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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Innovation & Organizational Capability | 25% | - Intellectual property and value capture - Aligning innovation with business strategy - Measuring and evaluating innovation performance - Building innovation capabilities and systems |
| Topic 2: Tactical Innovation & The Innovation Professional | 35% | - Ideation, brainstorming and concept development processes - Tools and methods for opportunity identification - Innovation culture and leadership - Managing innovation projects and teams |
| Topic 3: Foundations: Core Innovation Knowledge & Concepts | 25% | - Definitions, principles and frameworks of innovation - Types and models of innovation: incremental, disruptive, open innovation - Role and value of innovation in organizations and markets |
| Topic 4: Innovation Implementation & Scaling | 15% | - Launching and scaling innovations - Overcoming barriers and managing change - Prototyping, testing and validation |
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NEW QUESTION # 221
The basic formula of a successful business is the storyline of a hero overcoming obstacles to save the day. For us as Innovators, that means what?
Select one correct answer from the list:
Answer: C
Explanation:
GInI'sCInP Handbookframes innovation as a problem-solving journey, akin to a hero's narrative-identifying obstacles (market needs) and overcoming them (delivering solutions). For innovators, this translates to "find a need and meet it," a core tenet of GInI's philosophy that innovation must address real customer or market gaps to succeed. Option A, "make the world a better place," is aspirational but too broad and not directly tied to the business success formula. Option C, "secure financial backing and scale up," focuses on execution, not the foundational storyline. Option D, "look innovative as absolutely possible," contradicts GInI's rule against innovation for appearances (see Question 15). The original answer (D) is incorrect; B is the correct choice, aligning with GInI's need-driven innovation model, where the "hero" (innovator) resolves a "villain" (unmet need), a practical application of storytelling to business value creation.
NEW QUESTION # 222
_____ 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.
Answer: B
Explanation:
The correct answer is D. Subject Matter Expert Platforms . In open innovation practices discussed in Global Innovation Institute topics, organizations often seek knowledge and insights from external experts to supplement internal capabilities. Subject Matter Expert platforms provide a lightweight and efficient method for accessing specialized expertise without the need for large-scale collaboration programs or complex partnerships.
These platforms connect organizations with curated experts who possess deep knowledge in specific industries, markets, technologies, or business processes . By engaging with SMEs, companies can quickly gather insights, validate assumptions, explore trends, and identify innovation opportunities. This approach allows innovation teams to learn from experienced professionals and gain perspectives that may not exist within the organization. # # Compared with other open innovation approaches, SME platforms are considered lighter and more targeted .
Crowdsourcing platforms typically involve large public communities generating ideas, while open innovation brokerage platforms focus on connecting companies with external technologies or solution providers. Cross- industry innovation panels emphasize collaborative discussions across sectors.
Subject Matter Expert platforms, however, specifically focus on curated expert engagement , making them a practical tool for organizations seeking rapid knowledge acquisition and informed decision-making within innovation initiatives.
NEW QUESTION # 223
Since each Mechanism of Engagement will resonate with a different audience in the business, a portfolio approach to their use allows a program to maximize its overall engagement, while also benefiting from what?
Select one correct answer from the list:
Answer: A
Explanation:
GInI emphasizes that a portfolio approach to engagement mechanisms-such as Innovation Kits, Tournaments, or Panels-enhances participation by appealing to varied groups within an organization. The CInP Handbooknotes that this approach leverages "a diversity of personalities, styles, perspectives, and capabilities" to ensure broad and effective engagement. This diversity allows the innovation program to tap into different ways of thinking and working, maximizing creativity and involvement. "A variety of languages" (A) is too narrow and not a focus of GInI's framework. "A breadth of different demographics" (C) and "A range of intellectual capacities" (D) are less specific and not directly cited as the primary benefit in GInI documentation.
NEW QUESTION # 224
The third step in the GIMI Breakthrough Innovation Method - Oblique Examination - involves ____ a current business model or value proposition, examining and testing each of its underlying assumptions, and then ____ it in a very new way based on those insights.
Answer: C
Explanation:
The third step in the GIMI Breakthrough Innovation Method , known as Oblique Examination , focuses on deconstructing a current business model or value proposition. This involves breaking down the business elements and thoroughly analyzing each underlying assumption. By deconstructing the model, the team can identify potential flaws, limitations, and opportunities for improvement. After deconstruction, the next step is to reconstruct the model, which means rebuilding it in a completely new way based on the insights gained from the examination. This step is essential for challenging existing frameworks, generating innovative solutions, and creating a more effective business model or proposition. It is not just about making incremental changes but about rethinking and redesigning the model from the ground up. This approach aligns with the Innovation Professional (CInP) curriculum, which emphasizes the need to critically assess and reimagine business strategies to unlock breakthrough innovation.
NEW QUESTION # 225
Why do we tell stories within our businesses?
Select one correct answer from the list:
Answer: C
NEW QUESTION # 226
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