intrapreneurship

• What is Intrapreneurship


  involves people within a business creating or discovering new business opportunities, which leads to the creation of new parts of the business or even new businesses. Someone within a business that takes risks in an effort to solve a given problem.
• Potential Business Benefits of Intrapreneurship

  help drive innovation within businesses

  seek to provide solutions to problems – for example low productivity, excess waste, poor quality
• What Can a Business Do to Encourage and Facilitate Intrapreneurship?

  • Actively look out for – and encourage - entrepreneurial activity

  • Give employees ownership of projects

  • Make risk-taking and failure acceptable

  • Train employees in innovation

  • Give employees time outside the confines of their job description

  • Encourage networking & collaboration

  • Reward entrepreneurial thinking and activity