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Cross-Industry Lateral Innovation Panels are private groups of businesses from different industries who from time to time host panel sessions together where each business sends one or more leaders to engage with peers on the panel for the purpose of cross-pollinating ideas with one another. This tends to produce highly lateral thinking around different ways of doing things—aka lateral approaches. These individuals then return to their respective organizations and use their new insights as fresh fodder for the Innovation Funnel.
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Design Methods bring Design Thinking to life by allowing teams to study problems and evaluate potential solutions.
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As an Innovation Professional, the present and emerging market needs you identify represent what for you personally?
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Understanding market problems and delivering successful innovations requires a business to be able to execute all three phases of an innovation project with equal care.
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Hard Research generally consists of two areas, namely Technology Research & Development and Intellectual Property Research.
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Stage 2 of the GInI InMS is where __________ are used to engage the organization for the purpose of having them identify new ideas and opportunities for the business.
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In the fourth major step of the Design Thinking process, the activity associated with "Test" is testing solution prototypes.
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Problem Reframing forces us to "start at the beginning" by exploring hypotheses.
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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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Qualitative studies are generally conducted in one of two ways—either online or as fieldwork. The latter involves going out into the field and talking to certain types of people, often when they are engaged in a particular experience of interest.
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Throughout a brainstorming session, a Recorder should be assigned to record the ______ of the session. These would subsequently be documented and shared with affected stakeholders."
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The fourth step for projects in the Mid Zone is for teams to develop a sound business case for the opportunity. This is important because it will be used for the business’ highly-critical decision on whether or not to make the major investment required to continue moving the project forward toward development and commercialization.
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______ engage in a certain amount of their own risk taking within their business to pursue a new innovation they are passionate about, even sometimes when they are not formally sanctioned.
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Program Leaders must take explicit steps using reinforcement mechanisms to drive ongoing sustained engagement in the business' innovation program.
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Developing a concept further following its selection by an Evaluation Group often involves the creation of a preliminary business plan/business case for the concept.
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Design Thinking forces us to "think like a designer" in that it has us constantly in search of better insights.
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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.
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Becoming an Innovation Manager gives one a chance to make a name for themselves by ________________.
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A group's collective brainstorming work should be ______ as this tends to bring the ideas to life in a way that words never can."
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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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________________ are prototypes intended to convey the appearance of a particular artifact, even though they may not have the functionality of said artifact.
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The second step for projects in the Back End is for teams to quickly undertake any final research needed. This is usually done for what reason?
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After having a number of teams conduct further validation and scoping on their respective projects in the Front End, a business is then able to ask of each one "Is it a problem worth solving?"
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Innovation Tournaments are internal competitions where teams of peers work together to identify a new opportunity for the business, develop a relatively complete and well-thought-out business plan for it, and then pitch it to an internal venture board, generally in order to get funding for taking the concept further, understanding that concepts which prove strong enough may ultimately make their way all the way through to final implementation, thereby providing an excellent method for surfacing and funding non-core, and potentially breakthrough or disruptive, business innovations.
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Though __________ is often required, it can be costly. For that reason Innovation Teams must first try to use __________ as much as they can.
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A seventh step for projects in the Front End is for teams to further validate and scope the opportunity they are pursuing - something they should be in a position to do at this point. This involves the team conducting analyses to understand where they are with their knowledge of the opportunity, including what three considerations?"
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Innovation Management is largely about two activities, namely driving engagement for bottom-up participatory innovation, and then collecting, evaluating, and selecting the ideas and opportunities that result from this.
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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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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?
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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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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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In order to become an effective innovator, one must embrace which of the following?
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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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First-Level E&S Teams do two key things that are critical to driving the business’ InMS. The first of these is to drive and facilitate the evaluation process for reviewing all incoming new ideas for their business and market merit.
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A well-developed Opportunity Analysis will uncover for a business both unmet and unarticulated opportunities.
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In Stage 5 of the GInI InMS, the purpose of a Pilot is to provide a final grand opportunity for commercial validation of the concept, allowing the business to develop greater confidence that its hypothesis and solution were both valid, and thus the offering will be capable of scaling to its full expected potential.
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Stage 6 of the GInI Innovation Management System is called __________ and defines the business' __________
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For projects in the Back End, once a pilot demonstrates the commercial viability of the offering, the effort is passed on to the next stage, where it is ramped up to full-scale capacity via various capital investments.
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TESTED 12 Sep 2025