Intrapreneur Magazine Issue 3

Page 13

MAXIMIZING INNOVATION EFFICIENCY JESSICA DAY

T

echnology seems to make the world go ‘round. Tech has become such a fundamental part of modern business life it’s hard to believe that only 30 years ago, entrepreneurs were starting businesses without a computer, smart phone, or even an Internet connection. But new innovations are changing the way we live, and some are even referencing the increase as ‘the fourth industrial revolution.’ With the development of artificial intelligence, the Internet and big data, big businesses need to act quickly, smartly, and efficiently to keep up with the latest innovations and technology. One of the ways older companies can keep up with rapid changes is by enlisting the intrapreneurs within their organization. These individuals incorporate an entrepreneurial mindset within a large, established business and can address new market opportunities, develop new ways of

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