margins.” —Jason Troth, Sprinkler Repair Professionals

A: “My forum helped me navigate and get past a health issue that had derived into a depression.” —Alejandro Cortez, SAI Environmental Services

Q: What’s the best “playbook” you borrowed from another member?

A: “Show up on time. Do what you say. Finish what you start. Say please and thank you.” —Robert Wagnon, W5Ranches

A: “You have to confidently ask for the business. Don’t chase clients at pricing that does not work.” —Pete Patterson, Patterson PC

The Power of Peer Insight
For many founders, the biggest breakthroughs don’t come from books or consultants—they come from conversations with other entrepreneurs who have walked the same path.

Peer-driven organizations like EO are redefining how leaders grow. By combining trusted relationships, shared experience, and access to world-class education, they create an environment where founders can think bigger, lead better, and build businesses that last.

And perhaps most importantly, they remind entrepreneurs that while building a company can feel lonely, they don’t have to do it alone.

Austin company to bring AI-powered school to The Woodlands

AI education

Austin-based Alpha School, which operates AI-powered private schools, is opening its first Houston-area location in The Woodlands.

The 8,000-square-foot school, scheduled to be ready for the 2026-27 academic year, initially will serve students in kindergarten through eighth grade. Alpha says the school will offer “open workshop spaces and innovative classrooms that support personalized instruction, core academics, leadership development, and real-world life skills.”

Alpha sets aside two hours each school day for the AI-driven, self-paced study of core subjects like math, reading and science. The rest of each school day consists of life-skills workshops focusing on topics such as leadership and financial literacy.

Alpha’s school in The Woodlands has begun accepting applications for the 2026-27 school year. Annual tuition costs $40,000.

“The Woodlands is one of the most dynamic, forward-thinking communities in Texas, and Alpha is proud to bring

an innovative educational model that complements its strong academic foundation,” says Rachel Goodlad, head

of expansion for Alpha.

Founded in 2014, Alpha School combines adaptive technology-driven instruction with immersive life-skills workshops. Its model emphasizes mastery-based learning in core subjects alongside development of communication, critical thinking, financial literacy and leadership skills. It operates more than 15 schools across the country.

Elsewhere in Texas, Alpha operates schools in Austin, Brownsville, Fort Worth and Plano. Alpha also operates 12 Texas Sports Academy campuses in Texas, including locations in Houston, Pearland and Richmond, along with a NextGen Academy esports school in Austin, a school for gifted students in Georgetown, and lower-cost Nova Academy campuses in Austin and Bastrop.

Alpha has fans and critics. While supporters tout students’ high achievement rates, detractors complain about the high tuition and the AI-influenced depersonalization of education.

“Students and our country need to be in relationship with other human beings,” Randi Weingarten, president of the American Federation of Teachers, a teachers union, tells The New York Times. “When you have a school that is strictly AI, it is violating that core precept of the human endeavor and of education.”

Alpha co-founder MacKenzie Price, a podcaster and social media influencer, doesn’t share Weingarten’s views.

“Parents and teachers: We need to embrace this change,” Price wrote after President Trump signed an executive order promoting AI in schools.

The Times notes that Alpha doesn’t employ AI as a tutor or a supplement. Rather, the newspaper says, AI is “the school’s primary educational driver to move students through academic content.”