Intrapreneurship: Lead Like an Entrepreneur Jo Miller CEO Women’s Leadership Coaching, Inc.

Welcome Eileen Tarjan Learning Manager Network of Executive Women

NEW Partners

Jo Miller CEO, Women’s Leadership Coaching, Inc. Founding editor of BeLeaderly.com Helps women create a roadmap for career advancement into management and leadership roles. A leading authority on women’s leadership who delivers more than 60 speaking presentations annually to audiences of up to 1,200 women for women’s conferences, professional associations and corporate women’s initiatives.

I HAVE SOME UNIQUE KOALAFICATIONS

In This Session What is intrapreneurship? The characteristics of an intrapreneur A step-by-step approach to intrapreneurship Panel of industry leaders

Entrepreneur Intrapreneur x

Intrapreneur (In¹tre-pre-nur) n. “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.” The American Heritage Dictionary

What’s the difference between an entrepreneur and an intrapreneur?

Sir Richard Branson “While it's true that every company needs an entrepreneur to get it under way, healthy growth requires a smattering of intrapreneurs who drive new projects and explore new and unexpected directions for business development.

“Intrapreneurs are employees within existing corporate structures who are risk takers. They are individuals who are willing to take responsibility and ownership for their progressive ideas and actions. They work to promote the overall advancement of the organization.” “Intrapreneurs are employees within existing corporate structures who are risk takers. They are individuals who are willing to take responsibility and ownership for their progressive ideas and actions. They work to promote the overall advancement of the organization.” Rebecca U. Harris Director, Center for Women’s Entrepreneurship Chatham University

They have a vision for things that others don’t see, such as… A better way to serve a customer A new or better product A new or better process A better a corporate structure A new line of business.

Find a need, take the lead…

The Qualities of an Intrapreneur Who do you know who is an intrapreneur? What qualities does that person have that are critical to their intrapreneurship success?

7 Qualities of an Intrapreneur Credible Coalition- builder Challenging Creative Conviction Collaborative Courage

Why be an intrapreneur? As an intrapreneur, you can… Make a tangible contribution to your company’s success Develop new leadership skills Make your value visible Be excited to come to work every day.

“Want to be excited on Monday morning? Be an intrapreneur!” Nina Bhatti CEO, Kokko Inc.

A Step-By-Step-Approach

This presentation is available at: BeLeaderly.com/new

7 Qualities of an Intrapreneur Credible Coalition- builder Challenging Creative Conviction Collaborative Courage

Early career Credible Coalition- builder Challenging Creative Conviction Collaborative Courage

1. Build credibility You are being observed: Will you deliver what you say you will deliver? Be engaged with your organization’s mission. When given an assignment, execute it well, with confidence and enthusiasm. Train people to know that you’ll do what you say you’ll do. Nina Bhatti, in “4 Steps for Establishing Credibility and Influence,” by Jo Miller at BeLeaderly.com #1

2. Build coalitions of support

Your network (Your “Sphere of Influence”) The most important asset you will build in your career:

Build a supportive, influential network Connectors Influencers Experts and informational powerhouses Peer advocates Mentors Sponsors

Mid-level Credible Coalition- builder Challenging Creative Conviction Collaborative Courage

3. Challenge the status quo Don’t be complacent (it’s the biggest career- killer) Be on the lookout for opportunities and gaps

1.Start by looking at what you’re complaining about. 2.See if others are complaining about the same thing. 3.Ask yourself… “Am I ready” “Who do I need to help me move forward?” “How do I describe the vision?” 1.Start by looking at what you’re complaining about. 2.See if others are complaining about the same thing. 3.Ask yourself… “Am I ready” “Who do I need to help me move forward?” “How do I describe the vision?” Mona Sabet, GM, Grace Hopper Celebration of Women in Computing. Bonus: What are your customers and leaders complaining about?

4. Create and innovate 1.Intrapreneurs don’t just identify problems – identify, own and drive the solution 2.Stay up to date with what’s going on at the cutting edge in your field 3.Know who the futurists, visionaries and innovators are. Follow them, speak with them, collaborate with them. 4.Cultivate your ability to think big, think creatively and innovate.

5. Pitch your idea with conviction “Without conviction, how am I going to be able to convince everybody else? You have to have that conviction to be able to influence. You’ll need conviction so you can go on when things get hard, and things do get hard.” — Leila Pourhashemi, Head of Product Operations, eBay Marketplaces

6. Collaborate widely

“It is not enough to have a bright idea. I have seen too many projects led by great, passionate people fail because they tried to be the lone influencer. You have to get the right people in the boat with you. You have to engage the entire human fabric.” Sophie Vandebroek Chief Technology Officer, Xerox

7. Have the courage to take risks

“Opportunity does not come gift-wrapped. You must take risks.” “Opportunity does not come gift-wrapped. You must take risks.” Nina Bhatti CEO, Kokko Inc.

Credible Coalition- builder Challenging Creative Conviction Collaborative Courage { } Senior-level People & Culture

S. Shariq Yosufzai Vice President of Global Diversity, Ombuds and University Affairs, Chevron “You cannot cost-cut your way to high performance or spend your way to high performance. You must innovate your way to high performance.” “You cannot cost-cut your way to high performance or spend your way to high performance. You must innovate your way to high performance.”

1. Build credibility 2. Build coalitions of support 3. Challenge the status quo 4. Pitch your idea with conviction 5. Create and innovate 6. Collaborate widely 7. Have the courage to take risks

Recommended “4 Steps for Establishing Credibility and Influence,” by Jo Miller at BeLeaderly.com NEW Leadership Academy webinar, “Leading Change” and “Delivering Real Results,” at Newonline.org/studyhall 6 Ways to be an Entrepreneur at the Office,” by Liz Brenner at leadwithintuition.com

In This Session What is intrapreneurship? The characteristics of an intrapreneur A step-by-step approach to intrapreneurship Panel of industry leaders

Panel of Industry Leaders

Dagmar Boggs President, 7-Eleven Global Customer Team The Coca-Cola Company Ena Williams Senior Vice President, International Operations 7-Eleven Inc. Jill Sando Senior Vice President, Home Target Corporation

Dagmar Boggs President, 7-Eleven Global Customer Team The Coca-Cola Company Ena Williams Senior Vice President, International Operations 7-Eleven Inc. Jill Sando Senior Vice President, Home Target Corporation

This presentation is available at: BeLeaderly.com/new

Find a need and take the lead. Find a need and take the lead.