Friday, June 29, 2012

Intrapreneurs: The New Entrepreneurs?

By Nelson Davis

Recently, the CEO of a Fortune 500 company invited me to lunch at a very nice private club in Los Angeles to pose a rather interesting business question. After hearing me give a speech on the subject of small and big businesses helping each other, he wanted to explore how that entrepreneurial energy could be harnessed inside a multi-billion dollar company. That question was a thought provoking challenge to which lunch became the side dish! I've long felt that companies of all sizes need to have that can-do spirit at every level to survive, adapt and grow. Founders of businesses usually have it, but I say that reaching the peak and staying there requires employees that can show that sparkling and spunky side of themselves as well. The word I've adopted to describe this phenomenon is "intrapreneur."

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