It documents destination, strategies, schedule, expected obstacles, and expected responses. The planning process includes training yourself to become more entrepreneurial, screening your ideas, attracting a venture team, building team consensus, raising money, and getting permission to proceed. Be careful to whom you show your business plan. Before it is formally presented, you should presell the idea to the decision makers. In writing the plan, begin with your goals and then follow a table of events.
Sponsors can be CEOs, former intrapreneurs, and owners.
They must, however, be attracted naturally when the chemistry is right, not recruited. Above all, there must be trust between intrapreneur and sponsor. Successful leaders breed a hybrid organization. They set the direction, give team members freedom and respect, and listen to colleagues-but they make the final decision. They build com-mitment by focusing on the goal of the intraprise and by sharing the visionary task.