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Questions # 1:

In order to gain insights from the research we undertake and the observations we make, we have to distill down all of that information to figure out what the information is trying to tell us.

Select one correct answer from the list:

Options:

A.

Figure out what the information is trying to tell us

B.

Figure out why the pieces of information do not match one another

C.

Have far less information

D.

Determine what other information we need

Expert Solution
Questions # 2:

Design Research focuses on the interactions between people and things so that we can better understand the interfaces between them and how they are used, and thus design our offerings to optimize the user experience.

Select one correct answer from the list:

Options:

A.

The interactions between people and things

B.

The interactions between different things

C.

The interactions between different people

D.

How things that people never see operate in the background

Expert Solution
Questions # 3:

Whenever an Innovation Team must eventually hand off its project to another team somewhere down the road, if they do not first get upfront alignment from this downstream team and its leadership, that downstream team is likely to refuse to own the project, and thus drop it and let it die.

Select one correct answer from the list:

Options:

A.

Refuse to own the project, and thus drop it and let it die

B.

Complain to the business’ senior leadership

C.

Decide that innovation just doesn’t work

D.

Charge the Innovation Group for its time

Expert Solution
Questions # 4:

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:

Options:

A.

Guessing

B.

Mostly unknowns

C.

A certain amount of subjectivity and judgment

D.

A certain amount of optimistic speculation

Expert Solution
Questions # 5:

Because "The Maverick" likes to challenge the status quo, being that they are driven and hungry for doing new things, they are usually best suited for which phase of innovation work?

Select one correct answer from the list:

Options:

A.

The Mid Zone

B.

The Back End

C.

All phases

D.

The Front End

Expert Solution
Questions # 6:

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:

Options:

A.

New hypotheses behind its problem

B.

A detailed design of the concept

C.

A preliminary business plan/business case for the concept

D.

A fully-detailed financial forecast for the concept, showing its return on investment with 95% confidence limits

Expert Solution
Questions # 7:

Subject Matter Expert Platforms 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.

Select one correct answer from the list:

Options:

A.

Subject Matter Expert Platforms

B.

Crowdsourcing Platforms

C.

Open Innovation Brokerage Platforms

D.

Cross-Industry Lateral Innovation Panels

Expert Solution
Questions # 8:

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:

Options:

A.

Engagement / ideas and opportunities

B.

Fun activities / fun ideas

C.

The business innovation program / improvement ideas

D.

Mandatory participation / new suggestions

Expert Solution
Questions # 9:

For projects developing products in the Back End, the Operations team will plan out all of the necessary details for manufacture, assembly, supply-chain, and quality assurance.

Select one correct answer from the list:

Options:

A.

Component manufacture, sub-assembly manufacture, and final assembly production

B.

Manufacture, assembly, supply-chain, and quality assurance

C.

Manufacture, distribution, sales, and marketing

D.

Production, distribution, quality, and sales

Expert Solution
Questions # 10:

Stage 1 of the GInI Innovation Management System is called The Innovation Funnel.

Select one correct answer from the list:

Options:

A.

The Innovation Pipeline

B.

The Innovation Funnel

C.

The Innovation Framework

D.

The Innovation Dragnet

Expert Solution
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