Is Intrapreneurship an oxymoron?
Can one apply entrepreneurial skills within the confines of a large organization? CEO Unplugged allowed us to gain an insight into the minds of Mr Michael Yap (Deputy CEO, MDA), Mr Richard Eu (Group CEO, Eu Yan Sang International Ltd) and moderator Prof Wong Poh Kam (NUS and BAF Spectrum) and hear their thoughts on intrapreneurship. Is Intrapreneurship an oxymoron? Somehow we always think that entrepreneurship cannot survive within rules but Michael believes that it is actually the attitude towards challenge that is more important. An entrepreneur is one who creates value within constraints, a show of creativity. Intrapreneurs are unique entrepreneurs who innovate and create value within the constraints of large organizations. About big organizations and startups Both large organizations and startups have their own strengths and weaknesses. While a large organization has a whole arsenal of resources, a startup is much more constrained. But even with the availability of resources in a l
