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Intrapreneurship. Outline. Introduction Benefits Challenges Recommendation. Introduction. Corporate Entrepreneurs = Intrapreneurs Senior employees with vision Experience and market knowledge Knowledge of technology/ business gaps Willing to try new things
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Outline • Introduction • Benefits • Challenges • Recommendation
Introduction • Corporate Entrepreneurs = Intrapreneurs • Senior employees with vision • Experience and market knowledge • Knowledge of technology/business gaps • Willing to try new things • Do not like routine work • Risk takers (in risk averse culture) • Do not know how to develop new businesses (need training) Create High Impact Projects and Businesses
Gifford Pinchot Introduction- History • In 1978 coined in the • Oxford Dictionary the • words: • - Intrapreneur • - Intrapreneuring • - Intrapreneurship • In 1985 wrote the first book on Intrapreneuring
1st Global Intrapreneurship Forum™ May 27-28, 2012 Kingdom of Bahrain Channeling Intrapreneurial Energy Into Our Economies
Introduction Intrapreneurship Non-Corporate Support & Funding Corporate Support & Funding (e.g. Google)
Benefits To Companies • Leverage internal innovation • Retain employees • Reduce cost • Achieve growth
Benefits To Local Economy • Creation of sustainable new companies • Creation of sustained jobs • Improved local content of goods and services
Challenges Within Corporations National Level • Risk averse culture • Lack of incentives • Lack of support services • No Intrapreneurship Vision • No incentives to encourage companies to take calculated risk when it comes to new job creation and local content
Recommendation • National Intrapreneurship Vision - Transform companies into business incubators and risk takers • Incentives and policies (ecosystem) • Availability of support services for both types of Intraprenership • Training • Developers • Funds • Legal
Creating A Market Place For Intrapreneurship
The Firm is registered W.L.L based In Kingdom of Bahrain About The Firm • An international private networking organization dedicated to supporting its members for: • Business development • Intrapreneurship
Benefits To Intrapreneurs • Promote projects and ideas inside or outside your company • Access to credible investors • Learn how to shift from an intrapreneur to a successful entrepreneur