D081 INNOVATIVE & STRATEGIC THINKING

D081 INNOVATIVE & STRATEGIC
THINKING



Breakthroughbg-bganswers--Thebgdevelopmentbgofbganbgentirelybgnewbgproductbgorbgprocess.



BusinessbgAnalysisbg-bganswers--
Usebgofbgdatabgaboutbgthebginternalbgandbgexternalbgbusinessbgenvironmentbgtobgidentifybgbusinessbgne
edsbgandbgobjectives.



Creativitybg-bganswers--Generationbgofbgnovelbgorbguniquebgideas.



Innovationbg-bganswers--Thebgprocessbgofbgtryingbgtobggetbgvaluebgoutbgofbgthesebgideas.



IncrementalbgInnovationsbg-bganswers--Gradualbgimprovementsbgtobgproductsbgorbgprocesses.



Transformationalbg-bganswers--
Organizationalbgadaptationbgandbgdevelopmentbgofbgnewbgprocessesbgandbgbusinessbgmodels.



CriticalbgThinkingbg-bganswers--Disciplinedbgprocessbgofbgrational,bgevidenced-based,bgandbgopen-
mindedbgthinkingbgthatbginvolvesbganalysisbgandbgevaluationbgofbginputsbgtobgreachbganbganswer.



CustomerbgValuebg-bganswers--
Thebgbenefitbg(vs.bgcost)bgabgcustomerbgreceivesbgfrombgabgproductbgorbgservicebgoffering



DatabgAnalysisbg-bganswers--
Processbgofbgevaluatingbgandbginterpretingbgdatabgusingbganalyticalbgandbgstatisticalbgtoolsbgtobguncover
bgbusinessbginsights

, DecisionbgMakingbgProcessbg-bganswers--Abgseven-
stepbgprocessbgtobgmakebgstrategicbgdecisionsbginformedbgbybgdata.



DefinedbgBenefitbgPlanbg-bganswers--
StagebgofbgDesignbgThinkingbgprocessbgthatbgbuildsbgonbgobservationsbgofbgusersbgtobgidentifybgandbgre
finebgabgproblembgstatement



Departmentalizationbg-bganswers--
Groupingbgofbgprocesses,bgactivities,bgandbgresourcesbgintobgfunctionalbgunits.



DescriptivebgAnalyticsbg-bganswers--
Processbgbybgwhichbghistoricalbgdatabgisbganalyzedbgandbginterpretedbgtobgprovidebgbusinessbginsights.



DesignbgThinkingbg-bganswers--Abghuman-
centeredbgprocessbgforbginnovationbgconsistingbgofbgsixbgiterativebgstages-
empathize,bgdefine,bgideate,bgprototype,bgtest,bgandbgimplement.



DifferentiationbgStrategybg-bganswers--Business-
levelbgstrategybgofbgestablishingbgcompetitivebgadvantagebgthroughbgaddingbgvaluebgtobgabgproductbgorb
gservicebgtobgaccompanybgabghigherbgpricebgpoint.




Empathizebg-bganswers--
StagebgofbgDesignbgThinkingbgprocessbgthatbgseeksbgtobgunderstandbgandbgdevelopbgempathybgforbgtheb
guserbgexperience




Empathybg-bganswers--
Thebgabilitybgtobgunderstandbgorbgbebgattunedbgtobgthebgfeelings,bgthoughts,bgorbgexperiencesbgofbgano
therbghumanbgbeing



EnterprisebgRiskbgManagementbg(ERM)bg-bganswers--
Methodsbgandbgprocessesbgusedbgbybganbgorganizationbgthatbgprovidebgabgframeworkbgforbgidentifyingb
gandbgmanagingbgrisksbgandbgopportunities