Intrapreneurship

Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization. Intrapreneurs are self-motivated, proactive, and action-oriented people who take the initiative to pursue an innovative product or service.

Key characteristics of intrapreneurs:

• Autonomy: They operate with a high degree of autonomy and are not afraid to challenge the status quo.
• Innovativeness: They are creative and constantly looking for new ways to solve problems.
• Proactiveness: They don't wait for instructions, but actively seek out opportunities.
• Resourcefulness: They are skilled at finding and using resources within the organization to achieve their goals.

Large companies can foster intrapreneurship by giving employees the freedom and resources to experiment and develop their own ideas. This can lead to significant breakthroughs and new revenue streams for the company. For example, Google's "20% time" allows employees to work on side projects, which has led to the creation of products like Gmail and AdSense.

Intrapreneurs are essentially Companies of One within a larger organization. They are the driving force of innovation and progress.