Will you follow footstep of successful family-owned business


Problem 1: Have you ever experienced a situation where you were assigned to accomplish a task that you felt was beyond your skill? If yes, what did you feel and what did you do to overcome the challenge?

Problem 2: Have you ever experienced a situation that you had to be a "jack of all trades" (or make little bit of everything) to accomplish an assigned task? If yes, what did you feel and what did you do to ensure a successful outcome?

Problem 3: Imagine that you will establish your own business within the next 5 years. Which of the organizational structures and/or fundamental principles do you think would be most useful to you? Why?

Problem 4: What are your thoughts about family-owned businesses being some of the biggest business groups in the Philippines (e.g., SM group of companies by the Sy family, Robinson's group of companies by the Gokongwei family, etc.)? Do you think a "familial" structure and/or "clan" culture contributed to their success in business? Why/why not?

Problem 5: Imagine that you will establish your own business in the next 5 years. Will you follow in the footsteps of successful family-owned businesses (in terms of organizational design), or would you rather make your own path in the business world? Why?

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