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Innovation & Entrepreneurship WCMSRho2019 Flashcards | StudBud
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Innovation & Entrepreneurship WCMSRho2019
Innovation & Entrepreneurship WCMSRho2019
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Innovation & Entrepreneurship
Flashcards
11 cards
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Practice quiz
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Questions
11
Answers
1
The People Side: What are the Three "Rs"?
Recruiting, Retraining, Rewarding
Recruiting, Restructure, Rewarding
Recruiting, Retraining, Restricting
Restoring, Retraining, Rewarding
2
Where should we look for innovation insights?
All of these places
Social Media
Convenience Stores
Credit Union Branches
3
Which Problem Statement question should we NOT ask?
What ways might we?
Why did you?
How to?
How might we
4
Which of the Following is Not a type of Innovation
Incremental
Disruptive
Intersection
Architectural
5
The Chief rules Officer is there to:
Help accelerate discussions and volume of ideas.
Make sure all of the rules are followed
Show everyone who's boss
Be the needed figurehead
6
What are the Four P's of Managing Innovation?
Process, Pivot, Position, Paradigm
Product, Process, Position, Paradigm
Position, Paradigm, Partner, Process
Product, Process, Position, Pickles
7
Which of these is NOT a Block to Success
Aversion to Failure
Confirmation Bias
Insisting on good products
We've always done it this way
8
What are the four types of Ambidexterity?
Sequential, Symbiotic, Corporate, Contextual
Sequential, Structural, Corporate, Contextual
Symbiotic, Structural, Corporate, Contextual
Sequential, Structural, Corporate, CUSO
9
Which is NOT a reason to prototype?
Share ideas with people
Bring debates to a head
See problems quickly
Prove you are right
10
___ % of Millenials would rather go to the DENTIST than listen to what their bank has to say.
76%
69%
86%
71%
11
Fill in the blank: "Identify a problem to solve through the collection of ___________"
Data Points
Shoes
Member Feedback
Fintech