MGMT 640 FINAL EXAM PART 2 2026
COMPREHENSIVE TEST FULL SOLUTION
PREMIUM
◉ Norms that Promote Creativity and Innovation. Answer: - a focus
on idea generation
- support for a continuous learning culture
- risk taking tolerance
- tolerance for mistakes/failure
- support for and acceptance of change
- conflict handling
◉ 5 Pitfalls. Answer: It's necessary for managers to avoid a number
of mess-ups in developing a culture for creativity and innovation:
① Overemphasizing individual accountability
② Overemphasizing quantitative goals and budgets
③ Punishing mistakes
④ Promoting internal competition
⑤ Striving to be the same
,◉ Portfolio Thinking. Answer: - about continuously choosing,
managing, and adapting the mix of projects to match resource
availability and contribute to organizational goals
- approach to managing the bigger picture-organizational goals and
actions as a whole
- allows funding of projects most in line with company's objectives
- steps for successful portfolio management
① gather detail inventory of all projects
② set strategic objectives for company
③ align projects with objectives
④ score and categorize projects
⑤ actively manage the portfolio
◉ Differences Between Leaders and Managers. Answer: -
qualitatively different and mutually exclusive types of people
- different roles or processes
- Integrative approach
, ◉ Innovation Planning. Answer: ① Scanning
② Template Planning
③ Plan Development
④ Forecasting (predicting future outcomes)
⑤ Plan Execution
◉ Kotter's 8-Step Model on Leading Change. Answer: - Builds from
Lewin's Model
① Establish a sense of urgency (Unfreezing)
② Form a coalition (Unfreezing)
③ Create a new vision (Unfreezing)
④ Communicate the vision (Unfreezing)
⑤ Empower others by removing barriers(Movement)
⑥ Create and reward short-term "wins"(Movement)
⑦ Consolidate, reassess, and adjust (Movement)
⑧ Reinforce the changes (Refreezing)
◉ Lewin's 3-Stage Change Model. Answer: ① Unfreezing
② Moving/Changing
③ Refreezing
COMPREHENSIVE TEST FULL SOLUTION
PREMIUM
◉ Norms that Promote Creativity and Innovation. Answer: - a focus
on idea generation
- support for a continuous learning culture
- risk taking tolerance
- tolerance for mistakes/failure
- support for and acceptance of change
- conflict handling
◉ 5 Pitfalls. Answer: It's necessary for managers to avoid a number
of mess-ups in developing a culture for creativity and innovation:
① Overemphasizing individual accountability
② Overemphasizing quantitative goals and budgets
③ Punishing mistakes
④ Promoting internal competition
⑤ Striving to be the same
,◉ Portfolio Thinking. Answer: - about continuously choosing,
managing, and adapting the mix of projects to match resource
availability and contribute to organizational goals
- approach to managing the bigger picture-organizational goals and
actions as a whole
- allows funding of projects most in line with company's objectives
- steps for successful portfolio management
① gather detail inventory of all projects
② set strategic objectives for company
③ align projects with objectives
④ score and categorize projects
⑤ actively manage the portfolio
◉ Differences Between Leaders and Managers. Answer: -
qualitatively different and mutually exclusive types of people
- different roles or processes
- Integrative approach
, ◉ Innovation Planning. Answer: ① Scanning
② Template Planning
③ Plan Development
④ Forecasting (predicting future outcomes)
⑤ Plan Execution
◉ Kotter's 8-Step Model on Leading Change. Answer: - Builds from
Lewin's Model
① Establish a sense of urgency (Unfreezing)
② Form a coalition (Unfreezing)
③ Create a new vision (Unfreezing)
④ Communicate the vision (Unfreezing)
⑤ Empower others by removing barriers(Movement)
⑥ Create and reward short-term "wins"(Movement)
⑦ Consolidate, reassess, and adjust (Movement)
⑧ Reinforce the changes (Refreezing)
◉ Lewin's 3-Stage Change Model. Answer: ① Unfreezing
② Moving/Changing
③ Refreezing
