With the rapid increase in digital technology, companies need to react faster and come up with new and better services. Customers are not easy to satisfy and that is the reason why entrepreneurs now have their place in big companies, although for a long time they had none. Entrepreneurs break the rules and have ideas that are not compatible with rigid processes and protocols.
Today, the traditional top-down organisational structure is not effective enough. Now it is internal entrepreneurs who can navigate companies through unpredictable modern markets. They are good at adapting to change. How to support your inside entrepreneurs? Look at these tips from the hrzone.com website.
1. Listen to fresh ideas
A culture favourable to entrepreneurs is built through leaders being interested in and listening to them. Listening is key to identifying opportunities. It has to become a part of your company’s culture. Listen and collaborate. Think and talk about customer problems and promoting even greater value.
2. What would you do if your company was a startup?
Try to adopt something of a startup mentality. Ask yourself what you would do differently if you were just starting to do business. Try it and look for ways to create value as fast as possible.
3. Be grateful for ideas
And respect them. Send out the signal that you appreciate your employees and their ideas. People are independent and able to function autonomously where there is the appropriate company culture.
4. Look for inspiration
If you talk to the same people all the time, results will always be the same, which is why you should introduce an outside element. A formal discussion forum or a virtual gathering … anything. Listen to what others are saying: new ideas may emerge.
5. Unleash creativity
Encourage employees to find new revenues themselves. And if they succeed, reward them.
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