Podcast
Questions and Answers
Creativitiy is not enough, what are the other 3 characteristics...
Creativitiy is not enough, what are the other 3 characteristics...
- Sense of seperateness
- Idialism
- Extreme self-efficacy
When combining the traits what will it do?
When combining the traits what will it do?
It will increase an inidividual's abilitiy to develop, pursue and succeed in bringing transformative ideas to life.
One of the most notable characteristics of breakthrough innovator is ...
One of the most notable characteristics of breakthrough innovator is ...
A sense of separateness, this allows them to think differently and pursue original ideas but it also may come with social isolation, reduced acces to resources and psychic distress.
The paper emphasizes the role of....
The paper emphasizes the role of....
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What is a powerful motivator for breakthrough innovators?
What is a powerful motivator for breakthrough innovators?
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Collective dynamics
Collective dynamics
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Conclusion of the traits
Conclusion of the traits
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Organizational ambidexterity refers to:
Organizational ambidexterity refers to:
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Early studies regarding ambidexterity show....
Early studies regarding ambidexterity show....
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Exploitation is...
Exploitation is...
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Exploration is about...
Exploration is about...
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Ambidexterity leads to benefits such as:
Ambidexterity leads to benefits such as:
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Three ways in which organizations achieve ambidexterity:
Three ways in which organizations achieve ambidexterity:
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Challenges in achieving ambidexterity
Challenges in achieving ambidexterity
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Several areas where more research is needed:
Several areas where more research is needed:
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Why must organizations embrace both strategies at the same time?
Why must organizations embrace both strategies at the same time?
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Paradoxical cognition allows top management to...
Paradoxical cognition allows top management to...
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Firms to focus to heavily on exploitation...
Firms to focus to heavily on exploitation...
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Firms that prioritize exploration ...
Firms that prioritize exploration ...
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Ambidextrous designs,
Ambidextrous designs,
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Top Management teams play a critical role determining how an organization balances exploitation and exploration....
Top Management teams play a critical role determining how an organization balances exploitation and exploration....
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Barriers achieving exploration and exploitation...
Barriers achieving exploration and exploitation...
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Paradoxical cognition involves two key processes
Paradoxical cognition involves two key processes
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Models of embracing paradoxical cognition
Models of embracing paradoxical cognition
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Both models can be effective, it depends on:
Both models can be effective, it depends on:
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Future research of the models in managing strategic contradictions
Future research of the models in managing strategic contradictions
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Risk of conflict:
Quality of decision:
Risk of conflict: Quality of decision:
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Study Notes
Characteristics of Breakthrough Innovators
- Creativity is only one of four traits.
- Other key traits are passion, perseverance, and a willingness to take risks.
- When combined, these traits lead to significant breakthroughs that impact the world.
- One of the most notable characteristics of breakthrough innovators is their ability to see problems and opportunities that others miss.
- The paper emphasizes the role of collective dynamics in fostering breakthrough innovation.
- Collective dynamics are a powerful motivator for breakthrough innovators.
- These collective dynamics help them to push through challenges and achieve their goals.
Organizational Ambidexterity: Balancing Exploitation and Exploration
- Organizational ambidexterity refers to the ability of an organization to simultaneously exploit its existing resources and capabilities while exploring new ones.
- Early studies regarding ambidexterity show that organizations that can balance exploitation and exploration are more likely to achieve sustainable success.
- Exploitation is about maximizing current resources and capabilities.
- Exploration is about seeking new opportunities and developing new resources.
- Ambidexterity leads to benefits such as enhanced innovation, increased competitiveness, and improved adaptability.
Achieving Ambidexterity: Structures and Processes
- Three ways in which organizations achieve ambidexterity:
- Structural ambidexterity involves creating separate organizational units to focus on exploration and exploitation.
- Process ambidexterity involves developing processes that allow organizations to balance exploration and exploitation within the same unit.
- Contextual ambidexterity involves creating conditions where both exploration and exploitation can thrive.
- Challenges in achieving ambidexterity include coordinating activities across units, ensuring resource allocation, and fostering a culture of innovation.
- Several areas where more research is needed: How to measure ambidexterity, the impact of leadership on ambidexterity, and the role of culture in ambidexterity.
The Importance of Paradoxical Cognition
- Organizations must embrace both exploitation and exploration strategies at the same time because they are both essential for long-term success.
- Paradoxical cognition allows top management to hold seemingly contradictory beliefs and integrate seemingly incompatible perspectives.
- Firms that focus too heavily on exploitation risk becoming stuck in the past.
- Firms that prioritize exploration risk failing to capitalize on their existing resources.
- Ambidextrous designs can help organizations navigate these issues by creating flexible structures and processes that allow them to adapt to changing environments.
The Role of Top Management in Driving Ambidexterity
- Top Management teams play a critical role in determining how an organization balances exploitation and exploration.
- Barriers to achieving both exploration and exploitation include lack of resources, fear of failure, and resistance to change.
- Paradoxical cognition involves two key processes: simultaneously holding contradictory beliefs and integrating seemingly incompatible perspectives.
Models of Paradoxical Cognition
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Two models of embracing paradoxical cognition:
- The "ambidextrous organization" model: Emphasizes the need to create separate units for exploration and exploitation.
- The "dynamic capabilities" model: Emphasizes the need to develop capabilities that allow organizations to adapt to changing environments.
- Both models can be effective, it depends on the specific context of the organization.
- Future research is needed on these models in managing strategic contradictions.
Implications and Risks of Paradoxical Cognition
- Risk of conflict: When managers hold contradictory beliefs, it can lead to disagreements and conflict.
- Quality of decision: Paradoxical cognition can lead to more creative and innovative decision-making.
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Description
Explore the essential traits that complement creativity. This quiz delves into the three additional characteristics that enhance creative talent in various fields. Test your understanding of what it takes to be successful beyond just being creative.