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Author: Shalom Charles Malka
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Few are the constructs that attract as much attention in the strategic management discourse as do the twin managerial orientations of exploration and exploitation. They are unique and distinct and share a paradoxical existence. While related, exploring and exploiting activities are incompatible and compel organizations' top managers to engage in two seemingly contradictory but necessary and indivisible acts. Organizations large and small must pursue both to ensure their vitality and continued growth in the face of an ever-changing competitive landscape. Neglecting exploitative and exploratory initiatives creates a creeping organizational paralysis that can lead to a firm's ultimate demise. This paper explores the exploitation - exploration incompatibility as a tension generator, touches on the dilemma they present managers with, and surveys existing approaches for addressing their inherent conflict. Four widely accepted solutions are discussed. We highlight top management's role in managing the exploration-exploitation orientations, and stress the importance of negotiation, collaboration, and conflict management strategies in that process. The paper concludes with a set of recommendations worthy of consideration.
Author: Shalom Charles Malka
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Few are the constructs that attract as much attention in the strategic management discourse as do the twin managerial orientations of exploration and exploitation. They are unique and distinct and share a paradoxical existence. While related, exploring and exploiting activities are incompatible and compel organizations' top managers to engage in two seemingly contradictory but necessary and indivisible acts. Organizations large and small must pursue both to ensure their vitality and continued growth in the face of an ever-changing competitive landscape. Neglecting exploitative and exploratory initiatives creates a creeping organizational paralysis that can lead to a firm's ultimate demise. This paper explores the exploitation - exploration incompatibility as a tension generator, touches on the dilemma they present managers with, and surveys existing approaches for addressing their inherent conflict. Four widely accepted solutions are discussed. We highlight top management's role in managing the exploration-exploitation orientations, and stress the importance of negotiation, collaboration, and conflict management strategies in that process. The paper concludes with a set of recommendations worthy of consideration.
Author: Great Britain: Department for Business, Innovation & Skills
Publisher: The Stationery Office
ISBN: 9780101823920
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
The UK has the potential to be world leader in innovation. The strength of UK universities and the wider knowledge base is a national asset being the most productive in the G8. But the challenges are great. To succeed in the global innovation economy, the UK must strengthen its ability to accelerate the commercialization of emerging technologies, and to capture the value chains linked to these. We have already made clear our commitment by maintaining the annual £4.6 billion budget for science and research programmes, with £150 million each year support university-business interaction. The UK's universities are increasingly collaborating with each other and with external organization to develop and commercialise knowledge, last year securing over £3 billion from external sources. This paper outlines a series of measures to make it easier for individuals, businesses and the public sector to innovate alone or in partnership. As part of a package of support the Government is relaunching the popular Smart brand and will increase the funding to the Technology Strategy Board. Research Councils UK will establish a principles-based framework for the treatment and submission of multi-institutional funding bids. Also the Government will continue to look for other ways to encourage more relationships between universities and business and will work with NESTA to establish a price centre to run, design and facilitate new inducement prices. The Government has also commissioned independent groups of academics and publishers to review the availability of published research, and to develop action plans for making this freely available. It will also create an Open Data Institute to develop semantic web technologies.
Author: Wendy K. Smith
Publisher: Oxford University Press
ISBN: 019106937X
Category : Business & Economics
Languages : en
Pages : 528
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Book Description
The notion of paradox dates back to ancient philosophy, yet only recently have scholars started to explore this idea in organizational phenomena. Two decades ago, a handful of provocative theorists urged researchers to take seriously the study of paradox, and thereby deepen our understanding of plurality, tensions, and contradictions in organizational life. Studies of organizational paradox have grown exponentially over the past two decades, canvassing varied phenomena, methods, and levels of analysis. These studies have explored such tensions as today and tomorrow, global integration and local distinctions, collaboration and competition, self and others, mission and markets. Yet even with both the depth and breadth of interest in organizational paradoxes, key issues around definitions and application remain. This handbook seeks to aid, engage, and fuel the expanding interest in organizational paradox. Contributions to this volume depict how paradox studies inform, and are informed, by other theoretical perspectives, while creating a resource that enables scholars to learn about and apply this lens across varied organizational phenomena. The increasing complexity, volatility, and ambiguity in our world continually surfaces paradoxical dynamics. Thus, this handbook offers insights to scholars across organizational theory.
Author: Wendy K. Smith
Publisher: Oxford University Press
ISBN: 0198754426
Category : Business & Economics
Languages : en
Pages : 625
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Book Description
The notion of paradox dates back to ancient philosophy, yet only recently have scholars started to explore this idea in organizational phenomena. Two decades ago, a handful of provocative theorists urged researchers to take seriously the study of paradox, and thereby deepen our understanding of plurality, tensions, and contradictions in organizational life. Studies of organizational paradox have grown exponentially over the past two decades, canvassing varied phenomena, methods, and levels of analysis. These studies have explored such tensions as today and tomorrow, global integration and local distinctions, collaboration and competition, self and others, mission and markets. Yet even with both the depth and breadth of interest in organizational paradoxes, key issues around definitions and application remain. This handbook seeks to aid, engage, and fuel the expanding interest in organizational paradox. Contributions to this volume depict how paradox studies inform, and are informed, by other theoretical perspectives, while creating a resource that enables scholars to learn about and apply this lens across varied organizational phenomena. The increasing complexity, volatility, and ambiguity in our world continually surfaces paradoxical dynamics. Thus, this handbook offers insights to scholars across organizational theory.
Author: Rebecca Bednarek
Publisher: Emerald Group Publishing
ISBN: 1801171882
Category : Social Science
Languages : en
Pages : 237
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Book Description
Interdisciplinary Dialogues on Organizational Paradox is an innovative two-part volume that enriches our understanding about paradox. Part B continues the exploration of the why, how and where of interdisciplinary research within paradox theory by looking at the realms of social structure and expression.
