Essays about: "exploration versus exploitation"

Found 5 essays containing the words exploration versus exploitation.

  1. 1. The Dawn of a New Era : A Case Study of an Incumbent Car Manufacturer’s Transition to Electric Cars

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Yashar Modiri; Oskar Olsson; [2020]
    Keywords : organizational ambidexterity; exploration; exploitation; dynamic capability; structural ambidexterity; domain separation; agile management; organizational inertia; ambidextrous leadership; senior leadership; transformation; knowledge diffusion; knowledge integration; goal alignment; innovation; electric cars; Volvo Cars;

    Abstract : How do firms tend to their current viability while remaining competitive in the long-term? This question lays out the basis for this thesis by highlighting their conflicting logics through the concept of organizational ambidexterity. Literature makes a distinction between competing in mature markets and existing technologies (exploitation) versus new markets and new technologies (exploration). READ MORE

  2. 2. Shoemaker's Children - A qualitative study on digital disruption's effect on a multi-professional service firm's strategic knowledge renewal.

    University essay from Handelshögskolan i Stockholm/Institutionen för företagande och ledning; Handelshögskolan i Stockholm/Institutionen för marknadsföring och strategi

    Author : Louise Lundqvist; [2020]
    Keywords : Digital Disruption; Professional Service Firms; Strategic Renewal;

    Abstract : The fourth industrial revolution is here, causing digital disruption of knowledge-intensive firms including professional service firms. As a result, these firms need to strategically renew their digital knowledge base to remain a relevant actor on the market. READ MORE

  3. 3. Exploration and Exploitation in Reinforcement Learning

    University essay from KTH/Skolan för teknikvetenskap (SCI)

    Author : Felix Adelsbo; [2018]
    Keywords : ;

    Abstract : In reinforcement learning there exists a dilemma of exploration versus exploitation. This has led to the development of methods that have di↵er- ent approaches to this. Using di↵erent types of methods, and modifying them in di↵erent ways can lead to di↵erent results. READ MORE

  4. 4. Walking a Tightrope in Organisational Ambidexterity

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Tizian Hoppen; Susanne Jeppsson; [2018]
    Keywords : Organisational Ambidexterity; Exploration versus Exploitation; Efficiency and Flexibility; Managerial Challenges; Strategic Management; Business and Economics;

    Abstract : Title: Walking a Tightrope in Organisational Ambidexterity: Ambidextrous Micro-Balancing as a Prerequisite for Managerial Success Authors: Tizian Hoppen & Susanne Jeppsson Supervisor: Merle Jacob Submission Date: 27th of May 2018 Keywords: Organisational Ambidexterity, Exploration versus Exploitation, Efficiency and Flexibility, Managerial Challenges, Strategic Management Purpose: Responding to a well-defined research gap, the purpose of this study is to identify challenges that arise from organisational ambidexterity and to assess implications for managers derived from these challenges. Research Question: What are the challenges managers face in sustaining organisational ambidexterity? Methodology: A qualitative, multiple-case study design has been crafted to capture managers’ perceptions of the challenges they face and how they deal with them across companies from different industries and sizes. READ MORE

  5. 5. Managing Supplier Innovation: A Case Study of the Wind-Turbine Industry

    University essay from Göteborgs universitet/Graduate School

    Author : Daniel Karimi; Ole Christian Ihalainen; [2014-12-12]
    Keywords : buyer-supplier relationship; open innovation; supplier innovation; supplier segmentation; supplier interface; hidden knowledge; simple versus complex innovation problem; radical versus incremental innovation; exploration versus exploitation; supplier involvement; global sourcing; risk-return trade-off; ambidexterity;

    Abstract : Having reliable supplier relationship is one of the main sources for companies’ open innovation strategy, exploring and raising the level of innovativeness. Consequently, managing open innovation is a crucial challenge for managers, particularly in many high tech industries, where the interests of buyer and supplier change constantly. READ MORE