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? goingnovationIntrapreneurship against the current
You
The standing (and very hungry)
organisation
? goingnovation
A bit about me…
Mikkel Sørensen (Michael)30 years oldMarried, runnerEntre-, intra-, extrapreneur
Co-founder & developer
Co-founder & developer
Logistics
Putting ships and containers online
International business & politics
Business developer, putting pumps online
2000 - 2003
2003 - 2009
2002 - 2006
2006-2012
2013 - Now
2007 - 2012
I am drawing on experience from allprevious positions
I am here as a private person
If quoting please refer to:
Mikkel Sørensen, goingnovation
? goingnovation
…and you
How many here are….
Preparing for starting an Intrapreneurship initiative?
Seasoned within Intrapreneurship?
Entrepreneurs (past or present)?
If you are lucky enough to have an independant unit, or BU, this is probably not for you
But stick around, maybe it’ll make sense anyway ;-)
? goingnovation
This is how we imagine it to be
You have gustoYou have ideasYou have all the toolsYou might be a successful Entrepreneur
You want to do your best and help the company out!
…and of course the company will love you, you’re here to help!
The intrapreneurship toolkit
? goingnovation
But often, we’re facing a different situation
? goingnovation
Which hinders progress, and scares away the team
Not the comfy candy heaven we hoped for…
? goingnovation
And why is that?
”Most executives who seek to foster an innovative culture fail to recognize that culture is an outgrowth of organisational structures, incentives and precedents. A culture can’t be altered in isolation. Changing culture means changing the organization itself and developing a story around the renewed firm.”
The Lean Enterprise, Owens et Fernandez, Wiley, 2014Emphasis added
?
? goingnovation
The problem is
You’re not just innovating for the company
You’re changing the company
?
? goingnovation
People fear change
And for some, the 10 scariest words in English are
”I am an intrapreneur and I am here to help”Thanks, Ronald
?And they will get in your way
? goingnovation
What works:
Taking a dose of CxO mandate can help…
CxO
Side-effects:
For more read John Kotter, Leading Change
? goingnovation
But it must be combined with change management…
For more read John Kotter, Leading Change
? goingnovation
Often overlooked!
Unfortunately we tend to overlook some steps…
We’re so eager to ”disrupt”, ”revolutionize”, andchange the world, that we get lost on the way!
? goingnovation
That’s great Mr Speaker, but how are we supposed to do that?
1
2
3
Plan everything around the short term wins
Understand what the organisation values highly
Sales? CSR? Cost savings? Customer insights? New PPT formats?Whatever the currency, deal in it.Later on, you’ll have legitimacy to change tune
Communicate (ad nauseam)
Be smart – make them stepping stones!DO NOT take too long strides - one per monthIf at all possible, involve outside organisationTeam efforts – noone left out of contributing
…and then do it 3 x more
FOCUS(+plan b)
? goingnovation
An example is in order
GPS tracking at a container liner
Shipping being a commoditized industry, cost savings are very important
Build a plan around identifying and proving cost savings benefits
Start implementing as soon as possible
Focus on cost savings in communications
Organisation doesn’t really get it – why is this important?
And why is it so expensive??
? How do you succeed in this endavour?
? goingnovation
And for all you intrapreneurs who are struggling
Remember:
What you feel when you get a curve ball from the organisation is what the organisation feels from you – you need to change something
A failure is just a lesson learned - use it to build a stronger base
You WILL hit the boundaries of the organisation, that’s your job. Be proud that you did so and try again.
And most importantly: get an external coach to tell you you’re not going insane
??
?
??
Any questions
? goingnovation
And another one…
Digitization at a pump manufacturing company
Pumps are still fairly high tech – but starting to become commodities
Main currency in this company is a) sales of core products, b) innovation
Don’t disrupt the industry just yet – support sales instead
Post competition info, research docs to fuel the fire
We’re a company that makes cast iron pumps – what do we need apps for?
How can we even make money on it? Shouldn’t we focus on the pumps?
? How do you succeed in this endavour?
