Who is an Intrapreneur?

Summary

The video explains the concept of an intrapreneur—an employee within a large corporation who takes on entrepreneurial initiatives to develop new products or services, or improve existing ones, often with the company's support. It likens intrapreneurs to students who start new clubs or activities at school, using available resources while working independently. The analogy helps illustrate how intrapreneurs drive innovation from within an organization, balancing initiative and resourcefulness while leveraging the support and infrastructure of their company to bring new ideas to life.

Takeaways

• 😀 Entrepreneurs within large corporations take on the role of innovating and developing new products or services.
• 😀 They often work independently while having the support and resources of the company.
• 😀 The role of an entrepreneurial employee is similar to a student starting a new club or activity at school.
• 😀 Entrepreneurs within companies are responsible for both improving existing products and creating new ones.
• 😀 These entrepreneurial employees operate somewhat independently while utilizing the company's resources.
• 😀 The role involves a combination of innovation and collaboration with the company to achieve goals.
• 😀 The entrepreneurial employee can be seen as a bridge between the company’s established practices and new ventures.
• 😀 Support from the company may include funding, resources, or organizational backing for their initiatives.
• 😀 The entrepreneurial mindset within a corporation mirrors the mindset of a student taking initiative in school.
• 😀 This role is important for driving change, adaptability, and growth within a corporation.

Q & A

What is the role of an entrepreneur within a large corporation?

An entrepreneur within a large corporation takes on the role of developing new products or services or improving existing ones. They often work with the support of the company but also operate independently to drive innovation.

How does the role of an entrepreneurial employee differ from a traditional employee?

An entrepreneurial employee differs from a traditional employee in that they actively pursue new opportunities, take initiative, and work towards innovation within the company, whereas traditional employees typically focus on their assigned tasks without taking on additional entrepreneurial responsibilities.

Can you compare the entrepreneurial role within a corporation to something in a school setting?

Yes, it's similar to a student who starts a new club or activity within their school. They use the school's resources but work somewhat independently to establish something new, just like an entrepreneurial employee within a corporation.

What resources are typically available to an entrepreneurial employee within a large corporation?

An entrepreneurial employee within a corporation usually has access to the company's existing resources, such as funding, personnel, and infrastructure, to help them develop new ideas and products.

Is the entrepreneurial role always independent within the corporation?

While an entrepreneurial employee works somewhat independently, they typically still receive support from the company, including access to resources and guidance from management or other teams.

What skills are important for someone taking on an entrepreneurial role within a corporation?

Important skills include creativity, problem-solving, project management, leadership, and the ability to collaborate across departments. They also need a strong sense of initiative and a willingness to take calculated risks.

How does the entrepreneurial role impact the corporation's growth and innovation?

Entrepreneurial employees help foster growth and innovation by developing new products or services, improving existing ones, and bringing fresh ideas to the table. Their efforts often lead to new revenue streams and a competitive edge for the company.

Can an entrepreneurial employee be successful without full autonomy?

Yes, an entrepreneurial employee can be successful even with some level of oversight or support from the corporation. Collaboration and guidance from the company can actually help refine their ideas and ensure they align with corporate goals.

What motivates an employee to take on an entrepreneurial role within a corporation?

Motivations often include a desire for professional growth, the challenge of creating something new, the opportunity for recognition, and the possibility of making a significant impact within the company.

How is success typically measured for an entrepreneurial employee in a corporation?

Success is measured by the impact of their innovations, such as the launch of new products, improvements in efficiency, cost savings, or revenue growth. Meeting or exceeding specific goals set by the company is also a key factor.