My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.


Being an Entrepreneur in the Corporate World

Entrepreneurship is not only about setting up an enterprise, but also about a corporate career
Being an Entrepreneur in the Corporate World
Image credit: Shutterstock
CEO & President, University of Petroleum and Energy Studies
3 min read
Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Business acumen is not the only facet of entrepreneurship. Although turning an idea into a viable enterprise is the primary goal of being an entrepreneur, there is much more that one can apply to a cut-throat business environment. Corporate leaders today are striving to create an entrepreneurial culture within their organisations as it empowers employees at every level.

Entrepreneurship is a skill and a mind-set defined by innovation, creativity, calculated risk-taking, and the will to adapt to diverse situations. It requires the art of communication and design thinking.

It is the modern-day corporate that has realized the importance of arming its employees with these skills. It sees its youngest recruits as no less than a young entrepreneur and looks for the same skill set in fresh out-of-college hires. In fact, these skills are regularly applicable in day-to-day functions as well.

More Than Just Talk

Communication now boils down to more than just talking or behaving in a certain manner. Campus recruiters classify entrepreneurship as a crucial skill that they look for. A few key areas they identify are: credible communication, skilled negotiator and accountable business owner.

The art of listening is extremely crucial, especially for institutions that provide the talent pool. As someone who heads a young and to an extent an entrepreneurial university, knowing industry trends, talent requirements, challenges, changing technological landscape is important for academics to remain relevant in the era of inter-discipline.  As an example, UPES was asked by a major company to include finance in the engineering curriculum.

Design Thinker

Corporate environments are usually defined by streamlined processes, but that doesn’t mean disruption should go out the window. Nobody wants to run an organization on feeling and inspiration alone, but an over-reliance on the rational and the analytical can be just as risky. There is a gradual percolation of the ‘design thinking’ in official environments. It is an unconventional approach to solutions that relies on our ability to be intuitive, to recognize patterns, to construct ideas that are emotionally meaningful as well as functional.

Design thinking modules can work wonders for educational institutions in allowing their creativity to grow along with the discipline corporates require.

The journey of becoming a successful professional begins at universities where students are the most able to inculcate an entrepreneurial skill set and learn to come up with insightful thinking. The corporate world is dynamically changing and seeks employees who excel at unconventional. Young professionals need to be able to come up with research-based analytical insights, keeping in mind the disruptive and highly-competitive environment of modern businesses, and realise these skills apply to not only the corporate world but to daily life as well.

More from Entrepreneur

Brittney's a Certified Financial Planner who can help you manage your business and personal finances and navigate the ups and downs of starting a business.
In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur