Deck 7: Capturing Social Value and Capturing Learning From Innovation

Question 1

Responsible innovation involves identifying key managers accountable for innovation within a business

Answer 1

False

Question 2

Which of the following is often associated with innovation success? (Several choices may be correct.)

A) Understanding user needs
B) A high share price
C) Good project management skills
D) Early involvement of key players representing different functions
E) Regular review of progress against clear stop/go criteria for the project

Answer 2

Understanding user needs
Good project management skills
Early involvement of key players representing different functions
Regular review of progress against clear stop/go criteria for the project

Question 3

Which of these is not an example of operational optimization towards sustainability?

A) Pollution Controls
B) Flexible Work Hours/Telecommuting
C) Expanding product range
D) Energy Efficient Lighting
E) Use of Renewable Energy

Answer 3

Expanding product range

Question 4

Which of these statements might you expect people to make in an innovative organization? (Several choices may be correct.)

A) We have a supportive climate for new ideas-people don't have to leave the organization to make them happen.
B) We work well in teams.
C) Our reward and recognition system supports innovation.
D) People work well together across departmental boundaries.
E) Our bosses are more concerned with output than ideas.
F) We encourage people in this department to keep themselves to themselves-that way we keep control.

Question 5

Which of the following would you expect to hear in a successful innovating company? (Several choices may be correct.)

A) We have good "win-win" relationships with our suppliers and we pick up a steady stream of ideas from them.
B) We have a policy of renewing our car fleet every 2 years.
C) We look ahead in a structured way (using forecasting tools and techniques) to try and imagine future threats and opportunities.
D) We work closely with "lead users" to develop innovative new products and services.
E) We work well with universities and other research centres to help us develop our knowledge.
F) We have more computer terminals than staff in this company.

Question 6

Which of these is not a recognised route for sustainability led innovation?

A) Developing environmentally friendly products
B) Labelling products in green colours
C) Modifying processes to be more energy efficient or less environmentally harmful
D) Rethinking supply chains to offer more recycling opportunities and reduce waste

Question 7

Bottom of the pyramid markets are a feature of the structure of sales and distribution in Egypt

Question 8

Which of these is NOT a difference between social entrepreneurs and commercial entrepreneurs?

A) Social entrepreneurs are less concerned with independence and wealth, and more on social means and ends.
B) Social entrepreneurs are older than commercial entrepreneurs.
C) Social entrepreneurs place less emphasis on short-term growth and longer term harvesting of the venture, and more concern on long term change and enduring heritage.
D) Social entrepreneurs place less reliance on the firm and management team to execute the venture, and greater reliance on a network of stakeholders and resources to develop and deliver change.

Question 9

BRICS refers to a new construction material developed as part of a major innovation collaboration between large construction firms