Our paper studies the concepts of exploitation and exploration that are fundamental when conciliating of leanness and agility in responsive supply networks as well as when managing simultaneously incremental and radical innovation. First of all, we underline the innovative dimension that is included in leanness and agility. As a matter of fact, leanness is reached through incremental innovation, i.e. continuous improvement of products and processes to eliminate any potential waste. On the other hand, agility is a matter of flexibility towards unexpected change, i.e. radical innovation. Both innovation types, both management principles, are important to ensure the survival of an organisation. To enlighten this duality, we first borrow some images from solid state physics, comparing the firms inside a supply network with the atoms in a network. Afterwards, we propose a model linking both exploitation and exploration needs in a feedback structure where information management plays a central role. We conclude this paper with some research perspectives.
|Title of host publication||Proceedings of the European Forum on Market-Driven Supply Chains|
|Subtitle of host publication||Cranfield, November 2003|
|Place of Publication||Website (http://www.eiasm.org/frontoffice/event_announcement.asp?event_id=340)|
|Publisher||The European Institute for Advanced Studies in Management|
|Publication status||Published - 2003|
- Supply chain management