An ambidextrous organization is a type of organization that is capable of balancing the exploration of new ideas with the exploitation of existing ones. This allows the organization to remain agile and flexible, while still remaining true to its core mission and values. The key to successful implementation of an ambidextrous organization is to ensure that exploration and exploitation are properly balanced and that the organization has the capacity to adjust when needed. One important aspect of an ambidextrous organization is its ability to innovate. Innovation is the process of creating new ideas and turning them into products, services, or processes that are valuable to the organization. An ambidextrous organization is able to innovate by exploring new ideas and experimenting with new approaches. This requires a culture of creativity and risk-taking, as well as the ability to learn from failure. Another important aspect of an ambidextrous organization is its ability to execute. Execution is the process of implementing existing ideas and turning them into products, services, or processes that are valuable to the organization. An ambidextrous organization is able to execute by exploiting existing ideas and optimizing existing processes. This requires a culture of efficiency and discipline, as well as the ability to continuously improve and optimize existing processes. Overall, an ambidextrous organization is able to balance exploration and exploitation in order to remain agile and flexible, while still achieving its short-term and long-term objectives. This requires a culture of innovation, risk-taking, and continuous improvement, as well as a flexible structure that allows for the integration of different teams and departments.
ambidextrous organization, innovation, execution, exploration, exploitation
CITATION : "Joshua Wilson. 'Ambidextrous Organization.' Design+Encyclopedia. https://design-encyclopedia.com/?E=250838 (Accessed on May 09, 2024)"
An ambidextrous organization is a type of organization that can adapt and adjust quickly to changing circumstances in the external environment. It balances both the exploration of new ideas and the exploitation of existing ones. This type of organization is characterized by a strong organizational culture that encourages collaboration, innovation, risk-taking, and the ability to learn from failure. It also has a flexible structure that allows for the integration of different teams and departments, as well as the ability to quickly respond to changes in the marketplace. The key to successful implementation of an ambidextrous organization is to ensure that exploration and exploitation are properly balanced and that the organization has the capacity to adjust when needed.
Agility, Flexibility, Adaptability, Proactiveness.
An ambidextrous organization is one that is capable of adapting to the changing environment by adopting both incremental and transformative changes. This organization model is based on the concept of dualism and parallelism, whereby the organization's strategy, structure, and processes are designed to balance and align incremental and radical changes together. This allows these organizations to remain agile and flexible, while still remaining true to their core mission and values. This organization model is used by businesses and government bodies to drive innovation and progress, while still ensuring that short-term objectives are met.
Ambidextrous, Adaptability, Dualism, Parallelism, Agility, Flexibility, Innovation, Progress.
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