Top 10 posts for Intrapreneurs

Here are my Top 10 posts for Intrapreneurs and those on their way:

1.  The Rise of the Intrapreneur
How to become an ‘Intrapreneur’?  Why are Intrapreneurs needed? What is the difference to Entrepreneurship?  – The future of innovation within large organizations lies within, if you know how to tap into it with intrapreneurship!

2.  What does it take to keep innovating? (part 1 of 3)
Can strategic innovation rely on creative chaos?  To make a long story short, the answer is: No!  Read here what it takes to consistently innovate and give you a very cool example too.

3.  How to become the strategic innovation leader? (part 2 of 3)
What is an innovation leader? Is this role similar to an innovator? (The answer is ‘no’.) – Recognize the three key roles in innovation, how to find an approach and avoid critical pitfalls.

4.  Starting an ERG as a strategic innovation engine!  (part 3 of 3)
While many companies demand creativity and innovation from their staff few companies seem to know how to make it work. – Is your organization among those hiring new staff all the time to innovate? The hire-to-innovate practice alone is not a sustainable strategy and backfires easily.

5.  Innovation Strategy: Do you innovate or renovate?
Not everything new is an innovation and some is more renovation than in innovation.  Here is a framework that helps to distinguish an innovator from a renovator and works for entrepreneurs and intrapreneurs alike.  It is important to understand which role to play and when; it all depends on what you need to achieve and what is critical to reach your goal!

6.  How Intrapreneurs find executive sponsors
Have you ever had a great idea and went to your manager for support but found they were just not interested in it?  Nothing came out of it in the end, and you were disappointed?  Perhaps, you just turned to the wrong sponsor for your project, a common mistake of intrapreneurs. Here are some thoughts on whom to turn for with ideas to make them happen within an organization.

 7.  How to attract an executive sponsor?

8.  Job description for an Executive Sponsor
Executive sponsorship is an important prerequisite for the success of employee groups.  The challenge is finding a great sponsor, so what should you look for?  What would a job description for an executive sponsor look like?  ‑ Here are some practical ideas that have worked.

9.  Measure your company culture in real-time!
It is difficult if not impossible to assess organizational culture directly.  Instead, managers favor surveys to measuring organizational climate as a first step.  However, surveys fall short in many ways and can lead to skewed results as input to managerial decision-making.  Better than surveys is observing employee behavior with a meaningful metrics.

10.  How to approach ‘metrics’?
There is much truth in the saying that comes in many variations: “What gets measured gets managed”“Everything that can be measured can also be managed” or even “What isn’t measured can’t be managed”. ‑ If you don’t measure progress or success, how would you know you reached the goal?

Don’t miss my Top 10 Innovation posts!

Roadmap for Intrapreneurs
Roadmap for Intrapreneurs
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Why do companies need business-focused ERGs?

Changing the organization from within by engaging employees in business-focused employee resource groups (ERGs) – the practical “how-to” guide!

Why do companies need business-focused ERGs?

The answer can be as simple as this: Because it makes good business sense!

But what makes this answer so simple? – Well, because it’s made up of a few simple aspects:

First of all, every company, unless it is classified as a non-profit, is in business for one reason: to make money by providing some sort of product or service to its customers.

Simply put, if a company fails to rack up profits it will go out of business. That’s why focusing on the business benefits, the “bottom line”, the return on investment (ROI) makes not only sense but is key for successful employee resource groups (ERGs). It’s the bottom-line arguments, the financial benefits, that open the doors to executive support, buy-in, and funding.

Second, to take advantage of the diversity and capabilities of the human capital readily available.

Let’s look at companies, its workforce and its markets today: We live and work globally – everyone is connected. Our markets today are just as diverse and multi-faceted as our workforce should be. It takes all we know and who we are as diverse human beings (coming from different cultures and ethnicities, religious beliefs, physical characteristics, sexual orientation, and so on) to understand what our customers need and how we can give it to them.

Therefore, it makes sense not only to diversify the product portfolio to mitigate risk and seize opportunity but also to diversify the workforce for the same reasons. Not tapping into all of your workforce’s diversity and capabilities puts you at a disadvantage to companies who know how to maximize their human capital effectively.

Are you still with me? So, the next question is how to meet this goal.

Stay tuned for practical advice, keeping it simple, and examples taking you through the steps on how to build a business-focused ERG.

– Any questions so far?

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