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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Innovation Management & The Innovation Manager | 35% | |
| Topic 2: Applied Design Thinking | 5% | |
| Topic 3: Foundations – Core Innovation Knowledge & Concepts | 25% | |
| Topic 4: Tactical Innovation & The Innovation Professional | 35% |
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NEW QUESTION # 246
Innovation is an acquirable mentality and skillset.
Select one correct answer from the list:
Answer: D
Explanation:
GInI's foundational philosophy, as articulated in theCInP Handbook, posits that innovation is not an innate trait but a "mentality and skillset" that can be learned and developed through practice, training, and exposure to structured methods. Option A, "in-born," contradicts this by suggesting it's genetic. Option B, "extremely common," overstates its prevalence without training. Option C, "extremely rare," undermines GInI's mission to democratize innovation skills. D, "acquirable," reflects GInI's belief in teachability, aligning with the question's statement and the original answer. This is a core tenet of the CInP certification itself.
Reference:GInICInP Handbook, Introduction to Innovation Competencies.
NEW QUESTION # 247
Venture Scouting is used to search out and find new startup ventures a business can invest in - a practice known as _____.
Answer: C
NEW QUESTION # 248
The jumping off point for ____ is a detailed profile of the business, from which it considers the various ways in which the world is changing and how that impacts the business and its business models.
Answer: B
Explanation:
In the context of the GIMI Breakthrough Innovation Method , Market Profiling serves as the initial step, where a comprehensive profile of the business is established. This profile serves as the foundation for exploring how the external environment-such as market trends, shifts in consumer behavior, technological advancements, and other global changes-can impact the business. Market Profiling involves identifying key factors in the business's current operations, its market positioning, and its competitive landscape. By doing so, the business can assess potential opportunities or threats that might arise from these changes. Understanding these dynamics allows the company to adapt its business models accordingly, ensuring it remains relevant and responsive to evolving market conditions. This aligns with the Innovation Professional (CInP) curriculum, which emphasizes the importance of a strategic understanding of both internal capabilities and external market influences in driving innovation and maintaining a competitive edge.
NEW QUESTION # 249
In the fourth step of the GInI Breakthrough Innovation Method-Synthesis & Capture-teams will generate as many new value models as makes sense for the situation. They can then use preliminary filtering to select the most promising models to move forward with.
Select one correct answer from the list:
Answer: A
Explanation:
TheCInP Handbookclarifies that in "Synthesis & Capture," teams generate multiple concepts (not necessarily
"value models" as the question states-likely a typo for "solution concepts") and apply "preliminary filtering" to identify the "most promising" ones for further development. GInI defines "promising" as having high potential for value creation, feasibility, and alignment with the context, not just technological appeal (A), competitive parity (B), or certainty (D). Option A prioritizes excitement over viability, which GInI avoids.
Option B focuses on benchmarking, not innovation's goal of differentiation. Option D, "most certain-to-be- approved," is overly conservative, clashing with GInI's risk-tolerant Front End ethos. Option C reflects GInI's balanced approach-filtering for promise, not perfection-consistent with the original answer. Despite the question's "value models" error, the intent aligns with solution filtering, a critical step to refine ideas without prematurely narrowing scope, embodying GInI's iterative refinement process.
Reference:GInICInP Handbook, Section on Breakthrough Innovation Method, Step 4: Synthesis & Capture.
NEW QUESTION # 250
If a new innovation is to be true to how it was originally conceived, the business cannot afford to fail in the Back End, as failure would mean ____ . This is why execution is so critically important.
Answer: C
Explanation:
In the GIMI Breakthrough Innovation Method , the Back End phase is where execution plays a critical role in transforming an innovation from concept to reality. If a business fails at this stage, it is particularly devastating because all the time, effort, and expense invested in the earlier stages of the project would be wasted. These early stages often involve significant research, development, and planning, and failure in the Back End means that these investments have not yielded any tangible results. This underlines the importance of flawless execution in the final stages to ensure that the efforts and resources are not squandered. The Innovation Professional (CInP) curriculum stresses that while ideas and innovation concepts are valuable, they must be effectively realized and executed to achieve success, making the Back End phase a key factor in determining the overall viability of the project.
NEW QUESTION # 251
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