
Intrapreneurship… The Tomorrow of Ownership
Entrepreneurship is becoming a status!
It is becoming the aspiration of almost everyone.
This is confusing high-performing managers and young talents with high potentials.
It is making them feel inferior if they decided to pursue a successful corporate path.
The need of change in the mainstream narrative is so urgent, but it doesn’t seem to be occurring soon. Therefore, companies should start acting swiftly and decisively to retain and attract the right talents.
Many things can and should be done, among others, training, career path definition, compensation revisiting, and others. But on top of the list is Intrapreneurship!
Intrapreneurship is the opportunity companies create for high-level talents to act and become relatively actual partners, satisfying their thirst for self-actualization and giving them a great sense of ownership.
With companies welcoming new venturing ideas, nurturing contextual innovations and creating adapted compensation plans is key. They can significantly increase the likelihood that the right people will choose to stay and go the extra mile.
The near future is challenging for every business; innovation and new ideas are the only way to adapting and coping with these huge waves.
There are foundations that businesses should seriously think of to survive and thrive:
- Having the right brains onboard, understanding their uniqueness and adapting some of the practices to their special requirements.
- Nurturing the right brains right. These brains require a specific fertile ground to grow!
- Compensating the right brains right and in the broadest and most meaningful ways possible, not just through salaries, but through a wide range of fundamental actions.
- Securing the right culture for these brains. Culture is the most underestimated driver of the strategy development and execution. Companies need to seriously think this deep and act sharp toward it!
These building blocks are “oxygen-level” priority for companies that are planning to stay competitive in the very serious and turbulent business ecosystem that is becoming more challenging at a faster pace than most companies anticipate.