Exam 10: Strategic Experimentation With IT

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Innovation comes about through market disruption as opposed to organizational change.

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False

The ________ is part of the innovation process.

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D

Disruptive innovation can be devastating to an organization and is also often referred to as:

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________ is defined as frequent and relentless change within the organization.

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Business innovation infrequently involves experimentation.

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When organizations commit resources, build infrastructure, articulate procedures, and provide incentives all in an effort to instill a culture of innovation, this collection of activities is called the ________.

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List and describe (3) ways business can avoid failure when transitioning an initiative from strategic experiment to business innovation.

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To be successful, the disruptive innovation must meet two basic requirements:

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The type of innovation that targets non-customers and delivers a product or service that fundamentally differs from the current product portfolio is known as:

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What is strategic experimentation?

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Linking strategic experimentation and innovation will lead to customer value.

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The role of IT is bifurcating into separate roles:

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Is strategic experimentation completely understood in most organizations? Why or why not?

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There are two types of business innovation:

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Venture funds are typically used for initiatives that focus on opportunities that can scale.

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The role of IT is bifurcating into separate roles: commodity service and strategic visioning.

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________ are inherent risky in nature and often involve a multiyear bet within a poorly defined industry that has no clear formula for making a profit.

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Which of the following are the dominant forms of organizational change?

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Positive results from a strategic experiment should be viewed as an affirmation to rush an innovation to market but not as justification for further experimentation.

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Strategic visioning occurs within a larger organizational framework of innovation to support an organization's need to reinvent its products and services.

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