Exploration and exploitation in organizational learning ppt free
Nov 22, 2010 Organizational learning theory. The traditional view of learning involves companys strategies and concentrates on theoretical knowledge creation (exploration). The important aspect of organizational learning is staffs ability to put the learned material into practical knowledge implement gained knowledge (exploitation).
Title: Exploration and Exploitation in Organizational Learning. Created Date: 11: 07: 47 AM
The course focuses on group and organizational learning. The course begins with an analysis of models of group and organizational learning. Theoretical models and empirical findings are then presented about knowledge creation, retention and transfer. Requirements. There are three requirements for students taking this course for a grade.
The first is the case of mutual learning between members of an organization and an organizational code. The second is the case of learning and competitive advantage in competition for primacy. The paper develops an argument that adaptive processes, by refining exploitation more rapidly than exploration, are likely to become effective in the short run but selfdestructive in the long run.
Tension between exploration& exploitation Exploitation Refinement and extension of existing competencies Returns are positive, proximate, predictable Exploration Experimentation with new alternatives; diversity Returns uncertain, distant, and often negative Mutual learning has advantages to
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