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Intrapreneurship in Enterprising Families

Key Questions

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What is the current business strategy?

  • Who are our customers?
  • Why do they buy our product/service? What differentiates us from others?
  • What is our unique selling proposition?
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How has the business evolved?

  • How has the strategy changed since the business was started?
  • What were the biggest challenges of the business to date? How were they overcome?
  • Have there been changes to the product/service since the business started? If yes, what and why?
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What would you have done differently?

  • If you could build this business from scratch, what would you do differently? Why?
  • What would the impact have been? What would be different today?
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What if resources were no issue?

  • If you had full access to resources, what would you like to do with this business?
  • Can we achieve elements of this vision, given the resources available?
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What are the greatest challenges and opportunities?

  • Where do you see the greatest challenges for the business in the next five years?
  • What opportunities do you see coming?
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Where is the industry going?

  • Is it growing?
  • Is it becoming more or less dynamic/competitive?
  • Are there major threats from new entrants?
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Intrapreneur

Members of the rising generation need to learn as much as possible about the business from the perspective of the senior generation, by asking questions such as “What is the current business strategy?” and “How has the business evolved since it was formed?”