A committed team memeber can bring great benefits to a company: not only do they feel emotionally connected to the company, but they also seek to influence positively in achieving the goals by complying with the tasks of their office. What would happen albeit, if in addition to having committed employees, companies counted on persons who felt the need to continuously improve themselves? to create value by menas of innovation? persons who had the skills of an entrepreneur, but on matters within the company?
Entrepreneurship performed within the companies, is technically nown as intrapreneurship, it is responsible today, of the greatest innovations in products and services. Big companies such as 3M and Google, allow their employees to become internal entrepreneurs and in this way to capitalize on new business ideas that arise from their own iniciatives. Policies such as the " 20 % program " from Google, are a very effective tool, where contributors can submit innovative ideas that fuel the business and signify a competitive advantage in the industry. The Post-it, Google News and Gmail are the result of this continously growing trend.
This new direction that companies have taken is not only beneficial for potential businesses that may arise from it, but also for the appeal to those known as Generation Y, employees and workers under the age of 30. The main reason why these employees resign, is due to the lack of opportunities that would allow them to grow being productive within their company. However, sponsoring domestic entrepreneurship can be a good strategy to retain this talented and well prepared generation, along with their countless business ideas. This way, companies are able to count on committed employees who, in addition to developing their tasks skillfully, are capable of having enough time to think about new products and services that can result in changing the course of your business.
The question that now remains is: what actions are needed to be undertaken in orer to foster an environment of entrepreneurship within companies? These 5 pieces of advice can help you to get on your way:
-Commitment of top management: managers who do not allow their employees to devote part of their time in the development of new ideas, not only may be losing excellent business ideas, but will also be restricting their own employees and extinguishing their entrepreneurial spirit. In the end, they wiil end up with employees who do their job and nothing else.
-Accept and learn from your mistakes: not all ideas become successful products or services. In fact, more often than you think, it will be necesary to leave projects along the way, under the understanding that maybe it was not the best idea at the time. This will mean that there will have to be an investment of resources, both financial and human. However, it is necesary to understand that important lessons will emerge from the experience, lessons that will be of great use when starting a new project.
-No man is an island, although there are cases where some of the best ideas have arisen from a single head, if a team can be composed of a working group with multidisciplinary talents, it will have better oportunities of developing entrepreneurial projects within your company.
-Count on a formal structure: at first glance any creative process would seem not to have a structure. However, leaving all your team members a drift with their imaginatios to run wild, it is not the best idea. You must create formal programs of internal entrepreneurship, competitions, conferences or allocate some weekly time or montly time for these activities, come up with a work plan and do follow up.
-Invest in an inpiring workplace: having a workspace that promotes creativity is just as important as having around your company the best talent. An office that includes diverse spaces, will bring many benefits to the business. Innovation halls, concentration spaces, recreation areas, will promote productivity and creative thinking among employees.