• Medientyp: E-Book
  • Titel: Extending March's Exploration and Exploitation : Managing Knowledge in Turbulent Environments
  • Beteiligte: Bray, David A. [Verfasser:in]; Prietula, Michael [Sonstige Person, Familie und Körperschaft]
  • Erschienen: [S.l.]: SSRN, [2008]
  • Erschienen in: 28th International Conference on Information Systems (ICIS), December 2007
  • Umfang: 1 Online-Ressource (17 p)
  • Sprache: Englisch
  • DOI: 10.2139/ssrn.962535
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  • Beschreibung: We extend March's model of exploration and exploitation to consider how environmental turbulence impacts organizational knowledge in hierarchies of varying size and depth. We then evaluate additional effects of a knowledge management (KM) system that collects and shares knowledge from expert individuals in an organization. We find that in the absence of personnel turnover, a management strategy of high exploitation and low exploration for a multi-tier hierarchical organization, representative of a top-down knowledge management strategy, reduces the accuracy of average individual knowledge levels compared to alternative strategies. The magnitude of this reduction in accuracy increases as the number of tiers in a hierarchical organization increase. Managers operating in a flat organization will see less of a reduction compared to a multi-tier organization. Two weighted-least-squares regressions performed on two additional data sets corroborate this central observation: a bottom-up strategy demonstrates greater resiliency to environmental turbulence than a top-down knowledge management strategy for hierarchical organizations
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