Adaptive Strategy Matrix [Infographic]: exploration vs. exploitation?
Open Innovation EU
NOVEMBER 16, 2015
I recently ran into an article (Walrave et al 2011) that analyzed a simulation of investing in exploration vs. exploitation. The decision to invest in (mainly short-term oriented) exploitation or to invest in (mainly long-term oriented) exploration is one of the key concepts of management and often referred to as ambidexterity.
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