Acceleration: Changing the Speed of Growth
Acceleration is a key ingredient to developing new innovations and achieving a competitive advantage. The rapid pace of change makes acceleration a critical part of everything we do.
Like a runner, it is not enough to be running fast, we must be running faster over time. The same is true with organizations – they need to be moving faster in a world that is increasingly more complex and uncertain.
In order for organizations to increase the speed in which they respond to change and achieve business growth they must develop Intrapreneurship as a core competency – in their people and their organization. Ask yourself…..
- Does your organization need to accelerate growth?
- Which individuals can help you generate new growth?
- What are the capabilities your organization needs to grow?
The focus of Acceleration is on exploring the key competencies your organization needs to succeed.
A shortage of entrepreneurial leaders at the top of organizations and the inability of many organizations to respond effectively to a rapidly changing world is making Intrapreneurship a critical priority for all organizations. More than sixty percent of the top 100 most innovative companies are instituting intrapreneurship.
Those organizations that have developed intrapreneurship as a core competency have been able to achieve higher levels of engagement, innovation, growth andprofitability.
The key is developing the intrapreneurial leadership and infrastructure for growth.
Acceleration: Changing the Speed of Growth provides a roadmap for understanding what it takes to develop corporate entrepreneurship (intrapreneurship) as a core competency inside of existing organizations to accelerate new business growth.
Acceleration – Changing the Speed of Growth Part 1: Activation is about intrapreneurs and leaders that possess a core set of action oriented competencies that enable them to successfully build new ventures inside of established organizations.
The skills and capabilities that propelled most executives to the top of organizations in the past are not the skills required to build new businesses. Intrapreneurs and intrapreneurial leaders require a new set of competencies that distinguish them from traditional leaders. They are a distinct group of individuals.
It is not one or two competencies that distinguish them. It is the depth and breadth of those competencies that set them apart. In Part I: Activation we look at the top six competencies and why they are important.
There are several goals for this book:
- Enable you to understand if you have what it takes to be an entrepreneur
- Assist you in identifying and developing entrepreneurs
- Provide you with ways to eliminate barriers and obstacles
- Help you create an environment where entrepreneurship can thrive.
Acceleration: Changing the Speed of Growth provides an insider’s view of corporate entrepreneurship/intrapreneurship and what it takes to accelerate growth in a rapidly changing world.
Acceleration is a must read! If you ever wanted to develop a culture of Intrapreneurship, pick up this e-book. Organizations need to build a culture where entrepreneurship thrives and every employee can leverage their ideas. Susan Foley does an excellent job of describing the traits of corporate entrepreneurs by drawing on cases from Bill Gates, to Thomas Edison and even Leonardo da Vinci.
Video by Kevin J. Wright
Intrapreneur vs Entrepreneur
The book Acceleration was originally designed to be published in three parts – Activation, Renovation and Transformation.
Since the publication of this book we have continued to focus our efforts on Activation the individuals who are motivated, engaged and inspired to drive innovation in their respective organizations.
We’ve worked with thousands of Intrapreneurs and have a deeper and richer appreciation for who they are, what they do, and how they do it. They are the real engines of growth.
As a result we have decided not to publish Part II: Renovation or Part III: Transformation at this time. Instead we will begin writing a new book based on our continued research with Intrapreneurs, Social Intrapreneurs and Entrepreneurial Leaders from around the world.
These individuals are the ones driving change and transforming business in the 21st century.