sense of ownership
TRANSCRIPT
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 …