Today’s corporate leaders need to up their ante with Intrapreneurship skills. No matter what your title or designation the ability to bring in entrepreneurial skills has become the need of the day. If you look at the competencies needed for going the extra mile it’s all about rising above your job description and finding synergies across teams to drive home the solution and delight the client. The options to the client are in plenty today, and with every second we have more free-spirited freelancers who have the entrepreneurial mindset and great appetite for risk adding to the options…thus hiring and skilling people to be more intrapreneurial within the system has become a priority for leadership development.
Intrapreneurial competence is not starting a new business line or vertical, it’s leveraging and harnessing innovation at the workplace, by practicing simple Lean Six Sigma methods, addressing client need for the upgrade, or even proactively diving into market realities to create add ons to your current service or product. Very often in large organizations projects get shelved due to a lack of intrapreneurial attributes; which turns those ideas into actual innovations. Entrepreneurship ability in a corporate canvas is better known as intrapreneurship or corporate innovation.
Research highlights the benefits of intrapreneurial methods and their practice within the organization for productivity and employee loyalty. This is more true for people who are growth-sensitive and self-starters in creating a pathway to add value to the system.
Take a quick self-assessment to check your INTRAPRENEURIAL Score -(Answer the following with a YES/NO. More the number of Yeses the better Intrapreneur you are!)
- Do you try to learn new things at work?
- Do you ask your boss to coach or mentor you?
- Do you often take on more tasks than your role formally requires?
- Do you like picking up brilliant dormant ideas into action?
- Do you like the selling value proposition of a great idea?
- Do you like working on budgeting for projects and making them happen?
- Do you have a flair for selecting talent and forming a team?
- Do you like identifying why a project could collapse?
- Do you like matching capabilities with opportunities?
- Do you have an appetite for optimal risk?
- Do you like making strategic decisions and working with diverse personality types and also following others as a leader when needed?
- Do you like surveying marketing demands?
- Do you like communicating to explore new ideas and build castles in the air as a dreamer!?
- Do you like influencing others and creating communities for impact?
- Do like grooming talent and scouting for new
How’s your score? Do you think it’s worth cultivating Intrapreneurship as competence with all its traits?
Ultimately, all entrepreneurs and intrapreneurs are in it to improve the world and drive progress, and you can do the same through your everyday work! However, all companies may not have conducive culture or framework for Intrapreneurship. Thus one needs to analyze before implementing the same. If you have a product or service that you want incremental improvement on, rather than disruptive innovation — then you may want to watch out on how you want to encourage or leverage intrapreneurship.
Look forward to knowing more about your experience with Intrapreneurship!!
drsonaliduttabaanerjee 