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182: The Intrapreneur | Louis Gump

182: The Intrapreneur | Louis Gump

FromThe Leadership Enigma


182: The Intrapreneur | Louis Gump

FromThe Leadership Enigma

ratings:
Length:
45 minutes
Released:
Jan 29, 2024
Format:
Podcast episode

Description

Louis Gump is a digital veteran. He was at the heart of the digital revolution in 2001 as part of the team at The Weather Channel and then moved to helping CNN develop their first ever mobile app based approach to expanding their audience across the world. Louis is now also the author of 'The Inside Innovator' which is an Amazon Bestseller. I ask Louis about the current issue of 'fake news' and the polarisation of society. He considers this to be one of the most important issues facing us today. He says that 'reliable and professionally produced news that is fact based is critical to our society.'Intrapreneurship is described by Louis as 'creating value through innovation and growth through a larger organisation.' He explains that it remains the close cousin of the entrepreneur.Some organisations fear that great intrapreneurs will want to become entrepreneurs and exit the business to start their own ventures. Those who embrace their intrapreneurs find that the benefits outweigh the perceived risks. Why would you want to encourage intrapreneurs? One primary reason is that they drive a large proportion of the future value of companies and it helps train the next generation of leaders within.   Another critical aspect of intrapreneurship is the acceptance of a degree of risk and failure and self understanding that the success will come from failure. Failure to keep reinventing can lead to examples such as Kodak and Blockbuster. Many CEO's fear their organisations becoming irrelevant in an era of constant change. Disruption comes as a function of being a steward of a companies brand. Leaders listening to this episode need to:  1. Create a budget for intrapreneurship2. Ensure the budget goes to the right people and ideas3. Consider what evaluation criteria you need to put in place that match the task. The key message is identify your most promising talent and give them assignments to innovate. It delivers results for the business and trains the leaders of tomorrow.  The key traits in identifying the right talent include: 1. Curiosity2. Action oriented3. Ability to build bridges 4. Risk tolerance 5. Grounded optimismwww.louisgump.comWatch & Subscribe: ? https://www.youtube.com/@theleadersenigma/videosListen & Subscribe: ?️ https://open.spotify.com/show/5NSnRyHzPmyY5OWhGzKU5Pwww.leadersenigma.com
Released:
Jan 29, 2024
Format:
Podcast episode

Titles in the series (100)

As the world constantly changes, then today is a simple as it gets! It’s your leadership capabilities that will make the difference for your business, your people and your success. Each week Adam Pacifico, leadership expert, author, opinion columnist and barrister will be joined by global experts, academics, rising stars, ambitious upstarts and disruptors across sectors, disciplines and geographies as we push, prod and provoke 'The Leadership Enigma.' Whether you are an entrepreneur, business owner or seasoned corporate executive, this show will uncover the tools, techniques, strategies and lessons learned to catapult your leadership capabilities in preparation for success in a constantly changing landscape. The Leadership Enigma is an award winning globally ranked show powered by Transform Performance International. www.leadersenigma.comYouTube Channel:https://www.youtube.com/@theleadersenigma