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ORGmuze - a museum about organized life
EXPLORATION
Assumption:
Org builds long-term survivability by investing in radical, risky next-generation innovations.
VERSUS
EXPLOITATION
Assumption:
Org. priority is to maximize current profits by putting main efforts into proven "cash cows" (established business assets).
Result: innovation ventures either neglected, starved or socialized into conformity to dominant org. culture.
Old thinking,
former mental model.
Solution:
AMBIDEXTROUS MANAGEMENT
New ventures are sheltered, protected by top managers who "get" the dual strategy. Both sides are integrated to share assets both ways.
COST: new thinking & new systems are required
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