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James March's Exploration and Exploitation in Organisational Learning

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James March's Exploration and Exploitation in Organisational Learning Synopsis

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.

About This Edition

ISBN: 9781912284696
Publication date:
Author: Padraig Belton
Publisher: Routledge an imprint of Taylor & Francis
Format: Paperback
Pagination: 110 pages
Series: The Macat Library
Genres: Psychology
Study and learning skills: general
Political science and theory
Literary theory
Economics
Business and Management
Philosophy