Organizational Ambidexterity: Managing Exploitation-Exploration Tensions in Small Firms
Proceedings of 5th International Conference on Business and Information 2014 (pp. 160-163), University of Kelaniya, Sri Lanka, 2014
4 Pages Posted: 26 Dec 2014
Date Written: December 24, 2014
The concept of organizational ambidexterity has gained momentum research in business firms. This study aims to explore necessity of ambidexterity. The main objective of this study is to investigate why small firms should be ambidextrous and how they can reach ambidexterity under the pressure of limited resources and competitive forces. Result of the study reveals that small firms are competent of effectively engage both in pursuing exploration and exploitation. The study stresses the importance of finding a balance between these two processes in small firms to reap competitive advantage from the markets which are characterized with hyper competition and dynamism. Theoretical and practical implications are also discussed in this paper.
Keywords: Organizational Ambidexterity, Opportunity Exploration, Opportunity Exploitation, Small Firms
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