Victor Prime Innovation Pre Test Version 1.7c

17 Questions | Total Attempts: 36

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Practice Test Quizzes & Trivia

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Questions and Answers
  • 1. 
    Innovating  is  not  easy.  Thinking  differently  and  dynamically  can  be  difficult.  Having  the  knowledge,  resources,  and  courage  necessary  to implement new ideas can be challenging. In the upcoming course material, the nation's top NFL and College coaches will teach you to wield the power of innovation in today’s constantly changing  business environment, and recognize how it can help improve performance and keep one ahead of the competition. Let's define the word Innovation.    Innovation can be best described as:
    • A. 

      Pleasing my boss.

    • B. 

      Getting the job done.

    • C. 

      Having all team members understand the same plan.

    • D. 

      Solving business problems creatively.

    • E. 

      Moving the company forward by not being disruptive.

  • 2. 
    At the end of your Victor Prime Innovation Series course work you will possess a valuable Action Plan as well as a set of reference notes.   This essay question is not scored.  It's purpose is to prime you for the action plan you'll create in your coursework. Your team leaders believe that being innovative is an important aspect of maintaining competetiveness.   Write a few sentences describing how you might agree or disagree with this posture. e.g.  I understand that our company wants to promote innovation, but I don't really know how to balance creativity with operations.   We need to keep producing product and sales.  I'm not really sure how to fit in experiments.  
  • 3. 
    During your course you and your team will identify those challenges which need innovative approaches.   You will be trained to evaluate potential payoffs of alternative plans, actions and targets.   One of the challenges all of businesses face is competition. Think about your best competition and their advantages.   There are many ways to respond to the competition.   Out of the below choices, the most innovative way to respond would be to
    • A. 

      Run faster, harder and stronger than them.

    • B. 

      Become listless and depressed.

    • C. 

      Get out of here and go work for them.

    • D. 

      Use their best ideas in our own company.

    • E. 

      Increase our marketing budget.

  • 4. 
    Innovation can be a team effort.   In NFL and College Football constant innovation is necessary both on and off the field. How can a leader promote innovation in a team?   One answer is to employ an incentive structure that causes all team members to share ideas with one another.  When teams are innovating properly, which of the following tools can be harnessed to improve the outcomes?
    • A. 

      Groupthink

    • B. 

      Criticism

    • C. 

      Reaction

    • D. 

      Pleading

  • 5. 
    This question will start your thinking about the action plan that the Coaches will help you create.   This essay question is not scored.    Think about your favorite company or product.    Now imagine why you like that company and product.   Describe in a few sentences how that product makes you feel.   Don't focus on the product features.  Focus on the feelings that the product creates. e.g.  One of my favorite products is the Amazon Kindle.   When I have my kindle I know I'll never be bored.   I also don't have to lug around a big laptop.  Even an iPad feels big.   I love how light the Kindle is.  It makes me feel like I'm barely carrying a piece of electronics.  
  • 6. 
    In the coming coursework you'll hear Coach Payton advise that competetive advantages and innovations can be found observing and consulting industry leaders. Imagine that you have friends friends or colleagues who are successful in a completely different business than your own.   Take a moment and think about the strengths of their enterprise.   Imagine taking them to your favorite common hangout, buying them a meal and listening to their thoughts on how to be innovative.   What questions below would best allow you to learn about their style of innovation?
    • A. 

      How are you going to react to changing economic conditions?

    • B. 

      What are some of the ways that you obtain new ideas for your business?

    • C. 

      Do you plan on pricing your product higher or lower in the coming sales cycle?

  • 7. 
    By definition, most innovations are new ideas. Gaining acceptance of new ideas is usually a difficult proposition. In the upcoming coursework Coach Ditka and Coach Ryan will share with you their systems of implementing new, often challenging ideas. Which of the below choices represents a valid strategy for promoting acceptance of you and your team's innovations? 
    • A. 

      The benefits are going to be obvious. No need to explain.

    • B. 

      Build it and they will come.

    • C. 

      Clearly explain how the innovation solves the obstacle's big pain points.

  • 8. 
    Hard work is hard.   Execution separates the winners from the losers.   Coach Ditka is one of two football players to win a Super Bowl as a player, an Assistant Coach and as a Coach.  Ditka knows the place of hard work in the process of innovation.   At your Victor Prime Innovation course, he'll share with you how to best implement hard work with an innovative mindset. Now imagine that it is time to start a big tedious project at your company.   We'll call this project the D.U.L.L. project.   It is big.  Behomoth big.   It is rather boring.   Everyone wants to avoid it.  Yet it must be done.   From the below choices, what is the innovative way to handle the project?
    • A. 

      Refill my iPod because music takes the edge off of drudgery.

    • B. 

      Delegate, delegate, delegate.

    • C. 

      Come in on a weekend when I have no distractions and slog through this.

    • D. 

      Find a new way to finish the project faster, while producing quality work.

  • 9. 
    Every organization and person has both strengths and weaknesses.   All of the Coaches are going to discuss how to mitigate weaknesses and improve strengths.   Coach Ditka will elucidate personal strategies while Coach Ryan will focus on team strategies. Which of the below strategies is valid for improving team innovation?
    • A. 

      Throw more team parties to improve company fun-factor.

    • B. 

      Hire team members whose strengths counter team weaknesses.

    • C. 

      Make everyone come in earlier and work later.

