Saturday, April 18, 2020

Connecting Relevant Dots of Intra/Entrepreneurship Apr. 2020

 Corporate intrapreneurship has been recognized as potentially viable, it is about creating new ventures from within established organizations to leverage the startup culture for catalyzing changes and inspiring innovation.

The effects of an increasingly digitized world are now reaching into every corner of businesses and every aspect of organizations. The organization of the future is an organization designed openly for anyone with ideas on how human organizations ought to be contrived in the face of the strategic imperatives of the digital era.


The work is not the place you go, but a live organization and an experiment lab where you can connect the dots to explore the art of possibility.

      

Connecting Relevant Dots of Entrepreneurship


Corporate Entrepreneurship & Business Model Innovation Many established large organizations are struggling with innovations, due to the lack of the culture of innovation or the internal business capability & capacity to support it. Especially for business model innovation, it runs up against a "not now, later" obstacle. As a business leader, you know you may be vulnerable and should do something, but you also know that, by definition, such innovation will be disruptive to the current business. So what are the strategies and methodologies to advocate business model innovation? Can corporate entrepreneurship be seen as a business model innovation?

Entrepreneurship vs. Art  The basic principle of business is to make some monetary profit, whereas the basic principle of art is simply to express feelings. So what’s the correlation between business and art? Is it difficult to move the needle on perspectives and long-accepted assumptions about artists and businessmen?

Intrapreneurship Perception and Performance Corporate intrapreneurship has been recognized as potentially viable, it is about creating new ventures from within established organizations to leverage the startup culture for catalyzing changes and inspiring innovation. It means promoting and sustaining organizational performance, renewal and corporate competitiveness.

IT Innovation and Intrapreneurship The digital organization is technology-driven and information-intensive, IT needs to become the linchpin to integrate people, process, and technology into differentiated business competency such as innovation. The art of innovation is to connect wider dots for creating new ideas; the science of innovation is to take a structural approach to innovation management. Thus, IT is the hub to bridge the art and science of innovation. Nowadays, IT is the business in the business and the digital engine of the entire organization. The role of the CIO continues to evolve rapidly in the midst of the information in digital transformation. Forward-looking IT organizations should practice intrapreneurship for running IT as a software startup, promoting and sustaining organizational performance, renewal and corporate competitiveness.

Three Perspectives of Intrapreneur Leadership Corporate Entrepreneurship or intrapreneurship has been recognized as potentially viable, it means for promoting and sustaining organizational performance, renewal and enforce competitiveness. Being entrepreneurial is first the mindset, then an attitude and skills are the easier part to be developed. Here are three aspects of intrapreneur leadership. 

The “Future of CIO” Blog has reached 3 million page views with about #6600th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The Digital Master” book series includes 28 books to share insight from the multidimensional digital lens and perceive the multi-faceted impact the digital era upon us is making to the businesses and society. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking and innovating new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.

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