ORGANIZATIONS TO ‘DIE’ FOR..

          DIE--DELEGATION- INTRAPRENEURSHIP- EMPOWERMENT

Successful Organisation take extreme care in selecting the right candidates for the job and groom them to a position of responsibility. The employees are empowered to handle the responsibility and deliver on their accountabilities successfully at the same time enjoying their work.

Positioning right persons in right jobs by matching their unique skills, competencies, experiences and above all their passions will enable the organisations to let their employees handle responsibility to yield the desired results in line with the overall vision of the organisation.

Competent employees enjoy work when they are trusted, given authority with responsibility and rewarded appropriately.

Organisations destined for greatness encourage 

A)     Delegation, B) Intrapreneurship and C) Empowerment at all levels.

Selecting the right person with the right competence is the key to successful delegation.

This will enable all the employees to focus most on their key deliverables while the rest of the organisation works on the other elements of the execution with due diligence.

While delegation is an extremely useful and important aspects of an organizational effectiveness, delegating the work to wrong employee and delegating without periodic supervision is a sure path to failure in most cases.

                                         

                Delegating managerial tasks to a secretary without necessary skills

                and relaxing totally by taking eyes off—too dramatic but a symbolic representation of a

               wrong type of delegation.

Successsful Organisations encourage Intrapreneurship at all levels.

Gifford Pinchot III  introduced the word intraprenership in 1985, a term that marries the spirit of an entrepreneur with the resources of a large corporation.

They want employees at all levels to work with spirit of ownership like an entrepreneur within the organisation. This will enable the organisation to deliver extraordinary results as it is akin to a train running with many more engines instead of one engine pulling all the passenger compartments.

                            

A 100 Coach Goods train pulled by a 3 Engine front

Having more engines work in same direction will help a train pull heavier loads with ease.

Having a number of leaders in the organizsation  acting like an entrepreneur in his own sphere of work and contributing to the organisation in line with the overall goals, objectives and vision of the organisation will catalyse the growth of the organisation and reach its vision faster than planned.

In many organizations, apart from challenging work environment and delegation of authority, organisations implement a number of programs to encourage intrapreneurship. These include  

a)      Encouraging innovation by continuously inviting ideas from all the employees and consider them with full regard,

b)      Back the employees with chosen ideas by offering them mentoring to let them evolve into viable businesses

c)       Support the employees with innovative ideas and a sound business model with resources at their disposal while their regular needs are taken case through fixed salaries and perks,

d)      Review periodically to ensure that the intrapreneur get due support and are on the track planned out.

e)      Encourage the intrapreneurs and back them to the hilt in times of failure and motivate them to take risks, learning from failures,

f)       Give lion’s share of the benefit derived from the success of intrapreneurs to the concerned employee and motivate them to achieve more and more.

This will foster an intrapreneurial culture where more and more employees will be motivated to think and act like entrapreneurs that will help the organisation to keep up with the spirit that has helped it be conceived in the first place.

Sometimes the intrapreneurs end up coming out with radically different business models or areas of growth which need to spun off as separate companies with the idea champion at the helm. Google, Microsoft, Infosys are some such  companies which have always encouraged intrapreneurship and enabled the employees get the double benefit of being an employee and entrepreneur.

Google encourages intrapreneurship  through its ‘Innovation Time off’ project enabling the employees to explore and work in the areas of their passion, 20% of their time. This has led to launch of a number of innovative programs.

Successful companies have a significant budget for incubating ideas of their intrapreneurs.

With the increasing trend towards entrpreneurship in the recent past, encouraging ‘Intrapreneurship’ is a sure shot way for great companies to retain, motivate and reward top talent and keep up the growth path.

EMPOWERMENT

It is indeed surprising to find that many organization today want to manage their employees by setting them objectives to be achieved but backing them with little resources.

Successful organisations are the one who let the employees go after and achieve much more than their objectives by offering them the right work environment, powers to take decisions within their own spheres that will help them in deploying the appropriate resources to achieve the set objectives and reward them when the objectives are achieved.

While the environment is meritocratic, the healthy competition and the urge on the part of the employees to live up to the management’s expectation, draws out the best from the employees and make them a motivated lot.

A  company that empowers its employees, delegates responsibility and fosters an entrepreneurial culture by a formal process of encouraging intrapreneurship is on the right path to success in the 21^st century..

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