July 2009
Beginner
224 pages
4h 44m
English
Why do so many companies fall into the trap of choosing either exploration—the search for new knowledge—or exploitation—the maximization of payoff from existing knowledge—rather than balancing both? The reason is that as companies grow, they become more comfortable with the administration of business. They like and encourage analytical thinking. They embrace a very specific way of arguing and thinking that includes a narrow definition of what constitutes reasonable grounds for moving ahead with a project—a very narrow definition of proof. For analytical thinking, all proof emanates from the past—a general rule handed down, or a set of observations of earlier events or behaviors. The average ...
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