Innovation Variables at Lightspeed (Scenario)

question 151

Multiple Choice

Innovation 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 cultural variable relates to the acceptance of diverse opinions at Lightspeed?

• A)acceptance of ambiguity
• B)tolerance of the impractical
• C)tolerance of risk
• D)tolerance of conflict

---

Definitions:

Visual Stimuli

External cues or objects within the environment that are seen and can influence a person's behavior or emotional state.

Scientific Term

A word or phrase typically used in scientific literature to describe specific concepts, processes, or entities in a concise and precise manner.

Rehearsal

A cognitive process involving the repetitive review of information to enhance memory retention.

Short-Term Memory

The ability to keep a limited amount of data actively available in one's consciousness for a brief duration.