Exploration vs. Exploitation, Module Note

This module note introduces James March’s concept of exploration and exploitation and the management challenge of balancing the allocation of resources between the two activities of the company. The note also touches on O’Reilly and Tushman’s article on two-handed organization and mentions some of the other posts.

Preferred Networks: A Deep Learning Startup Powers the Internet of Things

Preferred Networks, Inc. (PFN), a deep learning technology startup, an offshoot of artificial intelligence (AI) research, made a name for itself early on by aligning itself with Japan’s manufacturing power and introducing deep learning. in the Internet of Things (IoT). ) differentiated. The case follows the development of the startup at a highly valued company …

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Takeda: The Governance of Strategic Transformation (A)

The case series describes the strategic transformation at Takeda, the largest Japanese pharmaceutical company, with a special focus on the R&D function. Since 2015, the 237-year-old industry dean has reduced his strategic focus from six to three. therapeutic areas, has reorganized its global R&D presence into one Japanese location and two in the US, and …

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Corning Incorporated: Reinventing New Business Development

Throughout its history, Corning Incorporated had maintained a strong commitment to technology and innovation, spending about four to six percent of its annual revenue on research, development, and engineering (RD&E) until that number increased to 10 percent. percent in the late 1990s. Even as the company faced significant financial challenges in the early 2000s when …

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Nokia: From In-house to Joint R&D

The case describes and analyzes the organizational and strategic challenges of outsourcing research and development (R&D) activities from Denmark to China. Nokia Denmark was founded in 1996 as a subsidiary of Nokia Corporation and comprised Nokia’s largest R&D unit outside of Finland, focused on the development of mobile phones. In 2007, Nokia Denmark received instructions …

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Guidant: Cardiac Rhythm Management Business (A)

It examines the decisions that Guidant must make when it comes to spending on research and development and developing new products. More specifically, CEO Jay Graf discusses the advantages and disadvantages of leveraging product development skills learned in CPI’s core business when applied to a complementary business. The company’s marketing strategies contribute greatly to the …

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