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1 – 2 of 2Kim Sundtoft Hald and Chiara Nordio
The objective of the present research is to explore how firms, when engaged in collaborative new product development (NPD) activities, may be understood to be successful or…
Abstract
Purpose
The objective of the present research is to explore how firms, when engaged in collaborative new product development (NPD) activities, may be understood to be successful or unsuccessful in achieving ambidextrous processes. The study explores the organizational and managerial practices inside the firm and in the supply chain that enable or constrain the firm in reaching a balance between exploitation and exploration when engaged with NPD.
Design/methodology/approach
A case study approach was adopted with the ambition to develop new theoretical insight. Insights from multiple NPD projects in a single highly innovative firm were collected and coded.
Findings
The analysis shows how the organization of the NPD projects, alignment strategies, approaches to reward structure, supplier integration willingness and absorptive capacity were all formative in the firms' abilities to achieve ambidexterity in the NPD processes.
Originality/value
The presented research expands knowledge of how ambidextrous NPD processes can be reached. It demonstrates how a complex combination of factors and practices internal to the firm and concerning its supplier management strategies and practices enables or constrains ambidexterity in NPD processes. The results allow managers to devise more informed strategies and design decisions to enable NPD processes that reach adequate and simultaneous concerns for exploitation and exploration.
Details
Keywords
This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Abstract
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
A dual focus on exploitation and exploration can help companies to enhance their new product development activities. Identifying factors with potential to facilitate or impede the process will enable closer collaborations both internally and with suppliers to increase the firm’s ambidexterity.
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.
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