- An entrepreneur can create a progressive culture that encourages their employees to do be a leader
- Only having some business values or mission in company culture is not enough
- Developing a strong culture is necessary to motivate employees which creates better performance for the company
- An entrepreneur is the founder, who builds and grows their own organisation
- An intrapreneur is basically an entrepreneur who works at your company.
- For example, companies build sister brands from the ideas their employees give who then become CFOs and CEOs of that company
There are generally three types of intrapreneurs:
- Creators (who can help you innovate)
- Doers (who can ideate and plan well)
- Implementers (who can execute perfectly)
Having at least one of these types in a company can really benefit the overall success and innovation.
How can you encourage intrapreneurship?
Be transparent
- Including your employees in decision making and let them develop a working style
- Trust them with important company information and tasks
Reward pro-active behaviour
- Entrepreneurs should reward employees who lead and find ways to improve sales and other tasks on their own
- This acts as a confidence booster for them to become intrapreneurs
Fix problems
- Entrepreneurs must take responsibility and address the problems of the organisation
- Teaching your employees to fix major problems will change your company culture in a huge way
Encourage healthy competition
- Like entrepreneurs, intrapreneurial culture promotes a healthy competition to do their best job and get results
- Employees usually perform better if there is a competative spirit that drives them
To know more about intrapreneurship and its benefits, read this entire article:https://addicted2success.com/entrepreneur-profile/how-to-create-a-company-culture-that-motivates-entrepreneurship/
Also, our expert panel of entrepreneurs is ready for your questions, do follow this link to ask any question regarding your entrepreneurial journey: https://sncoglobal.com/#q&a
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