Part of the search question is about picking up rather weak signals about emerging – and sometimes radically different – triggers for innovation. Which of the following statements describes a forward looking innovative firm? (Several choices may be correct.)
Organizations need to build capability to manage innovation by active learning approaches. Which of the following would you associate with such capability-building? (Several choices may be correct.)
Portfolio management is:
a sophisticated filing system for the office?
a way of balancing a spread of high, medium and low risk innovation projects?
a tool for managing stocks and shares?
a staff training scheme?
Which of the following is NOT a consequence of a lack of portfolio management in new product development?
Weak decision criteria - too many ‘average’ projects selected, little impact downstream in market
Key researchers leave because of poor financial rewards
Innovation success is directly related to firm size - the bigger the firm, the higher the probability of innovation success.
A stage gate system is: (Several choices may be correct.)
Stratgeic leadership is a key influence on innovation success. Which of the following statements might suggest an organization has such leadership? (Several choices may be correct.)
Which of the following is NOT associated with successful implementation of innovation projects?
Cross-functional team working
High salaries for R&D directors
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