InnoChat is the best Twitter chat on innovation. It happens every Thursday from noon to 1pm Eastern time (5pm Copenhagen time this week).
The topic for the next InnoChat is intrapreneurship and I am glad to lead this chat as intrapreneurship is an important topic for me. You can see the framing post below.
All you have to do to join the chat is to get on Twitter on Thursday at noon and join the conversation using the #innochat hashtag. If you are new to Twitter, I suggest that you use a tool such as HootSuite and set up a stream here.
Unleashing the Power of Intrapreneurs
In a recent blog post, The Careers of Innovation Leaders and Intrapreneurs, I argued that companies need two kinds of people to make innovation initiatives successful. They need innovation leaders who focus on building the internal platform required to develop organizational innovation capabilities. This is work on the strategic and tactical level.
Innovation leaders are often also involved as coaches, facilitators and sponsors for the second group required for innovation; the intrapreneurs who turn ideas and research into real products and services that move the business forward.
If you wonder what the term, intrapreneur, means the American Heritage Dictionary in 1992 acknowledged this as “a person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation.
Successful innovation executives and teams, particularly those in larger organizations, must be able to 1) create the right framework and conditions needed to unleash the potential of intrapreneurs who are often misunderstood and viewed as troublemakers because of their ability to question the status quo and 2) develop ways to identify and develop these intrapreneurs.
The topic questions for our InnoChat are:
Q1. What are the key differences between innovation leaders and intrapreneurs?
Q2. What situations call for intrapreneurship and why?
Q3. What skills are most important for intrapreneurs to master?
Q4: What can executives do to create better conditions for intrapreneurs to thrive?
Q5. What pitfalls should intrapreneurs be prepared to avoid?