There are three trends sweeping through the enterprise that are making every executives’ head spin:
These trends are being forced on us by circumstances beyond our control, yet most of us came of age during the late 90s and early 2000s – and our corporate cultures haven’t changed that much, barring a few notable exceptions.
And we’re seeing ever more casualties along the way. Note the demise of Blockbuster and Borders Books, and many other corporate near-death experiences.
The challenge for companies is: how do we become more agile, more innovative and a more attractive place for the ambitious, restless and brilliant employees we need to successfully navigate these choppy waters? How do we make business innovation part of our corporate DNA?
I believe that one of the keys to this is the corporate intrapreneursip program. The out-of-the-box thinking needed to transform our companies, our technology footprint, and our employee recruitment and retention programs can only come from fostering an entrepreneurial mindset within our own people.
The corporate intrapreneurship program gives your internal employees, whether they’re millennials or baby boomers, the permission to become truly creative entrepreneurs - but with one caveat: they must use that creativity to find solutions to problems your company is trying to solve for yourself and your customers.
But do programs like these actually work? Let me share what we’ve created at Softtek so you can see for yourself.
The problems we’re seeing many of our customers facing are challenges we’ve been facing ourselves. How do we turn a traditional IT services company into an agile, innovative, entrepreneurial technology consulting company?
We realized we had to drink our own champagne, and walk our own walk. If we were trying to tell our customers to become more innovative, we had to become more innovative. And that’s why we decided to launch Innoventures, our own corporate intrapreneurship program.
I’m proud to say we’re in our second year, and we’ve already launched several successful initiatives brought about by our wonderful intrapreneurs.
Would you like to meet them? I’ll be happy to introduce some of the submissions and their creators from the top 18 ideas:
These are just five out of a total of our top 18 submissions this year! As you can see from this brief example, the solutions are very creative – yet very grounded in the particular needs of our business and our clients’ business.
Many of these might end up in the scrap heap, but some of them will turn into real service offerings that will bring measurable value to our customers.
Are you having a hard time incorporating a culture of innovation into your organizaiton to meet the three-pronged challenges of today’s marketplace? A good place to start would be to do as we did with Innoventures – start your own corporate intrapreneurship program.
And if this task seems a little overwhelming, stay tuned – we might just roll this out as a service to you, our customer!