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Questions # 21:

Stage 6 of the GInI Innovation Management System is called __________ and defines the business' __________

Select one correct answer from the list

Options:

A.

Scale / Innovation Payback

B.

Pilot / Innovation Proving Ground

C.

Initiation / Innovation Pipeline

D.

Selection / Innovation Funnel

Expert Solution
Questions # 22:

In the GInI Innovation Management System, the concept of "Innovation Velocity" refers to the speed at which a business can move an idea from initial conception through to market launch. What is the primary factor that Program Leaders must optimize to enhance Innovation Velocity across all phases of the innovation process?

Select one correct answer from the list:

Options:

A.

Resource allocation to ensure adequate funding and staffing

B.

Cross-functional collaboration to reduce silos and accelerate decision-making

C.

Rapid prototyping to test ideas quickly and refine them iteratively

D.

Executive sponsorship to secure top-down support and remove roadblocks

Expert Solution
Questions # 23:

Having a proposed new innovation fail is acceptable so long as the Innovation Team is able—through various "stress-test" business experiments—to force it to fail early on, rather than at the Eleventh Hour, so that the team avoids unnecessarily wasting resources.

Select one correct answer from the list:

Options:

A.

convince the business to move forward with it anyway

B.

justify why they pursued the concept in the first place

C.

force it to fail early on, rather than at the Eleventh Hour

D.

eventually get it to work

Expert Solution
Questions # 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:

Options:

A.

The concept with the highest likelihood of being popular among customers

B.

The concept with the greatest financial return to the business

C.

The concept with the highest probability of being the optimal and ideal solution for the situation

D.

The concept with the least amount of risk associated with it

Expert Solution
Questions # 25:

The second major step of the Design Thinking process is made of which three action steps?

Select one correct answer from the list:

Options:

A.

Empathize / Ideate / Test

B.

Imagine / Test / Define

C.

Ideate / Experiment / Design

D.

Empathize / Experiment / Define

Expert Solution
Questions # 26:

To be productive, an Innovation Management System must have an effective Assimilation Process. That process will involve three activities, namely challenging, accumulating, and aggregating.

Select one correct answer from the list:

Options:

A.

Mocking, choosing, and lumping

B.

Asking, gathering, and sorting

C.

Challenging, accumulating, and aggregating

D.

Provoking, picking, and clustering

Expert Solution
Questions # 27:

The aim of ________________ is to collect feedback from a large number of respondents in order to reveal specific patterns in their responses that yield new insights for researchers.

Select one correct answer from the list

Options:

A.

quantitative market research

B.

design research

C.

qualitative market research

D.

user research

Expert Solution
Questions # 28:

The third step for projects in the Mid Zone is for teams to craft a winning Go-To-Market Strategy. This strategy addresses when, where, how, and by whom the offering will be ______ so that it is able to optimally connect with a particular market and that market's need.

Select one correct answer from the list:

Options:

A.

produced, marketed, sold, and distributed

B.

sponsored, promoted, endorsed, and otherwise marketed

C.

made, advertised, listed, and shipped

D.

manufactured, assembled, inspected, and approved

Expert Solution
Questions # 29:

The final step for projects in the Back End is to ramp up production and deliver of the offering. This completes the process of taking a new idea from concept to reality, and - because of scaling up the offering - is where the business will finally begin to do what?

Select one correct answer from the list

Options:

A.

Realize its return on the investment.

B.

Reward the team that launched the offering.

C.

Relax and enjoy the benefits for the next several years.

D.

Be able to tout how innovative it is.

Expert Solution
Questions # 30:

Brainstorming, also known as Structured Ideation, is a process where teams do what to generate novel new ideas?"

Select one correct answer from the list:

Options:

A.

Tell compelling stories to one another.

B.

Challenge each other to individually come up with the best ideas.

C.

Pool their collective intelligence.

D.

Crowdsource new ideas from the public.

Expert Solution
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