A business' Innovation Strategy will - in Stage 1 of the GInI InMS - guide the business' investment priorities for its Innovation Portfolio, thus largely determining the portfolio's what?
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When the third step in the GInI Breakthrough Innovation Method - Oblique Examination - is used to address the problem space, it begins with one fundamental question, namely ______.
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In order to manage the different stakeholders to a given Innovation Project, the Project Leader must figure out what each stakeholder’s motivations are, and how to thereby leverage those to achieve, overall, what needs to be accomplished.
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A well-developed Opportunity Analysis will uncover for a business both unmet and unarticulated opportunities.
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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.
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Stage 3 of the GInI InMS is focused on evaluating and selecting new ideas for conversion into Innovation Projects.
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Context in the GInI Breakthrough Innovation Method (the first step) gives a team a clear center point to focus on and boundaries in which to channel their efforts toward a particular outcome.
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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?
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In Trendcasting, trends can only be extrapolated so far, otherwise their projections are subject to gross error.
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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.
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Several very large businesses have in recent years turned to running campaigns on crowdfunding sites—platforms traditionally reserved for entrepreneurs trying to raise funding to launch modest businesses. The main reason these large businesses use such platforms is that it allows them to market-test some of their more radical innovations by seeing how much attention, excitement, and buzz they generate on these sites.
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First-Level E&S Teams do two key things that are critical to driving the business' InMS. The second of these is to drive and facilitate __________ for choosing those ideas and opportunities that will ultimately be converted into new innovation projects.
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Engagement is what speeds up a business' innovation program and connects it with the people who give it life.
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As a Project Leader, the Innovation Manager typically drives focused innovation work inside of a portfolio of projects.
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In Technology Scouting, scouts must focus on what the technology is, how it works, and how it has been used to date and from that conceive new ways their business can use the technology, which can be a departure from how it has been used elsewhere in the past.
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Colloquially, the Front End of Innovation is referred to as Innovation’s First Mile.
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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.
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Some of the commonly-used other types of Market Research include Sentiment Analysis, Brand Tracking, and Social Media Listening.
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The three phases of Innovation Projects is a concept used to categorize __________ within specific phases of an innovation project.
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Becoming an Innovation Manager gives one a chance to make a name for themselves by ________________.
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In the long run, what is more expensive than innovating?
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"Question Storming benefits from people fully abandoning their preconceived understanding of a situation and starting over at the beginning with some very basic, fundamental questions. This is known as what?"
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To be productive, an Innovation Management System must have an effective Assimilation Process. That process will involve three activities, namely challenging, accumulating, and aggregating.
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With experience, Project Leaders learn to structure the work of their projects to ensure the necessary actions are taken to follow a good innovation process.
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Projects in the Back End must ultimately take all of the upfront work done in the Front End and Mid Zone and, via a carefully managed development process, turn that into _______________.
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Problem Reframing is the process of restating a problem from how it was originally encountered to what?
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Through stories, facts and raw data gain meaning because they simplify and clarify even the most complex information.
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"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."
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Open Innovation is a concept that deals with the strategic philosophy around where and how a business goes about developing and commercializing new innovations.
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The fifth step in the Design Thinking process serves as the junction between the Front End and Back End of Innovation.
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As an Innovation Project Leader, the Innovation Manager would generally function as both an Internal and External Leader, a situation that demands a very specific set of skills.
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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.
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In order for the business' Evaluation Group to be able to evaluate new innovation ideas and opportunities in Stage 3 of the GInI InMS, they must have what, so that they can know whether or not an idea has potential merit?
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According to Peter Drucker, in order for something to qualify as a true business innovation, it must simultaneously be what?
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After having a number of teams conduct further validation and scoping on their respective projects in the Front End, a preliminary business can compare the different opportunities against one another and then ______.
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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.
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In the fourth step in the GInI Breakthrough Innovation Method—Synthesis & Capture—teams conceptually define and document the details around any number of new solution concepts, including any feature mixes they require.
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Design Methods can be broadly grouped into four categories. The first of these is what?
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By running a Pilot in Stage 5 of the GInI InMS, an organization is better able to manage its risks, as doing so provides a safe, cost-effective approach to learning what?
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As an Innovation Professional contributing to a program of sustained innovation output in your business, you are constantly feeding what?
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