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Balancing between exploration and exploitation in a lean business environment

Oort, Max Joris van (2016) Balancing between exploration and exploitation in a lean business environment.

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Abstract:Previous research has shown the existence of different factors which affect the tension of exploration and exploitation in innovation. Some scholars have suggested links between this tension and lean management exist. However, few studies have examined the factors which facilitate ambidexterity in small and medium-sized lean organizations. Performing exploration and exploitation is vital for organizational survival. This research examined 42 small and medium-sized enterprises which are active in the manufacturing industry in the east of the Netherlands. Three ways for organizations to be successful were predefined and analysed in a fuzzy set Qualitative Comparative Analysis in combination with five factors. Data was gathered through surveys and interviews. The analysis led to different solutions for small and medium-sized enterprises to be successful in the short and long term. The findings showed that it is very challenging for organizations to be successful in all three definitions as some performance indicators have contrary success factors.
Item Type:Essay (Master)
Clients:
1991, Nederland
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:http://purl.utwente.nl/essays/70844
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