Project Ownership and Management in Sales Environment

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Questions and Answers

What is the primary role of leadership in fostering innovation within an organization?

  • Providing support, guidance, and resources (correct)
  • Limiting creativity to maintain control
  • Avoiding risks and maintaining the status quo
  • Micromanaging the innovation process

How do leaders contribute to innovation success?

  • By avoiding future trends and disruptions
  • By discouraging creativity and risk-taking
  • By setting a clear and compelling vision for innovation (correct)
  • By not involving external stakeholders

What is the significance of involving external stakeholders in the innovation process?

  • To provide diverse perspectives and expertise (correct)
  • To avoid any risks associated with innovation
  • To limit innovation scope and creativity
  • To maintain the status quo within the organization

What is a key responsibility of an innovation project owner?

<p>Understanding customer needs and market trends (D)</p> Signup and view all the answers

What is a common challenge faced by leaders of innovation projects?

<p>Balancing stakeholder interests and expectations (B)</p> Signup and view all the answers

What role does the project manager play in an innovation project?

<p>Coordinating interdisciplinary activities (C)</p> Signup and view all the answers

Who are considered as external key roles in innovation management?

<p>Customers and users (B)</p> Signup and view all the answers

What is the primary responsibility of the innovation project owner?

<p>Managing the project manager (C)</p> Signup and view all the answers

Why is it important to involve customers in research for innovation projects?

<p>To test new developments for marketability (D)</p> Signup and view all the answers

What type of management demands are placed on an innovation project leader?

<p>High interdisciplinary activities and uncertainties (A)</p> Signup and view all the answers

Where should the innovation project owner ideally come from?

<p>Highest possible level within the company (D)</p> Signup and view all the answers

Which of the following statements about the role of a project owner in innovation management is most accurate?

<p>The project owner serves as a facilitator, providing technical and authoritative support to enable innovation projects. (C)</p> Signup and view all the answers

Which of the following is the most appropriate approach for managing complex innovation projects in large organizations?

<p>Establish a project steering committee comprising executives from various functional areas, such as production and sales. (B)</p> Signup and view all the answers

Which of the following statements best describes the importance of involving employees from different functional areas in innovation projects?

<p>Involving employees from different functional areas is crucial, as innovation projects are highly interdisciplinary and require diverse expertise. (C)</p> Signup and view all the answers

Based on the information provided, which of the following statements best describes the role of external stakeholders in innovation management?

<p>External stakeholders, like customers, are essential for providing feedback and insights during innovation projects. (D)</p> Signup and view all the answers

Which of the following statements best describes the challenges faced by innovation project leaders?

<p>Innovation project leaders may encounter resistance or lack of support from other functional areas, limiting their ability to execute projects effectively. (C)</p> Signup and view all the answers

Which of the following statements best summarizes the importance of having a strong project team in innovation management?

<p>A strong project team is essential, as an individual team member can make an innovation project fail, while a great team can lead it to success. (B)</p> Signup and view all the answers

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