what do giraffes 🦒 and businesses have in common?

Hello,

This week, we want to promote great content we found on the BCG Henderson Institute's website.

The theme: ambidexterity, or how to deal with complexity in the business world.

1. an analogy

Just like giraffes, businesses need to know when to keep working in their current environment and when it's time to explore new areas for food.

Source: Biology and Strategy: The Giraffe

2. a quote

"Most large businesses operate in multiple environments that change quickly over time—spanning many increasingly diverse geographies and product categories—and that are supported by a wide range of enabling functions. This diversity requires firms to be ambidextrous, because no single approach to strategy is applicable to a large firm in its entirety and over time."

Source: an introduction to Ambidexterity

3. an image

Source: Ambidexterity: The Art of Thriving in Complex Environments

Kind regards,

Joyce

PS: do you know of another great resource you think we should share?