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Create Change Agents in Your Credit Union
Thursday, July 26, 2018 6:40 AM

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.

Source: CUNA News