  • 10. 
    Think about the times that your enterprise has been more creative than the competition.   Envision the factors that lead up to that big win.  Perhaps you were more insightful.  Maybe your team was simply better at accumulating small improvements that had a big impact.  Or it could have been a showcase feature that your enterprise excelled at.   Envision the circumstances that lead to this innovative victory.  Now write a few lines describing the circumstances that lead to the victory.  Don't describe the victory.  You already know what that is.  What is important is that you describe some of the circumstances that lead to the win.
  • 11. 
    Setbacks happen. Coach Payton and The Saints had to deal with one of the biggest setbacks our nation has ever seen -- Hurricane Katrina. Katrina destroyed The Saints arena and their facilities.   The team was homeless for most of the season, being forced to train far away from their hometown. Still Coach Payton innovated a way to win a Super Bowl. Put yourself in this scenario.   You and your company developed a truly GREAT feature that you are going to roll out next sales cycle.  Imagine this feature that is truly going to blow away the competition.   Your plan is going great until you find out that your competition rolled out this SAME FEATURE before you in the current sales cycle.  Ouch!   If you were to apply innovation to solving this connundrum, pick the below choices that could be appropriate.  
    • A. 

      Throw more hardware and manpower at the problem.

    • B. 

      Call up your distant cousin Big "Southside" Joey and have him have a little talk with the CEO of your competition.

    • C. 

      Use second mover advantage. Look at the flaws and strengths of your competition's move and outplay them, even if it must be in the next sales cycle.

    • D. 

      Stay on schedule. The most important thing is to stay on schedule.

  • 12. 
    You have a new team member who is great to work with except that they wipe their nose on their sleeve regularly.   This is particularly gross because they insist on dropping off a bottle of water at your desk every day.   You're considering innovative ways to ameliorate this situation.   Check all the potentially innovative solutions.
    • A. 

      Douse yourself in Purell and imagine this is not happening.

    • B. 

      Complain to HR.

    • C. 

      Talk to your team leaders about inviting a manners expert into the office to teach everyone about how manners can be used to increase positive outcomes for sales and team fellowship.

    • D. 

      Talk to your manager about speaking to your co-worker about the problem.

    • E. 

      Find a way to talk to your co-worker and gently explain a better way of handling his sniffles.

    • F. 

      Create an anonymous yet respectful and gentle way to remind the co-worker how to improve themselves.

    • G. 

      None of the above.

  • 13. 
    True or False:   Innovative solutions can be applied at both the enterprise level AND the personal level.
    • A. 

      True

    • B. 

      False

  • 14. 
    You have designed a new defensive growth strategy for your enterprise.   You have truly innovated something new.  That means, to some degree, that your idea is unproven.   Although you are highly confident of your idea, you're getting some pushback from some team members.   From the below choices, select the potential responses that are most encouraging to a culture of company innovation.
    • A. 

      Ignore them and charge onward. There's just not enough time for endless debate.

    • B. 

      Consider the criticism. You've heard that some criticism on a team can lead to higher-quality outcomes.

    • C. 

      Agitate your critic by pushing their buttons. They'll eventually self destruct.

    • D. 

      Introduce evidence why your innovation can work by showing examples from other industries that have applied the same idea.

    • E. 

      Accuse your team member of being obsructionist.

    • F. 

      None of the above.

  • 15. 
    Groupthink is a psychological phenomenon that occurs when groups of people desire harmony over the realistic appraisal of alternatives.   In a Groupthink situation internal conflict is minimized but the probability of wrong decisions is increased.   It is true that, within groups, some dissent and challenge leads to higher quality decisions because the team members are forced to more carefuly consider the ramifications of their actions.   Just the same, too much contention can lead to an inability to execute and can also encourage an emotional drain on the team. Think about your enterprise.   Consider a situation that could benefit from more debate.   Now think about a situation that could benefit from perhaps less debate.   Pick one of these situations and summarize it in the box below.
  • 16. 
    After careful discussion and debate with your team members you've found a high-quality path towards rolling out your innovation from question 16.   Upon implementation you find that you have some logistics puzzles to solve.   Select the below approaches that most encourage innovation in potentially solving your logistics puzzles.
    • A. 

      Study how related and unrelated businesses solve similar problems.

    • B. 

      Visit the business professors in your area. Maybe even audit a course.

    • C. 

      Start Googling.

    • D. 

      Read Wired, Forbes, The Wall Street Journal and other business publications looking for ideas.

    • E. 

      Increase facility size. Throwing hardware and people at a problem always ameliorates it in some way.

    • F. 

      None of the above.

  • 17. 
    The following question does not have a "Right" or "Wrong Answer."  Instead it is used to assess how you feel about your company's ability to communicate and move towards common goals.   This question is not scored but they are meant to help you offer an honest assessment of company operations.   Choose the answer(s) you feel best represent reality.   The management at your company wants to encourage creativity in the workforce.   You already know what's coming. (check all that apply)
    • A. 

      A boring consultant.

    • B. 

      Management says a lot of things that don't happen.

    • C. 

      Our leaders will find some way to make this interesting. They always try hard so you're interested in seeing what's next.

    • D. 

      Annoying coursework.

    • E. 

      Interesting coursework.

    • F. 

      Senior executives are going on another 'retreat' to someplace nice.

    • G. 

      Leadership will try very hard to implement new ideas, but for some reason it isn't going to happen.

    • H. 

      If our leaders and managers really want us to be more creative they'd actually accept some suggestions and criticism.

    • I. 

      An endless stream of memos.

    • J. 

      This is going to work. Our leadership knows how to accomplish their goals.