SOCIA QUIZZ by admin | Nov 21, 2018 Welcome to your Social Innovation Quizz ! Take a deep breath, concentrate and apply your knowledge... Why is the importance of social impact also becoming mainstream for more traditional businesses and industries? Select the false answer. Increased awareness among consumers about the social and economic impact of their behaviours. Businesses are more aware of their impact on their surroundings, and about the effect this impact has on their day-to-day activities. It can increase the competitiveness of a business, generating a positive image. It is a marketing strategy for the sole purpose of increasing exposure in mass and social media.The concept of Shared Value was introduced by Michael Porter and it highlights that: Shareholder value is based on profitability as the driver for innovation and productivity growth. Shared value involves creating economic value in a way that also creates value for society by addressing its needs and challenges (which also includes environmental challenges). Shareholder value is based on profitability and social impact as the drivers for innovation and productivity growth. Social responsibility is the driver for innovation and productivity growth.Management by objectives is a key method in project implementation. What features should characterise a correctly defined goal? Specific, measurable, achievable, results-oriented and time-related. Specific, measurable, achievable, limited in time. Recorded, measurable, achievable, relevant and defined in time. Specific, measurable, ambitious, results-focused and time-limited.Which skills typically characterise successful social innovation leaders? Ability to plan, set direction, motivate and control. Ability to listen, observe, inspire and delegate. Ability to organise, build strategies, delegate and control. Ability to create visions, plan, delegate and motivate.What is the difference between social impact and collective impact? Collective impact requires a common agenda, activities and communication. Social impact does not. There is no real difference between them. Collective impact focuses more on the community and not on the individual; social impact focuses more on the individual. For collective impact some kind of collaboration is needed; for social impact not.Social investment: Excludes public funding. Implies the active involvement of the investors in the project. Implies that Return on Investment is not a factor in the decision to invest. Provides funding for non-profit organisations and social enterprises.Which of these statements is false? In a socially responsible investment strategy, decisions are made based on social impact only. In venture philanthropy, the investors are actively involved in the initiative. Social impact bonds are public-private partnerships where funding is based on the results/impact. Social investment includes both private and public funding. A social enterprise is different from a more traditional business. Why? A social enterprise does not include financial gain among its goals. A social enterprise has among its goals to generate a social impact. A social enterprise employs only representatives of (socially or economically) disadvantaged groups A social enterprise is not market-oriented.The triple bottom line measures: The way in which staff are treated, the impact on the community and the environmental footprint of the business. The way in which staff are treated, the impact on the community and the financial gain. An organisation’s social, environmental (or ecological) and financial performance. The way in which an organisation impacts the community, its natural environment and the climate. What is social innovation? The process of reducing the complexity and cost of a good and its production. An innovation that is social both in its ends and its means. An innovation that changes the way customers are served and creates greater financial value for the organisation. The implementation of a new or significantly improved production or delivery method.What does social innovation not comprise? A strategy focusing on addressing a human need. A concept or idea that has been developed to tackle a humanitarian challenge. A policy of fair relations between different business stakeholders. A product created to aid people in need.What is a radical social innovation? A radical social innovation is an innovation that has a relatively limited impact on a market and on the economic activity of the businesses in that market. A radical social innovation is an innovation that solely concerns an existing strategy, organisation or method, the performance of which has been significantly enhanced or upgraded. A radical social innovation is an innovation that disrupts the market and generates further income streams for the businesses in that market. A radical social innovation is an innovation that provides entirely new models for thinking and doing towards a goal with a humanitarian purpose.Which one event belongs to social innovation history? With the Rome Treaty of 1957, the goal of European integration was extended not only to economic cooperation but also to the achievement of a social innovation strategy that could reduce disparities among European countries. The term ‘social innovation’ refers to a political-economic model created after World War II in response to the need to spread confidence in a new democratic system. Social innovation theory became prominent in the 19th history and appeared in the work of French writers in the 1930s, such as Alexandre Dumas and Jean Genet. The inclusion of social innovation as an official EU policy triggered a cascade of regulatory and nonregulatory actions with a notable impact on the promotion of the third sector and social economy.Which of the following is not a global sustainable development goal? Water and Sanitation: Clean, accessible water for all is an essential part of the world we want to live in. Industry, Innovation & Infrastructure: Investments in infrastructure are essential to achieving sustainable development. Skills Gap: Investments in the professions of the future to achieve the sustainable development of societies. Life on Land: Sustainably manage forests, combat desertification, halt and reverse land degradation, halt biodiversity loss.Which of the following is not a European societal trend or challenge? An overdependence on international aid: Europe originally received capital from international aid to pull itself out of the economic crisis, yet it seems to struggle to bring about self-sustainability. Demographic transition: Europe is noting an unprecedented change in its numbers, its population is ageing and it is concurrently becoming a shelter for immigrants. Natural resource depletion: Europe is investing in a low-carbon economy to fight climate change. Poverty: Millions of Europeans live below the poverty threshold and certain groups of people face social exclusion.What is an incremental social innovation? An incremental social innovation is an innovation that creates a new market and value network that disrupts a previously existing market and value network to address a human need. An incremental social innovation is a series of upgrades or improvements that are implemented to existing strategies, concepts, products, processes and methods with a humanitarian purpose. An incremental social innovation involves creating something to solve an existing problem and does not significantly affect existing markets An incremental social innovation refers to the overall capacity of an organisation to produce and deliver unprompted change for a social cause.What is the social innovation triad? A triangle representing the three ideal-type sectors (state, private sector, civil society) that explains why the three sectors fall under the same