Free Cram & Latest Exams Dumps

QUESTION 11
_____ are a lighter approach to Open Innovation where engagements are curated with SMEs, thus allowing a business to gain access to a wide variety of insights and learn critical information about a particular industry, market, technology, or business process.

QUESTION 12
Innovation Professionals are called upon to use their creativity in order to resourcefully arrange things in new ways to arrive at some desired new end point.
Select one correct answer from the list:

QUESTION 13
For projects in the Back End, once a pilot demonstrates the commercial viability of the offering, the effort is passed on to the next stage, where it is ramped up to full-scale capacity via various capital investments.
Select one correct answer from the list:

QUESTION 14
In Stage 5 of the GInI InMS, the purpose of a Pilot is to provide a final grand opportunity for commercial validation of the concept, allowing the business to develop greater confidence that its hypothesis and solution were both valid, and thus the offering will be capable of scaling to its full expected potential.
Select one correct answer from the list:

QUESTION 15
Stage 1 of the GInI Innovation Management System is called The Innovation Funnel.
Select one correct answer from the list:

QUESTION 16
Innovation Management is largely about two activities, namely driving engagement for bottom-up participatory innovation, and then collecting, evaluating, and selecting the ideas and opportunities that result from this.
Select one correct answer from the list:

QUESTION 17
Breakthrough Innovation is characterized by completely new offerings within existing categories that substantially raise the bar on the value or experience delivered.
Select one correct answer from the list:

QUESTION 18
To craft a compelling story, Innovation Teams must skillfully weave together a narrative around their challenge that does what to the listener?
Select one correct answer from the list:

QUESTION 19
Organizations should be aware that in the Evaluation process of Stage 3 of the GInI InMS, the confidence level around certain metrics can be low given how far out in time they are from the present, and thus a certain amount of subjectivity and judgment will be inherent in the process.
Select one correct answer from the list:

QUESTION 20
“Several very large businesses have in recent years turned to running campaigns on crowdfunding sites. One of the more important reasons these businesses use such platforms is that it affords them the opportunity to
______ their concepts, under the assumption that concepts that see good traction on these platforms will see good traction in the general market, and conversely concepts that see poor traction on these platforms will see low demand in the general market and should thus be abandoned.” Select one correct answer from the list:

QUESTION 21
Venture Scouting is used to search out and find new startup ventures a business can invest in – a practice known as _____.

QUESTION 22
Colloquially, the Front End of Innovation is referred to as Innovation’s First Mile.
Select one correct answer from the list:

QUESTION 23
The fifth step for projects in the Front End is for teams to work toward defining an optimal solution to the problem at hand, using different Innovation Methods. Their job is to consider and test many different solution concepts, and ultimately select the concept with the highest probability of being the optimal and ideal solution for the situation.
Select one correct answer from the list:

QUESTION 24
The fifth step for projects in the Front End is for teams to work toward defining an optimal solution to the problem at hand, using different Innovation Methods. Their job is to consider and test many different solution concepts, and ultimately select the concept with the highest probability of being the optimal and ideal solution for the situation.
Select one correct answer from the list:

QUESTION 25
As a Project Leader, the Innovation Manager typically drives focused innovation work inside of a portfolio of projects.
Select one correct answer from the list:

QUESTION 26
Technology Innovation is any new innovation that delivers greater value and/or a better customer experience as a direct consequence of using a new technology.
Select one correct answer from the list:

QUESTION 27
Developing a concept further following its selection by an Evaluation Group often involves the creation of a preliminary business plan/business case for the concept.
Select one correct answer from the list:

QUESTION 28
When initiating a brainstorming session, the facilitator would pose 2-3 questions to frame the challenge and thus establish the context for the session.
Select one correct answer from the list:

QUESTION 29
Build to Empathize is one of the 12 Purposes of Prototyping in which we build prototypes to develop a deeper understanding of the customer and of their world / situation / problem.
Select one correct answer from the list:

QUESTION 30
Innovation is an acquirable mentality and skillset.
Select one correct answer from the list:

QUESTION 31
When finished with a particular brainstorming session, a group would typically cluster the resulting ideas and concepts using Affinity Analysis.
Select one correct answer from the list:

QUESTION 32
In Trendcasting, trends can only be extrapolated so far, otherwise their projections are subject to gross error.
Select one correct answer from the list:

QUESTION 33
The fifth step of the GInI Breakthrough Innovation Method is known as __________________, and is intended to give teams extended time in which to further develop select concepts.
Select one correct answer from the list

QUESTION 34
Breakthrough Innovation is characterized by completely new offerings within existing categories that substantially raise the bar on the value or experience delivered.
Select one correct answer from the list:

QUESTION 35
Because “The Questioner” has a natural curiosity that drives them to ask lots of probing questions about a situation, they are usually best suited for which phase of innovation work?