sense of ownership

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Presentation By Liju G Chacko Ramesh Moorthy B Praveen Dugaya

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Presentation By

Liju G Chacko

Ramesh Moorthy B

Praveen Dugaya

ContentsContentsContentsContents • Introduction.

• Intrapreneurship.

• Impact of Lack of sense of ownership.

• Characteristics of an Intrapreneur.

• Role of Intrapreneur as a subordinate.

• Role of Intrapreneur as a Boss.

• Four I’s Mantras of an Intrapreneur.

• Conclusion.

What is it?What is it?What is it?What is it?

• It’s the feeling that organization is yours-

• Organizational identification- belongingness to the organization

• Organizational commitment- accepting the organization’s goals

IntrapreneurshipIntrapreneurshipIntrapreneurshipIntrapreneurship

• Word was coined in 1976 by Gifford and Elizabeth Pinchot

• Employee initiatives to undertake something innovative, without being asked.

• Google allows 20% of their time to employees pursue projects of their choice. Intel has a tradition of implementing intrapreneurship

Lack of sense of ownershipLack of sense of ownershipLack of sense of ownershipLack of sense of ownership

• Individuals putting no effort, makes others frustrate /de-motivate

• Creates environment of blame and finger pointing

• Paycheck

• Benefits

• Holidays

Successful IntraprenuerialSuccessful IntraprenuerialSuccessful IntraprenuerialSuccessful Intraprenuerial • Take risks

• Admits ignorance

• Redefines the problem and get to the root cause

• Admits Mistakes

• Think Big (future plans)

Example:Example:Example:Example: Risk:

• In 1973 Dr. Kalam became the project director of India’s SLV-3.August 1979 SLV-3 was launched although the computer program put the launch on hold.

Admitting Mistake:

• Then Chairman , Prof. Satish Dhawan during the press conference he took responsibility for the failure.

Think Big:

• Chairman assured the media that in another one year, the team would definitely succeed. July 1980, ISRO succeeded.

Role Role Role Role as a subordinateas a subordinateas a subordinateas a subordinate

• Discuss the changes/ideas as early as possible

• Attitude Changing is a longer-term process, Repetition is a powerful tool.

• Contradict and contrast against the available alternatives

Role as a BossRole as a BossRole as a BossRole as a Boss

• Spread a sense of ownership

• Give employee input into/control over how their own work

• Give your employees support to solve issues

• Tolerate rare failures

• Treat your employees alike.

• Trust subordinates

Sum upSum upSum upSum up---- Four Four Four Four I’s I’s I’s I’s MantrasMantrasMantrasMantras

• Take Initiatives

• Be proactive

• Use your Intelligence

• Knowledge, skills and experiences.

• Care for your Industry

• Industry motives

• Ensure Integrity

• Get Along with Co-Workers & make people like you

ConclusionConclusionConclusionConclusion Ability has nothing to do with opportunity,

Success has nothing to do with IQ

Feel like a KingFeel like a KingFeel like a KingFeel like a King Think like a freakThink like a freakThink like a freakThink like a freak Act like a soldierAct like a soldierAct like a soldierAct like a soldier

Feel like a KingFeel like a KingFeel like a KingFeel like a King Think like a freakThink like a freakThink like a freakThink like a freak Act like a soldierAct like a soldierAct like a soldierAct like a soldier

So …So …So …So …