Because "The Researcher" has a propensity to research all the possible go-to-market strategies and evaluate the supporting intelligence around those, they are usually best suited for which phase of innovation work?
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Brokerage Search is an activity used in Intellectual Property Research in which IP Brokers and Agents are retained to help the business find new patents they can license or buy to use in their business.
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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?
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Technology Innovation is any new innovation that delivers greater value and/or a better customer experience as a direct consequence of using a new technology.
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Innovation is an acquirable mentality and skillset.
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A key use of research in Needfinding work is for market segmentation, where an overall population of prospective customers is segmented according to the particular outcome each segment seeks.
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A cardinal rule for Project Leaders leading their teams in needfinding is to never pursue innovation for the sake of being innovative. Why is this?
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Innovation Managers serve as the business’ point of accountability in driving their Innovation program.
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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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Why do we tell stories within our businesses?
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Problem Reframing forces us to "start at the beginning" by exploring hypotheses.
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In a given Innovation Project, the motivations that each stakeholder brings to the effort are known colloquially as what?
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Package Innovation is the use of a new package design to create perceived new value and appeal to certain consumer preferences.
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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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According to Peter Drucker, in order for something to qualify as a true business innovation, it must simultaneously be what?
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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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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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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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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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Innovation Kits are an activity where people from across the organization are provided with carefully-designed starter kits containing certain paraphernalia intended to serve as thought-starters, which the individuals are then challenged to use to spark innovative new thinking around a particular business challenge, and to consider how the different pieces and parts can be recombined in novel ways to generate innovative new opportunities for the business, all of which end up being fodder for the Innovation Funnel.
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When finished with a particular brainstorming session, a group would typically cluster the resulting ideas and concepts using Affinity Analysis.
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When initiating a brainstorming session, the facilitator would pose 2-3 questions to frame the challenge and thus establish the context for the session.
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In order to become an effective innovator, one must embrace which of the following?
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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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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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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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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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Stage 3 of the GInI InMS is focused on evaluating and selecting new ideas for conversion into Innovation Projects.
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Because "The Maverick" likes to challenge the status quo, being that they are driven and hungry for doing new things, they are usually best suited for which phase of innovation work?
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Throughout Stage 5 of the GInI InMS, the organization will have many opportunities for feedback loops (just as in Stage 4), where their learnings help them to either reinforce, redirect, or kill each project.
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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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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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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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All good innovations start their life as a hypothesis and therefore teams—if they are to explore a particular situation in their search for a new innovation opportunity—can thus engage in hypothesis forming.
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___________ is one of the 12 Purposes of Prototyping in which we build prototypes to engage the mind's "analysis & synthesis engine", since having something to turn over in one's hands helps the mind to better understand a concept or at least keep the mind exploring for more new ideas.
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Innovation is defined as doing something in a new or novel way that delivers more value and/or better experiences to customers and markets.
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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 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?
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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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Innovators are commonly known to have a disdain for what?
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