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A Project Portfolio Management Approach to Tackling the Exploration/Exploitation Trade-off
Business & Information Systems Engineering ( IF 7.4 ) Pub Date : 2018-11-12 , DOI: 10.1007/s12599-018-0564-y
Alexander Linhart , Maximilian Röglinger , Katharina Stelzl

Organizational ambidexterity (OA) is an essential capability for surviving in dynamic business environments that advocates the simultaneous engagement in exploration and exploitation. Over the last decades, knowledge on OA has substantially matured, covering insights into antecedents, outcomes, and moderators of OA. However, there is little prescriptive knowledge that offers guidance on how to put OA into practice and to tackle the trade-off between exploration and exploitation. To address this gap, the authors adopt the design science research paradigm and propose an economic decision model as artifact. The decision model assists organizations in selecting and scheduling exploration and exploitation projects to become ambidextrous in an economically reasonable manner. As for justificatory knowledge, the decision model draws from prescriptive knowledge on project portfolio management and value-based management, and from descriptive knowledge related to OA to structure the field of action. To evaluate the decision model, its design specification is discussed against theory-backed design objectives and with industry experts. The paper also instantiates the decision model as a software prototype and applies the prototype to a case based on real-world data.

中文翻译:

解决勘探/开发权衡的项目组合管理方法

组织二元性 (OA) 是在提倡同时参与探索和开发的动态业务环境中生存的基本能力。在过去的几十年里,关于 OA 的知识已经大大成熟,涵盖了对 OA 的前因、结果和调节因素的见解。然而,很少有规定性知识可以指导如何将 OA 付诸实践以及解决探索和开发之间的权衡问题。为了弥补这一差距,作者采用了设计科学研究范式,并提出了一种经济决策模型作为工件。该决策模型可帮助组织选择和安排勘探和开发项目,以经济合理的方式实现灵巧性。至于正当性知识,决策模型借鉴了项目组合管理和基于价值的管理的规范性知识,以及与 OA 相关的描述性知识来构建行动领域。为了评估决策模型,根据理论支持的设计目标并与行业专家讨论其设计规范。该论文还将决策模型实例化为软件原型,并将该原型应用于基于真实世界数据的案例。
更新日期:2018-11-12
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