Sample Quiz

1. Survival
2. Firm Growth
3. Innovation

Strong leadership and a clear vision

1. Sequential - Periods of exploration and exploitation
2. Structural - Exploration and exploitation are separated between business units
3. Contextual - Create a culture where individuals will balance both

<ul> <li>The definition of exploration and exploitation</li> <li>The influence of leadership</li> <li>The timing of when to pursue exploration and exploitation</li> </ul> Signup and view all the answers

<p>will have a hard time adapting to change</p> Signup and view all the answers

<p>will have a hard time achieving operational efficiency</p> Signup and view all the answers

<ul> <li>Structural inertia</li> <li>Cognitive bias</li> <li>Risk aversion</li> </ul> Signup and view all the answers

<ol> <li>Differentiation: recognizing the distinct needs</li> <li>Integration: finding synergies between exploration and exploitation</li> </ol> Signup and view all the answers

<p>The responsibility is shared between team members Members wear different hats, high quality member-member interactions and leader coaching to facilitate integration</p> Signup and view all the answers

<ul> <li>The leader is responsible -&gt; leader is the integrator Assigned distinct roles, high quality member-leader meetings but to little member-member meetings, leader coaching reinforce differentiation.</li> </ul> Signup and view all the answers

<p>how different organizational contexts and leadership styles impact the effectiveness</p> Signup and view all the answers

<ol> <li>Extreme Self-Efficacy: Belief very much in themselves</li> <li>Idealism: Deep intrinsic drive</li> <li>Sense of seperateness: Feeling of being seperate allows them to think differently</li> </ol> Signup and view all the answers

<p>These traits reinforce each other and do not guarantee innovation</p> Signup and view all the answers