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  Leadership Tips for Today to Stay in the Game Tomorrow  Premium

Tushman, Michael L.
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This article summarizes research by the author into why some organizations fail in the face of "punctuated change," while others are reborn, adapt and survive. The key, he finds, involves embracing paradox. Continuing to exploit current business success is a must, but so is taking a plunge into the future through exploration. Carrying out both of these activities simultaneously calls for ambidexterity. The article highlights the defining features and characteristics of ambidexterity, and the keys that underpin putting it into action. While these skills need to reside in the leader at the top, senior management teams and heads of business units have to be just as adept at grasping the cognitive complexity and making the tradeoffs required for future success.

Tools and Frameworks:
> "Managing at the Intersection of Change" depicts a quadrant diagram to show how corporate leaders must constantly make choices regarding how and when to partition or repartition the problem space, maximizing their options to access knowledge and dynamically compose or decompose critical tasks, based on fluid rather than fixed organizational frameworks.

Examples Cited:
Sears, Wal-Mart, Ball Corporation, John Fisher, Swatch, Nicolas Hayek, Lou Gerstner, IBM, Emerging Business Organization, Mike Lawrie, Misys, Allscripts, Misys Open Source Solutions, Nokia, Havas Media Group, Victors & Spoils, NASA, Center of Excellence for Collaborative Innovation, Procter & Gamble, Tide, Gordon Brunner, Kodak, open innovation, crowdsourcing

Research Basis:
Based on decades of research by the author exploring why some organizations fail while others succeed when faced with the same "punctuated changes." Draws on content shared with executives and alumni during a Continuous Education session held at IESE Business School in Barcelona.

About the Author:
Michael Tushman is the Paul R. Lawrence MBA Class of 1942 Professor of Business Administration and Chair of the Program for Leadership Development at Harvard Business School.
This article is based on:  Leadership Tips for Today to Stay in the Game Tomorrow
Publisher:  IESE
Year:  2014
Language:  English
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