Ambidextrous organisations succeeded in breakthrough innovation 90% of the time

Harvard Business Review (2004)

Breaking through to true innovation can be difficult for any organisation, even those with the most creative and talented employees. However, a recent study has shown that ambidextrous organisations - that is, those who can manage both exploration and exploitation effectively - are more likely to succeed in breakthrough innovation, with a success rate of 90%; this is because ambidextrous organisations can strike the perfect balance between risk and reward, allowing them to experiment with new ideas while still maintaining a focus on their core business. As a result, they can create an entire innovation portfolio that is profitable and sustainable. So if you're looking to take your organisation to the next level, it might be time to start thinking about how you can become more ambidextrous.