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Dealing with a management paradox : exploitation versus exploration

Dissertation (MBA)--University of Pretoria, 2014.

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Other Authors: Sutherland, Margie
Format: Thesis
Language:English
Published: University of Pretoria 2015
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access_status_str Open Access
author2 Sutherland, Margie
author_browse Sutherland, Margie
author_facet Sutherland, Margie
collection Thesis
dc_rights_str_mv © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2014.
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institution University of Pretoria (South Africa)
language English
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2015
publishDateRange 2015
publishDateSort 2015
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/43978 Dealing with a management paradox : exploitation versus exploration Sutherland, Margie ichelp@gibs.co.za Gielink, Deen UCTD Exploitation Qualitative research Management Organizational behavior Dissertation (MBA)--University of Pretoria, 2014. In managing organisations for peak performance, managers have to deal with the strategic paradox of either exploiting their current resources, skills and competencies, or exploring and finding new alternatives. Managers are constantly challenged with this complex paradox and must decide how to leverage these seemingly opposite tensions for best performance. This study investigates the factors that affect exploitation and exploration, the implications of not balancing them, and finally whether they should be traded off against one another or done ambidextrously, which is a metaphor for organisations that are equally dexterous at exploiting and exploring. To this end, a qualitative research study with an explorative design was conducted in order to delve deep into this quandary. Interviews with 14 leading executives and four strategy experts were held to uncover their unique insights into this paradox. The insights from these in-depth interviews formed the basis of the data that was analysed using content analysis to produce the research findings of this study. The research identified the factors that could influence the degree to which an organisation explores or exploits. The research confirmed that exploitation and exploration are interdependent and should be done ambidextrously. The exploitation versus exploration management model emerged from these research findings. This model will assist managers in understanding the paradox and will put them in a position to better manage exploitation and exploration in order for the company to be sustainable. lmgibs2015 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2015-03-13T11:15:35Z 2015-03-13T11:15:35Z 2015-03-24 2014 Mini Dissertation Gielink, D 2014, Dealing with a management paradox : exploitation versus exploration, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/43978> http://hdl.handle.net/2263/43978 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Exploitation
Qualitative research
Management
Organizational behavior
Dealing with a management paradox : exploitation versus exploration
title Dealing with a management paradox : exploitation versus exploration
title_full Dealing with a management paradox : exploitation versus exploration
title_fullStr Dealing with a management paradox : exploitation versus exploration
title_full_unstemmed Dealing with a management paradox : exploitation versus exploration
title_short Dealing with a management paradox : exploitation versus exploration
title_sort dealing with a management paradox exploitation versus exploration
topic UCTD
Exploitation
Qualitative research
Management
Organizational behavior
url http://hdl.handle.net/2263/43978