Intrapreneurship Case Study

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Many large organizations are realizing that they need to be more innovative and flexible. Intrapreneurship has become more important nowadays for organizations. Intrapreneurship helps organizations to a transformation of dreams into reality. This essay will describe the intrapreneurship and compare the differences between Intrapreneurship and Entrepreneurship and show some examples from the business world. It will further explain why larger organizations are pursuing an agenda of intrapreneurship. In addition, it will look at the difficulties of developing of an intrapreneurial culture. Finally, it will suggest strategies which could be adopted in pursuit of an intrapreneurship culture.

First of all, there are many references to illustrate …show more content…

Firstly, from a growth aspect, large organizations stopped investing into the future during the economic crisis in 2008 even if they needed to develop and grow. The goal of intrapreneurship is to build the entrepreneurial spirit to support companies’ growth. For example, 27% employees’ absenteeism cause a drop in productivity which translates to a slower growth or even zero growth (Smith 2010). Intrapreneurship therefore helps organizations to grow and expand. Secondly, Innovation is vital for an organization’s achievements, such as new innovations, ideas and products. All the time organizations need to be innovating and must not stop due to any high rates of failure such as 50% to 90%. According to (Smith 2010), organizations need to make innovation success by having the right processes, people, and environment. To be successful in intrapreneurship you need innovation. Finally, from an engagement aspect according to Smith, (2010) between $250 billion and $350 billion annually is costing America’s organizations because of employees lost productivity. Intrapreneurs are engaged in their work when employees feel they are part of the company. This allows the intrapreneur to provide a workplace that is engaging, challenging and meaningful for the workers. The intrapreneur’s passion inspires others to get involved as the employees’ enthusiasm grows, the organization will also develop and grow. Higher levels of employee engagement, more innovation, increase productivity and financial returns what the organizations will achieve if they embrace intrapreneurship. This means if intrapreneurship is chosen it could prove to create successful

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