Empirical evidence that only a small part of organizations live up to 40 years. Why is it to be a mystery, because when firms do well they have all the resources (financial, physical and intellectual) to continue to be successful. However, evidence that most organizations fail. Building on recent advances in the theory of evolution, this article shows how a multi-level screening process to help organizations adapt to the technological and market changes. This process, along with the concepts of organizational ambidexterity and dynamic features that can help organizations to survive for a long period of time. A deliberate and repeated version of this process has enabled IBM to generate over $ 15 billion increase in the period between 2000 and 2005. "Hide
by Charles A. O'Reilly, J. Bruce Harreld, Michael L. Tushman Source: California Management Review 26 pages. Publication Date: August 1, 2009. Prod. #: CMR435-PDF-ENG
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