ENTREPRENEURSHIP

Detailed explanation-1: -An intrapreneur is an employee of a large organisation, who has the authority of initiating creativity and innovation in the company’s products, services and projects, redesigning the processes, workflows and system with the objective of transforming them into a successful venture of the enterprise.

Detailed explanation-2: -What is an Intrapreneur? An intrapreneur is essentially an internal entrepreneur: someone who has the characteristics of a highly motivated entrepreneur, but works from within an existing company and has access to the funds and resources they need to execute their plans.

Detailed explanation-3: -Intrapreneurship and Internal Innovation Culture By opening the stage to your employees, the organization is essentially creating and looking for multiple leaders from within the company, transcending hierarchies. Such self-initiated practices lead to higher innovation and more success for the company.

Detailed explanation-4: -The term was first used to talk about the “dreamers who do”, those who have a hands-on approach to follow their vision and develop their ideas into innovations within an existing corporation. Intrapreneurship is also about turning attention towards internal capabilities and looking into ways to develop new innovations.