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Own the Business You Are In! Intrapreneurship Strategies to Take Charge of your Destiny, Transform...

Date post: 30-Oct-2014
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Rumor has it that job security is a thing of the past. As the many businesses and industries are faced with uncertain futures, employees are left with a few narrow options. Some begin looking for other positions to secure a “back up” plan, while others sit back, fingers crossed, hoping things will get better. Who is ultimately responsible for the success or failure of a business? What role do you really play? Intrapreneurship is a term coined in the 1980’s and refers to an “entrepreneur type” mindset among leaders and employee within a corporation. Intrapreneurs approach their jobs with entrepreneurial zest. Within the company's guidelines, they have all of the resources and people available to them to create an impact on success and innovation. Although they may not own the company, they are accountable for the power to change the future of their company. This workshop will arm you with the tools to own the business you are in. Learning Outcomes: Increase business management and leadership skills and enhance professional productivity At the end of this workshop, participants will be able to: a) Explore the benefits of intrapreneurship b) Identify the skills needed to transform from employee to a strategic contributor c) Converse with successful intrapreneurers d) Build an intrapreneurer action plan
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OWN THE BUSINESS YOU ARE IN! Intrapreneurship strategies to take charge of your destiny, transform your career, and create power from within.
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Page 1: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

OWN THE BUSINESS YOU ARE IN!   Intrapreneurship strategies to take charge of your destiny, transform your career, and create power from within.

Page 2: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

PanelistWork Experience

33 years in multiple domains/industries• Manufacturing/Fabrication• Program Management• Supplier Management and Procurement • Maintenance and Modification Centers • Company-level Initiative Leader• Learning, Training and Development

Education• Doctoral Program in Management,

in-progress, Webster University• MBA in Business Management, Webster

University • BS in Industrial Administration, New Jersey

Institute of Technology

Norma ClaytonVice President Learning, Training and Development The Boeing Company

Page 3: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Panelist

Theodore JohnsonDirector Information TechnologyExelon Corporation

Work Experience

25 years in multiple domains/industries• IT Management and IT Strategy• Wireless Technologies • Application Development • Manufacturing and Retail• Supply Chain and Procurement • Electric and Gas Utilities

Education• MBA concentration in Finance, DePaul

University • BS in MIS, Illinois State University

Page 4: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Panelist

Terrence HeadDirector

Productization

BAE Systems, Inc.

Work Experience

15 years Department of Defense & Intelligence• Productization• IT Strategy Development• Mergers & Acquisitions• Program/Project Management• Enterprise Architecture• System Integration• Systems Engineering

Education• MBA in Global Economics, University of Maryland

UC• MS Technology Management/Project Management,

University of Maryland UC• BS Electrical Engineering, South Carolina State

University

Page 5: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

What is Intrapreneurship?

Behaving like an entrepreneur while working within a large organization

Strategic Partner

Skilled

Value Creator

Page 6: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Why is Intrapreneurialship Important Now?• Jobs• Globalization• Technology• Engagement• Shifting demographics• Higher demand for performance, problem-

solving, innovation and relationship management

• Pace of business

Page 7: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Characteristics of an Intrapreneur

• Self starter• Highly motivated• Creative• Intellectually curious• Risk taker• Problem solver• Inspiring• Confident• Outstanding communicator

Harriet Opoku, Boeing Materials Process and Physics Engineer, C-17 Program

Page 8: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Become an Innovative Force

• Look at problems differently than others• Accept challenges others shy away from• Help your organization look progressive• Obtain a sponsor that values innovation• Align to sponsor’s strategic direction• Turn ideas into actionable plans• Think…”What can I do new tomorrow?”• Lead/support ideation initiatives

Dana Bolton, Senior Manager IT, Utility Client Services, Exelon Corporation

Page 9: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Can Intrapreneurship be Taught?

YES!

1. Know yourself

2. Be strategic about your career

3. Build your personal brand

4. Stretch yourself

5. Get a mentor

6. Network

Page 10: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

1. Know yourself

WHO

ARE

YOU

Page 11: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

2. Be strategic about your career

Page 12: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Sample Career Strategy

Objective Strategies Deadline

Complete formal education

Complete MA degree in HR Development Spring 2014

Pursue PhD in Operations Research Fall 2014

Expand internal and external network

Identify prestigious people in my field and level; cultivate relationships across the aerospace industry

Ongoing

Participate in the company’s formal mentoring program Ongoing

Become a thought leader within the aerospace industry

Pursue opportunities to participate in public speaking engagements and thinking forums (e.g. conferences, seminars, and universities)

Ongoing

Increase global presence

Pursue opportunities for international assignments Ongoing

Provide community leadership and advocacy

Serve on community boards Ongoing

Page 13: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

3. Build your personal brand

• Showcase your personal bio• Capitalize on speaking

opportunities• Write an article/develop website• Monitor your online mentions• Flaunt what makes you unique• Demonstrate authenticity and

integrity• Sustain brand by learning and

improving

Michael Simelton, Manager, Process Support, Exelon Wind & Solar

Page 14: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

4. Stretch yourself

• Accept job rotations• Volunteer for

development assignments• Add new skills• Develop depth and

breadth in competency areas

• Participate in community service

• Learn to talk to leaders

Richard Tan, Materials Planner/Integrated Materials Management (IMM), Boeing Operations International, Singapore

Page 15: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

5. Get a mentor

Meet Andrea AllenCareer start: Office AdministratorCareer goal: ManagementDevelopment tools: Continuing education, job rotations, mentors at every levelVolunteer opportunities: Leader of black employee affinity group, Communications Chair for Boeing Women in Leadership

Andrea Allen, Project Management Specialist, Boeing CH-47 Chinook Helicopter Program

Page 16: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

6. Network

• Start here today• Be a doer and deliver on results• Continue virtual connections• Know who the players are when you enter a room • Develop strong relationships on the job with people outside

of your area of expertise• Understand key relationships inside your company (mentor

vs. sponsor)• Market yourself• Cultivate advocates• Leverage opportunities

Page 17: Own the Business You Are In!  Intrapreneurship Strategies to Take Charge of your Destiny, Transform your Career, and create Power from Within

Questions?


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