Podcast

1590: Intrapreneurship – Empowering Employees to Innovation

Kevin D’Silva is one of the pioneers in intrapreneurship, the process of encouraging employees to drive impactful innovation from within enterprises. He created the blueprint for the modern intrapreneur by founding Nestlé’s employee-driven innovation accelerator, inGenius. Across 108 countries, 63,000 Nestlé employees – nearly a quarter of the conglomerate’s total headcount – have generated 6,575 new ideas and launched 70 cutting-edge solutions that address some of the world’s biggest problems.

Kevin is now CEO and founder of Ideateplus, an innovation consultancy that guides companies through the intrapreneurship journey, helping them to launch new products, increase staff engagement, boost revenues, improve customer service, and reduce costs and wastage. Here’s an article Kevin recently wrote for City A.M. on how intrapraneurship can help to foster a culture of creativity and innovation.

Kevin joins me on the podcast to discuss how some of the best examples of innovation have come from within – products invented by employees within large organisations include the Post-it Note, Sony PlayStation, and McDonald’s Happy Meals. We also talk about why intrapreneurship can enable large companies to be more agile and launch new innovative products, and in turn fend off challenger startup competitors.

I learn more about Ideateplus, including its Rapid Innovation Process and why, in the era of remote working, keeping staff engaged by encouraging them to contribute to internal innovation is more important than ever.

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