Innovation And Intrapreneurship

When we think of innovation, we often focus of the realm of products – shiny, larger, smaller, faster, connected products. Intrapreneurship is the practice of driving innovation within existing organizations and operations, adapting to evolving conditions, customer needs and societal change. Now, more than ever, we are expected to deliver value in new ways, managing the constantly changing environment in which we work.

Consider:

• How many customers have you lost in the last year? Do you know why you lost them?
• Do your projects and key initiatives generally launch well, or do they more often go sideways?
• Are your processes and systems in control, or do they create frustration and force workarounds for employees and customers?
• Are successful interactions with customers by design or do they as often happen by chance?

As you reflect on these questions, what is holding you back? The organization has a vision, a strategy, yet we compromise, failing to adapt, innovate and react in the interest of protecting that vision.