Characteristics Of Intrapreneur

I believe without integrity as the cornerstone in building any relationships, higher levels of productivity cannot be obtained and ultimately with crumble. It is important for your people to trust that you have their interests and goals at heart while also laying out clear expectations early on in your command and trusting, yet verifying all parties are meeting expectations. Throughout my life and previous experiences I have witnessed firsthand how cohesive units are when these values are incorporated into leadership philosophies and have also seen how detrimental it is to the unit if they are not incorporated. An additional layer to integrity is that I would never ask of others what I would or could not do myself. Nothing will alienate a follower quicker than a leader who is unwilling to work as hard as or demonstrate that they are willing to get in the trenches with the people they are leading.

During Craig Havighurst presentation on the manner that WSM radio and the National Life and Accident company alter the trajectory of Nashville’s future, he deliberated on the notion of Intrapreneurship. This term was coined in 1976 by Macrae in The Economist and later entirely defined by Pinchot in 1985 ( ). The term intrapreneurship is basically acting like an entrepreneur within the confines of a larger organization. This concept is what lead to the rise of WSM radio within the National Life and Accident company and established the groundwork for the revolutionary change throughout the city.

Companies can benefit heavily from intrapreneurship due to multiple qualities which will help drive the company forward. This is because of someone who displays intrapreneurship within the workplace shows many of the same characterises as that of an entrepreneur. As a result this will begin to have a workforce who displays the ability to take risks on a daily basis to solve any given problem. Although this may seem like it would benefit the company on the one hand, on the other, the company could be brought into issues due to a lack of judged risk. This means that there are many different decisions which any employee could make with some being higher risk than others, this can be dangerous as they are not directly affected by these decisions, but however,

**Internal stakeholder- these could be the people you would communicate on daily bases (team members), management and other internal departments within the industry.

Marketing as well as strategic planning is a key source of a profitable and successful business. Most companies and products fail due to a lack of knowledge of how to properly run a business effectively. Companies are so focused on designing and manufacturing new products that they postpone until too late in the game (Why Most Products Launches Fail pg. 2). The ideas are great, however, the thought process of how to succeed long term and adhering to the goals set are in most cases are not obtainable goals. A balanced approach in succeeding in an effective business is to have other entrepreneurs with similar perspectives in business ventures to share a valuable input of do’s and don’ts that made their company’s popular.

Intrapreneurship is defined as an individual who acts as an entrepreneur within the boundaries of a larger organization (Intrapreneurship, 2016). Intrapreneurs are generally employees within a company who are assigned to work on special projects with resources and capabilities of their company at their disposal. Intrapreneurs are inside entrepreneurs, or entrepreneurs within a large firm that utilize entrepreneurial skills without incurring the risks associated with those activities. Entrepreneurs and intrapreneurs however, vary in their level of focus.

Sometimes the things that have been forgotten can be viewed as new by reminding us of what is important (Watson, 2013). Pope Francis actions reflect a social innovator and some may call intrapreneur (Dearing, 2014). The definition of intrapreneur is a person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation (Pinchot, 2010).

People possessing integrity will always do what's right, regardless of the circumstances, even when no one is looking. There are lots of times at work that someone may know what the right thing to do when performing a task and look up to see if anybody is looking. If no one is looking they may take a short cut or do the wrong thing. In the world of aircraft maintenance every task that is performed on the aircraft has step by step directions to complete the task. Some of these tasks can be very long and difficult and have shortcuts that can make the job easy. In this trade there are quality assurance specialists that walk behind aircraft maintenance crews to make sure they are following these tasks step by step. Some aircraft mechanics with bad moral principles will look up to see if a quality assurance specialist is nearby. If they are not nearby, the mechanic might skip steps or cut corners to get the job done faster. This would be an example of someone with no integrity. Integrity is an important trait to have in an aircraft maintenance work environment because without it innocent people could die. Doing the right thing regardless of how bad the situation is not just important with aircraft mechanics but with almost every

When we have integrity, we gain the trust of our leaders, our colleagues and our team.

The required reading to describe the DNA of an innovator were great reads. Nayar’s article describes the DNA of innovator leadership not a leader. The article indicated how the Nayar’s used his leadership skills engaged his teams creating an environment that encourages, as well as, teach skill sets to team. Nayars believed if HCL would be successful it would take a team effort. Hitt, Takacs-Haynes, and Serpa article describe the DNA of a innovator leader. The article covers the needed skill sets to an effective leaders who focus on the organization’s goals and strategies to be successful.

Intrapreneur’s are people who create something new but inside an existing company rather than through a new venture. intrapreneurship is the practice of entrepreneurial skills and approaches by or within a company. An intrapreneur is a

Instill the belief that the company is a set of capabilities, not just a product or brand.

Many people who work hard to be business owners always set out to be an Entrepreneur, which is, a risk taker in the private enterprise system, a person who seeks a profitable opportunity and takes the necessary risks to set up and operate a business. Being an entrepreneur is almost as common as being a sole proprietor in a business. What many business people and working individuals may not know is about being an Intrapreneur, the word in its self is self-explanatory. The word Intrapreneur says to me that, you are an entrepreneur on the inside of a business for an organization; just the opposite of being an Entrepreneur. Intrapreneur means, the process of promoting innovation within the structure of an existing organization. So how does an effective leader promote innovation within an already thriving organization while still being able to achieve the mission and goals in which the business must follow? Well recently the hospital in which I work held a town hall meeting with the President and CEO of the organization. The hospital had just merged with New York Presbyterian as an affiliation to gain better marketing, become more profitable, and overall making it a bigger business. The president was not very pleased with the hospital ranking as a two star hospital and wants to find ways to motivate the people whom work under him. All staff members from nurse managers, to department heads have to devise a plan to implement within their departments to improve new ways to promote

There has been extensive research conducted on the characteristics that successful entrepreneurs possess. These attributes vary widely across literature, however there are common key traits that are required to achieve any form of success. Frederick et al (2013) suggest entrepreneurs are risk takers, optimistic, have sound judgement and an ability to manage. While a review of literature relating to the psychology of an entrepreneur reveals a large variety of characteristics in a successful entrepreneur, these can be consolidated to a a few into only a few traits that are essential for a successful entrepreneur. Whilst taking into

1) Assess the type of team you consider the most appropriate to support your intrapreneur idea.