Meet the em­ployee en­tre­pre­neur

Hindustan Times (Chandigarh) - Guide - - JOBFUNDAS - Proy­ashi Barua proy­ashi. [email protected] hin­dus­tan­times. com

If en­trepreneur­ship is your true call­ing but se­cur­ing loans, project ap­provals and le­gal sanc­tions seems like an in­sur­mount­able chal­lenge then there is good news for you. To­day many pro­gres­sive or­gan­i­sa­tions are en­cour­ag­ing an en­tre­pre­neur­ial bent of work­ing with re­spect to em­ploy­ees. Sheetal Ma­ha­jan, a Delhi based HR con­sul­tant ex­plains, “Gone are the days when pri­vate or­gan­i­sa­tions fo­cused their re­sources and en­er­gies only upon grow­ing bot­tom and top line prof­its. They want to con­trib­ute mean­ing­fully to var­ied stake­hold­ers and the na­tion at large. And this in­tent is trans­lat­ing to two im­por­tant things — one there has been an un­prece­dented pur­suit for in­no­va­tion (largely in terms of align­ing busi­ness de­ci­sions and pro­cesses more ef­fec­tively with the needs of the at­ten­dant ecosys­tem) and sec­ond there has been a pro­found em­pha­sis on em­pow­er­ing em­ploy­ees so that they, among other things, can ac­tively steer this wave of in­no­va­tion.”

Em­pow­ered em­ploy­ees are the foun­da­tion of an en­tre­pre­neur­ial work cul­ture. In the words of an HCL spokesper­son who did not wish to be quoted, “We have de­cen­tralised our decision mak­ing process and en­cour­age our em­ploy­ees to bring for­ward novel and un­strait­jack­eted ideas in ev­ery sphere of or­gan­i­sa­tional func­tion­ing. Need­less to say this has re­sulted in an en­tre­pre­neur­ial work cul­ture and we are fast wit­ness­ing the surge of a pool of em­ployee en­trepreneurs who are called in­trapreneurs.” Talk­ing about some for­mal plat­forms within HCL that pro­mote en­trepreneur­ship he con­tin­ues, “We have an on­line plat­form called Value Por­tal which is es­sen­tially a repos­i­tory of in­no­va­tive ideas that can be lever­aged by em­ploy­ees who are in the process of de­vel­op­ing new busi­ness and tech­ni­cal solu- tions for cus­tomers. We have plat­forms like Hackathon and Ekothon that are open houses for em­ploy­ees to pro­pose fresh ideas that can solve ex­ist­ing mar­ket­ing and tech­ni­cal/pro­gram­ming chal­lenges or in­tro­duce al­ter­na­tives.”

Ex­po­sure to the nu­ances of en­trepreneur­ship while em­ployed within the cor­po­rate sec­tor need not be con­fined to the do­main of hard­core busi­ness alone. With cor­po­rate so­cial re­spon­si­bil­ity tip­ping the agenda of al­most ev­ery medium and large-scale cor­po­rate, em­ploy­ees are gain­ing valu­able lessons on en­trepreneur­ship in the so­cial sec­tor. For in­stance Coca Cola’s ca­reer de­vel­op­ment cen­tre in Dasna, UP, that en­vis­ages to en­hance em­ploy­a­bil­ity of un­der­priv­i­leged youth mir­rors all the el­e­ments of a so­cial en­trepreneur­ship ini­tia­tive. “We pre­cede all our train­ing ini­tia­tives with de­tailed as­sess­ments of the com­mu­nity’s needs, chal­lenges and op­por­tu­ni­ties,” says Kalyan Ran­jan, na­tional head, public af­fairs and com­mu­ni­ca­tion, Hin­dus­tan Coca Cola Bev­er­ages Pri­vate Limited. “To en­sure global rel­e­vance and lo­cal im­pact, we choose is­sues like health and san­i­ta­tion, ed­u­ca­tion etc,” he adds.

“Need­less to say such an ap­proach would ex­pose em­ploy­ees to the 360 de­gree nu­ances of so­cial en­trepreneur­ship,” ob­serves Ma­ha­jan. About the ad­van­tages that can ac­crue to firms if an en­tre­pre­neur­ial cul­ture is en­cour­aged Ma­ha­jan says, “En­tre­pre­neur­ial firms can pave the way for bet­ter lead­ers — lead­ers with clear vi­sions who can make bet­ter and swifter de­ci­sions and op­er­ate ef­fi­ciently within con­straints of re­sources and other chal­lenges.” Adding on to this Ran­jan says, “My ob­ser­va­tion is that the lead­ers of to­mor­row will re­quire to take very in­te­grated busi­ness de­ci­sions — mean­ing they have to bal­ance the man­date of busi­ness sus­tain­abil­ity with the larger con­cerns of the sur­round­ing ecosys­tem and lead­ers with a ground­ing on so­cial en­trepreneur­ship are best equipped to meet this chal­lenge.”

Ac­cord­ing to the HCL spokesper­son some key chal­lenges that can de­ter or­gan­i­sa­tions in their en­tre­pre­neur­ial jour­ney in­clude a corpo- rate bu­reau­cracy that slows down project ap­provals, a re­fusal to al­lo­cate re­sources to new ideas, a lack of train­ing and sup­port for em­ploy- ees, low re­wards for suc­cess cou­pled with high costs of fail­ure and per­for­mance eval­u­a­tion based solely on job de­scrip­tions.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.