Member Benefits
Management
Create ‘change agents’ in your credit union
Eight ‘intrapreneurial’ skills to develop within employees.
You might think “innovation” is a business buzzword, but change is happening whether you’re ready or not.
And it is better to be prepared than left behind, says Michelle Somes-Booher, MBA director for the Wisconsin Small Business Development Center at UW-Madison.
A great way to embrace innovation inside your organization, Somes-Booher tells CUNA Management School students in Madison, Wis., is to encourage employees to think like entrepreneurs, or “intrapreneurs.”
Intrapreneurs take risks and solve problems inside a company in the same way an entrepreneur would in the marketplace.
Somes-Booher details eight intrapreneurial skills to develop within employees, including the ability to:
- Identify and assess opportunity.
- Pivot and make changes in your business model.
- Explore research opportunities.
- Use creative problem-solving to spur constant improvement.
- Leverage resources.
- Manage risk.
- Persevere.
- Lead with confidence, influence people, and build a team.
“Every person in your organization can be a change agent,” says Somes-Booher.
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