As the Mayan calendar comes to an end we are reminded that each ending brings a new beginning. Despite the claims that the world will end, a more popular belief is that we are at the beginning of a new era.
An era that is full of opportunity, hope and new challenges. The old ways are no longer working. We’ve reached a point of diminishing returns. It is not only society that is facing massive problems, our governments, and our businesses as well.
After teaching a semester on Social Change at Suffolk University I realized that the world is changing at an accelerated pace and that most individuals and organizations are not keeping pace with that change. Most of us resist and fear change, we are threatened by it.
We look for answers outside of us, when in fact the answers lie within us. We are responsible for the problems that exist and for finding the solutions that will fix them.
Many organizations are struggling to grow in the current economic climate. The issue is that for far too long organizations have relied on exploiting the core business. They have failed to fully embrace the value of exploring new ones. They have let the past guide them to a point that is no longer productive, sustainable or profitable. They have become trapped by their own success.
Intrapreneurship is now seen as an answer to this situation. Organizations that are instituting Intrapreneurship are taking advantage of the opportunity to change their business model and set out in a new direction. They are putting the words of Peter Drucker into action, “The best way to predict the future is to create it.”
Intrapreneurship (corporate entrepreneurship) is the key to unlocking the huge potential that still exists in large organizations. It requires a new type of person, new processes and systems and a culture that is conducive to innovation and entrepreneurship. It requires new thinking, new behaviors and a different approach to decision making. It requires looking at the world through a new lens.
As the Mayan calendar ends we see the beginning of a new era in business. An era where large organizations act more like start-ups, engage their employees in exploration and find new and innovative solutions to some of the world’s most pressing challenges.
Organizations will find themselves going back to their roots. To the entrepreneurial infrastructure and mindset that was the foundation for their growth
In doing this these organizations will renew themselves and re-energize their employees to achieve things that seemed beyond their reach. Employees will find new meaning and purpose in work. They will be creating a new era of business for the next generation to follow.