Is Not Just for Start-ups, It's The Engine of Creation, Innovation & Value Distribution That Should Be at the Core of Every Organisation Big or Small Wanting to Live Long & Prosper Purposefully.
If you want to build a ship, don’t drum up the men to gather wood, divide the work, and give orders. Instead, teach them to yearn for the vast and endless sea. A ship in the harbour might be safe, but that is not what ships are built for.
Intrapreneurship
Unlike entrepreneurs, who are typically building a new venture from the ground up with limited resources. Intrapreneurs operate from within an established business with access to its resources in order to transform the way a company pursues innovations and sustainability, affecting both the organisation and its employees.
Intrapreneurship has the potential to create opportunities but also poses many challenges from both the external environment (changing landscape) and organisation levels.
There are also key enablers at an individual (employee/intrapreneur) and organisational level as well as facilitators like technology and relationships.
The data suggests though that impactful innovations coming directly from intrapreneurship programmes have been low, however, the biggest measurable impact has been through cultural change and it’s through embracing change that innovation will follow.
A recent example of Intrapreneurship within a large corporate is Google X.