Author: Sotiris T. Lalaounis
Publisher: Routledge
ISBN: 1317235703
Category : Business & Economics
Languages : en
Pages : 546
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Book Description
Placed at the nexus between marketing and organisational studies, this book breaks a new ground on the intersection of these two disciplines with design management. With the latest marketing thinking assigning greater emphasis on organisations co-creating value with consumers and other stakeholders by placing them at the heart of the product/service development process, it has never been more important to integrate marketing and organisational perspectives into design management. This text explores the importance of managing design strategies, design processes, and design implementation in a way that it puts the human and the society at the centre, contributing to organisational success, customer gratification, and social welfare. Drawing from a variety of scholarly research and personal commercial insights, this book integrates key concepts of marketing, innovation, and design, to provide an in-depth discussion of the subject of design management. With end-of-chapter exercises, case studies, and reflective insights along with online teaching materials, Design Management: Organisation and Marketing Perspectives is an essential text for students in design management, marketing, and innovation, or for anyone interested in gaining an in-depth understanding of how design can be successfully managed in order to generate the best answers to contemporary global challenges.
Author: Aimé Heene
Publisher: Emerald Group Publishing
ISBN: 0762314729
Category : Business & Economics
Languages : en
Pages : 219
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Book Description
Explores how organizational competence and dynamic capabilities can support the competitive position of a firm. This book describes strategic, organizational, and behavioral perspectives on processes of competence development.
Author: John Storey
Publisher: John Wiley & Sons
ISBN: 9781444316599
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
In the midst of the most severe recession for 80 years there is little need to argue that organizations are beset by dilemmas and paradoxes. Confidence in prevailing business models and in the underlying assumptions underpinning business decisions over many decades has now been shaken. But it is not enough to rail against arrogance and greed. Within their own (flawed) assumptions bankers and corporate leaders were acting rationally. A major reason for the failure to anticipate and warn is that observers of organizations usually tend to view organizations in terms similar to those employed by the people who run them: as rational, sensible and objective, whereas, in fact, they are usually confused and confusing, paradoxical and contradictory entities. Paradox is at the heart of how organizations work (or don’t work) yet the phenomenon has been strangely unstudied. In an age of crisis and uncertainty, dilemmas and paradoxes are especially evident and prevalent. The fascination and the promise of paradox is that there is also a sense that there is a hidden truth entwined within the opposites. This we contend is a challenge for leaders. The ultimate responsibility of leadership is to make sense of these and to handle them in a competent manner. This demands a new mode of leadership. The management of dilemma and paradox it is contended, the essence of leadership today. Paradoxical forces provide a dynamism which, although often experienced as potentially threatening, discomforting and negative can also be exciting, promising and positive. "The assumption that organizations are rational entities is challenged every day in the work environment by a rich reality of asymmetries between conflicting forces, complexity, hidden intentions and paradoxes. Anyone wanting to understand the real forces that govern organizations should read this book. A must read for modern leaders who have the intellectual honesty to lead organisations with open eyes and not with the over simplifications and clichés of the past"--Giovanni Ghisetti, Director Business Transformation, Coca Cola Enterprises Europe "Storey and Salaman’s description of the paradoxes which characterise leadership today is hauntingly accurate. Their intelligent optimism that those dilemmas can be met is as encouraging as it is challenging for those of us who have to do just that. Having read the insights in this book I now understand how their business advice was always so pertinent".--Andy Street, Managing Director of John Lewis
Author: Agnieszka Zakrzewska-Bielawska
Publisher: Taylor & Francis
ISBN: 1000350770
Category : Business & Economics
Languages : en
Pages : 251
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Book Description
Strategies of enterprises evolve with the development of strategic management theory and new concepts, models, and outlooks that emerge with it. The concept of ambidexterity is a relatively new approach to business development strategies, which involves simultaneous exploration and exploitation activities to ensure the success of the company and a relatively sustainable competitive advantage. This begs the question as to whether the ambidextrous strategy is the right choice for all enterprises, and if not, what determines its choice. This book identifies and systematizes antecedents for choosing ambidextrous strategy, including factors related to the uncertainty of the environment, its dynamics, complexity, and unpredictability, intra-organizational factors, those related to resources, organizational structure, and behavioral context, as well as those related to strategic leadership. It examines the outcomes of implementing ambidexterity from the perspective of financial and market performance and assesses the choices of companies operating in Poland from the perspective of the impact that particular antecedents had and the outcomes achieved, providing knowledge and guidance on the circumstances in which choosing the ambidextrous strategy brings the best results. The book presents the research findings to date, the cognitive gaps that still exist, and the directions for further research. It is intended for scientific circles, doctoral and management students and a wide range of managers, who have to make difficult strategic choices aimed, on the one hand, at increasing the efficiency of the company and, on the other, at seeking new paths of growth.
Author: Kim C. Korn
Publisher: Dog Ear Publishing
ISBN: 145753293X
Category : Business & Economics
Languages : en
Pages : 87
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Book Description
Business enterprises have wrestled with this issue for over a century. From one extreme to another – from scientific management to the human relations movement – leaders have sought solutions to how to lead, manage, and govern their enterprises to lasting success. Unfortunately the piecemeal additions to traditional managing and the adoption of fads based on the success stories of particular companies have not solved the problem. The march to mediocrity and eventual failure that confounds so many companies continues today. But the alternative now stands ready. The solution? Regenerative managing. Built on the laws of managing, its practices create enterprises capable of thriving forever. From unleashing the full potential of each worker to continual enterprise vitalization, your company can now thrive in the most competitive times in the history of business.
