Managers know they need to create a sustainable competitive advantage
December 10, 2014
However, in today’s rapidly changing environment, organizations can stay ahead only if they constantly build new strategic initiatives and exploit temporary advantages. This class explores some of the obstacles confronting organizations that need to balance the exploitation of existing advantages and the exploration of new opportunities. We will identify and discuss the organizational capabilities that firms need to develop if they want to establish a healthy portfolio of strategic initiatives. We will also identify the implications for leaders.
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