The RACE SET UP



Question 1: Kickstart Your Idea

You are fascinated by drones and observe a growing market. You believe this is the market insurers can enter.

What is your next step?

Question 2: Conduct Business Research

You are excited about your business idea and want to see it through.

Pick a source of information to increase market knowledge about drone insurance.

Question 3: Define Your Role

You are driving the new insurance project for drones.

Besides your leading function, what kind of expertize would you bring to your team?

Question 4: Hire the Right People

You’ve set up a team with experts from various business areas and now need to hire an experienced drone expert to consult.

Which candidate would you select?

Question 5: Outperform the Market

Pick a service that will make your product portfolio different from competitors.

Question 6: Market Your Product

The ways in which drones are being used is continuously expanding.

Pick a marketing strategy to make potential customers aware of your insurance product.

Question 7: Act with Responsibility

As an entrepreneur, you bear social and environmental responsibility.

Pick your preferred strategy.

Question 8: Grow Your Business

You had a successful first half of the year.

Choose a strategy to expand your services.

Question 9: Employee Satisfaction

Choose a strategy to increase employee satisfaction and motivation across your organization.

Kickstart Your Idea

You are fascinated by drones and observe a growing market. You believe this is the market insurers can enter.

What is your next step?

  • Analyze potential market segments to find a niche.
  • Share your idea and mobilize others to build a team.
  • Listen and consider all questions and concerns.
  • Create a business plan with guidance from entrepreneurs and drone experts.
Progress
RACE LEVEL 1

QUESTIONS 1-6

1
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Conduct Business Research

You are excited about your business idea and want to see it through.

Pick a source of information to increase market knowledge about drone insurance.

  • Engage with drone users to explore use cases and potential risks.
  • Research existing industry benchmark studies.
  • Seek points of view from insurance and marketing experts. Liaise with drone associations.
  • Explore approaches to engage with online communities to gather feedback.
Progress
RACE LEVEL 1

QUESTIONS 1-6

2
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Define Your Role

You are driving the new insurance project for drones.

Besides your leading function, what kind of expertize would you bring to your team?

  • Sales
  • IT/Digitization
  • Risk Management / Actuarial
  • Underwriting
  • Customer Care/Operations
  • Finance/Asset Management
  • Marketing & Communications
  • Human Resources
  • Legal
  • Business Development / Consulting
Progress
RACE LEVEL 1

QUESTIONS 1-6

3
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Hire the Right People

You’ve set up a team with experts from various business areas and now need to hire an experienced drone expert to consult.

Which candidate would you select?

  • Strives for excellent results using customer orientation to improve solutions.
  • Generates excitement among people to establish collaborations around the world.
  • Fights for innovative ideas, taking risks and responsibility to achieve better solutions.
  • Avoids risks and ensures existing approaches are followed.
Progress
RACE LEVEL 1

QUESTIONS 1-6

4
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Outperform the Market

Pick a service that will make your product portfolio different from competitors.

  • Develop the first policy to protect drone users from hostile take-overs and cyber criminality.
  • Reduce rates for government organizations inspecting landscapes destroyed by natural catastrophes.
  • Offer a safety education program to reduce accidents due to high rates of untrained hobby pilots.
  • Develop products identified by a benchmark study of other insurers' cover.
Progress
RACE LEVEL 1

QUESTIONS 1-6

5
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Market Your Product

The ways in which drones are being used is continuously expanding.

Pick a marketing strategy to make potential customers aware of your insurance product.

  • Get a well-known drone expert to attest to the quality of your service.
  • Collaborate with a drone manufacturer to promote your product.
  • Use holographic projections at fairs to get drone specialists’ attention.
  • Sponsor a drone racing event in association with a charity.
Progress
RACE LEVEL 1

QUESTIONS 1-6

6
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Act with Responsibility

As an entrepreneur, you bear social and environmental responsibility.

Pick your preferred strategy.

  • Reduce your carbon footprint by using new technologies.
  • Collaborate with a technical university to facilitate drone research and capability building.
  • Be a conference speaker promoting the benefits of a diverse team.
  • Your priority is to focus on business goals. Social responsibility projects can be addressed later.
Progress
RACE LEVEL 2

QUESTIONS 7-9

7
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Grow Your Business

You had a successful first half of the year.

Choose a strategy to expand your services.

  • Learn how to outperform competitors by improving your online marketing activities.
  • Challenge institutional barriers to build a collaborative relationship with upcoming drone-fleet-rental service providers.
  • Develop your employees’ motivation and efficiency through coaching.
  • Design an innovative mobile app for customers to manage services more independently.
Progress
RACE LEVEL 2

QUESTIONS 7-9

8
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Employee Satisfaction

Choose a strategy to increase employee satisfaction and motivation across your organization.

  • Try a new job swap program to work on expanding the team’s capabilities.
  • Increase transparency by creating an internal online platform to exchange feedback and leverage idea sharing.
  • Introduce a ‘work from anywhere’ policy to enhance flexibility and the team’s wellbeing.
  • During growth, employees should focus on deliverables.
Progress
RACE LEVEL 2

QUESTIONS 7-9

9
    DRONE SCORE
  • Entrepreneurship
  • Collaboration
  • Trust
  • Market Excellence

Leaderboard

  • RACE POS.
  • DRONE
  • SCORE

Click for level 2 to complete your profile

Results

  • RACE POS.
  • DRONE
  • SCORE

RACE OVER