The term intrapreneurship refers to a system that allows an employee to act like an entrepreneur within a company or other organization. Intrapreneurs are self-motivated, proactive, and action-oriented people who take the initiative to pursue an innovative product or service. An intrapreneur knows failure does not have a personal cost as it does for an entrepreneur since the organization absorbs losses that arise from failure.
An intrapreneurship creates an entrepreneurial environment by allowing employees to use their entrepreneurial skills for the benefit of both the company and the employee. It gives employees the freedom to experiment, as well as the potential for growth within an organization.
Intrapreneurship fosters autonomy and independence while attempting to find the best resolution. For example, an intrapreneurship may require an employee to research and recommend a more efficient workflow chart to a company’s brand within a target group or implement a way to benefit company culture.
It’s important for employers to recognize these employees. Not promoting intrapreneurship or recognizing employees who demonstrate an intrapreneurial spirit can be detrimental to a brand or company. Employers who encourage intrapreneurship stand to benefit because it leads to the success of the department or the company as a whole. Keeping these employees can help lead to innovation and growth. Companies that don’t promote them may lose intrapreneurs to other companies, or they may end up working for themselves.
Identifying intrapreneurs can sometimes be difficult. These employees are generally self-starters who are both ambitious and goal-oriented. They are often able to solve problems on their own and come up with ideas that lead to process improvements. An intrapreneur may also take certain risks by assuming multiple tasks—even some that they may not be comfortable with—and look for new challenges.
IntraSolutions believes in Intrapreneurship which is a system that allows an employee to act like an entrepreneur within an organization.
IntraSolutions allows Intrapreneurs to be self-motivated, proactive, and action-oriented people who have leadership skills and think outside the box.
IntraSolutions’s Intrepreneurs can use what they’ve learned as part of a team to develop their own businesses.
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