@elizabetj
Enterprises achieve the balance between innovation and management by:Adopting ambidextrous organization structure (separate explore & exploit units)
Implementing stage-gate innovation process with flexible checkpoints
Setting dual KPIs: short-term efficiency + long-term innovation metrics
Building innovation-friendly culture while maintaining disciplined execution
Using time-boxed “innovation sprints” separated from core business
https://hbr.org/2004/04/the-ambidextrous-organization
https://hbr.org/2019/05/the-hard-truth-about-innovative-cultures
https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-innovative-organization