CandleFocus

Intrapreneur

An intrapreneur works within an established organization to develop an innovative idea, project or product that will create value and benefit the company. In contrast to entrepreneurs, who typically create something new from the ground up while working independently, intrapreneurs work within the organizational and financial structure of the company—using its resources to bring their ideas to life.

The intrapreneur’s job is to think up and execute creative solutions, from start to finish, that will benefit the company—without having to be micromanaged. This involves research and development, as well as lateral thinking, problem-solving, networking, and persuasion.

By working on innovative and groundbreaking projects with the resources of the company, intrapreneurs help add value to the organization and boost its capabilities. They can help increase efficiency, reduce costs and improve the bottom line, while also increasing morale, productivity and engagement amongst staff.

The intrapreneur is generally given autonomy to work on the project without micromanagement, but is also held accountable and responsible for the results of their efforts. Intrapreneurs who are successful are typically given more autonomy and perhaps even the opportunity to shape what the company does in the future.

As mentioned, intrapreneurs who are successful may even find themselves branching out and starting their own venture—taking their intrapreneurial skills and becoming entrepreneurs. Those who do not take this step may still benefit from feeling fulfilled in their work and having the importance of their contributions acknowledged.

In conclusion, an intrapreneur is an innovative and creative individual who works within an existing organization to develop projects and products that will add value and benefit the company. Their job requires skill sets such as lateral thinking, research and development, problem-solving, networking, and persuasion. Intrapreneurs are given autonomy, but also held accountable and responsible for their actions and outcomes. The successful intrapreneur may even find themselves branching out and starting their own venture.

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