Gifford Pinchot, CEO of Pinchot & Company and Co-founder and President of Bainbridge Graduate Institute, USA in his keynote during the opening of the world’s first Intrapreneurship Forum highlighted the importance of creating innovation as a culture across the board.
The founder of Intrapreneur concept, Pinchot, says the intrapreneur serves as an essential ingredient in every innovation.
Dr. Gifford Pinchot, being a global leader in intrapreneurship will also lead Executive Management Workshop on intrapreneurship on Monday.
The Firm (TF), an international private members networking organization for business development and intrapreneurship, termed the first day of the Global Intrapreneurship Forum 2012 a success.
The event is being held in Bahrain on May 27-28 2012 at the Gulf Hotel under the patronage of the Minister of Commerce and Industry, Dr. Hassan Fakhro.
The event’s launch marked the first ever global conference of its kind dedicated to supporting the development of intrapreneurship and innovation within corporations and SMEs as well as among investors and individuals.
The Forum’s inaugural day saw global and regional business leaders discuss the importance of intrapreneurship in further growth and development both on a company and economy level and specific challenges to include: How to channel intrapreneurial energy into our economies and How to develop the market-place for intrapreneurship,
The Forum discussed the imperative for the regional companies to become intrapreneurial themselves and take calculated risk in order to create new ventures from within that utilize the skills, expertise and know-how of their employees. This is a key means for quickly enhancing the pace of economic development and growth in our economies.
Other key speakers of the Forum will include Dr. Saad Al Barak, former CEO of Zain Group Kuwait, and Dr Hamad AlOmar and Dr. Sultan Bahabri from KSA.
“We are delighted to mark the launch of the world’s first forum dedicated solely to supporting intrapreneurship. We are especially pleased to be hosting the event in the Kingdom of Bahrain, known as a regional hub for business, trade and finance. The core concept of intrapreneurship is to help those individuals working within large corporations and SMEs better understand how they can leverage their deep industry knowledge and understanding of the business gaps within their sectors to create profitable, new concepts and companies. We are pleased to say that the inaugural session of the Forum has gone some way towards giving participants insight on the steps and resources required to do exactly this. On the first day, we heard from global and regional business experts with great success in building strong and viable commercial ventures. Day two will focus on imparting to executives and mangers the tools to build and foster the spirit of intrapreneurship within their organizations and in doing so achieve growth,” Abdullah AlSubyani, Founder and CEO of The Firm, in his opening remarks said.
The highlight of the Forum’s day two will be an “Executive Management Workshop on Intrapreneurship,” which will be delivered by Gifford Pinchot and will be opened by the Forum’s Patron, Dr. Hassan Fakhro. The Workshop is designed for business leaders at corporations and SMEs and will focus on encouraging them to develop internal intrapreneurship cultures and programs within their organizations. It will share best practices to foster talent and drive the development of new ideas and ventures.
The Forum is being supported by a number of leading public and private sector organizations. Tamkeen is the Forum’s “Intrapreneurship Partner” and the Bahrain Chamber for Dispute Resolution (BCDR) a Gold Sponsor. Other supporters include: The Federation for the Gulf Chambers of Commerce (FGCC), Bahrain Society of Engineers, Gulf Air, the event’s Official Airline, and Zawya, 24X7 News the Media Sponsors.