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 21st
century..
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