It’s time for intrapreneurs

By Friday, November 29, 2019 0 No tags Permalink 6

IF YOU ARE WORKING ON SOMETHING THAT YOU REALLY CARE ABOUT, YOU DON’T HAVE TO BE PUSHED. THE VISION PULLS YOU.

An intrapreneur is a person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation. In simple words, employees who work on innovative projects and solutions within a company are generally known as intrapreneurs.

Intrapreneurship is an ATTITUDE, not a department for categorizing the employees. It is developed if the person is aiming for the betterment and profit of the organization, keeping aside his own targets and profit. Intrapreneurs are built by the organization.

The key difference between entrepreneurs and intrapreneurs is – while entrepreneurs are on their own, intrapreneurs have the company’s resources available at their convenience. Not everyone can be an entrepreneur but everyone can be an intrapreneur. Organizations having intrapreneurs are more likely to achieve the targets or profit more smoothly and rapidly as compared to other organizations. Giving employees space and freedom to make decisions and to come up with suggestions will boost their confidence and they will not be afraid of experimenting with new things.

As an employee, you first need to understand your company because too often, people don’t really understand the overall structures in their organization. When problems occur, they only see the specific events and not the larger structures that cause the behaviors that cause the events. Focus on developing your organization in every aspect you can. Remember your designation is not your limitation; like Sony PlayStation was developed via a culture of intrapreneurship. Even the ‘Like’ button on Facebook was the idea of an employee of the company. You don’t have to be afraid of experiments as failure teaches you the best lesson. Last but not least you need to build informal leadership, step forward and become a problem solver to create an example for your team. All this together will take you ahead as an intrapreneur. Many of the world’s finest innovations had an element of risk attached to them. Calculated risk-taking is essential to commercial success. If this is the attitude of senior management, then expect this spirit to flow down to junior members of staff too. Learning from failure can lead to great success, so ensure the spirit of innovation and experimentation is promoted in your start-up.

The upcoming era is going to be dominated by intrapreneurs. In recent years, those companies are flourishing who have the maximum number of intrapreneurs. Since intrapreneurs are the secret key to success, companies having more number of intrapreneurs will be surviving the competition. That’s why “It’s time for intrapreneurs”.

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