operation logic. A triangle representing the three ideal-type sectors (state, private sector, civil society) that are conceptualised as a triad in stability, can define features distinctively and have their own operation logic. A triangle representing the three ideal-type sectors (state, private sector, civil society) that shows the power of social innovation flowing from the state towards the private sector and civil society. A triangle representing the three ideal-type sectors (state, private sector, civil society) that shows how social innovation is gathered towards the state from the private sector and civil society.Which of these is not a feature of social innovations? Social innovations are often bottom-up, grass-roots, distributed and local. Social innovations frequently occur at the interfaces between the different sectors and involve actors working together from across sectors. Social innovations can include large numbers of people working independently on collective projects without normal market structures and mechanisms. Social innovations focus primarily on adding value to the company. If the innovation does not benefit the company then it cannot be considered a success.What is a key characteristic of social innovation approaches? Social innovations are driven by people’s needs and not by the amount of something businesses, firms or other stakeholders are willing to provide to the marketplace. Social innovations are strategies developed and implemented by businesses that have the form of venture philanthropy. Social innovations are driven by the personal interest of the social innovator and are then customised to fit social challenges. Social innovations rarely come from collaborative environments because they offer little scope for participation.Storytelling is important for social innovation, but it can have its pitfalls. Which of the following is NOT one of them: The story does not adapt/appeal to all. The story does not have a clear structure. The story is disseminated through the wrong channel. The story does not fit the values of your initiative. Inspired people are more open, intrinsically motivated, optimistic and have a stronger drive to meet the goal. Which behaviour does not match the attitude of inspiration: Indicating the direction and development opportunities. Giving good advice and tips. Learning lessons from failures and encouraging further action. Inspiring with their own example of commitment and determination.Delegating is a basic competence for team management. Which of the points below is most important for the effective management of large social innovation projects? Building a sense of shared responsibility. Submitting to the subordinate the duties and powers to independently make decisions within those duties. Delegate tasks to the team, set up KPIs and control them. Divide the project into tasks, deal with the most difficult and delegate the rest. Nominate the right person to deal with the separation and control of the implementation of tasks.The development of social innovation projects requires active listening to all project participants. Active listening does NOT imply: Asking questions and sharing your knowledge. Building an interest in what someone says. Making sure you understand the intentions and statements of your interlocutor well. Encouraging greater openness and uncovering all needs and doubts.There are many challenges in designing social innovation. Making decisions regarding problem-solving requires: Dividing the problem into smaller parts and then analysing the potential ways of solving them. Analysing the scenarios of the different solutions in detail before making decisions. Looking at the problem from different perspectives. All of the above.Searching for ideas for social innovations requires the use of various creative techniques. Which technique below is the least suited to supporting creativity? Combining solutions, technologies and ideas not related to each other. Looking for inspiration in different cultures, social groups, organisations and industries. Using personal knowledge and experience. Participating in training, conferences from various sectors and industries.Running a social innovation project requires verification of ideas at various stages of the process. Testing consists of: Checking how ideas work in reality. Breaking down processes and ideas into parts to understand how they can be improved. Experiencing how ideas work. All of the above.With regards to tasks, setting priorities in social innovation projects involves: Starting with important and urgent tasks. Concentrating on overdue tasks and solutions to current problems. Starting with the tasks that one can solve quickly. Starting with the tasks that can be easily solved.Which questions from the specific technique ‘Screening with R-W-W [Real-Win-Worth]’ are important for a risk assessment at the different stages of development of social innovation ideas? It is real? Can we win? Can we win? Is it worth doing? It is real? Is it worth doing? It is real? Can we win? Is it worth doing?The implementation of social innovation projects requires the involvement of different stakeholders. Which networking activities are the most helpful in achieving this goal? Building a group of advisors. Establishing contacts outside the main area of social innovation. Initiating expert meetings from various areas, sectors and functions. All of the above.Building social innovation requires obtaining information from the outside world. Which of the following methods is worth using? Look at and draw conclusions from how others solve problems that you are struggling with. Talk to others, ask how they do their job. Observe how people function in different environments, cultures. All of the above.Solving problems with regards to the project management of social innovation is a daily task. Which action below offers the least potential for solving a problem? Looking at the problem from the perspective of other industries, sectors, areas. Looking for the opinions of other employees. Focusing only on your own experiences and intuition. Analysing solutions to problems that have appeared in similar projects.Which of the following techniques will make it difficult to think outside the box when developing social innovation? Asking many questions to discover new ideas and possibilities. Looking for creative ideas solely within your area of activity. Questioning the established order and routine. Asking provocative questions.Which answer best describes the goal to be pursued in the implementation of a social innovation project? Implementation of the project in accordance with the quality assumptions and designated time. Improving the design and exceeding the assumed goals. Increasing effectiveness and copying ideas in the implementation of other projects. Transforming the project into model solutions that enable scaling of the idea.Resourcefulness requires the development of creative thinking techniques. Which of these methods is worth using when coming up with new ideas? The ability to associate solutions from various industries, cultures and environments. Observing the surrounding world. Creating a network of people from different backgrounds, industries and cultures. All of the above. The effectiveness of the strategic management of social innovation projects depends on: Efficiency in communication across all levels of the decision-making process. The ability to motivate your team to achieve the objectives. A detailed plan of the project implementation. The courage to make difficult decisions.Indicate those behaviours that characterise a flexible approach to social innovation projects: Openness and enthusiasm. Focusing on the details. Concentrating on the process. Detailed planning of activities. Subscribe me to your newsletter!