How do big companies avoid inertia, stay nimble, and maintain their leading edge? “Intrapreneurship” is one answer: it’s the practice of empowering teams to adopt a start-up mentality and focus on entrepreneurial, innovative ideas from within the company. It’s also a way to hold on to creative thinkers, satisfying their inventive urges while providing more security than an actual start-up would allow.
Within a large firm, however, intrapreneurship does have its limits. As Saikat Chaudhuri notes, it’s necessary for companies to balance disruption with stability, and temper employees’ focus on inventive ideas with a big-picture perspective.
Read the full article at The Guardian here.