Practicing Intrapreneurship in Running Enterprise IT

Speed Up: IT is often perceived to be too slow to adapt to the changes in the majority of enterprise organizations. To practice intrapreneurship, it means IT has to adapt to changes in proactive ways, and more often, IT has to drive the changes and plays a pivotal role in digital transformation, focus on the fastest speed available - because that is where the main threat to competitiveness. Technology Enablement is always about planning, funding, designing, building, operating, securing, optimizing and maturing, and digital IT has faster speed. Practicing intrapreneurship means to run IT as a business, because digital IT also shifts from hardware and technology heavy to data and information savvy; running IT as a software startup.
Strike the right balance: In the 20th century, entrepreneurs and professional managers act more like different breeds of leaders: entrepreneurs think out of box, professional managers set up and manage within the box; entrepreneurs break the rules, professional managers make the policies, entrepreneurs dream big to make the dent in the universe, and professional managers keep focusing on winning finance results; entrepreneurs present resilience; professional managers manage elasticity; actually, in order to embrace and adapt to today’s business dynamic, such two set of leadership characteristics are not exclusive, but complement with each other more seamlessly. Intrapreneur-CIOs will add a new dimension of vision in making the right choice for balancing the business’s short term gain and long term win.
Build innovative partnership: Enterprise IT can rejuvenate itself via building partnerships with innovative vendors or technology startups. The innovation capabilities IT vendors can provide to their clients are to connect the dots. Those IT vendors work with their clients across industries, across cultures, accumulate many success stories and, even more, failure anecdotes to benefit their client, for adopting the best solutions and avoid pitfalls, modernizing legacy application via borrowing the fresh idea from totally different industry or culture. Businesses are looking for “Absorptive Capacity,” and Innovation capability from their IT service providers. They are expecting for vendors to figure out ways to perform the IT lifecycle, whether they are doing hardware or software or a combined integration, with less drain on their organization, they also expect vendors to deliver flexible, innovative and high-quality customer-tailored solutions. There are a number of business areas that can be transformed by a systematic yet sensitive approach to customer feedback. Also, it is necessary to understand that no department will suffer from being challenged too often.
Cultivate the culture of risk tolerance with flexibility: Practising intrapreneurship also means enterprise IT should go smarter and flexible, with the culture of risk awareness and tolerance. Good intrapreneur-leaders explain the big “whys” clearly, to articulate the strategic rationale behind the venture, as more often than not, intrapreneurship is about discovering the new path for IT transformation and balancing innovation with other organizational priorities, it presents a possibly even greater challenge--and reward. Many entrepreneurs taste risk as bitter experience, and show resilient to recover, some say, failure + quantity = success, intrapreneur- leaders may have balanced viewpoints to perceive success and failure objectively, such mental toughness will help organization to be more resilient, and nurture the culture of risk-tolerance. Such flexibility can broaden the “innovation scope” of IT: -A new result (new satisfied need of a customer –“need” solution);-A new method of gaining the same result (“principle” solution);-A new technology the same method is based on (“scientific” solution)

There are a set of principles and practices to run a high-effective and high-innovative IT organization. Practicing intrapreneurship starts from tuning the digital mindset of IT leaders and professionals, cultivate the culture of learning and innovation, build robust, not rigid processes to do the work, develop innovative partnership and intimate customer relationships, and leverage flexibility in running IT as a business like a startup.
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Published on February 17, 2016 23:07
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