2. What Is Intrapreneurship?
Entrepreneuring within the “bounds” of an organization
Transforming vision to action and action to aligned value
Understanding the Circles of Influence† in an organizational context
Employing technical, business, and political acumen
Combining resources and security with freedom and creativity
†
Ramfelt, Lena and Kosnik, Thomas. “Circles of Influence – And The Paradoxes of Silicon Valley”
Shirish Andhare on Intrapreneurship
3. Intrapreneur Bridges Vision and Action
Intrapreneur
Planner
Line Manager
Vision
Worker
Action
Adapted from “Intrapreneuring”, by Gifford Pinchot III, Harper and Row Publishers, 1986
Shirish Andhare on Intrapreneurship
4. Intrapreneurship:
An Entrepreneurial Venture Simulator
Practice entrepreneurial leadership skills
Leverage safety and security of an existing organization
Entrepreneurship Intrapreneurship
Entrepreneur Intrapreneur
Co-founders Core cross-functional team that shares vision
Company Broader cross-functional team
Angel Executive sponsor
Venture Capitalist CFO, Business owner
Board Executive staff
Advisors Key staff members – “smart time” not “smart money”
Shirish Andhare on Intrapreneurship
5. Role Of The Intrapreneur
Scientist &
Researcher
Inventor & Idea Person
Planner
Intrapreneur bridges the void between idea and execution
Growth Business Mgr.
Cash Cow Mgr.
“Liquidation” Mgr.
Product Lifecycle
Adapted from “Intrapreneuring”, by Gifford Pinchot III, Harper and Row Publishers, 1986
Shirish Andhare on Intrapreneurship
6. My List Of Five Vital Skills
Communication
Leadership
Numbers
Negotiation
Execution
Shirish Andhare on Intrapreneurship
7. Vital Skill #1: Communication
Regular
Because organizational memory can be short
Clear
Because ambiguous messages beget ambiguous results
Concise
Because the higher up and broader you communicate the less time you have
Tuned
Because in communication “one size does not fit all”
Shirish Andhare on Intrapreneurship
8. Vital Skill #2: Leadership
Vision
Because the person with the clearest vision gets to drive
Humility
Because you cannot do it alone
Iron will
Because your resolve will be tested
Trust
Because it binds
Shirish Andhare on Intrapreneurship
9. Vital Skill #3: Numbers
Quantify
Because a number is worth a thousand pictures
Quantify
Because numbers are the life blood of the business
Quantify
Because your success as an Intrapreneur will be judged by them
Shirish Andhare on Intrapreneurship
10. Vital Skill #4: Negotiation
Necessary
Because ideas abound and execution resources are scarce
Win-win
Because without a strong stake your support will fizzle
Ethical
You should be able to look at yourself in the eye before anyone else
Shirish Andhare on Intrapreneurship
11. Vital Skill #5: Execution
Strategic thinking
Because without understanding yourself, the game, and players you will fail
Comprehensive planning
Because planning is the foundation of your vision
Follow up
Because your team will thank you for it
Setting expectations
Because its not the outcome but the surprise that gets people
Doing whatever it takes
Because only you will see the vision at times
Shirish Andhare on Intrapreneurship
12. Even More Important…
Perspective
Self-awareness
Empathy
Global thinking
Discipline
Humor!
Shirish Andhare on Intrapreneurship