Entrepreneurship – Part 2 : Intrapreneurship

When we left off in part 1, we were discussing that entrepreneurial traits and mindsets are not restricted to founders and co-founders of startups. In this part 2, we will explore how the entrepreneurial traits and mindset when applied when working within an established company set up can help.

Why an entrepreneurial mindset or intrapreneurship is necessary for all professionals?

Entrepreneurs see possibilities where others may not and explore them. They are not afraid to try new ways of doing things and take calculated risks. They are passionate, self-motivated, and resilient. They are versatile, flexible, and great collaborators.

Incorporating an entrepreneurial mindset or intrapreneurship is essential in today’s dynamic workplace and market to create a constant impact in the chosen area of work. While intrapreneurs might not be building a new business, they are addressing an unmet need and creating something of value for an existing business. But how? Let’s take a look.

Entrepreneurs see possibilities where others may not and explore them. Employees with this entrepreneurial trait to learn and explore new processes, technologies, new ways of doing things are the ones that drive innovation within an organization.

Entrepreneurs are not afraid to try new ways of doing things and take calculated risks. Employees who take a calculated approach to reach a goal and keep moving forward even when faced with obstacles are key to a solution-centric organization.

Entrepreneurs are passionate, self-motivated, and resilient. Passion, motivation, and resilience are key to the growth of any business. These traits give a person the ability to seek out challenges, constantly learn, think creatively, take initiative, and overcome obstacles.

Entrepreneurs are versatile, flexible, and great collaborators. Such employees keep their skills current, can adapt to change, and work collaboratively to devise creative solutions, build effective teams, and drive improvements and growth. They constantly work towards creating value using the resources available to them at their company.

In short, learning to embrace the entrepreneurial mindset can help achieve success by leveraging your creativity, fervour, and experience to solve problems and create value, whether you choose a corporate or entrepreneurial career.

Whether you are looking to keep pace with the industry, hone your skillset, or develop a new skillset in banking and insurance, IRA can help. Check out our upcoming training sessions. Learn from banking and insurance industry experts in real-time!

     

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    Radhika Srinath
    RADHIKA SRINATH

    CEO & FOUNDER, IRA COACHING

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