Humantific CoFounder GK VanPatter writes about the state of “Firm of The Future” Skill-Building. Ambidexterity often appears in numerous depictions of the arriving future originating in the managagement consulting community. What is missing from that picture?
“Hello Humantific readers. In this post we return to the subject of ambidexterity in organizations. The recent report entitled “The Firm of the Future” from Bain & Company is one of the latest management advisory publications pointing out the importance of and shift towards operationalizing ambidexterity in future focused organizations.
“We’re beginning to see what the next generation of successful companies will look like….The firm of the future will manage two types of businesses—“Engine 1” of its core and “Engine 2” of its more innovative businesses.” Bain & Company 2017.
Accenture, Deloitte, Bain & Company, Detecon and others have all recently been offering up similar observations and advice to organizational leaders. Others such as Charles O’Reilly & Michael Tushman of Harvard Business School writing in Harvard Business Review have previously written on the subject reflecting their own research. It is a capacity referred to under different names that include Ambidexterity, Dual Engines, Exploiting/Exploring, Double Excellence, Dual Innovation, Integrative Innovation, etc. With numerous different takes on the subject now tabled, some more practical then others, what they are all talking about is the notion of future oriented firms enabling two engines or streams of innovation, each with different characteristics.”
Read the entire post on LinkedIn here.