An entrepreneur is someone who,
through his or her skills and passion, creates a business and is willing to
take full accountability for its success or failure. An intrapreneur, on the
other hand, is someone who utilizes his or her skill, passion and innovation
to manage or create something useful for someone else’s business... with
entrepreneurial zest.
Though both are visionary, it is the
entrepreneur who spots an opportunity in the marketplace and has the courage
and zeal to turn this opportunity into a business. In contrast, however,
the Intrapreneur uses his or her passion, drive and skills to manage the
business or create something new and useful for the business.
The main disparity between an entrepreneur and
an intrapreneur is that an entrepreneur has the freedom to act on his or her
whim; whereas, an intrapreneur may need to ask for management’s approval to
make certain changes in the company’s processes, product design or just about
any innovation he or she needs to implement. Since an intrapreneur acts on
innovative impulses, this may result in conflict within the organization. It is
important for organizations who are implementing intrapreneurship, to create an
atmosphere of mutual respect among employees.
When it comes to resources, the intrapreneur
holds an advantage over the entrepreneur since the company’s resources are
readily available to him or her. Conversely, an entrepreneur has the difficult
task of sourcing for funding and resources on his or her own.
So, in summary…
Intrapreneurs vs. Entrepreneurs
- Entrepreneurs provide the
spark. Intrapreneurs keep the flame going.
- Entrepreneurs are found
anywhere their vision takes them. Intrapreneurs work within the confines
of an organization.
- Entrepreneurs face many
hurdles, and are sometimes ridiculed and riddled with setbacks.
Intrapreneurs may sometimes have to deal with conflict within the
organization.
- Entrepreneurs may find it
difficult to get resources. Intrapreneurs have their resources readily available
to them.
- Entrepreneurs may lose
everything when they fail. Intrapreneurs still have a paycheck to look
forward to (at least for now) if they fail.
- Entrepreneurs know the business
on a macro scale. Intrapreneurs are highly skilled and specialized.
1 comments:
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