SLIDE 1
Entrepreneurship in the work place Presented by: Samuel G Coates - - PowerPoint PPT Presentation
Entrepreneurship in the work place Presented by: Samuel G Coates - - PowerPoint PPT Presentation
Entrepreneurship in the work place Presented by: Samuel G Coates What is the difference between an Entrepreneur and an Intrepreneur? An Entrepreneur is someone who translates a creative thought into a new, innovative process, product,
SLIDE 2
SLIDE 3
What is the difference between an Entrepreneur and an Intrepreneur?
An Intrepreneur is someone who displays the same characteristics as an Entrepreneur, but remains with an organization as an employee They generate enterprise for the organization rather than create their own small business
SLIDE 4
Both show quite similar characteristics such as:
- 1. Innovative thinking
- 2. Opportunity obsession
- 3. Motivation to excel
- 4. Creativity
- 4. Creativity
- 5. Self reliant
- 6. Leadership
- 7. Commitment
- 8. Determination
SLIDE 5
Why should we encourage Intrepreneurship into our businesses?
It empowers and enables your employees to become "change agents" in your company It stimulates innovation by tapping into each employee's entrepreneurial talent
SLIDE 6
It creates a culture for employees with good ideas to better channel your company’s resources to develop better products or
Why should we encourage Intrepreneurship into our businesses?
resources to develop better products or services Employees feels a sense of ownership
SLIDE 7
10 COMMANDMENTS OF AN INTREPRENEUR:
Come to work expecting to be fired Circumvent orders aimed at stopping your dream Do any job needed to make your project work Network with those who can assist you Network with those who can assist you Build a spirited team-choose the best Be loyal and truthful Be true to your goals Keep the vision strong Work underground It’s easier to ask for forgiveness than for permission
SLIDE 8
Striking the balance
How do we balancing the risks, rewards and
- pportunities with difficulties of
implementing intrapreneurship in your implementing intrapreneurship in your company?
SLIDE 9
Striking the balance
Keep an open mind Eliminate Corporate Bureaucracy Embrace constructive failure Embrace constructive failure Share the Recognition Break Established Patterns Do It Now
SLIDE 10