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| Section | Weight | Objectives |
|---|---|---|
| Applied Design Thinking | 5% | |
| Foundations – Core Innovation Knowledge & Concepts | 25% | |
| Innovation Management & The Innovation Manager | 35% | |
| Tactical Innovation & The Innovation Professional | 35% |
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NEW QUESTION # 87
________ are open, curated discussion and brainstorming forums framed around certain issues relevant to the business, facilitating broad-scale collaborative innovation where people from across a broad audience share their insights, perspectives, and ideas with one another, with the goal of using their collective "fresh eyes" to uncover a new solution to what often has been a long-standing issue.
Answer: A
Explanation:
Innovation Jams are broad, collaborative ideation events designed to gather ideas from a wide audience around a defined challenge or issue. The key signals in the question are "open," "curated discussion,"
"brainstorming forums," "broad-scale collaborative innovation," and "fresh eyes." These match the purpose of an Innovation Jam: bringing many participants together to generate, discuss, and refine ideas around a shared business problem. A hackathon is usually a time-boxed event focused on building or prototyping solutions, often technical in nature. An Innovation Tournament is competitive and typically involves teams pitching developed business opportunities to an internal venture board. An ideation forum sounds plausible, but it is too generic and does not match the formal mechanism described. Innovation Jams are specifically intended to use collective participation and diverse perspectives to surface new approaches to difficult or long- standing challenges. Therefore, D is correct.
NEW QUESTION # 88
In the Mid Zone of an innovation project, being able to develop a compelling business case for an opportunity with an accurate financial and strategic picture of it is important because such business cases get used by businesses for what?
Select one correct answer from the list:
Answer: A
Explanation:
In GInI's Innovation Management System (InMS), as detailed in theCertified Innovation Professional (CInP) Handbook, the Mid Zone is a critical phase where concepts are refined, validated, and prepared for execution.
A key deliverable in this phase is the development of a compelling business case, which includes financial projections (e.g., ROI, cost estimates) and strategic alignment (e.g., market fit, competitive advantage). This business case is pivotal for the business's "go/no-go decision gating," a formal process where leadership decides whether to greenlight the project for the Back End (development and commercialization) or terminate it to avoid resource waste. GInI emphasizes that this gate is a make-or-break moment, relying on the business case's accuracy and persuasiveness to justify investment. Option A, "strategic priority decision making," is broader and pertains to the overall innovation program, not a specific project's fate. Option B, "proceed/pivot decision gating," misrepresents the focus; it's not about data belief but about project viability. Option C,
"operational decision making," applies to Back End choices like market selection, not Mid Zone gating. The originalanswer (D) aligns perfectly with GInI's Mid Zone framework, where the business case drives the go
/no-go decision, ensuring only viable projects advance. This reflects GInI's structured approach to resource allocation and risk management, rooted in real-world business practices where executives need clear justification before committing significant capital.
NEW QUESTION # 89
Open Innovation is a concept that deals with the strategic philosophy around where and how a business goes about developing and commercializing new innovations.
Select one correct answer from the list:
Answer: C
Explanation:
Open Innovation, as defined by GInI and originally by Henry Chesbrough, is a strategic approach to sourcing and utilizing internal and external ideas and pathways for innovation development and commercialization. The CInP Handbookdescribes it as focusing on "where and how" a business collaborates-internally, with partners, or through external ecosystems-to innovate. Option A ("when") addresses timing, not strategy. C ("finding new customers") and D ("branding and marketing") are downstream activities, not the core of Open Innovation. B is the precise match.
NEW QUESTION # 90
In the long run, what is more expensive than innovating?
Select one correct answer from the list:
Answer: D
Explanation:
Identical to Q85 (repeated in original), GInI'sCInP Handbookemphasizes that "not innovating" incurs greater long-term costs than innovating-lost opportunities, declining market position, and eventual irrelevance outweigh innovation's upfront investment. Firms that stagnate face existential risks, as GInI illustrates with examples like Blockbuster versus Netflix. "Not controlling costs" (A) risks profitability but isn't strategic.
"Large dividends" (B) is tactical, not existential. "Too many brands" (D) is a misstep, not a fatal flaw. Option C aligns with GInI's stance, matching the original answer, reinforcing innovation as a necessity, not an option-a GInI principle validated by competitive dynamics.
NEW QUESTION # 91
Innovators are commonly known to have a disdain for what?
Select one correct answer from the list:
Answer: A
NEW QUESTION # 92
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