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Companies like IKEA and Accenture are following in Google's footsteps to stay ahead of the curve

Posted On: Sep 16, 2018   |   Posted By: Business Insider

Companies like IKEA and Accenture are following in Google's footsteps to stay ahead of the curve

Home Depot , IKEA, and Accenture are examples of major companies with innovation labs.
The labs are designed to attract the brightest minds in technology, giving them a place to channel their entrepreneurial spirit with the security of working for an established organization.
Companies benefit too, because they're less likely to lose their top talent to the startup world.
Alphabet, Google's parent company, has a famous innovation lab called X.
"It's like being an entrepreneur," said Tomas Chamorro-Premuzic, "minus the risk."
Chamorro-Premuzic, a psychology professor at Columbia University and the chief talent scientist at Manpower , was referring to "intrapreneurship." It's a general term for acting like a company founder, but within the confines of an established organization - typically in what's called a corporate innovation lab. Think X, Alphabet's research and development team that's also been called a "moonshot factory."
Across industries, intrapreneurial opportunities have grown relatively common. And...

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