Daniel Minahan, MSPM, PMP, CM, CAPM, CSM
Entrepreneurship sounds like fun and can be rewarding, but what if you don’t have the funds or risk tolerance for the lifestyle?

Another avenue would be intrapreneurship, which is entrepreneurship within an organization. Intrapreneurs are essential to organizations that want to innovate. Often, employees are stuck doing the day-to-day work to ensure managers are satisfied, clients are served, or customers’ needs are met. The employees may not have the time or resources to be innovative; therefore, it is incumbent upon leadership to identify those with innovative and entrepreneurial skills if an organization is to start an innovation group.

Intrapreneurship was said to start back in the 1940s (debatable origin) with Lockheed Martin and the Skunk Works group. This team was brought together to develop a jet to compete with German jets during World War II. The Skunk Works team set the precedence of autonomy when setting out to develop innovative products. Autonomy is essential to get those teams away from the “flag pole” or “corporate” or whatever you want to call management. By getting away from management and others in the company, it will allow the team to truly innovate without their influences.

Below are some indicators that I have found that may help identify intrapreneurs amongst your teams:

1. A team member who’s innovative and has great ideas and is not scared to execute on those ideas. Timid innovators may shy away from exploring new ways of conducting business.

2. A team member who can work independently and on teams effectively. Need team players on this. There may be a few selfish individuals, but a strong leader can herd the cats to get the project complete.

3. A team member who is trusted by management, other team members, and the client if there is one. Without this, there is little chance the project will get greenlighted.

While basic, these are key for management to trust that innovative work will be accomplished. When you find these types, ensure there isn’t a smokescreen up hiding poor results or work. Some employees can talk a big game and “brag,” but when their work is investigated, it is all talk and no action.

The key is to have trust in the team and to give them autonomy. While hard, it is necessary for true change and innovation to occur.

There are many ways to innovate in today’s corporate world, just need innovative minds to take charge. 



11/04/2016 12:10pm

I hope large number of people from assignment writing help will be aware of this topic which is shared here to facilitate readers. Everyone will wish to become an entrepreneur. But here writer is talking something different in terminology mentioned as intrapreneur

12/16/2016 7:26am

I don't think that this is a good idea for those who want to start a business but do not have a capital. There are a lot of firms that may help those individuals that have a great idea but cannot execute it because they don't have the capacity. They may also get loan from banks by their business plan as long as it is feasible. I'm sure that entrepreneurs know it. And besides, entrepreneurs differ from business owners in many ways.

Daniel Minahan
01/10/2017 8:36pm

Intrepreneurs are inside organizations, hopefully that want to act entrepreneurial, but that is based on the risk appetite of the organization.

08/07/2017 1:55pm

Being a great team member is all about cooperating with your leader and co-members. You have to understand that you all have your own individual and specific roles. There is no room for overpowering one another because being a team is all about doing things together for the sake of one goal. Being in a team is the same thing as belonging to a family. You have to look out for your members because without them, you can never win on your own. Treat them as how you would treat yourself and you will definitely win every single time.

01/04/2017 8:24am

Wow, finally I got this info. It's so important for me. Thank you!

Daniel Minahan
01/10/2017 8:35pm

You're Welcome!

01/12/2017 2:38am

Customers determine the value of a company's products and services. Not sometimes - ALL the time. A great tool to understand how customers see and feel about a given company is a "Brand Audit."

06/19/2017 3:07pm

What you should know about social media consultants - what they do, how they work, and how investing in one can make you money! Get the answers that will let you take action and find the right professional to work with you business.

07/17/2017 8:38am

It needs much more efforts and sleepless night.

09/20/2017 6:02am

Setting up an online business is a common trend in the business world nowadays. People are spending more time now in surfing the internet and a lot of individuals have found the convenience of purchasing what they need through online shopping. Because of this, many people have taken advantage of this phenomenon and started up their own online business.

11/09/2017 8:34am

interesting thoughts

12/07/2017 1:28pm

Blogging is cathartic and offers an immediate outlet for intense emotions. It is a healthy serving of good ole self TLC, a discreet way of building your own online shrine. It is also a moneymaker, generate enough traffic and companies will want to start advertising on your site. But not all blogs are created equal.


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