James March's Exploration and Exploitation in Organisational Learning

Fiction & Literature, Literary Theory & Criticism, Business & Finance
Cover of the book James March's Exploration and Exploitation in Organisational Learning by Padraig Belton, Taylor and Francis
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Author: Padraig Belton ISBN: 9780429939914
Publisher: Taylor and Francis Publication: February 21, 2018
Imprint: Macat Library Language: English
Author: Padraig Belton
ISBN: 9780429939914
Publisher: Taylor and Francis
Publication: February 21, 2018
Imprint: Macat Library
Language: English

Exploration and Exploitation is a key text for scholars and business practitioners interested in promoting economic well-being and sustainable growth. March’s work promotes the preservation of companies’ competitiveness and sustainability in the fluctuating market environment by maintaining a balance between exploration and exploitation processes. He explicates that this balance depends on the interchange between the adaptive capability of the company, predictability and consistency, competition, anticipations, level of risk, learning, socialization dynamics within the organization, and the overall environmental turbulence. These intricacies make March’s text invaluable.

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Exploration and Exploitation is a key text for scholars and business practitioners interested in promoting economic well-being and sustainable growth. March’s work promotes the preservation of companies’ competitiveness and sustainability in the fluctuating market environment by maintaining a balance between exploration and exploitation processes. He explicates that this balance depends on the interchange between the adaptive capability of the company, predictability and consistency, competition, anticipations, level of risk, learning, socialization dynamics within the organization, and the overall environmental turbulence. These intricacies make March’s text invaluable.

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