Novation Variables at Lightspeed (Scenario)

question 38

Multiple Choice

novation Variables at Lightspeed (Scenario)
Edwin Lee leads a cross-functional product development team at Lightspeed.com, a software company with employees in 10 countries around the world. The members of Edwin's team are hard-working and highly creative, but he wonders if there are ways to stimulate more innovation from the team. As the company has grown, so too has the bureaucracy. Numerous rules and policies have been introduced, and decision making has become highly centralized. This has resulted in resource limitations and tight project deadlines. Fortunately, with the use of web cams and other Internet technology, Edwin is able to hold frequent meetings with his global cross-functional teams. And despite some structural limitations, the company's culture does seem to foster creative solutions. Diverse opinions are encouraged, and even the most unrealistic, "off-the-wall" solutions are accepted without criticism. Mistakes are treated as learning opportunities—a good thing, since there have definitely been some mistakes!

-Which of the following structural suggestions would most likely improve innovation at Lightspeed?

• A)limit resources
• B)increase time pressures
• C)become more organic
• D)increase external controls

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Definitions:

Environmental Performance

An assessment of how an organization's activities affect the environment and how well it manages those effects.

Performance Measures

Metrics or indicators used to assess, track, and improve the efficiency, effectiveness, and overall performance of an organization, its processes, or its employees.

Management Accounting

The practice of identifying, measuring, analyzing, and interpreting financial information to help managers make informed business decisions and control operations.

Social Impacts

The effects of actions (corporate, governmental, or individual) on the well-being of a community or society.