Organizational Ambidexterity

Organizational ambidexterity is the ability of a company to effectively balance two important but often conflicting activities: exploiting existing products and practices to maximize short-term success, while exploring new opportunities for innovation and growth for the long term. It involves managing current operations efficiently while simultaneously experimenting with new ideas. This dual approach helps organizations stay competitive and adaptable in changing markets, ensuring they can optimize current performance without losing sight of future opportunities.