Strategic alignment of innovation to business: balancing exploration and exploitation in short and long life cycle industries
This book addresses the crucial question for innovative prospector companies of how to bridge the gap between exploration and exploitation. Whereas exploration deals with the search for new ideas and opportunities, exploitation is about incrementally moving the performance bar a little bit higher. F...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Wageningen, The Netherlands
Wageningen Academic Publishers
2007
|
| Series: | Innovation and sustainability series
v. 2 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | This book addresses the crucial question for innovative prospector companies of how to bridge the gap between exploration and exploitation. Whereas exploration deals with the search for new ideas and opportunities, exploitation is about incrementally moving the performance bar a little bit higher. Finding the right balance between exploration and exploitation is essential for the long term survival in today's highly dynamic business environments. In a cross-industry study of ten large, multinational prospector companies, which are world leaders in their respective industries, it was discovered that the 'industry clockspeed', the length between the subsequent product generations, plays an essential role in bridging this gap. The product generation life cycle (PGLC) typically ranged from just several months in short life cycle industries (SLCIs), such as electronics and the mobile phone industry, to (mo |
| Item Description: | Includes bibliographical references (pages 141-153) |
| Physical Description: | 1 Online-Ressource (173 Seiten) Illustrationen |
| ISBN: | 9789086866281 908686628X |
| DOI: | 10.3920/978-90-8686-628-1 |
Staff View
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| id | DE-604.BV047030249 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T16:02:00Z |
| indexdate | 2024-07-10T09:00:37Z |
| institution | BVB |
| isbn | 9789086866281 908686628X |
| language | English |
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| spelling | Fortuin, Frances Verfasser aut Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries Frances Fortuin Wageningen, The Netherlands Wageningen Academic Publishers 2007 1 Online-Ressource (173 Seiten) Illustrationen txt rdacontent c rdamedia cr rdacarrier Innovation and sustainability series v. 2 Includes bibliographical references (pages 141-153) This book addresses the crucial question for innovative prospector companies of how to bridge the gap between exploration and exploitation. Whereas exploration deals with the search for new ideas and opportunities, exploitation is about incrementally moving the performance bar a little bit higher. Finding the right balance between exploration and exploitation is essential for the long term survival in today's highly dynamic business environments. In a cross-industry study of ten large, multinational prospector companies, which are world leaders in their respective industries, it was discovered that the 'industry clockspeed', the length between the subsequent product generations, plays an essential role in bridging this gap. The product generation life cycle (PGLC) typically ranged from just several months in short life cycle industries (SLCIs), such as electronics and the mobile phone industry, to (mo Case studies / fast / (OCoLC)fst01423765 Case studies / lcgft Business planning / fast / (OCoLC)fst00842819 New products / Management / fast / (OCoLC)fst01036904 Production (Economic theory) / fast / (OCoLC)fst01078260 Business planning Case studies Production (Economic theory) New products Management Case studies levenscyclus life cycle innovaties innovations onderzoek research industrial applications exploratie exploration hulpbronnengebruik resource utilization strategisch management strategic management Strategic Policy Strategisch beleid Erscheint auch als Druck-Ausgabe 9789086860562 Erscheint auch als Druck-Ausgabe 9086860567 https://doi.org/10.3920/978-90-8686-628-1 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Fortuin, Frances Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries Case studies / fast / (OCoLC)fst01423765 Case studies / lcgft Business planning / fast / (OCoLC)fst00842819 New products / Management / fast / (OCoLC)fst01036904 Production (Economic theory) / fast / (OCoLC)fst01078260 Business planning Case studies Production (Economic theory) New products Management Case studies |
| title | Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries |
| title_auth | Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries |
| title_exact_search | Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries |
| title_exact_search_txtP | Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries |
| title_full | Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries Frances Fortuin |
| title_fullStr | Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries Frances Fortuin |
| title_full_unstemmed | Strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries Frances Fortuin |
| title_short | Strategic alignment of innovation to business |
| title_sort | strategic alignment of innovation to business balancing exploration and exploitation in short and long life cycle industries |
| title_sub | balancing exploration and exploitation in short and long life cycle industries |
| topic | Case studies / fast / (OCoLC)fst01423765 Case studies / lcgft Business planning / fast / (OCoLC)fst00842819 New products / Management / fast / (OCoLC)fst01036904 Production (Economic theory) / fast / (OCoLC)fst01078260 Business planning Case studies Production (Economic theory) New products Management Case studies |
| topic_facet | Case studies / fast / (OCoLC)fst01423765 Case studies / lcgft Business planning / fast / (OCoLC)fst00842819 New products / Management / fast / (OCoLC)fst01036904 Production (Economic theory) / fast / (OCoLC)fst01078260 Business planning Case studies Production (Economic theory) New products Management Case studies |
| url | https://doi.org/10.3920/978-90-8686-628-1 |
| work_keys_str_mv | AT fortuinfrances strategicalignmentofinnovationtobusinessbalancingexplorationandexploitationinshortandlonglifecycleindustries |