An ideal balance between exploration and exploitation
Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Small and medium-sized enterprises (SME's) must be both innovative and efficient in order to compete effectively in today's unpredictable business environment. Building a top management team with members that respectively boast exploration and exploitation tendencies can lead to such firms becoming more ambidextrous and better positioned to successfully meet challenges. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.