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- People (25)
- News (1,147)
- Research (4,100)
- Events (45)
- Multimedia (166)
- Faculty Publications (3,033)
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- July 2013 (Revised November 2021)
- Module Note
Exploration vs. Exploitation
By: Willy Shih
This module note introduces James March's concept of exploration and exploitation, and the management challenge of balancing the allocation of resources to the two activities in the firm. The note also touches on the O'Reilly and Tushman paper on the ambidextrous... View Details
Keywords: Exploration And Exploitation; Exploitation; Research; Scientific Research; Product Commercialization; Innovation and Invention; Innovation and Management; Innovation Leadership; Innovation Strategy; Technological Innovation; Knowledge Acquisition; Growth and Development Strategy; Resource Allocation; Strategic Planning; Research and Development; Science-Based Business; Corporate Strategy; Knowledge Sharing; Biotechnology Industry; Information Technology Industry; Manufacturing Industry; Medical Devices and Supplies Industry; Pharmaceutical Industry; Semiconductor Industry; Technology Industry; United States
Shih, Willy. "Exploration vs. Exploitation." Harvard Business School Module Note 614-004, July 2013. (Revised November 2021.)
- 2020
- Working Paper
The Evolutionary Nature of Breakthrough Innovation: Re-Evaluating the Exploration vs. Exploitation Dichotomy
By: Dominika K. Sarnecka and Gary P. Pisano
Over the past few decades, a consensus has emerged that breakthrough innovations emerge from exploration of novel terrain while more routine innovations are the product of exploitation. In this paper, we revisit this explore versus exploit dichotomy with an analysis... View Details
Keywords: Breakthrough Innovation; Exploration And Exploitation; Innovation and Invention; Technological Innovation
Sarnecka, Dominika K., and Gary P. Pisano. "The Evolutionary Nature of Breakthrough Innovation: Re-Evaluating the Exploration vs. Exploitation Dichotomy." Harvard Business School Working Paper, No. 21-071, December 2020.
- Web
Explore Our Programs
Whether you seek development opportunities for yourself or a colleague, explore our many offerings—from multi-week comprehensive leadership programs to short, topic-focused learning experiences. Each offers a challenging curriculum, a... View Details
- 07 Jan 2015
- News
Exploring leadership
A graduate of West Point who served in Iraq and Afghanistan, Dan Lennox-Choate (MBA 2015) has been surprised by the leadership lessons he’s learned at HBS. (Published January 2015) View Details
- February 2023 (Revised February 2024)
- Case
Chari: Exploring Fintech in Morocco
By: Karen G. Mills and Ahmed Dahawy
This case examines the challenges and opportunities of doing business in Morocco. It highlights Morocco’s unique economy where cash remains a dominant player in the market despite global advancements in digitalization. The case also explores the various cultural and... View Details
Keywords: Business Model; Cultural Entrepreneurship; Social Entrepreneurship; Business History; Business and Government Relations; Technological Innovation; Distribution Industry; Financial Services Industry; Morocco
Mills, Karen G., and Ahmed Dahawy. "Chari: Exploring Fintech in Morocco." Harvard Business School Case 323-082, February 2023. (Revised February 2024.)
- 20 Jun 2016
- Blog Post
Exploring Cleantech at HBS
1.3 billion people around the world lack access to energy, and for everyone else, most of their energy comes from sources that are often unreliable, expensive, and detrimental to the environment. I had worked on sustainable transportation at Tesla before HBS, and came... View Details
- 01 Dec 2005
- News
Exploring the Galápagos
“Marty should be here for this; this is what he came here for,” Esther Flashner laments to our Galápagos National Park guide, as a dozen of us stroll the sandy beach of Darwin Bay on the island of Genovesa. We are improbably close to nesting sea birds, four species of... View Details
- July 1986
- Case
Yellow Flats Exploration Co.
Goldstein, David. "Yellow Flats Exploration Co." Harvard Business School Case 187-035, July 1986.
