Karteikarten: Mastering Innovation and Product Strategies — 18 Karten

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1Frage

Innovation Management — process?

Antwort

Structured approach to develop and implement innovations

2Frage

Types of Innovation — categories?

Antwort

Incremental, radical, architectural, disruptive

3Frage

Business Model Innovation — purpose?

Antwort

Rethink value creation, delivery, capture

4Frage

Product Lifecycle — stages?

Antwort

Introduction, growth, maturity, decline

5Frage

Product development phases — sequence?

Antwort

Idea, concept, design, testing, launch

6Frage

Maturity and decline — focus?

Antwort

Extension strategies or harvesting

7Frage

Lifecycle management strategies — aim?

Antwort

Prolong profitable phases, prevent decline

8Frage

Consumer-centered innovation — approach?

Antwort

Prioritize consumer needs and feedback

9Frage

Conducting consumer studies — purpose?

Antwort

Identify unmet needs and validate ideas

10Frage

Quantitative vs qualitative — research?

Antwort

Numerical data vs in-depth insights

11Frage

Questionnaire drafting — goal?

Antwort

Gather clear, relevant consumer insights

12Frage

Creativity techniques — purpose?

Antwort

Generate novel, useful ideas

13Frage

Brainstorming methods — focus?

Antwort

Quantity over immediate quality of ideas

14Frage

Idea generation tools — examples?

Antwort

Mind maps, SCAMPER, software aids

15Frage

Structured ideation — examples?

Antwort

Design thinking, TRIZ

16Frage

Product launch strategy — key?

Antwort

Plan to maximize adoption and success

17Frage

Launch planning — activities?

Antwort

Objectives, timelines, resources, KPIs

18Frage

Using 4 Ps — in launch?

Antwort

Product, Price, Place, Promotion alignment

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1. What does Innovation Management refer to?

2. Which author is associated with the concept of the product lifecycle in the course content?

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