What do you plan to invest in?
How risky do you estimate, the investment is to your company
Which of the following statements best describe your approach to decide, whether or not to make the investment?
Have you worked with multiple different scenarios prior to the investment? (With scenarios we mean different outcomes of the investment)
Is the investment concretized into plans and processes
Are your employees involved in the preporations prior to investing?
Have you considered what can cause the investment to fail?
Have you considered what can make the investment give the highest possible return?
Do you have sufficient financial ressources to go through with the investment?
Can additional finances be acquired if necessary (e.g as result of unforseen surcomstances)?
Do you also have sufficient financial ressources for operations and development of the existing business?
Has ressources been set aside (time/money) to train employees in regards to the investment?
Does your employees have the nessecary time and skills to lift the investment?
Is it possible to recruit employees with the necessary skills, if the investment should require it?
Has your employees sufficient ressources to also focus on the existing business, while the investment is going on?
Are the employees ready for change, so you can achieve the advantages of the investment?
Will the business depend on few select employees, when the investment is done?
Does the business have the necessary leader ressources (time/skills) to go through with the investment?
Does the business have the necessary leader ressources to focus on the existing business, while the investment is being made?
Does a leader have responsibility for the investment being seen through and put to work subsequently?
Are there essential conflics in the business or private relations for you or anyone in the leadership(divorce, sickness og alike), that can take focus away from the business?
Have you involved external consults/auditors in preparation to the investment?
Have you or any other leader discussed the investment with people outside the business (family, friends, network, partners)?
Have you considered other peoples experience with the same type of investment in preparation to the investment?
Do you have clear expectations regarding the advantages that needs to be achieved, and the costs with the investment?
Are you planning to monitor the investment closely, and see if the expected advantages are met, and if the cost is staying within budget?
Will your internal reports clarify, if the investment is progressing as expected?
Are you ready to react, if challenges arise regarding the investment, or if the expected advantages are being realised slower than expected?