Intrapreneurship Characteristics • Understands the environment. • Visionary and flexible. • Creates management options. • Encourages teamwork. • Encourages open discussion. • Builds a coalition of supporters. • Persists.
Reward System - Doing what they like.Independence. Activity - Direct involvement. Risk - Moderate risk taker. Status - Not concerned about status symbols. Reward System - Corporate rewards. Promotion, staff, office, money. Activity - Delegates and supervises. Risk - Avoids risk. Status - Concerned about status symbols. Entrepreneurs vs. Managers
Mistakes - Deals and learns from them. Decisions - Follows dreams with decisions. Who serves - Customers and self. Relationships - Deal-making and reciprocity. Time orientation - 5 - 10 years. Mistakes - Avoids or shifts blame. Decisions - Agrees with those above them. Who serves - Others. Relationships - Hierarchy. Time orientation - Short- term. Entrepreneurs vs. Managers
Entrepreneurship Characteristics • Commercial leanings • Lack of structure/self-control • Visionary tendencies. • Risk-taking/appetite for uncertainty • Persistence • Doer/high initiative • Charisma and extroversion
Entrepreneurship Characteristics • High-energy level • Strong self-image • Team building skills/uses contacts and connections • Views failure as learning • Commitment and fun