We stumbled upon this interesting article from Entrepreneur and thought that we should share it here. It’s called Top 3 Reasons to Promote Intrapreneurship in Your Company.
Brand strategist Shridhar Taparia, shares his fascinating views and insights here. Here’s one of them:
Once a company solidifies its position, the investors tend to turn much more conservative, while the management displays far lesser entrepreneurial spirit. The processes become inefficient under strictly defined corporate hierarchies and the result is a sense of complacency affecting the employees. Unfortunately, this often takes the form of the company losing out its market share to the newer or more innovative companies, or the worst case being forced out of business.
For more Shridhar Taparia’s thought-provoking piece, check out the rest of it at the website linked below…