This week #TChat tackles “intrapreneurship” with Bob Burg as our resident expert.
According to David Armano, executive VP, Global Innovation & Integration at Edelman, an intrapreneur is someone who has an entrepreneurial streak in his or her DNA, but chooses to align his or her talents with a large organization in place of creating his or her own. Smart organizations will seek out individuals who like to invent, innovate and want to be on the front lines of change. These individuals can work independently but even more important can work seamlessly as part of an integrated team structure and also effectively embrace and embody the culture of the intrapreneur’s host organization. Intrapreneurs are most successful when management/leadership empowers and supports them and in turn the intrapreneurs represent the best interests of their organizations while earning the respect of corporate peers.
Intrapreneurs, are becoming increasingly important in a global society that continues to evolve and advance with technology faster than ever. More firms are implementing intrepreneurial projects within departments to test and launch new products, services and systems. Intrapreneurs are in charge of a project within a firm where they are given autonomy to work on a project with freedom and resources, taking ownership of the success and failure of an endeavor. Implementing the changes you propose as an intrepreneur is a sales process. This role is challenging in that you have to have enough support from senior management to buy into your ideas and concepts.
How do you create a culture of Intrapreneurship?
Join #TChat Radio — Wed, Aug 28 at 6:30pmET / 3:30pmPT and #TChat Twitter — Wed, Aug 28 at 7pmET / 4pmPT for a lively discussion about Entrepreneurs Inside Your Organization!
This week #TChat turns its attention to the topic of Community. One of my favorite talks on the topic is Jono Bacon’s “The Engines of Community.”
The Art of Community can be downloaded for free here – http://www.jonobacon.org/2009/09/18/the-art-of-community-available-for-free-download/
Key Point – for an economy to work, every participant needs to believe in the economy. Belief is a critical component in how any group of people or animals functions. This can be belief in God, belief in values, or belief in a new future. Whatever the core belief is, the economy and the community can be successful only if everyone has faith in it.
- A sense of belonging is what keeps people in communities. This belonging is the goal of community building. The hallmark of a strong community is when its members feel that they belong.
- Belonging is the measure of a strong social economy. This economy’s currency is not the money that you find in your wallet or down the back of your couch, but is social capital
- For an economy and community to be successful, the participants need to believe in it. If no one believes in the community that brings them together, it fails.
- Like any other economy, a social economy is a collection of processes that describe how something works and is shared between those who participate.
- These processes, and the generation of social capital, which in turn generates belonging, needs to be effectively communicated.
Digital Habitats is another favorite of mine on the topic of community.
Digital Habitats : stewarding technology for communities – South Africa, May 2010
One of this week’s #TChat topics is Employer Education Assistance. I was able to obtain my PhD through an employee scholarship program offered at the University I worked. I still have student loans outstanding for my Masters Degree; but I did not borrow any money to receive my doctorate because of the program offered by my employer.
Join the conversation Wednesday, November 14th at 7 PM EST to discuss how we can raise awareness about retirement security and employer-provided education assistance.
Read more here – 5 Great Challenges Ahead for HR and Leaders by Meghan Biro in Forbes http://onforb.es/UCbfsH
Join #TChat on Twitter every Wednesday from 7-8 p.m. ET & 6-7 p.m. CT & 5-6p.m. MT & 4-5 p.m. PT. Search for hashtag #TChat on Twitter or your favorite Twitter client and join the conversation. Remember we welcome global input! Join in from wherever you might be.
Wednesday’s #TChat will be hosted live from the Welcome Reception of the SHRM Leadership Conference. Join moderators Donna Rogers Skowronski and Dave Ryan to discuss pressing issues affecting employers and employees!
Retirement Security – Employer-provided retirement plans are a key component of our nation’s retirement system. Together with Social Security and individual savings, employer-provided retirement plans produce significant retirement benefits for America’s working families. There are approximately 670,000 private-sector defined contribution plans covering 67 million participants and over 48,000 private-sector defined benefit plans covering 19 million participants. http://www.shrm.org/Advocacy/GetInvolved/Documents/Retirement%20Security%20Fact%20Sheet%2011-5-12.pdf
Employer-Provided Education Assistance (Section 127) of the Internal Revenue Code allows an employee to exclude from income up to $5,250 per year in assistance provided by their employer for any type of educational course at the associate, undergraduate and graduate level. Employers are not required to provide assistance under Section 127 to their employees. However, if an employer chooses to do so, the benefit must be offered to all employees on a nondiscriminatory basis that does not favor highly compensated employees. Congress has extended Section 127 ten times since it was created in 1978, most recently in 2010. Section 127, which is part of the Bush-era tax cuts, will expire at the end of this year unless Congress acts to renew it or make it permanent. Providing tax-free educational assistance is an important tool for employers. Section 127 helps to build and maintain an increasingly skilled workforce, and positions the United States to remain competitive in the global economy. Almost 20 percent of Section 127 recipients are pursuing science, technology, engineering and mathematics (STEM) degrees. More than 35 percent of all degrees pursued by Section 127 beneficiaries are master’s degrees, and, according to the National Postsecondary Student Aid Study, use of Section 127 benefits has doubled since 1994. Today, more than 1 million employees use Section 127 benefits. http://www.shrm.org/Advocacy/GetInvolved/Documents/Sec127%20Fact%20Sheet%2011-5-12.pdf
What else can #TChatters Can Do? Write your members of Congress and RAISE YOUR HRVOICE on the importance of these benefits to employees and employers! As legislation begins to move through Congress, your action will be vital in protecting Section 127 and preserving retirement benefits. http://www.shrm.org/Advocacy/Pages/SHRMA-TeamVideo.aspx Grassroots brochure available http://www.shrm.org/Advocacy/Documents/SHRM%20Advocacy%20Team%20Brochure%20-%20Final.pdf