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Outline two methods of promoting intrapreneurship: (i) (ii) - Leaving Cert Business - Question 10 - 2015
Question 10
Outline two methods of promoting intrapreneurship: (i) (ii)
Worked Solution & Example Answer:Outline two methods of promoting intrapreneurship: (i) (ii) - Leaving Cert Business - Question 10 - 2015
Step 1
(i) Create a supportive organizational culture
Answer
Fostering a culture where employees feel safe to make mistakes and think independently is crucial for promoting intrapreneurship. This means encouraging innovative thinking without the fear of failure. By allowing room for error, employees are more likely to explore new ideas, propose solutions, and take calculated risks.
Step 2
(ii) Provide necessary resources
Answer
Making resources available for employees is vital. This includes allocating funds, time, and access to tools or training that can help employees pursue their entrepreneurial ideas. When employees feel supported by their organization through resource provision, they are more likely to engage in innovative projects that can benefit the company.