Ideas Never Win, Execution Wins
The forces of globalisation, liberalisation, deregulation, and intensification of competition which are now sweeping the corporate landscape will mandate companies to explore new ways and means to enhance shareholder and stakeholder value.
There are millions of businesses and companies in the world. Have you ever wondered why certain businesses and companies succeed, while others find it challenging to get off their feet?
Many mindsets do not consider intrapreneurship or entrepreneurship as a growth path. Possessing values with limited aspiration, high attrition, a lack of business knowledge, poor employee skill alignment, and an inadequate understanding of customer desires can easily result in systemic corporate distress or operational failures.
Corporate entrepreneurship culture must be proactively inculcated. Knowing how to obtain resources, managing risk, applying rigid modeling metrics in finance, accounting, logistics, marketing, and sales is exactly what bridges the gap between potential and permanent market supremacy.
Every organisation should establish a system to expand successfull ventures, and the Role of Visionary leadership, the top management, being change oriented, creating an environment that encourages employees to think and act entrepreneurially. .