Why is it that companies pull the plug on innovation too early? In order to succeed with break through ideas and innovation, there are many “failures” along the way. Companies need to recognize these failures as learning opportunities, embrace them and continue to invest in innovation rather than pulling the plug after a “failure”. In […]
Intrapreneurship has three parts to it: an intrapreneur (you), a project (that innovative idea you want to bring forward) and a mentor (an individual within a larger corporation that is willing to provide you with the necessary resources to put your project into motion). The two of you will ultimately become a team, a multigenerational […]
Intrapreneurship is unique in its ability to provide value for all stakeholders. From the intrapreneur’s perspective, it gives them the opportunity to stand out from the crowd, and pave new avenues for growth and rapid advancement for the organization in which they work. It also allows them to work alongside colleagues who are passionate, dynamic, […]
Why do you need a mentor in the first place? Starting a business can often feel like venturing into the unknown. You’re starting on a brand-new journey (which admit, you are ultra-excited about) but quite frankly, aren’t too sure where to begin just yet. Market strategy, potential business opportunities, financial resources…these are a few among […]
Many businesses often exhibit resistance to changing the status quo – family businesses are no exception. Be that as it may, breaking through this state of inertia can bring about many benefits for the family and the business. When we talk about limiting ideas, we are referring to a way of thinking that some […]
Why do some companies consistently succeed at corporate entrepreneurship while myriad others stumble? There are several ingredients required to succeed at creating new businesses or lines of business within a corporate environment. These include culture, innovation, intrapreneurship best practices, and of course having the right intrapreneurs at the helm. But before an idea makes […]
Intrapreneurs, being unique as they are, look for unique environments in which to work. If you’re looking to attract the best and the brightest, it might be time to re-evaluate your corporate culture. Some questions you might want to ponder over are the following: Do you encourage innovation within your company? Do you have innovation at […]
The Business of Intrapreneurship Series The business of intrapreneurship series tackles key strategic and operational aspects that every established business must consider if they wish to remain entrepreneurial, attract innovators and develop future business leaders. The series is authored by Guillaume Hervé, the Business Families Foundation resident expert intrapreneur and the author of Winning at […]
Every aspiring intrapreneur likely has one, or a few great ideas they wish to pursue. However, even with a seemingly ‘perfect’ idea, the work does not stop there. In order to refine your idea or identify new ones, we recommend looking into these five sources of inspiration: Trends, changes in the industry, novelty, prominent problems […]
The Business of Intrapreneurship Series The business of intrapreneurship series tackles key strategic and operational aspects that every established business must consider if they wish to remain entrepreneurial, attract innovators and develop future business leaders. The series is authored by Guillaume Hervé, the Business Families Foundation resident expert intrapreneur and the author of Winning at […]