Ent Intrapreneurship
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Transcript of Ent Intrapreneurship
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Entrepreneurship & Intrapreneurship:
What it takes to make it work.
Presented By
Charudatta Khairnar(360)Satyajeet Rananavare(361)
Vipul Kulkarni(355)
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Entrepreneurship Characteristics
Commercial leanings
Lack of structure/self-control
Visionary tendencies.
Risk-taking/appetite for uncertainty
Persistence Doer/high initiative
Charisma and extroversion
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Entrepreneurship Characteristics
High-energy level
Strong self-image
Team building skills/uses contacts
and connections
Views failure as learning
Commitment and fun
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Entrepreneurs vs. Managers
Reward System -
Doing what they
like.Independence. Activity - Direct
involvement.
Risk - Moderate risk
taker.
Status - Not concerned
about status symbols.
Reward System -
Corporate rewards.
Promotion, staff,office, money.
Activity - Delegates
and supervises.
Risk - Avoids risk.
Status - Concerned
about status symbols.
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Entrepreneurs vs. Managers
Mistakes - Deals and
learns from them.
Decisions - Followsdreams with decisions.
Who serves - Customers
and self.
Relationships - Deal-
making and reciprocity.
Time orientation - 5 - 10
years.
Mistakes - Avoids or
shifts blame.
Decisions - Agrees withthose above them.
Who serves - Others.
Relationships -Hierarchy.
Time orientation - Short-
term.
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Intrapreneurship Characteristics
Understands the environment.
Visionary and flexible.
Creates management options.
Encourages teamwork.
Encourages open discussion. Builds a coalition of supporters.
Persists.
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Dimension Definition
New Ventures Creation of new autonomous or semi-
autonomous units or firms.
New Businesses Pursuit of and entering into newbusinesses related to current products
or markets
Product/ServiceInnovativeness
Creation of new products and services
Process
Innovativeness
Innovations in production procedures
and techniques
Dimensions of Intrapreneurship
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Dimension DefinitionSelf-renewal Strategy reformulation, reorganization
and organizational change
Risk Taking Possibility of loss related to quickness
in taking bold actions and committing
resources in the pursuit of new
opportunitiesProactiveness Top management orientation for
pioneering and initiative taking
Competing
Aggressiveness
Aggressive posturing towards
competitors
Dimensions of Intrapreneurship
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Intrapreneurship Environment
New ideas encouraged
Trial and error encouraged. Failure ok!
Resources available and accessible
Long time horizon
Appropriate reward system Sponsors and champions available
Support of top management
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Entrepreneurs vs. Intrapreneurs
Employer
Risks are higher
Build all of themselves.
Doesnt get support
from the organization
Employee
Returns are not that
much higher.
Without any risk
Selected by a corporate
Hierarchy.
Get Support fromprimary organization.
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Critical Questions that need to be asked
to create wealth generating activities.
Where and in what ways is change creating thepotential for new rules and new space?
What is the potential for revolution inherent in thethings that are changing right now, or have alreadychanged?
What are the discontinuities we could exploit?
What aspect of whats changing can we come tounderstand better than anyone else in our industry?
Whats the deep dynamic that will make our newbusiness concept oh-so-relevant right now? (Hamel,
2000)