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Intrapreneurship

Shirish Andhare




    Shirish Andhare All Rights Reserved
What Is Intrapreneurship?


                 Entrepreneuring within the “bounds” of an organization



    Transforming vision to action and action to aligned value
    Understanding the Circles of Influence† in an organizational context
    Employing technical, business, and political acumen
    Combining resources and security with freedom and creativity




†
    Ramfelt, Lena and Kosnik, Thomas. “Circles of Influence – And The Paradoxes of Silicon Valley”

                                                                                              Shirish Andhare on Intrapreneurship
Intrapreneur Bridges Vision and Action



                                                                              Intrapreneur



                                    Planner


                                                                          Line Manager
       Vision




                                                                    Worker


                                    Action



                Adapted from “Intrapreneuring”, by Gifford Pinchot III, Harper and Row Publishers, 1986

                                                                                              Shirish Andhare on Intrapreneurship
Intrapreneurship:
An Entrepreneurial Venture Simulator

     Practice entrepreneurial leadership skills
     Leverage safety and security of an existing organization



      Entrepreneurship                       Intrapreneurship

    Entrepreneur           Intrapreneur
    Co-founders            Core cross-functional team that shares vision
    Company                Broader cross-functional team
    Angel                  Executive sponsor
    Venture Capitalist     CFO, Business owner
    Board                  Executive staff
    Advisors               Key staff members – “smart time” not “smart money”




                                                                  Shirish Andhare on Intrapreneurship
Role Of The Intrapreneur


          Scientist &
          Researcher

           Inventor & Idea Person

                                Planner

                        Intrapreneur bridges the void between idea and execution

                                                                                     Growth Business Mgr.

                                                                                              Cash Cow Mgr.

                                                                                                      “Liquidation” Mgr.




                                                    Product Lifecycle

Adapted from “Intrapreneuring”, by Gifford Pinchot III, Harper and Row Publishers, 1986

                                                                                                    Shirish Andhare on Intrapreneurship
My List Of Five Vital Skills


   Communication
   Leadership
   Numbers
   Negotiation
   Execution




                               Shirish Andhare on Intrapreneurship
Vital Skill #1: Communication


   Regular
       Because organizational memory can be short

   Clear
       Because ambiguous messages beget ambiguous results

   Concise
       Because the higher up and broader you communicate the less time you have

   Tuned
       Because in communication “one size does not fit all”




                                                                 Shirish Andhare on Intrapreneurship
Vital Skill #2: Leadership


    Vision
         Because the person with the clearest vision gets to drive

    Humility
         Because you cannot do it alone

    Iron will
         Because your resolve will be tested

    Trust
         Because it binds




                                                                      Shirish Andhare on Intrapreneurship
Vital Skill #3: Numbers


   Quantify
       Because a number is worth a thousand pictures

   Quantify
       Because numbers are the life blood of the business

   Quantify
       Because your success as an Intrapreneur will be judged by them




                                                                  Shirish Andhare on Intrapreneurship
Vital Skill #4: Negotiation


   Necessary
        Because ideas abound and execution resources are scarce

   Win-win
        Because without a strong stake your support will fizzle

   Ethical
        You should be able to look at yourself in the eye before anyone else




                                                                   Shirish Andhare on Intrapreneurship
Vital Skill #5: Execution


   Strategic thinking
        Because without understanding yourself, the game, and players you will fail

   Comprehensive planning
        Because planning is the foundation of your vision

   Follow up
        Because your team will thank you for it

   Setting expectations
        Because its not the outcome but the surprise that gets people

   Doing whatever it takes
        Because only you will see the vision at times




                                                                      Shirish Andhare on Intrapreneurship
Even More Important…


    Perspective
    Self-awareness
    Empathy
    Global thinking
    Discipline
    Humor!




                       Shirish Andhare on Intrapreneurship

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Intrapreneurship

  • 1. Intrapreneurship Shirish Andhare Shirish Andhare All Rights Reserved
  • 2. What Is Intrapreneurship? Entrepreneuring within the “bounds” of an organization  Transforming vision to action and action to aligned value  Understanding the Circles of Influence† in an organizational context  Employing technical, business, and political acumen  Combining resources and security with freedom and creativity † Ramfelt, Lena and Kosnik, Thomas. “Circles of Influence – And The Paradoxes of Silicon Valley” Shirish Andhare on Intrapreneurship
  • 3. Intrapreneur Bridges Vision and Action Intrapreneur Planner Line Manager Vision Worker Action Adapted from “Intrapreneuring”, by Gifford Pinchot III, Harper and Row Publishers, 1986 Shirish Andhare on Intrapreneurship
  • 4. Intrapreneurship: An Entrepreneurial Venture Simulator  Practice entrepreneurial leadership skills  Leverage safety and security of an existing organization Entrepreneurship Intrapreneurship Entrepreneur Intrapreneur Co-founders Core cross-functional team that shares vision Company Broader cross-functional team Angel Executive sponsor Venture Capitalist CFO, Business owner Board Executive staff Advisors Key staff members – “smart time” not “smart money” Shirish Andhare on Intrapreneurship
  • 5. Role Of The Intrapreneur Scientist & Researcher Inventor & Idea Person Planner Intrapreneur bridges the void between idea and execution Growth Business Mgr. Cash Cow Mgr. “Liquidation” Mgr. Product Lifecycle Adapted from “Intrapreneuring”, by Gifford Pinchot III, Harper and Row Publishers, 1986 Shirish Andhare on Intrapreneurship
  • 6. My List Of Five Vital Skills  Communication  Leadership  Numbers  Negotiation  Execution Shirish Andhare on Intrapreneurship
  • 7. Vital Skill #1: Communication  Regular  Because organizational memory can be short  Clear  Because ambiguous messages beget ambiguous results  Concise  Because the higher up and broader you communicate the less time you have  Tuned  Because in communication “one size does not fit all” Shirish Andhare on Intrapreneurship
  • 8. Vital Skill #2: Leadership  Vision  Because the person with the clearest vision gets to drive  Humility  Because you cannot do it alone  Iron will  Because your resolve will be tested  Trust  Because it binds Shirish Andhare on Intrapreneurship
  • 9. Vital Skill #3: Numbers  Quantify  Because a number is worth a thousand pictures  Quantify  Because numbers are the life blood of the business  Quantify  Because your success as an Intrapreneur will be judged by them Shirish Andhare on Intrapreneurship
  • 10. Vital Skill #4: Negotiation  Necessary  Because ideas abound and execution resources are scarce  Win-win  Because without a strong stake your support will fizzle  Ethical  You should be able to look at yourself in the eye before anyone else Shirish Andhare on Intrapreneurship
  • 11. Vital Skill #5: Execution  Strategic thinking  Because without understanding yourself, the game, and players you will fail  Comprehensive planning  Because planning is the foundation of your vision  Follow up  Because your team will thank you for it  Setting expectations  Because its not the outcome but the surprise that gets people  Doing whatever it takes  Because only you will see the vision at times Shirish Andhare on Intrapreneurship
  • 12. Even More Important…  Perspective  Self-awareness  Empathy  Global thinking  Discipline  Humor! Shirish Andhare on Intrapreneurship