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Maha-Intrapreneur 2010
Awards
Praj Industries Limited, in association with SIBM, has launched the PRAJ MAHA-Intrapreneur Award 2010 which will undertake promotion of Intrapreneurship amongst organizations from Mumbai, Thane, Pune , Nashik, Aurangabad, Nagpur, Jalgaon , Kolhapur areas.
Praj Industries Limited is the first to launch such award in December 2008 where three Intrapreneurs were felicitated. Praj MAHA-Intrapreneur Award is a prestigious and esteemed recognition for an individual for Corporate Entrepreneurship within his organization.
Purpose
Praj thought of recognizing the spirit of enterprise through Intrapreneurship. Praj MAHA-Intrapreneur Award is an appreciation and acknowledge of the efforts of the Intrapreneur in the organization.
Who is Intraprenuer?
- The term ‘Intrapreneur’ was coined almost two decades ago. However, it has not received the same recognition as ‘entrepreneur’.
- Intrapreneurs are those managers who are result-oriented, ambitious, rational, competitive, with high risk taking ability and inquisitive mind. They are challenged by innovation and at the same time have an in-depth understanding of their organization. Intrapreneurs are comfortable with change, have clarity of direction, thoroughness, a participative management style and an understanding that they needs to work with others to achieve their goals.
- Entrepreneurship within existing organizations, can be called as ‘Corporate Entrepreneurship’ or ‘intrapreneurship’.
- An ‘Intrapreneur’ is an individual charged with pushing through innovations within an organization, in an entrepreneurial fashion.
- ‘Intrapreneurship’ is an entrepreneurial way of thinking, acting and feeling of a work community. Intrapreneurs are students of circumstances and look for ways to increase business or improve the business.. They seek alternatives and work towards innovation which is an integral part of Intrapreneurship. They have a stake in shaping the organization and know how to present it to customers with confidence, pride and assurance. Intrapreneurs have the motivation and execution skills to make “the big idea” come true, thereby fostering transformation and growth within the organization they are associated with.
The Announcement of the Launch of the Awards
Invitation:
Praj Industries Limited, in association with SIBM, has great pleasure in inviting individual nominations through the organizations to compete for “Praj MAHA-Intrapreneur Award” for the year 2010.
Benefits:
- Award winners will get recognition in the industry for themselves and their organization.
- They will receive recognition and appreciation on a bigger platform. Award winners can be invited to share their success story on the various Employers’ Associations and Forums.
- The organization will have enhanced brand value for attracting and retaining talent.
- Organizations can propagate “Culture of Intrapreneurship” in the organization through their winners.
- Awardees success stories can be published in trade journals, magazines, company website etc.
- Organizations will project awardees as role model to motivate other budding Intrapreneurs.
Award Ceremony:
Award winners will be presented a trophy of “Praj Maha-Intrapreneur Award” and “Certificate of Appreciation” at the hands of a distinguished guest from Industry and Business in a gala function in December 2010.
Panel of Judges:
- Applications will be scrutinized and evaluated by an independent Panel of Judges appointed for this purpose.
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The judging panel selects recipients based on the highest overall score on the parameters such as Leadership, Innovation and risk taking, People Management, Strategy Formulation & Implementation, Business Processes and Results.
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