What are Some Examples of Successful Corporate Entrepreneurship?
Several companies have successfully implemented intrapreneurial initiatives that have led to significant breakthroughs:
Google: The company's "20% time" policy allows employees to spend 20% of their time working on projects outside their core responsibilities. This policy has led to the development of products like Gmail and Google News. 3M: Known for its culture of innovation, 3M encourages employees to spend 15% of their time on entrepreneurial projects. This has resulted in the creation of products like Post-it Notes. Adobe: The "Kickbox" program provides employees with a toolkit and funding to develop and test new ideas, promoting a hands-on approach to innovation.