TY - JOUR
T1 - Dynamic ambidexterity
T2 - How innovators manage exploration and exploitation
AU - Chen, Yan
N1 - Publisher Copyright:
© 2017 Kelley School of Business, Indiana University
PY - 2017/5
Y1 - 2017/5
N2 - Firms must excel at both exploration and exploitation to ensure long-term survival and prosperity. However, firms often have difficulties in doing so because they have to accommodate the contradictory logics of exploration and exploitation. This article examines the logics of exploration and exploitation, evaluates the difficulties of accommodating both logics, and identifies dynamic ambidexterity as a new way to overcome these difficulties. To achieve dynamic ambidexterity, firms need to support structural ambidexterity at the corporate level, contextual ambidexterity at the business-unit level, and sequential ambidexterity at the project level. I believe that the notion of dynamic ambidexterity and its managerial practices can help firms manage exploration and exploitation and ensure long-term survival and prosperity.
AB - Firms must excel at both exploration and exploitation to ensure long-term survival and prosperity. However, firms often have difficulties in doing so because they have to accommodate the contradictory logics of exploration and exploitation. This article examines the logics of exploration and exploitation, evaluates the difficulties of accommodating both logics, and identifies dynamic ambidexterity as a new way to overcome these difficulties. To achieve dynamic ambidexterity, firms need to support structural ambidexterity at the corporate level, contextual ambidexterity at the business-unit level, and sequential ambidexterity at the project level. I believe that the notion of dynamic ambidexterity and its managerial practices can help firms manage exploration and exploitation and ensure long-term survival and prosperity.
KW - Exploration and exploitation
KW - Innovation culture
KW - Market orientation
KW - Organizational ambidexterity
KW - Strategic management
UR - http://www.scopus.com/inward/record.url?scp=85013170970&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85013170970&partnerID=8YFLogxK
U2 - 10.1016/j.bushor.2017.01.001
DO - 10.1016/j.bushor.2017.01.001
M3 - Article
AN - SCOPUS:85013170970
SN - 0007-6813
VL - 60
SP - 385
EP - 394
JO - Business Horizons
JF - Business Horizons
IS - 3
ER -