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In contrast to the largely functionalist and apolitical literature which dominates organisational scholarship on exploitation and exploration after March, this paper seeks to complement this view of exploitation and exploration with a Marxist reading which is unwittingly implied by these terms. More specifically, we combine neo-Marxist and paleo-Marxist arguments to more fully understand the conflictual relations that underpin exploitation and exploration in the management of firms. This enables us to address both the objective and subjective dimensions of exploitation and exploration which firms and workers are involved in through the contemporary capitalist labour process. We illustrate this by drawing on a case study of a large Swedish manufacturing firm which sought to improve lean production by systematically helping employees to explore their own lifestyles and possibilities for a healthier and happier life.

In this introduction to the special issue we propose the main problems and issues that are addressed, namely, how the ambidextrous ideal in contemporary working life plays out at the individual level. Today, employees need to have the intellectual, social, and physical capacity, will, strength and ability to produce, execute, refine, and choose. But they also need to have the intellectual, social and physical capacity, will, strength and ability to experiment, search, and play. They need both be able to discipline themselves and “go crazy.” They need both focus and fantasy. They need to adhere to organizational norms and values, as well as challenge them. We discuss the challenges and problems that face the ambidextrous person, and why he or she cannot remain but an ideal character. At the end of this introduction, we outline the contributions of all authors who seek to explore in various ways how the ambidextrous employee comes into play in contemporary society and its human and organizational consequences.

This chapter investigates March's concepts of ‘exploration’ and ‘exploitation’ in relation to the graduate labour market (Levinthal & March, 1993; March, 1991). We focus on its use of the imagery of potentiality as key criterion of employability and investigate its dimensions through March's conceptual framework. We argue that the balancing act of exploring and exploiting one's potential becomes one of the main coordinates through which contemporary organisations attempt to configure the profile of the future employee. An ambidextrous ideal employee is configured who is trapped between the continuous demands of routinised production, execution and implementation, and those of equally sustained experimentation, self-expression and creativity. We conclude by arguing that this ideal can be interpreted as another example of an unsustainable utopian image of work in the context of contemporary management. The theme of potentiality illustrates the dangers of this utopia in a specific way. On the one hand, it plays the role of an inescapable framework guiding the individual's sense of self, whilst on the other hand, it predicates the self based upon an image of limitless potential.