The most read Intrapreneur articles in 2016 revolved around understanding the importance of Intrapreneurship and the role of intrapreneurs and leaders in achieving success. It is a positive sign that organizations are aggressively looking at the challenges and opportunities of implementing Intrapreneurship and developing their intrapreneurs and intrapreneurial leaders.
The selection of these articles by readers gives us deeper insight into the growing interest in Intrapreneurship and what readers are most interested in understanding.
- 5 Reasons Why Intrapreneurship is Important – the driving factors
- 10 Reasons for Corporate Entrepreneurship: Fad or No Fad! – you decide
- 9 Ways to Foster Entrepreneurial Behavior – changes organizations can make
- 3 Types of Intrapreneurs – the subtle differences between intrapreneurs
- Challenge Facing Intrapreneurs – an organization that supports intrapreneurship
- Intrapreneurship: Past, Now and Future Part 1 – look at the past to see the future
- Innovation versus Corporate Entrepreneurship – setting the context for innovation
- Corporate Entrepreneurship: New Role for Leaders – strategic innovation
- 6 Reasons Intrapreneurship is Gaining Traction – issues driving intrapreneurship
- 10 Reasons Why Intrapreneurs Need a Success Profile – being an entrepreneur at work
Although a lot of blog postings throughout 2016 were focused on Intrapreneurship as a process we have continued to focus on the people side of Intrapreneurship. For it is people that are the catalyst for change and drive innovation inside organizations. Process is important, but process alone is not enough. We believe that process, people, and place (culture) are the three key ingredients for success. You can’t have one without the other two.
It is rewarding to see the growing interest in the soft side of Intrapreneurship – people and place. Last year we found more individuals and organizations pursuing tools and techniques needed to identify, develop and retain their most entrepreneurial talent. These are all signs that organizations are serious about building entrepreneurial competencies and capabilities inside their organizations.
As we start 2017, we see that Intrapreneurship has become a strategic priority for some of the largest organizations. That individuals are seeing that work can be both challenging and rewarding as an intrapreneur. These two factors combined are key to intrapreneurship’s success.
It requires ensuring that the individual and organization are in alignment and committed to thinking and acting more entrepreneurial.
The key for organizations is building the infrastructure to support and sustain intrapreneurship over time. Creating an environment where intrapreneurship can thrive and grow. Identifying, and developing entrepreneurial talent. Training leaders to be more entrepreneurial. Making innovation part of everyone’s responsibility. Changing the way the organization thinks, acts and makes decisions. Establishing new metrics and measurements that are realistic and achievable. Building a balanced portfolio of short and long term investments. Learning from both your successes and failures. Transferring knowledge throughout the organization. Re-defining the role of business in society.
The key for individuals is understanding that we are all entrepreneurs now. That self-awareness is the key to their success. The more intrapreneurs know about themselves the better equipped they will be in this role. You need to develop the competencies and capabilities required to deal effectively with a rapidly changing, complex and uncertain world. You must understand your strengths and areas that need development. Take responsibility for your own growth and development. Raise your hands for the most challenging opportunities and biggest problems. Stretch yourself beyond your own comfort zone. Be accountable for both your successes and failures. Learn to trust your gut and intuition. Re-think how you work.
The growing interest in Intrapreneurship has put pressure on both the individual and organizations to better understand what it takes to build Intrapreneurship as a core competency. It’s a two way street. As highlighted in the list of most read articles in 2016.
The 21st century opportunity for organizations is to transform their business through Intrapreneurship. The individuals who will lead that transformation are Intrapreneurs.
Success will come only if the organization and individual work together to achieve those goals.