Test Your Innovation Quotient - IQ

IQ: Innovation Quotient

The Innovation Quotient allows you to test your knowledge about fundamental innovation concepts and practices. For example, do you know the definitions for innovation, customer value, and a value proposition plus the primary barriers to innovative success?  You can find out if you are a:

  • Professional practitioner
  • Superior performer
  • Competent
  • Apprentice
  • New recruit

Have a good time and let me know how you do.

1.

The mean lifetime of the top 500 U.S. companies today is:



2.

Many technologies are improving at what rate?



3.

A useful definition for "innovation" is:



4.

What's the definition of "customer value"?



5.

The definition of a "value proposition" is:



6.

All significant new innovations should be:



7.

After you have a working hypothesis for your innovation's value proposition, you:



8.

Does your enterprise teach all employees how to be value creators?



9.

When starting a new innovation what do you do first?



10.

"Unknown" customer needs are:



11.

A viable business model is:



12.

Where is the best place to compete?



13.

Fraction of your team who should be able to define what a "value proposition" is:



14.

Value creation requires what intensity of collaborative iteration?



15.

In forming value creation teams, which attribute is least important?



16.

In an enterprise who can be a value creator?



17.

Which of the following is not required to obtain a U.S. patent?



18.

Which of these is true?



19.

These team behaviors help assure productive collaboration:



20.

Do value creation methodologies based on team best practices:



21.

Who created Siri, HDTV, Intuitive Surgical, and the fundamentals of the personal computer interface, including the computer mouse?



22.

In surveys of companies, which of these is not one of the top-five barriers to innovation?



23.

A value creation champion can lack the following:



24.

What practices hurt a team's ability to be successful value creators?



25.

In what areas of society are new innovations possible?





Name: