Intrapreneurship

Date : 12.5.2020
Sub  : Entrepreneurship
Day  : 2
Time : 7.30am -8.10am 
Period : 1 
Class    : 11

Learning Outcome

• Who is an Intrepreneur
• Why is Intrapreneurship necessary?
• Consequence of not encouraging Intrapreneurship

A very good morning students

Thank you for logging in

Today we are going to finish our second chapter.


We are going to learn who is an Intrapreneur

An Intrapreneur are : 

• usually employees within a company who are assigned a special idea or project, and are instructed to develop the project like an entrepreneur would do.
• They have the resources and capabilities of the firm at their disposal
• His/Her job is to turn that special idea or project into a profitable venture for the company

Intrapreneurs are most successful when management empowers and supports them and in turn the Intrapreneur represents the best interest of their organisation, while earning the respect of corporate peers.

Intrapreneurship is necessary because a firm needs to retain its best and talented staff.Otherwise most of them will quit and develop these ideas on their own.

Intrapreneurship should be encouraged because if employees  have  new product ideas .

Best example for this is 'the founders of Adobe ,John Warnock and Charles Geschke were employees of Xerox,but their new idea products were never ncouraged. They quit Xerox and in early 1980 to begin their own business. currently, Adobe, has an annual turnover of over $3 billion.

Please go through the video links to understand the topic better.

https://www.youtube.com/watch?v=0wPgDw9sN2w

https://www.youtube.com/watch?v=lycS9ic2YTU

1.Your assignment is to differentiate between an Entrepreneur and Intrapreneur

2. Why is Intrapreneurship necessary ? 

3. Define Intrapreneurship