How Entrepreneurial Is Your Organization?

If you are a frustrated Intrapreneur or corporate entrepreneur the reason may be that your organization is not entrepreneurial.

Intrapreneurs are either highly engaged or disenchanted.  There is nothing in between. They are engaged if they are working on strategic opportunities to grow the business. They are disenchanted when the organization does not provide room for entrepreneurship.

In the article, The Talent Paradox, the authors say that only one-third of employees are likely to stay in their current job when the economy turns around.  Chances are the best and brightest employees already have one foot out the door.  The same is true for corporate entrepreneurs.

It is natural for corporate entrepreneurs to feel like they don’t fit but it is another thing to realize that the organization doesn’t want to be entrepreneurial or doesn’t know how to become entrepreneurial.

There are three things that need to be in place for corporate entrepreneurship to flourish inside of an organization.  They are simple, yet complex.

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Entrepreneurial Thinking and Action – Missing Links

We know that corporate entrepreneurs (Intrapreneurs) are expected to think and act entrepreneurial but there is more to it than that. What enables them to do both?  That was the question that kept nagging me until the other night while teaching a class in corporate entrepreneurship.

Prior to the class the participants had completed the online Entrepreneur Survey.  The survey is designed to help you see how entrepreneurial you really are.  It looks at what you do and how you do it.

  • What is it about your work that makes it entrepreneurial?
  • What tools and techniques do you use that are entrepreneurial?
  • How entrepreneurial is your thinking, your actions and your decision making?
  • How would you rate yourself on key entrepreneurial competencies and behaviors?

The survey results showed that a majority of the participants were entrepreneurial thinkers but they did not take entrepreneurial action or make decisions like entrepreneurs.  It was this gap tha provided insight into what was missing.

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