Editor, Executive and Entrepreneur

To survive in today’s increasingly complex business environments, firms must embrace strategic paradoxes: contradictory yet interrelated objectives that persist over time. This can be one of toughest of all leadership challenges, as managers must accept inconsistency and contradictions. In this arti...

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Main Authors: Lillegraven Tor-Bøe, Wilberg Erik
Format: Article
Language:English
Published: Sciendo 2016-11-01
Series:Nordicom Review
Subjects:
Online Access:https://doi.org/10.1515/nor-2016-0014
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author Lillegraven Tor-Bøe
Wilberg Erik
author_facet Lillegraven Tor-Bøe
Wilberg Erik
author_sort Lillegraven Tor-Bøe
collection DOAJ
description To survive in today’s increasingly complex business environments, firms must embrace strategic paradoxes: contradictory yet interrelated objectives that persist over time. This can be one of toughest of all leadership challenges, as managers must accept inconsistency and contradictions. In this article, we develop and empirically test a set of hypotheses related to ambidexterity, a key example of a paradoxical strategy. Through our analysis of data from a survey of executive leaders, we find a link between organizational ambidexterity and strategic planning, suggesting that the complexities of navigating in explorative ventures require more explicit strategy work than the old certainties of a legacy business. We identify and discuss inherent paradoxes and their implications for firm performance in 22 industry-specific strategies, where empirical industry data shows a pattern of conflict between explorative growth strategies and exploitative profit strategies. We argue that this is just one of the inherent paradoxes in the ambidexterity construct.
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spelling doaj.art-0a0a0a4c23114eb7904326b3ff79709f2023-08-02T07:24:06ZengSciendoNordicom Review2001-51192016-11-0137211513010.1515/nor-2016-0014Editor, Executive and EntrepreneurLillegraven Tor-Bøe0Wilberg Erik1Ph.D., Department of Strategic Management and Globalization, Copenhagen Business SchoolDr., Associate Professor, Department of Strategy and Logistics, BI Norwegian Business SchoolTo survive in today’s increasingly complex business environments, firms must embrace strategic paradoxes: contradictory yet interrelated objectives that persist over time. This can be one of toughest of all leadership challenges, as managers must accept inconsistency and contradictions. In this article, we develop and empirically test a set of hypotheses related to ambidexterity, a key example of a paradoxical strategy. Through our analysis of data from a survey of executive leaders, we find a link between organizational ambidexterity and strategic planning, suggesting that the complexities of navigating in explorative ventures require more explicit strategy work than the old certainties of a legacy business. We identify and discuss inherent paradoxes and their implications for firm performance in 22 industry-specific strategies, where empirical industry data shows a pattern of conflict between explorative growth strategies and exploitative profit strategies. We argue that this is just one of the inherent paradoxes in the ambidexterity construct.https://doi.org/10.1515/nor-2016-0014ambidexterityleadershipstrategyparadoxesorganizational change
spellingShingle Lillegraven Tor-Bøe
Wilberg Erik
Editor, Executive and Entrepreneur
Nordicom Review
ambidexterity
leadership
strategy
paradoxes
organizational change
title Editor, Executive and Entrepreneur
title_full Editor, Executive and Entrepreneur
title_fullStr Editor, Executive and Entrepreneur
title_full_unstemmed Editor, Executive and Entrepreneur
title_short Editor, Executive and Entrepreneur
title_sort editor executive and entrepreneur
topic ambidexterity
leadership
strategy
paradoxes
organizational change
url https://doi.org/10.1515/nor-2016-0014
work_keys_str_mv AT lillegraventorbøe editorexecutiveandentrepreneur
AT wilbergerik editorexecutiveandentrepreneur