Prior To Beginning Work On This Final Presentation Review
Prior To Beginning Work On This Final Presentation Review The Materia
Prior to beginning work on this final presentation, review the material presented in the EI Games Presentation Skills course and the assigned readings for Weeks 1 through 6. During the past six weeks, the roles of the intrapreneur and entrepreneur were described and analyzed. There are significant differences in the skills needed to succeed in either role; however, there are common skills required for each. In your audio PowerPoint presentation, analyze 10 skills that are common to both an intrapreneur and the entrepreneur as they would apply in a global context. Identify key competencies needed for the entrepreneur and intrapreneur in a global context. Determine how these competencies apply to organizational success in a global context. For this class, the final presentation will apply to Folio. Be sure to upload your presentation to Folio. Learn more about Folio, the University of Arizona Global Campus’s ePortfolio tool, by reviewing the Folio Quick Start Guide and the Folio Best Practices Guide to learn more about how to add projects to Folio. The Intrapreneur and the Entrepreneur Analysis final presentation, must be six to eight slides in length (not including title and references pages) and formatted according to APA Style as outlined in the Writing Center’s How to Make a PowerPoint Presentation resource. The presentation must include a separate title page with the following: title of presentation in bold font; space appearing between the title and the rest of the information on the title slide; student’s name; name of institution (University of Arizona Global Campus); course name and number; instructor’s name; date submitted. The presentation must use at least two credible and/or scholarly sources in addition to the material presented in EI Games: Presentation Skills Course. The Scholarly, Peer-Reviewed, and Other Credible Sources table offers additional guidance on appropriate source types. If there are questions about whether a specific source is appropriate, contact your instructor. The instructor has the final say about the appropriateness of a specific source for this assignment.
Paper For Above instruction
The dynamic landscape of global business requires both intrapreneurs and entrepreneurs to possess a core set of competencies that facilitate innovation, leadership, and organizational success. Although these roles have distinct boundaries—where entrepreneurs initiate ventures independently, and intrapreneurs foster innovation within existing organizations—they share several vital skills essential for thriving in an interconnected world. This paper explores ten skills common to both roles in a global context, examining their implications for organizational success and elaborating on the key competencies necessary for effective performance.
1. Innovation and Creativity
Both intrapreneurs and entrepreneurs must demonstrate a high level of innovation. In a global environment, this skill enables the creation of unique value propositions and adaptation to diverse markets (Shane, 2012). Creativity serves as a catalyst for developing novel solutions tailored to different cultural and economic contexts, fostering competitive advantage.
2. Strategic Thinking
Strategic thinking involves the capacity to see the big picture and plan long-term goals effectively. In international markets, strategic planning must consider geopolitical, economic, and social factors (Grant, 2016). Both roles require anticipating potential challenges and leveraging opportunities across borders.
3. Leadership Skills
Effective leadership is critical in motivating teams and steering projects toward success. Global leadership necessitates cultural intelligence and adaptability to manage diverse teams (Mendenhall et al., 2017). Whether working internally or externally, strong leadership drives organizational resilience.
4. Risk Management
Global markets are inherently uncertain, demanding a robust understanding of risk. Intrapreneurs and entrepreneurs must evaluate and mitigate risks associated with international expansion, currency fluctuations, or political instability (Jorion, 2007). Competence in risk management ensures sustainability and growth.
5. Communication Skills
Clear, persuasive communication is essential for articulating visions and negotiating with international stakeholders. Multilingual abilities and cultural sensitivity enhance communication effectiveness (Kenny & McKinney, 2019). Strong communicative competence builds trust in global partnerships.
6. Financial Acumen
Understanding financial principles allows for better resource allocation and budgeting. In a global context, this skill involves managing varying currencies and financial regulations (Hitchner, 2017). Financial literacy supports sustainability and scalability.
7. Adaptability and Flexibility
The capacity to adapt strategies based on evolving market conditions is crucial. In a global setting, adaptability facilitates responsiveness to cultural differences and regulatory changes (Yukl, 2013). Flexibility enables continuous innovation and organizational agility.
8. Networking and Relationship Building
Establishing and maintaining relationships across borders enhances market access and knowledge sharing. Global networking involves leveraging international partnerships and cultural rapport (Sullivan & Heitger, 2013). This skill accelerates business growth and knowledge transfer.
9. Technological Competency
Proficiency with digital tools, data analysis, and communication platforms supports innovation and operational efficiency. In a global environment, technological skills enable remote collaboration and real-time decision-making (Brynjolfsson & McAfee, 2014).
10. Ethical Perspective and Cultural Sensitivity
Operating ethically and respecting cultural differences build trust and credibility worldwide. Both roles require awareness of global corporate social responsibility standards and ethical considerations (Donaldson & Speechley, 2013). These competencies foster sustainable international relationships.
Implications for Organizational Success in a Global Context
The integration of these skills enhances organizational effectiveness by fostering innovation, resilience, and competitive advantage across markets. For intrapreneurs, cultivating these competencies helps embed a culture of continuous improvement within organizations. For entrepreneurs, these skills are vital for navigating the complexities of entering new markets independently. Together, they contribute to organizational adaptability, fostering a global mindset that drives strategic success in increasingly interconnected markets.
Conclusion
In a globalized economy, the roles of intrapreneurs and entrepreneurs converge in the necessity for critical skills that promote innovation, strategic foresight, and cultural sensitivity. Equipping individuals with these competencies ensures they can effectively manage risks, foster relationships, and lead organizations toward sustainable success in international markets. By understanding and developing these ten shared skills, organizations are better positioned to compete and thrive in the ever-evolving global landscape.
References
Brynjolfsson, E., & McAfee, A. (2014). The second machine age: Work, progress, and prosperity in a time of brilliant technologies. W. W. Norton & Company.
Donaldson, T., & Speechley, G. (2013). Managing business ethics. Pearson Education.
Grant, R. M. (2016). Contemporary strategy analysis: Text and cases. Wiley.
Hitchner, J. (2017). Financial literacy for millennials: A practical guide to financial independence. Wiley.
Jorion, P. (2007). Value at risk: The new benchmark for managing financial risk. McGraw-Hill.
Kenny, M. E., & McKinney, K. A. (2019). Cross-cultural communication. Routledge.
Mendenhall, M. E., Reiche, B. S., Maddux, W. W., & (2017). Leading with cultural intelligence. Routledge.
Shane, S. (2012). The public venture capital role: Investing in entrepreneurial ecosystems. Edward Elgar Publishing.
Sullivan, P. S., & Heitger, D. L. (2013). International business: Competing in the global marketplace. Cengage Learning.
Yukl, G. (2013). Leadership in organizations. Pearson Education.