Cima E2 Exam Question No 56

Question No 56:

Stress predictability above all
Count everything, favour precise planning, don't reward performing above the norm andinsist that all procedures be followed.    
 

Cima E2 Exam Question No 55

Question No 55:

Encourage cut-throat competition
Get groups to critique and challenge each other's proposals, preferably in public forums, and then declare winners and losers. As typically there need to be many bad ideas put forward for every one strong one you end up with lots of losers and people soon stop putting ideas forward at all.

Cima E2 Exam Question No 54

Question No 54:

Kanter's 9 rules for stifling innovation   

1. Managers are suspicious of any new idea from below
2. Invoke history. Whenever a new idea arises, people find a similar previous idea that did not work to justify which this one will not work either.
3. Keep people really busy
4. Encourage cut-throat competition
5. Stress predictability above all
6. Strategies and plans are made by a small group.
7. Punish failure.
8. Blame problems on the incompetent people below
9. Never forget that we got to the top because we already know everything there is to know about this business.

Cima E2 Exam Question No 53

Question No 53:

What is Innovation?
Innovation means to do something differently from the way it was done in the past. In business this can often be linked to: •New products or services •New procedures •Use of new technology •Using new methodologies Innovation is particularly important to companies who tend to be on the leading edge of their field of expertise as that innovation can lead to a competitive advantages. Note though that innovation is not just about better products, quality or service, a new process could help to create efficiencies or cut costs, so cost leaders also need to be innovative to succeed. Innovation differs from invention in that innovation refers to the use of a better and, as a result, novel idea or method, whereas invention refers more directly to the creation of the idea or method itself. Innovation differs from improvement in that innovation refers to the notion of doing something different rather than doing the same thing better.   

Cima E2 Exam Question No 52

Question No 52:

Long-term and Short-term Time Orientation?
This relates to the extent that a society demonstrates a future versus a historically based perspective of time. China has a high score in this respect, meaning its people focus on the long term. The UK has a more short-termist approach in its culture.