- 01 Mar 2005
- News
South Africa Explorer
we headed to Stellenbosch, the capital of South Africa’s wine region. We delighted in an elegant French-style picnic at the Boschendal wine estate, coordinated by Julian Coulter (MBA ’03), export sales and marketing manager. In addition, our group View Details
- 23 Jun 2014
- News
Freedom to Explore
chairman of Porpoise Ventures. “HBS allowed me to solidify what I was going to do with the passions that I had. My MBA gave me the freedom to explore all sorts of options that I wouldn’t have considered otherwise.” A longtime donor to... View Details
- 2012
- Book
Ernest Shackleton, Exploring Leadership
By: Nancy F. Koehn
Broadly speaking, polar explorer Sir Ernest Shackleton was not successful; he never achieved any of the goals he originally set for himself. But when confronted with crushing adversity, he inspired his crew to work together to survive against incredible odds. While... View Details
Koehn, Nancy F. Ernest Shackleton, Exploring Leadership. New Word City, 2012. Electronic.
- 15 May 2017
- Blog Post
Exploring Career Options at HBS
teaching style, international reach, and cutting-edge research. Once admitted, I didn’t hesitate for a second and moved across the world to join the program. During my two years at business school I’ve had a lot of time to think about my career goals and View Details
- winter 2003/2004
- Article
Exploring the Innovation Pyramid
Keywords: Innovation and Invention
Kanter, Rosabeth Moss. "Exploring the Innovation Pyramid." European Business Forum 16 (winter 2003/2004).
- 01 Jun 2015
- News
Exploring Global Business Practices
Enhancing the Worldview of HBS Students and Faculty Building on a legacy of global engagement, Harvard Business School has made internationalization a key priority for its second century. To prepare leaders to meet the challenges of today’s society, the School focuses... View Details
- 12 Mar 2006
- Research & Ideas
New Research Explores Multi-Sided Markets
Andrei Hagiu is on the vanguard of a new field of business research that explores the dynamics of multi-sided markets. Although these markets have been around a long time, they have not really been recognized as entities unique from other... View Details
- Jan 27 2017
- Testimonial
Exploring the Dynamics of Disruption
- 01 Sep 2006
- News
Exploring Vietnam and Cambodia
Photos by SARAH HALL Twenty-eight alumni and guests explored natural wonders, vibrant cities, and historical sites of Vietnam and Cambodia last spring during a ten-day trip sponsored by the HBS Alumni Travel Program. Starting in Hanoi on... View Details
- February 2020
- Teaching Note
Essential Explorations at MUJI
By: Tomomichi Amano and Das Narayandas
Launched as a private brand in 1980 to counter the increasingly brand-conscious consumer in Japan, MUJI offered beautifully designed, fairly priced, no-frills quality goods. The once modest private label brand with 40 products had expanded significantly by 2019 to more... View Details
- December 2004 (Revised October 2005)
- Case
Intel Research: Exploring the Future
By: Alan D. MacCormack and Kerry Herman
It is 2004 and David Tennenhouse, the director of Intel Research, is reviewing the organization he has built since 2000. Intel Research was charged with exploring new and disruptive technologies that lay off the "silicon roadmap" that drove most of Intel's R&D efforts.... View Details
Keywords: Disruptive Innovation; Technological Innovation; Research and Development; Performance Evaluation; Venture Capital; Technology Networks; Semiconductor Industry; United States
MacCormack, Alan D., and Kerry Herman. "Intel Research: Exploring the Future." Harvard Business School Case 605-051, December 2004. (Revised October 2005.)
- August 2019 (Revised January 2020)
- Case
Essential Explorations at MUJI
By: Tomomichi Amano, Das Narayandas, Naoko Jinjo and Akiko Kanno
Launched as a private brand in 1980 to counter the increasingly brand-conscious consumer in Japan, MUJI offered beautifully designed, fairly priced, no-frills quality goods. The once modest private label brand with 40 products had expanded significantly by 2019 to more... View Details
Keywords: Product Portfolio Management; Brands and Branding; Product; Management; Change Management; Mission and Purpose; Retail Industry; Japan
Amano, Tomomichi, Das Narayandas, Naoko Jinjo, and Akiko Kanno. "Essential Explorations at MUJI." Harvard Business School Case 520-024, August 2019. (Revised January 2020.)