The Role of the CEO in creating an intrapreneurial culture
Senior Leadership have a crucial role to play in “humanizing” their organizations and developing a culture in which intrapreneurship can flourish. Yet too many great ideas wither on the vine or successful intrapreneurs check-out, burn-out or simply leave due to a lack of support from the top. In these turbulent times of the COVID-19 pandemic combined with social backlash from long standing racial inequities in the US and beyond, the stakes have never been higher .
Gib Bulloch, Founder of Accenture Development Partnerships knows first hand the challenges of trying to drive change bottom up, having chronicled his journey in his first book, The Intrapreneur: Confessions of a corporate insurgent, In this interactive and fast paced session, he’ll ask three of the world’s top CEOs, Paul Polman, former CEO of Unilever, Tania Cosentino, CEO, Microsoft Brazil and Bill Winters, CEO of Standard Chartered about the role leadership can play in nurturing and incentivizing bottom up innovation, protecting the aspiring intrapreneur from the “corporate immune system” and harnessing the power of intrapreneurship to “build back better”.
CEo of Standard Chartered,
Bill Winters was appointed co-head of JP Morgan’s investment bank along with Steve Black in 2004; Winters was based in London while Black’s office was in New York City. Winters earned much credit for helping the investment bank avoid “structured products and off-balance sheet vehicles that crippled global markets because they didn’t make financial sense”, as well as his leadership in the acquisition of ailing rival investment bank Bear Stearns in March 2008. However, Winters was ousted from his position in 2009 amid reports that he wanted to succeed the CEO Jamie Dimon.
Black was replaced by Jes Staley who was named the new CEO of the investment bank, although Black stayed on as chairman of that unit until his retirement in 2011.
In February 2011, Winters founded the hedge fund Renshaw Bay. He put up half the money, with investors Jacob Rothschild and Johann Rupert putting up the balance.
Winters participated in a charity video entitled “Life’s a Pitch” alongside other senior financial managers, which was shown at the Young Vic theatre London in 2013 and raised £250,000.
Winters received a CBE in 2013.
In February 2015, it was announced that Winters would replace Peter Sands as CEO of Standard Chartered in June 2015.
Author, The Intrapreneur: Confessions of a corporate insurgent
Having spent 25 years in the corporate world, much of it heading up Accenture’s maverick “not-for-loss” social enterprise, Accenture Development Partnerships, Gib Bulloch left in 2016 to write his first book, “The Intrapreneur: Confessions of a corporate insurgent.” He currently writes, consults and speaks on a range of topics relating to purpose-driven business and is the Founder of the Craigberoch Business Decelerator.